Indian conglomerate Reliance Retail has acquired Telangana and Andhra Pradesh-based footwear and apparel retailer V Retail Pvt Ltd, which operates the Centro retail chain in India. SEE ALSO: Reliance …
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Carlyle Group buys majority stake in India’s VLCC
Global private-equity firm Carlyle announced on January 10 it has taken a majority stake in Indian skincare and beauty platform, VLCC. SEE ALSO: India’s Reliance in talks for Prabal Gurung stake [R…
Miniso opens 60 India stores in 2022, to focus on e-comm in 2023
Global lifestyle retailer, Miniso has revealed as of the end of 2022, it set a record in India for the highest number of new store openings since the pandemic, estimated […]…
India’s Reliance in talks for Prabal Gurung stake
Indian conglomerate, Reliance Retail, is said to be in talks to take a stake in American luxury fashion brand, Prabal Gurung. SEE ALSO: Reliance launches its first in-house premium fashion store [R…
Online marketplaces in India to reach USD 350 billion in GMV by 2027
With a large addressable market, growing online shopper base, and increasingly digitalised micro, small, and medium enterprises (MSMEs), online marketplaces in India contribute more than USD 100 billi…
Indian conglomerate Tata plans to open 20 ‘beauty tech’ outlets
The Tata Group plans to open as many as 20 “beauty tech” stores where it will offer virtual makeup kiosks and digital skin tests to attract young, affluent shoppers. SEE […]…
Nykaa Q2 sales up during India’s festive season
Indian beauty retailer Nykaa reported stellar sales during the festive season, due in large part to the country’s festive climate. Compared to the second quarter of 2021, the omnichannel retailer incr…
Starbucks celebrates 10 years of coffee in India
Today, Tata Starbucks Private Limited celebrates its 10th anniversary with the opening of the first Starbucks Reserve store in India and Starbucks Reserve Fort in Mumbai, Maharashtra. A testament to S…
Xiaomi’s growth further dampened in difficult Indian market
In the midst of growing scrutiny of Chinese companies in India, the court has refused to unfreeze USD 676 million worth of assets of Chinese smartphone company, Xiaomi Corp..…
Myntra partners with Macy’s to enter Indian market
Over 600 products from Macy’s private brands, which include Alfani, Karen Scott, Epic Threads, and Ideology, have been made available on Myntra e-commerce website.…