Aditya Birla Lifestyle Brands Appoints Ashish Dikshit As MD
The company has also informed the appointment of Vishak Kumar as Deputy MD and Chief Executive Officer (CEO)
The company has also informed the appointment of Vishak Kumar as Deputy MD and Chief Executive Officer (CEO)
The development comes as the company is shifting its focus to profitability and margins ahead of its initial public offering (IPO)
Poised for a vibrant decade of consumption growth, India’s middle class will take the lead, fuelled by rising incomes, rapid urbanisation and a shift toward premium products
Funding will support the introduction of new products, marketing boost and store expansion across India
Post Akshaya Tritiya, Kalyan Jewellers’ gold and silver coins will continue to be available on Instamart as part of their regular assortment
The company states that this partnership brings the Souled Store closer to its ultimate goal of becoming a global lifestyle brand
The brand highlights that the pieces are aimed at managing body heat, calming skin irritation and improving sleep hygiene
Quick commerce, which allows easy product discovery and enables delivery within minutes, has changed the competitive landscape
The reports state that Reliance Retail is expected to drive the potential acquisition and Reliance is currently looking to pursue the deal independently, unlike others
This partnership aims to enable greater accessibility to newer geographies across tier two and three cities, offering customers an online retail shopping experience