The Competition Commission of India (CCI) has approved the acquisition of TCNS Clothing Co. Limited by Aditya Birla Fashion and Retail Limited. The proposed combination involves the acquisition of 51 per cent of the “expanded share capital”. The acquirer Aditya Birla Fashion and Retail Limited is a listed company and is part of the Aditya […]
Recode Studios, the leading destination for cosmetics, lifestyle brands, and authentic beauty products, announced the opening of five new stores by 20 July. With two stores in East Delhi, and new locations in Nagpur, Bilaspur Chhattisgarh, and Gurugram. Speaking about the expansion, Bansal shared, “Our mission has always been to provide a diverse range of […]
A recent industry analysis conducted by ICRA foresees that fashion retailers will see a moderation in revenue growth and a decline in operating profit margins (OPMs) in the current fiscal year (FY2024). The report, based on the analysis of 11 listed retail entities, suggests that revenue growth is expected to moderate to 10 per cent, […]
AJIO on Monday informed its flagship sale event ‘Big Bold Sale’ (BBS) 2023 was its biggest-ever edition so far. An integral part of Reliance Retail, AJIO is an online fashion retailer. From waiting eagerly for the sale to kick off at midnight to grabbing steal deals across their favourite products, customers loved the collection and […]
In an exclusive chat with BW Retail World, Ambuj Narayan, CEO, Taneira The Titan Company spoke about the company’s plans to expand and conquer the hearts of the young handloom loving Indians One of the youngest brands from the Tata Group, Taneira is an ethnic wear brand from Titan Company. Launched in 2017, Taneira […]
The Bear House, a D2C menswear brand, has managed to disrupt this market by bringing European fashion to India at affordable price points, according to a press release. The Bear House clocked a gross revenue of Rs 91 crore in financial year (FY)23 from Rs 26 crore in FY22 and Rs. 10 crore in FY […]
Kalyan Jewellers opened a new store in Lucknow, the brand has now stores in 4 locations of the city. The new store was inaugurated by Bollywood actor, Ajay Devgn According to the company, these stores will offer a luxurious shopping experience to customers, with a wide array of jewellery designs. The company has been consistently […]
GKB Opticals, a national optical retail chain recently associated with “Carrera Prowl” and launched their latest array of products at Ambience Mall, Gurgaon, in the presence of Tiger Shroff. “Carrera Prowl” is a collaboration between the lifestyle and sports eyewear brand, Carrera and Bollywood Actor Tiger Shroff’s lifestyle brand, Prowl. The latest array of products […]
Philips has launched its latest innovation, the men’s Air Styler BHA301/10. This hairstyling device is designed for men featuring care setting, flexible cool and heat settings making it effortless for the Do-It-Yourself generation to achieve a salon-like results from the comfort of their own home, the company said in an official statement “With the new […]
Arvind Fashions registered a 32 per cent rise in consolidated net profits of Rs 29.5 crore in the January-March quarter. In the same quarter previous year, it was Rs 22.38 crore. The textile player which houses brands like US Polo and Calvin Klein in India saw its revenue from operations jumped 24 per cent to […]
