Arun Gupta, Chandrashekhar Navalkar exit Shoppers Stop

Two senior executives from Shoppers Stop, Arun Gupta, Chief Technology Officer and Chandrashekhar Navalkar, Chief Financial Officer have put in their papers. The exits are expected to be announced when the Mumbai-based retailer releases its quarterly results. The move comes at a time when all retailers are trying their best to keep the pressure points […]

Ready made garments among top Indian exports

Ready made garments (RMG) were among India’s leading export sectors during the last financial year, according to preliminary figures released by the Ministry of Commerce. During the fiscal year that runs from April 2011 to March 2012, shipments of ready-made garments, yarns and fabrics rose 18 per cent to $13.7 billion (Rs 71,692 crores). Cotton […]

Live-in: IPO, PE funds, retail expansion the way to go

In the last five years, Live-in brand has exponentially grown by around 400 per cent both in volume and value terms. With the aim of maintaining similar growth rates in the coming years, the company is now looking at Rs 150 crores revenue this fiscal. Federal Brands the promoters of the brand aims to achieve […]

Pizza makers Pizza Hut, Domino’s Pizza and others cut prices for higher sales

NEW DELHI/BANGALORE: Pizza makers seem to be doing a McDonald’s as they go all out to woo Indian consumers with rock bottom prices in order to drive volumes and higher sales in an inflationary economic environment. Last week, Yum Restaurants India-owned Pizza Hut rolled out 4-5 inch pizzas in select markets such as Gurgaon-NCR at […]

Hello Kitty to add magic to Indian wardrobes

Sanrio Co., Ltd., headquartered in South San Francisco, CA. world-wide designer and distributor of character-branded stationery, school supplies, gifts, and accessories and also the creators of Hello Kitty, have now ventured in to the apparels market in India. Sanrio Co., Ltd., will be launching ‘Hello Kitty Apparel’ in association with Twenty One Fashion Studio Pvt […]

Croma eyes Rs 250-cr sales from pvt labels in FY’13

Riding high on the growing demand for its private labels, Tata Sons-promoted Infiniti Retail, which operates a chain of multi-brand electronics stores under Croma, is eyeing a revenue of Rs 250 crore from its own brands and expects to break-even in the current fiscal. “We treat our private labels as brands and we sell what […]

Amazon.com Inc’s quarterly results beat Wall Street’s most bullish expectations

Amazon.com Inc’s quarterly results beat Wall Street’s most bullish expectations as heavy spending by the world’s largest internet retailer began to pay off through sales of more digital products on its new Kindle Fire tablet. Amazon shares surged almost 15%, increasing the company’s market value by more than $10 billion and boosting the stake of […]

Lacoste: Women to the rescue

Starting as a quintessential Polo-wear brand for men and expanding its portfolio over the years, Lacoste India has shifted its focus on women’s collection this year. This came as a part of the brand’s global repositioning strategy. With Portuguese fashion designer Felipe Oliveira Baptista as the new international creative director of the brand, the women’s […]

Mall rentals see 9-25% increase across high streets in India: Cushman & Wakefield

A latest report released by Cushman & Wakefield India reveals that mall rentals in high streets of Ahmedabad, Bangalore, Hyderabad, Kolkata, Chennai, and NCR witnessed a 9-25 percent increase across India, whereas rental values across most malls remained largely stable. The findings of the report are based on the survey of eight cities including Ahmedabad, […]

Park Avenue Woman unveils its flagship outlet in Mumbai

Park Avenue, India’s leading apparel brand from Raymond Group, unveiled flagship outlet of its women’s wear range ‘Park Avenue Woman’ at Grand Galleria, Phoenix Mills, Mumbai. The new store features the brand’s Spring/Summer 2012 collection for women, which is a range of stylish and sensuous formal wear for women. The collection prepared from light-weight fabric […]