Shoppers Stop is looking to open four new stores this year and plans to invest Rs 120 crore.
The retail arm of the Tatas is closing stores in its loss-making value fashion format, Fashion Yatra, and is reworking its operations in Sisley brand.
Consumer durables firms and fashion retailers expect double-digit growth in value terms in the ongoing festival season as consumers have stepped up purchases during this period. They expect to see value sales growth upwards of 15 per cent, which is especially coming in from cities. However, volume growth may lag behind value growth.
Shopping websites say it is about first-mover advantage.
Bar Refaeli set the stage on fire as the model launched a new ad campaign for the fashion chain Rampage. Take a look.
The latest trigger has been Future group's buyout talk with the retail unit of Andhra Pradesh Chief Minister Chandrababu Naidu's family-owned Heritage Foods
Investment by US PE firm KKR will add fire to Ambani's battle for dominance in the retail market that is also being eyed by Jeff Bezos' Amazon and Walmart's Flipkart.
British clothing major Primark has axed its three Indian suppliers for allegedly using child labour to finish clothes sold on the country's high streets, drawing flak from activists who said the move makes the company's ethical claims ring 'hollow.'
Bill Gates with an estimated wealth of $86 billion topped the list for the fourth year running.
Former England soccer captain David Beckham will release his latest autobiography in October in a deal with a UK publishing unit of French media company Lagardere.
As freebies/gift vouchers attract GST, retailers are opting for straight discounts this festive season.
India has not made the giant leap that was needed.
Indira Kannan picks Made in Bangladesh, Greed, Moothon.
Nike has about 400 stores in India.
AND, W, Biba step up their game worldwide. While global brands go all out to woo India customers.
The Swedish fashion-retail brand cracks open the Indian market faster than its competitors, gaining from an aggressive pricing and retail policy.
A buoyant economic mood and tempting discounts, both online and offline, are fuelling a shopping frenzy this Diwali.
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