Fashion-tech brand aims for rapid fashion delivery, with plans to expand to Mumbai, Bangalore and Hyderabad Fashion-tech brand Newme has rolled out 90-minute delivery for its fashion items, catering to Gen Z women in select areas of Delhi-NCR. Founder and CEO Sumit Jasoria highlighted the brand’s achievement, stating in a release, “Two years ago, the […]
Victoria’s Secret debuted in the Indian market through an ecommerce platform, introducing an array of beauty, fragrance and accessories lines. Following this online venture, the brand unveiled its inaugural brick-and-mortar store in Mumbai in 2022, exclusively featuring its renowned lingerie collection. Fast forward to 2024, Victoria’s Secret opened a new outlet at Gurugram’s Ambience Mall. […]
Swedish furniture company IKEA said on Thursday that it will close its shop in Mumbai’s R City Mall by the middle of the year owing to layout, design and location limitations. The 70,000-square-foot store, which debuted in June 2022, provides a limited variety of IKEA products, according to the release. “IKEA has taken a strategic business […]
Luxury segment housing in India recorded a 75 per cent year-on-year (YoY) growth in sales in 2023, according to a report by real estate consulting firm CBRE South Asia. According to its report ‘India Market Monitor Q4 2023’, a 45 per cent YoY increase in unit launches was recorded in 2023. The percentage share of […]
Domino’s Pizza, which is run in India by Jubilant FoodWorks Ltd (JFL), has joined the Open Network for Digital Commerce (ONDC) network, the food services firm said on Tuesday. Domino’s catalogues will now be visible on numerous applications throughout the network, allowing for smooth purchases, the company said. Customers in the Delhi NCR may already […]
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 […]
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, […]
Mother Dairy, one of the leading suppliers of milk and milk products on Tuesday said that it will introduce a buffalo milk variety in the Delhi-NCR market, with plans to make this new category a Rs 500 crore brand by March next year, new agency PTI reported. Mother Dairy supplies 35-36 lakh litres of milk […]
The rating agency Icra expects the rental income for mall operators to increase by nine to ten per cent year-on-year (YoY) growth in FY2024 and eight to nine per cent in FY2025, driven by healthy occupancy levels, estimated growth in trading values and rental escalations. In H1 FY2024, the rental income for Icra’s sample set1 […]
As the festive cheer of Diwali fades away, a concerning reality looms over Delhi — the national capital witnessed a significant breach of the fireworks ban, resulting in a thick layer of smog engulfing the city the very next day. Despite the ‘Diya Jalao, Patakhe nahi’ campaign by Delhi government and Supreme Court order restricting […]
