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Technopak Advisors

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Tepid business is forcing fashion brands to cancel orders, delay deliveries from suppliers

Rasul Bailay -
Several fashion and lifestyle brands report a 10% to 20% decrease in business in the last three months compared to the same months last year as consumers cut down discretionary spends Mumbai: Fashion brands across the board are reporting tepid...
Retail

Future Retail anticipates liquidation if deal with RIL fails

IANS -
As a Singapore arbitration court has temporarily halted the acquisition process of Future Group's retail business by Reliance Retail, there has been speculation over what happens to Future Retail if the deal does not actually go through. Future Retail's representative...
Retail Hub

Big box formats, tier II cities to drive retail real estate in 2019

Zainab S. Kazi -
The journey of shopping centres and malls in India is not very old. In fact, it is yet to even celebrate its silver anniversary. But then the market has matured at a rapid rate. It has seen its fair...
Food

The changing landscape of food retailing in India

Zainab S. Kazi -
A joint report by National Restaurants Association of India and Technopak Advisors state that the foodservice market in India is projected to touch Rs 4.98 trillion by 2021. These are no small numbers as in 2016, the market was...
Food

Market and consumer trends influencing food retail

FoodService India Bureau -
The market size of India’s food services industry is expected to reach a whooping US $75 billion by 2021 as it expands at a compounded annual growth rate of 15 per cent, according to a study by Technopak, a...
Retail

Flipkart acquires Jabong: E-commerce crying for consolidation, say experts

Mehak Sharma -
Flipkart-owned Myntra on Tuesday announced that it has acquired Jabong from Global Fashion Group for $70 million, a move that marks further consolidation in India’s booming e-commerce industry. With this move, Flipkart is clearly trying to preserve its position as India’s No.1...
Food

Ice- cream market warms up in India; Cold Stone Creamery to open 40 outlets

Progressive Grocer Bureau -
Just two weeks after Nestle-owned premium ice cream brand Mövenpick announced its plans to open 50 outlets in India, Arizona, USA-based Cold Stone Creamery, which is known for its fresh handcrafted ice cream, reveals that it is set to...
Food Service

Azure Hospitality eyes pan India reach, raises Rs 65 cr from Goldman Sachs

FoodService India Bureau -
Azure Hospitality, owner and operator of pan-Asian restaurant brand Mamagoto, has recently raised Rs. 65 crore from investment banker Goldman Sachs. The investment will be used to further expand Azure’s three restaurant brands throughout India and in select markets...
Food Service

Online meal delivery startup SpoonJoy raises $1 million

FoodService India Bureau -
The Bangalore-based online platform, which allows office goers and consumers to order meal packs such as set cut-fruit packs, has raised $1 million from SAIF Partners. SpoonJoy, a subscription only service, is owned by Emvito Technologies Pvt Ltd. This...
Food Service

Pizza chain Eagle Boys targets 50 Indian outlets by year-end

Indiaretailing Bureau -
Australian pizza chain Eagle Boys, which entered India in 2012, is picking up pace in India. Currently, there are 14 Eagle Boys outlets in India (six in Mumbai, three each in Pune and Hyderabad and one each in Chennai...
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Fashion & LifestyleShiv Joshi -

Our approach to technology is proactive and strategic: Rajgopal Nayak, Metro Brands

Rajgopal Nayak, Chief Technology Officer, Metro Brands Ltd. on the footwear major’s approach to technology, focus areas and tech...
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