ABLBL Q3 Profit Climbs 15%, Sales Up
Aditya Birla Lifestyle Brands reported a 15 per cent year-on-year rise in Q3 profit to Rs 69 crore, with revenue up 9.6 per cent and margins improving across lifestyle and emerging brand segments.
Aditya Birla Lifestyle Brands reported a 15 per cent year-on-year rise in Q3 profit to Rs 69 crore, with revenue up 9.6 per cent and margins improving across lifestyle and emerging brand segments.
From GST rationalisation and disposable income support to manufacturing incentives, omnichannel infrastructure and export enablement, India’s retail leaders see Union Budget 2026–27 as a decisive moment to convert consumption momentum into durable, broad-based growth As India heads into Union Budget 2026–27, the retail sector—one of the country’s largest employers and most visible economic bellwethers—is […]
Shoppers Stop reports a sharp fall in Q3 profit as margins shrink, even as revenue inches up and premium and beauty segments post growth.
Juicy Couture has opened a new exclusive brand outlet in Mumbai’s Skycity Mall as part of its expansion strategy in India, strengthening its direct-to-consumer presence in a key metropolitan market.
Myntra’s M-Now service completed its first year, generating 10 per cent of orders in active markets, drawing 35 million visitors and expanding to 80+ dark stores.
Trent reports 11.3 per cent rise in Q2 profit and 15.9 per cent revenue growth, with over 1,000 stores and steady performance across formats.
Rareism, a women’s fashion brand, has set its sights on a substantial expansion across India, aiming to open 100 stores within the next two years, according to a recent media release. Having achieved a milestone of 30 stores, including the recent launch of its third store in Hyderabad, the brand is making significant strides towards […]
In a significant move to fortify its international fashion presence, Myntra, India’s leading fashion ecommerce platform, has intensified its collaboration with NEXT, the UK’s largest fashion retailer. Under this partnership, Myntra Jabong, Myntra’s B2B wholesale entity, has secured the distribution and management rights for NEXT’s extensive range of products in India, marking a crucial step […]
H&M’s CEO resigned unexpectedly on Wednesday and business veteran Daniel Erver took over with immediate effect, as the Swedish apparel brand battles to increase sales and profitability. Shares in the Swedish fashion store fell 8 per cent after outgoing CEO Helena Helmersson announced her decision to quit the firm after four years in charge, describing the post […]
The profit margins of fashion retailers are likely to contract by around 120 bps in FY2024 due to higher discounts and ad spends, despite an estimated 13 per cent revenue growth, the rating agency Icra has said. According to Icra’s recent industry analysis, the operating profit margins of 11 listed retail entities in its sample set, […]