The shares of V-Mart Retail reported an increase of 6 per cent due to speculation of a bulk deal. The company’s share price was at Rs 2,100. According to reports, approximately 5.8 lakh shares, equivalent to around 3 per cent of the company’s equity and valued at Rs 116 crore, were traded at Rs 1,990 […]
Winni Cakes & More, a bakery retail company has reported a 74 per cent year-on-year (YoY) growth in gross merchandise value (GMV) for the fiscal year 2022-23. The company achieved this growth by opening 125 new stores in tier-2 and tier-3 cities within a year, increasing its GMV from Rs 192 crore in FY 2021-22 […]
Lee and Wrangler, both American denim and casual lifestyle apparel brand, has seen over 130 per cent year-on-year (YoY) growth for the financial year (FY) 2023 in India, said Nitin Chhabra, Chief Executive Officer (CEO) of ace turtle in an exclusive interview with BW Retail World. ace turtle, India’s tech-native retail company and is vertically […]
Vijay Sales, a consumer electronics retailer’s a major growth driver is the kitchen segment, following the wearables segments which include smartwatches, fitness trackers and other wearable devices. The Indian wearables market reported 80.9 per cent year-on-year (YoY) growth in first quarter of the year 2023. While talking about the growing wearable market in India, Nilesh […]
UBON, a consumer electronics brand in India has got its roots in the Tier 2, Tier 3 and Tier 4 markets, says its Co-founder & MD, Mandeep Arora in an exclusive interview with BW Retail World. “We have found our niche in go-to-market (GTM), specifically in tier 2, tier 3 and tier 4 segments, we […]
Bikano has launched a range of frozen products in the international market, aiming for a 40 per cent YoY growth from the export market. With this move, Bikano seeks to tap opportunities in the international market and has high hopes of touching 200 crores in terms of sales in FY23-24. “The demand for Bikano products […]
Parle, a well-known biscuit manufacturer, has described its ambitious plans for the upcoming months, concentrating on both consolidation and expansion in an exclusive conversation with BW Retail World. The company aims to strengthen its position in the atta (wheat flour) and cereal categories while utilising its recent successful launches. With its expansion into atta and […]
India’s overall exports in the just concluded financial year 2022-2023 were worth USD 775.87 billion, a growth of over 14 per cent and almost USD 100 billion more than last year’s figures, official data released by commerce ministry showed on Monday. In 2021-22, the overall exports were at USD 676.53 billion. In 2022-23, India’s merchandise […]
Retail leasing in India has been on the rise as a result of the rising demand for retail space. Retail leasing increased 21 per cent over the previous year to 4.7 million square feet in 2022, according to the most recent research from real estate consultant CBRE. According to the survey, the F&B industry, hypermarkets, […]
A year after signing Comprehensive Economic Partnership Agreement (CEPA) with United Arab Emirates (UAE), India is likely to touch an all-time high in exports this year, Dr Srikar K Reddy, Joint Secretary, Ministry of Commerce said on Thursday. Reddy said that the historical India-UAE CEPA is yielding results. “India-UAE CEPA has seen a significant positive […]
