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V-Mart reports 17 pc y-o-y recovery in sales against one-third operational days in Q1

V-Mart Retail, India’s leading value fashion retailer with presence across 19 states and 191 towns, announced its audited financial results for the first quarter ended June 30, 2020. Owing to COVID-19 pandemic and a nationwide lockdown for most of Q1,...

Anticipated lockdown extension, adequate stock in place, say retailers

Retailers on Tuesday assured there is enough inventory to meet the demand during the extended lockdown period, stating they had stocked up in anticipation of such a move from the government to curb the spread of coronavirus pandemic. According to...

V-Mart Retail to open 40 stores in FY21, invest Rs 70 cr

Value fashion and lifestyle products retailer V-Mart Retail plans to invest up to Rs 70 crore to open around 40 stores in 2020-21, a top company official said. According to a PTI report: The company already has 260 stores in...

V-Mart Retail posts Q3 net profit at Rs 58 cr

Multi-brand retail chain V-Mart Retail on Wednesday reported a net profit of Rs 58.22 crore for the quarter ended on December 31, 2019. According to a PTI report: The company had posted a net profit of Rs 41.68 crore for...

East India: Evolving into a brand conscious, product savvy retail sector

The East Indian retail market has been on a growth trajectory since the evolution of new Millennials population. Analysts have attributed this upward swing to the evolving middle-class, rising disposable incomes and growing aspirations for improved living standards, especially...

20th IMAGES Fashion Awards honour outstanding fashion retail brands

The 20th edition of India Fashion Forum was held on December 17-18, 2019 at Hotel Conrad, in Bengaluru. The event witnessed top honchos of the fashion industry sharing some notable insights on the current trends through various interactive sessions.IFF’s...

IMAGES Retail Awards honour excellence in retail

The IMAGES Retail Awards (IRA 2019), which were held in Mumbai on August 26, 2019, celebrated some of India’s most outstanding achievements in retail.With no end in sight for the rise of online shopping, never has it been more...

Indian denim wear market growing at CAGR of 11 percent

With new technologies, trends and higher market reach, the denim sector has promising growth potential. Ashish Dhir, Associate Vice President, Fashion-Textile & Apparel and Saima Nigar-Associate Consultnat, Fashion-Textile & Apparel, Technopak, map the status of denims in India today.Indian...

The Rising East: The booming retail market of Eastern India

East India, one of the most conservative markets of India till a decade ago, is breaking shackles across all retail platforms today. Despite being home to a very dense population, the Eastern part of the country missed several glorious...

Dressing The Indian Masses: Unlocking economy and value fashion retail

The India’s fashion consumption story has taken-off for newer heights due to demographic, cultural, psychographic and behavioural changes among Indian consumers. These changes are altering the size as well as shape of the market. Over the next 5-6 years,...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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