E-Commerce Startup Udaan Secures $280 mn Funding
E-Commerce Startup Udaan Secures $280 mn Funding

Udaan, a homegrown business-to-business e-commerce startup, has secured $280 million funding. The startup is aiming to serve more mom-and-pop businesses that are buying products online in the wake of the COVID-19 pandemic.

The round has also seen participation from existing investors including Chinese tech giant Tencent, Lightspeed Venture Partners, DST Global, GGV Capital, and Altimeter Capital, along with new investors, Octahedron Capital, and Moonstone Capital.

Founded in 2016, the Bengaluru-based firm is now valued at over $3 billion.

E-Commerce Startup Udaan Secures $280 Mn Funding

Amod Malviya, Co-Founder of Udaan, said in a press release, “COVID-19 has accelerated the already fast digital-led evolution of highly fragmented and unorganised Indian trade/ retail industry. While at the same time, the pandemic also highlighted the unique structure of the Indian economy, with millions of kiranas and neighborhood stores becoming the lifeline of our country at the time of crisis.”

“Udaan is at the forefront of this uniquely Indian eCommerce opportunity, emerging in the last 4 years as one of the largest eCommerce platforms in India, while taking an India-first mobile-first approach to eCommerce. This financing enables us to further our journey of taking eCommerce to the depth and breadth of the country, with Udaan's unique low-cost model for core middle India,” Malviya added.

The additional financing will be utilised by Udaan to expand the B2B e-commerce market and improve capabilities to serve small and medium businesses and achieve profitability.

 
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Retail India News: ABFRL Board Approves Vertical Demerger of Madura Fashion and Lifestyle Biz
Retail India News: ABFRL Board Approves Vertical Demerger of Madura Fashion and Lifestyle Biz
 

Following the announcement on April 1, 2024, the Board of Directors of Aditya Birla Fashion and Retail Limited (ABFRL) has greenlit the proposal for a vertical demerger of Madura Fashion and Lifestyle business (MFL Business) into a newly formed company named Aditya Birla Lifestyle Brands Ltd. (ABLBL). The demerger, anticipated to unlock significant value for ABFRL shareholders, will result in two separate listed entities with distinct capital structures and independent growth paths.

The demerger, to be executed via an NCLT scheme of arrangement, will ensure that all ABFRL shareholders hold identical shareholdings in both ABFRL and ABLBL post-completion. Following the demerger, the two listed companies will be delineated as follows:

Aditya Birla Lifestyle Brands Ltd. (ABLBL) will encompass:

  • Lifestyle brands: Louis Phillippe, Van Heusen, Allen Solly, and Peter England
  • Casual wear brands: American Eagle and Forever 21
  • Sportswear brand: Reebok
  • Innerwear business under the Van Heusen brand

Aditya Birla Fashion and Retail Ltd. (ABFRL) will house a portfolio of growth platforms, including:

  • Value Retail: Pantaloons and Style Up
  • Ethnic Portfolio: Comprehensive ethnic wear portfolio covering various occasions, price points, and consumer segments
  • Luxury: Luxury platform including The Collective, Galleries Lafayette, and select luxury brands
  • Digital brands: TMRW – a portfolio of digital-first fashion brands

Upon completion of the demerger, shareholders of ABFRL will receive one share of ABLBL for every one share held in ABFRL, in addition to their existing ABFRL shares. The business assets and liabilities will be distributed between the two companies in accordance with regulatory provisions, with an estimated Rs 1000 crore. debt transferred to ABLBL.

Within 12 months of the demerger's completion, ABFRL aims to raise approximately Rs. 2500 crore. in equity capital to bolster its balance sheet and fund the growth of its remaining businesses, with full support from the promoter group. The proposed demerger is subject to approval from shareholders, creditors, regulators, and customary approvals, with PWC LLP as the statutory auditors, AZB as the legal counsels, and Bansi S Mehta Valuers LLP providing independent valuation services.

 

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Retail India News: RedTape Partners With EasyEcom as an E-commerce Efficiency Advocate
Retail India News: RedTape Partners With EasyEcom as an E-commerce Efficiency Advocate
 

RedTape has announced its joint venture with EasyEcom, marking a pivotal moment for both companies. This collaboration aims to drive efficiency, scalability, and superior customer experience in the dynamic world of e-commerce. RedTape Ltd with EasyEcom will scale up and combat order and warehouse management challenges. The partnership lets RedTape’s management team gain enhanced visibility into operational health. 

At RedTape, we are committed to delivering exceptional products and experiences to our customers. Joining forces with EasyEcom is a strategic move towards achieving operational excellence. This partnership will not only streamline our processes but also enhance our ability to meet the ever-evolving demands of the e-commerce landscape," said Arvind Verma, Director, RedTape. 

We are excited to join hands with RedTape Ltd in their journey towards e-commerce operational excellence. EasyEcom's robust solutions will empower RedTape to streamline its operations, optimize efficiency, and elevate the overall customer experience. Together, we aim to set new benchmarks in the e-commerce industry," commented Punit Gupta, Co-Founder and CEO, EasyEcom.

The partnership targets groundbreaking advancements in operational efficiency and customer-centric solutions. Currently headed by Shuja Mirza, the Managing Director, RedTape specializes in premium clothing and footwear for all genders, age groups, and all occasions.

 

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Retail India News: Levi’s Debuts Diverse Range of Fits with Deepika Padukone
Retail India News: Levi’s Debuts Diverse Range of Fits with Deepika Padukone
 

As summer arrives, Levi’s introduces a range of new fits, offering close to 15 options for customers in India. From retro-inspired flares to laid-back loose styles and timeless classic straight cuts, Levi’s has something for everyone, ensuring there’s a pair for every mood, style, and occasion. The brand’s campaign, “New Fits, Infinite Possibilities,” features Deepika Padukone, the brand ambassador and fashion icon, showcasing the latest fits.

With rising temperatures, Levi’s presents "Loose Fits," focusing on comfort and effortless '90s-inspired style. The collection includes the Low Loose and High Loose, catering to both low-waist and high-waist preferences. Additionally, the '94 Baggy and '94 Baggy Wide Leg offer an easy baggy silhouette for a double dose of '90s love.

"Straight Jeans" remain a timeless choice, with options like the vintage-inspired Wedgie Straight and the Ribcage Straight Ankle, featuring a high rise and a summer-ready ankle crop. The 80’s Mom jeans combine a high waist, relaxed silhouette, and tapered leg for a nostalgic yet trendy look.

Levi’s introduces a range of "Flared Jeans," including The Ribcage Cropped Boot, Ribcage Wide Leg, and the latest addition, the Ribcage Bell, featuring a super exaggerated bell leg for an elongated look.

"Levi’s has always been a pioneer in women’s jeans and has brought together quality and fashion. For our consumer, style is such an expression and extension of self and this range of fits looks to give women the options they look for, for every occasion. Deepika Padukone as our brand ambassador, really embodies how you can express yourself in denim and through this campaign, we hope that women will find that new favorite pair, in which their style comes to life,” said Amisha Jain, MD and SVP at LS and Co South Asia, Middle East, Africa.

The "New Fits. Infinite Possibilities" campaign invites women to explore and experiment with Levi’s, ensuring limitless options for every style preference. The collection starts at Rs 2799 and is available online the website and across Levi’s stores in India.

 

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Retail India News: Max Fashion Unveils 'Urban' Label Targeting Youth Market
 Retail India News: Max Fashion Unveils 'Urban' Label Targeting Youth Market
 

Max Fashion, a leading fashion conglomerate in India, has recently introduced its newest brand, Max Urban, specifically tailored for the burgeoning youth demographic. With a vision to redefine style, self-expression, and the shopping experience, Max Urban offers a bold and progressive aesthetic that resonates with today's confident and fearless youth.

The brand's groundbreaking "Love Labels" campaign revolutionizes the concept of size and fit, aiming to promote body positivity and self-love. By replacing traditional size labels with affirmations like "Xtra Special" and "Stunning," Max Urban celebrates diversity and encourages customers to embrace their individuality.

Sumit Chandna, President & Deputy CEO of Max Urban, emphasizes the significance of this campaign, stating, "Size labels can be a source of self-confidence for many shoppers, especially youth. Our 'Love Labels' campaign transforms size tags into affirmations of self-love, empowering you to feel confident in what you wear."

The inaugural collection of Max Urban features casual, vacation-inspired prints and tranquil patterns, catering to the fashion preferences of the youth market. Priced affordably, starting from just 199 INR, the collection will be available both in Max Fashion's 500+ retail stores and on their newly launched e-commerce platform.

Love Labels will be accessible at select 50+ stores across major cities, offering international fashion at competitive prices. Max Urban aims to expand its reach further in the coming year, solidifying its position as a trailblazer in the Indian fashion industry.

Max Fashion, renowned for its commitment to democratizing fashion, continues to resonate with consumers across the Middle East and India. With a diverse portfolio catering to men, women, and kids, Max Fashion maintains its status as the largest family fashion brand in both regions. Through its omni-channel approach, including a user-friendly website and engaging app, Max Fashion ensures a seamless shopping experience for millions of fashion-conscious consumers.

 

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Godrej Interio Unveils Summer Vibe Sale, Showcasing Custom Furniture Solutions
Godrej Interio Unveils Summer Vibe Sale, Showcasing Custom Furniture Solutions
 

Godrej Interio, a division of Godrej and Boyce and a flagship company of the Godrej Group, has launched its latest campaign, "Summer Vibe Sale," spotlighting the diverse preferences of customers in their furniture choices. The campaign, comprised of three films, captures Godrej Interio's extensive range of aesthetically designed furniture tailored to meet the needs of modern Indian families.

Each film portrays stories of customized solutions for personal spaces, reflecting the unique style and specific requirements of individual customers. The first film follows a young couple as they draw inspiration from various sources, including social media and magazines, before visiting the Godrej Interio store. It illustrates the seamless transition from imagination to reality, emphasizing the brand's commitment to fulfilling customers' desires.

In the second film, viewers are presented with a plethora of options for customizing sofas at Godrej Interio. From a wide selection of fabrics to diverse designs and layouts, customers can personalize their sofas according to their preferences and requirements.

The third film offers a glimpse into the heart of the home—the kitchen. A charming vignette depicts a couple's playful interaction over breakfast, leading them to explore the Godrej Interio Kitchen Gallery. Here, they discover a perfect blend of functionality and aesthetics tailored to their tastes and needs.

Through these narratives, Godrej Interio's "Summer Vibe Sale" campaign highlights its commitment to providing tailored furniture solutions that resonate with the diverse lifestyles and aspirations of its customers.

Speaking about the films, Sumeet Bhojani, Head of Marketing Communications, Godrej Interio said, "Godrej Interio continues to be an integral part of modern Indian families and their journey towards personalization. We offer our consumers a wide range of furniture catering to their needs. For instance, our latest range of Upmods furniture offers endless customisation possibilities of each component to the consumers.

Bhojani further said, “Our latest campaign gives you a glimpse of a varied range of furniture and furnishing solutions that the brand has to offer right from the colours to the material of the furniture. At Godrej Interio, we firmly believe in empowering customers to create spaces that reflect their unique personalities. Through these films, we invite viewers to embark on a journey of discovery and creativity with us. This approach has enabled us to build and maintain the love and support of consumers for over a century.”

Ayan Chakraborty, Executive Vice President & General Manager, Contract Mumbai, shares the inspiration behind the commercial, “Summer is a great season and a reason to refresh our homes, also because the new year is celebrated across many states in the country. The Godrej Interio Summer Vibe campaign focuses on kitchens, sofas and other furniture in a series of 3 films.”

Chakraborty added, “The Indian consumer is both particular and fastidious about her choices when it comes to choosing a kitchen build or furniture and Godrej Interio with its extensive range of designs, materials, colours and configurations delivers on this mindset quite seamlessly.”

 

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Uniqlo Introduces New AIRism Collection
Uniqlo Introduces New AIRism Collection
 

Uniqlo has unveiled its latest AIRism collection for the 2024 Spring/Summer. 

The new range is available to shop in online & offline stores. The product will reduce sweat and stuffiness that cause discomfort as the temperature rises. 

The women’s AIRism innerwear range includes the new UV Protection Crew Neck Long-Sleeve T-Shirt designed to protect against ultraviolet rays.

The items are offered in a new material featuring a texture comprising 7 percent silk. Additionally, the T-shirt has a deodorizing feature that prevents unpleasant body odors caused by sweat, and it also has moisture-wicking properties for more comfort.  

The Mens AIRism product lineup offers the new mesh type Ultra Seamless Anti-Odor Mesh Boxer Brief. Curated with breathable material, this range also has a deodorizing function which makes it perfect for days with widely variable temperatures. To reduce stuffiness, the briefs in the menswear collection are three times more breathable than the regular boxer briefs. 

Cotton oversized T-shirts are among Uniqlo’s best-selling products because of their cotton-like texture feel, and designs. The women’s collection consists of the new AIRism Drape T-shirts with refreshingly cool designs. 

UNIQLO AIRism is a leading example of LifeWear, providing the ultimate comfort by helping to regulate the microclimate between clothing and skin.

 

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Retail India News: LoveChild by Masaba & Shoppers Stop Beauty Collaborate to Elevate Beauty Retail Experience
Retail India News: LoveChild by Masaba & Shoppers Stop Beauty Collaborate to Elevate Beauty Retail Experience
 

LoveChild by Masaba, the beauty brand conceptualized by Indian fashion designer and actress Masaba Gupta, has unveiled its newest Shop-in-Shop at Shoppers Stop, situated within R City Mall, Ghatkopar. The Shop-in-Shop serves as a beacon for beauty enthusiasts seeking products that go beyond the conventional. In addition to the shop-inshop kiosk, LoveChild by Masaba products will also be available on the Shoppers Stop Beauty online store.

With a focus on innovation and inclusivity, the brand invites customers to explore its diverse range of cosmetics, each designed to inspire confidence and creativity. The launch of the LoveChild by Masaba at Shoppers Stop marks the beginning of a dynamic partnership between two entities dedicated to redefining beauty standards and empowering individuals to express themselves authentically.

The new Shop-in-Shop embodies the essence of LoveChild by Masaba's ethos, offering a diverse array of high-quality products tailored for individuals of all ages, skin tones, and cultural backgrounds. This strategic collaboration with Shoppers Stop aligns perfectly with the brand’s vision to explore the dynamic beauty and personal care market in India and marks a significant milestone in the brand's omnichannel expansion strategy, bridging the gap between online and offline shopping experiences.

"We are thrilled to embark on this transformative journey alongside Shoppers Stop," said Masaba Gupta. "This partnership represents a shared vision to revolutionize the beauty retail experience, where creativity meets accessibility. Through our Shop-in-Shop and Online Retail at Shoppers Stop, we aim to empower consumers to embrace homegrown beauty brands that offer powerful formulations and solutions where skincare meets beauty.”

Pratik Mukherjee, Head of Brand at LoveChild by Masaba added, " This marks the beginning of our Shop-in-Shop partnership with Shoppers Stop and will accelerate our offline expansion in key cities/locations helping us reach a wider audience providing them access to our innovative beauty offerings, both online and offline. We have an aggressive retail expansion planned through this year with strategic partners like Shoppers Stop who cater to a diverse audience across their Shoppers Stop and Shoppers Stop Beauty formats."

Commenting on the launch, Biju Kassim, Customer Care Associate, and CEO of Beauty at Shoppers Stop stated, "We are thrilled to launch LoveChild Kiosk at Shoppers Stop and proud to serve as their offline retail partner. This partnership with LoveChild by Masaba exemplifies our commitment to offering customers cutting-edge and premium beauty products at Shoppers Stop. We look forward to continuously serving all our patrons with the best that beauty has to offer.”

As LoveChild by Masaba celebrates this milestone, it is excited to share that more kiosks will be opening in the coming months across other cities, further expanding the reach and bringing LoveChild Masaba closer to the diverse audience across the nation.

 

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Retail India News: SOM Distilleries & Breweries Ltd Appoints Anand Agrawal as CMO, Signals Strategic Expansion Move
Retail India News: SOM Distilleries & Breweries Ltd Appoints Anand Agrawal as CMO, Signals Strategic Expansion Move
 

SOM Distilleries & Breweries Ltd. proudly announces the appointment of Anand Agrawal as its new Chief Marketing Officer, signaling a strategic move to strengthen its market presence. With over two decades of expertise in brand management and market expansion, Agrawal brings a wealth of experience to his new role.

Agrawal's extensive career spans prominent companies such as Hindustan Unilever Ltd, United Spirits Ltd (Diageo), and Pernod Ricard India Pvt Ltd. His successful tenure in these organizations is marked by significant improvements in market share and consumer preference for renowned brands.

At SOM Distilleries & Breweries Ltd, Agrawal will spearhead marketing strategies for flagship brands like Woodpecker, Hunter, Black Fort, Power Cool, and Milestone Blue. His focus will be on enhancing consumer preference and establishing a stronger brand connection, while also venturing into premium beer, Scotch, and Indian Single Malt (ISM) segments.

Expressing his enthusiasm, Agrawal stated, "I am profoundly honored to join SOM Distilleries & Breweries Ltd. My aim is to leverage my industry experience to elevate our presence in luxury and premium segments, prioritizing consumer insights in our strategic approach."

Diwakaran Suryanarayana, Chief Operating Officer of SOM Distilleries & Breweries Ltd, commented, "We are thrilled to welcome Anand to our leadership team. His expertise in brand enhancement and visionary market strategies will drive our growth trajectory."

In addition to marketing, Agrawal will focus on talent development and strategic structuring of the company's Indian-Made Foreign Liquor (IMFL) business, with a special emphasis on Scotch and ISM categories. He will also lead efforts to enhance operational efficiencies and foster brand loyalty.

Agrawal's appointment underscores SOM Distilleries & Breweries Ltd's commitment to innovation and consumer-centric approaches. His immediate takeover marks a pivotal moment in the company's journey towards market leadership.

For Agrawal, professional development is a priority, evident in his educational pursuits and mentorship initiatives. His diverse interests in travel and cinema enrich his understanding of cultural narratives, which he integrates into brand storytelling and consumer engagement strategies.

Anand Agrawal assumes his role as Chief Marketing Officer effective immediately, poised to drive SOM Distilleries & Breweries Ltd towards greater success in the dynamic beverage industry.

 

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Retail India News: Agrimax Foods Introduces a Range of Nutrient-packed Millet-based Baked Delights
Retail India News: Agrimax Foods Introduces a Range of Nutrient-packed Millet-based Baked Delights
 

Agrimax Foods LLP, a certified food solutions company, is thrilled to unveil its latest venture, 'Bake&Co.' This innovative brand aims to revolutionize the realm of Millet-based baked products by prioritizing health, nutrition, and exceptional taste. Supported by the government's PMFME scheme, Bake&Co. is poised to elevate microfood enterprises nationwide.

Driven by a commitment to maximize the agricultural value chain, Agrimax Foods sources raw materials directly from farmers, ensuring quality and sustainability. With a focus on 'Healthy Snacking,' Bake&Co. offers a delectable range of baked treats, including Millet Cookies and Indulgence Cookies. The Millet Cookies cater to health-conscious consumers, crafted from gluten-free, sugar-free, and preservative-free ingredients like millet, oats, fruits, nuts, seeds, and natural jaggery. On the other hand, the Indulgence Cookies provide a luxurious indulgence without compromising on health standards.

Looking ahead, Bake&Co. plans to expand its product line to include Millet-based ready-to-eat snacks such as savories, namkeen, breakfast cereals, energy cookies, protein-rich cookies, and diabetes-friendly options. With India's millet-based packaged food market projected to grow at a CAGR of 9.2 percent until 2032, reaching an estimated value of $91.1 million, Bake&Co. is poised to capitalize on this burgeoning opportunity.

The brand will be available across India via direct-to-consumer channels and e-commerce platforms, as well as select retail outlets, vending machines, and retail chains in metro cities. Furthermore, Bake&Co. plans to export its products to countries with a high demand for Millet-based value-added goods.

The establishment of Bake&Co.'s manufacturing unit in Gautam Buddha Nagar has been made possible through the PMFME scheme, with Agrimax Foods receiving substantial support, including a Rs. 10 lakh subsidy. Ms. Shivani Tomar, District Horticulture Officer (DHO), Department of Horticulture and Food Processing, Gautam Budhha Nagar, praised the scheme's impact, emphasizing its role in empowering local food enterprises.

Monica Kohli Srivastava, Co-Founder & Chief Marketing Strategist at Agrimax Foods LLP, expressed gratitude for the PMFME scheme's support, highlighting its contribution to the company's growth and innovation. She added, "Bake&Co. represents our dedication to offering premium, healthy baked goods while promoting sustainability in the food industry. We are excited to share our passion with customers and contribute to a healthier, more responsible future."

 

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Droom Introduces Four Innovative Products Revolutionizing the Used Car Ecosystem
Droom Introduces Four Innovative Products Revolutionizing the Used Car Ecosystem
 

Droom has rolled out a set of products curated to revolutionize the used car industry on the occasion of its 10th Founding Day Anniversary. 

The new offerings include MyDroom, AdReach, goDigital, and Chairman Club are all set to empower consumers, businesses, and dealerships that will provide comprehensive solutions for every stage of the car ownership journey. 

MyDroom features a personalized dashboard, proactive smart diagnostics, easy access to service schedules & renewals, hassle-free expense management, secure document storage, and multi-car management capabilities. Powered by AI, the product offers personalized recommendations, improves vehicle performance, and enhances its lifespan. Additionally, the product also enables users to stay connected with multiple car services such as repairs, roadside assistance, car washes & more

AdReach will be providing solutions for web publishers and advertisers alike. The automotive product authorizes web publishers to maximize their advertising revenue while providing advertisers with target reach and measurable results.  

goDigital will enable businesses of all sizes to establish their digital presence effortlessly. The product offers two options E-Commerce store and App Edition, and E-Commerce store & App Edition with EMS. 

Chairman Club, a suite of seller services, offers multiple automobile services including used vehicle procurement, dealer financing solutions, digital marketing tools, high-quality leads, & more. 

“Droom has always been a trailblazer in leveraging AI and technology to disrupt the used car industry, We are not only pure-play E-Commerce for automobiles but also have built tech products and real IP. With these four products, we are expanding Droom’s charter not only while a transaction is happening but entire lifecycle management and helping enterprises, OEMs, dealers, and advertisers not only on the Droom platform but beyond the Droom platform too. We are confident that these solutions will empower our partners and customers, propelling the Indian used car market towards a brighter future.” said Sandeep Aggarwal, Founder & CEO of Droom.

The company started executing its commercial operations on 21st November of the year 2014 and since then, it has managed to sell 580k automobiles worth $7.3bn, 2.0mil automobile services, and 23.1k cloud dealers. Droom made its presence in 1,176 cities with 16 million app downloads, and 1.8 billion as the sum of MAUs. 

 

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Retail India News: Catch Spices Achieves Milestone, Joins Rs 1000 Cr Club
Retail India News: Catch Spices Achieves Milestone, Joins Rs 1000 Cr Club
 

Catch Spices, a flagship brand of DS Group, has made headlines by entering the prestigious INR 1000 crore club in the packaged spice industry. With an impressive growth rate of 24 percent in recent years, Catch Spices is now aiming for a robust Compound Annual Growth Rate (CAGR) of around 30 percent over the next five years.

Expanding its horizon, Catch Spices is diversifying its product range to include herbs, gourmet gravies, cooking pastes, and more. This move comes as the packaged spices industry in India witnessed substantial growth, reaching approximately Rs 34,000 crores in 2023, with Catch Spices outperforming the industry standards.

Rajiv Kumar, Vice Chairman of DS Group, expressed his excitement, stating, "Catch Spices' relentless commitment to quality and understanding of consumer preferences has propelled us to this milestone. Our focus remains on delivering purity, taste, and convenience."

With over 125 variants and 300 SKUs, Catch Spices has become a household name, reaching more than 2 crore households across India. Leveraging modern trade and e-commerce platforms, the brand has demonstrated remarkable growth, surpassing industry benchmarks.

Supported by brand ambassadors like Akshay Kumar and Bhumi Pednekar, Catch Spices has resonated with consumers through its campaign "Kyunki khana sirf Khana nahi hota," emphasizing the emotional connection to food. The brand's increased focus on digital marketing and strategic partnerships further strengthens its market presence.

Catch Spices' journey to the Rs 1000 crore club signifies its unwavering dedication to excellence and innovation, promising a flavorful future for Indian kitchens.

 

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Retail India News: Rivpra Formulations' Premium Skincare Line Oteria Hits D2C Market
Retail India News: Rivpra Formulations' Premium Skincare Line Oteria Hits D2C Market
 

Rivpra Formulations, a leading pharmaceutical company, has made a significant foray into the Direct-to-Consumer (D2C) segment with the unveiling of its latest venture - Oteria, a premium skincare brand. Oteria, built on the innovative concept of ‘circadian rhythm,’ offers gender-neutral skincare solutions aimed at promoting holistic health for the skin.

With an initial lineup of 19 meticulously crafted products, Oteria plans to expand its range to 50 by 2026. This expansion reflects the company's commitment to providing comprehensive skincare solutions aligned with the body’s natural rhythms.

Oteria's products are now available on popular e-commerce platforms like Amazon and Flipkart, as well as on its own D2C platform. Additionally, the brand aims to reach a wider audience by partnering with renowned platforms such as Nykaa, Foxy, Tira Beauty, Zepto, and Blinkit.

Vibhor Rastogi, Director of Rivpra Formulations Pvt. Ltd., emphasized the brand's mission, stating, “Oteria’s launch marks an exciting milestone in our journey to provide inclusive skincare solutions directly to consumers. In today's digital age, we understand the importance of meeting consumers where they are, and our partnership with various e-commerce platforms enables us to do just that.”

All Oteria products are manufactured at Rivpra Formulation’s state-of-the-art facility in Sidcul, Haridwar, ensuring adherence to the highest quality standards set by WHO-cGMP. Rastogi highlighted the brand's commitment to developing products aligned with the body’s circadian rhythm, underscoring Rivpra Formulation's expertise in pharmaceuticals and skincare.

 

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Polar Bear Opens 137th Store in Hyderabad
Polar Bear Opens 137th Store in Hyderabad
 

Polar Bear recently teamed up with MadHawks to promote the launch of their new store in Gachibowli, Hyderabad, marking their 16th outlet in Hyderabad and 137th in India. Through a strategic influencer marketing campaign involving 14 influencers primarily in food and lifestyle content creation. The campaign generated over 2 million views and reached 1.5 million people, contributing to a successful store launch characterized by long queues over the weekend and a complete sell-out on weekdays.

Founded in 2008 with its first ice cream parlor in Bangalore, Polar Bear - The Ice Cream Sundae Zone has garnered continuous love and appreciation from its customers, leading to expansion across multiple locations nationwide.

Prashant P., Vice President at Polar Bear, expressed gratitude for MadHawks' seamless execution of the influencer campaign, highlighting their expertise in identifying the right influencers and exceeding expectations with a strategic approach. He commended the entire MadHawks team for their outstanding support and professionalism.

In March 2024, Polar Bear launched its new outlet in Gachibowli, Hyderabad, partnering with MadHawks to leverage social media's influence. Influencers visited the new store, sampled ice cream sundaes, and shared their experiences through Instagram reels, which collectively reached over 1.5 million people and garnered more than 2 million views and 20 thousand likes within a few days.

The continued organic views on the reels underscored the effectiveness of MadHawks' influencer marketing strategy. Ravi Kumar, the founder & CEO of MadHawks, attributed the campaign's success to their commitment to adding value for partners, a philosophy ingrained in the company since its inception. He expressed pride in the social media team's hard work and passion, thanking Polar Bear for entrusting them with the opportunity.

 

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Tech Meets Style: Havells Launches Cutting-Edge BLDC+ Fans
Tech Meets Style: Havells Launches Cutting-Edge BLDC+ Fans
 

Havells India Limited, a leading Fast-Moving Electrical Goods (FMEG) Company launched a new campaign, showcasing its commitment to catering to the dynamic consumer requirements with its technologically advanced, energy efficient, and designer range of fans.

Havells rolled its latest BLDC+ fan range, showcasing innovative features targeting aspirations of tech savvy consumers: Albus, an elegantly crafted MDF wooden blades with reversible designs, this fan enhances any room's ambiance with mood-setting underlighting and dimming capabilities.

Control is seamless with an all-encompassing RF remote, offering breeze and sleep modes, plus a timer for ultimate convenience.  Stealth Voice revolutionizes your space with India’s first voice-controlled fan — no need for WiFi, internet, or smartphone connections. Experience unmatched silence and efficiency with a 245 cmm air delivery at just 40 W power consumption.

Crista, elevates smart home living with its IoT integration, allowing for seamless control via the Havells Sync app, Amazon Alexa, or Google Assistant, and is complemented by a telescopic canopy for automatic adjustment with ceiling height and dust-resistant blades.

Florette has adaptive comfort with its Smartsense mode, automatically adjusting fan speed in response to room humidity and temperature, for an effortlessly optimized environment. Elio UL BLDC+ embrace minimalist elegance with this sleek fan, consuming only 28 Watts. Available in a variety of colors including mist pearl white, matt black, and pinewood finishes.

The brand resonates with the thought that whenever the consumer felt the need to experience something new from their fans, they have looked up to Havells, a brand that has always delivered industry best experience. It celebrates the idea of “As much as you look up to us, we look up to you (for inspiration)”. These fans represent more than just technological excellence; they are a symbol of inspiration, drawing from the very needs and desires of the consumers.            

Havells BLDC+ campaign, conceptualised by Mullen Lowe Lintas, the campaign is a montage of everyday moments, that encapsulates the journey beautifully, giving a unique touch to the product storytelling. It brings the 'technology and innovation' narrative to life, highlighting the advanced features of Havells fans. The ad film aims to showcase how each innovation is a step forward in responding to the customers' evolving needs, reinforcing Havells commitment to excellence and leadership in the fan category.

Talking about the campaign, Deepak Bansal, Executive Vice President, Havells India, said, “Havells continues to be a trusted name, maintaining a strong presence in the fan category through relentless progression and a focus on driving innovation. Our new range BLDC+ fans epitomize the culmination of technology with aesthetics which are the major evolving key buying factor of a consumer. From introducing smart sense technology to designing aesthetically superior fans, Havells has pioneered innovative solutions fans to enhance the customer experience”.

Commenting on the campaign, Rohit Kapoor, EVP – Brand Marcom, Havells India said, “Innovation is the cornerstone of our journey at Havells, driven by a deep understanding and anticipation of our consumers' needs. Through our persistent efforts, Havells has emerged as the brand of choice for many. Our latest BLDC+ campaign is a testament to our enduring commitment to telling compelling stories that resonate with our audience. It underscores how Havells fans have been instrumental in meeting the evolving demands of our customers. We believe that this campaign, with its compelling narrative will not only celebrate our brand's heritage but also further solidify Havells' position as a leader in the fan category”.

Talking about the campaign, Ram Cobain, Chief Creative Officer, Mullen Lintas, said, “ By their very nature, ceiling fans make us look up to them. Our campaign shows how Havells has instead, always looked up to its consumers and sought inspiration from their lives. Every fan is so much more than just a fan; it is an empath, an enabler, and a friend. Our is a range film with ‘heart’ – technology in true service of unsaid human desires, warm, intuitive and beyond the utilitarian.”

The brand has tied up with Vikrant Massey, Aditi Rao Hydari and Mamta Mohan Das to promote the range as key digital influencers. The 360-degree campaign is live and promoted across all mediums – Television, Digital, influencer marketing, Outdoor, BTL and retail visibility. It will be aired during the IPL series on star sports, major GEC, movie, news, and regional channels across the country.

 

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Retail India News: Deepika Padukone’s 82°E Announces Offline Retail Debut & Multi-Channel Partnership with Reliance Retail’s Tira
Retail India News: Deepika Padukone’s 82°E Announces Offline Retail Debut & Multi-Channel Partnership with Reliance Retail’s Tira
 

Global Indian Icon Deepika Padukone's self-care brand 82°E has announced a strategic partnership with Reliance Retail’s cutting-edge beauty platform, TIRA. This collaboration marks a significant expansion from 82°E’s successful D2C model to a first-time retail experience in the country through an online and offline presence. Through this partnership, 82°E will continue its mission to make the practice of self-care a simple, joyful, and effective part of everyday life for the TIRA community.

After a year of promoting Simplified Skincare (Cleanse - Hydrate - Protect), establishing product efficacy, and building a strong loyal community in India and across the globe, 82°E is now poised for accelerated growth with this transformative partnership with TIRA. 82°E is expanding its reach by making its popular Skincare, Body Care, and Men’s range, featuring best-selling products like Ashwagandha Bounce, Lotus Splash, and Turmeric Shield available on TIRA. 82°E products, previously accessible through the D2C platform, will now extend their reach to the Tira platform, marking their offline debut at handpicked Tira stores in select markets across North, West, and South India.

This partnership aims to democratize access to premium skincare products to a more diverse audience by harnessing Co-founder Deepika Padukone’s holistic wellness vision and leveraging Reliance Retail’s extensive offline and online network and technological capabilities.

Commenting on the collaboration, Isha M Ambani, Executive Director, Reliance Retail Ventures Limited stated, “We are excited to partner with 82°E, a brand renowned for its commitment to self-care and holistic wellness. This collaboration takes forward TIRA’s vision to bring accessible yet aspirational beauty to every Indian and allows us to provide our customers with access to a range of premium skincare products. Together, we aim to elevate the self-care experience for consumers everywhere, introducing 82°E products to offline retail for the very first time."

Speaking about the partnership, Deepika Padukone, Co-Founder, 82°E added, “We’re thrilled to announce that 82°E is now on TIRA, Online and In-Stores. This collaboration is an outcome of our shared values: to Simplify Skincare and to make Self-Care an effective and enjoyable part of our everyday lives. Through TIRA’s Online and Offline platforms, we are excited to bring 82°E's Bestsellers and award-winning Formulations, along with the best of 82°E Skincare, 82°E Body Care, and 82°E Man to our consumers across the country.”

Reliance Retail’s Tira is an omnichannel retail platform that offers personalized experiences to customers and has a curated assortment of the best global and home-grown brands, making it the go-to destination for all things beauty. 82°E has set out to become one of the most trusted modern self-care brands with a range of rigorously sourced products across skincare and body care.

Consumers will have easy access to 82°E products through the Tira app, website, and at select Tira stores.

 

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Retail India News: Philips Expands Innovation Footprint in India
Retail India News: Philips Expands Innovation Footprint in India
 

Royal Philips, a global leader in health technology, has marked the ground-breaking ceremony of a new R&D centre to expand its Healthcare Innovation Centre (HIC) in Pune, Maharashtra, illustrating India’s growing importance for healthcare innovation around the globe. Situated in a 10-acre plot in MIDC, Chinchwad, the upcoming facility will have an office space of approximately 300,000 sq. ft in the first phase and will house 1900 employees.

The new center, to be operational in two years, will accommodate R&D teams from the company’s Image Guided Therapy, Precision Diagnosis, Monitoring, and Sleep & Respiratory businesses. By integrating all teams in one center, Philips will be able to optimize for scale, speed, and efficiency while also supporting resource and best practice sharing across businesses. Working on innovative health technologies, the new centre will contribute to Philips’ global mission to improve the lives of 2.5 billion people a year by 2030.

Underscoring a commitment to sustainability, the new centre will have Green Power, provide EV charging provisions, and encourage bicycle commuting. In addition to being a significant landmark in Philips’ global footprint, the launch of this center also strengthens Philips’ commitment to taking a technology-first approach towards expanding access to care.

Collectively employing a strength of over 9000 employees, the Healthcare Innovation Centre in Pune, the Innovation Campus in Bengaluru, the Global Business Services in Chennai, and the commercial team headquartered in Gurgaon, are integral to Philips’ operations in India. Together, they are also fully committed to support the Indian government as it aims to meet its healthcare goals of strengthening the medical devices industry in India.

“Since its inception 130 years ago, Philips has been driven by a sharp focus on innovating for the future. In keeping with this objective, our Healthcare Innovation Centre in Pune provides unique and far-reaching capabilities to address the needs of both Indian and global markets. This new center will further strengthen our commitment to supporting the Indian healthcare ecosystem with innovative and sustainable solutions and leveraging the same for customers globally” said Bert van Meurs, Executive Vice President and Chief Business Leader of Image Guided Therapy, Chief Business Leader of Precision Diagnosis (ad interim), and responsible for Diagnosis & Treatment.

“Philips Healthcare Innovation Centre is at the forefront of understanding and responding to some of the outstanding healthcare challenges both in India and in global geographies. With the launch of this new centre, we will be able to design more innovative end-to-end solutions and collaborate better with healthcare providers as we look to meet our common goal of attaining better health outcomes,” said Peeyush Kaushik, Vice President and Head of Healthcare Innovation Center, Pune.

Established in 2011, Philips Healthcare Innovation Centre (HIC), Pune, is focused on multi-modality healthcare R&D and smart manufacturing, complete product development incorporating customer feedback to commercialization and operational excellence. It is committed to developing an innovation ecosystem and providing a competitive cost advantage in developing global products while aligning with the Indian government’s Make in India initiative. With a reach expanding across 140 countries, Philips HIC plays a key role in Philips’ strategy.

Earlier in November 2023, Philips India inaugurated its innovation campus in Yelahanka, Bengaluru. Accommodating over 5,000 professionals in a 650,000 sq. ft. facility, the new campus will focus on innovative health technologies aimed at improving patient experiences, achieving better health outcomes, improving staff experiences, and lowering the cost of care.

 

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Retail India News: Kalyan Jewellers Records 34 pc Revenue Growth, Opens 10 New Stores in Q4
Retail India News: Kalyan Jewellers Records 34 pc Revenue Growth, Opens 10 New Stores in Q4
 

Kalyan Jewellers has reported robust quarterly numbers with a 34 percent YoY growth in consolidated revenue in the January-March quarter. 

The company said it logged a revenue growth of about 38 percent YoY from its India operations during the fourth quarter of FY24. The growth was backed by upbeat same-store sales growth, which was the highest in Q4 as compared to other quarters in FY24. Its Indian business recorded a revenue growth of about 36 percent during the full year FY2024 as compared to the prior year.

The Middle East contributed about 14 percent to the consolidated revenue in the concluding quarter, the company revealed in an exchange filing. The region witnessed a revenue growth of about 14 percent in the fourth quarter, backed by healthy same-store sales. For the full year concluding on March 31, 2024, the company reported revenue growth of about 11 percent from its Middle East business.

The company also opened 10 new stores in India during the quarter. It launched two new showrooms in the Middle East during the same time period. The company also said, “In addition to the 5 LOIs (letters of intent) for FOCO (franchise owned company operated) showrooms executed during December 2023, we have signed an additional 3 LOIs for conversion of existing company-owned showrooms to franchised ones over the next 6 months as part of the previously announced plan to reduce debt / invested capital in the region.”

The company also announced that its digital-first jewelry platform, Candere, recorded revenue growth of about 12 percent in the fourth quarter, as it witnessed “encouraging trends in its already opened physical showrooms.”

 

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Retail India News: Royaloak Furniture on Expansion Spree, Launches 168th Store in Assam
Retail India News: Royaloak Furniture on Expansion Spree, Launches 168th Store in Assam
 

Royaloak Furniture, India's furniture brand, has further solidified its presence in Tamil Nadu with the inauguration of a new store in Tiruvallur. With this, the brand marks an impressive 168th store opening in the country. This expansion underscores Royaloak's commitment to providing quality furniture solutions to the people of Tamil Nadu.

Covering an impressive 12000 square feet, this store boasts an extensive array of furniture for every part of the home, including living rooms, bedrooms, dining areas, and more. Tiruvallur's residents can now discover a wide variety of both stylish and functional furnishings. Royaloak is a go-to destination for all home furnishing needs, that offers sofas, beds, dining tables, chairs, recliners, mattresses, interior decor items, and a comprehensive selection of office and outdoor furniture, all conveniently located in their neighborhood. This store adds to the brand's presence in Tamil Nadu, making it a total of 11 stores in the region.

Speaking at the launch event, Vijai Subramaniam, Chairman, Royaloak Furniture said, "Today marks an exceptional day for the entire Royaloak team as we continue to grow, celebrating the inauguration of our 167th store. We are genuinely excited about our expansion in Tamil Nadu, especially with our latest store launch in Tiruvallur. This underscores Royaloak's dedication to providing top-quality furniture at accessible prices to our valued customers. I extend my best wishes to the franchise owners as we eagerly anticipate serving customers and assisting them in finding the ideal pieces to complete their dream homes."

The store boasts a carefully curated and exclusive 'Country Collection,' showcasing the finest and most unique furniture selections from countries such as the United States, Italy, Turkey, Malaysia, and India. Through its dedicated standalone stores, Royaloak aspires to elevate the aesthetic appeal of homes with its modern, luxurious, and budget-friendly furniture offerings. The brand has been fulfilling the lifestyle requirements of its expansive customer base, exceeding 5 million individuals.

Royaloak has a presence across PAN India including all the metro cities and the distinctive Tier II and III cities of India, making the Royaloak India Furniture Brand which has a vast presence from Kashmir to Kanyakumari and Gujarat to Nagaland.

 

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Retail India News: Jewelry Brand Zavya Names Ravi Malani as New COO & Co-Founder
Retail India News: Jewelry Brand Zavya Names Ravi Malani as New COO & Co-Founder
 

Zavya has announced the appointment of former Snapdeal senior leadership team member, Ravi Malani, as its new co-founder. The appointment demonstrates Zavya’s resolve to supplement its diverse spectrum of products and augment its core business.

Malani, Co-Founder of Zavya, shared his delight in the appointment, saying, “I’m thrilled to become a part of Zavya’s goal of fabricating everyday fine jewelry accessible and elegant for all women. The Indian fine jewelry landscape presents an excellent opportunity for Zavya. With this association, I am looking to strengthen existing silver jewelry categories and foray into areas like gold and lab-grown diamond market.”

With Malani, Zavya is navigating a course for remarkable expansion, driven by the performance history of the dynamic duo. Malani's diverse experience at Snapdeal, managing performance marketing and leading projects in analytics and growth strategies, will significantly contribute to Zavya's strategic direction and team management.

Poem Kabra, Founder and CEO of Zavya, welcomed the accomplished addition to the leadership team, stating, "I'm thrilled to welcome Ravi as Zavya's co-founder and COO. His e-commerce expertise aligns with our vision and will drive Zavya towards becoming a leader in the fine jewelry Market. Ravi's skills complement mine, enhancing our strategic decisions to expand and diversify our product range, form strategic partnerships, and offer a seamless omnichannel experience for our customers. We're confident that Ravi's track record at Snapdeal will significantly contribute to Zavya's pioneering success in the industry."

 

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Retail India News: Sleepyhead Launches First Retail Store in India
Retail India News: Sleepyhead Launches First Retail Store in India
 

Sleepyhead, a leading D2C lifestyle and innovative sleep solutions brand, has opened its first offline retail store in India. Launched in Banaswadi, Karnataka, this move marks a significant milestone for the e-commerce brand Sleepyhead as it expands its presence into brick-and-mortar retail, providing customers with a hands-on experience of its wide range of products.

Recognizing the significance of providing consumers with personalized shopping experiences, Sleepyhead has broadened their footprint by venturing into offline retail spaces. This move is geared towards embracing the importance of building a deeper connection with customers and catering to those who value physical interaction with products before committing to a purchase. By extending its reach to offline stores, Sleepyhead aims to engage with a wider audience and cultivate trust among consumers. The unveiling of the new store reinforces Sleepyhead's commitment to delivering top-notch sleep products while fortifying its position within the retail realm.

Banaswadi has been specifically chosen as the location for the brand’s first store for its dynamic demographic profile, bustling urban atmosphere, and thriving residential community. The vibrant energy and diverse population of the region perfectly align with Sleepyhead's brand ethos and target audience, making it an ideal setting to introduce innovative sleep solutions to the market.

The new store aims to provide a welcoming environment where consumers can explore Sleepyhead's range of sleep products, including mattresses, pillows, bedding accessories, as well as a stylish collection of sofas, recliners, and storage solutions for living spaces. With a focus on experiential shopping, the store offers a cozy atmosphere, interactive displays, and personalized assistance from sleep experts, alongside exclusive promotions and events. Consumers can discover a variety of options to suit their sleep needs and lifestyle preferences.

Speaking on the development, Sridhar Balakrishnan, CEO, Duroflex Group said, “Our venture into the offline segment with our first store marks a big move in Sleepyhead’s brand journey. While e-commerce has been instrumental in reaching our consumers, comprising primarily the youth nationwide, our brick-and-mortar presence offers a unique opportunity for them to directly engage with our brand. This expansion not only strengthens our brand's visibility and accessibility but also opens up new avenues for business and growth. By combining the convenience of online shopping with the tactile experience of in-store browsing, we aim to provide our customers with a truly immersive shopping experience, ensuring that they find the perfect sleep solution tailored to their needs.”

Sleepyhead has plans to further expand their footprints across the country and provide unique retail experiences to the consumer. The brand endeavours to provide consumers with a more convenient and cutting-edge range of sleep solutions by enriching their shopping experience.

 

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Retail India News: Tribe Amrapali Set to Open 20th Store, Expanding Retail Footprint Across India
Retail India News:  Tribe Amrapali Set to Open 20th Store, Expanding Retail Footprint Across India
 

Tribe Amrapali, a dynamic sub-brand of the renowned House of Amrapali, is making waves in the Indian retail scene with its contemporary and budget-friendly jewelry designs. Embracing an experimental design ethos, the brand primarily focuses on crafting exquisite pieces in silver, gold-plated silver, and fashion jewelry. In a significant stride, Tribe Amrapali is gearing up to launch its 20th store in the early months of this year, marking a pivotal moment in its journey.

Since its inception with an E-Store in March 2013, Tribe Amrapali has emerged as a beacon of traditional folklore embodied in youthful vibrance. Rooted in rich cultural narratives, the brand weaves tales of local myths into its collections, creating a dynamic tapestry of identity and expression.

With recent store openings at prime locations including Mumbai Airport, Hyderabad International Airport, and Ambience Mall Vasant Kunj, Tribe Amrapali has been expanding its presence rapidly. The inauguration of their 18th store at Pacific Mall in Delhi signifies their growing influence in the retail landscape. Now, their 20th store is set to debut in Pune, further solidifying their position in the market.

"We have always seen a 50:50 ratio in the percentage of sales online and in store and our target audience would be the evolved women of today, spread across ages. Our collections are diverse, reflecting in our prices which range from Rs 500 to  Rs 1,75,000. With more stores, we hope to expand our reach to more consumers of jewellery in India, allowing them to engage with our products before purchase; and with 7 of our stores being in airports across India, we hope to expand our reach to more cities and countries in the world as well," says Akanksha Arora, CEO of Tribe Amrapali.

Tribe Amrapali's strategic expansion into airport locations aligns with its vision of reaching a broader audience both domestically and internationally. Currently, 7 out of their 20 stores are situated in airports across India, capitalizing on the growing footfall in these hubs. Recent statistics indicate a substantial increase in domestic footfall, with numbers more than doubling from 2014 to 2024.

Cities like Hyderabad, Bengaluru, Ahmedabad, and Delhi have witnessed exponential growth in airport foot traffic over the past decade, presenting ample opportunities for retail expansion. Tribe Amrapali's presence in these key airports positions them to connect with travelers from diverse backgrounds, fostering global engagement.

Looking ahead, Tribe Amrapali plans to introduce new metals and expand its range of stones, catering to evolving consumer preferences. By bridging geographical gaps and offering an extensive product range, the brand aims to strengthen its foothold in major cities across India, ensuring accessibility for jewelry enthusiasts nationwide.

 

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Retail India News: G-SHOCK Opens First Exclusive Store in New Delhi
Retail India News: G-SHOCK Opens First Exclusive Store in New Delhi
 

Casio Computer Co. Ltd, headquartered in Japan and the parent company of Casio India, has launched its first Exclusive G-SHOCK Store in New Delhi, marking the sixth addition to its exclusive store network across the country. With this latest addition, Casio & G-SHOCK now boast a total of 61 Exclusive stores across India, reaffirming the brand's dedication to providing unmatched experiences for its customers nationwide.

Nestled in the lively neighborhood of Pacific Mall Subhash Nagar, this new G-SHOCK Exclusive Store is set to become a cornerstone of horological excellence in the heart of the capital city. This exclusive G-SHOCK store promises an immersive experience, dedicated to showcasing the diverse product portfolio.

Boasting an extensive line-up of G-SHOCK's iconic men's and women's range, this store is a haven for anyone who appreciates its rugged elegance and precision engineering. Central to the store's offerings are G-SHOCK's masterpiece series, including the legendary 5600 and 2100 series, alongside a curated selection of the latest drops and coveted limited-edition timepieces. From rugged functionality to cutting-edge design, each G-SHOCK timepiece embodies the brand's ethos of innovation, durability, and style.

Speaking about the launch, Hideki Imai, Managing Director, Casio India said, “We are thrilled to unveil our first Exclusive G-SHOCK Store in New Delhi, a city well-known for authentic style, creative expression, and diverse culture. With the launch of this store, we are excited to bring our latest drops and a curated G-SHOCK range to the Delhi audiences. With superior craftsmanship and differentiated designs, G-SHOCK timepieces offer a compelling choice that resonates with the dynamic tastes and preferences of today’s audience. We look forward to welcoming our customers to our new store at Pacific Mall, Subhash Nagar.”

 

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Retail India News: Flipkart Unveils Grocery Fulfillment Center in Visakhapatnam, AP
Retail India News: Flipkart Unveils Grocery Fulfillment Center in Visakhapatnam, AP
 

Flipkart, India’s homegrown e-commerce marketplace, has expanded its footprint with the launch of its grocery fulfillment center in Visakhapatnam, Andhra Pradesh, offering next-day grocery deliveries to local consumers. Leveraging its local consumer insights, Flipkart will offer a curated range of popular regional brands such as Freedom and Heritage, among others, along with an expansive range of over 6,000 products from categories such as dairy, eggs, chocolates, staples, cleaning aids, and more.

Visakhapatnam is one of the fastest-growing e-commerce destinations in India and a major market for online groceries. Over the years, it has seen an influx of consumers from various segments who are prioritizing convenience and value for their grocery needs. Given Flipkart’s offering of a wide assortment of value selections, it has witnessed strong growth in grocery demand and daily orders by local consumers, which has led to the launch of its second grocery fulfillment center in the state after Vijayawada.  

The new fulfillment center, which is spread across 77,000 square feet, will cater to 8,000 orders per day in Visakhapatnam, along with Anakapalle, Kakinada, Rajahmundry, Srikakulam, and Vizianagaram. It will generate close to 1,000 direct and indirect employment opportunities while uplifting the livelihood opportunities of numerous small businesses, MSMEs, and local farmers in the region.

Talking about the launch, Srideep Kesavan, CEO at Heritage Foods said, “We at Heritage Foods deeply value the great partnership we have with Flipkart. With one of the widest distribution reach, Flipkart is a critical partner for our growth, especially as we expand our brand reach across the country. We constantly strive to serve our shoppers with a wide variety of products and packaging options for every occasion and delight them with the highest quality that we are known for.”

Rajneesh Kumar, Chief Corporate Affairs Officer at Flipkart Group asserted, "Being a homegrown company with a consumer-first approach, we are happy to launch our second grocery fulfillment center in the state. Andhra Pradesh has been one of our key priority markets where we are seeing significant demand for online groceries among local consumers. We acknowledge the strong growth opportunity in the state, and with the launch of this new fulfillment center, consumers will have easy access to fresh groceries being delivered to them the next day at the convenience of their homes. This investment reinforces our commitment to reach the length and breadth of Bharat, bridging the digital gap and making online shopping more seamless for consumers while empowering local businesses, MSMEs, and farming communities and creating local job opportunities.” 

Commenting on the launch, Hari Kumar G, Vice President, Head of Grocery, Flipkart stated, “Andhra Pradesh is a fast-growing market for us, and consumers are increasingly moving to online shopping for their daily grocery needs. Our new fulfillment center in Visakhapatnam will address this growing demand as we offer a broad array of superior-quality groceries at great value to consumers on the next day. Through this launch, we aim to elevate consumer satisfaction while improving the growth of the overall region.”

Earlier, reliant on the Vijayawada fulfillment center, consumers of Visakhapatnam and nearby regions will now receive their grocery deliveries the next day at the right value. Flipkart continues to foster socio-economic growth in the regions it serves by empowering regional MSMEs, sellers, and farmers, while also supporting local businesses involved in food processing, logistics, packaging, and related sectors. Leveraging innovative technology, Flipkart Grocery enhances user engagement with features such as voice-enabled shopping, credit options, and open-box delivery, ensuring an elevated shopping experience.

 

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Retail India News: Malabar Gold & Diamonds Surpasses Rs 50,000 Cr Milestone in Annual Revenue
Retail India News: Malabar Gold & Diamonds Surpasses Rs 50,000 Cr Milestone in Annual Revenue
 

Malabar Gold & Diamonds, a global leader in the jewelry industry, proudly announces a historic achievement, clocking an annual retail turnover of Rs 51,218 Crore Indian Rupees in the previous fiscal year. This milestone underscores the brand's unwavering commitment to excellence and customer trust.

With an ambitious vision for expansion, Malabar Gold & Diamonds plans to inaugurate new stores in lucrative markets including New Zealand, Egypt, Bangladesh, and various European destinations. The company aims to introduce 100 new stores within the next year, reinforcing its position as a premier jewelry destination worldwide.

To accommodate this rapid growth, Malabar Gold & Diamonds plans to expand its workforce by hiring an additional 7,000 employees, bringing the total count to 28,000. This expansion not only reflects the brand's commitment to job creation but also highlights its dynamic and inclusive work culture.

Furthermore, the company is set to extend its footprint across various Indian states such as Jharkhand, Goa, Assam, Tripura, and Jammu & Kashmir, solidifying its presence in the domestic market.

MP Ahammed, Chairman of Malabar Group, expressed his pride in the brand's accomplishments, and said, "Maintaining our position as a Responsible Jeweller is our utmost responsibility. Given our extensive global presence, we maintain our dedication to responsibly sourcing gold, ensuring it is mined without infringing upon the rights of individuals, particularly children, animals, and their habitats, assuring ethical practices, and transparent fund management. This commitment has earned us the trust and loyalty of our customers. We remain dedicated to sourcing responsibly mined materials and contributing positively to the communities we serve."

In addition to its impressive retail network, Malabar Gold & Diamonds boasts state-of-the-art design studios, training facilities, and research and development departments. The company collaborates with renowned consulting firms like Ernst & Young, Deloitte, Accenture, and IBM to ensure operational excellence.

Customers can expect unparalleled value and service through initiatives like the "One India One Gold Rate" scheme, offering consistent pricing nationwide. Malabar Gold & Diamonds also provides customers with 10 promises, including transparent pricing, lifetime free maintenance on jewelry, and certified diamonds, cementing its commitment to quality and customer satisfaction.

With its dedication to responsible sourcing, ethical business practices, and customer-centric approach, Malabar Gold & Diamonds continues to shine as a beacon of excellence in the global jewelry landscape.

 

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Retail India News: Blue Star Unveils Extensive Lineup of Affordable and Premium Room Air Conditioners
Retail India News: Blue Star Unveils Extensive Lineup of Affordable and Premium Room Air Conditioners
 

Blue Star Limited, a leading name in home cooling solutions, has announced the launch of its latest range of Room Air Conditioners (ACs) tailored for the upcoming summer season. With a focus on affordability and premium features, the company has introduced over 100 models, catering to diverse consumer needs.

The surge in demand for room ACs, particularly from the expanding middle class with increased disposable incomes, has prompted Blue Star to offer a wide selection of ACs across different price segments. This move aligns with the shifting perception of ACs from a luxury to a necessity, especially evident in Tier II, III, and IV markets.

Blue Star's commitment to meeting this demand is evident in its investment in manufacturing, research, and development, resulting in innovative and high-quality AC offerings. The new range encompasses inverter, fixed-speed, and window ACs, providing options for every budget and requirement.

A Look at the 2024 Air Conditioner Range:

Inverter Split ACs: Blue Star has introduced three categories in this segment - flagship, premium, and affordable ranges, spanning 2-star, 3-star, and 5-star variants. These models offer various cooling capacities, starting from 0.8 TR to 2.2 TR, with prices beginning at Rs 29,990. Each unit is equipped with innovative features like 'AI Pro', 'Turbo Cool', 'Convertible 6-in-1 cooling', and Nano BluProtect Technology, ensuring maximum comfort and efficiency.

Flagship Range: The flagship models feature advanced technologies such as 'Super Energy-Efficient ACs', 'Heavy-Duty ACs', 'Smart Wi-Fi ACs', 'Hot & Cold ACs', and 'ACs with Anti-Virus Technology'. Additionally, a special 80th-year anniversary edition AC has been introduced, boasting cutting-edge features and commemorating Blue Star's legacy.

Blue Star has bolstered its manufacturing capabilities with a state-of-the-art facility in Sri City, Andhra Pradesh, alongside existing plants in Himachal Pradesh. These facilities ensure a production capacity of over a million room ACs, poised to increase to 1.8 million units in the near future.

Expanding its outreach, the company is making significant strides in e-commerce and modern trade channels, supported by robust distribution networks and a focus on customer service. With a network of over 2,100 service centers and a fleet of service vehicles, Blue Star ensures prompt after-sales support.

B Thiagarajan, Managing Director of Blue Star Limited, expressed optimism about the future, citing “The market for room ACs is at its inflection point and is poised to grow exponentially over the next few years. Industry estimates reckon that the market will more than double by 2030. This represents a huge opportunity for us, having over 80 years of AC expertise and being well-entrenched in the marketplace.”

He further adds, “Blue Star continues to make significant investments in R&D, manufacturing as well as supply chain to enhance competencies and capabilities to leverage the growing demand effectively. We anticipate the forthcoming summer season to be strong and expect the demand for room air conditioners to be robust. We are confident that with our formidable battalion of room ACs, cutting across all consumer segments and price points, we will grow faster than the market.

 

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Retail India News: United Spirits Expands Portfolio with 15pc Stake Acquisition in Pistola Agave Spirits Brand
Retail India News: United Spirits Expands Portfolio with 15pc Stake Acquisition in Pistola Agave Spirits Brand
 

United Spirits, a prominent player in the alcohol beverage industry, has taken a significant step towards diversification by acquiring a 15 percent stake in Inspired Hospitality, the parent company of Pistola, for Rs 5.65 crore. This strategic move aims to solidify United Spirits' presence in the premium craft segment.

According to a BSE filing on Thursday, United Spirits will subscribe to 3,494 Compulsory Convertible Preference Shares (CCPS) and 10 equity shares of Pistola. This acquisition constitutes approximately 15.0 percent of Pistola's paid-up share capital, on a fully diluted basis.

Pistola, founded in 2010 by Rakshay Dhariwal and Radhika Dhariwal, specializes in agave spirits, operating in development, marketing, and sales. Despite not owning a bottling unit facility, Pistola efficiently outsources this function to a third party.

The investment underscores United Spirits' commitment to tapping into emerging market segments. By leveraging Pistola's expertise in agave spirits, United Spirits aims to enhance its footprint in the premium craft beverage market.

Moreover, United Spirits has expressed interest in potentially acquiring the remaining shares held by other shareholders, contingent upon Pistola's achievement of specific pre-agreed milestones within a defined timeframe.

Pistola, recognized as one of India's emerging premium agave brands, began its commercial operations in December 2021. Alongside its presence in India, Pistola's products enjoy distribution across the USA, Singapore, and Thailand.

With this strategic partnership, United Spirits is poised to capitalize on the growing demand for premium craft beverages, further cementing its position as a leader in the alcohol beverage industry.

 

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Retail India News: Lifestyle Appoints Ritesh Mishra as Deputy CEO to Drive Retail Innovation
Retail India News: Lifestyle Appoints Ritesh Mishra as Deputy CEO to Drive Retail Innovation
 

In an exciting development for the retail industry, Landmark Group announced the appointment of Ritesh Mishra as the new Deputy Chief Executive Officer (CEO) of Lifestyle. With an impressive 23 years of experience in the retail sector, Mishra's expertise promises to usher in a new era of growth and innovation.

Mishra's responsibilities in his new role will focus on expanding corporate footprints and cementing market leadership, reflecting his extensive background and capabilities. Devarajan Iyer, Executive Director and CEO of Lifestyle India, expressed enthusiasm about the appointment, stating, "We are thrilled to welcome Ritesh Mishra to our team. His extensive experience and proven track record in the retail industry make him a valuable addition to our leadership team."

Ritesh Mishra is a seasoned business leader with a successful track record in fashion and retail. His strategic mindset and passion-driven leadership have consistently delivered results. With a diverse background spanning offline and online retail operations, buying, merchandising, supply chain management, and P&L management, Mishra is poised to drive long-term business goals.

Mishra's commitment to achieving scale and profitability is evident from his past endeavors, including his role as Managing Director at Marks and Spencer Reliance India Pvt Ltd. His appointment underscores Lifestyle's dedication to innovation and growth in the retail sector.

 

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Retail India News: Gargi by PNGS Goes Nationwide, Lands in Chennai, Shillong, and Kanpur
Retail India News: Gargi by PNGS Goes Nationwide, Lands in Chennai, Shillong, and Kanpur
 

Gargi by P N Gadgil & Sons (PNGS), a leading name in fashion jewelry, has rapidly expanded its reach by launching Gargi Shop-in-Shop (S-I-S) at Shoppers Stop in Chennai, Shillong, and Kanpur within just a week. This strategic move solidifies Gargi's presence in the Indian fashion scene, now spanning 18 locations across ten major metro cities and six states.

The Indian fashion jewelry market is on the rise, projected to hit $2,126.3 million by 2027, with Gargi poised to capture a significant share of this burgeoning market.

Aditya Modak, Co-founder of Gargi by PNGS, expressed "We are thrilled with our rapid expansion into new territories, setting the stage for an exhilarating brand presence in 2024. Our mission is to continue reaching more customers and offering them our distinctive, high-quality jewellery pieces at affordable prices. We warmly welcome the communities of Kanpur, Chennai, Shillong, and nearby regions to explore our offerings and anticipate strategically launching more such stores across various territories."

Crafted with 92.5 percent sterling silver, premium brass, and dazzling diamonds, Gargi's signature collection embodies elegance and style. The brand's rapid expansion underscores its commitment to providing top-tier fashion jewelry and unparalleled shopping experiences nationwide.

Named after Goddess Durga and inspired by the ancient scholar Gargi from the Ramayana, Gargi symbolizes beauty, integrity, and scholarship. Thriving under the legacy of P N Gadgil & Sons, Gargi upholds operational excellence while carving its path in the fashion jewelry industry.

With an eye on the future, Gargi sets ambitious goals, aiming to surpass $100 billion in sales within the next two years. With its aggressive expansion plan and unwavering commitment to quality, Gargi is poised to redefine standards in the retail industry.

 

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Retail India News: New Balance Steps into Pune with Debut Store at Phoenix Mall
Retail India News: New Balance Steps into Pune with Debut Store at Phoenix Mall
 

New Balance, the iconic sports footwear and apparel brand, has officially inaugurated its first-ever store in Pune, marking a significant expansion move into one of India's thriving urban hubs. Situated within the bustling Phoenix Mall of the Millennium, Wakad, this store signifies New Balance's commitment to providing a unique retail experience tailored to the diverse needs of Indian consumers.

Following the successful launch of its store in Hyderabad, New Balance continues to solidify its presence in the Indian market, bringing its latest retail concept to Pune. The store showcases a meticulously curated collection designed to cater to both professional athletes and fashion-conscious individuals, embodying New Balance's ethos at the nexus of sports and culture.

Radeshwer Davar, Country Manager of New Balance India, expressed his excitement, stating, "We are delighted to open our first-ever store in Pune. Our brand perfectly complements Pune's dynamic and cosmopolitan lifestyle, making it a great fit in our expansion journey across India."

The store's layout fosters a sense of community engagement, inviting customers to connect and explore their personal style within a vibrant atmosphere. Visitors to the Phoenix Mall of the Millennium store will have the opportunity to experience New Balance's latest innovations firsthand, including the acclaimed Fresh Foam X and FuelCell technologies, along with iconic offerings such as the 1080, 550, 327, and 9060 models.

New Balance, headquartered in Boston, MA, boasts a rich heritage dating back to 1906 and is committed to empowering individuals through sport and craftsmanship. With a global workforce of 9,000 associates and reported worldwide sales of $6.5 billion in 2023, New Balance continues to drive positive change in communities worldwide.

The opening of the Pune store underscores New Balance's dedication to providing high-quality products and immersive retail experiences, setting the stage for further expansion and engagement with customers across India. 

 

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Retail India News: Sai Silks Kalamandir Dazzles with Fine Silver Jewellery Debut
Retail India News: Sai Silks Kalamandir Dazzles with Fine Silver Jewellery Debut
 

Ethnic wear powerhouse Sai Silks Kalamandir Ltd (SSKL) has unveiled its latest venture into the world of fine silver jewelry. Branded as Rasamayi, the new jewelry outlet marks a significant expansion of SSKL's product range, as announced in a press release on Wednesday.

Nestled within its flagship Kalamandir store in Visakhapatnam, the jewelry boutique promises a fusion of tradition and modernity, catering to the tastes of discerning customers. Managing Director Prasad Chalavadi expressed his enthusiasm, stating, "We are excited to enter a new market that resonates with our values, and appreciates jewellery, fashion, and beauty."

As the wedding season approaches, the saree-jewellery combo offering aims to elevate the shopping experience for patrons. Chalavadi further added, "Customers can look forward to exploring an exquisite collection of premium silver accessories that blend tradition with contemporary allure."

From temple jewelry to lightweight designs, the product lineup encompasses a diverse array of styles, including antique nakshi, Victorian, kundan, and moissanite jewellery.

SSKL's retail footprint spans four distinct formats, including Kalamandir, Mandir, Varamahalakshmi Silks, and KLM Fashion Mall, alongside robust e-commerce channels. Since its inception in 2005, the company has burgeoned to encompass 60 stores across Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu, boasting an expansive combined floor space exceeding 6 lakh sq. ft.

Last year's IPO marked a pivotal moment for SSKL, facilitating its ambitious expansion plans. As Chalavadi noted, "One of the key reasons for raising funds through the stock markets was aggressive expansion."

With its latest foray into the realm of fine silver jewellery, Sai Silks Kalamandir continues to captivate fashion enthusiasts with its commitment to quality and innovation.

 

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Retail India News: MARS Cosmetics Sets Ambitious Expansion Goals
Retail India News: MARS Cosmetics Sets Ambitious Expansion Goals
 

MARS Cosmetics is an Indian cosmetics brand dedicated to creating 'makeup for everyone'. The brand has significantly expanded its reach by successfully launching kiosks in different cities nationwide. With the recent launch of its latest kiosk in Z Square Mall, Kanpur, the brand has further extended its presence to include Elante Mall in Chandigarh, Gaur City in Greater Noida, Pacific Jasola in Delhi, The Mall of Faridabad in Haryana.

The brand recently welcomed another kiosk at Pacific Mall, Netaji Subhash Place to enhance its offline presence and facilitate accessibility to its consumers.

Rishabh Sethia, Director and Business Administrator at MARS Cosmetics expresses his enthusiasm about the company's recent achievements and plans, stating, "We are delighted to witness the overwhelming response to our newest kiosk in Kanpur and are grateful for the continued support from our valued customers. Each launch represents a significant milestone for MARS Cosmetics as we strive to bring our high-quality products closer to consumers across India. We are excited about the upcoming openings in Ahmedabad, Surat, Mohali, and Udaipur, which will further strengthen our presence in key markets." 

With the expanding network of kiosks, MARS Cosmetics remains committed to offering innovative beauty solutions and personalized customer experiences. With a diverse range of makeup and beauty tools, the brand aims to empower people to express their unique styles and enhance their natural beauty.

 

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Retail India News: Quba Homes Unveils 'RAW' Collection: Redefining Modern Luxury Furniture
Retail India News: Quba Homes Unveils 'RAW' Collection: Redefining Modern Luxury Furniture
 

Quba Homes is a bespoke furniture styling studio known for incorporating complex and artistic elements into modern designs. Founded in 2019, they curate furniture inspired by both modern and classical eras, delivering design solutions with an emphasis on quality manufacturing. The brand recently launched its latest luxury collection, 'RAW,' setting a new benchmark in contemporary furniture design.

According to Quba Homes' Founder, Puneet Budhiraja, “RAW defines itself by Redefined, Avant Garde, Workmanship, where every piece of furniture speaks volumes with its premium touches. The distinctive designs in our bespoke furniture collection redefine what it means to be luxurious and create a powerful design statement."

Here's a glimpse of some standout pieces from the collection:

1) Arch Coffee Table: Inspired by 'deconstructivism', this modern coffee table boasts a shiny brass finish and a marble top, elevating any living space.

2) Ombre Dining Chair: Combining sleek design with comfort, this chair features pure white upholstery and slanted legs for stability and style.

3) Fins Dining Chair: Offering comfort with creative design, this chair features symmetric cushions and a strong brass stem for sturdiness.

4) Flat Iron Table: With a nod to the Flat Iron Building in New York, this table features a circular top and an elegant brass base, adding urban refinement to any space.

5) Thor Bar Cabinet: Inspired by the Thor hammer, this olive green cabinet reimagines the standard home bar with its chiselled front panel and thoughtful storage design.

6) H Cast Glass Table: Celebrating design brilliance, this table combines form and function with its balanced structure and durable cast glass construction.

Puneet Budhiraja, CEO of Quba Homes, leverages his expertise in curating bespoke furniture to redefine luxury in residential spaces. With a background in arts and experience in the steel business, Puneet brings a unique blend of creativity and business acumen to Quba Homes' design and manufacturing process.

 

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Retail India News: Pansari Group Reports 39pc Volume Surge and 20pc Value Growth for FY 23-24, Eyes Future Expansion
Retail India News: Pansari Group Reports 39pc Volume Surge and 20pc Value Growth for FY 23-24, Eyes Future Expansion
 

Pansari Group, a prominent player in the FMCG sector, celebrates a remarkable performance in the fiscal year 2023-24, boasting a 20 percent increase in value and an impressive 39 percent surge in volume. This exceptional achievement positions the company for robust growth prospects in the coming years.

With a strategic focus on their recently introduced tea brand, TVOY, Pansari Group aims for sales exceeding a hundred crore, targeting a staggering 70 percent year-on-year volume growth over the next two years.

Shammi Agarwal, Director of Pansari Group, expressed enthusiasm, stating, "We are thrilled to announce our substantial growth trajectory for FY 2023-24. Our unwavering dedication to delivering quality products and innovative solutions has been pivotal in driving this exceptional performance."

Despite challenges in international markets, including regulatory hurdles impacting wheat flour and rice duties, the company remained steadfast in diversifying its offerings. Initiatives like HoReCa International for B2B customers and expansion into private-label products beyond commodities showcase their adaptability.

Pansari Group's distribution strategy, with over 800 distributors, emphasizes segmentation for commodities and value-added products, ensuring operational efficiency. Through investments in technology, the company aims to elevate engagement with retailers, fostering stronger customer connections and loyalty.

The brand's recent expansion, marked by the launch of 'Mojee' cocktail syrups, Pansari Chai, and the TVOY Green Tea range, has solidified its position as a market leader in the FMCG industry.

In the upcoming fiscal year, Pansari Group anticipates a regional shift in business contributions, with the North expected to dominate 60 percent of operations, while the West and South regions collectively contribute 40 percent.

 

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Retail India News: Miraggio Launches Empowering 'Fierce Collection' - Redefining Style for Modern Women
Retail India News: Miraggio Launches Empowering 'Fierce Collection' - Redefining Style for Modern Women
 

Renowned handbag brand Miraggio unveils its latest innovation, the 'Fierce Collection', aimed at empowering dynamic women who balance style and functionality in their daily lives.

Crafted for the modern woman, the 'Fierce Collection' embodies versatility and sophistication, seamlessly complementing their busy lifestyles with its blend of sleek design and practicality.

CEO Mohit Jain expresses excitement about the launch, stating, "Our 'Fierce Collection' celebrates the bold spirit of today's women. We believe every woman deserves empowerment and confidence in her style, whether in the boardroom or on a weekend getaway."

From the spacious Ace Tote Bag to the elegant Zoe Handbag, each piece in the collection is meticulously designed to exude timelessness and boldness, catering to the needs of go-getters and trendsetters alike.

Miraggio's 'Fierce Collection' symbolizes empowerment and confidence, redefining fashion for the modern woman. Experience the blend of style and functionality with Miraggio's latest collection and make a statement wherever you go.

 

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Retail India News: HyFun Foods Launches HyFarm Initiative with Rs. 100 Cr Investment to Revolutionize Fresh Produce Procurement
Retail India News: HyFun Foods Launches HyFarm Initiative with Rs. 100 Cr Investment to Revolutionize Fresh Produce Procurement
 

HyFun Foods, the leading exporter of processed fruits and vegetables in India, has unveiled its latest venture: HyFarm. This innovative agricultural procurement and farmer engagement initiative was officially introduced at the HyFun Plant premises in Mehsana, Gujarat, in the presence of MLA Jagdish Vishwakarma and 6,000 farmers. The company has committed an initial investment of Rs.100 crore towards HyFarm, aiming to transform produce procurement.

Haresh Karamchandani, MD, and CEO of HyFun Foods, expressed his excitement for the #HyFarm initiative, stating, "Through HyFarm, we are investing in the future of farming and the prosperity of rural communities. This initiative strengthens our commitment to sourcing high-quality ingredients while empowering farmers and promoting sustainable agriculture."

HyFarm is farmer-centric and was launched alongside celebrating HyFun Foods' procurement achievement of 300,000 tonnes of processing-grade potatoes this year. This milestone solidifies HyFun Foods as the largest Indian brand in processing potato varieties. The event marked the strong bond between HyFun Foods and its farming partners, unveiling the brand identity of HyFarm.

With a vision to integrate India's abundant fresh produce, HyFarm aims to engage 30,000 farmers by 2030. Expanding its procurement beyond potatoes, HyFarm targets 1 million tonnes by 2028, including table and chipping varieties. Moreover, the initiative plans to diversify into procuring a wide range of fresh fruits and vegetables, providing year-round opportunities for farmers.

Beyond procurement, HyFarm aims to empower farmers with technology. A digital platform will offer access to agricultural best practices, enhancing efficiency, productivity, and sustainability.

A farmer representative at the event highlighted, "HyFarm is a game-changer, providing a reliable market and stable income. We look forward to partnering with HyFarm for a sustainable agricultural future."

As HyFun Foods invests in HyFarm, it remains committed to promoting responsible agriculture and prosperity. The company's recent announcement at the Vibrant Gujarat Global Summit showcases its dedication to meeting growing domestic and export demands with three new manufacturing plants in Gujarat, a testament to its expansion and innovation in the market.

 

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Retail India News: Swiggy Instamart & Park+ Come Together to Deliver IndusInd FASTag to Doorstep in Just 10 Mins
Retail India News: Swiggy Instamart & Park+ Come Together to Deliver IndusInd FASTag to Doorstep in Just 10 Mins
 

Swiggy Instamart, a quick commerce platform, has joined forces with Park+, a FASTag distribution platform, to deliver IndusInd Bank FASTag to Swiggy Instamart users in under 10 minutes.

A first for any quick commerce or e-commerce platform, customers can now enjoy the convenience of having FASTag delivered directly to their doorstep. The FASTags will be available to users on Swiggy Instamart across 29 cities.

An essential for modern-day car owners, there has been consistent adoption of FASTag with over 7.98 crore FASTags issued in India as of November 2023. With Park+’s smart parking and vehicular management systems, users can digitally pay at a toll, or a parking spot at a mall, corporate park, or movie hall using FASTag. No cash transaction is required. This partnership between Swiggy Instamart and Park+ aims to fill a crucial gap in the market and provide a convenient and quick solution to access FASTag.

Phani Kishan, Head of Swiggy Instamart said, “FASTag stands for seamless payment and convenience, and access to it should be the same. Traditionally, purchasing a FASTag involved applying through a bank portal or physically visiting a toll booth on a highway, leading to waiting times ranging from 3 to 7 days for card delivery and activation. With FASTag now available on Swiggy Instamart, users can procure it anytime, anywhere, slashing delivery wait time from days to under 10 minutes.”

Commenting on the partnership, Amit Lakhotia, Founder & CEO, Park+ added, “At Park+ our main objective is to bring delight back to car ownership. As part of this endeavor, we have partnered with Swiggy Instamart to reduce the TAT for car owners buying a FASTag. As the largest FASTag distributor in India, we are well-poised to address the current gap within the FASTag ecosystem. Our robust relationship with IndusInd bank allows us to deliver IndusInd FASTags to customers in less than 10 minutes, thanks to Swiggy Instamart. Furthermore, we are also working with relevant FASTag issuing partners to educate users about FASTag buying/renewal/recharge, etc. We will continue to invest our energies in enhancing the car ownership experience for car owners, throughout the life cycle of their car and look forward to partnering with other external stakeholders to support us in this endeavor.”

 

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Retail India News: St.Botanica Forays into Fragrance Category
Retail India News: St.Botanica Forays into Fragrance Category
 

St.Botanica, a leading direct-to-consumer (D2C) beauty brand and part of South Asia's largest beauty and personal care conglomerate Good Glamm Group, is venturing into the fast-growing fragrance category with the announcement of its new line of perfumes. Crafted meticulously from the world's finest ingredients, this collection is accompanied by the captivating campaign ‘Indulge Your Travel Spirit’. 

Featuring four distinct fragrances, each embodying a unique corner of the globe, the collection offers a sensory journey. The Citrus fragrance evokes the sun-kissed shores of the Mediterranean, with notes of Amalfi Lemon, Patchouli, and White Honey. The Oud fragrance transports you to the landscapes of the Middle East, blending Cedarwood, Black Pepper, and Labdanum. The Amber fragrance captures the essence of North America, combining Virginia Cedar, Gardenia, and African Orange Flower and the Spicy fragrance entices with its fusion of Geranium, Bergamot, and Musk from Southern Africa. 

Ensuring widespread accessibility, St.Botanica's all-new fragrances are now exclusively available both online on Amazon Beauty and offline at Shoppers Stop stores, catering to consumers nationwide. This strategic partnership aims to provide seamless access to these exquisite scents, enriching the olfactory experiences of fragrance enthusiasts everywhere.

Sukhleen Aneja, CEO of Good Brands Co, Good Glamm Group, expressed her enthusiasm for the launch, stating, "We are thrilled to step into the fast-growing fragrance category with the launch of our exquisite perfumes. With the belief in sourcing from the world’s finest ingredients, St.Botanica invites consumers on a sensory journey that transcends traditional fragrance experiences blending sophistication with affordability. We're also excited about our partnership with Amazon and Shoppers Stop for online and offline sales respectively providing consumers with unparalleled quality and a seamless shopping experience."

“At Amazon Beauty, we are committed to bringing our customers the most exciting and trending beauty products. This partnership with St. Botanica and Amazon Beauty embodies this spirit by providing our beauty enthusiasts with a wide variety of captivating fragrances to enrich their beauty rituals and elevate their daily experiences. With convenient, fast delivery and competitive value, Amazon Beauty offers customers the perfect platform to explore and find the perfect fragrance to complement their unique style and preferences,” said Zeba Khan, Director, Beauty, Personal Care and Luxury Beauty, Amazon India. 

Biju Kassim, Customer Care Associate and CEO, Beauty, Shoppers Stop Limited stated, “St.Botanica's debut in the fragrance market, exclusively with Shoppers Stop, provides an opportunity for our customers to explore an extensive array of these sensorial fragrances. We are delighted to offer a platform for our consumers to discover and try the enchanting St. Botanica fragrances, together with an elevated fragrance discovery experience at our stores.

 

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[Funding Alert] The Fresh Press Secures Pre-Series A Funding to Expand Reach in Thriving Cold-Pressed Juice Market
[Funding Alert] The Fresh Press Secures Pre-Series A Funding to Expand Reach in Thriving Cold-Pressed Juice Market
 

Mumbai-based cold-pressed juice chain, The Fresh Press, has secured a substantial Pre-Series A funding round from Gruhas Collective Consumer Fund (GCCF), underlining its commitment to growth and innovation. Co-founded by Mithil Lodha, Rahul Jain, and renowned actor-entrepreneur Dino Morea, The Fresh Press is poised to capitalize on India's surging demand for healthy beverage options.

"Dino Morea's The Fresh Press raises a Pre-Series A round from Gruhas Collective Consumer Fund, positioning it for rapid growth in the cold-pressed juice market," stated Dino Morea, highlighting the strategic significance of the investment.

With over 36 stores already established nationwide, The Fresh Press is set to leverage the funding to expand its footprint further. "We envision expanding our footprint nationwide, revolutionizing the way people perceive and consume nutritious beverages," said Dino Morea, emphasizing the brand's commitment to catering to a broader audience.

"We strive to be a leading brand promoting healthier lifestyles, making a significant impact on individuals' health journeys," echoed Mithil Lodha, Co-founder of The Fresh Press, expressing enthusiasm about the brand's growth trajectory.

Nikhil Kamath, Co-founder of Gruhas, reiterated the fund's commitment to supporting indigenous entrepreneurs driving health-conscious consumer choices. "It's time we take control of our own well-being and pay attention to our nutrition intake," he emphasized.

Vijay Subramaniam, Founder and Group CEO of Collective Artists Network, praised The Fresh Press's focus on quality and health promotion. "We believe that with its strategic expansion plans and focus on empowering healthier lifestyles, The Fresh Press is well-positioned for sustained growth and a substantial impact on the market," he stated.

India's fresh fruit juice market, currently valued at $13 billion, is witnessing a significant shift towards healthier beverage alternatives. With The Fresh Press's strategic expansion plans and commitment to quality, the brand is poised to carve a niche for itself in this rapidly evolving landscape.

The Fresh Press's partnership with GCCF marks a significant milestone in its journey towards becoming a dominant force in India's cold-pressed juice market. With a strong focus on quality, innovation, and expansion, the brand is primed for success in the dynamic beverage industry.

 

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Retail India News: Starbucks Launches First Eco-Friendly Store in India, Earns Top Asia Pacific Accolade
Retail India News: Starbucks Launches First Eco-Friendly Store in India, Earns Top Asia Pacific Accolade
 

Starbucks announced the certification of its first Greener Store in India, while also celebrating being facilitated as the Starbucks ‘Greener Store of the Year’ in Asia Pacific. Located in Ayali Kalan, Ludhiana, Punjab, and operated in partnership with Tata Starbucks, the Sunview Enclave store will help reduce Starbucks’ environmental impact through sustainable practices and materials.

"The Sunview Enclave store, our first green store in Ludhiana, recognized as the Greener Store of the Year in the Asia Pacific region, is a testament to our commitment to fostering a more sustainable future," said Sushant Dash, CEO, TATA Starbucks.

"I’m looking forward to engaging customers to let them know we are raising awareness about climate change, and the thoughtfulness we have put behind this store to reduce its environmental footprint. This award helps us celebrate and bring this awareness to our customers," said Pankaj, store manager, Starbucks Sunview Enclave in Ayali Kalan.

The store prioritizes using its resources efficiently, through electric vehicle (EV) chargers, a rainwater harvesting system, and repurposes used coffee grounds as fertilizer for neighboring developments. In addition to energy and water-efficient equipment, the building incorporates sustainable construction practices such as the use of local clay bricks, advanced insulation, ample glazing for natural daylight, and roof overhangs designed to minimize heat gain. It is also an interactive hub that raises awareness about climate change and inspires others to make eco-friendly choices. Through engaging displays customers are encouraged to make sustainable choices and embrace a greener lifestyle.

Starbucks has committed to building and retrofitting 10,000 Greener Stores globally by 2025, a major step in leveraging its goal to accelerate the global movement toward a more sustainable future. Since announcing the international expansion of Greener Stores in September 2021, Starbucks has implemented a global framework of design, construction, and operations standards to certify new Greener Stores around the world. As of March 2024, Greener Stores have been certified in more than 40 markets globally; in Asia Pacific, this includes India.

 

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Retail India News: Aditya Birla Fashion and Retail to Split Madura Fashion & Lifestyle into Separate Entity
Retail India News: Aditya Birla Fashion and Retail to Split Madura Fashion & Lifestyle into Separate Entity
 

Aditya Birla Fashion and Retail Ltd. (ABFRL) is set to enhance its operational efficiency by vertically demerging its Madura Fashion & Lifestyle business into a separate listed entity. This strategic move aims to create two distinct growth engines, each with a unique capital allocation strategy.

The decision, authorized by ABFRL's Board of Directors, underscores a meticulous evaluation process. The proposed demerger seeks to establish two independently listed companies, empowering them with separate capital structures and avenues for value creation.

Madura Fashion & Lifestyle (MFL), comprising renowned lifestyle brands like Louis Phillippe, Van Heusen, Allen Solly, and Peter England, alongside other popular labels such as American Eagle, Forever 21, and Reebok, will form the core of the new entity. This segment boasts a robust track record of revenue growth, profitability, and strong cash flows.

Post-demerger, ABFRL will refocus on high-growth segments, including value retail, ethnic wear, luxury brands, and digital-first fashion labels. This strategic realignment is poised to unlock significant value for stakeholders.

Kumar Mangalam Birla, Chairman of Aditya Birla Group, remarked, "As our fashion and retail business evolves, there's a need to optimize capital structures to seize emerging opportunities. This move towards simplification will unlock distinct avenues for long-term value creation."

Ashish Dikshit, MD of Aditya Birla Fashion and Retail Ltd, emphasized, "The restructuring will enable a sharper focus on each business segment, aligning them with tailored strategies for growth." He added, "With the Indian fashion industry poised for robust long-term growth, this simplified structure positions us well for sustained success."

The proposed demerger is subject to regulatory approvals from ABFRL's Board of Directors, shareholders, creditors, and relevant authorities, alongside customary clearances.

By streamlining its operations, ABFRL aims to reinforce its position in the dynamic retail landscape, driving value for shareholders and stakeholders alike.

 

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Crocs India & Metro Brands Extend Partnership for Continued Growth in India
Crocs India & Metro Brands Extend Partnership for Continued Growth in India
 

Marking a pivotal achievement in its retail journey, Metro Brands Limited (MBL), one of India’s largest footwear and accessories specialty retailers, has announced the extension of its partnership with Crocs India Limited (CIL), a world leader in innovative casual footwear. The renewal is sealed through a retail partnership agreement, with few changes in agreement terms, the most important being granting MBL exclusive rights to operate and own Crocs “full price” stores across the western and southern states in India and an increase in residual balance term of the contract. Further, MBL will have rights to continue, renew & operate all existing stores that are currently operational in the Northern & Eastern states of India.

The partnership, which commenced in 2008, was initiated with the introduction of Crocs' products within MBL multi-brand outlets. In 2015, this partnership deepened as the brands inked a non-exclusive retail license agreement. This agreement authorized MBL to distribute Crocs products in India, aligning seamlessly with the MBL mission of bringing global brands to India and offering a dynamic retail experience to its customers. Today, MBL operates over 200 exclusive stores of Crocs across India.

Sumit Dhingra, VP & General Manager, India, Middle East & Africa, Crocs said, “Metro Brands has truly excelled in elevating Crocs’ presence in India. They have played a pivotal role in translating our unique value proposition of self-expression, personalization, and iconic comfort – into a retail experience that resonates deeply with Indian consumers. As our valued partners, they've been instrumental in our success story. We're excited to continue this journey together, broadening our reach and unlocking even more possibilities for our customers in India."

Nissan Joseph, CEO, Metro Brands Limited, said, “Our partnership with Crocs has been truly extraordinary, and we are poised for further growth in advancing Crocs' presence in our country. At Metro Brands, our dedication remains steadfast in delivering a world-class retail experience and owning customers’ footwear wardrobe. The journey ahead is filled with limitless possibilities and milestones, and we are confident about the exciting future with Crocs that lies ahead."

Within the MBL family, an array of brands, including iconic Indian labels like Metro Shoes, Mochi, and Walkway, and popular international choices like Crocs and FitFlop, have prospered. The company also recently announced a strategic partnership with US-based footwear giant Foot Locker, and with Fila already on board, MBL is poised to elevate the sportswear culture in India.

 

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Retail India News: Malabar Gold & Diamonds Unveils Luxurious Store in Satara
Retail India News: Malabar Gold & Diamonds Unveils Luxurious Store in Satara
 

Malabar Gold & Diamonds, a leading name in India's jewelry retail landscape, unveiled its newest store in the heart of Satara, Maharashtra. Spanning an impressive 5000 sq. ft., this marks Malabar Gold & Diamonds' inaugural venture into Satara, its 25th in Maharashtra, and the 37th in the bustling West Region. This expansion underscores the brand's dedication to providing an unparalleled jewelry shopping experience to its patrons.

M P Ahammed, Chairman of Malabar Group, inaugurated the store virtually on March 28th. The ribbon-cutting ceremony, graced by esteemed guests including Chhatrapati Udayanraje Bhosale, Member of Parliament (Rajya Sabha), took place on March 29th, marking a monumental occasion for the brand and the city of Satara.

Expressing his enthusiasm, M P Ahammed stated, "We are thrilled to launch our first-ever store in Satara. This marks the beginning of a promising relationship with the people of Satara and reinforces our commitment to Maharashtra. Our luxurious new store is curated to cater to the diverse tastes of people in Maharashtra, offering exquisite jewellery for every occasion."

The newly unveiled store boasts spacious interiors and an inviting ambiance, inviting customers to explore a vast range of meticulously crafted designs in gold, diamond, polki, gemstones, platinum, and more. Curated collections cater to varying tastes and preferences, ensuring every customer finds the perfect piece. Noteworthy brands such as Mine Diamond Jewellery, Era Uncut Diamond Jewellery, and Divine Heritage Jewellery adorn the store shelves, aiming to become the ultimate destination for distinctive designs.

Renowned for its commitment to transparency and fairness in pricing, Malabar Gold & Diamonds upholds its Fair Price Promise, ensuring customers acquire their desired jewelry at reasonable making charges. Additionally, the brand's One India One Gold Rate scheme ensures uniform pricing for gold across all its stores nationwide.

Strengthening the brand's commitment to its customers, Malabar Gold & Diamonds offers 10 promises. These include a transparent price tag indicating stone weight and net weight, lifetime free maintenance, 100 percent value for gold when reselling old jewelry, and more, ensuring a delightful shopping experience for every patron.

With its grand entry into Satara, Malabar Gold & Diamonds continues to shine bright, offering unparalleled craftsmanship, transparency, and customer-centric services to jewelry enthusiasts across Maharashtra and beyond.

 

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Azorte's Arrival at Vegas Mall Redefines Delhi's Fashion Retail Scene
Azorte's Arrival at Vegas Mall Redefines Delhi's Fashion Retail Scene
 

Azorte, India's singular fashion NeoStore, is set to make its debut at Vegas Mall, an esteemed shopping and entertainment hub in Delhi. The recent announcement heralded a strategic partnership, marked by the presence of distinguished influencers, with Sakshi Sindwani, a prominent figure in the influencer sphere, serving as the event's host. As a flagship brand under Reliance Retail, Azorte holds a premier position as a destination for fashion-forward clientele across India.

The inclusion of Azorte within Vegas Mall promises a distinctive shopping venture for patrons, amalgamating the finest in contemporary Indian and international fashion. Azorte's extensive range transcends mere apparel, encompassing fashion accessories, beauty essentials, footwear, and more, allowing shoppers to immerse themselves in an expansive collection. This latest incorporation underscores Vegas Mall's steadfast dedication to furnishing a top-tier shopping milieu, empowering visitors to explore and indulge their sartorial passions.

Ravinder Choudhary, Vice President of Vegas Mall, expressed his enthusiasm for the collaboration, affirming, "We are delighted to welcome Azorte to Vegas Mall, as this partnership seamlessly aligns with our commitment to providing visitors with an exceptional shopping experience. Offering a wide range of on-trend pieces and reinvented classics, Azorte's diverse array caters to the preferences of our visitors. We are confident that this addition will enhance the already diverse offerings available at Vegas Mall."

 

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Retail India News: Malabar Gold & Diamonds Debuts in Latur
Retail India News: Malabar Gold & Diamonds Debuts in Latur
 

Malabar Gold & Diamonds, a renowned name in India's jewelry retail landscape, has unveiled its latest retail marvel in Latur, Maharashtra. Situated at Sawe Wadi, M G Road, this expansive 4500 sq. ft. store marks the brand's triumphant entry into Latur, its 24th establishment in Maharashtra, and the 36th within the West Region. With a steadfast commitment to delivering unparalleled jewelry shopping experiences, the opulent store showcases an extensive assortment of designs and collections.

The virtual inauguration of the store, spearheaded by M P Ahammed, Chairman of Malabar Group, was graced by esteemed guests, including Shrimati Vaishali Vilasrao Deshmukh, who officiated the ribbon-cutting ceremony. Expressing his enthusiasm, M P Ahammed stated, "We are thrilled to launch our first-ever store in Latur. This marks the beginning of a promising relationship with the people of Latur and reinforces our commitment to Maharashtra."

The newly unveiled store boasts spacious interiors and an enchanting ambiance, inviting customers to peruse through meticulously crafted designs in gold, diamond, polki, gemstones, platinum, and more. With curated collections catering to diverse tastes and preferences, every patron is bound to find the perfect piece. Featuring extraordinary creations from exclusive brands like Mine Diamond Jewellery, Era Uncut Diamond Jewellery, and Ethnix Handcrafted Jewellery, the store aims to be the go-to destination for unique designs.

Malabar Gold & Diamonds is renowned for its commitment to transparency and fair pricing. Upholding its Fair Price Promise, the brand ensures customers can acquire their desired jewelry at reasonable making charges. Additionally, the brand's One India One Gold Rate scheme guarantees uniform pricing for gold across all its outlets nationwide.

Further solidifying its dedication to customers, Malabar Gold & Diamonds offers a range of assurances through its 10 promises. These include transparent pricing, lifetime free maintenance, guaranteed value for old gold jewelry, compliance with global standards, buyback guarantee, complimentary jewelry insurance, responsible sourcing, and fair labor practices.

The grand opening of Malabar Gold & Diamonds' inaugural store in Latur signifies not just a new retail outlet, but a promise of exceptional quality, trust, and unparalleled service for the people of Latur and beyond.

 

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Retail India News: Yousta Unveils Second Pune Store at Phoenix Marketcity with Bollywood Star Shraddha Kapoor
Retail India News: Yousta Unveils Second Pune Store at Phoenix Marketcity with Bollywood Star Shraddha Kapoor
 

Yousta, the dynamic youth-focused fashion brand under Reliance Retail, joyfully announces the successful launch of its second store in Pune, situated at Phoenix Marketcity. The grand opening witnessed the presence of Bollywood sensation Shraddha Kapoor, adding glamour and excitement to the event.

Renowned for her impeccable style, Shraddha Kapoor explored Yousta's trendy offerings, expressing admiration for the diverse range of fashionable ensembles. She commended Yousta's innovative use of technology, particularly praising the seamless shopping experience facilitated by self-checkout booths and QR code accessibility.

This new addition marks Yousta's second venture in Pune, expanding its footprint beyond AeroMall. With a track record of success across various Indian cities, Yousta aims to cater to Pune's fashion aficionados with its dynamic and budget-friendly collections, captivating young consumers since its inception in 2023.

Yousta's commitment to accessibility is evident in its wide range of stylish clothing, with prices ranging below Rs. 499 and none exceeding Rs. 999. The Phoenix Marketcity store boasts an extensive array of fashionable ensembles, unisex merchandise, and weekly fashion drops through the "Starring Now" collection.

Embracing modern retail practices, the Yousta store promises a contemporary and tech-enabled shopping experience, featuring QR codes for seamless information access, self-checkout counters, and charging stations for electronic devices.

Beyond fashion, Yousta remains dedicated to community engagement, partnering with non-profit organizations to facilitate clothing donations, contribute to community programs, and promote sustainability.

 

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Retail India News: Shobitam Launches Silver Jewelry on its 5th Anniversary
Retail India News: Shobitam Launches Silver Jewelry on its 5th Anniversary
 

Shobitam, a prominent global D2C ethnic fashion and jewellery brand, commemorates five years of showcasing India's rich cultural heritage to the world. In celebration of this milestone, the brand has augmented its product offerings with the exclusive 'Shobitam Zevar'. Founded with a mission to disseminate India's rich handloom narrative worldwide, Shobitam endeavors to deliver bespoke ethnic shopping experiences to customers everywhere.

The newly introduced collection, 'Shobitam Zevar', epitomizes timeless elegance fused with contemporary Indian design aesthetics. In addition to the 'Zevar Collection', the brand has introduced a new 'Kids Collection', featuring ethno-modern designs. This assortment features meticulously handcrafted pieces crafted from authentic 92.5 silver jewellery, including statement necklaces, bracelets, anklets, earrings, nose pins, and rings.

Drawing inspiration from India's diverse cultural heritage, the designs seamlessly blend traditional elements with modern silhouettes. The 'Zevar' collection reinvents classic Indian motifs, such as the Maharashtrian Nath, offering them a contemporary twist as elegant pendants. Each piece from this exclusive collection narrates a tale of Indian craftsmanship and tradition, encapsulating the vibrancy of India's cultural tapestry.

 

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Retail India News: H&M's Net Profit Surges in Q1 as Cost Control Measures Pay Off
Retail India News: H&M's Net Profit Surges in Q1 as Cost Control Measures Pay Off
 

H&M announced a significant increase in net profit for the first quarter, showcasing effective cost management strategies. The Swedish retail giant reported a profit-after-tax of 1.2 billion kronor ($113.3 million) from December to February.

CEO Daniel Erver attributed the improved profitability to ongoing cost control efforts, enhanced precision in collections, and close collaboration with suppliers. He emphasized the company's commitment to driving profitable growth in the future.

Operating profit also saw a substantial increase, reaching 2.1 billion kronor, surpassing analysts' expectations. Despite a slight decline in sales, Erver noted a gradual improvement in February and a rise in sales during the initial weeks of March.

Erver, who assumed the CEO position earlier this year, outlined plans to address challenges posed by inflation and high-interest rates while prioritizing sales growth. The company remains focused on achieving a 10 percent operating margin for the full year of 2024.

 

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Retail India News: UNIQLO to Launch UNIQLO / INES DE LA FRESSANGE PARIS Range
Retail India News: UNIQLO to Launch UNIQLO / INES DE LA FRESSANGE PARIS Range
 

Global apparel giant UNIQLO has revealed plans to introduce the UNIQLO / INES DE LA FRESSANGE PARIS 2024 Spring/Summer collection in India starting from Friday, April 5. This collection of LifeWear pays homage to the effortless Parisian style of Ines de la Fressange, an emblem of French elegance and a global fashion icon for women.

The collaboration between UNIQLO and Ines de la Fressange began with the 2014 Spring/Summer collection and has continued over the past decade, offering timeless French chic with a universal appeal. This upcoming collection serves as the grand finale for this longstanding partnership, embodying the same essence of Ines' philosophy that has remained constant since its inception, providing a versatile wardrobe for every woman.

The 2024 Spring/Summer collection represents a return to French fundamentals, resonating with Ines' preference for styles that prioritize comfort. It features denim coveralls crafted from lightweight denim blended with cotton for a soft touch, linen cotton skirts with a relaxed silhouette, and classic cotton shirts - all embodying the enduring, beloved pieces favored by Ines de la Fressange.

Ines de la Fressange commented, "This is the last collection I am doing with UNIQLO, and I think it's very beautiful. It's a perfect representation of everything we have achieved together, I am very proud of it, and I am sure it's going to be very popular. I have loved working with UNIQLO over the past 10 years, which has enabled me to bring my ‘elegant casual’ style to millions of women around the world. I know that after this last season of spring-summer 2024, many women will be disappointed not to be able to find the collection in stores and on the website, but there's no need to be sad! For the future, I am working on new projects, and I will be happy to give a rendez-vous soon to women who, like me, love Parisian Chic."

Koji Yanai, SEO, Fast Retailing Group commented, “The beginning of our collaboration with Ines-san was something fateful. It actually all started when I discovered a line in one of her books or interviews that she said ‘Uniqlo is my favorite.’ The collaboration has lasted for 10 years and is one of Uniqlo’s longest. Throughout our partnership, Ines-san has continued to express a style that symbolizes French chic, something that is synonymous with Ines-san herself - a style that is simple and chic, but never forgets to be playful at the same time. This, I believe, is due to the simple and positive lifestyle of Ines-san, someone who is intelligent, straightforward, and always shows a smile on her face. I am confident that our customers will enjoy our final collaboration line. Ines-san, thank you for the wonderful 10 years of our partnership.

 

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Retail India News: SLMG Group Appoints Costin Mandrea as CEO of Coca-Cola Operations in India
Retail India News: SLMG Group Appoints Costin Mandrea as CEO of Coca-Cola Operations in India
 

SLMG Group, India's leading independent Coca-Cola bottler in India and South West Asia, has named Costin Mandrea as the Chief Executive Officer of Coca-Cola SLMG operations. With over 25 years of experience in the beverage industry, Mandrea brings a wealth of expertise and strategic vision to his new role.

Having held significant leadership positions within the Coca-Cola Bottling System across Western and Central Europe, Russia, and Japan, Mandrea has demonstrated proficiency in driving business growth through comprehensive transformation, sales operations, customer engagement, and route-to-market strategies.

S N Ladhani, Chairman and MD, Coca-Cola SLMG said, "With great pleasure, we welcome Costin Mandrea aboard as the CEO of SLMG Group. His proven track record of leadership and strategic acumen makes him a perfect fit to lead our company into its next phase of expansion and success. “Amidst our accelerated growth phase at SLMG Group, we firmly believe Costin to be the perfect leader to navigate us towards unprecedented success. With his proven track record and dynamic approach, we are poised to achieve remarkable milestones under his guidance added Ladhani." 

Mandrea remarked, “I am honored and excited to join Coca-Cola SLMG as its Chief Executive Officer. I look forward to collaborating with the talented team and leveraging my experience to drive innovation and growth for the company.’’

With a degree from the University of Bucharest and participation in various leadership development programs, Mandrea's tenure at Coca-Cola has been marked by successful transformation initiatives and strategic leadership, contributing substantially to the company’s profitability and market presence. Coca-Cola SLMG extends warm congratulations to Costin Mandrea on his appointment as CEO and anticipates achieving new milestones under his leadership.

 

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Kalamandir Delves into Ethnic Silver Jewellery Retail in India
Kalamandir Delves into Ethnic Silver Jewellery Retail in India
 

Kalamandir, a leading name in ethnic fashion, is set to introduce its latest offering: ethnic silver jewellery. Responding to the increasing demand for fine silver jewellery, Kalamandir is pleased to announce the launch of a new division under the "Rasamayi" brand.

Renowned for its innovation and style, Kalamandir has established itself as a symbol of quality craftsmanship and timeless elegance in ethnic clothing. With a focus on market trends and consumer preferences, Kalamandir recently approved the strategic expansion into the realm of silver jewellery.

The decision to venture into Ethnic Silver Jewellery aligns with Kalamandir's legacy of excellence in the fashion industry. The new segment will cater to discerning jewellery enthusiasts seeking unique pieces that embody charm, heritage, and sophistication.

Prasad Chalavadi, MD, Sai Silks Kalamandir Ltd said, "We are thrilled to embark on this exciting journey into the world of Ethnic Silver Jewellery. Our customers have always looked up to us for unparalleled quality and elegance, and with the introduction of Rasamayi, we aim to exceed their expectations yet again."

The launch of Rasamayi will feature an enchanting selection of Ethnic Silver Jewellery, including bracelets, rings, necklaces, earrings, and more. Each piece is meticulously crafted to showcase the rich cultural heritage and intricate craftsmanship synonymous with Kalamandir's creations.

The grand unveiling of Rasamayi will take place at the Kalamandir store in Visakhapatnam. Customers can anticipate exploring a premium collection of silver accessories that seamlessly blend tradition with contemporary allure. As Kalamandir embarks on this new venture, its commitment to delivering unparalleled quality, craftsmanship, and customer satisfaction remains unwavering. With Rasamayi, discerning customers can expect nothing less than perfection in every piece.

 

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Retail India News: CII Western Region Elects New Chairperson and Deputy Chairperson for 2024-25 Term
Retail India News: CII Western Region Elects New Chairperson and Deputy Chairperson for 2024-25 Term
 

The Confederation of Indian Industry (CII) Western Region has announced its new leadership for the year 2024-25, with Swati Salgaocar appointed as Chairperson and Rishi Kumar Bagla as Deputy Chairman. The duo, known for their extensive business acumen and commitment to community development, are set to drive initiatives aimed at fostering economic growth and sustainability across the region.

In her role as Chairperson, Swati Salgaocar, President of V. M. Salgaocar and Brother Pvt Ltd brings a wealth of experience in various sectors, including mineral development, real estate, and financial services. With a strong focus on innovation and collaboration, Salgaocar is poised to lead the Western Region towards a new era of prosperity.

Rishi Kumar Bagla, Chairman and Managing Director of BG Li-In Electricals Ltd., assumes the role of Deputy Chairman, bringing with him a dedication to business ethics and corporate excellence. His leadership in the manufacturing sector, particularly in aluminum die casting and electrical components, will be instrumental in driving the region's industrial growth.

Under their leadership, the Western Region aims to address key focus areas such as ease of doing business, cost optimization, and environmental sustainability. With a focus on forging strategic partnerships and launching targeted projects, the new leadership is committed to unlocking the region's full potential.

Salgaocar and Bagla's vision for the Western Region extends beyond economic growth, encompassing social responsibility and ethical governance. Their shared commitment to inclusive development and sustainable practices will guide the region towards a brighter future. With their extensive experience and visionary leadership, Swati Salgaocar and Rishi Kumar Bagla are poised to steer the CII Western Region towards greater heights of success and prosperity.

 

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Retail India News: Vintage Coffee and Beverages Ltd Expands Global Market Reach
Retail India News: Vintage Coffee and Beverages Ltd Expands Global Market Reach
 

Vintage Coffee and Beverages Limited (VCBL) has revealed its ambitious strategies to strengthen its foothold in the global coffee market, unveiling a series of initiatives aimed at boosting production capacity, widening market reach, and delivering added value to consumers.

Balakrishna Tati, Chairman and MD of Vintage Coffee and Beverages Limited said, “VCBL remains committed to delivering excellence in quality and service while spearheading innovation and expansion in the global coffee market. We are excited about the journey ahead and look forward to continued success and growth.

In response to escalating global coffee demand, VCBL has opted for strategic measures to increase production capacity by an additional 2000 metric tons (MT), targeting an annual capacity of 6500 MT. The expansion process is scheduled to commence in the upcoming months, with completion anticipated by the end of Q4FY25. Additionally, VCBL aims to elevate the utilization of its current 4500 metric tons per annum (MTPA) capacities to 100 percent by the end of Q2FY25, a significant surge from the 52 percent recorded in Q3FY24. The proceeds from the ongoing preferential share issue will aid the company in meeting its working capital requirements for capacity enhancement and necessary brownfield capital expenditure.

This brownfield expansion is poised to substantially boost VCBL's daily production capacity from the existing 13 MT to 18 MT during the early stages of the fourth quarter of the current financial year. With the augmented capacity, VCBL intends to shift its sales focus towards offering value-added products across various brands with stringent certifications.

Additionally, VCBL plans to implement state-of-the-art automated packaging lines to ensure secure and efficient container outturns. The company has secured significant contracts in the Middle East, Europe, Russia, and West Africa and aims to introduce its proprietary brands in West Africa and Russia, capitalizing on emerging market opportunities.

Furthermore, VCBL eyes penetration into specific segments of the Indian market, including e-commerce, HORECA, and retail spaces. With these strategic initiatives in motion, VCBL anticipates a substantial 150 percent increase in revenue by the conclusion of the fiscal year 2025.

 

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Retail India News: Fitness Equipment Brand Powermax Aims to Launch 10 Stores
Retail India News: Fitness Equipment Brand Powermax Aims to Launch 10 Stores
 

PowerMax, the country's premium fitness equipment brand, has been making waves since its inception in 2009. Founded with a vision to revolutionize the fitness landscape, PowerMax Fitness has emerged as a symbol of quality, innovation, and customer satisfaction.

In line with its mission to promote healthier, more active lifestyles, PowerMax is excited to announce its ambitious expansion plans for the current year. The brand is aiming to open 10 new official stores across diverse regions. Each store will showcase the latest fitness equipment and boast experts ready to assist valued customers. Additionally, the brand aims to grant at least 50 franchises by year-end, reflecting its dedication to empowering entrepreneurs and spreading its influence across communities.

Having gained prominence through unwavering dedication to product excellence and a user-centric approach, PowerMax has become synonymous with top-notch fitness equipment solutions. By consistently delivering on stringent quality standards and harnessing cutting-edge technology, the brand has earned the trust of fitness enthusiasts worldwide. With a focus on quality, durability, and innovation, the brand has set new benchmarks in the fiercely competitive market.

Sanjay Goyal, Managing Director at PowerMax emphasized, "At PowerMax, our mission is to empower individuals to lead healthier, more active lifestyles by providing them with top-notch fitness equipment. In recent years, we have witnessed exponential revenue growth, driven by increasing demand for our high-quality fitness equipment. He further added, “Our relentless pursuit of excellence and commitment to customer satisfaction have always been the driving forces behind our success. Moreover, through strategic expansion and partnerships, we aim to reach more individuals and make a positive impact on their fitness journeys."

Looking ahead, PowerMax remains steadfast in its commitment to further penetrate existing markets and explore new opportunities. Leveraging digital channels and strategic alliances, the brand is poised to enhance its global footprint and reinforce its position as an industry leader in fitness equipment. With a comprehensive network of distribution channels, including online platforms, retail outlets, and strategic partnerships, PowerMax ensures seamless accessibility of its products to customers nationwide.

 

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Retail India News: Birkenstock Extends Retail Presence in Eastern India with New Store in Kolkata
Retail India News: Birkenstock Extends Retail Presence in Eastern India with New Store in Kolkata
 

Birkenstock, the German-based global zeitgeist and purpose brand, has launched its first-ever store in Kolkata. With a history that can be tracked as far back as 1774, Birkenstock, the inventor of the footbed, is expanding its retail footprint in India. 

This new store, located at the Quest Mall is situated at the heart of the city will showcase the latest collections and silhouettes, offering visitors a firsthand experience of Birkenstock's iconic craftsmanship and commitment to quality. The store is spread across an aesthetically created space of  580 sq ft featuring styles like Arizona, Gizeh, Madrid, Boston, Mayari, Bend, Uji, Stalon, Jackson, and many more.

Jens Hattab, Regional Managing Director, Middle East Africa India at Birkenstock said, “India has been a significant market for us and we are thrilled to see the market thriving. Having expanded to various locations in the north and south of India, we are delighted to cater to the east of India. Kolkata is indeed an exciting location for us. We are delighted to see our growth in the Indian market and we shall surely continue to drive our efforts that help support and elevate the brand's presence across the country”.

“Kolkata has indeed been a key market for us and we are elated to bring the best of our styles and collections to our customers. Having considerably worked towards our expansion across the country, we are looking forward to welcoming our customers in Kolkata,” stated Vinay Bansal, Managing Director, Birkenstock India.

As a brand celebrated worldwide for its iconic footwear and timeless legacy, Birkenstock is thrilled to expand its presence in one of India’s most historically and culturally rich cities. With a range of iconic fashionable styles, the first-ever Birkenstock store in Kolkata was indeed long awaited by brand loyalists of the region.

 

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Retail India News: Cinépolis India Promotes Devang Sampat to Managing Director Role
Retail India News: Cinépolis India Promotes Devang Sampat to Managing Director Role
 

Cinépolis India has elevated Devang Sampat to the position of Managing Director. With over twenty years of experience in the entertainment and retail sectors, Sampat, previously serving as the Chief Executive Officer, brings a wealth of expertise to his new role.

Sampat has been an integral part of Cinépolis India since its inception fourteen years ago. Throughout his tenure, he has demonstrated exceptional leadership abilities, contributing significantly to the company's growth and prosperity. As the CEO, Sampat focused on implementing international strategies from Cinépolis and tailored them to suit the Indian market, driving development plans aligned with local demands.

Under his stewardship, Cinépolis India has witnessed substantial nationwide expansion, consistently delivering unmatched customer experiences through innovative offerings and top-notch facilities. Sampat's keen understanding of the evolving preferences of Indian consumers and their influence on the retail landscape has played a crucial role in shaping Cinépolis's strategic trajectory.

With an MBA from ITM Mumbai and a distinguished graduate of Mithibai College, Mumbai University, Sampat's profound insights and strategic vision have been instrumental in establishing Cinépolis India as a leader in the multiplex segment.

"I am truly honoured to take on the role of Managing Director at Cinépolis India. I look forward to continuing our journey of excellence, innovation, and growth, as we strive to exceed the expectations of our customers and stakeholders,” Said Devang Sampat.

I’d like to Congratulate Devang on his promotion to Managing Director, Cinépolis India. His dedication, strategic vision, and unwavering commitment to excellence have been instrumental in driving our success. We are confident that under his leadership, Cinépolis India will continue to thrive and innovate in delivering exceptional cinematic experiences to our audiences,” said Miguel Mier, Chief Operating Officer, Cinépolis Global.

Devang Sampat's promotion to Managing Director is a testament to his outstanding contributions and unwavering dedication to Cinépolis India. His vision, leadership, and expertise will continue to drive our company forward as we embark on the next phase of growth and innovation.

 

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Retail India News: MAXHUB Enhances Global Growth with Microsoft Azure Integration
Retail India News: MAXHUB Enhances Global Growth with Microsoft Azure Integration
 

MAXHUB, a prominent provider of interactive display solutions, has revealed its plan to incorporate Microsoft Azure technology into its operations. By leveraging Azure's capabilities, MAXHUB aims to accelerate its international expansion and advance its AI technology.

As MAXHUB expands its global presence, the integration with Microsoft Azure becomes imperative to meet the growing demand for scalable cloud computing and storage solutions. Through this integration, MAXHUB will utilize Azure Cosmos DB and Blob Storage to seamlessly manage data across multiple global data centers. Moreover, by leveraging Azure Kubernetes Services, MAXHUB establishes a globally distributed architecture to deploy essential services such as Over-The-Air (OTA) updates and Content Management System (CMS). This architecture ensures efficient operational management on a global scale while adhering to data compliance regulations in different regions.

The integration of Azure services is poised to bolster MAXHUB's global business operations and propel it towards greater success. It will enable users to access more efficient and high-quality service experiences, ushering in a new era of enhanced productivity and collaboration. Furthermore, this collaboration will drive MAXHUB's advancements in artificial intelligence, leading to smarter and more comprehensive technology solutions for users' interactive experiences.

David Meng, President of Global Business Group at MAXHUB said, "We are preparing to harness Azure OpenAI features to explore AI applications in education. We aim to assist teachers in lesson planning and curriculum evaluation by integrating AI capabilities. Our objective is to nurture a high efficient and intelligent ecosystem where creativity flourishes into meaningful human interactions. Microsoft Azure's offerings align strategically with our vision and will establish a solid foundation for our success in global markets."

At present, the global demand for cloud computing and AI services is growing. MAXHUB’s application and exploration of Microsoft Azure will provide users with a solid technical foundation and empower businesses with cutting-edge technology. "Microsoft is committed to empowering our customers and partners with supreme solutions that drive productivity and enrich collaborative experiences," said Min ZHENG, VP of Microsoft China.

Pankaj Jha, Country Head and Director of Sales at MAXHUB India said, “MAXHUB's integration with Microsoft Azure marks a significant milestone in our journey towards offering cutting-edge collaborative solutions globally. This strategic collaboration will not only bolster our presence in the Indian market but also empower businesses and educational institutions with advanced AI-driven technologies. We are excited about the possibilities this partnership holds in revolutionizing how teams collaborate and innovate, ultimately driving growth and success for our customers.

 

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Retail India News: DOMS Industries Acquires SKIDO to Expand into Bag Manufacturing
Retail India News: DOMS Industries Acquires SKIDO to Expand into Bag Manufacturing
 

DOMS Industries Limited, a rapidly growing provider of stationery and art materials in India, has entered the bag manufacturing and retailing sector, focusing on school bags, pouches, and related items to strengthen its presence in the back-to-school market.

The Board of Directors of DOMS has approved the acquisition of a 51 percent stake in SKIDO Industries Private Limited ("SKIDO") with an initial investment of Rs 51,00,000 (Rupees Fifty-One Lakhs), while the Sehgals retain the remaining ownership. The Sehgal Family, with extensive experience, will manage SKIDO's daily operations under DOMS' strategic direction. Following the acquisition, SKIDO will operate independently, led by its co-founders, the Sehgal family, headed by Mr. Pranay Sehgal.

DOMS has consistently pursued opportunities to expand its product lines for children and young adults. Recognizing bags as a complementary category, DOMS aims to broaden its market reach and enhance consumer engagement.

Santosh Raveshia, MD at DOMS said, “Expanding our product range to better cater to the needs of children and young adults has been a priority for DOMS. This investment aligns seamlessly with our vision, leveraging our distribution network and brand reputation to deliver high-quality products, supported by the expertise of the Sehgal Family.

Pranay Sehgal, Director at SKIDO said, “Collaborating with DOMS presents an exciting opportunity for us to leverage their industry-leading position and expand our product offerings. DOMS' brand recognition and expansive distribution network will be instrumental in realizing our full potential.

With the acquisition, SKIDO aims to harness DOMS' brand value and distribution capabilities to accelerate growth in the school bags segment and fulfill the bag/pouch requirements of the DOMS Group's Kits and Combos segment.

 

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Retail India News: Vintage Coffee Aims for Growth with Strategic Plans
Retail India News: Vintage Coffee Aims for Growth with Strategic Plans
 

Vintage Coffee and Beverages Limited (VCBL) has outlined ambitious strategies to strengthen its position in the global coffee market, revealing a series of initiatives aimed at boosting production capacity, expanding market reach, and delivering greater value to consumers.

Balakrishna Tati, Chairman and MD of Vintage Coffee and Beverages Limited, says “VCBL remains committed to delivering excellence in quality and service while spearheading innovation and expansion in the global coffee market. We are excited about the journey ahead and look forward to continued success and growth.

In response to the rising global demand for coffee, VCBL has decided to increase production capacity by an additional 2000 MT, targeting an annual capacity of 6500 MT. This expansion initiative is set to commence in the coming months and is scheduled for completion by the end of Q4FY25. Additionally, VCBL aims to boost the utilization of its current 4500 MTPA capacities to 100 percent by the end of Q2FY25, up from 52 percent in Q3FY24, with the proceeds from the ongoing preferential issue of shares facilitating working capital needs and necessary brownfield capex.

The planned brownfield expansion is expected to elevate VCBL's daily production capacity from 13 MT to 18 MT during the early stages of the fourth quarter of the current financial year. With this increased capacity, VCBL intends to pivot its sales strategy towards offering value-added products under various brands with rigorous certifications.

Furthermore, VCBL is poised to implement modern automated packaging lines to ensure safe and efficient container handling. The company has secured significant contracts in regions such as the Middle East, Europe, Russia, and West Africa. Moreover, VCBL aims to introduce its proprietary brands in West Africa and Russia to capitalize on emerging market opportunities.

Additionally, VCBL aims to penetrate specific segments of the Indian market, including e-commerce, HORECA, and retail spaces. With these strategic initiatives in place, the company anticipates a further 150 percent increase in revenue by the end of the fiscal year 2025.

 

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Radisson Hotel Group Appoints Nikhil Sharma as MD & ASVP for South Asia
Radisson Hotel Group Appoints Nikhil Sharma as MD & ASVP for South Asia
 

Radisson Hotel Group has appointed Nikhil Sharma as the Managing Director and Area Senior Vice President (ASVP) for South Asia, effective April 1, 2024.

In his new role, Nikhil Sharma will lead Radisson Hotel Group’s operations in the dynamic South Asia region, which boasts over 165 hotels in operation and development. He brings a wealth of experience and will play a pivotal role in strengthening the Group’s leadership in the Indian market, nurturing relationships with its valued partners, driving revenue growth, and ensuring operational excellence. Nikhil will also lead the Group’s vision of being an employer of choice for dynamic talent in the hospitality ecosystem.

Nikhil joins Radisson Hotel Group from Wyndham Hotels & Resorts (WHR) where he served as Market Managing Director Eurasia, overseeing Business Development, Operations, New Openings, and Sales & Marketing. Before his time at Wyndham Hotels & Resorts, he held the position of Chief Operating Officer at Ginger Hotels, a renowned brand under the IHCL conglomerate. He was also a founding member of the Lemon Tree Hotel Company and a significant contributor to the growth of India’s upscale hotel segment.

“Nikhil’s appointment reflects our commitment to strengthening our leadership team and driving strategic growth in South Asia. This region is a key market for us, and with Nikhil’s strategic vision and deep understanding of the industry, we are confident in our ability to further elevate our presence and deliver exceptional experiences to our guests,” said Chema Basterrechea, Global President & Chief Operations Officer at Radisson Hotel Group.

“In the past 25 years, Radisson Hotel Group has become synonymous with unparalleled hospitality and delivering memorable moments to millions of guests. We have leveraged the collective efforts of our teams to establish a first-movers advantage that has resulted in the expansion of our footprints in markets that are unique to the Group. We are pleased to welcome a dynamic leader like Nikhil to steer us ahead in this journey and wish him the best for leading Radisson Hotel Group’s next phase of growth in South Asia,” stated K.B. Kachru, Chairman, South Asia at Radisson Hotel Group.

“I am thrilled to be part of Radisson Hotel Group and to lead South Asia during this exhilarating period of growth. With a diverse portfolio of brands and hotels, the Group is poised to be the top choice for travelers and asset owners alike. I am grateful for this opportunity to drive innovation, deliver exceptional results, and elevate the brand while creating value for our stakeholders,” asserted Nikhil Sharma, Managing Director and Area Senior Vice President (ASVP), South Asia at Radisson Hotel Group.

Nikhil is an active contributor to the hospitality sector in India, serving on committees for various federations, associations, and industry bodies that drive transformative decisions within the industry. He is also a published author and a regular contributor to leading hospitality publications.

Radisson Hotel Group continues to command a leading presence in the Indian market and is one of the country’s largest international hotel operators with over 165 hotels in operation and development. It continues to be the largest hotel operator in tier-1 markets like Delhi NCR and at the same time, more than 50% of its portfolio is in tier-2 and 3 markets where it has benefited by being the first mover. With hotels dotted across 70+ locations in India, there is a Radisson Hotel Group hotel in every 4 hours of drivable distance across the length and breadth of the country operating under brands, including Radisson Blu, Radisson, Radisson RED, Park Inn by Radisson, Park Plaza, Park Inn & Suites by Radisson, Country Inn & Suites by Radisson and Radisson Individuals and its extension Radisson Individuals Retreats. Additionally, the Group is soon set to open doors to the first hotel under its lifestyle luxury brand Radisson Collection.

 

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Nykaa Debuts Exclusive Florence by Mills Collection
Nykaa Debuts Exclusive Florence by Mills Collection
 

Nykaa has revealed the exclusive debut of Florence by Mills, a beauty brand tailored for Gen Z. Prioritizing clean, budget-friendly, and diverse beauty essentials, Florence by Mills aims to empower its generation to embrace their individual beauty ideals.

Florence by Mills provides clean and cost-effective beauty essentials designed to adapt to evolving skin needs. Florence is dedicated to motivating its generation to establish their own beauty standards.

Brand is committed to using clean ingredients, cruelty-free methods, and sustainability, Florence ensures that each product not only benefits you but also contributes positively to the environment.

“We are thrilled to exclusively launch florence by mills on Nykaa, bringing Millie Bobby Brown's vision of clean and affordable beauty to our customers. As India's leading beauty destination, Nykaa is committed to offering the latest and most innovative brands to our discerning consumers, and florence by mills perfectly aligns with our mission. We believe that this collaboration will resonate strongly with our Gen Z audience, empowering them to embrace their individuality and redefine beauty standards”. said Anchit Nayar, Executive Director and CEO, Nykaa Beauty.

Florence by Mills is exclusively accessible through Nykaa's platforms, guaranteeing convenient access to their beauty essentials for consumers through the Nykaa app, website, and at Nykaa's physical retail outlets.

 

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Unveiling Ospree: Mumbai Travel Retail's Answer to Luxurious Duty-Free Shopping
Unveiling Ospree: Mumbai Travel Retail's Answer to Luxurious Duty-Free Shopping
 

Mumbai Travel Retail Private Limited (MTRPL) has made a strategic decision to streamline its brand identity and revolutionize the duty-free shopping encounter by undergoing a rebranding process to launch OSPREE. This rebranded Ospree marks a pivotal step for the company in consolidating its various duty-free holdings, spanning across Mumbai, Thiruvananthapuram, Amritsar, Lucknow, Jaipur, Ahmedabad, and Mangalore, into one cohesive entity. Operating within seven international airports in India, Ospree aims to extend its global presence further.

The inception of OSPREE signifies a modern approach towards enhancing the Duty-Free shopping experience. The name itself draws inspiration from the majestic Osprey, a migratory bird renowned for its elegance, precision, and extensive journeys across continents, mirroring the aspirations of the company. Stepping into the realm of Ospree promises a voyage beyond the mundane.

Avishek Bambi Das, CEO, MTRPL, stated, “The mighty Osprey flies around 5000 miles to land in new territories, much like our company’s ambitions. As we plan to expand our global footprint, it’s imperative to integrate all our duty-free stores under one unified brand identity that resonates with our values and aspirations. My thanks go to all our valued brand partners, Beam Suntory, William Grants, Brown Forman, Mondelez, Nestle, Moet Hennessey, Bose, Coty, Travel Blue, Paul John, Radico, and D'yavol, for making this launch event a huge success.”

With recent introductions such as Kylie Cosmetics’ debut in Asia and Don Julio, complemented by Asia’s first live DJ on the shop floor, along with D’YAVOL’s venture into the travel retail space, and flagship initiatives like the ‘Shop & Win' MTRPL campaign, the company has consistently maintained a position of leadership. By offering a blend of Indian craftsmanship and international brands, MTRPL has emerged as the pioneer in the Asia-Pacific region, introducing premium brands through strategic partnerships.

Ospree is poised to become the ultimate destination for global travelers in search of meticulously curated premium products, redefining duty-free shopping into a luxurious and hassle-free experience, featuring a diverse array of premium goods. This new brand identity represents a significant stride towards establishing a more relatable and personalized connection with customers.

The proactive approach towards refining their identity underscores the rebranding's objective of achieving 'One distinguished identity', reflecting the company's lofty ambitions.

 

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Retail India News: ITC Achieves Top Water Management Certifications in India
Retail India News: ITC Achieves Top Water Management Certifications in India
 

Multi-business conglomerate ITC Limited has secured the prestigious Platinum-Level AWS (Alliance for Water Stewardship) Certification for two of its advanced units in Ranjangaon, Maharashtra, reaching the highest global standard for water management. Additionally, ITC attained an exclusive Leadership Level ‘A’ score for Water Security from CDP, a renowned not-for-profit organization promoting engagement on global environmental issues.

The AWS certifications for the Ranjangaon units follow the company's success in obtaining the same accolade for its Foods Unit in Malur in 2022, recognized as Asia's inaugural food processing facility to receive the certification. Moreover, ITC's Paperboards Unit in Kovai became the first site in India and the world's premier paper mill to achieve AWS certification.

The esteemed AWS Certification entailed meticulous onsite and community-level evaluations at the Integrated Foods facility in Ranjangaon, Pune district. This unit produces ITC’s renowned food product brands such as YiPPee! noodles, Bingo! snacks, and Aashirvaad Atta, among others. Alliance for Water Stewardship (AWS) is a global coalition comprising businesses, NGOs, and the public sector dedicated to sustaining local water resources.

These certifications symbolize the scale and impact of ITC's extensive initiatives, ensuring sustainable water supply and responsible usage within the facilities. These efforts also extend beyond factory boundaries, addressing water security for stakeholders in the catchments and benefiting local communities. Notably, these initiatives have rendered the Ghod river basin water positive.

Aligning seamlessly with the Jal Shakti Abhiyan, ITC supports small and marginal farmers in establishing Water User Groups (WUGs) for community-based participatory management of local water resources.

S Sivakumar, Group Head – Agri, Sustainability and Social Investment Programmes, ITC Ltd said, “ITC has been steadfast in strengthening its comprehensive water stewardship initiatives over the years. With four ITC facilities now rated platinum under the prestigious AWS framework, we will maintain the momentum and stay committed to attain this highest global certification in all our sites by 2035, wherever the threat of water shortage may arise in future. Entering the CDP 'A' List for water security is yet another testament to the innovative efforts by ITC, especially to ensure water security for all our stakeholders.” 

Emphasizing a 360-degree approach to water stewardship, ITC's Sustainability Program focuses on efficient water management and conservation through watershed development initiatives, covering over 15 lakh acres and benefiting more than 4.40 lakh people.

Looking ahead, as part of the Sustainability 2.0 agenda, ITC aspires to create rainwater harvesting potential equivalent to over five times its net water consumption by 2030, alongside a targeted 40 percent reduction in specific water consumption compared to the FY 2018-19 baseline.

In essence, ITC's journey in water stewardship sets a benchmark in corporate responsibility and sustainable practices, paving the way for a greener, more sustainable future.

 

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Retail India News: Tramontina Expands Reach in Indian Retail Market
Retail India News: Tramontina Expands Reach in Indian Retail Market
 

Tramontina, a globally recognized houseware brand with a rich Brazilian heritage spanning a century, has announced its eagerly awaited entry into the Indian retail market. With a presence in over 120 countries, the brand is set to introduce its renowned standards of quality and innovation to India with specially curated product lines tailored to suit Indian preferences.

This launch in India marks a significant milestone in Tramontina's journey of growth and expansion, building upon its successful ventures in North America, Latin America, and Europe. Prioritizing health and safety, the brand will kickstart its Indian venture by introducing a range of toxin-free cookware, with plans to expand into a comprehensive houseware solution range encompassing cookware, tableware, cutlery, furniture, and more shortly. Concurrently, Tramontina aims to establish a strategic partnership to establish a state-of-the-art manufacturing facility in India, thereby reinforcing its presence and diversifying its product offerings.

Marcelo Borges, CEO of Tramontina US said, “With our foray into the dynamic Indian retail landscape, we are excited to extend Tramontina's legacy of craftsmanship and innovation to discerning Indian consumers. Our diverse product portfolio caters to a wide array of household needs, blending practicality with elegance, and we are confident of a warm reception in India. We are assembling a seasoned leadership team in India, led by Aruni Mishra, to oversee operations and ensure an unparalleled experience for our Indian clientele.

Aruni Mishra, CEO of Tramontina India said, “I am delighted to embark on this new chapter with Tramontina as we enter the vibrant Indian market. With a burgeoning young demographic in the country, there is a growing inclination towards cooking and embracing a healthy lifestyle. Tramontina is well-positioned to meet this evolving demand by offering Indian consumers durable products that prioritize health and safety, ensuring a 100 percent worry-free cooking experience.

Established in 1911 in Carlos Barbosa, South America, Tramontina has emerged as a household name over the past century, boasting a vast product range exceeding 22,000 offerings, spanning cookware, furniture, appliances, and more. The brand's meticulous manufacturing processes guarantee products that are not only aesthetically superior but also durable.

Demonstrating a commitment to sustainable practices, Tramontina upholds a comprehensive Environmental Management Program to ensure the judicious use of natural resources, underscoring its dedication to environmental responsibility.

With its debut in the Indian market, Tramontina intends to roll out a "worry-free" cookware range and its renowned knife collection in the initial phase, followed by flatware and tableware assortments. Designed to meet the standards of both everyday home users and professional chefs, this professional-grade cookware is crafted without toxins and PFAS, establishing it as a safe and preferred choice for Indian households. Tramontina aims to elevate household experiences for Indian consumers, aspiring to become an indispensable part of Indian homes for generations to come.

 

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[Funding Alert] Jumbotail Bags Rs 151 cr in Series C3 Funding Round Led by Artal Asia
[Funding Alert] Jumbotail Bags Rs 151 cr in Series C3 Funding Round Led by Artal Asia
 

Jumbotail, India’s prominent B2B marketplace and New Retail platform for food and grocery has successfully raised Rs 151 crore in equity capital during its Series C3 funding round, with Artal Asia Pte. Ltd. (“Artal”) leading the investment. Other key investors included Heron Rock, Sabre Investment, Arkam Ventures, Jarvis Reserve Fund, Reaction Global, and VII Ventures. The funding infusion is earmarked to bolster Jumbotail’s suite of GTM (Go-To-Market) products and services, facilitating new and emerging brands to access mass-market consumers through Jumbotail’s extensive network of kirana stores across India. Jumbotail's strategic focus revolves around deploying AI-driven technologies to drive higher customer wallet share by capitalizing on its robust sourcing capabilities across FMCG and staples, along with its industry-leading kirana supply chain.

Ashish Jhina, Co-Founder and COO of Jumbotail said, “Jumbotail serves as the most expedient and capital-efficient avenue for brands to tap into over 100 million urban middle-class consumers through kirana stores on our platform. Our intent is to fortify our leadership position by deepening our presence in existing markets and facilitating brands to reach kiranas with minimal total cost of activation and the swiftest route to market in the sector. We anticipate achieving full profitability on an operational basis across our entire network by the end of 2024. We are gratified to witness esteemed investors reaffirming their commitment to our mission of revolutionizing India’s food and grocery retail ecosystem.

A multitude of national and regional brands in India directly collaborate with Jumbotail, jointly strategizing to enhance range availability, product discovery, and sales growth to kirana stores through Jumbotail’s eB2B platform. Through Jumbotail, brands wield significant influence over the entire demand funnel, from generating kirana awareness about their products to driving consumer awareness via kirana stores, utilizing Jumbotail’s digital marketing suite and tech-driven ops capabilities. With over 60 percent market penetration of kiranas in the cities it serves, Jumbotail boasts the highest wallet share and monthly purchase frequency among small and medium kirana stores in the industry. All sales generated by Jumbotail are through unassisted digital orders placed organically by kirana stores across India via Jumbotail B2B digital retailer app. The company’s remarkable 98 percent order fill rate and 95 percent on-time deliveries, coupled with its fintech-enabled access to working capital, offer kiranas an unparalleled service level, rendering Jumbotail the preferred platform for small and medium kirana stores and FMCG and staples brands targeting urban middle-class consumers through these kiranas.

Benjamin Felt, Board Member of Jumbotail and Managing Director of Invus, the global advisor of Artal said, "We are enthused to witness Jumbotail's sustainable growth trajectory, underscored by a robust focus on profitability and capital efficiency. Since Artal’s initial investment in Jumbotail in 2021, the company has consistently showcased its distinctiveness and market leadership in digitally empowering the kirana ecosystem.

Since its previous equity funding round in December 2021, Jumbotail has reinforced its market dominance, expanded its footprint nationwide, and substantially augmented market reach for its FMCG and staples brand partners, leveraging its economies of scale to expedite the journey towards profitability. The company intends to onboard top-tier teams in deep sourcing, category management, product management, AI/ML, and marketing.

With an estimated 12 million kirana stores in India overseeing more than 95 percent of the country’s $600B+ food and grocery market, these stores remain indispensable for Indian consumers and serve as the economic backbone of the nation. Startups like Jumbotail, armed with technology, supply chain, and fintech solutions, are poised to reshape the kirana store ecosystem at an unprecedented pace and scale in the coming years, empowering kirana retailers to meet the evolving needs of the next-generation Indian consumer.

 

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Retail India News: Livpure Q3 Results: Reports Robust Financial Growth, Driven by Strong Revenue Growth
Retail India News: Livpure Q3 Results: Reports Robust Financial Growth, Driven by Strong Revenue Growth
 

Livpure, a prominent player in India's home and living consumer product sector, has announced impressive financial results for the third quarter of the fiscal year 2023-24. The company achieved a remarkable 77 percent quarter-over-quarter revenue growth in its Water-as-a-Service (WAAS) category, reaffirming its pioneering role in the water subscription segment.

The company's diverse product portfolio experienced significant growth across various segments during the quarter. The water purifier category witnessed a substantial 61 percent growth, while the air cooler and sleep categories saw impressive increases of 171 percent and 91 percent, respectively. This strong performance underscores Livpure's dedication to innovation and its commitment to offering exceptional products that cater to the diverse needs of consumers.

The growth trajectory extended across all sales channels, with notable increases recorded. General trade witnessed a solid 52 percent growth, while e-commerce experienced an astounding 336 percent surge. Modern trade and exports also saw substantial growth, with increases of 181 percent and 289 percent, respectively. These figures underscore Livpure's strategic expansion efforts and its ability to engage consumers through various touchpoints.

Rakesh Kaul, MD of Livpure said, “We are delighted with the remarkable growth achieved in the third quarter, particularly in our flagship Water-as-a-Service category. Our achievement is a result of our steadfast commitment to innovation, quality, and customer satisfaction. We remain dedicated to providing cutting-edge solutions that enhance the well-being of our customers and contribute to a healthier and more sustainable future.” 

Among the notable highlights of the quarter was Livpure's first-ever export of air coolers to Nepal, serving over 6 million satisfied consumers to date. The successful launch of new products, including Hydroboost, new air cooler models, and the integrated UTC-Stealth, also contributed to the company's growth. Additionally, Livpure expanded its retail footprint by partnering with renowned chains such as Aditya Vision, Maharashtra Elect, Surya Electronics, Reliance Digital, and JioMart.

With its innovative product offerings, expanding distribution network, and customer-centric approach, Livpure continues to consolidate its position as a leader in the home appliance industry. The company remains focused on driving sustainable growth and establishing new benchmarks for excellence in the retail sector.

 

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Retail India News: Lee Cooper Disrupts Flagship Women's Footwear Segment with 'No Shoe Party'
Retail India News: Lee Cooper Disrupts Flagship Women's Footwear Segment with 'No Shoe Party'
 

Lee Cooper, the renowned denim brand, organized an exclusive "No Shoe Party" in Mumbai to unveil its flagship women's footwear collection. This marked Lee Cooper's entry into the women's footwear segment, with a unique event where guests were encouraged to shed their shoes and step into the world of Lee Cooper footwear. The party lasted until the early hours, with attendees dancing the night away in the comfortable Lee Cooper footwear, and they were pleasantly surprised to receive their chosen footwear as gifts after the event.

The SS’24 women's footwear collection by Lee Cooper, named "Shoes Don't Judge," offers a diverse range of designs suitable for various styles and occasions. This collection features a unique style, a wide range of colors, and materials suitable for all events. In a world filled with judgment and stereotypes, shoes symbolize impartiality and acceptance. They do not discriminate based on appearance, status, or background. Instead, they serve as a form of self-expression, enabling individuals to express their true selves. For Lee Cooper, "Shoes Don't Judge" is not just a campaign but a movement that celebrates individuals' choices and preferences without judgment.

Adding to the launch of Lee Cooper's flagship women's footwear range was the presence of the talented actress Sanya Malhotra, who expressed her excitement about the "Spring Summer’24 collection." She praised the collection for its quality, comfort, and style, stating that it has become her personal favorite.

The concept of the "No Shoe Party" was created to celebrate individuality, perfectly aligning with Lee Cooper's values of self-expression and authenticity. Guests enjoyed an evening of music, fashion, and fun while showcasing Lee Cooper's stylish and comfortable footwear. Winners of a digital contest across Lee Cooper’s social media platforms also joined in the celebration, adding to the excitement of the event.

 

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Retail India News: BSH Home Appliances Marks its Advent in the Cleaning Category in India
Retail India News: BSH Home Appliances Marks its Advent in the Cleaning Category in India
 

BSH Home Appliances Pvt. Ltd a subsidiary of BSH Hausgeräte GmbH, a global leader in the home appliance industry, has introduced the Bosch Unlimited 7 Handstick Vacuum Cleaner for Indian consumers. This launch signifies an endeavor to redefine home cleaning experiences in India, addressing local consumer preferences and needs effectively.

The Bosch Unlimited 7 stands out as an ideal solution for Indian households, efficiently capturing over 99.9 percent of dust. This innovative vacuum cleaner responds directly to the changing needs of Indian homes, combating escalating dust levels resulting from rapid construction and increased pollution.

Powered by a TurboSpin motor generating 66,000 rpm, the Unlimited 7 ensures robust suction power across various surfaces. With a 3.0 Ah battery, it offers extended runtime, enabling cleaning of up to 1000 sq ft on a single charge. Its flexible tube enhances maneuverability, while the quick stand facilitates convenient storage, streamlining the cleaning process.

The Unlimited 7 distinguishes itself with intuitive features like the nozzle foot release, flex tube, and ergonomic handheld design. Its flexible tube adapts to user movements, simplifying cleaning of tricky spots without strain. LED lights illuminate dark corners, ensuring thorough cleaning, while the auto mode with auto-adjust power optimizes efficiency based on the surface being cleaned.

Saif Khan, MD and CEO, BSH Home Appliances said, “At BSH, we put consumers at the forefront of our innovations. Introducing the BSH Unlimited 7 Handstick Vacuum Cleaner marks our strategic entry into the cleaning category. In a landscape where lifestyles continually evolve, so do the expectations of consumers. The Unlimited 7 seamlessly aligns with this transformative shift, presenting itself not merely as a cleaning tool but as a sophisticated smart companion, bringing innovative solutions to elevate the cleaning experience for modern Indian households.

In addition to its exceptional features, the Bosch Unlimited 7 Handstick Vacuum Cleaner is available in multiple color options, providing customers the flexibility to choose according to their aesthetic preferences. Priced at Rs 30,000 onwards, the Bosch Unlimited 7 Handstick Vacuum Cleaner is poised to revolutionize the Indian market, offering consumers a superior cleaning solution blending power, efficiency, and convenience seamlessly.

 

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Retail India News: Skechers Showcases Streetwear Capsule at Lakme Fashion Week
Retail India News: Skechers Showcases Streetwear Capsule at Lakme Fashion Week
 

American footwear and apparel brand Skechers made its inaugural appearance at Lakmē Fashion Week in partnership with the Fashion Design Council of India (FDCI), unveiling a streetwear apparel capsule collection designed by Indian designer Kanika Goyal, according to a press release issued. Known as 'Retroverse,' the Skechers X Kanika Goyal collaboration will hit retail stores on 22 March 2024.

The event, hosted at Jio World Convention Centre in Mumbai's Bandra Kurla Complex, witnessed over 1,300 events and welcomed more than 2.5 million visitors.

Today we debuted Skechers India’s first streetwear collection at the Lakmē Fashion Week X FDCI. Though the Skechers ‘Retroverse’ capsule is a wink to our past, it represents a step forward for our brand as we push the boundaries of fashion innovation and walk the runway of Lakmē Fashion Week in partnership with FDCI,” said Rahul Vira, CEO, Skechers Asia Pvt Ltd

Indian actress and Skechers brand ambassador Kriti Sanon graced the runway as the showstopper for the fashion show.

Kanika Goyal shared her enthusiasm for collaborating with Skechers to create their inaugural capsule collection for India, describing the experience as exhilarating and creative.

Skechers South Asia, a subsidiary of California-based Skechers U.S.A Inc., was founded by Robert Greenberg in 1992. The company specializes in designing, developing, and marketing lifestyle and performance footwear, apparel, and accessories for men, women, and children.

With a presence in 180 countries and territories, Skechers products are available through various retail channels, including department stores, specialty stores, digital platforms, and approximately 5,170 company and third-party-owned physical retail outlets.

 

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Retail India News: Decathlon to Ramp Up Retail and Manufacturing Investments in India
Retail India News: Decathlon to Ramp Up Retail and Manufacturing Investments in India
 

Decathlon, the French sports retailer, is intensifying its efforts to expand production and strengthen its retail presence in India, which Barbara Martin Coppola, its Global CEO, describes as one of its "most important" global markets.

Decathlon anticipates sustaining its robust growth momentum in the Indian market, which is evolving into a crucial manufacturing hub for the sports retailer. Currently, around 65 percent of its production in India is exported to global markets.

India ranks among Decathlon's top ten global markets, boasting a growth rate twice that of others since its entry in 2009. The retailer operates 129 stores across the country. Coppola commends India's evolving sports culture, particularly among the middle class, driven by rising incomes and a burgeoning economy. She notes a growing appetite for sports consumption and vibrant energy in Decathlon's stores, affirming India's status as a major market for the brand.

Decathlon plans to accelerate local production and sourcing while expanding its retail footprint in India. The country is pivotal to Decathlon's global operations, leveraging its digital prowess and innovative manufacturing capabilities. With India progressively manufacturing diverse sports products, including bikes, backpacks, tents, and textiles, Decathlon aims to increase local sourcing to 85 percent within the next two years.

The retailer acknowledges India's burgeoning sports participation, fueled by societal shifts and increased disposable incomes. The middle class, in particular, is embracing sports, aided by a rise in sporting avenues and leisure spending. Decathlon's app has garnered nearly 29 million downloads in India, offering a seamless omni-channel experience that extends beyond selling sports goods to providing space for sports-related activities in its stores.

 

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Retail India News: Samsung Anticipates 24% Surge in Rs 30,000 Smartphone Market, Unveils Galaxy A55 and A35
Retail India News: Samsung Anticipates 24% Surge in Rs 30,000 Smartphone Market, Unveils Galaxy A55 and A35
 

In an exciting development for tech enthusiasts, Samsung predicts a substantial 24 percent surge in the Rs 30,000-50,000 smartphone segment this year. This projection comes alongside the launch of its latest premium segment smartphones, the Galaxy A55 and Galaxy A35. Aditya Babbar, VP MX Business at Samsung India, highlighted the company's anticipation of outpacing market growth, attributing it to the rising trend of premiumization and accessible finance options.

"The Rs 30,000-50,000 smartphone segment is witnessing remarkable growth, with analysts projecting a 24 percent volume increase this year. We're confident of exceeding this growth rate," stated Babbar.

Samsung, holding an 18 percent market share in 2023 as per Counterpoint Research, aims to fortify its leadership position in the premium smartphone space with the new releases. The Galaxy A35 5G is priced between Rs 27,999 and Rs 30,999, while the Galaxy A55 5G ranges from Rs 36,999 to Rs 42,999.

Babbar emphasized Samsung's commitment to enhancing user experiences through a three-pronged approach: democratization of features, affordability, and experience. The new devices boast features like metal frames, IP67 water resistance, Gorilla Glass Victus protection, and Samsung Knox Vault security.

Counterpoint Research data suggests a promising outlook for India's smartphone market, with a projected 5 percent growth in the coming year. Factors contributing to this growth include the increasing adoption of 5G, premiumization trends, and improved economic conditions.

The surge in the premium segment in 2023, witnessing a 64 percent year-on-year growth, was fueled by accessible financing schemes. Samsung, in collaboration with partners like Bajaj Finance and other NBFCs, aims to further facilitate purchases through installment plans, starting at Rs 1,792 per month for the Galaxy A55.

With these strategic moves, Samsung is poised to capitalize on the burgeoning demand for premium smartphones, offering consumers cutting-edge technology coupled with accessible financing options.

 

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Godrej Interio Aims for Rs 250 cr Retail Expansion in India's Mattress Market
Godrej Interio Aims for Rs 250 cr Retail Expansion in India's Mattress Market
 

Godrej and Boyce, the cornerstone of the Godrej Group, have revealed plans for their retail arm, Godrej Interio, to elevate its mattress category to Rs 250 crore within the next three years. The renowned furniture solutions brand is gearing up to enrich its mattress range across diverse price segments and venture into complementary categories like sofa beds, mattress beds, bases, and accessories to ensure optimal posture support. Prioritizing wellness, the brand recently introduced a range of innovative mattresses, including the Air Sense mattress with a removable and washable 3D Silver Mesh top for enhanced breathability and temperature control. Additionally, their patented Posture Support Mattress, featuring Pressure Neutralising Zones, promises tailored support according to individual body weights.

Dev Sarkar, Senior Vice President (B2C) at Godrej Interio said, “In India, the evolving lifestyle dynamics, characterized by increased stress and anxiety, are reshaping the mattress industry. We firmly believe that quality sleep is intrinsically linked to overall well-being, elevated living standards, and enhanced productivity. A supportive mattress is essential for rejuvenating sleep, ensuring individuals wake up refreshed and revitalized. Recent studies have underscored the crucial role of mattress designs in improving sleep quality, alleviating pain, and maintaining spinal alignment. At Godrej Interio, we integrate extensive research into our design philosophy, evident in our Pressure Neutralising and 3D Silver Mesh technology, alongside our focus on advanced foam materials. With a dedication to innovation and customer well-being, we are poised to achieve a 20 percent Compound Annual Growth Rate (CAGR) in our mattress category over the next three years.

The burgeoning disposable income of consumers and their heightened awareness regarding the impact of mattresses on overall health and sleep quality are driving significant growth in the market.

According to the HomeScapes study commissioned by Godrej Interio, one in every three respondents (33 percent) regards their home as a sanctuary—a haven for personal relaxation, meditation, self-care, and enjoying moments in the balcony garden. Recognizing the pivotal role of sleep in holistic well-being, the market has transitioned from conventional mattresses to a diverse range, reflecting evolving consumer preferences influenced by travel experiences. There has been a shift from traditional coir mattresses to a diverse array, including Pu Foam, Bonded Foam, Memory Foam, Latex, and various spring variants like Bonnel and Pocket. Godrej Interio addresses this evolving demand with its Accupadic range, featuring the Aqmatic Mattress (available in Bonnel and Pocket Spring variants). Beyond mere comfort, this mattress contributes to optimal blood circulation and speedy recovery from muscle strain. Elevate your sleep experience with the Accupadic Aqmatic Mattress—ushering in a new era of comfort and well-being.

In celebration of World Sleep Day, the brand is offering customers discounts of up to 15 percent or the chance to win exciting gifts (pillows/comforters, etc.) worth up to Rs 22,000.

 

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Retail India News: Pantaloons to Redefine Professional Fashion with 'Workdrobe'
Retail India News: Pantaloons to Redefine Professional Fashion with 'Workdrobe'
 

Pantaloons has introduced its latest campaign, 'Workdrobe,' aiming to celebrate the unique style of every woman and encourage them to express their authentic selves in the workplace. 'Workdrobe' focuses on adaptability, comfort, and originality in professional attire, empowering women to confidently showcase their individuality while pursuing their careers.

Conceived by Pantaloons and Chalk and Chini, the 'Workdrobe' campaign features a diverse group of women in various professional settings, each representing a distinct sense of fashion and work approach. With the tagline 'Your Work Day, Styled Your Way,' the campaign highlights women confidently making their work choices, embracing their true selves, and redefining style according to their preferences.

From the Creative Genius sporting bold prints and unconventional silhouettes to the Glam Powerhouse exuding sophistication with a touch of glamour, the campaign showcases the diverse possibilities of fashion beyond traditional office hours. Reflecting the evolving nature of work post-pandemic, the campaign also portrays real-life work scenarios, including the Elegant Multitasker managing work from home and the inspiring D2C Entrepreneur embodying the Boss Lady persona.

The campaign brings to life Pantaloons' extensive range of fashion offerings for the workplace, featuring printed coordinated sets, contemporary kurta sets, well-tailored classic pieces, comfortable dresses, and essential accessories such as shoes and bags. Additionally, the campaign includes an exclusive workwear collection by W, available exclusively at select Pantaloons stores.

Sangeeta, CEO of Pantaloons said, "The nature of work and workwear has evolved drastically over time. Office goers now bring their unique personalities to work and represent themselves, confidently and authentically in all that they do. The ‘Workdrobe’ campaign encourages authenticity, creativity, and self-expression, reflecting the modern woman's diverse interests and fashion choices.

In a world full of ‘shoulds’ and ‘musts’, our muse for the campaign chooses ‘can’ and ‘will’. Confidence is her fashion, and she wears it boldly in her own unique way that works for her. With ‘Workdrobe’, we have tried to put the spotlight on this woman as she extends her individuality to her workplace with an authentic flair,” added Isha Sahu, Founder and Strategist, Chalk and Chini. 

 

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Retail India News: Voltas Expands SmartAir Inverter AC Portfolio with New Innovation
Retail India News: Voltas Expands SmartAir Inverter AC Portfolio with New Innovation
 

In a bid to fortify its dominance in India's retail Cooling Products sector, Voltas, the leading brand in the realm of cooling solutions and the premier AC brand under the Tata group, has rolled out its latest innovation – the SmartAir Inverter AC series. This new lineup is designed to cater to the evolving demands of consumers, blending advanced technology with affordability.

The SmartAir Inverter AC series boasts a range of intelligent features and IoT capabilities aimed at enhancing user experience. With lower noise levels, seamless temperature adjustments, and advanced functionalities accessible through the Voltas Smart Mobile App, consumers are offered unprecedented control and convenience. Notably, the IoT-enabled devices can effortlessly integrate with users' networks and smart speakers, compatible with popular platforms like Alexa and Google Home. Furthermore, consumers can track and analyze their energy usage with the Energy Consumption Trend graph feature.

Pradeep Bakshi, Managing Director and CEO, Voltas Limited said, “Voltas has always been a flag bearer of innovation in the Cooling Products and Home Appliances domain. The product that we have launched is in line with the market demand and to meet the growing expectations of consumers in the Indian market, by offering them unique technology at an affordable price. Voltas’ SmartAir ACs come with a unique value proposition of smart and IoT enabled features and its unique Super Silent Operation for additional comfort and convenience. Given the strong summer predictions, we at Voltas are well-prepared to meet the surge in demand with our new range."

With consumer preferences shifting towards tech-savvy options that prioritize comfort and convenience, Voltas aims to capitalize on this trend with its SmartAir ACs. The company's market insights indicate a growing inclination among Indian consumers to upgrade their home appliances, particularly those equipped with advanced technology.

To complement its product launch, Voltas will soon unveil a television commercial as part of its summer promotional campaign, highlighting the effectiveness of the SmartAir Air Conditioners. The 2024 RAC product portfolio by Voltas encompasses a total of 81 SKUs, including a variety of Inverter ACs, Fixed Speed Split ACs, Window ACs, Air Purifiers, and Water Heaters. Additionally, the company has introduced 47 new SKUs of Commercial Refrigeration products, further strengthening its overall portfolio.

As the summer approaches, Voltas aims to entice consumers with attractive financing offers, including cashback incentives, easy EMI finance options, and a 5-Year Warranty on PCB, ensuring ease of adoption and accessibility for customers. With its SmartAir Inverter AC series, Voltas continues to set the benchmark for innovation and affordability in India's retail Cooling Products market, catering to the evolving needs of consumers while maintaining its position as the industry leader.

 

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Retail India News: Jaypore Expands Product Portfolio with New Spring Summer '24 Range
Retail India News: Jaypore Expands Product Portfolio with New Spring Summer '24 Range
 

Jaypore introduces its Spring Summer '24 collection, blending traditional Indian craftsmanship with modern aesthetics. The collection features a range of breathable cotton garments, including floral dresses, kurtis, and trousers, designed for comfort and style in the warm weather.

As one of India's premier artisanal brands, Jaypore offers a diverse selection of apparel, jewelry, home decor, and accessories. The brand is committed to showcasing authentic Indian products that celebrate the country's rich heritage while catering to modern lifestyles.

Sooraj Bhat, CEO, Ethnic Business, Aditya Birla Fashion and Retail Ltd said, “The SS’24 collection highlights Jaypore's steadfast commitment to harmonizing traditional craftsmanship with contemporary aesthetics. It reflects our firm dedication to providing customers with timeless apparel, jewellery and home accents that pays homage to our rich historical legacy while embracing modernity. The new SS’24 collection embodies a timeless elegance while prioritizing the comfort and crafts this season needs. The light fabrics, chic silhouettes, and crafts such as block prints, Ajrakh, Hand-embroidery, Chikankari, Ikat textiles, Tribal silver, Temple, and Filigree jewellery, and many more make a perfect addition to any summer wardrobe and home.”  

The SS'24 collection features curated Indian crafts like block prints, ajrakh, hand embroidery, and ikat, among others. The 'Lagom' range, inspired by Bauhaus aesthetics, combines modern design with traditional Ajrakh prints, creating a unique fusion of artistry and sophistication. Drawing inspiration from nature, the Kaashni collection showcases line-drawn floral motifs and vibrant block prints, capturing the essence of spring. The Gauri range pays homage to Goddess Parvati with its classic ethnic silhouettes and khadi block prints, evoking purity and brilliance.

The Camilla collection features botanical prints on breezy linen blend fabrics, while the Naisha range offers sorbet-dipped hues and delicate embroidery for a fresh summer look. For men, the Chippa and Aadir collections offer modern interpretations of traditional craft techniques, such as hand-pressed block prints and striped patterns.

In addition to apparel, Jaypore's SS'24 collection includes artisanal accessories like tribal silver earrings, filigree necklaces, and temple jewelry, adding the perfect finishing touch to any ensemble. With prices starting at Rs 3,000, the SS'24 collection invites fashion enthusiasts to explore and embrace India's rich heritage of craftsmanship. The collection is now available at Jaypore stores nationwide and online.

 

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Retail India News: JBL Debuts Sustainable Speakers for Holi Celebrations
Retail India News: JBL Debuts Sustainable Speakers for Holi Celebrations
 

As Holi approaches, JBL introduces its latest range of eco-friendly speakers, capturing the essence of the festival while prioritizing sustainability. Offering a diverse selection, from the compact JBL CLIP 4 Eco and JBL Go 3 Eco for on-the-go music enthusiasts to the robust PartyBox Club 120 and PartyBox Stage 320 speakers for terrace and rooftop gatherings, JBL aims to enhance festive experiences while minimizing environmental impact.

The JBL Go 3 Eco and JBL Clip 4 Eco deliver five and ten hours of uninterrupted music playback, respectively, boasting IP67 waterproof and dustproof features for durability. Crafted with 90 percent PCR plastic and 100 percent recycled fabric, these speakers come in sustainable packaging, reducing the consumption of virgin plastic and lowering the product's overall carbon footprint.

Expanding its PartyBox range, JBL introduces the PartyBox Club 120 and PartyBox Stage 320, featuring powerful sound and enhanced bass, ensuring an unforgettable Holi celebration. With splashproof and dust/colorproof technology, these speakers guarantee uninterrupted music and revelry during the festival.

Equipped with AI Sound Boost, the PartyBox Club 120 offers twelve hours of playtime and two mic inputs, while the PartyBox Stage 320 boasts two high-sensitivity woofers and dual tweeters for detailed sound reproduction. Both speakers incorporate post-consumer recycled materials, contributing to environmental sustainability.

To promote the new lineup, JBL plans on-site activations at retail locations and malls across North, East, and West India, allowing customers to experience the exceptional sound quality and durability firsthand. These activations aim to highlight JBL's commitment to providing innovative and eco-friendly audio solutions for every occasion, including the festive season.

Vikram Kher, Vice President of Lifestyle at HARMAN India said, “This year, the festival of colors deserves a sound that resonates with vibrancy, and JBL is here to deliver that. This new launch we're not only bringing the party with powerful sound and immersive experiences, but also doing our part for the environment with our eco-friendly options. Let this Holi be remembered not just for the colors but for the unbeatable beats that accompany them.

 

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Retail India News: Bad Monkey Beer Makes Official Entry into Uttar Pradesh
Retail India News: Bad Monkey Beer Makes Official Entry into Uttar Pradesh
 

Sinq Beverage Pvt Ltd, the creator of Bad Monkey Beer, has officially launched its product in Uttar Pradesh, India. Priced at Rs 130 for a 500 ml can, Bad Monkey Beer offers a strong taste, boasting alcohol by volume (ABV) of up to 8 percent.

With a growing fan base from the streets of Delhi to the cultural landscapes of Punjab, Chandigarh, Jharkhand, Daman Diu, and Silvassa, Bad Monkey Beer has become synonymous with premium taste and quality across India. Its popularity reflects the brand's dedication to delivering excellence.

Rohan Khare, Founder of Sinq Beverage Pvt Ltd said, "Uttar Pradesh is a crucial market for us. With our success in Delhi, Jharkhand, and other states, we are confident that Bad Monkey Beer will appeal to the discerning palates of beer consumers in Uttar Pradesh. With its robust flavour profile along with a smooth finish, Bad Monkey beer promises a drinking experience that is both bold and refined, embodying the spirit of adventure and discovery in every sip. Bad Monkey Beer invites Uttar Pradesh residents to experience its exceptional taste and quality, as it joins the state's dynamic beer market.

India's beer market is on a steady growth trajectory, with an expected annual growth rate of 5.94 percent from 2023 to 2028, according to Statista. In 2023 alone, the market generated $11.6 billion in revenue, with projections to reach $23.45 billion by 2029.

Fueled by local success, Bad Monkey Beer is set on conquering international markets and becoming a global icon. Its expansion into Australia, New Zealand, and Middle Eastern countries marks the beginning of an ambitious journey, with each can crossing oceans to captivate new palates and hearts worldwide.

 

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Retail India News: Tanishq Expands High Jewellery Portfolio with "Ethereal Wonders"
Retail India News: Tanishq Expands High Jewellery Portfolio with "Ethereal Wonders"
 

Renowned jewellery retail brand Tanishq, recognized for its exquisite diamond jewellery, craftsmanship, and quality designs, introduces its latest high jewellery collection, "Ethereal Wonders." This collection is a magnificent fusion of indulgence, glamour, and whimsy, featuring brilliant diamonds and rare gemstones meticulously arranged to create wearable art.

"Ethereal Wonders" is a testament to Tanishq's commitment to pushing the boundaries of high jewellery design. Each piece in this curated ensemble has been crafted with precision, showcasing the luminosity of rare orange sapphires, the opulence of velvety tanzanites, the vibrancy of emeralds, the fervor of fiery rubies, and the magnificence of tourmalines from exotic locations like Tanzania, Brazil, Myanmar, and beyond.

Sophistication meets enchantment in this high jewellery collection, where simplicity intentionally highlights the innate beauty of gemstones. The result is a captivating design that transcends trends, inviting wearers to appreciate the exquisite details and craftsmanship embodied in each gemstone—a timeless expression of elegance and artistry.

Revathi Kant, Chief Design Officer, Titan Company Limited said, ‘Ethereal Wonders’ as, "Embark on a journey of exquisite craftsmanship that transcends traditional boundaries and transforms each piece into a narrative inspired by unique stories associated with exotic gemstones. This collection, steeped in rarity, offers an ultra-luxurious fusion of tradition and modernity. Inspired by sculptural forms and modern sensibilities, 'Ethereal Wonders' invites you to embrace sophistication—a timeless investment in fashion and an enduring legacy of style. Exclusive techniques, rare gemstone combinations, and dynamic surfaces breathe life into this wearable art, capturing the beauty of gemstones in a mesmerizing blend of modern design aesthetics."

This collection is an invitation to revel in a grand yet timeless look, effortlessly fusing timeless silhouettes and contemporary grace, embodying the essence of luxury through the intricate beauty of each meticulously crafted piece.

 

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Retail India News: U&i Widens Legacy Series Range for Retail Market
Retail India News: U&i Widens Legacy Series Range for Retail Market
 

U&i has introduced its latest innovation, the U&i Legacy Series Wireless Speaker. This cutting-edge speaker aims to transform the way consumers experience sound, delivering high performance in a compact and stylish form. Designed to Impress: The U&i Legacy Series Wireless Speaker features a sleek and modern design suitable for any environment. Its compact size makes it perfect for on-the-go use, while its premium build quality ensures durability and longevity.

Exceptional Audio Quality: With dual 52mm speakers, each delivering 6 Watts of power, the U&i Legacy Series Wireless Speaker offers crystal-clear sound with enhanced bass for an immersive listening experience. Whether enjoying music, podcasts, or videos, this speaker provides rich, powerful, and depth-filled audio.

Versatile Connectivity: Experience true wireless freedom with the U&i Legacy Series Wireless Speaker. Using Bluetooth 5.2 technology, this speaker allows seamless connectivity with devices up to 10 meters away. Additionally, it features an FM radio, TF card reader, USB port, and a built-in microphone for hands-free calling, offering endless entertainment options on the go.

Long-lasting Battery Life: The U&i Legacy Series Wireless Speaker is powered by a high-capacity 1200 mAh battery, providing up to 6 hours of continuous playback on a single charge. Whether at home, in the office, or on the go, consumers can enjoy uninterrupted music playback without worrying about running out of battery.

 

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Retail India News: Fast&Up Aims to Expand Retail Presence in the UK After Successful ASDA Placements
Retail India News: Fast&Up Aims to Expand Retail Presence in the UK After Successful ASDA Placements
 

Fast&Up, India’s leading sports and health nutrition brand, is set to enhance its footprint in the UK market following successful placements in over 200 ASDA Stores Limited, a prominent British supermarket chain. The range is also accessible at leading Independent Pharmacies and Alliance Healthcare, the UK's leading Pharmacy Wholesaler, complementing their established presence in India.

With a robust track record of growth in India and approximately 34 other international markets, including Europe and the USA, Fast&Up has developed a dedicated range of health, beauty, and wellness nutritional supplements.

Entering the UK market during the pandemic, Fast&Up leveraged two decades of experience with Swiss effervescent technology. Currently, the brand offers a variety of effervescent products in the UK, spanning three ranges, with Fast&Up Reload (electrolytes and vitamins) emerging as its #1 bestseller.

Varun Khanna, Group CEO of Fullife Healthcare Pvt Ltd expressed, “It is a moment of pride for Fast&Up to have our products available in one of the largest supermarket chains in the UK. We are witnessing a growing interest from UK consumers due to the perceived quality, effectiveness, and results, aligning with their requirements. There is significant potential in the UK for our category, and we aim to capture that space. Our focus is on a holistic and long-term approach to expanding penetration and reach in international marketplaces, progressing to modern-trade, chemist outlets, and eventually broader general grocery stores, given the products broad acceptance and usage."

After a successful presence at the 2023 TCS London Marathon Running Show, we are now gearing up for an even larger presence in 2024, ensuring their products are readily available for consumers. Fast&Up intends to hydrate runs across the country by partnering with companies and participating in fitness and wellness events. We are committed to continuous development with the brand set to launch new products and product formats that cater to a larger consumer base.”

 

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Retail India News: UNIQLO and UNHCR Collab on Global Charity T-shirt Launch
Retail India News: UNIQLO and UNHCR Collab on Global Charity T-shirt Launch
 

Global retail giant UNIQLO has revealed the introduction of a charity T-shirt collection, featuring winning designs from the 2023 Youth with Refugees Art Contest, co-organized with UNHCR, the UN Refugee Agency. These T-shirts will be made available at UNIQLO stores with the UTme! service in 12 markets globally, including India, starting Monday, March 15.

The Youth with Refugees Art Contest, initiated by UNHCR in 2020, serves as a platform for individuals aged 30 and under worldwide to showcase their artistic talents and creativity while expressing solidarity with refugees through their art. The 2023 edition of the contest, jointly organized by UNHCR and UNIQLO, encouraged customers globally to support refugees by purchasing a special collection of T-shirts.

The theme for the 2023 Youth with Refugees Art Contest, "HOPE AWAY FROM HOME," focuses on acknowledging and including individuals who have fled their homes in search of hope and the opportunity to rebuild their lives in places of refuge. The winning designs, selected from over 4,000 entries worldwide, aim to aid refugees in finding acceptance and taking steps towards building new lives.

In addition to a direct donation of US$100,000 (approximately 14.7 million JPY) that UNIQLO will contribute to UNHCR, the company will also donate US$3 (approximately ¥441) to UNHCR for every T-shirt purchased from the collection. Furthermore, UNIQLO will contribute 5,000 T-shirts and 1,000 tote bags from the collection to UNHCR, valued at ¥11.94 million based on the retail value of these items at UNIQLO in Japan. These tote bags are not available for sale at UNIQLO stores. UNHCR will internally sell these items at the online UNHCR Visibility Shop, with all proceeds dedicated to supporting UNHCR's refugee assistance activities.

 

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