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Lalit Agarwal

Retailers formatting their way to success

The concept of retail began with the evolution of human civilisation. It started with barter system and took the form of commodities being sold over the counter. However, over the last 100 years as modern retail came into being,...

V-Mart reports 27 percent growth in topline, reaches 200-store milestone

V-Mart Retail, India’s leading value fashion retailer,  announced its unaudited financial results for the quarter and nine months ended 31st Dec,2018 whichwere approved by the Company and Board of Directors at its meeting held on 5th Feb, 2019.The company...

Value fashion retailer V-Mart launches 200th store

V-Mart, the world's best performing department store chain in 2018 as per data compiled by Bloomberg, launched its 200th store in Mughalsarai, Uttar Pradesh. With this landmark achievement, the company has opened a total of 29 new stores in the...

V-Mart announces appointment of Govind Shrikhande as an Independent Director

V-Mart, the world's best performing department store chain, has announced the appointment of Govind Shrikhande as an Independent Director of the company, effective Nov 2, 2018.Shrikhande possesses rich cross-functional experience in the textiles, apparel and retail industry. In his...

V-Mart reports increase in revenue from operations to Rs 6,234 million

V-Mart Retail Ltd. has announced its unaudited financial results for the quarter and six months ended September 30, 2018 which were approved by the company's board of directors at its meeting held on November 02, 2018.During the first half...

V-Mart Retail evaluating Omnichannel strategy to expand biz, reach

Value fashion and lifestyle products retailer V-Mart Retail, which primarily operates in smaller towns, is evaluating a Omnichannel (offline and online retail) strategy to expand business and reach its customers.According to a PTI report: The company is also looking...

V-Mart Retail to continue growing at 25 pc CAGR; eyes warehouse expansion

Value fashion and lifestyle products retailer, V-Mart Retail, started its retail journey in 2003 with its maiden store in Law Garden, Ahmedabad and since then there has been no looking back. Today, the brand has 179 stores spread across...

V-Mart expands sales network; eyes 205 stores by end of this fiscal

Multi-brand value retailer V-Mart Retail is expanding its sales network and plans to have around 205 stores by the end of this fiscal by adding 35 stores, said a top company official.According to a PTI report: V-Mart Retail, as...

V-Mart reports increase in revenue from operations by 15 pc in Q1

V-Mart continued its growth journey in its first quarter after registering record profits for the year ended March 2018, on the back of continued fashion led expansion in aspiring Tier 2, Tier 3 and Tier 4 towns.V-Mart Retail Ltd....

V-Mart plans to invest Rs 300 crore to double store count; treble turnover in 5 years

Value fashion and lifestyle products retailer V-Mart Retail plans to invest Rs 300 crore to double store count and treble its turnover to Rs 3,500 crore in the next five years.According to a PTI report: V-Mart, which primarily operates...
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Mush to shift its 100% production to India by 2025: co-founders

The company scaled from five SKUs in a single category in 2018 to over 150 SKUs across more than...
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