Brainbees Solutions (FirstCry), a retail platform specialising in products for mothers, babies, and kids, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI). The initial public offering (IPO) of the company includes a fresh issue of equity shares totaling up to Rs 18.16 million and an offer-for-sale […]
Garment manufacturers in Rajasthan are urging the industries department to acknowledge their sector within the one-district-one-product (ODOP) category, seeking benefits similar to those provided in Uttar Pradesh and other states. Currently, the gem and jewellery sector has been included in the ODOP by the department, though the benefits are yet to be announced. The primary […]
Gold prices witnessed a steady outlook on Tuesday. The cost of 24-carat gold is Rs.6364.0 per gm. The cost of 22-carat gold is Rs.5835.0 per gm. The price change in 24-carat gold in the last week has been -0.96 per cent, whereas, in the previous month, it was -1.48 per cent. The cost of silver […]
Villoo Daji, Senior Vice President of Group Marketing at Baccarose Perfumes & Beauty Products, oversees the introduction of global brands to the Indian market. In an exclusive interaction with BW Businessworld, Daji shares insights into Shiseido’s franchise model, best-performing categories and strategies for sustainable growth in India. Could you share the factors that influenced the […]
With the ongoing wedding season at its peak, jewellery retailers have been witnessing strong demand, momentum and footfalls across their showrooms in India. And they are consistently focusing on capitalising on this demand. “We have expanded our market presence and customer share at a Pan-India level, garnering 35 per cent revenue growth in the first […]
BlissClub, a Bengaluru-based direct-to-consumer (D2C) activewear brand focused on women, witnessed a significant surge in its operating revenue, reaching Rs 68 crore for the financial year ending 31 March 2023. However, the company also experienced increased losses, amounting to Rs 36 crore, marking a fourfold rise compared to the same period in the previous year, […]
As per a recent note on the Indian jewellery retail industry, Icra has revised upwards its forecast of the year-on-year (YoY) domestic jewellery consumption growth (in value terms) for FY2024 to ten to 12 per cent from eight to ten per cent estimated earlier, primarily driven by the rise in gold prices. Jewellery consumption is […]
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 […]
Zara, the Spanish fashion retailer on Tuesday said that it is scaling to sell, repair pr donate second-hand clothes in some European countries from 12 December as the market for used clothes is growing. The ‘Pre-Owned’ service is currently accessible in the United Kingdom and France via Zara’s physical stores, its online platform, and a […]
The wedding season in India is not just a celebration of love and union; it is a spectacle of traditions, grandeur, and exquisite fashion. As the cultural tapestry unfolds, one aspect that takes centre stage is fashion jewellery. In recent times, the Indian fashion jewellery market has witnessed a significant surge, becoming an integral part […]
