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The company had logged a net profit of Rs 2,612 crore and a revenue from the sale of Rs 15,497 crore in the April-June quarter a year ago New Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a 5.97 per cent rise in its consolidated net profit to Rs 2,768 crore for the June quarter of FY26, helped by gains from a re-estimation of taxes paid in the previous year. The company had logged a net profit of Rs 2,612 crore in the April-June quarter a year ago, according to a regulatory filing from HUL, the maker of popular brands as Dove, Lifebuoy, Lux, Lakmé, and Sunsilk. Revenue from the sale of products of the leading FMCG firm was up 5.15 per cent at Rs 16,296 crore in the June quarter, led by volume growth. This was at Rs 15,497 crore in the corresponding quarter a year ago. “HUL reported a consolidated underlying Sales Growth (USG) of 5 per cent and an Underlying Volume Growth (UVG) of 4 per cent,” the company said in its earnings statement. In the June quarter, H...

The brand is now gearing up for its next phase of growth, exploring more product categories, building new brands and expanding its retail footprint Bengaluru: Waffles found their way into India’s mainstream palate only in the last two decades and one of the key players responsible for sparking this love affair is The Belgian Waffle Co . The idea for the brand took shape in 2015 when Co-Founder Shrey Aggarwal, during his time working abroad, discovered the joy of waffles through culinary experiments. He and his wife Alisha Aggarwal launched the brand with a modest offline start in Mumbai. Run by Bloombay Enterprises Pvt. Ltd. , the brand was the first to bring the concept of on-the-go waffles to India with its signature product, the Waff-wich . Now in 2025, the brand celebrates a decade in the business. With more than 650 stores spread across 210 cities , it has grown into India’s biggest waffle chain . With a loyal customer base of 4–5 million , The Belgian Waffle Co is ...

If the deal goes through, Shunya would become the fourth beverage brand to join Reliance’s portfolio, following its previous acquisitions of Campa, Sosyo, and RasKik Mukesh Ambani’s Reliance Consumer Products Ltd. (RCPL) is reportedly in advanced discussions to acquire a controlling stake in Shunya , a premium health drink brand owned by the Baidyanath Group ’s Naturedge Beverages , according to sources cited by The Economic Times. Shunya offers zero-sugar functional beverages infused with herbs and is available in flavours such as ‘zesty apple’ and ‘zesty orange’. While exact figures around the potential stake and valuation remain unclear, the move signals Reliance’s growing interest in the booming health-focused beverage sector, which is gaining popularity among urban consumers seeking alternatives to traditional sugary drinks. If the deal goes through, Shunya would become the fourth beverage brand to join Reliance’s portfolio, following its previous acquisitions of Campa , Sosyo...

Lenskart proposes to utilise the proceeds from the IPO for setting up new CoCo stores in India and to lease, rent, and license agreements for these CoCo stores New Delhi: Lenskart Solutions Ltd, an omni-channel eyewear retailer, has filed preliminary papers with capital markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The Gurugram-based company’s IPO involves raising Rs 2,150 crore through fresh issuance of equity shares. Besides, promoters and investors would offload 13.22 crore equity shares, according to the draft red herring prospectus (DRHP) filed on Monday. As a part of the OFS, promoters — Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi; investors — SVF II Lightbulb (Cayman) Ltd, Schroders Capital Private Equity Asia Mauritius Ltd, PI Opportunities Fund – II, Macritchie Investments Pte Ltd, Kedaara Capital Fund II LLP, and Alpha Wave Ventures LP — would offload shares. Lenskart proposes to utilise the proceeds...

New Delhi: Harmeet Singh, Chief Brand Officer at The Body Shop (Asia South), discusses the brand’s purpose-led marketing, influencer campaigns, customer engagement, and plans for expansion. The post The Body Shop India Eyes Growth with Purpose-Driven Marketing appeared first on India Retailing . from India Retailing https://ift.tt/QREMckU via IFTTT

Before joining Trehan IRIS, Bansal held key leadership roles at Felix Realty, where he served for nearly 7 years New Delhi: Trehan IRIS, one of India’s most trusted and legacy-rich real estate developers, has appointed Gaurav Bansal as Assistant Vice President – Retail Leasing. With over 17 years of experience in the real estate sector, Bansal brings deep expertise in sales, leasing, and team leadership. His strategic market insight is expected to further strengthen Trehan IRIS’s leasing operations as the company expands its footprint in retail and mixed-use spaces, the company said. Before joining Trehan IRIS, Bansal held key leadership roles at Felix Realty, where he served for nearly 7 years. At Felix, he most recently led the company’s leasing and sales as Head of Department, overseeing operations in Gurugram. He also served as HOD – Leasing and Sales between 2018 and 2022. Before Felix Realty, Bansal worked with Vipul Limited (2016–2018) and Bestech Group (2008–2016), where he ...

Urban Jungle is currently focused on building its identity, growing its retail presence, and boosting revenue as it works toward becoming a key name in India’s travel gear market Bengaluru: Gone are the days of dull black and grey trolleys. Today’s airports are filled with color-blocked, picturesque luggage, often seen in the hands of Gen Z travelers. It’s eye-catching and, at the same time, easy to spot on the baggage belt. To tap into this shift in travel style, Safari Industries , India’s largest and fastest-growing luggage company with a legacy of five decades and known for names like Safari , MAGNUM , GENiUS , and Genie , introduced a new brand in 2023 named Urban Jungle, to target the younger, style-conscious crowd. Founded by Tanisha Jatia , Urban Jungle is a premium, design-led luggage brand built for those who see travel as a form of self-expression rather than just a necessity. “Safari has always been known for delivering quality products to the mass Indian consu...

Nisha Khatri  is a dynamic marketing leader with over 12 years of experience in fashion, lifestyle, and digital transformation. Currently the  Head of Marketing at Libas , she is known for building culturally resonant, data-driven campaigns that spark emotional connections and drive business growth. From launching  Kiara Advani as brand ambassador  to turning  Libas’ flagship sale, Purple Days , into a nationwide retail success, Nisha blends storytelling with strategy to build compelling consumer journeys. Her career began as a  Fashion Producer at Harper’s Bazaar Bride , where she led high-profile editorial shoots, celebrity collaborations, and global destination tie-ups—shaping her creative foundation. She later deepened her appreciation for craft and heritage as a  stylist at Good Earth , working with leading names like  Raveena Tandon  and  Samantha Ruth Prabhu . In her strategic pivot, Nisha joined  Campus Shoes as Senior M...

India’s mall culture is undergoing a profound transformation. Once defined by pure retail functionality, shopping malls today are emerging as multifaceted lifestyle destinations—designed to offer not just shopping, but experiences, engagement and community. This shift is being driven by changing consumer behavior, rising urban aspirations and a renewed emphasis on placemaking in real estate development. In the current landscape of 2025, malls are no longer singular commercial enclosures. They are fast becoming urban epicenters that combine dining, entertainment, co-working, wellness, events, and leisure—all within one dynamic environment. This evolution is particularly visible in top-tier cities like Gurgaon, where affluent consumer bases and sophisticated urban planning are paving the way for a new generation of luxury malls. From Retail Boxes to Lifestyle Districts Modern consumers—especially millennials and Gen Z—don’t just visit malls to shop. They come to connect, engage and un...

Nishant Poddar  is a visionary marketing leader and brand strategist with over two decades of experience driving growth, innovation, and consumer engagement in India’s dynamic retail and lifestyle sectors. As the  Chief Marketing Officer and Head of Retail Experience at Wrogn , he has been instrumental in building iconic youth-focused brands like  Wrogn ,  Imara ,  Ms.Taken ,  Single , and  Coffee Day . A founding team member at Wrogn, Nishant brings a unique blend of creative intuition and data-driven strategy to brand building, digital transformation, and customer experience design. He has successfully executed high-impact celebrity and influencer-led campaigns while scaling brands across diverse channels. His academic journey includes executive programs from  IIM Calcutta ,  IIT Bombay , and  IBA , reflecting his commitment to marketing analytics, leadership, and innovation. With deep insight into culture and consumer behavior, Nish...

Spread across 7,200 sq. ft. and rising four stories high, the new store in Jayanagar is one of the brand’s most immersive and thoughtfully designed spaces yet Bengaluru: The House of Rare, a premium omnichannel house of fashion brands, has launched its largest flagship store in Jayanagar, Bengaluru, the city where its journey first began. Spread across 7,200 sq. ft. and rising four stories high, the Jayanagar store is one of the brand’s most immersive and thoughtfully designed spaces yet. The journey starts with Rareism on the ground floor, showcasing womenswear. The first and second floors house Rare Rabbit’s menswear collections along with Rare’Z, the brand’s streetwear and footwear line. The third floor is reserved for Rare Ones, designed for boys aged 4 to 16. “Bengaluru is where The House of Rare was born, it’s not just our origin, it’s our heartbeat,” said Lavish Soni, Chief Business Officer, Retail, The House of Rare . “From a single store in this city to a growing national...

The company had reported a net profit of Rs 155.28 crore in the year-ago period New Delhi: FMCG firm LT Foods Ltd on Thursday reported an 8.5 per cent increase in consolidated net profit to Rs 168.50 crore during the June quarter, led by increase in margins and distribution expansion. It had reported a net profit of Rs 155.28 crore in the year-ago period, according to a regulatory filing from LT Foods Ltd, which owns basmati rice brands — Daawat and Royal. Its revenue from operations was up 19 per cent to Rs 2,463.91 crore in the June quarter of FY26 from Rs 2,070.50 crore a year ago. Total expenses for LT Foods were Rs 2,278.84 crore, up 20.5 per cent in the first quarter of the ongoing fiscal year. LT Foods’ total income, which includes other revenue, was at Rs 2,500.98 crore up 19.17 per cent in the June quarter. Commenting on the results, Managing Director & CEO Ashwani Arora said, “In Q1 FY26, we delivered yet another solid performance with revenues touching Rs 2,501 cr...

New Delhi: In a move to diversify its revenue streams, District, a vertical owned by Zomato parent Eternal, has reportedly entered the fashion retail segment by listing clothing, accessories, and apparel on its mobile app, according to multiple media reports. Originally launched as a platform focused on dining, events, and going-out experiences, District was later spun off into a distinct vertical and merged with Paytm Insider. Until now, it had primarily served as a ticketing and entertainment interface with no official indication of expanding into the e-commerce space. The development comes shortly after Eternal reported a 70% rise in revenue to ₹7,167 crore (US $830 million) in Q1 FY26 from ₹4,206 crore (US $487 million) in the same period last year. However, its net profit dropped by 90% to ₹25 crore (US $2.89 million), largely due to ongoing investments in its quick commerce vertical Blinkit and B2B supply platform Hyperpure. Despite strong revenue momentum, adjusted EBITDA fe...

The complaint was filed based on information that Myntra and its affiliated companies are engaged in multi-brand retail trading under the pretense of operating as a wholesale cash-and-carry business New Delhi: The Enforcement Directorate on Wednesday said it has registered a case against Flipkart-owned e-commerce platform Myntra, its linked companies and directors for alleged FDI violation of over Rs 1,654 crore. The complaint was filed by the federal probe agency’s Bengaluru zonal office under a section of the Foreign Exchange Management Act (FEMA) based on “credible information” that Myntra Designs Private Limited, whose brand name is Myntra, and its related companies are doing multi-brand retail trade in the guise of “wholesale cash and carry”. This is in alleged violation of Foreign Direct Investment (FDI) guidelines and provisions of the FEMA, the agency said in a statement. At present, the country’s FDI policy does not permit FDI in the inventory-based model of e-commerce. I...

The company had reported a consolidated net profit of Rs 3.25 crore and sales of Rs 613.64 crore in the April-June quarter a year ago New Delhi: Westlife Foodworld, operator of McDonald’s restaurants in West and South India, on Wednesday reported a decline of 62.5 per cent in its consolidated net profit to Rs 1.22 crore in the June quarter. The company had reported a consolidated net profit of Rs 3.25 crore in the April-June quarter a year ago, according to a regulatory filing from Westlife Foodworld. However, its sale rose 6.45 per cent to Rs 653.25 crore in the June quarter of FY26. In the year-ago period, the same stood at Rs 613.64 crore. Total expenses of Westlife Foodworld in the June quarter climbed 7.43 per cent to Rs 662.78 crore. Westlife Foodworld’s total income, which includes other incomes, increased 7 per cent to Rs 664.44 crore in the June quarter In a separate filing, Westlife Foodworld informed that its board in a meeting held on Wednesday approved an interim di...

India’s shopping centres are no longer just destinations to buy—they’re destinations to belong. As spaces evolve, so must our imagination India’s shopping centres are evolving at a dramatic pace. No longer just spaces to transact, malls are now experience engines, cultural arenas, social hubs, and data-driven consumption ecosystems. And that’s the story the industry is coming together to explore and co-author at  Shopping Centres Next (SCN) 2025 , on July 23–24 in Goa. Organised by the IMAGES Group, SCN is India’s most influential forum for modern retail real estate stakeholders. This year’s theme, infused throughout the agenda, is a directional question:  What’s next for India’s malls? The answers are emerging from a confluence of trends: rising Tier 2/3 aspirations, the institutionalisation of retail assets, AI-driven retail planning, and a radical redefinition of what it means to be a “mall” in the age of connected commerce. Let’s explore these shifts through a layered ...

New Delhi: In this exclusive episode of India Retailing Studio, Ramya Raja, Chief Merchandising Officer at Bazaar Style Retail Ltd. (Style Bazaar), lays out the brand’s bold vision: to reach 500 stores and ₹5,000 crore revenue by FY27, all while focusing on Bharat — India’s Tier 3 and Tier 4 towns. The post From Bharat to ₹5,000 Cr: Style Bazaar’s Expansion Vision for India’s Heartland appeared first on India Retailing . from India Retailing https://ift.tt/Hr5ECQU via IFTTT

The company had reported a profit after tax of Rs 2,549 crore and gross revenue of Rs 75,615 crore in the same quarter last fiscal New Delhi: Reliance Retail Venture Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, on Friday reported a 28.3 per cent jump in its profit after tax at Rs 3,271 crore in the quarter ended June 30, 2025, on the back of robust revenue growth across segments. The company had reported a profit after tax of Rs 2,549 crore in the same quarter last fiscal, according to a regulatory filing of Reliance Industries Ltd (RIL). Gross revenue in the first quarter rose by 11.3 per cent to Rs 84,171 crore against Rs 75,615 crore in the same period of the previous fiscal. Reliance Retail’s revenue from operations in the first quarter was at Rs 73,720 crore compared to Rs 66,260 crore in the year-ago period, up 11.3 per cent. All segments performed well, with market leading performance in grocery and fashion. Consumer electronics and devi...

Behind the Scenes of India’s Largest Consumption Platform – Vision, Velocity, and the Next Phase of Growth At the Capital Markets Day hosted by Nexus Select Trust, a spirited fireside chat brought together three of India’s most influential minds in real estate: Anuj Puri, Chairman of Anarock Group; Tuhin Parikh, Senior Managing Director at Blackstone; and Arjun Sharma, Vice Chairman of Nexus Select Trust and Chairman of Select Infrastructure. With humour, history, and high conviction, the trio peeled back the layers of what powers India’s largest retail consumption platform. From a Mall to a Movement: The Genesis of Nexus Tuhin Parikh shared the strategic roots of Nexus Select Trust with characteristic candour: “There wasn’t some grand vision. Blackstone believes in doing few things, but going deep and doing them at scale. That was the thinking.” Having seen the durability of location-led retail through his early days, Parikh was convinced that retail in India could be resilient an...

The capital raised will drive Solitario’s expansion in the Delhi NCR region and fuel investments in retail, inventory, and brand experience across high-potential urban hubs Bengaluru: Lab-grown diamond jewellery brand Solitario Diamonds has closed a fresh round of funding at a valuation of Rs 300 crores. The round brings on board Gautam Budhrani, trustee of the Budhrani Knowledge Trust and part of the Budhrani Group of Hospitals, as a strategic investor. The capital raised will drive Solitario’s expansion in the Delhi NCR region, a key growth market for the brand, and fuel investments in retail, inventory, and brand experience across high-potential urban hubs. “This funding is a strategic step forward in our journey to make Solitario the most trusted name in lab-grown diamond luxury. With Gautam Budhrani joining us, we gain not just capital, but a like-minded visionary who believes in our long-term mission to take Indian innovation global,” said Ricky Vasandani, CEO & Founder ...

ClickPost’s new platform helps brands capture hidden revenue as India’s dark store network explodes to 20,000+ locations New Delhi:  ClickPost, one of India’s leading e-commerce intelligence platforms has launched Prism, a cutting-edge revenue intelligence platform that transforms fragmented quick commerce data into strategic growth levers for brands navigating India’s hyperlocal marketplace. As the sector races toward $5 billion in GMV with 75-85% growth projected for 2025, Prism provides brands the neighborhood-level visibility they need to optimise performance across thousands of dark stores. As major portions of e-commerce budgets shift to quick commerce, brands face a fundamental challenge: building sustainable revenue streams in an inherently volatile market. Quick commerce remains largely unpredictable, with minimal customer loyalty and hyperlocal demand patterns that shift rapidly across neighborhoods. In this environment, traditional brand strategies fail because essenti...