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UNIQLO REVENUE INCREASE
A Japanese giant is quietly taking a bigger shelf in India’s wardrobesUniqlo India's revenue increased by 44% to Rs 1,724 crore in the last financial year. The brand's focus on everyday essentials contrasts wi...- Wallet war: More new things are fighting for every rupee Indians earnIndian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, which reflects a richer variety of...
- The Souled Store valuation may jump over 3x to Rs 5,000 crore in new secondary deal: sourcesThe transaction, which will primarily comprise secondary share sales, will value the Mumbai-based startup at about Rs 4,000-5,000 crore, mo...
- Nestle India Q1 Results: Net profit surges 48% YoY to Rs 975 crore; revenue rises 25%Nestle India Q1 Results: The company’s revenue from operations for the quarter under review stood at Rs 6,378 crore, marking a 25% year-on-...
- Foreign fashion labels fade, functional clothing the fadIndian fashion retail sees a split. Uniqlo and Nike are booming, driven by quality and function. Other brands like Marks & Spencer and Adid...
- Uniqlo operator Fast Retailing posts record profit for fourth year, beating forecastsUniqlo's parent company, Fast Retailing, has reported its fourth straight year of record profits. Strong sales in Japan and the United Stat...
- Uniqlo targets Rs 3,000-cr sales in 3 years, says CFO Kenji InoueUniqlo India aims for Rs 3,000-crore sales within three years, buoyed by its rapid growth and a recent milestone of Rs 1,000 crore in FY25....
- Uniqlo plans to expand production and sourcing in IndiaUniqlo is increasing its sourcing from India for its global operations. The company is also expanding production in India. Uniqlo sees Indi...
- India is crucial for Fast Retailing aim to become 10 trillion yen company, says Uniqlo executiveUniqlo sees India as a key market for its global growth strategy, aiming to leverage the country's potential to become a 10 trillion yen co...
- Uniqlo India profit jumps 25%, sales growth declinesUniqlo's sales growth in India slowed to 32% last fiscal year, but its net profit increased by 25%. The company reported a net profit of ₹8...
- Addition of global brands is unlocking value for Myntra: Nandita SinhaThe overall retail growth slowed to 6% in both March and April, increasing marginally to 9% in August and September before falling slightly...
- India tech valuations put to the test as global headwinds put pressure on earningsIndia’s tech sector index, which includes Infosys Ltd. and Tata Consultancy Services Ltd., rallied 12% in the three months through December...
- Retailers are opening bigger physical retail stores to fulfill consumers' need for better experienceRetailers in India are opening larger physical stores as consumers seek enhanced in-store experiences. The share of stores smaller than 2,0...
- H&M sales expand 40% in FY23, retains position as India’s largest fast fashion brand by revenuesH&M, the largest fast fashion brand in India, reported a 40% increase in sales for the year ending March 2023. However, this growth was low...
- Uniqlo India crosses Rs 600 crore annual sales, profit trebled during FY23The Japanese brand posted a net profit of Rs 68.38 crore with net revenues of Rs624.6 crore, according to its latest filing with the Regist...
- Uniqlo plans major manufacturing presence in IndiaOne of the world's most valuable clothing retailers, Uniqlo already has a cluster of production partners in India and is looking to expand ...
- Fewer Covid curbs push up rents in high street areasThe steepest rise was at New Delhi's Khan Market where rents increased by more than a fifth followed by 16-18% surge at Bengaluru's Brigade...
- Uniqlo posts Rs 129 crore sales, net loss of Rs 64 crore during first year in IndiaThe financials of Uniqlo, that opened its first store in October last year, is still better than several other apparel brands considering t...
- Zara profit jumps 45.5% to Rs 104 cr in FY20, revenue up 9.2% to Rs 1,570.54 croreZara had 22 stores operational in 12 cities as on March 31, 2020
- India critical growth market for us: Nippon ExpressIn September, Nippon acquired a 22% stake in the logistics arm of Future Group for Rs 646 crore. Nippon is focusing on international freigh...
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