Consumers across India are bullish, excited and more eager than ever to shop online during this festive season, as per a study conducted by Nielsen Media India, on behalf of Amazon India. 81 per cent indicated strong sentiment and intent; 78 per cent trust online shopping and 1 in 2 intend to increase online spending, […]
The Open Network for Digital Commerce (ONDC), an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, launched the “ONDC Network Gift Card.”This network-level gift card is set to empower companies for corporate gifting and employee engagement, offering consumers the freedom to shop across […]
Casio India has opened its first exclusive G-SHOCK retail store in Kurla, Mumbai. G-SHOCK watches are known for their durability and innovative designs, appealing to a wide audience with dynamic tastes. With options ranging from enduring ruggedness to off-road adventure style and contemporary sophistication, there’s a G-SHOCK timepiece for everyone. This store aims to redefine […]
Fashion brand AJIO on Thursday announced that its flagship event ‘All Stars Sale’ will start from 22 September. Customers got early access for a limited period of 6 hours starting 17 September. Commenting on the announcement, Vineeth Nair, CEO, AJIO, said, “All Stars Sale brings fashion’s biggest brands to customers giving them a truly enthralling […]
Ethnic clothing retailer Sai Silks (Kalamandir) announced on Monday that it has raised more than Rs 360 crore from anchor investors, days before the start of its Initial Public Offering (IPO). According to a circular posted on the BSE website, the company has allocated 1.63 crore equity shares to 26 funds at Rs 222 a […]
Louis Philippe, a men’s apparel brand and a division of Aditya Birla Fashion and Retail (ABFRL) appointed Shilpi Pachauri as the Head of Retail Operations. Pachauri took to LinkedIn to share this news saying, “I am thrilled to announce my new role as Head of Retail Operations at Louis Philippe.” “From managing diverse human resource […]
1 Hair Stop, an Indian hair extension brand is expected to launch a haircare range by December this year, specifically designed for their extensions, Raina Grover, Co-founder of the company said in an exclusive conversation with BW Retail World. “A lot of people do ask us what shampoo and conditioner they should use for the […]
Reliance Retail, under the control of Mukesh Ambani, is reportedly engaged in discussions with existing investors, including sovereign wealth funds from Singapore, Abu Dhabi, and Saudi Arabia, regarding a potential additional round of investments totaling around USD 1.5 billion. These talks are part of an internal objective to secure USD 3.5 billion in investments by […]
Uniqlo, the largest clothing brand in Asia, has reported a 69 per cent increase in sales, with its Indian unit nearly tripling its net profit for the fiscal year ending in March 2023. According to their latest filing with the Registrar of Companies, the Japanese brand achieved a net profit of Rs 68.38 crore, with […]
Shoppers Stop’s Managing Director and Chief Executive Officer (CEO), Venugopal G. Nair, has submitted his resignation, effective from the close of business hours on 31 August 2023, citing personal reasons. The company officially announced his departure on Thursday. The board of directors has accepted Nair’s resignation, acknowledging his desire to dedicate more time to his […]
