Stock exchange

Fashion

TPG Growth IV SF offloads shares of Nykaa worth Rs 202 crore

PTI -
TPG Growth IV SF sold a total of 1,08,43,050 shares in two tranches, amounting to 2.28 per cent stake in the company New Delhi: TPG Growth IV SF on Friday offloaded shares of Nykaa’s parent company FSN E-Commerce Ventures for Rs...
Retail

Vishal Retail shareholders okay name change

Indiaretailing Bureau -
Vishal Retail today said its shareholders had approved changing the company's name to V2 Retail and also its plan to enter real estate business. The company submitted a report on a postal ballot seeking shareholders' approval the name change and...
Retail

Carrefour to rebrand smaller stores

Indiaretailing Bureau -
Carrefour may be known among local shoppers for aisles upon aisles of groceries in big-box stores, but these days the hypermarket is shifting focus to its smaller shops.The world's second-largest retailer, after Walmart, has undertaken a national rebranding effort...
Retail

SRS Ltd to launch Rs 225 cr IPO next month

Indiaretailing Bureau -
Faridabad-based SRS Ltd, which has interests in cinema exhibition, retail and food courts, said it will launch an initial public offer to raise up to Rs 225 crore by next month. The company will issue around 3.5 crore equity...
Retail

Cantabil to rejig marketing strategy

Indiaretailing Bureau -
Delhi-based apparel retailer Cantabil Retail India has started a restructuring exercise that includes shutting down non-profitable outlets, slower expansion and gradually doing away with its sales strategy of offering 80 per cent flat discount throughout the year. Cantabil Retail...
Retail

Pantaloon completes transfer to FVRL

Indiaretailing Bureau -
Pantaloon Retail India Ltd (PRIL) on Monday said it has completed realignment of its business by transferring its value retail formats -- Big Bazaar and Food Bazaar -- to Future Value Retail Ltd (FVRL). In a filing to the Bombay...
Beauty & Wellness

Emami Q4 net profit up 38.4 percent

Indiaretailing Bureau -
Kolkata-based FMCG Emami had posted a 38.4 percent increase in its consolidated net profit of Rs 54.56 crore for the quarter ended March 31, 2011 as against the same period in the previous fiscal. The company attributed the strong...
Beauty & Wellness

L’Oréal sales rise 9.3 percent in Q1

Indiaretailing Bureau -
L’Oréal have posted their first-quarter sales of 5.16 billion euros, or $7.02 billion, a 9.3 percent rise in revenues compared with the same period last year. In like-for-like terms, stripping out the effects of currency fluctuations, the company’s sales...
Retail

Gaja to pump in Rs 100 crore for retail expansion

Indiaretailing Bureau -
In a bid to consolidate on its jewellery retail business, Gaja, the in-house retail brand of Kolkata-based Shree Ganesh Jewellery House Limited (SGJHL) is set to pump in Rs 100 crore for next two years.Currently retail forms only 10...
Beauty & Wellness

LVMH and Bulgari form alliance

Indiaretailing Bureau -
Bulgari, the Italian jewellery, watch, accessories and fragrance house, is the latest company to join forces with the LVMH Group in order to reinforce its long-term development. The Board of Directors of both the groups’ have unanimously approved the...
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Latest News

Beauty & WellnessAnagha R Ratna -

Marie Claire Salon opens new outlet in Bengaluru

The store is situated at Mantri Square Mall, Malleshwaram, Bengaluru Bengaluru: French salon chain Marie Claire Salon has launched its new...
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