Spencer’s Retail Narrows Net Loss To Rs 47.3 Cr In Q3FY25
The company’s revenue from operations registered a 20.95 per cent decline on a year-on-year (YoY) basis
The company’s revenue from operations registered a 20.95 per cent decline on a year-on-year (YoY) basis
Reliance Industries, in its earning statement on Thursday, stated that its premium brands business has entered into India franchise arrangement for Saks Fifth Avenue
Ecommerce is also predicted to contribute over USD 160 billion in gross merchandise value (GMV) by the financial year 2029 (FY29)
The quarterly revenue of the company came in at Rs 90,333 crore, marking an 8.8 per cent year-on-year (YoY) increase
Palicha stated that in January 2023, the gross order value of the company stood at USD 550 million
The company registered a nine per cent on-year rise in sales as it went from Rs 1,207 crore in the third quarter of the fiscal 2024 (Q3FY24) to Rs 1,311 crore in Q3FY25
The report stated that higher jewellery prices are expected to result in some moderation in the same store volumes; however, the volumes generated from new stores could largely compensate for the same
The report stated that recovery will be led by improved consumer financial health, driven by an increase in income levels and lower inflation which would result in a higher disposable income
However, the report stated that in some of the categories, the effects of price cuts taken earlier are now behind
Honeywell’s report stated that 35 per cent of major retailers plan to significantly increase their AI investment