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Fashion & Lifestyle Opinions

Wedding Season Lights Up Jewellery, Footwear Sales In India

As the wedding season rang in, Indian retail businesses witnessed an increase of 15 per cent in sales this November over the pre-pandemic sales level in the same month of 2019. However, pan-India retail sales increased by only 6 per cent as compared to the last year, according to the latest survey. As per the […]

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Interviews

Lavazza To Reenter India Via Franchise Route

Italian major Lavazza has joined hands with private equity company Everstone Capital to reenter India’s retail landscape. A franchise pact has been signed between Everstone and Lazazza to run the latter’s coffee outlets in India, according to a media report. According to the report, both the companies have signed a deal several weeks ago. As […]

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Rural Consumption Picks Up, Narrowing Gap With Urban Markets: FMCG Q4 Update
Opinions

FMCG: How Sustainability Will Drive Towards Better Environment

By Manish Aggarwal The FMCG market has always been closely connected to its consumers and their diverse choices; hence, a long-term shift in consumers’ habits and choices is bound to have a definite impact. For a while, new-age consumers have been facing extreme climatic conditions and changes, which have affected their purchasing habits and made […]

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News

Citi, Revlon Lenders Strike Deal Over $500 Mn Accidental Payment

Ending litigation of more than two years, Citigroup Inc has arrived at an agreement with all 10 Revlon Inc lenders that it has mistakenly paid about $500 million on a loan. As Revlon’s loan agent, Citigroup accidentally used its own money in August 2020 to prematurely pay off an $894 million loan owed by billionaire […]

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