Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
Jubilant FoodWorks Limited reported its financial results for the quarter ended 30th June, 2018. Operating Revenues for Q1 FY19 stood strong at Rs 8,551 million, representing a growth of 26.0 percent over Q1 FY18, and a sequential growth of 9.6 percent over…
Monte Carlo, India’s premium fashion brand has inaugurated a new retail outlet in Delhi. The newly launched store is in Janakpuri, a prominent shopping hub of India’s capital city. The brand outlet offers a diverse range of stimulating clothing options for…
Japanese luxury sneaker brand Onitsuka Tiger has opened its third store in India, expanding its footprint to Delhi. The debut Onitsuka Tiger Delhi store is located in the Select Citywalk shopping centre, which hosts more than 80 luxury brands, this is…
US retail major Walmart will open six more stores in Uttar Pradesh soon, taking the number of such outlets to ten, a top company official said. “We have four stores at present – two in Agra, and one each in Meerut and Lucknow,” Krish Iyer, President and CEO…
In an effort to scale up its expansion plans, SmartQ, a Bengaluru-based leading online food tech platform has announced that the company has acquired the Digital Cafeteria business of Goodbox which provides mini apps to businesses. The acquisition is a part…
Sephora opened its doors at Oberoi Mall, Goregaon, Mumbai recently. Spread across 3,130 square feet, the store is located on the ground level of one of the city’s buzzing retail hubs in the suburbs. With presence in cities such as New Delhi, Noida, Gurgaon,…
Reliance Industries Ltd on Saturday said its subsidiary has purchased additional 8.14 percent stake in luxury fashion retail firm Genesis Colors for about Rs 34.17 crore. “Reliance Brands, a subsidiary of the company, has purchased an additional 8.14 percent…
Prime members in India joined members in 16 other countries to celebrate Prime Day, Amazon’s exclusive shopping event for Prime members. The 36 hours during Prime Day saw members in India shop and stream as never before, taking advantage of 200+ exclusive new…
Owned by India’s richest man Mukesh Ambani, Reliance is negotiating with more than a dozen banks to arrange the loans in single or multiple tranches as it rolls out an optical-fiber network and sets up more retail stores. This loans are to refinance existing…
PepsiCo on Wednesday expressed its commitment to support the plastic ban enforced in Maharashtra, India, including the extended producer responsibility for PET plastic waste bottles, a top company official said. PepsiCo India President and CEO Ahmed ElSheikh…
Grofers closed FY 18 with Rs 950 crore of sales and is targeting for a stronger growth trajectory in 2019, with a 50 percent contribution from its private brands. The company has launched seven new brands under two categories Budget and Popular G-Brands.…
Cover Story, a fast fashion brand for women by Future Style Lab, is set to launch its flagship store on July 20, 2018 at Mall Of India, Noida. The store will be spread across 1,420 sq.ft. of area, at a prominent ground floor location amidst the most…
Chowman, a name synonymous with neighbourhood fine dining has over the years carved a niche as one of the city’s most favourite destinations for authentic Chinese cuisine and the fastest growing fine dining chains. Having set its foothold across all prime…
Italy’s Ermenegildo Zegna has purchased a minority stake in Raghavendra Rathore, as the Italian suit maker looks to expand the luxury men’s brand and mature India’s luxury fashion market. In partnering with Reliance Brands for a collective stake, Zegna’s…
Danish toy brand Lego is shedding its premium strategy to position itself as a mass-market brand in India. Following an increased focus on Asia during the past two years, Lego is seeking to expand its consumer base in India by bringing products in the price…
VIP, a world-renowned company that specializes in offering secure, cutting-edge luggage and baggage products to its customers for over four decades has chosen BuyMore, a brand of Counfreedise Retail Services Ltd, India’s leading e-commerce aggregator for the…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.