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India tops Ikea’s investment priority list, says CEO Jesper Brodin, highlighting rapid development and market potential
Jesper Brodin, the global CEO of Ingka Group, highlighted that India holds the top position on Ikea's priority markets list for investment, remarking, "India...
Khadim India to demerge distribution business by September, expects margin improvement by 100-200 bps
Khadim India Ltd, a leading footwear company, is expecting to complete the demerger of its distribution business by September this year, as stated by...
D2C footwear brand Fausto makes foray into UAE market through Amazon
Fausto, the D2C online footwear brand, announced on Monday its entry into the UAE market through e-commerce giant Amazon with the introduction of a...
Stovekraft hits 150-store milestone, reinforcing its nationwide presence
Stovekraft Ltd., a renowned kitchenware brand, has reached a significant milestone with the opening of its 150th store, situated in Bengaluru's Jayanagar district.“We are...
Ikea India streamlines operations, set to close R-City Mumbai store by mid-2024
Ikea India has decided to discontinue operations at its R-City Mall store in Mumbai by the middle of this year. This move will see...
Accessorize London bolsters e-commerce capabilities with Unicommerce integration
Accessorize London, the fashion accessories brand, has teamed up with Gurugram-based e-commerce enablement SaaS platform Unicommerce, as stated in a joint release on Thursday.Accessorize...
California lifestyle apparel brand Dockers makes big bet on Indian market, plans five store openings in first year
Dockers, the California-based lifestyle apparel brand, is betting big on India's physical retail growth and has planned to open five stores in the first...
Retailers report modest 5% year-on-year growth in January sales: RAI Survey
According to a survey conducted by the Retailers Association of India (RAI), retail sales in January 2024 saw a modest increase of 5% compared...
Shoppers Stop unveils its first retail outlet in Agartala
Shoppers Stop, a prominent department store chain, announced the launch of its first retail store in Agartala, Tripura, according to a press release issued...
Nature’s Basket unveils flagship store in Mumbai, marking third addition to ‘Artisan Pantry’ brand
Nature’s Basket, the gourmet retail subsidiary of Spencer’s Retail, has launched its flagship store in Mumbai, as announced in a press release on Monday....
India’s consumer packaged goods sector saw balanced growth in 2023: Bain & Company Report
India's consumer packaged goods (CPG) industry witnessed a balanced growth in 2023, as highlighted by a report from Bain & Company, a prominent global...
Reliance Retail’s Tira debuts in North India with flagship store in New Delhi’s DLF Avenue Mall
Reliance Retail's omni-channel beauty retail platform Tira has entered North India with its newest store in New Delhi, as announced by an industry official...