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Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its productsNew Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...

Equity, wellbeing, sustainability central to lululemon’s diversity & inclusion programme

The programme aims to increase diverse supplier products and service solutions; empower economically & socially disadvantaged organisations; foster business growth, job and wealth creation across diverse communitiesNew Delhi: Athletic apparel brand lululemon athletica known for its community-centric approach recently announced...

Why diversity is important to productivity

Retailers are embracing the idea that diversity makes workforces more productive.By Bridget Goldschmidt New Delhi: The way that Jacksonville, Fla.-based Southeastern Grocers (SEG) sums up its approach to its workforce is succinct: “At SEG, we’re in the people business. We...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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