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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U.S. Polo Assn opens 1,050 monobrand retail stores, continues global expansion

October 25, 2018

USPA Global Licensing, the official licensing arm and national broadcaster of the United States Polo Association (USPA), announced that U.S. Polo Assn. has surpassed a major milestone by opening approximately 1,050 monobrand retail stores globally. Additionally, the $1.6B sport-inspired global lifestyle brand shared that U.S. Polo Assn. has continued its aggressive international expansion efforts and […]

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Myntra to sell its private label ‘All About You’ in Walmart Canada stores

October 22, 2018

To cater to the festive shopping needs of the Indian diaspora, E-commerce firm Myntra will now sell its private label in Walmart stores in Canada. According to a Business Standard report, Myntra launched its private label ‘All About You’ in Walmart stores across Canada. Myntra’s other celebrity endorsed brands such as HRX by Hrithik Roshan […]

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Nykaa Cosmetics signs Janhvi Kapoor as its first brand ambassador

October 8, 2018

Popular beauty e-commerce portal, Nykaa Cosmetics has signed Bollywood newcomer Janhvi Kapoor as its first brand ambassador since its inception six years ago. The deal marks the Dhadak actress first entry into the world of brand endorsements. However, no terms of the contract have been divulged yet. As per the association, Kapoor will appear in […]

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India’s retail sector to grow to $1.3 trillion by 2020: Anarock Report

October 5, 2018

India’s retail sector is projected to grow to $1.3 trillion by 2020 from the level of $672 billion in 2017, Anarock Retail report on India’s offline and online retail market stated. “India’s retail sector is on a faster roll than ever before and the boosters acting on the retail sector are rapid urbanisation and digitisation, […]

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Elton John, Universal Music Group strike global partnership licensing deals

October 4, 2018

Rocket Entertainment and Universal Music Group (UMG), the world leader in music-based entertainment announced a significant new agreement to provide Elton John, one of music’s most iconic artists and the most successful male solo artist in US Billboard chart history, the industry’s best resources and expertise across recorded music, music publishing and licensing rights. The […]

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Footwear major Liberty shoes forays into lifestyle retail

September 28, 2018

Footwear maker Liberty Shoes announced its foray into lifestyle retail and unveiled its new business venture, Liberty Lifestyle. Liberty Lifestyle has introduced its first range of perfumes, commencing its entry into the fast-growing fragrances segment, the company said in a statement. “The fragrance segment currently occupies 5 percent share of the total lifestyle market in […]

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Reliance Retail buys 16.3% in Genesis Colors

September 11, 2018

Reliance Retail Ventures Limited, a subsidiary of the Reliance Industries Limited, has purchased 16.31 percent equity holding in Genesis Colors Limited (GCL) for a consideration of Rs 34.80 crore. The stake purchase is in addition to 49.46 percent equity holding in GCL held by the Reliance Brands Limited. The acquisitions will help the company to […]

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POPxo launches its ecommerce portal to sell private label merchandise

July 26, 2018

The Delhi-based women-focused digital content platform POPxo has announced the launch of its e-commerce platform ‘POPxo Shop’ to sell private label merchandise. The platform known for its stories, videos and social media content about fashion and women, has forayed into the world of retail with products that are designed to appeal to the millennial audience […]

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Myntra exclusively launches Spanish fashion brand Niza

July 12, 2018

Myntra has announced the exclusive launch of contemporary Spanish fashion brand Niza, introduced in India by their strategic partner Zashed. Niza is known internationally for its elaborate, original and sophisticated designs. Actress Malaika Arora launched the brand in a high-octane fashion event today at the Myntra headquarters in Bangalore. The launch of Niza marks Myntra’s […]

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To strengthen foothold, Toonz Retail launches its fourth store in Pune

July 10, 2018

The fastest homegrown kids retail chain, Toonz Retail, launched its fourth store in Pune. Pune is on the list of smart cities and has evolved as the most favored business destination for companies. To strengthen its foothold, the company is planning to invest close to Rs 2 crore in Pune market to further add five […]

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Reliance-BP joint venture bids licence to retail gas in 15 cities: Report

July 10, 2018

The Reliance-BP joint venture on Tuesday bid for the license to retail gas in 15 cities while Indraprastha Gas Ltd put in bids for 13 cities. Bidding for the biggest city gas distribution licensing round, offering 86 permits for selling CNG and piped cooking gas in 174 districts in 22 states and union territories closes […]

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