Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
Reliance Retail is not just the largest retailer in India in terms of revenues, but is also the biggest in most of the categories it operates in. With 1,000 stores, Reliance Digital has become the largest consumer durables and electronics retail chain in the…
Arvind Brands will open 25 Calvin Klein standalone innerwear outlets in three years as it sees the category growing by 25-30 percent annually. Arvind Brands, which bagged rights to market Calvin Klein products in India in March last year, will also launch…
US-based PE fund Warburg Pincus-backed Kalyan Jewellers to invest around INR800 crore (INR8 billion, USD128.3 million) during the current fiscal. The Kerala-based jewellery brand said that it will open 22 showrooms during the current fiscal. T S Kalyanaraman,…
Chinese smartphone maker Xiaomi Inc has decided to sell devices through a leading electronics retail chain in India, part of its effort to move away from online-only sales and boost growth in the world’s third-largest smartphone market. Xiaomi launched its…
Suchi Mukherjee gave birth to both her second child and her start-up in 2012. In fact, she was on maternity leave when she started up LimeRoad, a fashion eCommerce site targeted at Indian women. Today, it is one of the biggest success stories by a woman…
Two brands trying to get a bigger foothold in India’s smartphone market recently announced plans to expand their retail presence, strongly leaning on exclusive stores and e-commerce. The Japanese Panasonic and Chinese Lenovo are both in the process of…
Ashapura Intimates Fashion plans to open 200 Valentine loungewear retail showrooms across the country in three years on a franchise basis. It plans to open 26 Valentine showrooms in Mumbai this year, most of which will be company-owned, it said in a statement…
Amid rising demand for linen fabrics, Jaya Shree Textiles, an Aditya Birla Group company, plans to add 20-25 Linen Club stores to its retail chain in 2015-16. Jaya Shree has 116 Linen Club stores at present and the company’s fabrics are available through…
US shoemaker Crocs has cancelled its exclusive franchising agreement in India with Chogori Retail. The Colorado-based company, renowned for its unsightly but comfortable shoes, says it will now partner with several retail companies and will ramp up its store…
Indian budget consumer electronics firm iBall raised eyebrows this week on a report that it has stolen South Korean juggernaut Samsung’s crown as India’s number one tablet vendor. Mumbai-based iBall claimed a 15.6 percent share of India’s tablet market in the…
Handset vendor Intex Technologies is planning to set up standalone brand stores to boost its retail presence. Called ‘Intex Smart World’, 400 stores will come up next fiscal (2015-16) at a cost of over Rs. 100 crore (USD16.1 million). Investments will be…
Internet not only has an edge over physical retail when it comes to apparel and electronics but also fast moving consumer goods (FMCG). A joint study by Google India and Bain and Company said that the Internet will influence 1/3rd of the total FMCG sales in…
Footwear and apparel firm Woodland will invest up to Rs. 500 crore (USD80.5 million) in the next five years on expanding its retail network as part of its plans to double the store count to 1,000 by 2020 and enhance capacity. The company has also set a target…
Mumbai-based grocery e-tailer LocalBanya is set for a fourth round of funding worth about USD15 million from domestic venture capital firms within the next quarter. The company has raised about USD20 million in three rounds, one of them about a quarter ago.…
Swedish furniture retailer IKEA will set up more manufacturing facilities in India and has plans to increase production in the country, its top official has said. In a meeting with the Department of Industrial Policy & Promotion (DIPP) Secretary, Amitabh…
India’s online marketplace Snapdeal.com recently launched a 50:50 joint venture with DEN networks to launch a TV Commerce channel. The DEN Snapdeal TV shop is urrently available for viewers on channel number 132 on DEN cable network and will be extended to…
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