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Softbank sells 1.16% stake in Zomato for Rs 947 crore

Softbank through its affiliate SVF Growth (Singapore) Pte offloaded the shares of Zomato on the National Stock Exchange New Delhi: Japanese conglomerate Softbank on Wednesday divested a 1.16 per cent stake in online food ordering company Zomato for Rs 947...

Nike launches its concept store in Dehradun

The new Nike concept store is located at Pacific Mall, Jakhan, Dehradun, UttarakhandBengaluru: American athletic footwear and apparel brand Nike has launched its concept store in Dehradun, a company official wrote on social media. The new store is located...

Retail Tech Case Study: How Indian Terrain achieved savings of Rs 6 crore

Menswear brand Indian Terrain successfully raised its sell-through rate by almost 5%, leading to significant cost savings amounting to nearly Rs 6 crores Bengaluru: Indian Terrain Fashions was founded in 2000 by Venky Rajagopal as a premium smart-casual clothing brand for...

Reliance to take Campa Cola to global markets, starting with Asia and Africa: Isha Ambani at RIL AGM

Reliance Retail, after acquiring Campa Cola from Pure Drinks Group for Rs 22 crore last year, re-launched it and the product is available in selected marketsNew Delhi: Reliance Retail is scaling up the production of the home-grown cola brand...

Value retailer Citykart records double-digit sales growth in Q1 FY23

Citykart expanded its product offering to include non-apparel categories like footwear, luggage, cosmetics, and household goods which it feels has helped increase the growth Bengaluru: Indian fashion retailer Citykart has recorded double-digit sales growth in the first quarter (Q1) of fiscal...

Several marquee global strategic and financial investors shown strong interest in Reliance Retail: Ambani

In less than three years, valuation of Reliance Retail has been doubled and the pace of this value creation is "unmatched globally", says AmbaniNew Delhi: Several marquee global strategic and financial investors have shown strong interest in Reliance Retail,...

Fashion brand Beverly Hills Polo Club enters Kochi

Situated at Forum Mall, Kochi, the new outlet is the retailer’s 21st store in IndiaBengaluru: Fashion activewear retailer Beverly Hills Polo Club has expanded its retail footprint in Kerala by inaugurating its third store in the state, Apparel Group India...

Reliance Retail will be RIL’s fastest-growing business: Mukesh Ambani

Reliance Retail delivered an EBITDA of Rs17,928 crore and a net profit of Rs 9,181 crore New Delhi: Reliance Retail will become Reliance Industries Ltd’s (RIL) fastest-growing business in revenues and EBITDA (earnings before interest, taxes, depreciation and amortization) in...

Aldo launches its third store in Kerala

Situated in Kochi at the recently opened Forum Mall, the new store is the 61st retail outlet of Aldo in India Bengaluru: Footwear and accessories brand Aldo has launched its third retail outlet in Kerala, wrote the retail conglomerate Apparel Group...

‘India Retail Figures H1 2023’ by CBRE

The report highlights real estate growth, trends, and dynamics within the Indian retail landscape during the first half of 2023India Retail Figures H1 2023 report by real estate investment and consulting firm CBRE highlights real estate growth, trends, and...
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E-commerce cos focus on transparency, good shopping experience to foster consumer trust: Experts

Big e-commerce players like Amazon use advanced AI/ML (Artificial Intelligence/Machine Learning) to combat fake reviewsNew Delhi: The success of...
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