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HARMINDER SAHNI
Indian brands are disrupting sneakers — one ₹5,000 pair at a time. But can they earn trust?Sneakers are now a fashion statement in India. Local brands are entering the market with competitive prices and cultural relevance. These h...- Crepdog Crew receives undisclosed amount in seed round fundingCDC said it wants to use this fresh capital to increase its e-commerce business and community-based retail footprint.
- Reliance Retail plans department stores to take on Shoppers Stop, LifestyleThe new department store format will be a notch below White Crow but above the Reliance Trends mass market department chain, the people sai...
- Covid triggers rejig of partnerships between global fashion firms, Indian retailersUS sportswear brand New Balance signed Gaurik Lifestyle as the new partner to run New Balance-branded physical outlets in India, according ...
- Customised apparel brand, Alma Mater Store, raises $200,000 to fund expansion plansAs per the company, India is one of the fastest growing markets for the customised merchandise and is growing at the rate of 15 per cent an...
- Ecommerce bandwagon turns lifeboat for global brandsOnline channels are a second chance for global brands that may not be doing well in brick-and-mortar.
- Amazon, Flipkart in talks for minority stake in HopscotchHopscotch caught the attention of investors in this market with its frugal spending and cost-conscious approach.
- Personal care startup MCaffeine raises $500,000 in pre-Series A roundThe latest round of funding was led by the startup’s existing backer Harminder Sahni, founder of consultancy firm Wazir Advisors, Lets Vent...
- Logistics company Delhivery registers 44% increase in FY17 revenuesForget the valuation hype, show me the money. That’s the ultimate measure of startups. Numbers Watch is an occasional column where ET takes...
- IKEA’s Gurgaon store may come up in two yearsEarlier this month, the world’s largest single brand retailer won a Haryana Urban Development Authority (HUDA) auction for 10 acres in the ...
- AB Fashion eyes 49% in local arm of Danish apparel maker BestsellerAditya Birla Fashion and Retail is in “active discussions” to acquire 49% stake in Bestseller India, and is offering attractive valuations.
- Flipkart set to open private label umbrella with ‘Flipkart Smartbuy'The Flipkart Smartbuy brand will also have personal care electronic items such as trimmers, hair dryers and hair straighteners.
- Paytm signs up 1000 brands including Puma, Samsung to open online storesPaytm said it has tied up with more than 1,000 brands including Puma, Samsung, Samsonite, Casio and Lakme to enable them to open their onli...
- Uber’s India arm makes profit in first two years of operationThe company, which provides marketing and support services to Uber, posted a net profit of Rs 3.2 crore on income of Rs 69 crore in the yea...
- Amazon invests Rs 1,237 crore in Amazon Seller Services in biggest capital infusion since entering IndiaComing festivals, Amazon is bringing in more money, eBay is focusing on keeping products defect-free, Myntra is gearing up for its 1st bill...
- Burger King debuts home delivery services in IndiaThe burger chain says this is for the first time in its history that the delivery-service has been launched within the first 9 months of it...
- Yum Brands opens its first owned Pizza Hut outlet in India; targets $ 1-bn revenuesYum! opened its first owned Pizza Hut store in India at Mumbai's Mira Road as it plans to take on Domino's Pizza more aggressively.
- Promoters Mukesh and Renuka Jagtiani infuse Rs 90 crore in Lifestyle InternationalThe Jagtiani family, which owns the Dubai-based Landmark Group, has pumped in fresh equity of Rs 90 cr to drive Lifestyle Intl's expansion ...
- HUL plans to fill Reckitt slots in modern retail outletsIndia's largest consumer products company plans to flood modern retail shelves with its brands Lifebuoy and Domex that take on Reckitt Benc...
- Caleffi in JV pact with Technopak promotersThe $80-million company holds a 51% stake in the JV company. Caleffi SpA makes comforters, cushions, duvet covers and bathroom towel sets, ...
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