Ample Group Marks Lego Group’s Chennai Entry With New Store
Spread across around 2,800 square feet of retail space on the ground floor, the new store is designed as a vibrant hub of creativity and play featuring immersive play zones,
Companies
Stores
Brands
Companies
Consumer
Fashion & Lifestyle
Stores
Being Human Clothing Opens Its Doors In Chennai With Inauguration By Prabhu Deva
- by BW Retail World Bureau
- November 23, 2024
The new store showcases the brand’s latest AW ‘24 Collection, blending contemporary fashion with the brand’s philosophy of giving back to society
Beauty
Brands
Companies
News
Retail
Recode Studios Expands To Tier II & III Cities With New Stores In Indore & Ahmedabad
- by BW Retail World Bureau
- March 12, 2024
Recode Studios, a renowned cosmetic brand proudly announced the successful opening of two new stores in Indore and Ahmedabad last week, marking a significant step in its expansion strategy. These remarkable openings follow the brand’s successful establishment in tier I cities and have plans to expand further with upcoming store launches in Lucknow, Pondicherry, Chennai, […]
National
News
States
Gold Prices See Minor Correction, Silver Prices Surge In Early Friday Trading
- by BW Retail World Bureau
- January 27, 2024
The price of 24-carat gold witnessed a marginal decline, dropping by Rs 50 in the early hours of Friday’s trading session. According to the latest data from the Good Returns website, 10 grams of the precious metal are now priced at Rs 62,950. Conversely, the silver market saw a notable increase, with the price rising […]
Feature
Government
National
News
Govt Targets Tax Evasion Amid ‘Gold Findings’ Influx
- by Palak Shah
- January 24, 2024
In a bid to curb tax advantages exploited by jewellers, the government considers raising taxes on imported ‘Gold Findings’ used as connectors, following revelations of surging imports The government has moved to hike taxes on the imports of ‘gold findings’ after a report in BW Businessworld on 31 December 2023 revealed that its imports had […]
Brands
Companies
FMCG
Food
National
News
Korean Noodle Wave Hits India, FMCGs Adapt To Spicy New Trend
- by BW Retail World Bureau
- January 24, 2024
Spicy ramen from South Korea is rapidly gaining popularity in India, surpassing the appeal of instant noodles. Following the success of South Korean dramas, beauty products, cars and electronics in the Indian market, Korean noodles have become the latest trend, evolving from a pandemic-induced fad into a lasting phenomenon. Recognising this shift, Indian fast-moving consumer […]
Logistics
National
News
India’s Industrial, Logistics Space Demand Surges, 38.8 Mn Sq Ft Leased In 2023
- by BW Retail World Bureau
- January 23, 2024
Demand for industrial and logistics spaces reached an all-time high in eight major cities last year, with leasing activity increasing by 8 per cent yearly, according to CBRE. According to CBRE’s most recent study, leasing of industrial and logistics spaces increased to 38.8 million square feet in 2023 from 36 million square feet the previous year, […]
Food
National
News
States
High Quality Exotic Fruits Import Expected To Enter Indian Market In 2024
- by BW Retail World Bureau
- January 11, 2024
Medavakkam, followed by Madipakkam, is the healthiest locale with the largest number of orders for fresh fruits and vegetables, the Madras Mandi, a fresh produce brand, has revealed in its report spotlighting fruits and vegetables that were popular amongst Chennai people throughout 2023. The city also loved lemons as Madras Mandi sold 1 lakh pieces. […]
Brands
Companies
Finance
News
Hyundai Reports Highest Domestic Sales In 2023
- by BW Retail World Bureau
- January 2, 2024
Hyundai Motor India achieved the highest-ever domestic sales in the calendar year 2023, surpassing the six lakh sales milestone. The automaker recorded sales of 6,02,111 units, registering a 9 per cent increase over the previous year’s 5,52,511 units. Additionally, Hyundai Motor India elevated its export performance by 10 per cent, shipping 1,63,675 units in 2023 […]
Brands
Companies
Finance
News
States
Tamil Nadu GST Authority Imposes Rs 13.83 Cr Tax Demand On Asian Paints
- by BW Retail World Bureau
- January 1, 2024
Asian Paints revealed a tax demand of Rs 13.83 crore, accompanied by a penalty of Rs 1.38 crore, from the Deputy Commissioner of State Tax, Chennai, Tamil Nadu. Under the Central Goods and Services Tax Act, 2017, and corresponding regulations, the demand pertains to the additional tax on outward supplies and disallowance of Input Tax […]