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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...- Skechers takes Flipkart, sellers to High Court over fakesA Skechers spokesperson declined comment since the matter is sub judice, but said the company will take appropriate action to protect its b...
- 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,...
- Zara crosses Rs 1K-crore mark despite competitionInditex Trent has replicated a globally successful model in India -creating affordable copies of the latest fashion or designer wear in dou...
- 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...
- Swedish fashion retailer H&M to let shoppers line up all night on opening dayJanne Einola, country manager at Hennes & Mauritz Retail, said the brand sees huge potential in India, its 60th market in the world.
- 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...
- 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...
- 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.
- Tesco moves step closer to Tata; aligns top management of its back-end unit with Trent HypermarketTesco’s core business in India has been restricted mainly to Tesco Hindustan Wholesaling, which supplies merchandise, including its own lab...
- Future Group brands may be sold through Amazon, logistics may be sharedWhile Future Group has had exploratory talks with Flipkart and Myntra, negotiations with Amazon are at a more advanced stage.
- 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 ...
- 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.
- Walmart bets Rs 1,328 crore on India after recent break-up with BhartiRetailer may use funds to strengthen its back-end operations and online sales in India after recent break-up with Bharti.
- 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...
- 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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