Retail

More Hypermarket launched in Greater Noida

March 30, 2019

Omaxe Connaught Place, a property of Omaxe Ltd, witnessed launch of More Hypermarket. More Hypermarket comes with a retail space of around 45,824 square foot and will be catering to people in the neighborhood. Omaxe Connaught Place is one of the largest Shopping-cum-Entertainment centres in India and has a retail space of 1 million square […]

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Amazon to roll out 100 kiosks across malls in India

March 29, 2019

E-commerce giant Amazon after gaining ground in the online market is now eyeing on the offline retail market and to do so Amazon will be launching about 100 mall Kiosks across India. The idea of launching kiosks in such a big number alludes to Amazons bigger plan of making an entry in Indian retail market, […]

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Retail activity maintained healthy demand-mix across various brand categories

March 28, 2019

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, announced the findings of its retail market outlook. The Indian retail sector has been evolving at a fast pace in the past couple of years. Increasing urbanisation, evolving brand preferences, availability of technology and social media have been the driving factors behind this evolution. […]

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Future Retail re-appoints Kishore Biyani as MD for 3 years

March 28, 2019

Kishore Biyani has been re-appointed as Managing Director of Future Retail for a further term of 3 (three years) from 2nd May, 2019. His current term as Managing Director of the Company shall end on 1st May, 2019. With effect from 2nd May, 2019, he is re-appointed for a further term of three years, which shall […]

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Reliance Retail buys ITC’s menswear brand John Players

March 28, 2019

Reliance Industries Ltd reportedly said that its unit Reliance Retail Ltd has acquired consumer goods company ITC Ltd’s menswear brand John Players. The acquisition would help Reliance Retail readymade garments and accessories portfolio in the fashion and lifestyle retail space, says report. ITC sold the brand John Players and related trademarks and intellectual property to […]

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Shemaroo Entertainment’s Yedaz Collaborates with Imagica

March 26, 2019

Yedaz will offer bollywood themed merchandise at stores located inside Imagica theme park

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adidas collaborates with Game of Thrones for Ultraboost collection

March 22, 2019

adidas Running announces the highly anticipated collaborative project with legendary  television series Game of Thrones. Since it first hit screens in 2011, Game of Thrones has made waves across the entertainment landscape, transcending the world of Westeros to firmly anchor itself in modern pop culture. Now, ahead of its eighth and final season , adidas […]

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Levi Strauss & Co shares surge 30% in IPO

March 22, 2019

Shares of Levi Strauss & Co surged 30% on debut on the New York Stock Exchange at $22.22 a share as against the company’s IPO price of $17. The closing of the offering is expected to occur on March 25, 2019, subject to satisfaction of customary closing conditions. Goldman Sachs & Co. LLC and J.P. Morgan Securities […]

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adidas expects 5-8% topline growth in 2019

March 18, 2019

During the fourth quarter, adidas revenues increased 5% on a currency-neutral basis, on top of 19% growth in the prior year period. This development reflects an increase of 5% at brand adidas. Double-digit growth in Sport Inspired and in the training category as well as high-single digit growth in running were partly offset by a […]

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Future Retail signs agreement with 7-Eleven

March 11, 2019

Future Retail has announced that its subsidiary has signed an agreement with 7-Eleven, Inc., the world’s largest convenience retailer with more than 67,000 stores worldwide to develop and operate 7-Eleven stores within India. The new master franchisee plans to build 7-Eleven stores as well as convert some of its existing locations to the 7-Eleven brand. […]

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Macy’s reports Q4 results

February 27, 2019

Macy’s, Inc reported results for the fourth quarter and fiscal 2018 and provided annual sales and earnings guidance for fiscal 2019. Net income attributable to the company’s shareholders was at $740 million, while Net sales declined by 2.5% to $8.46 bn. “2018 was an important year for Macy’s, Inc. as we changed the trajectory of the […]

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Centre tightens rules for e-commerce firms: What lies ahead for Amazon, Flipkart?

December 27, 2018

In a setback for e-commerce firms having foreign investment, the government on Wednesday barred online marketplaces such as Flipkart and Amazon from selling products of the companies in which they have a stake. The commerce and industry ministry also forbidden e-commerce firms from entering into an agreement for the exclusive sale of products. The revised […]

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Mufti to expand footwear retail, eyes Rs 1000 cr sales in 3 years

December 14, 2018

Mufti will expand its recently launched footwear line and aims to expand its distribution from the current 100 stores to over 500, including multi-brand-outlets. After launching a footwear line in August this year, it plans to further expand into the product category. It will expand its distribution from the current 100 stores to over 500, […]

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Facebook launches pop-up stores at Macy’s

November 21, 2018

Following the footsteps of Amazon, Facebook has partnered with Macy’s to bring a selection of brands that are sold on Facebook and Instagram to its stores. These brands will be showcased in the department store’s pop-up area, “The Market,” which launched earlier this year as a way to bring lesser-known brands to the store. “Every […]

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