Cantabil Retail India, an apparel manufacturer and retailer, has announced the opening of 10 new exclusive retail outlets, as part of its robust strategy to grow the retail portfolio. The new apparel and accessories stores have been opened in different states including Nagaland, Gujarat, Himachal Pradesh, Madhya Pradesh, Rajasthan, Haryana and Punjab in the month […]
Nikhil Gulati has been named Head of Business Marketing at Clovia, India’s D2C fashion, lingerie, and personal care brand. He has over ten years of experience in senior business and marketing positions. As part of his new job, Nikhil will be in charge of Clovia’s brand marketing, with the goal of making the brand a […]
Da Milano, renowned for its authentic Italian design and artisanship, is thrilled to announce the launch of 7 new stores in India within one month. These stores will be located in Indore, Amritsar, Goa, Lucknow, Ahmedabad, Hyderabad, and Pune, expanding the brand’s presence across the country. The company is proud to continue growing its family […]
Udaan, a B2B e-commerce platform, said that it shipped over 1.7 billion items and fulfilled over 22 million orders in fiscal year 2022 in a press release on Wednesday. The orders were sent to 1200 towns and cities across the country, including 12,500 zip codes. Udaan stated that it transported over 9 lac tonnes of […]
The revenue of the leather apparel and accessories industry, which includes bags, belts, and harnesses, is expected to fall 7-8 per cent in fiscal year 2024, according to Crisil Ratings in a news release on Wednesday. Revenue is likely to fall due to a downturn in consumer demand in Europe and the United States, two […]
5G smartphone shipments will increase by 70 per cent year on year by the end of 2023, after a 13-fold increase in 5G smartphone sales from the year of its initial debut in 2020,according to a Cybermedia Research research (CMR). 5G smartphones are estimated to account for 45 per cent of the market in CY2023, […]
FMCG major ITC will buy a 100% share in Bengaluru-based healthy snack firm Yoga Bar, according to its regulatory filing on Tuesday. Over the next three to four years, the tobacco-to-food behemoth will acquire 100 per cent of Yoga Bar’s parent firm, Sproutlife Foods (SFPL). The business stated that it will buy 47.5 per cent […]
LG Electronics India has invested Rs 200 crore in its Ranjangaon, Pune-based plant to establish a new line for producing the premium range of side-by-side refrigerators. The new plant, which will be equipped with latest technology and machinery and would cost over Rs 200 crore, is expected to produce 2 lakh side-by-side refrigerators each year, […]
Havmor Ice Cream, a subsidiary of the South Korean company LOTTE Confectionary, has committed to invest Rs 450 crores over 5 years. This investment comes four years after LOTTE Confectionery acquired Havmor Ice Cream for Rs 1000 crores in December 2017. Havmor Ice Cream is one of India’s fastest-growing ice cream brand with a strong […]
The Global Canned Seafood Market is estimated to grow at an 8 per cent CAGR and reach nearly USD 50 billion by 2028, according to Global Canned Seafood Market Report 2022. Canned fish is becoming more popular among both homes and commercial end users, because of greater health awareness, increased demand for processed and convenient […]
