New businesses now 1/3rd of Nykaa's GMV; FY23 net down 53%
Falguni Nayar says that the company was able to disrupt and democratise both demand and supply for the industry.
retail
September 2023
August 2023
June 2023
December 2022
September 2022
QIA to buy 0.99% stake in Reliance Retail at ₹8.278 lakh cr valuation
This investment values Reliance Retail at a pre-money equity value of ₹8.278 lakh crore.
Bata rises 7% on possible partnership with Adidas
Through the partnership, the company is reportedly looking forward to catering to a wide range of customers ranging from budget-conscious consumers to premium consumers.
From ₹307 to ₹433: This stock surges over 40% in 3 sessions; here’s why
On Thursday, the microcap stock hit its upper circuit limit of 20%, before settling at ₹433.25, up ₹17.35% on the BSE.
Corporate India’s Luxury Bets
Corporate biggies such as Reliance and Aditya Birla Group go aggressive in luxury retail as high-earning Indians live it up.
6 Hits and Misses of Mukesh Ambani's 20 years as RIL Chairman
From petrochemicals to petroleum refining and further onto telecom and retail, Mukesh Ambani has built multiple business empires in the last two decades.
Reliance acquires METRO Cash & Carry India for ₹2,850 cr
The acquisition of METRO India aligns with RRVL’s strategy of building a model through collaboration with small merchants and enterprises, says Isha Ambani.
'General concern across industry is consumers being squeezed': The Body Shop CEO
In the backdrop of Russia-Ukraine war as well as higher inflation and energy costs, there is a general concern across the industry that the consumer is being squeezed, says David Boynton
Revenge consumption: consumers flock to stores as festivities near
Young fashion brand FabAlley & Indya expects festive sales in East India to grow by 70% over last year.
21% ‘ghost malls’ in top 8 cities in dilapidated state: Knight Frank
A lot of ‘ghost malls’ have sprung up in the organised retail sector in India, which comprise nearly 0.8 mn sq m in gross leasable space, shows Knight Frank's ‘Think India, Think Retail 2022’ report
