Zen Diamond, a Turkish diamond jewellery business, has revealed its plans to open chain stores in major Indian cities such as Mumbai, Delhi and Bangalore, as well as build an online presence in the initial phase. Zen Diamond targets ambitious young and middle-aged consumers in India. The firm has stated that it intends to open […]
Max Fashion plans to build more than 50 stores this year, strengthening its position in the Indian fashion industry, according to Sumit Chandna, the company’s president and deputy CEO. With ambitions to expand, its overall shop count will reach 550 by the end of this year. On Monday, the firm said that it had opened […]
WoodenStreet, a furniture brand, has launched of its seventh physical store in Creaticity Mall in Pune. The new launch spans across an area of 5000 sq. ft. The company aims to get closer to its customers and strengthen its foothold in Pune. With its new store, WoodenStreet plans to showcase a wide range of furniture […]
Berger Paints on Tuesday reported a 49 per cent year-on-year (YoY) rose in its consolidated net profit to Rs 300.16 crore for the third quarter of the current financial year. Revenue from operations also climbed by 7 per cent to Rs 2,881.83 crore during the October-December period, the company said in a regulatory filing. Earnings […]
Raymond reported a third-quarter profit rise on Thursday, as strong demand for its high-margin branded clothes and real estate offers outpaced cost increases. The company’s consolidated profit after tax nearly quadrupled to 1.84 billion rupees (USD 22 million) in the three months ended 31 December, according to an exchange filing. Following the results, the company’s shares rose 1 per cent. […]
JSW Paints, an unlisted subsidiary of diversified conglomerate JSW Group, said on Tuesday that its revenues reached Rs 1,500 crore in the first nine months of FY24 and that it expects to become profitable in the current fiscal year. According to an official release, the business expects to complete FY24 with a topline of more […]
Supam Maheshwari, CEO, and Co-founder of the mother and child care ecommerce platform FirstCry, purportedly sold 6.2 million shares before the company’s upcoming initial public offering (IPO). Media sources estimate the value of the shares he sold to be more than Rs 300 crore. Maheshwari, named as a selling shareholder in the draft red-herring prospectus […]
SUGAR Cosmetics, an omnichannel beauty brand opened its 200th exclusive brand-owned store within a year of its 100th store launch. Situated in a total retail space of 450+ sq. ft. at Mantri Square Mall, SUGAR’s 200th store creates a vibrant and immersive shopping experience for make-up enthusiasts, that houses trending picks across categories such as […]
