Myntra and Flipkart, two of the most prominent counterparts of Flipkart Group companies has announced that they will shift towards sustainable sourcing of forest-derived products and pilot alternative next-generation solutions to transition away from forests for raw materials. They will take up this effort by partnering with not-for-profit environmental organisation Canopy to extend their sustainability […]

Online marketplace Snapdeal has announced that it is changing its business model to target the value-conscious end of the market. This development is in tow with the shelving a $950-million merger plan with rival Walmart-owned Flipkart in 2017 and consolidating its entire business, including laying off more than half its workforce and selling key assets […]

After witnessing a historic peak of 32 million sq ft in 2019, India is expected to reach 100 million sq ft in over three years, as per a report by property consultant CBRE South Asia report. “Over the past decade, India has consistently aimed at diversifying from a services-based economy to becoming an alternate manufacturing […]

Online shopping and omnichannel fulfillment, accelerated by the pandemic, are bringing the warehouse of the future much closer to the present, with five macro warehousing management systems (WMS) trends emerging, says market intelligence firm IDC in its insight report ‘The Warehouse of the Future Runs on Cloud’. “The future warehouse requires speed, agility, and flexibility; […]

Leading express distribution company Gati Ltd has announced that it is exiting Gati Kausar India Ltd, its cold chain solutions business. Gati will sell its approximately 70% per cent stake to existing minority shareholder Mandala Capital AG Limited, a leading private equity firm focused on investments across the food value chain. The company expects the […]

Bombay Shaving Company, a premium personal care brand for men & women, has appointed Gaurav Anand as Senior Vice President, Sales and Marketing. At Bombay Shaving Company, Gaurav will be responsible for driving business critical mandates across modern trade distribution, salon partnerships and new brand scale-up. He will also be taking on a people development role […]

As one of India’s fastest-growing startups, Shiprocket, a front-running tech-enabled logistics aggregation, and post-order fulfillment platform is strengthening its senior leadership team through a series of appointments. Very recently, the platform appointed Amit Dhawan as the Vice President for Customer Operations. Dhawan has moved to Shiprocket after a stint of nearly 7 years with DishTV […]

ILC Group, has announced the appointment of Nihit Kumar as the General Manager & Head – Marketing. Backed by a full-stack experience of over 15 years in brand strategy, events, promotions, product launch and digital amplification, Kumar’s role will be aimed at implementing a robust marketing strategy to establish a stronger connect with Indian consumers. […]

Vineet Jain is responsible for driving company’s mission and strategy. He is a seasoned and versatile management professional with 24+ years of diversified rich experience mainly in heading Hypermarket, Supermarket Operations and Fashion Business, last few of which he has spent in decision making roles for some of the biggest names in the country. Future […]

In an effort to strengthen its retail team, Supertech Ltd., one of India’s leading real estate companies appointed Ms. Asma Javed, a veteran in Retail, Mall Management, Amusement, Media and Entrepreneurship as AVP Leasing. She will be responsible for retail and commercial projects of Supertech Ltd. Javed came on board of Supertech after having worked with […]

Moët Hennessy India, a part of leading French conglomerate LVMH – Moët Hennessy Louis Vuitton, announced the appointment of Ipsita Das as Managing Director, India. Das is tasked with driving strategic initiatives to grow and strengthen the business of Moët Hennessy brands in the Indian market. Moët Hennessy’s portfolio includes prestigious wines and spirits brands […]

Ashwin Sheth Group has appointed Gurvineet Singh as Viviana Mall’s Chief Executive Officer (CEO). Singh is a dynamic professional from retail and shopping mall industry with over 14 years of experience. In his earlier capacity as a Chief Operating Officer for Viviana Mall, he oversaw retail leasing, commercial leasing and business development. He was also […]

Dubai-based retail group Lifestyle International has elevated Kabir Lumba to the chairman of its board of directors. Lumba is taking over from Ramanathan Hariharan, who will be retiring from his position in March 2021. Lumba will be assuming his new role on 1st of April 2021. Lumba had led the Lifestyle Home Centre businesses in India for over 14 years before taking […]

For the first time in European footwear major Bata’s 126-year history, an Indian will lead the firm. Sandeep Kataria, 49, who is currently Bata India’s CEO, has been elevated as Global CEO of the company. Kataria takes charge as with immediate effect as the current incumbent, Alexis Nasard, is stepping down after almost five years in the role […]

Sahil Malik, Managing Director of Da Milano, has elevated the brand from a family business perspective, to an international podium. Connoisseur of fashion luxury and traveling, he has complimented the balance between heritage collection and multiple launches within quarter season collections. While his education at NIFT has taught him the excellence of craftsmanship and its […]