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CEO Special: V-Bazaar to open 7 more new stores in this financial year – CMD, Hemant Agarwal

The pandemic has been a once-in-a-lifetime test of business continuity planning for retail businesses across the globe. Even when things have stabilised to an extent and economies are gradually opening up, the industry is being confronted by a hard...

5 key factors to win in the Indian Luxury Market in 2021 & beyond

India is one of the fastest developing economies across the globe. As per the latest report by IMF, India is the only major economy of the world predicted to have a double-digit growth in 2021. Further, CEBR forecasts India...

Zomato to bolster finances to remain competitive in online food delivery market: GlobalData

Following the news that Indian food delivery startup Zomato has raised US$250m in a fresh funding round; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view:"After the latest funding round, Zomato has emerged...

Phoenix Mills acquires 7.48 acres prime land in Kolkata for Rs 300 cr through subsidiary

Mindstone Mall Developers Pvt. Ltd., wholly owned subsidiary of The Phoenix Mills Limited (PML), has announced acquisition of approximately 7.48 acres of prime land in Alipore, Kolkata for a total consideration of Rs. 3,000 million. The land parcel is strategically...

For retail resurgence, brands & retailers must focus on fundamentals today, disruption tomorrow: BCG Report

Retailers Association of India (RAI) is organizing its flagship event, The Retail Leadership Summit, with Boston Consulting Group (BCG) as their lead knowledge partner. At the backdrop of the event, RAI-BCG unveiled a report titled 'Retail Resurgence in India:...

CEO Special: Easybuy to strengthen digital presence, omni-journey & reach 100 stores in FY21 – Anand Aiyer

It is said that leadership is an influence. One doesn’t lead by pointing at a place and asking people to go there. One leads by going to that place and making a case. Similarly, leaders from different brands had...

Everstone Capital sells Modern Foods to Mexico’s largest bakery firm: Report

Home grown private equity fund Everstone Capital has sold its iconic bread brand Modern Foods to Mexico’s largest food and bakery company, Grupo Bimbo, according to a report by the Economic Times.Everstone's bread and bakery platform Everfoods Asia, predominantly consists of Modern Bread brand that Everstone had acquired...

100% electric mobility by 2030: Flipkart drives towards sustainability with EV100

Flipkart plans to have a fleet of more than 25,000 electric vehicles (EVs) by 2030 in line with its aim to transition its entire logistics fleet across cities to green energy vehicles, the company said on Wednesday.The company said...

ABFRL picks up 33.5% stake in Tarun Tahiliani brand to enter men’s premium ethnicwear segment

India's leading fashion company, Aditya Birla Fashion and Retail Limited has announced a strategic partnership with India's ace designer Ta run Tahiliani to form a new entity that will soon launch a contemporary men's ethnic wear brand. The new...

CEO Special: The 3 stages that defined Metro Brands’ revival post COVID

The pandemic has been a once-in-a-lifetime test of business continuity planning for retail businesses across the globe. Even when things have stabilized to an extent and economies are gradually opening up, the industry is being confronted by a hard...

The keys to post-COVID beauty segment growth: Kantar Report

COVID-19 has transformed the beauty industry, particularly in Asia. Holistic care, ecommerce and good value are key for brands to grow post-pandemic, according to a report by Charles Chow, Head of Marketing, Asia.The personal care sector in Asia has rebounded relatively...

CAIT alleges violation of e-commerce rules by e-commerce firms

Ahead of its 'Bharat Bandh' call on February 26, traders' body CAIT wrote to Prime Minister Narendra Modi raising issues related to the GST regime, and alleging violation of e-commerce rules by major e-tailers. In its letter to the prime minister, the...

Marico sets revenue target of Rs 500 cr from immunity and healthy foods

FMCG company Marico expects to deliver "mid-teen growth" in volume terms in the next couple of quarters helped by "strong revival" in consumer demand as well as sentiments, and to continue "good growth" from the rural markets, said a top company official....

H&M announces Yanira Ramirez as new Country Sales Manager for India as Janne Einola quits

Hennes & Mauritz has announced Yanira Ramirez as the new country sales manager, four months after its India head Janne Einola quit the company."Yanira Ramirez takes over as H&M India’s new country sales manager and will be based out of H&M India’s...

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Eyewear brand Sam & Marshall India sees 350% annual growth in client base

The monthly reach of the brand is roughly four million people and its website users are over 100,000 every...
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