V2 Retail Q3 Revenue Jumps 57% On Store Expansion
V2 Retail posted a 57 per cent year-on-year rise in standalone revenue to Rs 927 crore in the December quarter, driven by store additions in tier 2 and 3 cities
V2 Retail posted a 57 per cent year-on-year rise in standalone revenue to Rs 927 crore in the December quarter, driven by store additions in tier 2 and 3 cities
The brand has unveiled its latest flagship store at Sarath City Capital Mall, Hyderabad
The brand states that by turning premium coffee into an everyday experience, it is aiming to bridge the gap between quality and accessibility
The company’s offline footprint now spans 200 cities across 24 states, with plans to reach 500 stores by Diwali and 1,000 stores by the end of the year
By the end of the current fiscal year, Mars plans to expand its presence to 40 Shoppers Stop stores nationwide, offering a wide range of beauty products to customers across India
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 […]
Titan, a fashion accessories company owned by Tata Group, reported a 17 per cent year-on-year growth in the fourth quarter (Q4 FY24), according to a preliminary business update released on 5 April. The company disclosed in an exchange filing that it added over 86 new stores during Q4, increasing its retail network presence to 3,035 […]
Metro Brands which sells shoes from brands including Fila, Crocs and Mochi, reported its fourth straight drop in quarterly profit on Thursday, hurt by high inventory costs amid slowing sales growth. The company’s net profit fell 12.6 per cent to Rs 97.81 crore in the October-December quarter, missing analysts’ estimate of Rs 122 crore, as […]
Tata Starbucks has reported a net loss of Rs 24.97 crore from its operations in India for the fiscal year that ended on 31 March 2023, according to the business intelligence platform Tofler. However, its revenue from operations was Rs 1,086.89 crore for the same time, up 70% due to the inclusion of additional cafes […]
As per a recent note on the Indian jewellery retail industry, Icra has revised upwards its forecast of the year-on-year (YoY) domestic jewellery consumption growth (in value terms) for FY2024 to ten to 12 per cent from eight to ten per cent estimated earlier, primarily driven by the rise in gold prices. Jewellery consumption is […]