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 […]
Future Group’s Kishore Biyani has reportedly resolved debts worth Rs 571 crore with Bansi Mall Management Company creditors, settling 83 per cent of the total dues through a one-time payment of Rs 476 crore. According to media reports, the settlement, involving the iconic Sobo Central Mall in Mumbai’s Haji Ali, was facilitated by real estate […]
Swiggy, India’s leading on-demand convenience platform, has unveiled its Ramzan order analysis, revealing the nation’s continued love affair with Biryani during the holy month. Close to 6 million plates of Biryani were ordered during this period, marking a 15 per cent increase compared to regular months. Hyderabad stood out by ordering over a million plates […]
Gokyo, an outdoor clothing and gear label, has recently expanded its presence in the Mumbai region with the opening of new Shop-in-Shop (SIS) outlets in Total Sports & Fitness stores at KORUM Mall in Thane and Dadar TT Circle. As part of the expansion, Gokyo has entered a strategic partnership with Total Sports and Fitness […]
IGP, an International Gifts Platform has opened its first-ever retail store in Bandra West, Mumbai. It plans to open two additional stores in Breach Candy and Vashi, Navi Mumbai, within the next month. “With a large delivery network consisting of 3 mother warehouses, and over 50+ dark stores, our brand is passionately committed to delivering […]
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 […]
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 […]
Samsung said on Thursday a partnership with quick-commerce platform Blinkit to bring its recently introduced Galaxy S24 series to India. Customers in Delhi-NCR, Bengaluru and Mumbai may order Galaxy S24 Ultra, Galaxy S24+, and Galaxy S24 smartphones through Blinkit, and they will be delivered in less than 10 minutes, according to the official announcement. Along […]
Real estate consulting firm CBRE South Asia has released its ‘India Market Monitor Q4 2023’ report. The retail sector in India experienced a record-breaking leasing activity in 2023, reaching 7.1 million sq. ft. across eight cities, marking a 47 per cent YoY increase. This surge indicates growing interest from retailers in establishing new setups, expanding, […]
