Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
Bureaucracy is hampering the expansion plans of H&M India according to the Swedish fast-fashion company’s local management. The firm’s country manager and CEO for the territory Janne Einola said in an interview that the company is facing delays and challenges…
Chinese smartphone brand OnePlus has launched an experience store in Coimbatore, India. It is one the firm’s planned network of 100 experience stores that are expected to be opened in 50 cities within the territory by next year, with a particular focus on…
Singapore bank DBS acquired 40,000 clients in Hyderabad after just opening its office earlier this year with plans to accelerate growth through new customer touchpoints. After launching just six months ago, clients from the Hyderabad now make up for 30…
International private equity firm Blackstone has invested roughly US$244 million in debentures in Future Lifestyle Fashions holding company Ryka Commercial Ventures. The deal is accompanied by Blackstone’s acquisition of a 6-per-cent shareholding in Future…
Ecco India has opened its first store in the country, located at Gurgaon Ambience shopping mall in New Delhi. Steen Borgholm, CEO of the Danish shoe and leather goods brand, says the company sees potential in the Indian retail market, despite the challenges.…
Kenneth Cole India has opened its first flagship store. The American fashion house’s 1200sqft store, located at Infiniti Mall in Malad, Mumbai, carries the brand’s men’s and women’s clothing, footwear and accessories. Kenneth Cole India is operated by its…
Xiaomi India has been recognized as the largest exclusive brand network in the territory. The finding was released in a study by retail and channel solution provider Channelplay, and coincides with the launch of the brand’s 2500th Mi Store in India. Xiaomi…
Footwear retailer Bata India has opened a 6000sqft experiential outlet in Infiniti Mall, Malad. The store hosts a large Sneaker Studio, extensive fashion footwear, and handbags collection, workwear ranges for men and women among others. A highlighted feature…
The first store of Japanese casual wear retailer Uniqlo will open December 6 in Ho Chi Minh City’s District 1, the company said in a statement. The 3,000 square meter store, one of its biggest in Southeast Asia, will be located at the Parkson Saigon Tourist…
Petrol prices continued a downward trend for the fifth consecutive day on Tuesday, while diesel prices remained unchanged after a slight dip on Monday. Delhi, Kolkata, Mumbai and Chennai saw a reduction of 5 paise/litre in petrol prices. According to the…
Keventers milkshake-brand owner Sohrab Sitaram has launched Fat Tiger, a tea shop and dim sum franchise in India’s Delhi, Chandigarh, Ludhiana and Karnal. Sitaram says Fat Tiger introduces popular international flavors to the territory as well as a mid-market…
HSBC’s India arm has upgraded its female employee benefits, allowing reimbursement for daycare costs for their children up to the age of six. This marks an increase in the maximum age of a child from the previous two years old. For those seeking daycare…
After amassing more than 8 million customers, the tech unicorn has landed in Singapore, its second market outside Europe. After much anticipation, U.K. challenger bank Revolut has rolled out its services in Singapore. Customers can now open an account from…
Budget carrier AirAsia India will increase its fleet size to 29 aircraft by December-end, as it aims to increase frequencies to metro cities and prune unprofitable routes in the upcoming winter schedule, said Sanjay Kumar, chief operating officer of the…
Magnum has launched its first two pop-up stores in India, offering customers Make Your Own Magnum experience. The stores have opened at Phoenix Market City malls in Mumbai and Chennai. Like consumers before them in Bangkok Kuala Lumpur and many other cities…
AirAsia India will start a daily flight on the Delhi-Jaipur route from October 20. The flight will depart daily from Delhi airport at 10.35 am and arrive at Jaipur airport at 11.45 am. The return flight will depart daily at 12.15 pm from Jaipur and arrive at…
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