The rise in prices of onions and tomatoes pushed up the cost of vegetarian and non-vegetarian thalis by 10 per cent and 5 per cent respectively in November over the last month, according to a report by CRISIL. This is a rise of 9 per cent in the cost of the vegetarian thali in November […]
Aditya Birla Fashion and Retail (ABFRL) has partnered with French fashion designer Christian Louboutin, according to the company’s press release on Wednesday. Under the joint venture, Christian Louboutin India’s business will now be a new subsidiary of ABFRL where the partners will hold equal stakes. “This partnership reflects our commitment to offering our discerning customers […]
ByteDance, the parent company of TikTok, the short video platform launched its online shopping service in 2021 named TikTok Shop in Indonesia. The ecommerce platform is currently available in the UK and the US markets. To boost its online retail platform in the US, ByteDance is planning to prohibit links to other ecommerce platforms such […]
India’s consumer price index (CPI) – retail inflation may increase from the RBI’s tolerance limit of 6 per cent in November from 4.87 per cent in October, according to Barclays’ estimates. “We estimate that CPI inflation rose in November to 6.15 per cent year-on-year (YoY), a sharp reversal from the moderating trajectory over the past […]
The Federation of Automobile Dealers Associations (FADA) has unveiled the Vehicle Retail Data for November 2023, marking a historic achievement for the Indian Auto Retail Industry. According to a press release, the month witnessed the sale of 28.54 lakh vehicles, surpassing the previous high of March 2020, which sold 25.69 lakh vehicles during the industry’s […]
Apparel Group, a global conglomerate focusing on fashion and lifestyle, has exclusively partnered with Shoppers Stop to extend the presence of Bath & Body Works in the Indian market. Shoppers Stop will host the first shop-in-shop for Bath & Body Works at the City Centre Mall in Salt Lake, Kolkata. Through its network of nearly […]
As holiday shoppers initiate the return process for items acquired during Black Friday and Cyber Monday online shopping sprees, an increasing number of U.S. retailers may advise customers to retain items whose return shipping costs surpass their intrinsic value, according to a Reuters report. This year, 59 per cent of retailers are implementing so-called “returnless” […]
On the birth anniversary of Sadhu Thanwardas Lilaram Vaswani, the Uttar Pradesh government has declared a ‘no non-veg day’ on Saturday. The Uttar Pradesh government ordered all slaughterhouses and meat shops to remain closed on Saturday, on the birth anniversary of Sadhu Thanwardas Lilaram Vaswani, who advocated for a vegetarian lifestyle. A circular issued by […]
Black Friday sales are no longer limited to the West as it is picking up the pace among Indian shoppers as well. The excitement is evident in the growing number of individuals eagerly anticipating substantial discounts. Across the country, retailers have witnessed a substantial increase in online purchasing during the last Black Friday. Shoppers want […]
Delhi Chief Minister Arvind Kejriwal has given the green light for an additional 83 shops and commercial establishments in the city to operate around the clock. Upon receiving approval from the lieutenant governor, these establishments will join the existing 635 in being permitted to run 24 hours, as stated in an official announcement. Only 269 […]
