Orient Electric last month reported a 9.7 per cent increase in standalone revenue from operations to Rs 678.35 crore during the period under review as against Rs 618.34 crore in the previous year quarter. However, the company’s standalone net profit decreased by 14.5 per cent to Rs. 32.56 crore in December 2022 from Rs. 38.08 […]
Orient Electric Limited, part of the diversified USD 2.4 billion CK Birla Group, has announced the launch of Cloud 3 fan, a first-of-its-kind cooling fan powered by Cloudchill technology. Orient Cloud 3 not only delivers cool air, but cools the space as well, making it a great choice for Indian households given the year-round hot […]
Reliance Retail on Friday announced the opening of the first freestanding Gap store in Mumbai. The launch of this Gap store marks a milestone in the long-term partnership between Reliance Retail and Gap, through which the Indian firm is the official retailer for Gap across all channels in India, according to a statement from Reliance […]
Leading home textiles firm Welspun India has unveiled a modern manufacturing facility for advanced textiles in Chandanvelly, Telangana. The facility has been launched under its subsidiary Welspun Advanced Material India (WAMIL) and was inaugurated by Telangana Minister for Industries & Commerce, Municipal Administration & Urban Development (MA&UD), Information Technology, Electronics and Communications (IT E&C) KT […]
Rashmi Shukla, Business Head, Jaypore, is an enthusiast about product creation and design, particularly in the fashion and apparel industry. Her passion led her into the fashion sector, and Jaypore gave her the opportunity to discover comfortable apparel and traditional crafts. In an exclusive interview with BW Retail World Shukla talked about the brand’s vision, […]
Indian domestic air travel has significantly improved as it touched 85.7 per cent of pre-covid 2019 levels in the year 2022, according to the International Air Transport Association (IATA). IATA announced earlier this month that the recovery in air travel continued in December, 2022 and was signed up for the whole year compared with 2021. […]
HUL announced on Friday the sale of its Annapurna and Captain Cook brands to Singapore-based Uma Global Foods for Rs 60.4 crore in order to leave the non-core atta and salt sector. It has reached an agreement to sell its atta and salt businesses, which operate under the trademarks ‘Annapurna’ and ‘Captain Cook,’ respectively, according […]
People’s attitudes around renting clothes are shifting, and the most crucial aspect is that the taboo of wearing a rental item is no longer there, said Anchal Saini, CEO- Flyrobe. “Over the last few years, a lot of little organisations or small players have come into small rental stores and launched new kinds of openings, […]
A slowdown in 2023 in advanced economies, especially the US and the eurozone, is expected to make India’s footwear and leather products export trade vulnerable, said Crisil Ratings. “Domestic labour-intensive sectors such as textiles, footwear, and leather depend significantly on these two regions, making them particularly vulnerable to a slowdown in these economies,” it said […]
Footwear major Bata India Limited on Tuesday announced results for the quarter ended 31 December 2022. The company posted Rs 83.19 crore in consolidated net profit in the Q3, up 14.86 per cent from Rs 72.32 crore in the same period last fiscal. Bata’s revenue from operations for the quarter stood at Rs 900.2 crore […]
