Leading socks brand targets high-foot traffic area for growth Premium socks brand Balenzia has opened its newest store at Terminal 4, Domestic SHA, Chennai International Airport. Strategically located in the airport’s bustling retail hub, the new outlet features an extensive array of designs, ranging from classic and formal to trendy and quirky styles. “We are […]
DMart reports a consolidated net profit of Rs 7.74 billion for the first quarter of 2024 versus Rs 6.59 billion a year earlier India’s Avenue Supermarts, the operator of the DMart retail store chain, posted a 17.5 per cent rise in first-quarter net profit. It reported a consolidated net profit of Rs 7.74 billion (92.68 […]
The sprawling 2,106 square feet outlet showcases the brand’s spring/summer 2024 collection Michael Kors has opened its largest store in India to date in Ahmedabad, located inside Palladium Mall. The new store measures 2,106 square feet and launched with the American brand’s spring/summer 2024 collection. “Ahmedabad, your next fashion destination is here,” announced Reliance Brands […]
Trust issues persist in the Indian retail industry despite increased consumer spending PwC’s inaugural ‘Voice of the Consumer Survey 2024’ draws on over 15 years of consumer research, capturing insights from over 20,000 consumers across 31 countries, including 1,000 consumers in India. The survey reveals that 75 per cent of Indian consumers anticipate increased spending […]
Strategic alliance to enhance retail presence and consumer access to Crocs’ products in the Indian market Apparel Group has unveiled the expansion of its partnership with Crocs, the global footwear brand. Apparel Group has been appointed as the exclusive retail licensee for Crocs’ products in North and East India, enhancing Crocs’ presence in the Indian […]
FSN Ecommerce Ventures anticipates 22-23 per cent revenue boost, highlights beauty segment resilience amid muted fashion demand In a recent BSE filing, FSN Ecommerce Ventures, the parent company of Nykaa, forecasted a consolidated revenue growth of approximately 22-23 per cent year-on-year for the first quarter of FY25. This reflects sustained momentum in India’s beauty retail […]
The cricketers join Puma’s lineup of Indian brand ambassadors, which includes Virat Kohli, Mohammed Shami, Kareena Kapoor Khan, Harmanpreet Kaur, MC Mary Kom, Avani Lakhera, Ibrahim Ali Khan and Shanaya Kapoor Puma India has expanded its roster of brand ambassadors by onboarding cricketers Riyan Parag and Nitish Kumar Reddy. The cricketers join Puma’s lineup of […]
Upon completion, Raymond and Raymond Realty will operate as separate listed entities within the Raymond Group Raymond has revealed the vertical demerger of its Real Estate Business into its wholly owned subsidiary, Raymond Realty (RRL). Upon completion, Raymond and Raymond Realty will operate as separate listed entities within the Raymond Group, pending all statutory approvals. […]
The Tata Group-managed firm added 61 stores during April-June FY25, taking its combined retail network presence to 3,096 stores Titan revealed that it clocked a standalone revenue growth of 9 per cent in the first quarter ended 30 June 2024. The Tata Group-managed firm added 61 stores during April-June FY25, taking its combined retail network […]
The expansion strategy fits with a larger vision to introduce 300 stores and aims to achieve a GMV of Rs 650 crore by 2027 Fashion brand Beyoung has embarked on an offline expansion plan this year. After recently unveiling its Bhilwara store, the company has extended its offline presence with its new store in Kota. […]
