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Phoenix Mills opens Central India’s largest shopping mall in Indore

Phoenix Citadel houses 300 shops that are expected to transact business worth Rs 1,000 crore by next yearIndore: Mall developer and operator Phoenix Mills Ltd., opened Phoenix Citadel, a 10 lakh square feet mall at Indore in Madhya Pradesh...

Myntra brings UK-based Boohoo Group to India

Myntra will offer boohoo, Dorothy Perkins (DP) and Nasty Gal by the UK-based group Boohoo in India under a dedicated Online Brand Store (OBS) on the platformBengaluru: Fashion marketplace Myntra is bringing UK-based iconic fashion house, Boohoo Group to...

Reliance in talks to open Balenciaga store in New Delhi

In August, Reliance Brands, the high-end fashion and lifestyle retailing unit of Reliance Retail, announced it has signed a long-term franchisee agreement to sell Balenciaga products in IndiaNew Delhi: Reliance Brands is in talks with DLF Malls to get...

Retail brands partner with TeamLease Degree Apprenticeship up-skill workforce

TeamLease Degree Apprenticeship will train 6,500 apprentices at Infiniti Retail Limited (Croma), Metro Brands, Ferns & Petals and Pepe Jeans India on both domain competencies and behavioural skill setsNew Delhi: TeamLease Degree Apprenticeship, formerly known as NETAP, has announced its...

Canada’s pension fund CPPIB buys shares of Nykaa worth Rs 299 crore

CPPIB purchased a total of 1,70,81,850 Nykaa shares at an average price of Rs 175.25 apiece, taking the aggregate value to Rs 299.35 croreNew Delhi: The Canada Pension Plan Investment Board (CPPIB) on Thursday bought over 1.70 crore shares of Nykaa’s parent...

Delhi NCR’s first Hamleys Play opens at WorldMark Gurugram

The new store will be a sensorial play theme destination with 20+ unique attractions for kids Gurugram: Hamleys, the British multinational toy retailer, announced the launch of its highly anticipated Hampleys Play at Worldmark, Gurugram (sector 65). The 5000 sq....

As India’s beauty market heats up, L’Oreal global CEO, top teams of Estée Lauder, Coty, Nars come calling

The global beauty honchos are visiting to study India’s beauty and cosmetics market that is expected to swell to a Rs 2-trillion opportunity by 2025. MNCs are looking at India as a future growth engineNew Delhi: As India’s beauty...

IKEA India’s revenue for FY22 jumps 73% even as losses widen 12% to Rs 900 crore

IKEA is in an investment phase in India and parent Ingka Group had in September infused Rs 600 cr into the India subsidiary  New Delhi: IKEA India Pvt Ltd reported its net loss widened 12% to Rs 901 crore...

Shoppers Stop to open up to 15 department stores, 15-20 beauty outlets each year

Venu Nair, MD and chief executive officer, Shoppers Stop talks about the company's expansion plansNew Delhi: Shoppers Stop plans to open about 15 of its department stores each year in the coming years in addition to the aggressive expansions...

CBRE Report identifies 10 key emerging Tier-II cities with growth potential

The report identifies 10 non-metro cities as the new growth vectors in India in the coming years based on their real estate landscape, work environment, quality of life and sustainability. New Delhi: Tier-II cities will continue to play a vital...

US denim brand Lee opens outlets in Sikar, Patna, Dhanbad as part of Tier-2, 3 expansion

So far Ace Turtle has opened 80 Lee and Wrangler franchisee-stores across tier-1, 2 and 3 cities.New Delhi: US denimwear Lee has rolled out three stores in Rajasthan, Bihar and Jharkhand, as part of the American denim brand’s expansion...

Lulu Group to invest Rs 3,000 crore to setup shopping mall in Ahmedabad

This is the Group's third mall in the country after Kochi (Kerala) and Lucknow (Uttar Pradesh). New Delhi: Lulu Group International has announced that the company is foraying into the Gujarat market by investing Rs 3,000 crore to set up...

Vikas Purohit, CEO of Tata Cliq, quits

Purohit first broke the news of his departure to his team of top Tata Cliq officials at a lunch on Monday in a fancy Mumbai restaurant. New Delhi: Vikas Purohit, chief executive of Tata Cliq, has put in his papers...

DLF Malls hires Rehan Huck as head of leasing

This is a home-coming for Huck after three and half years when he had quit DLF Malls to join ILC Group of Companies, that is currently developing two retail projects in Gurugram.  New Delhi: DLF Malls has hired Rehan Huck...

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Travel brands Icon secures seed funding

The funding was led by DSG Consumer Partners with participation by a host of angel investors New Delhi: D2C luggage...
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