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Pacific to open premium outlet centre in Jasola

The centre will be home to discounting stores of bridge-to-luxury labels including GAS, Diesel, Superdry, Ted Baker, Brooks Brothers, Quicksilver, Roxy, Kenneth Cole, Paul, Tommy Hilfiger and Calvin Klein New Delhi: Pacific Group is readying to open doors to its first...

Brands lure consumers with advance EOSS and greater discounts to liquidate inventories

Is the early onset of End of Season Sales, steep discounts and year-long sales spelling the end of specific defined sales seasons? New Delhi: The pile-up of unsold inventories in warehouses and low business sentiment in stores have not only...

The Whole Truth raises $15 million in Series B funding

Led by Sequoia Capital India the round also saw participation from existing investors, including Matrix Partners India, Sauce.Vc. Angel, Nitin Kamath from Zerodha, Sriharsha Majety from Swiggy and Jaydeep Burman from Rebel FoodsNew Delhi: Food brand, The Whole Truth...

Amazon to lay off around 1,000 employees in India

According to Amazon CEO Andy Jassy's blog post, the company has decided to eliminate 18,000 roles across the globe and it will impact about 1,000 employees in IndiaNew Delhi: E-commerce company Amazon plans to lay off around 1,000 employees in...

Govt yet to issue quality certificate to 160 Chinese companies for selling toys in India

BIS quality certification is issued after an inspection of the factories. Due to the pandemic restrictions and health concerns, the BIS officials could not visit China, says BIS Director GeneralNew Delhi: The government on Friday said it has not yet...

ABFRL proposes to raise Rs 500 crore through NCDs

Aditya Birla Fashion and Retail Ltd (ABFRL) raised funds by issuing 5,000 listed, unsecured, rated, redeemable non-convertible debentures (NCDs) of a face value of Rs 10 lakh eachNew Delhi: Aditya Birla Fashion and Retail Ltd (ABFRL) plans to raise Rs...

Hidesign: Handcrafted Success

Pondicherry-based international leather goods brand Hidesign makes hand-crafted products even today with the belief that human hands have soul. Edited excerpts with an email exclusive with founder Dilip Kapur…At Pondicherry-based Hidesign’s atelier, craftswomen work in groups to construct a...

Malls benefit from early ‘end of season’ sales

Shopping centres experienced high footfalls and crowds even during weekdays in the last few days of December with brands announcing their End of Season Sales New Delhi: As 2022 drew to a close, many brands added to the consumers’ festive cheer...

Alia Bhatt’s Ed-a-Mamma: Story telling and Sustainability at its core

How Alia Bhatt’s kids wear brand Ed-a-Mamma is using content to steer the future generations towards sustainability. Excerpts from an email interview with business head Iffat Haider Jivan…By N Bobo MeiteiNew Delhi: Ed-a-Mamma is a sustainable kids wear brand...

Bharat ruled retail real estate in 2022

The tier 3 cities which are stealing the limelight are Baroda, Badaun, Indore, Nagpur, Udaipur and Ghaziabad New Delhi: Tier 2 cities continued to play a vital role in adding to the growth of India’s retail real estate infrastructure in...

Bigbasket, Flipkart and Urban Company have fair working conditions for gig workers, finds study

Bigbasket, Flipkart and Urban company got high ratings in four out of five criteria that contribute to a conducive work environment for gig workers as per a Fairwork reportBengaluru: Bigbasket, Flipkart and Urban Company meet most of the key...

Lotto opens outlet in Mansa, Punjab

Italian brand, Lotto has its physical retail footprint in seventeen states across IndiaNew Delhi: Italian sports equipment manufacturer, Lotto opens its latest store in Mansa, Punjab. This is the brand’s 35th store opening of the year through Sports Station...

Ultrafresh opened its fifth One-Stop-Shop studio in Bihar

The new studio at Katihar in Bihar is part of Ultrafresh’s plans to double its retail footprint in the state by the end of financial year 2022 New Delhi: Modular kitchen company Ultrafresh Modular Solutions Ltd. launched its fifth ‘One-Stop-Shop’ studio...

How climate tech can help retailers

With advancements in climate technology retailers that use cold chains extensively can slash wastage of produce from 25% to 6%By Devendra GuptaClimate technology is defined as those technologies that are primarily focused on lowering Green House Gas (GHG) emissions...

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Retail boom in sacred cities driven by a surge in spiritual tourism

Growing tourism is attracting retail brands to establish a footprint in these potential market  New Delhi: Retail chains are capitalising...
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