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H&M’s India sales nearly doubleThe company’s sales growth, however, has slowed. For the quarter ended November, sales rose 20% to Rs 247 crore compared with over 50% incr...- H&M’s new pricing strategy pays off; sales zoom in H1 2017H&M clocked sales of 460 cr in the six-month period compared with 445 cr during December 2015-November 2016, the financial year it follows,...
- Ladies, now de-stress yourself at Reliance Retail’s Project EveCalled Project Eve, the experiential stores will stack in-house and global brands and compete with the likes of Shoppers Stop and Lifestyle.
- Kumar Mangalam Birla and family plan to invest Rs 500 crore in group’s food and grocery business“The issuance and allotment for shares up to Rs 500 crore will be in one or more tranches within a period of twelve months,” the filing sai...
- Aditya Birla Retail piles up Rs 5,320-crore lossThe retail arm of the Aditya Birla Group posted Rs 2,893-crore sales for the year ended March 2015 and its losses reduced 5% year-on-year a...
- Wal-Mart’s India sales dip 32 per cent in 2014The Indian unit of Wal-Mart Stores Inc, the world’s largest retailer, posted its first ever sales decline after parting ways with key clien...
- Gap closes in on Zara, clocks sales worth Rs 23 lakh daily on average in JuneZara clocks sales of about Rs 9 crore a month from its store in south Delhi's Select City Walk mall, where Gap has opened its first store i...
- Amazon plans to invest Rs 1,155 crore to build its presence in IndiaWe continue to invest in infra and logistics, to enable our sellers to service customers across the country at low operating costs, Amazon ...
- Major fashion brands like Mango, Aldo find it tough to keep pace with global rivalsMajor brands are struggling to keep pace with main rivals as its expansion has slowed as promoters are shifting focus to the more lucrative...
- Fashion e-tailers like Jabong and Myntra clock up impressive numbersAs Amazon chief Jeff Bezos had said, the big success of fashion etailing is the biggest learning he's taken away from India.
- Bharti Retail plans to borrow up to Rs 2000 crore to accelerate store openingsBharti Retail was using Walmart's IT platform until three months ago, but recently roped in Accenture to implement SAP solutions.
- Zara posts 35% profit decline as new stores couldn’t match sales of flagship storesZara will soon run into more competition, with global rivals such as Gap, which has tied up with Arvind Brands and H&M are set to launch In...
- Starbucks to debut in towns and suburbs; to half the size of the new storesStarbucks' new stores will be less than half average size of its existing cafes as coffee chain plans to expand into Indian towns and city ...
- Spanish fashion brand Zara crosses Rs 500-crore sales mark in IndiaAverage sales per store of Zara at about Rs 45 crore a year much higher than those of Louis Philippe, Levi’s and Marks & Spencer,
- Aditya Birla Retail borrows Rs 500 crore from Yes BankABRL has borrowed Rs 500 crore from Yes Bank as it plans to ramp up its food and grocery business, which is fast ceding share to newer riva...
- Tesco upbeat on India plans despite BJP opposition to FDITesco has outlined India, along with China and Turkey, among markets it wanted to refocus for a more profitable approach to growth.
- Blooming same-store sales of Shoppers Stop, Lifestyle, Reliance lift gloom on retail frontThe downturn for the retail sector began almost two years ago as an increase in the prices of essential commodities.
- Fast-food chain Subway to enter upscale coffee house space with Subway CafesAmerican fast-food chain Subway plans to break into the upscale coffee-house market in India by introducing Subway Cafes in select location...
- Spanish fast-fashion brand Zara's sales matches top brands in India, 18 more stores to come on soonInditex Trent, the joint venture between Zara brand owner Inditex and Tata Group’s retail arm Trent, clocked 56% growth in sales without an...
- US-based burger chain The Counter to open outlets in Mumbai & Delhi, pricing to be 400 upwardsLos Angeles-based burger chain The Counter, which is featured in GQ magazine's '20 Hamburgers You Must Eat Before You Die', is entering Ind...
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