How the denim industry is keeping itself green
India Retailing | Retail Business in India, Retail News
by Anagha R Ratna
51m ago
With the global denim segment projected to hit $95 billion by 2030, it poses a dual threat to both society and nature. Here are ways to render the industry more greener… Bengaluru: The denim industry stands as a cornerstone of fashion. Every year, more than 260 million pairs of denim products are produced and sold worldwide, according to a study from the 11th Global Conference on Global Warming, held in 2023. The global denim jeans market is projected to reach approximately $95 billion by 2030, up from $64 billion in 2022, as per the data analytics platform Statista.  According ..read more
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Levi’s opens store in Dhaka
India Retailing | Retail Business in India, Retail News
by Akshita Sharma
51m ago
The store offers Levis’s latest signature apparel and accessories for both men and women along with the iconic 501 jeans New Delhi: California-based apparel retailer Levis has opened a store on Banani Road in Dhaka, Bangladesh, revealed a top company executive on social media on Thursday. With an area of 2270 sq. ft., the store offers Levis’s latest signature apparel and accessories for men and women along with the iconic 501 jeans. “I’m thrilled to announce the opening of our inaugural Levi’s store in Dhaka, Bangladesh,” wrote Amisha Jain, Managing Director and SVP, South Asia, Middle East, A ..read more
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Swiggy secures shareholders’ nod to raise over Rs 10,400 cr via IPO
India Retailing | Retail Business in India, Retail News
by PTI
18h ago
 The Bengaluru-based company plans to raise up to Rs 3,750 crore funds through fresh equity shares, in addition to an offer-for-sale component of up to Rs 6,664 crore New Delhi:Food and grocery delivery major Swiggy has received shareholders’ approval for an initial public offering to raise Rs 10,414 crore fund through issue of fresh equity shares and an offer for sale, according to sources. A special resolution was passed at an extraordinary general meeting of Swiggy on April 23, they said. According to sources, the Bengaluru-based company plans to raise up to Rs 3,750 crore funds throug ..read more
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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon
India Retailing | Retail Business in India, Retail News
by Indiaretailing Bureau
18h ago
The city experienced healthy double-digit growth across various product categories New Delhi: Amazon.in has reported significant growth in the home and kitchen sector in Chandigarh, with double-digit increases in sales quarter-over-quarter (QOQ), a release by the company said on Thursday. The release added that the city has emerged as a key market, showcasing a strong preference for top brands such as Prestige, Havells, Borosil, and Nestasia. “We are thrilled to witness 30% Q-o-Q growth across Punjab and Chandigarh on Amazon.in for the home and kitchen business,” said K N Srikanth, Direct ..read more
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Hindustan Unilever shares dip over 1% post fourth quarter earnings
India Retailing | Retail Business in India, Retail News
by PTI
18h ago
The company’s stock dipped 1.25% to settle at Rs 2,231 apiece on the BSE New Delhi: Shares of Hindustan Unilever on Thursday dipped more than 1% after the company reported a 1.53% fall in consolidated net profit for the March quarter. The company’s stock dipped 1.25 % to settle at Rs 2,231 apiece on the BSE. During the day, it declined 1.94 % to Rs 2,215.25. On the NSE, shares of the company skidded 1.13 % to finish at Rs 2,234.60 per piece. In intra-day trade, it went lower by 1.99% to Rs 2,215.10. FMCG major Hindustan Unilever on Wednesday reported a 1.53 % decline in consolidated net profit ..read more
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Nestle India, Dr Reddy’s to form JV for nutraceutical brands in India, other agreed territories
India Retailing | Retail Business in India, Retail News
by PTI
20h ago
Dr Reddy’s will license brands such as Rebalanz, Celevida, Antoxid, Kidrich-D3, Becozinc in the nutrition, and OTC ( over the counter) segments New Delhi: Nestle India and Dr Reddy’s Laboratories Ltd on Thursday announced that they have entered into a definitive agreement to form a joint venture to bring innovative nutraceutical brands to consumers in India and other agreed territories. A joint press release from the companies said the partnership will bring together the well-known global range of nutritional health solutions as well as vitamins, minerals, herbals and supplements of Nestle Hea ..read more
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Royal Canin sets up packaging centre at Bhiwandi, Maharashtra
India Retailing | Retail Business in India, Retail News
by Indiaretailing Bureau
21h ago
The state-of-the-art facility is equipped with automatic packing machines and associated utilities New Delhi: Leading pet food brand Royal Canin has announced the opening of its new packaging centre at Bhiwandi in Maharashtra. The facility is a result of a Memorandum of Understanding (MoU) signed between Royal Canin and the Government of Maharashtra in April 2023. “India is one of the fastest-growing Petcare markets with CAGR of ~15%. Today, pet owners are becoming increasingly attentive to their pets’ health and well-being and wish to provide the highest quality of nutrition and care. At Roya ..read more
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Kylie Cosmetics by Kylie Jenner debuts in India
India Retailing | Retail Business in India, Retail News
by Indiaretailing Bureau
21h ago
Kylie Cosmetics will be available exclusively in 25 Sephora stores nationwide and online on www.sephora.in. Bengaluru: Kylie Cosmetics founded by American media personality Kylie Jenner has launched in India, partnering with beauty specialty company House of Beauty, the companies announced in a joint press release on Thursday. “I am so excited to launch Kylie Cosmetics in India. I created Kylie Cosmetics to give my fans access to the makeup products that I use and love, and I can’t wait to share my collection with all my fans in India,” said Jenner. The launch collection includes matte and vel ..read more
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DLF to reposition its Mall of India, Noida as a bridge-to-luxury shopping centre
India Retailing | Retail Business in India, Retail News
by Rasul Bailay
21h ago
The mall aims to tap into the growing appetite among Noida’s neo-rich residents for luxury items New Delhi: DLF Ltd. plans to reposition its premium Mall of India in Noida as a bridge-to-luxury shopping centre as the New Delhi suburb—boasting a high per capita income—is emerging as a hot destination for high-end retailers. “Noida as a catchment has a chunk of rich families by income distribution. Currently, it boasts several properties where apartments are sold in the range of Rs10-20 crore,” said Pushpa Bector, senior executive director and business head, DLF Retail, the shopping centre unit ..read more
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McDonald’s is back at East Delhi Mall
India Retailing | Retail Business in India, Retail News
by Indiaretailing Bureau
21h ago
The outlet, which opened on 16 April, boasts fresh aesthetics and is equipped with AI-integrated self-ordering kiosks New Delhi: Fast food chain McDonald’s has reopened its outlet at East Delhi Mall, in Ghaziabad, Uttar Pradesh with a fresh look. The restaurant was shut down due to renovation to upgrade it to a McCafe-like concept. “At East Delhi Mall, our commitment is to provide visitors with an exceptional experience, and the relaunch of McDonald’s seamlessly aligns with our vision”, said Gaurav Gulati, Managing Director of East Delhi Mall. The outlet, which opened on 16 April, boasts ..read more
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