Abhay Batra, the Co-founder and CFO of Clovia, has recently earned a well-deserved spot on the prestigious ‘BW Retail World 40 under 40’ list for his exceptional contributions to the industry. Born and raised in Delhi, Abhay hails from a family of Chartered Accountants. Despite being offered the opportunity to join his father’s established 40-year-old […]
Van Heusen Innerwear, a brand owned by Aditya Birla Fashion and Retail Ltd., has recently opened a new women’s exclusive intimates store in Jayanagar, Bangalore. The store offers an extensive collection of Lingerie, Active, Athleisure and Lounge wear at affordable prices, catering to the day-to-day needs of contemporary women. The store promises a shopping extravaganza […]
Campus Activewear, one of India’s largest sports and athleisure footwear brand announces a major milestone in its journey towards expansion and growth by achieving the landmark of 200th stores across India. To celebrate this achievement, the company opened its first exclusive outlet in Kochi at Lulu Mall as a testament to its commitment to providing […]
Scotch & Soda, a fashion retailer, has been saved from bankruptcy by Bluestar Alliance, a brand management company based in the United States. While not all employees could be retained, the deal is a positive development for a significant number of Scotch & Soda employees. Prior to filing for bankruptcy for its Dutch operations, the […]
The fashion house, Eli Bitton, originally from Israel, opened its first flagship store in West Patel Nagar, New Delhi, India. The launch was attended by numerous social media influencers and Delhi socialites. Eli Bitton has been operating in Israel for over thirty years, and now seeks to expand its presence in India by providing unique […]
Continuing its business expansion, Reliance Retail on Tuesday launched the fifth store of its premium fashion and lifestyle brand ‘AZORTE’ at Airia Mall, Sector 68, Gurugram. Spread across 22,000 square feet of retail space, Reliance Retail said this store would strengthen its commitment to a multi-format approach to cater to all consumer segments and disrupt […]
Indian retail entities are all set to see an exuberant year-on-year (YoY) increase in sales of 45 per cent in financial year (FY) 2023 and their operating profit margins (OPMs) are expected to remain range-bound at 7-7.3 per cent, said rating agency ICRA. The rating agency’s recent analysis of the industry stated that this is […]
With only a few days left for Ramzan, the Pakistan government has raised the price of petrol to Pakistani Rupee (PKR) 272 per litre, adding pressure on the inflation-weary people, Geo News reported. The Finance Division, in its fortnight bulletin, attributed the price hike to the depreciation of the Pakistani rupee against the US dollar […]
The country’s fragrance and flavour industry is expected to grow by 12 per cent per year and reach USD 5.2 billion in three to four years, according to an industry apex body. Rising disposable incomes and changing consumer preferences, according to Fragrances and Flavours Association of India (FAFAI) president Risabh Kothari, will drive this growth. […]
Labdhi Lifestyle, a premium developer from Mumbai has acquired Rajesh Lifespaces’ stressed project at Bandra Kurla Complex (BKC) through an agreement between both the developers and the project’s financiers Mirae Asset and JM Financial. Labdhi Lifestyle will be investing over Rs. 200 crore to develop a mixed-use project, including repayment of debt raised from both […]
