Consumer
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ITC’s FMCG Business Crosses Consumer Spends Of Rs 32,500 Cr

The brand reaches 25 crore households as 100 new products get introduced during the year ITC’s vibrant portfolio of over 25 world-class Indian brands represents an annual consumer spend of nearly Rs 32,500 crores and reaches over 250 million households in India. These home-grown, purpose-led Indian brands, powered by agile innovation, support the competitiveness of […]

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India Leads National Index Score Despite Dips In Consumer Sentiment: Report

LSEG-Ipsos PCSI surveyed more than 21,000 adults under the age of 75 from 29 countries between 24 May and 7 June 2024 Consumer sentiment has weakened and dipped by 2.6 per cent in June 2024, though notably, India continues to lead with the highest national index score across all 29 markets polled, according to the […]

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Japanese Distilling Company Suntory Sets Up Indian Subsidiary

Suntory India will commence operations in July and will be headed by Masashi Matsumura as Managing Director Japanese multinational brewing and distilling company Suntory has set up an Indian subsidiary to accelerate its business in the country. The new company, Suntory India, will commence operations in July and will be headed by Masashi Matsumura as […]

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Brands Companies consumer Consumer E-commerce & Marketplaces FMCG Grocery Logistics News Retail Sector

Reliance Retail Pilots 30-45 Minute Grocery Delivery In Mumbai

JioMart’s new hyperlocal delivery service aims to partner with local kirana stores for faster fulfilment Reliance Retail has launched a pilot program for immediate delivery of groceries and fast-moving consumer goods (FMCG) in select areas of Mumbai and Navi Mumbai, according to a report by the Economic Times. This quick delivery service is integrated into […]

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Snitch Reports 130% Surge In Sales, Secures 2.4% Market Share In Men’s Fashion E-commerce

The brand currently operates 11 stores and plans to open 40 more by the end of this year to solidify its offline presence Celebrating its fourth anniversary, Snitch has reported a 130 per cent increase in sales compared to last year. This growth has been driven by its expansive retail model, combining aggressive online and […]

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Domestic Jewellery Consumption Growth Likely To Moderate In FY25 As Prices Rise

Gold prices rise by approximately 14 per cent in FY2024 YoY and are higher by about 18 per cent YTD over FY2024 average Srikumar Krishnamurthy, Senior Vice President and Co-Head – Corporate Ratings, Icra notes that gold prices rose by approximately 14 per cent in FY2024 YoY and are higher by about 18 per cent […]

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Titan Plans Expansion Across Its Brand Verticals

The company’s expansion will have a strong focus on jewellery brand Tanishq and saree label Taneira for this year Tata Group’s Titan has announced expansion plans across its brand verticals, with a strong focus on the jewellery brand Tanishq and the saree label Taneira for this year. The company also plans to launch an exclusive […]

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V2 Retail Expands Presence With New Stores Across India

Opens new stores in Odisha, West Bengal and Bihar as part of ongoing expansion spree V2 Retail has expanded its presence with new openings in Odisha, West Bengal and Bihar. These additions are part of a significant retail expansion, bringing over 5,000 family-focused clothing and accessories styles to more offline shoppers. “We’re thrilled to announce […]

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Zyod Raises $18M In Series A Fundraising, Plans Expansion To Over 40 Nations

RTP Global leads the investment round, with participation from new investors Trifecta Capital, Lightspeed and Alteria Capital as well as established investors Lightspeed and Alteria Capital Zyod has raised 18 million USD in its series A fundraising round. Leading this investment round was RTP Global, with participation from new investors Trifecta Capital, Lightspeed and Alteria […]

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SoulTree Debuts In Mumbai With Soul Sanctum Store

This stand-alone outlet, encompassing 195 square feet of retail space, is located in the airport area of Juhu Ayurvedic brand SoulTree has officially made its debut in Mumbai with the launch of its first Soul Sanctum store in the city. This stand-alone outlet, encompassing 195 square feet of retail space, is located in the airport […]

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