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DEVANGSHU DUTTA
Manyavar maker Vedant Fashions struggles to revive growth as same-store sales drop 5.8% in Q2Manyavar maker Vedant Fashions is facing mounting competition and slowing growth, with same-store sales declining 5.8% in the September qua...- Fabindia looks beyond its 'heritage' to revive growth and cash flowRevenue increased 6.3% to Rs 1,313 crore in the year ended March, while profit before exceptional items and tax surged 24.4% to Rs 131 cror...
- Reliance Retail, 7-Eleven end a five-year India franchise deal as convenience stores struggleReliance Retail and 7-Eleven are ending their five-year franchise partnership in India, with most of their nearly 60 stores set to shut aft...
- Tilaknagar Industries open to another large deal after Imperial Blue buyout, chairman saysTilaknagar Industries is open to another large deal after its recent acquisition. Consolidation is gathering pace in India's dynamic liquor...
- Move over cars, Japanese and Koreans are now entering your wardrobesThe success of brands like Uniqlo, MUJI and K-beauty companies highlights the East Asian countries’ Indian diversification and the various ...
- Retailers may soon be asked to not demand customer phone numbersTaking the numbers of customers without their "express consent" is a breach and encroachment of privacy, said the official, without wanting...
- Reliance Retail, other top brands eye ‘Value’ space after Zudio’s succesWhile Reliance Retail is planning to launch a value apparel format, likely to be named ‘Youth’ to compete directly with Tata’s Zudio and La...
- Shoppers Stop plans ‘value’ stores to lure more buyersShoppers Stop is foraying into the mass-priced segment after three decades of selling premium apparel and lifestyle merchandise. Experts sa...
- Global apparel companies bounce back in India in style"This is a combined impact of a rebound in industry-wide demand in India, a low base effect for some brands, and the visibility and mindsha...
- Reliance Retail plans 'fast fashion' stores to take fight to ZaraAccording to a retail consultant, Reliance has finalised Airia mall in Gurugram and High Street Phoenix in Mumbai and is looking for simila...
- Walmart to steer clear of food-only retailing for nowA company like Walmart is not in a rush because it is in India for the long term, according to Devangshu Dutta, chief executive officer of ...
- Myntra brings EMI down to just Rs 50 in sales pushEquated monthly instalments, typically offered on credit card, are now available for some products sold on Myntra that are worth Rs 1,300 o...
- Droom marketing budget zooms to Rs 225 croreDroom's spend towards marketing as a means to drive new business comes even as investors have been pushing startups to curb cash burn to dr...
- Snapdeal bars sellers from giving more than 70% discount from May 13The company said: “We have noticed deeply discounted products often do not meet expectations, leading to increased returns and customer dis...
- FSSAI can hold retailers responsible if found selling unapproved products"The retailers should also be responsible for what they are selling to the consumers. They should at least check for food approvals," said ...
- Snapdeal seeks 30 per cent rise in margins from vendors for home decor saleSnapdeal is starting a two week advertising blitz for a home decor sale and has asked vendors for higher margins to fund the ad campaigns.
- Danish fashion firm Bestseller to add premium brand Selected to its brand portfolio"We have added one more brand, Selected, to our portfolio which we plan to launch in a couple of months," said Ranjan Sharma, chief informa...
- Online retailers step in to cater to special needs of the elderlyThere are over 120 million people over the age of 60 in India. That is more than the entire population of most of the countries in the worl...
- Avoid impulse-buying while shopping premium brands at a saleSure, you save a lot of money, but does it make financial sense to shop as if there won't be another sale in this millennium.
- Junglee: Amazon makes quiet entry into Indian retail market via comparison shopping siteThe world's largest online retailer is tiptoeing into India, using cover from a comparison shopping site Junglee.com it acquired 13 years a...
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