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Reliance Retail in talks to acquire Kiko Milano’s India beauty biz

Kiko Milano would be Reliance Retail’s second acquisition of a global beauty and cosmetics brand after Sephora’s India businessNew Delhi: Reliance Retail is in talks with Italy’s beauty brand Kiko Milano to acquire its India business in a bid...

Retail sector set for 10-13% growth in 2024

Network expansion, a strong uptick in demand for premium brands, increasing traction for value brands in smaller cities and general elections will be among the key drivers for the retail sector, which is also moving from being just a...

Retailers hopeful of achieving ~85% pre-COVID sales by June 2021

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of...

Flipkart, Jio deals push VC inflows to $3.6 billion in September quarter: Report

Despite the pandemic-driven recession, venture capitalists continued to invest dollars into the country with September quarter seeing investment inflows more than doubling to US$ 3.6 billion over April-June, says a report. In June quarter, which was marked by very strict...

‘COVID-19 has affected shopping habits on safety concerns’

The coronavirus pandemic has largely affected shopping habits with safety now taking over as a new criterion over price range, variety and convenience, forcing retailers to adapt to the new reality, according to a report. The report by KPMG in...

78 pc Indian consumers cut spending amid COVID-19: Report

COVID-19 has significantly impacted Indian consumers as 78 percent of the Indian consumers said they have reduced discretionary spending, a new KPMG report revealed on Wednesday. However, 51 percent of respondents feel that the impact of COVID-19 will be short-lived...

Supply Chain & Logistics in COVID-19 Times: How to be future prepared

Extensive Demand, Panic buying, Out of stock, Not-Operational, COVID-19. The current situation of the global retail industry can be explained in these five phrases today. There is no end to the rise in product demand due to the lockdown...

Textile, apparel production to fall 10-12 pc in Apr-Jun: KPMG study

India's textiles and apparel sector production is expected to decline by 10-12 percent in the April-June quarter owing to the coronavirus pandemic, according to a study by KPMG in India. Demand shocks are expected to hurt India's textile exports over...

Online private labels to drive profitable growth for e-commerce marketplaces: KPMG

Online private labels are expected to grow 1.3 to 1.6 times faster than e-commerce platforms and continue to generate 1.8 to 2 times higher margins than external brands, according to a study by KPMG in India and Retailers Association...

What makes Indians loyal to a brand

Product quality, consistency and value for money are the most important criteria which influence brand loyalty of consumers in India, says a new study.The survey by KPMG revealed that 47 percent Indian consumers remain loyal to a favourite brand...
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Proventus Agrocom Ltd. reports 96% growth in FY24 Profit After Tax

The health food brand’s sales increased 43.3% to Rs. 303.62 crore New Delhi: Health food brand Proventus Agrocom Ltd. (ProV) has reported a Profit After Tax (PAT) of Rs 7.2 crore...
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