How marketplaces are empowering small brands this festive season

Bharat Realty Venture, following its collaboration with The Indian Hotels Company Limited (IHCL), has announced a new partnership with the Tata Group to develop large-scale Westside retail stores in Mumbai’s western suburbs. This move strengthens Bharat Realty’s retail presence in India, catering to the growing demand for premium retail spaces in key locations.

The new Westside stores will be situated in two of Bharat Realty’s flagship developments: Bharat Skyvistas in DN Nagar, Andheri West, covering 40,000 sq. ft., and Bharat Arize on Link Road, Goregaon, spanning 30,000 sq. ft. These retail outlets are designed to enhance the shopping experience, offering a wide range of fashion, homeware, and lifestyle products. The architectural design of both locations aims to provide a sleek and inviting environment for consumers.

Dhaval Barot, Managing Director at Bharat Realty Venture stated, "This partnership with Tata Trent is a testament to our commitment to delivering high-quality retail experiences in Mumbai. Both Bharat Skyvistas and Bharat Arize are strategically located to serve as key retail destinations for shoppers, and we are thrilled to bring the Westside brand to these vibrant neighbourhoods." 

The collaboration comes at an opportune time, coinciding with the festive season and offering shoppers a fresh retail experience. As consumer preferences evolve, the partnership between Bharat Realty and Tata Trent positions both companies to meet the rising demand for premium retail environments in Mumbai, strengthening their market presence in India.

Hansgrohe India, a subsidiary of the globally renowned German brand in bathroom innovations, has announced the departure of Gaurav Malhotra from his role as Managing Director, effective 30th September. Malhotra, who has been at the helm since 2017, played a key role in the company’s remarkable growth and has been a driving force behind its innovation and market leadership in India.

After nearly eight years of steering Hansgrohe India to new heights, Malhotra has decided to take a personal sabbatical. To ensure a smooth transition and sustained progress, Thomas Stopper, Vice President Asia, will temporarily oversee operations. Stopper’s appointment aims to maintain the company’s momentum while Hansgrohe India continues its growth trajectory.

Under Malhotra’s leadership, Hansgrohe India strengthened its foothold in the Indian market, securing significant partnerships in the real estate and hospitality sectors. His strategic vision and relentless focus on innovation propelled the brand to become a trusted name in the Indian bathroom industry.

Thomas Stopper, a 15-year veteran of the Hansgrohe Group, has held several key leadership roles and is recognized for his strong strategic acumen and execution-focused leadership style. Known for fostering collaboration between headquarters and local markets, Stopper is poised to build on the success achieved under Malhotra’s guidance and push Hansgrohe India toward continued innovation and growth.

“We extend our heartfelt gratitude to Gaurav for his invaluable contributions to Hansgrohe India and wish him the very best in his future endeavors. His leadership has been instrumental in driving our success and enhancing our brand's reputation in the Indian market. We look forward to following his journey and are excited to see the great things he will accomplish in the future,” said Thomas Stopper, Vice President Asia, Hansgrohe Group.

As Hansgrohe India enters this new phase, the company remains focused on enhancing its presence in the market and delivering cutting-edge bathroom solutions that redefine the industry standard.

Swedish holistic well-being brand Oriflame recently participated in the prestigious Swedish Networking Reception, organized by the Swedish Embassy, alongside other major Swedish brands such as Ikea, Volvo, H&M, and Tetra Pak. The event, which centered on sustainability, highlighted the significant contributions of these brands in fostering stronger retail ties between India and Sweden.

At the event, Oriflame showcased its commitment to sustainability by presenting a 100 percent biodegradable stall, symbolizing its nature-driven approach. The brand also emphasized its role in the Indian market, with 85 percent of its products sold in India being produced locally. Additionally, 80 percent of Oriflame’s brand partners in India are women, underscoring its focus on economic empowerment and gender equality in the country.

Edyta Kurek, Senior VP and Head of India at Oriflame said, "We are committed to empowering millions of women by offering them financial independence through our business model. With 60 percent of our global workforce being women, we are dedicated to gender equality and uplifting communities through our safe, eco-friendly products that meet both Indian and European standards."

Oriflame’s sustainability efforts extend to its products as well, with 95 percent of the rinse-off products launched in 2023 formulated to be biodegradable, reflecting the brand’s ongoing commitment to environmental responsibility. Through its focus on clean beauty and micro-entrepreneurship, Oriflame continues to drive positive change in both the retail and social sectors in India, contributing to a sustainable future.

Ospree Duty Free Mumbai has experienced significant growth in its electronics category after introducing TechnOspree, an exclusive 200 sqm tech store-in-store, at Terminal 2 in June 2024. This move has strengthened Ospree's position as a key player in India's retail sector, particularly for tech-savvy travelers looking for premium electronics at competitive duty-free prices.

Before the Covid-19 pandemic, electronics contributed only 1.5 percent of Ospree Mumbai's overall sales. Following the launch of TechnOspree, this figure has risen to approximately 6 percent, with the store targeting 9 percent shortly. This growth highlights the increasing demand for quality electronics in India's duty-free retail market.

TechnOspree showcases a range of products from renowned global brands, including Bang and Olufsen, Apple, Samsung, Sonos, Bose, and GoPro. The selection appeals to a variety of tech enthusiasts, featuring smartphones, tablets, high-end audio systems, and gaming consoles.

In a milestone achievement, Ospree Duty Free Mumbai became the first retailer in India to offer the iPhone 16 Pro Max, which has seen strong sales. Additionally, the iPhone 15 Pro and Pro Max continue to perform well, with customers benefiting from up to Rs 40,000 in savings through duty-free pricing.

TechnOspree emphasizes customer engagement with its interactive layout, allowing travelers to explore products firsthand. The knowledgeable staff enhances the shopping experience by offering expert advice, combined with the draw of tax-free pricing, making it a popular choice for travelers.

The store also promotes sustainability by offering eco-friendly gadgets, including energy-efficient devices and products made from recycled materials, aligning with Ospree’s commitment to sustainable retail practices in India.

Avishek Bambii Das, CEO of Ospree Duty Free stated, "We are proud to see the positive impact that TechnOspree has had on our electronics category sales. By bringing together a curated selection of the latest technology at unbeatable prices, we are not only enhancing the travel experience but also redefining the role of duty-free stores in the modern retail landscape."

Ospree Duty Free Mumbai plans to continue its growth, leveraging its strategic location and diverse product offerings to attract tech enthusiasts. Ospree aims to expand its offerings as the electronics category evolves and maintain its value-driven approach in the Indian retail market.

Nilkamal, a renowned name in the Indian furniture industry, has launched a new retail brand, Nilkamal Homes, dedicated to offering elevated home furniture and décor. With 60 stores opening across 35 cities, including both company-owned and franchisee outlets, Nilkamal Homes aims to offer a diverse range of premium products crafted to enhance and elevate the aesthetics of Indian homes.

The new collection includes stylish sofas, elegant beds, dining sets, utility furniture, and essential household items such as décor, bedding, crockery, cookware, and mattresses. Built on the brand’s core promise of delivering “The Joy of Well-Made Things,” Nilkamal Homes underscores Nilkamal’s long-standing commitment to quality, durability, and superior craftsmanship.

Parekh, President, Nilkamal Homes stated, “At Nilkamal Homes, we recognize that home is more than just a space; it reflects our unique styles and enriches our lives. We are committed to providing Indian consumers with furniture and décor that are not only stylish but also durable and functional. This expansion will enhance our reach in the coming years. Our mission is to enable every family to achieve their dream of a stylish home.”

In a bid to reach consumers nationwide, Nilkamal Homes is set to offer an omnichannel retail experience. The 60 strategically located stores will allow customers to interact with the products firsthand, while the entire collection will also be available online, offering convenience to those who prefer to shop from home.

With 12 factories across India specializing in wooden and upholstered products as well as mattresses, Nilkamal Homes is well-equipped to cater to the diverse needs of Indian families. The company’s robust manufacturing capability ensures that it can continue delivering high-quality, well-crafted furniture at scale.

Last year, Nilkamal reported a revenue of Rs. 3,200 crore, and the company has committed to further investment in the growing furniture segment. Plans to introduce new products and expand into additional categories are also in the pipeline, with the brand aiming to open 50 more franchisee stores over the next two years.

Ferns N Petals (FNP), India's one of the leading and most trusted gifting platforms, has announced the appointment of Gaurav Sharma as its new Chief Technology Officer (CTO). With over two decades of experience in the tech industry, Sharma will spearhead FNP's technological advancements, focusing on innovation, digital transformation, and enhancing the overall customer experience for its growing global audience.

In his new role, Sharma will lead FNP’s tech roadmap, introducing AI-powered solutions and cutting-edge systems designed to personalize the gifting experience, streamline operations, and elevate customer satisfaction to new heights. His appointment aligns with FNP's long-term vision of revolutionizing the gifting industry through technology, ensuring every customer interaction is not only seamless but memorable and impactful.

Pawan Gadia, Global CEO & Director, FNP expressed, “At FNP, technology has always been a critical enabler of our growth and customer engagement strategies. Gauravʼs deep expertise in scaling tech platforms and his strategic insight into evolving digital trends make him the ideal leader to propel FNPʼs innovation agenda forward. We are thrilled to have him on board and are confident that his vision will further solidify our position as an industry pioneer, driving our digital transformation and enhancing customer delight across all touchpoints.”

“It is an honor to join FNP at such a pivotal moment in its growth journey. The company's commitment to using technology as a force for good in the gifting industry is truly inspiring. I firmly believe that robust technology is the foundation of exceptional customer experiences. Together with the talented team at FNP, I look forward to pushing the boundaries of innovation, building cutting-edge digital solutions, and continuing to redefine what it means to create meaningful gifting experiences in todayʼs rapidly evolving marketplace,” shared Gaurav Sharma, Chief Technology Officer, FNP. 

A graduate of IIT Kanpur with a degree in Computer Science, Sharma has consistently driven business growth through innovative technology. Prior to joining FNP, he was Head of Engineering at the online gaming platform Zupee. He also served as Senior Vice President of Engineering at Nykaa, where he expanded the technology team from a small group to over 300, playing a pivotal role in the company’s platform growth and IPO success. His career also includes leadership roles at Info Edge and Microsoft, highlighting his extensive expertise in technological innovation.

With Sharma’s appointment, FNP looks to continue leading the industry with cutting-edge technology, further enhancing customer experiences across its global markets.

Kohler, the esteemed global leader in bath and kitchen solutions, has launched its first-ever Studio Kohler in India, marking a significant milestone in luxury and innovation. Located in the bustling Banjara Hills area of Hyderabad, this highly anticipated space aims to redefine bathroom design and fittings, offering a blend of art and innovation.

The Studio Kohler is designed as an immersive experience for architects, designers, and discerning customers, allowing them to explore exceptional products, engage in creative dialogue, and realize their design visions.

David Kohler, Chair and Chief Executive Officer, Kohler Co. said, “We are thrilled to launch our first-ever Studio Kohler in India, marking a significant milestone in our journey of design excellence and innovation. This space embodies our deep commitment to bringing exceptional experiences to our customers here in India, offering them a destination where they can curate a personalized space that reflects their aesthetics.  As we continue to expand our presence, we are keen to empower and inspire the design community to transform spaces into expressions of style, luxury, and functionality, all with the unmatched quality Kohler is known for.”

Salil Sadanandan, President, K&B SOUTH ASIA & ASIA PACIFIC, Kohler stated, “With the debut of our first Studio Kohler, we are excited to present a unique exploration of luxury design. The South market has been essential to our growth, and Hyderabad—celebrated for its vibrant cultural legacy and cutting-edge innovation—provides the perfect setting for this launch. We are confident that this new space will set a new standard for luxury living and become a symbol of refined elegance.”

The launch event gathered esteemed architects, art curators, design enthusiasts, and lifestyle aficionados to experience the fusion of design and luxury through Kohler's innovative products. The studio features an interactive area where visitors can engage with products and explore Kohler’s rich heritage of colors and finishes, envisioning new possibilities for their bathroom designs.

Ranjeet Oak, Managing Director, Kohler South Asia added, “We are excited to open the doors of this unique space that will allow our consumers to discover a wide range of cutting-edge bath space solutions that are tailored to their design sensibilities. We hope to inspire them and turn their aspirations into reality, offering a truly transformative experience.”

Inside Kohler Studio, customers will find a harmonious collection of colors and finishes that can help create extraordinary bath spaces. The studio showcases an impressive selection of showers, faucets, and intelligent toilets, all designed to elevate the bathing experience. The luxurious Statement Showering System, featuring rejuvenating water sprays, transforms everyday showers into spa-like retreats. Customers can also customize their bathing experience with Anthem digital controls and explore the exquisite Artist Edition Collection of basins and faucets. Kohler Studio stands as a sanctuary of design and innovation, meticulously curated to provide an unparalleled sense of luxury and comfort.

boAt, India’s leading audio wearable brand, has experienced impressive growth in its B2B division, establishing itself as a top choice for corporate gifting solutions. The rising demand for audio wearables and smartwatches as corporate gifts has fueled boAt's B2B segment, which has consistently exceeded expectations with year-on-year growth. The brand’s dedication to providing high-quality, stylish, and affordable products has struck a chord with businesses across various industries.

The diverse product range from boAt—including TWS (True Wireless Stereo) earbuds, earphones, headphones, smartwatches, and speakers—offers something for every corporate gifting occasion, from employee recognition to client appreciation and promotional activities.

In recent years, the popularity of smartwatches within the corporate gifting sector has soared, complementing the demand for audio wearables. BoAt’s smartwatches, such as the Wave, Primia, and Ultima series, have become highly sought-after gifts for employees and clients alike. Their sleek design, health-tracking capabilities, and professional appeal create a perfect blend of style, functionality, and innovation, making them ideal choices for companies looking to leave a lasting impression.

Established corporations like L&T, Wipro, Infosys, ABG, Reliance, Ultratech, and HDFC Life have recognized boAt as their preferred partner for corporate gifting, valuing the brand’s commitment to quality, style, and customer satisfaction.

boAt's B2B division has seen exceptional year-on-year growth, and it is projected to reach an impressive Rs. 200 crore this financial year. This milestone underscores the brand's commitment to providing products that not only meet diverse business needs but also resonate well with employees and clients.

“We are thrilled to see our audio wearables and smartwatches becoming popular choices for corporate gifting. As companies continue to invest in their employees’ well-being, our products offer a perfect balance of utility and style, making them thoughtful gifts that employees can enjoy both in and out of the office. boAt’s extensive range of audio wearables and smartwatches, which includes advanced features such as noise cancellation, water resistance, health tracking, and long battery life, caters to the demands of modern professionals. The brand’s commitment to quality and innovation has positioned it as a leader in the market, and its B2B division is set to further capitalize on this momentum,” said Sameer Mehta, Co-founder and CEO at boAt.

As corporate gifting trends continue to evolve, boAt is committed to delivering tailored solutions for businesses aiming to make a memorable impression on their teams and clients. With a variety of customizable options across both audio and wearable categories, companies can now personalize their gifts, adding a unique touch that reflects their brand values.

Additionally, boAt is developing a dedicated portfolio specifically for the corporate gifting segment, aiming to meet the growing demands of this market with even more tailored offerings. For more information about boAt’s B2B products and to explore its full range of audio wearables and smartwatches, companies can visit the brand's website.

Tata Soulfull, a renowned brand under Tata Consumer Products known for its nutritious snacks and breakfast cereals, has unveiled its latest creation: Tata Soulfull Corn Flakes+. This innovative product is millet-powered and available in two delicious variants—Original (in 475g and 260g sizes) and Honey Almond (in 450g and 170g sizes)—designed specifically to cater to Indian tastes.

Filling a gap in the market for high-fiber cornflakes, Tata Soulfull's Corn Flakes+ combines corn with jowar, offering a nutritious boost with every bite. This blend enhances the cereal’s fiber content while remaining cholesterol-free, making it an ideal choice for health-conscious consumers seeking a wholesome breakfast option.

Tata Soulfull Corn Flakes+ brings a fresh perspective to breakfast and snacking, combining great taste with nutritious ingredients. One standout feature is its ability to maintain its crunch, even when served with warm milk, making it an ideal, convenient solution for busy families looking for healthier meal choices. This product is in line with Tata Soulfull’s larger mission of integrating millets into everyday diets by offering them in modern, accessible formats.

Rasika Prashant, Chief Marketing Officer,  Soulfull said, “At Tata Soulfull, we are deeply committed to identifying unmet needs in the wholesome snacking and breakfast categories. With evolving consumer preferences and a growing awareness around health and wellness, it's imperative for us to bridge these gaps with innovative solutions. The launch of Tata Soulfull Corn Flakes+ is a step forward in this journey, addressing a clear demand for a high-fiber, wholesome breakfast option and we’re excited to see how Tata Soulfull Corn Flakes+ enriches breakfast tables across the country.”

This latest offering adds to Tata Soulfull's expanding portfolio of millet-based products, which includes Millet Muesli, Ragi Bites, and Masala Oats+. All of these products reflect the brand’s ongoing dedication to promoting the benefits of millets, bringing traditional grains like ragi, jowar, and bajra into modern diets in convenient and contemporary food formats.

With the launch of Corn Flakes+, Tata Soulfull is reaffirming its commitment to advancing the ‘Desh ke Millets’ initiative, a movement aimed at making traditional grains accessible in every Indian household. As the brand continues to innovate, it remains focused on expanding its range of millet-based products to suit the needs of today’s health-conscious consumers.

The launch of Tata Soulfull Corn Flakes+ further solidifies the brand's reputation for innovation in the food industry. With health and wellness becoming a top priority for consumers, Tata Soulfull continues to lead the way with products that balance taste and nutrition, while showcasing the versatility and benefits of millets.

Swiggy Instamart, the quick commerce arm of Swiggy, has launched 24x7 free delivery services across Delhi-NCR. This initiative allows customers in Delhi, Gurgaon, and Noida to access a wide range of products, including groceries, snacks, and other essentials, delivered rapidly within just 10-15 minutes, round the clock.

With festive celebrations like Diwali around the corner, consumer needs for last-minute shopping are surging. From festive snacks and gift items to everyday essentials, Swiggy Instamart aims to become a go-to platform for consumers who seek convenience without extra costs during this high-demand period. Swiggy Instamart’s expansion comes at a time when shoppers are expected to make frequent late-night purchases, driven by the hustle and bustle of festive preparations, house parties, and gatherings. Swiggy Instamart anticipates a surge in last-minute orders, particularly in the late hours, making its service highly relevant for consumers during this busy period.

Swiggy Instamart has observed that late-night orders, particularly between 11 PM and 6 AM, are typically comprised of indulgent items like chips, bhujia, ice creams, and other quick-to-consume snacks, catering to customers attending or hosting festive get-togethers. As morning dawns, the focus shifts to essentials like milk, bread, and eggs, highlighting the platform’s versatility in meeting diverse customer needs across the day.

The company also noted that demand tends to spike during major festive occasions, with consumers frequently placing last-minute orders during late-night parties and social events. Whether it’s for festive snacking, gift preparations, or simply refueling on essentials, Swiggy Instamart’s service aims to ensure customers are covered, no matter the time of day or night.

The company’s strategic move to offer 24x7 free delivery highlights its commitment to customer-centricity and innovation. As demand continues to peak during the festive season, Swiggy Instamart’s expanded services are expected to be a game-changer for consumers, offering unmatched convenience and accessibility at all hours of the day.

MiniKlub, India’s one of the leading babywear brands, has announced the grand opening of its first store in Aundh, Pune. This latest expansion follows the brand's successful launches in Ajmer, Bhopal, and Mathura, further solidifying MiniKlub's commitment to offering a comprehensive range of products for parents. The new store provides a one-stop shop for newborn essentials, babywear, kids' fashion, footwear, toys, travel gear, baby care products, and much more, catering to children from newborns to eight years old.

Anjana Pasi, Director, Miniklub expressed, “We are thrilled to bring MiniKlub's exceptional offerings to Pune. Our commitment has always been to provide a wide range of safe and comfortable apparel and non-apparel items for newborns to 8-year-olds. We look forward to becoming a trusted destination for families in Pune and the surrounding areas.”

Founded in 2013, MiniKlub, part of First Steps Babywear, has rapidly grown into a prominent omni-channel brand. With a presence in over 450 multi-brand outlets, leading e-retailers, and exclusive brand stores, both physical and online, MiniKlub has established itself as a trusted name in children's fashion. Currently, the brand operates 58 exclusive stores across 26 cities in India.

MiniKlub prides itself on creating products that prioritize the safety and comfort of babies while embodying the joyful spirit of childhood. Additionally, the brand follows sustainable manufacturing processes to deliver high-quality products to its customers. MiniKlub’s products are available on major e-commerce platforms such as Amazon, Myntra, Flipkart, and Ajio, with the brand also offering nationwide delivery through its website, www.miniklub.in.

With this latest opening in Aundh, Pune, MiniKlub continues its mission of becoming a go-to destination for young families across India, providing the best in children's fashion and care essentials.

Foot Locker, a global leader in sneaker culture renowned for its curated selection of top brands and strong community ties, is preparing to launch its omnichannel presence in India on October 19th. This exciting development will see Metro Brands Ltd operating Foot Locker's physical stores while Nykaa Fashion manages its e-commerce business.

The Indian store format will feature Foot Locker’s innovative Reimagined concept, designed to create a cutting-edge retail shopping experience for consumers and sneaker enthusiasts. The inaugural store will be located at Select City Walk, where it aims to offer an interactive and intuitive shopping journey.

Alongside the physical store, Nykaa Fashion will enhance the digital experience, reflecting the excitement of the in-store visit through its dedicated Foot Locker website and a Shop-in-Shop on the Nykaa Fashion and Nykaa Man platforms. With a focus on delivering a superior online shopping experience, Nykaa Fashion aims to blend convenience with personalization at every touchpoint.

Foot Locker India will serve as a hub that connects its offerings with youth, culture, and community-driven passions. The brand will feature a team of ambassadors, known as Stripers, composed of diverse category experts who will engage with customers in-store and play a key role in community initiatives, elevating the overall shopping experience.

As part of its commitment to customer engagement, Foot Locker will introduce India's FLX(TRA) Rewards Program, enhancing the brand experience for shoppers. Through the partnerships with Metro Brands and Nykaa Fashion, Indian consumers will gain convenient access to premier sneaker and apparel brands, including Nike, Jordan Brand, adidas, PUMA, New Balance, FILA, Asics, and New Era. To enhance the customer experience further, shoppers will have the opportunity to personalize their sneakers at the Sneaker Hub and protect their favorite footwear with care products from brands like Crep.

Peter Scaturro, Senior Vice President, Strategic Planning & Growth of Foot Locker, Inc., said, “Bringing Foot Locker to India, via licensing arrangements with Metro Brands and Nykaa Fashion, is a pivotal milestone in our global expansion. India’s vibrant sneaker culture offers a unique opportunity for Foot Locker to become a leading brand in the market. With our Foot Locker Reimagined concept, we aim to elevate the sneaker experience by blending innovation and technology in an immersive environment. Together with Metro Brands and Nykaa Fashion, we’re thrilled to inspire and empower Indian sneakerheads to express their individuality and connect with the Heart of Sneakers.”

"With India's athleisure market expanding rapidly, the strategic relationship between Metro Brands Ltd, Foot Locker Inc, and Nykaa is a huge step in leveraging this tremendous opportunity. The commitment to customers and community is deeply rooted in Foot Locker’s ethos, and with Metro’s deep understanding of Indian consumers, we are excited to shape the next generation of sneaker culture, making the shopping experience more conversational and enriching for sneaker enthusiasts,” commented Nissan Joseph, CEO, Metro Brands Limited. 

Adwaita Nayar, Co-Founder Nykaa and CEO Nykaa Fashion shared, “As the exclusive e-commerce platform for Foot Locker’s launch in India, we are thrilled to collaborate with such an iconic retailer that is revolutionizing the sneaker market. With sneaker culture gaining significant momentum in India, Nykaa Fashion is set to deliver a next-gen retail experience through our sophisticated digital platforms. Together, we are excited to create a seamless shopping journey that caters to the diverse and passionate sneaker community in India, bringing them closer to the global sneaker movement.”

Nykaa Fashion has established itself as a prominent multi-brand e-commerce platform in India, known for its premium selection and engaging content. Since its launch in 2019, Nykaa Fashion has quickly captured approximately 20 percent of the women's online premium fashion market, making it one of the fastest-growing fashion platforms in the nation. Focused on the principles of style, inspiration, and discovery, Nykaa Fashion provides Indian consumers with a refined and personalized shopping experience.

Candytoy Corporate, a leading manufacturer of candy toys, has entered into a partnership with Reliance Retail to supply confectionery toys across 1,400 of the retailer’s stores. Gaurav Mirchandani, Founder Director of the Indore-based company, shared that the agreement with Reliance Retail was finalized a few months ago.

"We already have a purchase order for more than 15 outlets right now, which is live, and 200 outlets will be live by the end of Diwali, and 1,400 outlets will be live by the end of this financial year," Mirchandani said.

Regarding the size of the order, he mentioned that the company expects to achieve a run rate of Rs two crore per month from Reliance Retail's 200 stores, with this figure projected to scale to Rs 4 to 4.5 crore per month by the end of the fiscal year.

"We have more than 75 SKUs in the sweets and savoury flavours category of the candy, which we are providing to Reliance Retail," he added.

Valued at nearly Rs 1,000 crore, Candytoy Corporate (CTC) supplies products to other retailers worldwide, reaching 40 countries. The company is also planning to divest approximately 10 percent of its equity to support future expansion and is considering an IPO within the next 2-3 years.

CTC is a global player in the production of promotional toys and confectionery items, with five manufacturing plants and 11 contract manufacturers, serving 40 countries across three continents.

When asked about the company's revenue, Mirchandani stated, "We expect to close this fiscal between Rs 260 to 280 crore. Next fiscal, we expect closing at Rs 400 crore to 450 crore."

CTC manufactures candy toys for several well-known companies, including Colgate Palmolive, Puma, MTR, Bournvita, Yellow Diamond, Vistara Airlines, and AirAsia, among others.

"We already have the purchase orders, so to deploy those orders, we need some time for the opening of new moulds, new facilities, and things like that. So, that's why the result will be visible in the next financial year," Mirchandani explained.

This fiscal year, CTC anticipates generating approximately Rs 120 crore from export markets and Rs 200 crore from domestic operations, which includes B2C sales and channel partnerships, according to Mirchandani.

When asked about raising funds, he said, "We are already in talks with some large investors."

Regarding the IPO, Mirchandani mentioned, "In the next two years, after the closing of the financial year 2026-27, we will explore the possibilities of going public."

CTC's Indian manufacturing operations produce a variety of toys, including promotional toys, candy toys, Barbie dolls, electronic toys, DIY toys, LED toys, musical toys, prank toys, and sticky toys, among others.

Flipkart, India’s leading e-commerce platform, continues to set new standards in customer satisfaction with its ultra-fast delivery services. Recently, a customer from Bengaluru shared his astonishment after receiving the brand-new iPhone 15 in just 8 minutes, thanks to Flipkart's innovative 'Minutes' service.

In a video shared online, the delighted customer expressed his joy, stating, "I just got my iPhone 15 from Flipkart in under just 8 minutes, awesome delivery experience. Anywhere you travel, if you need an iPhone, Macbook or anything instantly, you get it in just 8 minutes. Thanks a lot, Flipkart!”

The rapid delivery comes just ahead of Flipkart’s festive sale, which began on September 27th. The sale promises to offer not only a wide selection of electronics, groceries, and other high-quality products but also faster delivery times, further enhancing the shopping experience for millions of users.

Flipkart, founded in 2007, has emerged as one of India’s leading digital commerce companies, with a user base of over 500 million registered customers. The platform offers more than 150 million products across 80+ categories, supported by a network of over 1.4 million sellers. The Flipkart Group also includes companies like Myntra, Flipkart Wholesale, Flipkart Health+, and Cleartrip.

Through its focus on innovation, Flipkart has introduced a range of customer-friendly services, including Cash on Delivery, No Cost EMI, Easy Returns, and UPI, making online shopping easier and more affordable for millions across the country. The company’s efforts have helped empower generations of entrepreneurs, MSMEs, and small businesses across India, driving the growth of digital commerce in the nation.

Nat Habit, a leading digital-first brand specializing in 100 percent natural skin and hair care, has unveiled its first brand campaign titled “Breathe Life into Your Beauty.” This campaign focuses on the brand’s philosophy of Fresh Ayurveda, blending the time-honored principles of Ayurvedic care with the demands of modern living. Nat Habit aims to raise awareness of its unique approach and propel the brand towards its next major milestone of achieving Rs. 300 crore in revenue.

In recent years, the Indian beauty industry has witnessed a surge in natural and Ayurvedic brands, both online and offline. However, despite Indian consumers’ trust in natural products, many feel let down by the lack of authenticity and effectiveness in the market. Since its launch in 2019, Nat Habit has stood out by consistently delivering on its promise of “Fresh Ayurveda,” catering to over 2.5 million unique customers. With products made fresh daily based on Ayurvedic principles in their Ayurvedic Kitchen, the brand boasts a 52 percent repeat customer rate, highlighting its commitment to quality and efficacy.

The “Breathe Life into Your Beauty” campaign centers on the idea of freshness, showcasing how Ayurveda works at the cellular level to revive skin and hair, effectively bringing beauty to life. By using carefully selected ingredients and cutting-edge processes, the brand enhances the nutritive power of its products, leading to glowing skin and vibrant hair.

Unlike traditional Ayurveda campaigns that focus on heritage, this one takes a new approach, emphasizing how Ayurveda works, rather than focusing on its legacy. The brand steers away from exaggerated promises of instant transformations and instead encourages consistent care habits for enhancing natural beauty.

"Ayurveda triggers deep cell activation, only when harnessed fresh, pure, and run through meticulous nutrition-enhancing processes. We wanted Nat Habit’s first brand campaign to reflect a new language of Ayurveda. “Breathe Life into Your Beauty” builds on our existing promise of “Fresh Ayurveda”. It is a critical milestone in our journey to the Rs.300 Cr mark and is expected to recruit a new pool of naturally inclined consumers seeking authentic and effective hair and skin care solutions,” said Swagatika Das, Co-founder, Nat Habit.

“The modern Indian woman is well-informed, self-assured, discerning, and weary of greenwashing. We aim to establish Nat Habit as a portfolio-offering worthy of consumers’ trust by showcasing how fresh Ayurveda works in a language that is modern, real, and convincing. Hence, no overclaims, just pure joy of a sensorially delightful set of products that cleanse, nourish and indulge her– breathing life into her beauty,” commented Ankita Srivastava, CMO, Nat Habit. 

Rahul Ghosh, National Creative Director, Contract Advertising India further added, “A fresh new perspective on Ayurveda called for a narrative that breaks the formula of naturally derived solutions. Telling a story of cells coming alive was both interesting and challenging. We managed to walk the fine line between science and traditional knowledge of Ayurveda.” 

Ayan Chakraborty, Managing Partner at Contract added, “Once we figured that fresh Ayurveda works at a cellular level, the idea of cells coming alive and breathing life into beauty was seamless. The stylized visualization brings together modern sensibility on one side and the foundational message of potent Ayurveda on the other, a depiction that we believe is completely new in the ‘natural & ayurvedic’ storytelling space.”

With the “Breathe Life into Your Beauty” campaign, Nat Habit continues to redefine Ayurveda for modern consumers, reinforcing its commitment to authentic, effective natural beauty solutions.

Locks by Godrej and Boyce, a key player in India’s home safety retail sector, is advancing its market reach in Tier ll and lll cities across India. With increasing urbanization and digital adoption in these regions, the company is strategically expanding its product offerings and retail presence to capture a larger share of the evolving safety solutions market. This move aligns with its vision to provide advanced home safety solutions to households across India.

Market research indicates that Tier ll and lll cities are projected to contribute over $530 billion to India's digital economy by 2030, driving demand for home safety products like digital locks. Responding to this opportunity, Locks by Godrej and Boyce has developed a targeted market strategy, focusing on affordability, localized pricing, and expanding its retail visibility in these cities.

To address the price sensitivity in these markets, the company is offering safety solutions that are up to 50 percent more affordable, without sacrificing quality or innovation. This pricing strategy is designed to make advanced home safety technology accessible to first-time homebuyers and those looking to upgrade existing security systems. By balancing affordability with cutting-edge features, the company ensures that a wider range of consumers can benefit from its products.

Additionally, Locks by Godrej and Boyce is implementing a hyper-local retail strategy, enhancing visibility through outdoor branding, wall signage, and product displays at retail counters. Local contractors and carpenters are being engaged to further strengthen community trust. The company’s multi-generational product planning (MGPP) approach, which includes innovations like retina, palm, and face recognition systems, ensures that customers in Tier ll and lll cities have access to advanced technology comparable to metro markets.

Godrej and Boyce is also enhancing channel partnerships by passing on cost savings to consumers while improving profit margins for retail partners. This approach is expected to drive a 30 percent to 50 percent increase in sales within the digital locks category in the coming years. The company plans to invest 3.5 percent of its revenue in promotional activities for FY24-25, focusing on both digital and offline marketing efforts to maintain a strong presence in the safety solutions market.

“Our focus on Tier ll and lll cities is driven by the tremendous potential we see in these regions, where urbanization and digitalization are rapidly reshaping consumer demand for safety solutions. By offering innovative, affordable products, we are not just expanding our footprint but also delivering on our promise of safety and trust. No one says no to a brand like Godrej when it comes to safety. Our deep-rooted understanding of Indian consumers ensures that people across India, from metro cities to small towns, have access to premium home protection. We are committed to making the best of technology accessible to every Indian home, and these markets will play a crucial role in achieving our growth ambitions,” said Shyam Motwani, Business Head of Locks and Architectural Fittings and Systems at Godrej and Boyce.

By combining affordability, community engagement, and advanced technology, Locks by Godrej and Boyce is set to redefine the safety solutions market in India’s Tier ll and lll cities, ensuring that every home is equipped with the best safety products available.

Homevista Decor & Furnishings Pvt Ltd, the parent company of well-known interior brands like HomeLane, Doowup, Cubico, and Wrapzap, announced its acquisition of home interiors firm DesignCafe. Alongside the acquisition, the company has successfully raised Rs 225 crore from investors to fuel its ambitious expansion plans.

The acquisition, which is still subject to regulatory approval, is expected to create the largest entity in the Indian home interiors category in terms of projects delivered. This merger will allow Homevista Decor & Furnishings to strengthen its market presence by combining resources and expertise from both companies, making it a dominant player in the rapidly growing home interior sector.

Following the acquisition, the combined entity is projected to achieve revenues of Rs 1,000 crore by FY25, reflecting a 33 percent increase from Rs 761 crore in FY24. The company also anticipates being EBITDA profitable in the coming financial year.

Despite the merger, HomeLane, Doowup, and DesignCafe will continue operating as independent interior brands, each catering to different segments of the market. The acquisition is expected to generate substantial synergies across manufacturing, design, procurement, and technology.

"We are incredibly excited and see immense potential in combining our tech-driven approach with DesignCafe’s design expertise, to create a true powerhouse in the home interiors industry," said Srikanth Iyer and Tanuj Choudhry, Co-founders of HomeLane.

Currently, the combined entity has reached a revenue ARR (annual run rate) of Rs 900 crore, is cash-flow positive, and has an EBITDA of (-)2 percent.

HomeLane’s Rs 225 crore fundraising included contributions from existing investors of both HomeLane and DesignCafe, as well as external investment from Hero Enterprise, according to the statement.

With the home interiors market in India projected to grow significantly in the coming years, Homevista Decor & Furnishings is positioning itself to lead the charge with its expanded portfolio of brands, enhanced operational capabilities, and robust financial backing. The company’s goal is to continue offering top-tier interior design solutions while maintaining profitability and driving innovation in the sector.

Creaticity, India’s leading hub for creative living solutions, has announced a strategic partnership with Konfor Furniture, a top Turkish furniture brand, to introduce a range of world-class, affordable, and premium furniture designs to the Indian market. The collaboration marks Konfor’s debut in India, bringing Turkish-inspired collections of sofas, beds, wardrobes, and accent furniture to Creaticity’s Pune campus.

The partnership aligns with Creaticity’s vision of becoming a one-stop destination for comprehensive interior solutions, offering customers a diverse range of brands and designs for bedrooms, living rooms, dining areas, and kitchens. Konfor Furniture, renowned for its stylish collections that combine modern aesthetics with advanced technology, will significantly enhance Creaticity’s House of Brands concept.

Konfor Furniture has made a name for itself globally, with a retail presence of 148 stores in 33 countries. Their expansive showrooms, averaging 10,000 square feet, feature a broad selection of furniture, making Konfor one of the largest furniture retailers in Europe and the Middle East. Central to Konfor’s success is its 6 lakh square foot state-of-the-art manufacturing facility, producing innovative and customizable furniture. Their product line includes unique items like six-door wardrobes and king-size beds with advanced storage solutions.

Mahesh M, CEO of Creaticity expressed, “We are excited to welcome Konfor Furniture to the Creaticity family. With its impressive global presence and immense manufacturing experience, Konfor brings a wealth of experience and design expertise to India. Their Europe-inspired designs, adapted to Indian sensibilities and prices, perfectly align with our vision of providing products and services that enable beautiful and meaningful home interiors. This collaboration not only enhances our portfolio but also brings depth to affordable premium furniture for our aspirational customers, reinforcing our commitment to providing the finest in global design trends and quality craftsmanship at accessible price points.”

One of the standout features of Konfor’s product range is its focus on innovative storage solutions tailored to address space constraints in urban Indian homes. The collection includes liftable storage beds with pneumatic systems, convertible sofa beds, and other space-saving designs, making it a perfect fit for India’s urban consumers. The target market includes design-conscious, trend-setting individuals who seek premium living experiences at accessible prices.

Serkan Sen, International Director, Konfor commented, “India's diverse and dynamic market presents an exciting opportunity for Konfor Furniture. We're proud to bring our Europe-inspired designs, tailored to Indian sensibilities, at prices that resonate with the Indian market. For instance, our 5-door wardrobe is priced at starting 1.50 L , and our king-size bed starting 85 k, offering premium quality at affordable rates. Through our partnership with Creaticity, we aim to introduce Indian consumers to the perfect blend of Turkish craftsmanship, modern design, and practical functionality, making European elegance accessible to a wider audience.”

As part of the partnership, Creaticity and Konfor Furniture plan to create an immersive experience at Creaticity Mall in Pune, featuring a 12,000-square-foot retail showroom. This space will allow customers to explore the entire Turkish-inspired range, with options for immediate booking and quick delivery. The collaboration also envisions a phased expansion plan, ensuring that Konfor’s premium furniture reaches more consumers across India.

The strategic partnership promises significant benefits to Indian customers by blending Creaticity’s expertise in curating premium home and lifestyle products with Konfor’s innovative, affordable furniture solutions. With this collaboration, Indian customers will have access to international design trends and high-quality, Europe-inspired furniture at competitive prices, all backed by Creaticity’s trusted service and support.

Both companies have also committed to expanding Konfor’s presence through various channels, including e-commerce platforms, B2B partnerships, and shop-in-shop concepts, ensuring that Turkish elegance becomes widely accessible to Indian consumers.

SKINN, the acclaimed Indian fragrance brand under Titan, has announced the launch of its latest line, SKINN 24Seven, designed to provide consumers with affordable yet premium fragrance options. This initiative aims to address the increasing demand for quality fragrances at accessible prices, establishing a new category in the Indian fragrance market.

The SKINN 24Seven collection features a selection of Eau De Parfums that aspire to transform the ordinary into the extraordinary. With the brand’s tagline, “Make the ordinary special and every day magical with the new range of SKINN 24Seven,” it encourages consumers to incorporate fine fragrances into their daily grooming rituals, promoting the idea of “fine fragrances for every hour, every day.”

The Indian perfume and deodorant market is currently valued at approximately Rs 10,000 crores, with perfumes accounting for Rs 4,500 crores and deodorants for Rs. 5,500 crores. Of this, the organized segment of the perfume market is estimated to be Rs. 2,500 crores, expected to grow at a compound annual growth rate (CAGR) of 12-13 percent over the next five years.

As a pioneer in the Indian fine fragrance market, SKINN has established itself in the 'Masstige' segment, catering to evolving consumer preferences and rising disposable incomes. The launch of SKINN 24Seven comes at a pivotal time, aiming to provide a blend of quality, affordability, and style for discerning customers.

Manish Gupta, CEO, Fragrances and Accessories Division, Titan Company Limited stated, "SKINN 24Seven is offering an excellent choice to consumers to enhance their Lifestyle choices. We're inviting consumers to make fragrance an essential part of their daily ritual, ensuring they're truly ready to meet every moment at their best. With its combination of premium quality, affordable pricing, and versatile fragrance options, we aim to make premium fragrances accessible to a wider, younger audience without compromising on quality. Our focus is pan-India markets, as we've identified a strong appetite for affordable premium products. We're not just selling fragrances; we're offering a daily dose of confidence and style. This launch represents our commitment to innovation and our deep understanding of the Indian consumer's evolving needs.”

Priced at Rs. 1,745, SKINN 24Seven provides quality fragrance at an entry-level price point. In a fragrance market filled with choices, SKINN 24Seven distinguishes itself with clear, mood-based selections. Consumers can explore the new collection at multi-brand stores, on the SKINN website, and on leading e-commerce platforms, allowing them to experience the magic of fine fragrances every hour, every day.

City-based gifting retailer Archies has announced impressive sales of Rs. 6 crore through quick commerce platforms such as Blinkit, Zepto, and Swiggy Instamart, prompting the company to set an ambitious target of Rs.15 to Rs. 18 crore for the fiscal year 2025. This goal represents a remarkable growth of 150 percent to 180 percent through these channels.

“Our quick commerce partnerships are just the beginning as we look to combine speed with the emotional connection that Archies has always represented,” said Varun Moolchandani, Executive Director of Archies Ltd.

In addition to its quick commerce success, Archies is also setting its sights on international markets. The company plans to expand its presence into regions such as the Middle East, UK, Canada, and Southeast Asia, further broadening its customer base.

To support its growth ambitions, Archies intends to open 15 to 20 new company-owned stores by the end of FY 2025, concentrating on prime locations in malls and upscale streets throughout North India.

The brand aims for approximately 150 percent growth in FY 2025 and is currently in discussions with Open Network for Digital Commerce (ONDC) and FirstCry to enhance its online presence. This strategic emphasis on digital channels aligns with Archies’ vision of making its products accessible to a broader audience, anytime and anywhere.

With a legacy of 45 years, Archies has built a reputation for selling greeting cards and gifts, including photo albums, baby books, jewelry, accessories, gift hampers, perfumes, stuffed toys, and more. As it embarks on this ambitious growth path, Archies is poised to continue its tradition of connecting with customers through meaningful gifting experiences.

iD Fresh Food, India’s one of the renowned fresh food brands, has announced its entry into the Rs. 25,000-crore branded spices market with the launch of three distinct spice variants—Pure Spice: Red Chilli Powder, Blended Spice: Garam Masala, and Sambar Powder. This new venture aligns with iD Fresh's goal of capturing a significant portion of the growing spices market.

Committed to offering clean, preservative-free products, iD Fresh Food's new spice range is crafted without synthetic additives or chemicals. Meeting stringent FSSAI standards, each batch undergoes thorough testing for high-risk pesticide residues and passes through 20 quality checks from farm to final product. The company guarantees that its spices are free from chemical treatments and adulterants, ensuring consumers receive top-tier quality.

Initially, the new spices will be available in retail stores across Bangalore starting this month, with plans for a gradual expansion into other major markets.

“Innovation has always been at the core of iD Fresh Food's products. Our packaging for these spices preserves their freshness, flavour, and aroma for up to 12 months without the need for chemical treatment. To maintain our commitment to transparency and clean labelling, each spice packet includes a QR code that provides access to pesticide tests and quality check reports, giving consumers easy access to detailed information about the product's quality. After dedicating many months to the development of these spices, we are thrilled to enter this new category. Our goal is to capture a significant market share and set a new standard with our clean and natural ingredients,” commented Rajat Diwaker, CEO (India),  iD Fresh Food.

Enakshi, Head of New Product Development, iD Fresh Food shared, “Our new range of clean label spices embodies the same principles that our customers trust us for—no preservatives, no chemicals, and only natural ingredients. To ensure top quality and taste, we spent months crafting these spices, collaborating with experts and consumers. We maintain purity through strict control over sourcing, processing, quality checks, and packaging. We are confident that by upholding these standards, we will make a notable impact in the spices market and meet the needs of every Indian kitchen sustainably. ”

Each spice variant is designed to extend its shelf life to 12 months without the use of chemicals. The packaging includes individual 20g pouches within 100g packs, designed to preserve the spices' freshness, flavour, and aroma. Additionally, each pack features a QR code that provides consumers with access to pesticide test results and quality reports, ensuring product transparency. The spices are priced as follows: Red Chilli Powder at Rs. 78, Sambar Powder at Rs. 100, and Garam Masala at Rs.135.

A host of prominent figures from the entertainment, sports, and business sectors are backing Swiggy, a leading disruptor in food and grocery delivery, through the unlisted market ahead of its highly anticipated IPO, despite facing competition from rivals like Zomato and Zepto.

In a recent round of activity, Swiggy's pre-IPO shares were actively traded in the unlisted market, with about 200,000 shares already acquired by key individuals, according to sources familiar with the transactions.

Among the notable investors are cricketers Rahul Dravid and Zaheer Khan, tennis player Rohan Bopanna, filmmaker Karan Johar, and actor-entrepreneur Ashish Chowdhry.

"Swiggy has significantly transformed the food delivery landscape in India, and participating in their evolution promises to be highly lucrative. The company's consistent innovation, spanning from food delivery to grocery services, has been instrumental in maintaining its competitive advantage in the industry," said Ashish Chowdhry, Founder,  Disrptve Ventures.

Previously, Swiggy attracted investments from Bollywood stars and entrepreneurs like Madhuri Dixit Nene, Amitabh Bachchan, and Innov8 founder Ritesh Malik, all of whom participated in the company’s pre-IPO rounds through secondary market channels. Swiggy’s rapid rise in the food delivery space has firmly positioned it among India’s leading tech startups. Beyond food delivery, the platform is expanding into new areas such as quick commerce and hyperlocal logistics.

Zaheer Khan shared, "I strongly believe in supporting innovative companies with strong business models that positively impact society. This investment isn't just about high growth potential, but also about backing a brand that's shaping the future of urban living and consumer convenience in one of the world's fastest-growing markets.”

The involvement of sports and entertainment figures in Swiggy's pre-IPO shares reflects the belief in the significant upside potential once the company goes public. Zomato’s 2021 stock market debut saw strong demand and a surge in share prices, providing early investors with attractive returns.

Swiggy’s planned IPO follows a string of successful fundraising efforts, drawing investment from global venture capital heavyweights such as SoftBank Vision Fund, Accel, and Prosus. The company has also raised funds through secondary markets, attracting a broad range of investors, including Motilal Oswal Financial Services chairman Raamdeo Agrawal and automobile materials manufacturer Hindustan Composites.

Cellecor Gadgets Limited, a key player in India’s consumer electronics market, is set to expand its product offerings in the retail sector. The company is launching a new range of refrigerators, geysers, and room heaters this October, focusing on modern, efficient solutions to meet everyday household needs. This latest move strengthens Cellecor’s commitment to providing energy-efficient and affordable home appliances across India.

Cellecor’s new line of refrigerators will be available in capacities of 180L, 185L, and 205L, offering durable and energy-efficient cooling solutions. With stabilizer-free operation, toughened glass shelves, and energy-efficient compressors, these refrigerators are designed to handle voltage fluctuations and reduce electricity consumption. Additionally, the anti-bacterial gasket helps maintain food freshness. These refrigerators, supplied by Gemcare Appliances Private Limited, will be available at retail outlets, exclusive stores, and online platforms.

Cellecor’s new geyser series includes Electric Instant Geysers and Stationary Storage Geysers, catering to various household heating requirements. The Electric Instant Geysers feature a 5-liter capacity with a 3000-watt heating element for instant hot water, while the Stationary Storage Geysers come in 15- and 25-liter options. These storage models include a three-level safety system and a five-star energy rating. Supplied by Onkar Engine and Generator (P) Ltd., the geysers will be available at top retail outlets and online.

Cellecor is also launching two models of electric room heaters, with 800-watt and 1200-watt variants. These heaters include wider oscillation functions for even heat distribution and safety features like overheating protection and automatic tip-over shutoff, ensuring reliable and safe use. The heaters will be available across retail channels and online platforms.

Cellecor Gadgets Limited remains focused on delivering reliable, energy-efficient products that cater to the needs of Indian consumers.

Lighthouse Advisors, a private equity firm, offloaded a 2 percent stake in the value retail chain V2 Retail for Rs. 85 crore through an open market transaction. Meanwhile, Motilal Oswal Mutual Fund stepped in as a buyer, acquiring shares of the company in the same transaction.

Lighthouse Advisors, based in Mumbai, divested its stake through its affiliate India 2020 Fund II Ltd., selling over 7.34 lakh shares, which accounted for a 2.12 percent ownership in V2 Retail. According to the block deal data available on the National Stock Exchange (NSE), these shares were sold at an average price of Rs. 1,160 per share, bringing the total value of the transaction to Rs. 85.23 crore.

Following this stake sale, Lighthouse Advisors' holding in V2 Retail reduced significantly, dropping from 6.36 percent to 4.24 percent. This sale marks a key shift in the ownership structure of V2 Retail, which has been attracting institutional interest due to its growing presence in the retail sector. The shares were picked up by Motilal Oswal Mutual Fund at the same average price, signaling confidence from one of India's leading mutual funds in the future prospects of the company.

In response to the stake sale, shares of V2 Retail saw a significant boost in trading. The stock surged by 5 percent, closing at Rs. 1,223.70 per share on the NSE, reflecting positive sentiment from investors.

In a parallel transaction on the Bombay Stock Exchange (BSE), SBI Mutual Fund also made a notable move by purchasing 3.72 lakh shares, representing a 2.3 percent stake in the auto components manufacturer Alicon Castalloy. The total value of this acquisition amounted to Rs. 48 crore, with the shares being acquired at an average price of Rs. 1,300 apiece. This investment highlights SBI Mutual Fund’s interest in the industrial manufacturing sector, particularly in companies like Alicon Castalloy, which specializes in the production of aluminum cast components for the automotive industry.

As part of this deal, Rajeev Sikand, along with a promoter entity of Alicon Castalloy, sold a combined total of 3.59 lakh shares at the same price. However, details regarding other sellers in the transaction were not immediately available on the BSE.

Despite this significant transaction, shares of Alicon Castalloy experienced a slight decline in trading on Monday. The stock fell by 2.47 percent, closing at Rs. 1,337.90 per share on the BSE. The dip in share price, however, does not detract from the broader institutional interest in the company, which remains a key player in the automotive components industry.

These transactions reflect continued activity and interest in both the retail and manufacturing sectors in India, as institutional investors like Motilal Oswal and SBI Mutual Fund strategically allocate their capital to companies with long-term growth potential.

Godrej Consumer Products Limited (GCPL) has expanded its presence in the Indian retail market with the launch of the HIT Spray Matic, a smart home gadget aimed at controlling mosquitoes. This device marks GCPL's entry into the smart mosquito control segment, adding to its existing range of household insecticides. HIT Spray Matic is India's only government-registered automatic mosquito spray device, designed to provide instant mosquito protection.

According to a report by Redseer titled *‘Unlocking Convenience: The Indian Smart Home Revolution’*, smart home devices in India have witnessed significant growth, with penetration rising from less than 4 percent before the COVID-19 pandemic to 8-10 percent in 2023. The report predicts continued growth, with adoption rates expected to reach 12-15 percent by 2025 and 25-28 percent by 2028, driven by the increasing internet access across 55 percent of India's population.

The HIT brand is a market leader in the mosquito aerosol category, which is valued at Rs 570 crore. Aerosols are part of the larger Rs 7,400 crore household insecticide market that includes liquid vaporizers, incense sticks, coils, and creams. With HIT Spray Matic, GCPL has integrated aerosol technology with smart home features, offering a device that releases an automatic spray every two hours, providing continuous mosquito protection.

Shilpa Suresh, Head of Marketing – Home Care, Godrej Consumer Products Limited (GCPL) said, "At GCPL, our commitment to pioneering effective and safe solutions for mosquito control remains unwavering. With HIT Spray Matic, we are introducing India’s only government-registered automatic mosquito spray device that is poised to redefine mosquito protection in Indian homes. The early response from our exclusive launch on Amazon has been exceptionally positive, reinforcing our belief that HIT Spray Matic will become a household essential across the country."

HIT Spray Matic operates on a 24-hour cycle, providing non-stop protection for up to 12 hours even in homes with open doors and windows. The device sprays automatically for six hours before powering down and resuming the cycle the following day. Each refill lasts for up to two months and emits a mild fragrance, ensuring both efficacy and comfort. The device is designed to be mounted six feet above ground level, offering convenient installation in any room while protecting from diseases like Dengue, Zika, and Chikungunya. HIT Spray Matic is priced at Rs 650.

With the introduction of HIT Spray Matic, GCPL strengthens its commitment to offering smart, effective, and safe solutions for mosquito control in Indian homes. The exclusive launch on Amazon has set the stage for this product to become a key player in India's retail market.

Funskool India, a prominent name in the toy manufacturing industry, has introduced a new range of toys and games in the Indian retail market, just in time for the upcoming festive season. The collection caters to infants, preschoolers, and older children, offering a variety of products under popular categories such as Giggles, Collectibles, Board Games, Puzzles, and Fundough.

The newly launched toys include the *Pour and Play Octopus*, *Junior Chef’s Playset*, and *Dish Set* under the Giggles brand, *Colour Clash Launchers* under Collectibles, *Country Games* under Board Games, and *Murder Mystery* puzzles. Additionally, the Fundough brand introduces *Sofdough* for imaginative play.

R. Jeswant, CEO of Funskool India Ltd said, “We are elated to launch our next set of exciting toys and games just in time when the country is geared up to celebrate a host of festivals. Our R & D team is adept in developing products which prioritise holistic development of children, and the new set of products are so unique and innovative that children and parents will fall in love with it. We want children to grow with the brand, and we have products from 18+ months onwards.”

Among the new releases, the *Pour and Play Octopus* serves as a fun bath time toy, while the *Junior Chef’s Playset* provides essentials for imaginative role play in the kitchen. The *Dish Set* engages children with 24 vibrant pieces, aiding in fine motor skill development. For outdoor fun, the *Colour Clash Atomic Launcher* lets children load rockets with chalk powder and play with colors. The *Country Games* card set helps children learn about countries, flags, and capitals, while the *Murder Mystery* puzzles cater to older children with intricate 1000-piece challenges.

These toys are priced between Rs 60 and Rs 1649 and are available at major toy retailers across India, as well as online through e-commerce platforms. Funskool India's new range aims to provide a diverse and engaging experience for children while expanding its presence in the Indian retail sector.

The Government of Karnataka has introduced the SME Connect '25 initiative to strengthen Small and Medium Enterprises (SMEs) in the state by promoting the adoption of Industry 4.0 technologies. This move is crucial for retail businesses and other sectors in India as it aims to improve operational efficiency, product quality, and market opportunities for SMEs. The initiative is designed to help businesses in Karnataka leverage technological advancements, positioning the state as a leader in Industry 4.0.

SME Connect '25 includes a dedicated program, "SME Connect - Industry 4.0 Enabled," which focuses on integrating technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and Data Analytics into SME operations. The initiative aligns with the government's broader vision of preparing Karnataka for the global marketplace by fostering technology-driven growth, especially in the lead-up to the Global Investors Meet 2025.

In preparation for the full-scale launch of SME Connect '25, a workshop on Industry 4.0 was held at The Lalit Ashok, Bangalore, on September 20, 2024. The event provided SMEs with practical tools and knowledge to implement smart manufacturing solutions. Key topics covered included overcoming operational challenges, navigating digital transformation, and applying advanced technologies like AI and IoT to enhance business processes. Smt Gunjan Krishna, IAS, Commissioner for Industrial Development, was present at the workshop.

The Karnataka government has partnered with the K-Tech Center of Excellence in IoT (CoE) and NASSCOM to implement the program. To further support SMEs, monthly workshops focusing on AI, IoT, and data analytics will be held in industrial clusters across the state. These sessions aim to provide practical insights into the application of advanced technologies in manufacturing and business operations, enhancing the competitiveness of SMEs both locally and globally.

As part of SME Connect '25, SMEs will have the opportunity to showcase their innovations at the Global Investors Meet 2025, giving them an international platform to highlight technological advancements and explore new market opportunities.

DeVANS Modern Breweries, a key player in India’s alcoholic beverage (alcobev) industry, has strengthened its retail presence nationwide through a new production partnership with a prominent brewery in Assam. This expansion aligns with the company’s ongoing efforts to meet growing demand and follows successful collaborations in Arunachal Pradesh, Tamil Nadu, Jharkhand, and Uttar Pradesh. With this new tie-up, DeVANS' production capacity has increased to 190,600 KL, enabling an additional production of over 10 lakh cases annually.

Prem Dewan, CMD of DeVANS said, "Assam represents a vibrant market with immense growth potential in the brewing industry. Our collaboration in Assam not only enables us to efficiently serve the local market but also underscores our dedication to providing consumers with unparalleled quality and taste." He also noted that the company's entry into Assam is a significant step toward its goal of offering premium beverages across India.

DeVANS, known for its popular beer brands like Godfather and Six Fields, is planning to expand its product range by introducing a craft gin and new expressions of its single malt GianChand whisky. Recently, the company entered the premium lager segment with two distinct beers – Six Fields Brute, with up to 8 percent ABV, and Six Fields Pilsner, with up to 5 percent ABV.

This strategic move in Assam further reinforces DeVANS’ commitment to growth and innovation within the Indian retail and brewing landscape.
 

Philips has announced the appointment of Bharath Sesha as the new Managing Director (MD) for the Indian subcontinent, with the role becoming effective on September 1, 2024. In this leadership position, Sesha will oversee the company’s healthcare business, which is headquartered in Gurgaon, and will manage the brand’s broad operations across India. His responsibilities will also include overseeing the Philips Innovation Campus (PIC) in Bengaluru, the Healthcare Innovation Centre (HIC) in Pune, and the Global Business Services (GBS) in Chennai, pivotal hubs that drive innovation and operations within Philips.

Sesha’s appointment comes at a significant time for Philips in India, as the company continues to focus on its healthcare innovations and expanding footprint in the region. He brings with him over two decades of global leadership experience, making him well-suited to lead the next phase of growth and innovation. Before joining Philips, Sesha served as the Managing Director of Heubach Colorants India, where he gained substantial experience in driving operational excellence and business growth in competitive markets.

He succeeds Daniel Mazon, who previously held the role of Vice Chairman and Managing Director for Philips in the Indian subcontinent until April 1, 2024. Mazon has since transitioned to a global role within Philips at its headquarters in the Netherlands, following his impactful leadership in India, where he helped strengthen Philips' presence and strategic initiatives.

Philips, headquartered in the Netherlands, is a global leader in healthcare technologies, specializing in diagnostic imaging, ultrasound, image-guided therapy, patient monitoring, and enterprise informatics. Additionally, the company has a strong presence in personal health, with innovative solutions that aim to improve lives. Sesha’s role as MD will be instrumental in furthering Philips' mission to deliver transformative healthcare technologies and services in India, aligning with the company’s vision of making healthcare more accessible and improving patient outcomes in the region.

TVS Electronics Limited (TVS-E), a major player in the electronics manufacturing industry, has introduced its Biometric Security Solutions. These offerings include a range of fingerprint recognition devices designed to meet the security needs of sectors such as banking, fintech, and government organizations. With the retail and technology sectors in India seeing rapid growth, TVS-E is tapping into the expanding biometric market, aiming to enhance identity verification systems through its new product lineup.

The newly launched devices include a mechanical keyboard, mobile printer, tablets, and POS handheld terminals. These devices are equipped with STQC-certified thermal sensors and advanced L0/L1 Fingerprint Recognition (FPR) technology, offering secure and accurate identity verification while safeguarding sensitive personal data. 

India's fingerprint biometrics market is growing rapidly, driven by the increasing use of Aadhaar, E-Passports, and the Rashtriya Swasthya Bima Yojana (RSBY). Additionally, rising smartphone usage, improved internet connectivity, and growing security concerns have contributed to India becoming the fastest-growing biometrics market globally, with a projected compound annual growth rate (CAGR) of 12.2 percent. By 2033, the market is expected to reach a value of $67.1 billion.

Srikaanth Viswanathan, VP and CTO (Products and Solutions) at TVS Electronics said, "The launch of Biometric Security Solutions underscores TVS Electronics’ commitment towards pioneering innovative solutions that address the critical need for security and efficiency in secure authentication processes. Our advanced L0/L1 FPR technology embedded devices not only enhance the security framework but also simplify the user experience by eliminating the need for additional standalone devices."

These biometric solutions are also designed to comply with government-mandated Know Your Customer (KYC) processes, offering end-to-end encryption and instant recognition for improved data security. By integrating these security features directly into the devices, TVS-E reduces the need for additional ports and equipment, enhancing both productivity and operational efficiency.

This launch strengthens TVS Electronics' position as a leader in security and authentication technology, driving innovation that meets the evolving security demands in India’s retail and technology sectors.

Biosciences and biomanufacturing company, Loopworm, which transforms farmed insects into sustainable products, has announced the achievement of ISO 22000, GMP+, and HACCP certifications for its LoopFactory insect protein production facility in Bangalore. With a capacity of 6,000 tonnes per annum, the facility focuses on producing insect-derived protein for pet foods and animal feed, positioning Loopworm as a key player in the retail and biomanufacturing sectors in India.

The ISO 22000 certification confirms that Loopworm’s products are manufactured under stringent food safety guidelines, ensuring that the insect-derived protein is produced in a controlled, hygienic environment. This certification guarantees that the products are safe for animal consumption and helps prevent contamination risks, reducing the potential for harmful pathogens entering the supply chain.

Loopworm’s achievement of the GMP+ (Good Manufacturing Practices for Feed) certification highlights the company's commitment to quality control. This certification ensures that the insect protein and fat ingredients meet consistent quality standards, vital for both domestic and international markets. The GMP+ certification is essential for access to markets, particularly in Europe, where strict regulations govern feed and pet food ingredients.

The HACCP (Hazard Analysis and Critical Control Points) certification further reinforces Loopworm’s focus on risk management. By monitoring hazards throughout the production process, this certification ensures that Loopworm’s products remain free from biological, chemical, and physical contamination.

Ankit Alok Bagaria, Co-Founder of Loopworm Private Limited said, “These certifications position Loopworm as a credible and responsible supplier, aligning with global pet food safety and animal feed industry standards. Certifications like GMP+ are critical for entry into key markets like Europe, where strict regulations are in place for feed and pet food ingredients. Whether dealing with pet food companies or animal feed manufacturers, these certifications demonstrate Loopworm’s commitment to delivering safe, high-quality, and sustainable products, which is crucial in industries increasingly focused on animal health and welfare.”

These certifications not only strengthen Loopworm’s reputation in the global market but also establish the company as a benchmark in the insect protein sector. With a strong focus on food safety and quality, Loopworm continues to build confidence among pet food manufacturers and animal feed companies, ensuring product safety from production to final delivery.

Sunpure, South India’s largest edible oil brand, has entered the retail spice market in India by launching a new product category—Blended Spices. The range includes Sunpure Sambar Powder, Sunpure Rasam Powder, and Sunpure Puliyogare Powder. The company expects this new category to generate revenues between Rs 10-12 crore in FY 2024-25.

Earlier in the year, MK Agrotech, Sunpure’s parent company based in Karnataka, ventured into the Rs 25,000-crore branded spices market with the introduction of Sunpure Red Chilli Powder, Turmeric Powder, and Coriander Powder. The company plans to expand its offerings further to include grains, pulses, dry fruits, and other food products.

Sridhar Vaidyanathan, Chief Operating Officer, MK Agrotech said, “At Sunpure, the health and well-being of our consumers is at the heart of everything we do. The decision to launch the new category of Blended Spices was based on the strong consumer demand for trustworthy and healthy products that can do justice to the intricate blend of flavours and spices that are synonymous with Indian cuisine. Sunpure Sambar Powder, Sunpure Rasam Powder and Sunpure Puliyogare Powder are made from the best quality raw materials and processed in state-of-the-art manufacturing facilities to ensure authentic taste, colour, and aroma. As an ISO 22000:2018 certified company, we have stringent quality checks in place to guarantee that all our products adhere to the highest standards of hygiene and safety. In the coming months, we will be launching more products in this category and beyond.”

The newly launched Puliyogare, Rasam, and Sambar Powders use natural ingredients, with no additives or preservatives. Sourcing materials directly from their origins, Sunpure ensures freshness and authenticity. Puliyogare Powder includes tamarind from Tumkur, groundnuts from Chitradurga, dried coconut from Thiptur, and jaggery from Mandya. Rasam Powder sources chillies from Byadagi and Guntur, cumin and coriander seeds from Gujarat, and Irani hing. Sambar Powder follows a similar sourcing process for its ingredients.

Sunpure has also been working under the ‘Make in India’ initiative to build a portfolio of Indian oils, including rice bran oil, filtered groundnut oil, and refined groundnut oil, aiming to reduce the country’s reliance on imported edible oils. The company recently launched cold-pressed mustard oil, processed at low temperatures to retain its nutritional and antioxidant properties.

In 2024, Sunpure acquired Maharashtra-based edible oil brand Riso, further expanding its market presence. The company registered 15 percent growth in FY 2024-25 while expanding its footprint across Karnataka, Maharashtra, Kerala, Andhra Pradesh, Telangana, Goa, and Tamil Nadu.

FSN E-Commerce Ventures Limited, known as Nykaa, India’s leading omnichannel consumer-tech company, held its 12th Annual General Meeting (AGM) on September 18, 2024. Addressing shareholders, Falguni Nayar, Chairperson, MD and CEO of Nykaa, expressed her belief in the growth potential of the beauty and fashion industry, with Nykaa positioned at the forefront of this expansion in India's retail market.

Nayar emphasized the significance of vertical ecommerce and its role in shaping consumer behavior said, "Today, millions of consumers interact with us billions of times in a year across touchpoints and across our platforms. With the rapidly evolving power of personalization, we are excited about how we will reshape discovery, browsing, and shopping journeys – while tailoring for and catering to the specific needs of every individual consumer." She added, "I am a big believer in vertical ecommerce, and both beauty and fashion are categories which are about building aspiration, driving education, and facilitating the right discovery needed to drive inspiration and purchase."

Nykaa’s operational scale is impressive, having serviced over 33 million customers across beauty and fashion, with nearly 2 billion annual visits. In the last year, over 15 million customers transacted across Nykaa’s platforms, providing the company with a 30 percent online market share in beauty and 15-18 percent in premium fashion.

Business Highlights from the 12th AGM:

Revenue Growth: Nykaa reported a consolidated Gross Merchandise Value (GMV) of over Rs. 12,446 crores, with net revenue of Rs. 6,386 crores, representing a 24 percent increase over FY23.

Profit and Margins: The company recorded a gross profit of Rs. 2,739 crores and EBITDA of Rs. 346 crores, with an improved EBITDA margin of 5.4 percent.

Retail Expansion: Nykaa now offers over 6,700 brands to a customer base of 33 million.

Supply Chain and Warehousing:
Nykaa has expanded its supply chain to 44 warehouses across India, up from 18 in FY21. This expansion led to an 18 percent reduction in order-to-delivery time, a 19 percent cut in fulfillment costs, and a 24 percent decrease in split shipments. The average order-to-delivery time improved from 4 days in FY21 to 2.3 days in FY24, a 45 percent reduction.

Same-Day and Next-Day Delivery:
Nykaa has successfully introduced same-day and next-day delivery services in over 110 cities, with 60 percent of order volumes in these cities being delivered within the next day. These cities account for over two-thirds of Nykaa's overall order volume.

Retail Milestones:
By July 2024, Nykaa had reached 200 stores across 72 cities, with 42 new stores opened in the last financial year. The company also entered 8 new cities. Nykaa has introduced a flagship Luxe store format, featuring advanced personalized services, including medical-grade skin analyzer tools. This retail expansion has significantly contributed to the growth of luxury brands, with Nykaa’s distribution supporting 30-50 percent of sales and customer acquisitions for these brands.

House of Brands:
Nykaa continues to grow both organically and through acquisitions. It is increasing its stake in skincare brand Dot and Key to 90 percent, with the brand achieving 9x GMV growth since FY21, reaching Rs 454 crore in FY24. Nykaa is also set to acquire a majority stake in Earth Rhythm, a D2C beauty brand, following its initial 18.57 percent investment in 2022. Earth Rhythm achieved 8x GMV growth to Rs 67 crore in FY24.

Collaboration with Foot Locker:
Nykaa Fashion has announced a strategic partnership with Foot Locker, making Nykaa Fashion the exclusive e-commerce partner for the brand in India. Foot Locker will launch its own website in India, operated and managed by Nykaa, offering premium footwear, apparel, and accessories.

AI Integration:
Nykaa is leveraging generative AI to enhance the customer experience. AI is being used to improve navigation, provide personalized product recommendations, and identify emerging trends, aiding customers in making informed purchasing decisions. Falguni Nayar commented, "The digital transformation we have witnessed in the past decade has been incredible and unprecedented. Nykaa has been at the forefront of this rapid change, building on the growing opportunities presented by advancing technologies and rapid digitization."

Nayar concluded by emphasizing Nykaa's commitment to long-term growth while ensuring efficient use of capital to benefit the broader retail industry in India.

CG Corp Global, the Nepalese conglomerate, is preparing for a pre-listing fundraise in early 2025 for its India unit, which produces the well-known instant noodle brand, Wai Wai. This move comes amid a surge in initial public offerings in the Indian retail market, as companies rush to capitalize on the growing investor interest.

Binod Chaudhary, chairman of CG Corp Global, shared that the funds raised before the IPO will be used to expand operations, with plans to list the Indian arm in the first quarter of 2026. Chaudhary, speaking with Bloomberg TV’s Haslinda Amin, did not provide further specifics on the pre-IPO fundraising plans. Wai Wai, which holds a 28 percent share of India’s instant noodles market and reported annual revenue of Rs 800 crore ($95.5 million), is a significant competitor to Nestle’s Maggi and ITC’s Yippee.

The conglomerate also plans to extend its operations into central and eastern Europe, actively seeking food and beverage firms for acquisition in those regions. Additionally, CG Corp Global is looking to increase its investments in Sri Lanka.

Ahead of the listing, CG Foods India aims for a 15 percent growth in annual revenue through the introduction of new products and potential acquisitions of smaller firms. The Indian IPO market is seeing increased activity, with 93 companies from the consumer sector already announcing listing plans this year, according to Bloomberg data.

Chaudhary, Nepal’s only billionaire, initially built his fortune through Wai Wai noodles before expanding into sectors such as hospitality, infrastructure, and automobiles. He also expressed enthusiasm about the company’s ongoing partnership with Indian Hotels Company Ltd. (operating the Taj brand) to develop 50 hotels by 2030.

WROGN, part of the TMRW House of Brands, is making strides in reshaping the narrative around love and relationships in India with its latest campaign, "Love is Respect." The campaign aims to encourage a shift in how love is perceived, emphasizing that respect is fundamental to any relationship. 

The initiative is designed to inspire a cultural change, promoting the idea that love is an active choice, built on mutual respect. Virat Kohli, along with the team at WROGN, is driving this campaign forward, reflecting the brand’s commitment to influencing positive societal values.

This effort marks a significant move for WROGN as it continues to strengthen its presence in India's retail sector. The brand's approach in integrating meaningful messages with its retail offerings demonstrates its growing influence in the industry.

Godrej and Boyce’s Security Solutions division, part of the Godrej Enterprises Group, has strengthened its presence in India's retail and security sectors by securing contracts worth over Rs 35 crore. These high-value contracts involve providing comprehensive security solutions to prestigious institutions, infrastructure projects, and government premises across India. The company's recent successes include implementing an Integrated Outsourced Workforce Management System (IOWMS) for BPCL locations and deploying electronic security solutions at notable sites like Humayun’s Tomb, CM House in Naya Raipur, IIM Jammu, and Adani Airports in Ahmedabad, Lucknow, and Trivandrum.

Pushkar Gokhale, EVP and Business Head of the Security Solutions business at Godrej and Boyce said, "Premises security has been one of our key focus areas. Though the market is highly fragmented, we see significant growth potential, with an estimated addressable market of around Rs 2,500 crore. Presently, this segment accounts for up to 18 percent of our total revenue. Leveraging our expertise and aligning with India's vision to strengthen national security infrastructure, we are introducing new-age solutions and educating clients about their efficacy in safeguarding premises."

The Security Solutions division generated Rs 100 crore in revenue in FY24 through its premises security solutions. Godrej has introduced several innovative security products, including Flap Barriers, Turnstiles, Gscan poles, Bollards, Number Plate Recognition cameras, and Explosive Vapor Detectors. In addition, the company offers a range of scanning, screening, and access control solutions, such as baggage scanners, vehicle management systems, and touchless facial and full-body scanners, providing advanced technology to address potential security threats.

Godrej and Boyce’s extensive portfolio of security products serves diverse industries, including Banking and Financial Services, Retail, Manufacturing, Hospitality, and IT. The company’s strategic investments in technology and innovation demonstrate its commitment to delivering tailored, state-of-the-art solutions that address the unique needs of different premises.

The company has also made notable contributions to managing security at heritage sites like the Taj Mahal and Aga Khan Museum, enhancing security measures while improving visitor flow management. Godrej’s strategic partnerships with government projects such as Central Vista, SDSC SHAR, NPCIL, DRDO, ISRO, and Parliament further strengthen its position as a leader in the premises security segment in India.

Golden Grain Rice, one of India's largest rice exporters, is reinforcing its presence in some of the world’s most competitive international markets. With a record-breaking export of 375,000 tonnes of premium basmati rice in 2023, the brand is set to achieve a significant milestone, targeting 500,000 MT in exports for 2024. This growth highlights Golden Grain’s strategic market expansion and its ability to meet the increasing global demand for premium rice, particularly from the retail and hospitality sectors in India and abroad.

The brand’s global footprint spans key regions, including the United States, United Kingdom, United Arab Emirates, Europe, Russia, Georgia, Iraq, Iran, Africa, and Asia. Over its 43-year history, Golden Grain has built strong relationships with distributors and buyers in various markets such as Europe, Georgia, Maldives, Nigeria, Kenya, USA, and the GCC.

Salil Bhatia, MD of Golden Grain Rice said, “Our vision has always been global, and it’s incredibly rewarding to see Golden Grain becoming a staple in homes and restaurants across the world. We pride ourselves on not just exporting rice but exporting the heritage, craftsmanship, and trust that Indian agriculture is known for. The satisfaction of our customers worldwide is our greatest achievement, and we remain committed to setting new standards of quality, innovation, and service.”

Golden Grain’s product lineup, which includes Premium Basmati, Classic Basmati, Golden Sella, Supreme White Sella, and Traditional Basmati, has contributed significantly to its growth. These varieties are cultivated, processed, and packaged in modern facilities in Punjab and Haryana, adhering to strict global quality and hygiene standards. The company's advanced multi-stage milling process ensures that each grain retains its signature fragrance, texture, and flavor. This results in 30 percent more volume compared to other basmati varieties, making it popular in international kitchens for its light, non-sticky qualities.

Golden Grain’s success is also tied to its focus on sustainability. The company emphasizes organic, non-GMO farming methods and follows a "Leave the Land Better Than You Found It" philosophy. This commitment to sustainable and ethical practices has been instrumental in meeting the growing global demand for eco-friendly products.

As India’s premium rice industry continues to grow, Golden Grain is leading the way by expanding its footprint into newer markets while reinforcing its position in existing ones. The brand’s focus on delivering high-quality, gluten-free, non-GMO, and vegan-friendly rice options further broadens its appeal to health-conscious consumers globally.

Hindware Smart Appliances has unveiled the Ornate Duo 90cm, a premium island chimney designed to cater to the evolving needs of retail consumers in India. Featuring a sleek, dual cylindrical design and a ceiling-mounted installation, the chimney adds a modern touch to any kitchen.

The chimney boasts a powerful suction capacity of 1000 m³/hr + 1000 m³/hr, ensuring efficient removal of smoke and odors for a clean and comfortable cooking space. Its advanced filtration system, which includes a charcoal filter for re-circulation and an aluminum filter, helps maintain air quality at all times.

In addition to its performance, the Ornate Duo is equipped with several smart features that enhance its functionality. Dual illuminating LED lights with adjustable intensity offer optimal lighting for cooking. The chimney also includes motion sensor control, a smart LED knob, and remote control functionality for ease of use. Its versatile speed settings allow users to adjust the chimney’s performance according to specific cooking needs.

The Hindware Ornate Duo 90cm is priced at Rs 1,19,990 and comes with a 2-year warranty on the product, along with a 10-year warranty on the motor.

Flipkart, one of India's largest e-commerce platforms, has announced that its annual flagship event, The Big Billion Days (TBBD) 2024, will take place from September 27 to October 6, with early access available for Flipkart Plus and VIP members starting on September 26. As India enters its festive season, this retail event promises significant deals and a wide range of product offerings.

To meet the rising demand across India, Flipkart has added 11 new fulfilment centres in nine cities, bringing the total number of such centres to 83. This expansion has resulted in the creation of over 100,000 jobs across its supply chain in India. According to Flipkart, this move is aimed at supporting socio-economic growth while improving service capacity during the retail-heavy festive season.

Kalyan Krishnamurthy, CEO of Flipkart Group said, "The Big Billion Days is not just a shopping event at Flipkart—it’s a symbol of how digital commerce can uplift an entire ecosystem. Our focus is on creating value for the nation, from offering affordability to customers to helping local manufacturers expand their reach."

The event will also include several tech innovations to enhance the shopping experience. Among these innovations are **Video Commerce**, which will feature live product offers, and **Flippi 2.0**, an AI-powered chat assistant designed to help customers make informed decisions. Flipkart will also offer immersive experiences, such as AI-enabled 3D product explainer videos and a "try-before-you-buy" feature for watches, allowing customers to visualize products before making a purchase.

Flipkart has also focused on expanding its seller network to increase accessibility for customers. This year’s Big Billion Days will feature 20 percent higher seller rewards and new customer-focused initiatives aimed at maximizing growth opportunities for sellers during the festive period. 

Ahead of TBBD 2024, over 4,500 sellers participated in Seller Conclaves across India, a part of Flipkart's efforts to boost opportunities for the 1.4 million entrepreneurs and sellers on its platform. Additionally, Flipkart Samarth, a program aimed at supporting local artisans and small businesses, celebrated its five-year milestone, impacting 1.8 million livelihoods.

Flipkart is enhancing its delivery capabilities with over 200,000 SKUs available for same-day delivery across more than 20 cities in India during TBBD 2024. The company is also emphasizing product quality and reliable deliveries to meet customer expectations in both metro and non-metro regions.

Customers can look forward to significant savings during the event. Flipkart has partnered with HDFC Bank to offer a 10 percent discount on debit cards, credit cards, and EMI transactions. Additionally, users of the Flipkart Axis Bank Credit Card will receive 5 percent unlimited cashback. 

Flipkart Plus and VIP members will have early access to TBBD and special deals, with VIP members also benefiting from exclusive offers and SuperCoin redemptions. Cleartrip, a Flipkart subsidiary, will provide special travel offers during the event, including discounts on domestic and international flights, as well as hotel deals starting at Rs 2,499.

Shopsy, Flipkart's budget marketplace, will be a key part of the event, offering over 160 million products across categories like fashion, beauty, and home essentials. Shopsy’s offerings aim to replicate the experience of local bazaars, with extra savings for first-time users.

The Big Billion Days 2024 aims to blend innovation, accessibility, and value, reinforcing Flipkart’s role in shaping the retail landscape in India during the festive season.

SOM Distilleries and Breweries Ltd. (SDBL) is making a significant move in India’s retail beer market with the introduction of Woodpecker Premium Beer, the first beer in the country to feature a twist-style cap. This innovative twist cap allows beer drinkers to open the bottle without a bottle opener, offering added convenience and ease. The launch begins in Karnataka, one of SDBL’s fastest-growing markets, and marks a turning point in India’s beer industry.

Woodpecker Premium Beer comes in two variants: Woodpecker Glide, a mild beer, and Woodpecker Crest, a strong and bold brew. The product is crafted from imported two-row barley and Indian malts, incorporating hops from the Rainier region of Germany. Notably, Woodpecker is India’s first cross-malt beer, with a blend of two malts that undergo a 30-day brewing process, resulting in consistent flavor and quality. 

JK Arora, Chairman and MD remarked, “We are proud to introduce India’s first-ever twist cap beer, Woodpecker, to the Karnataka market. This innovation underscores our commitment to quality and innovation, and we are thrilled to set a new benchmark in quality and convenience for beer lovers without compromising on the rich, smooth flavor they expect from us."

The twist cap, available in yellow for Glide and black for Crest, eliminates the need for traditional bottle openers. It also includes a customized neck profile that prevents counterfeiting. Woodpecker has moved away from paper labels, using direct print-on-bottle technology to enhance sustainability while maintaining a sleek design.

SDBL had previously introduced an in-home pack of 5 liters for Woodpecker in Karnataka, which saw significant success. Following this, the brand is now launching a full range of SKUs, including 650ml and 330ml bottles, and 500ml cans. The beer is designed with a textured surface for a premium feel, appealing to both casual and serious beer drinkers alike.

Arora said, “We’ve already been making waves in Karnataka with our various product portfolios over the past three years, and we are the fastest-growing beer brand in the state. Now, with Glide and Crest, we’re taking our presence to the next level. The introduction of the twist cap is a great revolution in beer drinking, offering a new and effortless way to enjoy it.”

SDBL’s Chief Operating Officer, Diwakaran Suryanarayana added, “The launch of Woodpecker Glide and Crest is not just the expansion of our portfolio but an innovation that strengthens our legacy in brewing. This isn’t just another beer—it’s an experience rooted in our expertise and craftsmanship.”

With its innovative twist cap and premium brewing process, Woodpecker Premium Beer is now available across Karnataka, signaling a new era for beer consumption in India.

IKEA, a global leader in home furnishings, has launched a new 365-day exchange and return policy in India, aiming to enhance its customer experience in the competitive retail landscape. This new policy covers a wide range of home furniture and accessories, allowing customers to return or exchange products, whether in their original packaging or assembled. The initiative is designed to provide flexibility and convenience, enabling customers to test items at home for fit, comfort, and functionality.

The 'Change of Mind' policy allows customers to return or exchange items either in-store or through home collection services, regardless of whether the purchase was made online or offline. This move sets IKEA apart from other retailers by offering an exceptional level of flexibility for its customers in India.

Adosh Sharma, Country Commercial Manager for IKEA India stated, “Our new 365-days exchange and return policy is an extension of our efforts, designed to build trust and empower our customers in India. Whether shopping online or in-store, this initiative ensures that customers feel confident in their choices. By making it easier to find the right product the first time and enhancing our focus on 'Democratic Design,' we are elevating satisfaction levels. Our goal is to make exchange and returns as seamless and convenient as possible, so they can focus on what truly matters—building a home they love.”

This new policy allows returns and exchanges up to a full year from the purchase or delivery date. Customers can return or exchange unused, slightly used, or assembled items in saleable condition with proof of purchase. This extended return period applies even to mattresses, products from the As-Is section, and meter fabrics, providing more flexibility for customers to test items at home.

IKEA Family members receive additional benefits under this policy, including free replacements for products damaged during self-delivery or assembly within 14 days of purchase, further improving the customer experience.

Aleksandra Shestakova, Country Customer Manager, IKEA India added, "We plan to change how customers feel about their purchases. By making returns and claims easier, we want to reassure customers of our quality and flexibility to choose what truly fits their homes and values. All our customers will now have 365 days to exchange or return items across all shopping channels. This policy is not just IKEA India’s bold take on quality assurance but also our way of creating shared trust with our customers."

IKEA’s new exchange and return policy reinforces its position as a leading omnichannel home furnishings retailer in India, focusing on customer satisfaction and convenience across all shopping platforms.

DriveX, India's largest digital-first auto-tech platform for pre-owned two-wheelers, recently opened its 8th company-owned store in Chennai, bringing the total number of retail outlets to 57. With this expansion, the company reported significant revenue growth for FY24 and outlined plans to expand its retail presence across India. By May 2025, DriveX aims to grow its network from 57 to 130 outlets, with a long-term target of 500 retail touchpoints by 2027.

Narain Karthikeyan, Founder and MD of DriveX Mobility said, "We plan to double our retail touchpoints from 57 to 130 by May 2025. Currently, we are retailing around 2,500 used vehicles per month, a substantial increase from just 25-30 vehicles a couple of years ago. We have identified growing demand and are taking steps to meet it."

DriveX, in which TVS Motor Company holds a 48 percent stake, has become a key player in the Indian pre-owned two-wheeler market. The Chennai store, the company’s 57th retail touchpoint, serves as a vital hub for DriveX's operations in South India. "The automotive heritage of Chennai provides an ideal backdrop for our service expansion in the region," Karthikeyan remarked.

As part of its growth strategy, DriveX plans to increase its footprint in northern markets, particularly in the National Capital Region (NCR). "We currently have a small presence in NCR, but our upcoming refurbishment center in Ghaziabad will help us gain traction and improve service quality in this market," Karthikeyan explained.

Alongside expanding its retail network, DriveX offers a wide range of refurbished two-wheelers and a specially formulated oil for pre-owned engines, which has been well-received in the market. The addition of biking accessories has further enhanced its offerings.

Technology is also playing a crucial role in DriveX’s growth. The company has developed in-house apps to streamline vehicle procurement and improve the customer experience, providing a seamless process for purchasing refurbished two-wheelers. This digital approach is part of DriveX's broader strategy to stay ahead in the evolving market.

With plans to establish a pan-India presence through 500 retail outlets by 2027, DriveX is positioned to reshape the refurbished two-wheeler market in India, focusing on innovation, retail expansion, and customer satisfaction.

Imagine by Ample, a premium retail partner for Apple in India, has introduced its latest campaign, ‘More with Imagine,’ in anticipation of the iPhone 16 launch. From September 13th to 19th, customers can pre-book the iPhone 16 for Rs 5,000 and access exclusive vouchers and rewards from brands like Asics, Bose, Myntra, and Swiggy. This initiative aims to enhance the retail experience for Apple enthusiasts across India, blending advanced technology with added value.

Partha Sarathi Bhattacharyya, Chief Business Officer (CBO) of Retail at Imagine said, "At Imagine, we are more than just a retail partner. Our goal is to offer the customers an unparalleled experience beyond the product itself. With the launch of the ‘More with Imagine’ campaign, we are not only giving iPhone enthusiasts access to the latest iPhone 16 but also rewarding them with an array of exclusive offers and services. To add an element of surprise and delight, we are thrilled to announce a lucky draw for all customers who pre-book and purchase an iPhone during this period, offering a chance to have the cost of their device fully covered."

This campaign, which spans both online and offline, is available at all 45 Imagine stores across key cities like Bangalore, Chennai, Hyderabad, Goa, Gwalior, and multiple locations in Kerala. These stores provide comprehensive support through sales and service experts, ensuring a seamless retail experience for customers.

The ‘More with Imagine’ campaign underscores Imagine’s commitment to delivering more than just products, offering a rewarding and engaging experience for iPhone 16 buyers.

Vintage Coffee Private Limited, a wholly owned subsidiary of Vintage Coffee and Beverages Limited (BSE-listed), proudly announces the grand opening of its first Premium Café Lounge in Beverly Park, Sector 6, Nerul, Palm Beach Road, Navi Mumbai. This significant event also marks the unveiling of the company's new e-commerce platform, providing customers easy access to Vintage Coffee’s exclusive range of coffee products online.

Vintage Coffee, a well-known name in the global coffee industry, has been producing and exporting Instant Coffee, Roasted Coffee, and Roast & Ground products since 2018. With a presence in over 21 countries, the company is now set to make its mark in the Indian market. The launch of the Premium Café Lounge in Navi Mumbai signals Vintage Coffee’s strategic entry into the country’s booming hot beverage segment.

The café lounge has been thoughtfully designed to create a spacious, relaxing environment for coffee lovers. In addition to offering freshly brewed, expertly blended coffees, the lounge features a dedicated space for business meetings, catering to professionals who seek a premium coffee experience.

Tati Balakrihna, Chairman & Managing Director, Vintage Coffee and Beverages Ltd, stated, “Today’s consumers' needs and expectations are changing fast. We are confident that this coffee-loving city will have a great experience with the unique blends of Vintage Coffee, from plantation-fresh coffees to the Lounge format café services. The Master franchisees, M/s. Dhruvatara Marketing Private Limited has extensive experience and aggressive plans for expanding Vintage Coffee Café footprints across Indian cities and commercial centers as needed.”

With a rich legacy in producing high-quality coffee products, Vintage Coffee Private Limited is committed to excellence and aims to offer premium coffee experiences to its consumers. Through its e-commerce platform and premium café lounges, the company seeks to bring its distinguished blends to coffee enthusiasts across India and beyond.

Broadway, a pioneering experiential commerce concept, officially launched its flagship store today at Ambience Mall, Vasant Kunj, New Delhi. Founded by entrepreneur Vivek Biyani in collaboration with Think9 Venture Building Company, the store marks a new chapter in retail by blending digital-first brands with offline consumer experiences, incorporating content, creators, and commerce into one seamless environment.

Covering an expansive 25,000 square feet, the new Broadway store features over 115 emerging brands and a unique Creators' Commune Programme, which involves 150+ content creators. This dynamic concept allows consumers to explore categories like beauty, personal care, health, wellness, fashion, and lifestyle under one roof.

What sets Broadway apart is its emphasis on experience-driven shopping. The store includes specialized spaces such as the Broadway Studio for content creation, a salon, consultation areas, a performance stage, and F&B offerings, including two restaurants and a bar. This innovative design provides an immersive environment aimed at attracting young, modern consumers.

Vivek Biyani, Founder, Broadway Commented, “The concept of experiential commerce lies at the heart of Broadway’s vision. At Broadway- we aim to create an ecosystem that mirrors the online space for the digital natives; a simplified model that empowers digital-first brands to establish a tangible presence and connect with consumers on a deeper level; and a vibrant community that celebrates creativity & discovery. We are proud to be at the forefront of this retail revolution and are very excited about our debut store.”

The launch event, a 3-day extravaganza, brought together some of the biggest names in retail and the D2C brand space. Over 3,000 guests attended, including Actor Rana Daggubati, Apurva Salarpuria of the Salarpuria Group, and representatives from Anarock Retail. Renowned lifestyle content creators also graced the event, showcasing the store’s innovative approach to experiential commerce, which is inclusive, immersive, and designed to elevate the shopping experience.

Highlights of the launch included live demos at the "Beauty on Air" salon, health and wellness consultations, fashion masterclasses, auctions, and exclusive product launches on the "Main Stage." The dynamic space, with its constant flow of events and activities, promises to keep customers engaged with something new to discover on every visit.

With plans to open two more stores in Hyderabad next month and Mumbai by early 2025, Broadway is set to become a leading name in the Indian retail space, bringing the future of experiential commerce to cities across the country.

American footwear brand HeyDude has officially launched in India through a strategic partnership with Mumbai-based footwear retailer Metro Brands Ltd. (MBL). 

Initially, HeyDude’s footwear collection will be available in 25 select Metro and Mochi stores across India. The Massachusetts-based brand, which was acquired by Crocs, Inc. in 2022, offers a range of shoes for women, men, and children, with prices starting from Rs 6,499.

“As part of MBL’s strategy of introducing leading international footwear brands to India, we are excited to welcome HeyDude to the Indian market through our extensive retail network,” said Nissan Joseph, Chief Executive Officer of Metro Brands Ltd.

Crocs, Inc., headquartered in Colorado, owns and operates both Crocs and HeyDude brands. Its products are available in over 85 countries through wholesale and direct-to-consumer channels, further expanding its global reach.

Metro Brands Ltd., a prominent Indian footwear retailer, sells products under its own labels such as Metro, Mochi, Walkway, Da Vinchi, and J. Fontini. It also retails third-party brands including Crocs, Fitflop, Fila, Skechers, Clarks, Puma, and Adidas. As of March 31, 2024, MBL operated 836 stores across 193 cities in 31 states and Union territories in India.

This latest collaboration with HeyDude marks another milestone for MBL, which has been focused on expanding its international portfolio. Recently, the company also signed an exclusive agreement to sell and distribute New Era’s sports headwear in India. The renowned American headwear brand will be featured in MBL’s upcoming Foot Locker store, which is set to open in October 2024.

With HeyDude's entry into India, the partnership promises to offer a distinctive blend of style, comfort, and affordability, catering to the evolving tastes of Indian consumers.

Global fashion giant Zara, owned by Inditex, has unveiled its 24th retail store in India at the Phoenix Mall of Asia in Bengaluru.  Spanning over 36,000 sq. ft., the new store occupies the first floor of the mall and introduces several cutting-edge features aimed at enhancing customer experience.

The newly opened store incorporates Zara's latest technological advancements, blending its online and physical store platforms seamlessly. These innovations include self-checkout counters with a cash payment option, fitting room reservations, in-store product pickup, real-time stock availability, and product location services through the Zara app. Additionally, customers can access dedicated return counters for both online and in-store purchases, as well as smart fitting rooms for a more efficient shopping experience.

In total, the store boasts 13 self-checkout counters across all sections and six standard cash counters, streamlining the shopping process for customers. One of the store's standout features is a boutique space dedicated to Zara's baby collection, marking the first time this concept has been introduced in any Zara store in India.

According to mall officials, this is the largest Zara store in South India. "Zara has finally unveiled its new concept store, the largest in South India, at the Phoenix Mall of Asia," shared Chinmoy Das, Manager – Leasing at The Phoenix Mills Ltd., in a LinkedIn post.

Beyond Zara, Phoenix Mall of Asia houses a variety of high-end global brands, including H&M, Ferragamo, Boss, Emporio Armani, Versace, Tods, Mango, Vero Moda, Jack & Jones, Michael Kors, Tumi, Tory Burch, Kate Spade, Bottega Veneta, Zegna, Coach, Brooks Brothers, Diesel, Golden Goose, Hackett, and Ralph Lauren.

Zara, part of the Inditex Group, is a prominent global fashion retailer that also operates brands such as Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home. Inditex has a presence in over 200 markets, with a strong commitment to achieving climate neutrality by 2040 through its integrated physical and online store platform.

Zara first entered the Indian market in May 2010 through a joint venture between Inditex and Tata Group, called Inditex Trent, with Inditex holding 49 percent of Zara India. The brand’s first store in the country was launched at Select City Walk Mall in New Delhi.

The Original Bed Co. (TOBC), a UK-based brand known for its customizable and high-quality beds, is expanding into the Indian retail market. With a focus on personalized craftsmanship, the company aims to meet the growing demand for bespoke beds in Indian homes. This move strengthens TOBC’s presence in the global bed and mattress industry, offering unique solutions tailored to individual styles and preferences in India.

Founded in 1994, TOBC began by supplying iron and brass beds to retailers in the UK. Over time, it expanded its product offerings to include wooden beds and traditional pocket spring mattresses, all available with extensive customization options. “At The Original Bed Co., we believe in creating beds that are as unique as our customers,” said Dhruv Nagpal, founder of TOBC. “Our mission is to provide the tools to help our customers realise their dream bedrooms, offering endless possibilities for customisation.”

TOBC offers a wide selection of bed frames made from iron, brass, wood, and upholstery, available in a variety of colours, fabrics, and sizes. The company’s direct-to-consumer sales model ensures that each bed is crafted to meet global quality standards, while also allowing for more competitive pricing. TOBC stands out in the market with its ability to deliver both custom-made and stock products efficiently, with a lead time of 4-6 weeks for bespoke orders.

The brand’s commitment to quality extends beyond craftsmanship. TOBC beds come with a 5-year warranty and a 30-day return policy, giving customers confidence in their purchases. Sustainability is also a key aspect of the company's operations, with a focus on durable materials like hand-cast iron and 100 percent brass, reducing waste and promoting long-lasting furniture.

As TOBC enters the Indian retail market, it aims to provide customized luxury beds at accessible prices. "We are excited to bring our expertise to India and provide high-quality, personalized beds at affordable prices," Nagpal added. With this expansion, The Original Bed Co. is poised to offer a new level of bedroom customization and comfort to Indian customers.

Kalyan Jewellers, one of India’s largest jewellery retailers, has launched its newly redesigned showroom on MG Road in Indore. This revamped location, part of Kalyan's ongoing retail expansion in India, was inaugurated by Bollywood star Ranbir Kapoor. The event drew significant attention from fans and patrons, creating a lively atmosphere as the store reopened with enhanced facilities and a modern shopping experience.

Kalyan Jewellers’ Executive Director, Ramesh Kalyanaraman added, “With the launch of our redesigned Kalyan Jewellers’ showroom in Indore, the aim is to create a holistic ecosystem and cater to the distinct needs of our customers, enhancing their shopping experience. We aspire to continue reinventing ourselves, providing customers with world-class ambience, while staying true to the company's ethos of trust and transparency.”

The showroom launch also coincides with a series of offers designed to benefit customers. The “Kalyan Special Gold Board Rate,” claimed to be the lowest in the market and standardized across all showrooms, will apply to purchases, alongside Kalyan Jewellers' 4-Level Assurance Certificate. This certificate guarantees purity, free lifetime maintenance, detailed product information, and transparent exchange and buy-back policies, reinforcing the company’s commitment to customer service.

The revamped showroom will feature Kalyan's well-known house brands, including Muhurat (Wedding Jewellery), Mudhra (Handcrafted Antique Jewellery), Nimah (Temple Jewellery), and many more. With this relaunch, Kalyan Jewellers continues to strengthen its position in India’s retail jewellery market, offering a variety of collections for different occasions and tastes.

Britannia Industries, in collaboration with Google Cloud, WPP’s media company Mindshare, and global creative company VML, has introduced Britannia BourbonIT, an AI-driven platform aimed at revolutionizing recipe creation and culinary experiences in India. This platform, centered around Britannia’s iconic Bourbon biscuit, showcases how advanced technology can enhance consumer experiences in the retail and food industries.

Britannia BourbonIT utilizes Google Gemini’s multimodal capabilities to transform traditional recipes, offering visually appealing and unique culinary creations. The platform allows users to submit recipes in various formats, such as YouTube videos, HTML links, images, or text, with Google’s AI adding a creative twist using Britannia Bourbon as the base. Google Cloud Functions handle input formats, ensuring a smooth user experience, while a profanity filter ensures content quality.

Amit Doshi, Chief Marketing Officer at Britannia said, "The launch of BourbonIT marks a key moment in Britannia Bourbon’s journey, demonstrating our dedication to delivering innovative and superior taste experiences. This collaboration with Google Cloud and WPP’s Mindshare and VML highlights Britannia's leadership in adopting cutting-edge technology, setting a new benchmark for AI-driven experiences in India.”

Bikram Singh Bedi, Vice President and Country MD at Google Cloud India, added, “Our work with Britannia and WPP is a testament to how generative AI can drive consumer engagement. The innovative campaign BourbonIT leverages Google’s state-of-the-art generative AI capabilities to deliver unique experiences.”

Amin Lakhani, CEO for South Asia at Mindshare said, "We are incredibly excited to launch ‘BourbonIT’. This application blends cutting-edge technology with user-friendly design, making it simple for anyone to explore new culinary possibilities.”

Britannia Bourbon, a well-loved brand for generations, has continued to innovate with consumer preferences in mind. The collaboration with Winkin’ Cow to create the Britannia Winkin’ Cow Bourbon Shake is another example of how the brand is evolving while honoring its legacy.

Fabindia, a leading lifestyle brand in India, has entered into a strategic collaboration with the Ministry of Micro, Small, and Medium Enterprises (MoMSME) under the Government of India’s PM Vishwakarma Scheme, launched on September 17, 2023. This partnership is designed to support India’s traditional artisans, including potters, carpenters, weavers, blacksmiths, tailors, and other skilled craftsmen, by promoting their products and expanding their reach in the retail market across India.

The PM Vishwakarma Scheme, introduced by the Indian government, focuses on empowering artisans by providing financial aid, skill development, and marketing support. The collaboration with Fabindia aims to enhance the marketing efforts of artisans registered under this scheme, allowing them to showcase their craftsmanship to a broader audience, thus improving their livelihood opportunities.

Key Aspects of the Collaboration:

• Market Integration: Fabindia will incorporate products made by artisans into its retail network, enabling them to reach a larger customer base.
• Skill Development: The brand will offer training and development programs to help artisans refine their skills and adapt to modern design and technology, increasing the market appeal of their products.
• Promotion: Fabindia will promote these handcrafted items through its extensive marketing channels, both online and in physical stores, ensuring greater visibility for traditional Indian crafts.
• Sustainability: The collaboration emphasizes preserving traditional crafts and promoting the cultural heritage of India by supporting artisans in building sustainable livelihoods.

Commenting on the collaboration, MoMSME and Fabindia Ltd said, “The initiative is committed to preserving and promoting Indian craftsmanship and artisans by providing them with the tools, training, and platform they need to thrive in the modern marketplace. With this collaboration, we are sure that it will not only empower artisans but also ensure their crafts receive the recognition and market access they deserve.”

This partnership is expected to significantly impact artisans by helping them access markets and gain recognition for their work, aligning with the broader goals of preserving India’s artisanal heritage through retail opportunities.

Archies, a well-established name in the social expression industry for decades, is navigating a significant transition as it adapts to the evolving retail landscape in India. Traditionally known for its greeting cards, gift wraps, and related products, the brand is now diving into the quick commerce sector. Last year, Archies generated Rs 6 crore in sales through platforms like Blinkit, Zepto, and Swiggy Instamart. The company has set a target of Rs 15 - Rs 18 crore for FY 2025, aiming for a substantial 150 percent - 180 percent increase in sales. This represents a notable shift for the brand as it integrates into the fast-paced, tech-driven retail environment.

Archies is in discussions to partner with BigBasket and explore Flipkart’s 10-minute delivery service. These moves are intended to align with modern consumer expectations for rapid product availability while maintaining the sentimental value that defines Archies.

Varun Moolchandani, Executive Director of Archies Limited remarked, “We’re not just responding to trends, we’re shaping them. The way people shop is changing rapidly, and we’re ensuring that our products, which have always been a symbol of thoughtfulness, are readily available for their convenience. Our quick commerce partnerships are just the beginning as we look to combine speed with the emotional connection that Archies has always represented.”

Looking ahead, Archies is also planning international expansion, targeting markets with significant Indian diaspora such as the Middle East, UK, Canada, and Southeast Asia. The strategy involves partnering with local channel partners to introduce Archies' brand of social expression to these regions. Moolchandani added, “We are making a concerted push into international markets, targeting regions where the Indian community has a strong presence. There’s a deep, emotional resonance with our brand, and we’re excited to bring that connection to a new audience globally. Our expansion will reinforce Archies as not just an Indian legacy, but a global one.”

Despite these global ambitions, Archies remains committed to expanding its domestic presence. The brand plans to open 15-20 new company-owned stores by the end of FY 2025, focusing on prominent locations in malls and high-end streets across North India. This expansion, combined with increased engagement in modern trade formats, aims to strengthen Archies' connection with its domestic customer base while exploring new growth opportunities.

In addition to its retail and quick commerce ventures, Archies is seeing growth in its online and marketplace operations. With existing partnerships with e-commerce giants like Flipkart, Myntra, and Amazon, the brand anticipates around 150 percent growth in FY 2025. Archies is also exploring further online expansion through potential collaborations with Open Network for Digital Commerce (ONDC) and FirstCry.

The company’s Print and Pack division, though less visible, is also performing well, achieving revenues of Rs 22 crore in FY 2024—a 36 percent increase from the previous year. The division is projected to reach Rs 30 crore by the end of FY 2025.

As Archies progresses, its core mission remains focused on fostering connections, whether through its traditional products or its expanding presence in both domestic and international markets.

Diageo India (United Spirits Ltd.), in collaboration with BharatCares, has initiated Water, Sanitation, and Hygiene (WASH) projects in two schools in Meghalaya—Seng Khasi Upper Primary School in Mawlai Khasi Hills and Soso Tham Memorial School in Lawsohtun. This retail and social impact venture is set to enhance the learning environment for over 120 students and staff members by improving water and sanitation facilities.

The projects involve the installation of a dedicated reverse osmosis (RO) plant, the renovation of the existing drinking water station with a modern filtration system, and updates to the school boundary wall and toilets at Seng Khasi Upper Primary School. At Soso Tham Memorial School, the initiative includes constructing a new classroom with a dyna roof, separate toilets for boys and girls, a handwashing station, an RO plant, and an upgraded drinking water station.

Navdeep Singh Mehram, Head of CSR and Sustainability at Diageo India commented, “At Diageo India, preserving water for life is a key priority under our Society 2030 ESG action plan. We have been championing water stewardship within our communities by investing in improving access to WASH. Together with our NGO partner BharatCares, these initiatives will help enhance overall well-being by creating a healthier, hygienic, and beneficial environment for the students and the staff members.”

Manoviraj Singh, Vice President of CSR and Government Practice at CSRBOX Foundation noted, “We are delighted to continue our collaboration with Diageo India on this community engagement initiative. These projects will improve the infrastructure of the schools by installing water purification systems, upgrading sanitation facilities, and enhancing structural elements. Our goal is to provide students with a better learning environment and access to essential facilities.”

Diageo India has been actively involved in multiple WASH projects across 8 states in India, reflecting its ongoing commitment to community development.

Mila Beauté, an Indian beauty brand with a global outlook, has announced the appointment of Shailendra Gaur as its new Vice President of Retail. In his new role, Shailendra will lead the brand’s retail growth and oversee business expansion across India, covering general trade, pharmacy outlets, large-format retail stores, and exclusive brand outlets.

With extensive experience in retail strategy and growth, Shailendra's focus will be on establishing a robust and profitable retail business for Mila Beauté, aiming for a turnover of Rs. 100 crore. His goal is to make high-quality Indian colour cosmetics accessible beyond tier 1 cities, with a special emphasis on expanding into tier 2 markets.

Shailendra joins Mila Beauté following a successful tenure as National Sales Manager at Swiss Beauty. His career highlights also include key roles at top organizations such as Revlon, Godfrey Philips, and Mars Chocolates. Among his notable achievements are opening new markets in Nepal and Bangladesh for Mars Chocolates and boosting Revlon's profitability in India by 50%. He also played a pivotal role in modernizing Swiss Beauty's trade channels, including the development of beauty advisors across India.

Shailendra Gaur, Vice President of Retail, Mila Beauté said, "I am excited to join Mila Beauté at this significant juncture. My vision is to expand our business network across India, focusing on tier 2 cities while keeping our core promise of making beauty accessible at everyday prices. We aim to take a category-driven approach, ensuring we remain relevant and on-trend for the GenZ consumer."

Saahil Nayar and Sachin Chadha, Co-founders of Mila Beauté stated, "We are thrilled to welcome Shailendra to the Mila Beauté family. His strategic acumen, deep understanding of the Indian retail landscape, and proven track record in driving growth align perfectly with our vision of making beauty accessible to every Indian consumer."

Mila Beauté is committed to offering high-quality, trend-forward makeup inspired by international beauty standards while catering to the unique needs of Indian consumers. With Shailendra’s leadership, the brand is poised for further expansion across India’s retail landscape.

Fruit of the Loom, the iconic American apparel brand, has partnered with Bradford License India to bring its unique blend of affordable quality, comfort, and style to Indian consumers through strategic licensing partnerships.

Aiming to bring a fresh perspective to the ever-changing fashion arena, the renowned brand has partnered with Bradford License India as its official and exclusive licensing agency to identify and secure suitable licensing partners in India, marking a pivotal step in the brand's strategic expansion into the dynamic Indian market.

The revenue in the apparel market in India is projected to reach $105.50 bn in 2024, according to data analytics platform Statista, and it is anticipated to grow annually by 3.81 percent (CAGR 2024-2028). Looking ahead, the volume of the apparel market in India is expected to reach 40.1 bn pieces by 2028!

Capitalizing on India’s burgeoning consumer base and evolving fashion landscape, Bradford License India brings its extensive expertise in licensing and brand management, playing a crucial role in identifying and securing local partners who resonate with Fruit of the Loom's core values and standards of excellence. Bradford will work to establish partnerships with licensees who will develop and produce Fruit of the Loom-branded products such as innerwear, casual wear, sleepwear, and accessories for the Indian market.

Celebrating this collaboration, David Springob, VP of Licensing for Fruit of the Loom, stated, "We are thrilled to bring Fruit of the Loom's legacy of quality and innovation to India. Partnering with Bradford License India allows us to connect with a new audience, and we look forward to offering our brand IP for licensing to create new, exciting product categories for Indian consumers."

This strategic alliance aims to deepen the brand's connection with Indian consumers who value quality, affordability, and contemporary fashion trends. Bradford License India is excited about this partnership, which brings a renowned range of durable fashion products that embody comfort and timeless appeal to a broader audience in India. Mr. Gaurav Marya, Chairman, Bradford License India, commented, "We are delighted to facilitate Fruit of the Loom's entry into the Indian market. Our goal is to ensure that their iconic brand is represented through high-quality, locally developed products that resonate with the values and preferences of Indian consumers."

Together with Bradford License India, Fruit of the Loom is poised to set new benchmarks in the Indian apparel industry, offering consumers’ unparalleled options that align with their preferences and lifestyles.

About Fruit of the Loom 

Fruit of the Loom has been crafting Well Made, Well Priced apparel you can count on for over 170 years. Whether its sweats, underwear or anything in between, we work hard ensuring our unique blend of fresh style, quality and comfort is woven into each one of our many pieces of clothing so that you look good and feel good every day.

About Bradford License India

Bradford License India, in affiliation with Bradford Licensing LLC is a leading global licensing agency specializing in brand licensing, retail merchandising, and market expansion strategies. Since its inception in 2010, Bradford has stood as India's pioneering end-to-end licensing solution provider, strategically designed to elevate brand awareness and catalyze the growth of licensing across the nation. With a portfolio of prestigious brands across diverse sectors, Bradford License India leverages its expertise and industry insights to create successful licensing partnerships and drive brand growth in the Indian market.

Karnataka is gearing up for its next big investment event, Invest Karnataka Summit 2025 (Global Investors Meet 2025), aimed at driving growth in India’s industrial and retail sectors. With a theme of “Reimagining Growth,” the event is set to be a key platform for fostering tech-driven, green, inclusive, and resilient growth in the state. The summit will feature more than 100 speakers, 30+ technical and cultural sessions, and is expected to attract over 5,000 senior delegates from the retail and industrial sectors, making it a prime forum for collaboration between government and industry.

Shri M.B. Patil, Honourable Minister for Large and Medium Industries and Infrastructure Development, announced the summit in New Delhi, emphasizing Karnataka’s growing position as an industrial leader. He stated that the event will highlight Karnataka's vibrant ecosystem, home to 45 unicorns, and position the state as a hub for innovation and investments. He added, “Invest Karnataka 2025 is not just another investor meet; it’s a platform for real-time collaboration. We aim to create an ecosystem that connects financial investments with the state’s identity, fostering both innovation and sustainable growth.”

The event will prioritize the participation of startups, SMEs, and multinational corporations, ensuring the benefits of investment extend to all sectors. The summit is expected to boost Karnataka's manufacturing landscape and further establish its leadership in industries like electronics, healthcare, aerospace, and space technology.

Key Highlights of Invest Karnataka 2025:

• SME Connect 2025: A dedicated forum for small and medium enterprises, fostering collaboration and growth opportunities.
• VentuRISE – Global Startup Challenge: In its second edition, this competition will focus on sectors such as Clean Mobility, Aerospace and Defence, and ESDM, providing startups with funding opportunities, mentorship, and networking with industry leaders.
• Future of Innovation Expo: A showcase of cutting-edge innovations, where participants can experience live demonstrations and learn about technological advancements in various sectors.

The event will also highlight Karnataka's cultural heritage, blending its rich history with its technological progress. This intersection of tradition and innovation will be a key feature of the summit, showcasing Karnataka’s leadership in both culture and technology.

Strengthening Global Partnerships The summit aims to bolster Karnataka's international relationships. Earlier in the day, Shri M.B. Patil met with H.E. Simon Wong Wie Kuen, Singapore High Commissioner, to explore avenues for collaboration between Karnataka and Singapore. Discussions revolved around a recent MoU between the two nations, with a focus on semiconductors, digital advancements, healthcare, education, and sustainable manufacturing. The High Commissioner expressed interest in investing in data centers, medical device manufacturing, and pharmaceuticals, while also emphasizing Singapore’s desire to establish net-zero industrial parks in Karnataka.

Shri Patil extended an invitation for Singapore to be a country partner at Invest Karnataka 2025, further deepening ties between the two regions and opening up new avenues for investment and innovation.

With its focus on driving innovation, sustainability, and inclusivity, Invest Karnataka Summit 2025 promises to be a landmark event that will solidify the state’s position as a global leader in industry and technology.

In a significant development for the retail and business sectors in India, Shri Piyush Goyal, Hon'ble Commerce and Industry Minister of India, emphasized that as the UAE continues to evolve, the bilateral trade relationship between India and the UAE will also experience significant transformation. Speaking at the UAE-India Business Forum, supported by the Confederation of Indian Industry (CII), Goyal highlighted the alignment between the UAE's vision for the next 50 years and Prime Minister Narendra Modi’s vision for a prosperous Bharat. The event was graced by the Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan.

Goyal further noted that the Comprehensive Economic Partnership Agreement (CEPA) will pave the way for a new chapter in India-UAE trade relations, enhancing opportunities across sectors like retail, healthcare, and technology.

H.E. Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, UAE, acknowledged the strong friendship between the two nations. He stated, "The CEPA between the UAE and India has significantly broadened the scope for new projects and opportunities, catalyzing innovation and economic growth." The agreement has been instrumental in strengthening the economic partnership, particularly in the areas of retail and emerging technologies in India.

Sanjiv Puri, President of CII, remarked that the opening of Invest India and CII offices in the UAE will help both nations explore further business and investment opportunities, particularly in food security, which holds significant potential for collaboration.

Chandrajit Banerjee, Director General of CII, emphasized that CEPA has been a transformative milestone in the India-UAE economic relationship. He highlighted that healthcare, biotechnology, renewable energy, and precision technology are key areas where the two countries can collaborate, with UAE's capital helping India advance in these sectors.

H.E. Abdalla Sultan Al Owais, Vice Chairman of the UAE Federation of Chambers of Commerce and Industry, pointed out the substantial growth in air passenger traffic between the two countries, indicating significant potential for growth in sectors such as aviation, food supply chains, hospitality, and healthcare.

The forum featured discussions on opportunities in various sectors, including healthcare, biotechnology, AI and emerging technologies, agri-tech, logistics, and renewable energy, marking a new era for India-UAE trade and business collaborations.

Reliance Retail Ventures Limited, a leading player in the Indian retail sector, has announced a strategic 50/50 joint venture with Delta Galil Industries, Ltd., a global manufacturer and marketer of branded and private label apparel. This partnership aims to reshape the apparel market in India, focusing on intimate apparel, activewear, loungewear, and denim for men, women, and children.

The new venture will create an apparel innovation platform designed to address the specific needs of Indian consumers. Delta Galil will use this platform to broaden its presence in the Indian market by introducing its well-known portfolio of intimate apparel and activewear brands across various retail, wholesale, and digital channels. Additionally, Delta Galil will contribute to designing and manufacturing products for Reliance’s established brands.

V. Subramaniam, Managing Director of Reliance Retail Ventures Limited said, “Delta Galil’s reputation as a global innovator in intimate apparel and activewear aligns seamlessly with Reliance Retail’s commitment to delivering quality and innovative products to Indian consumers. Together, we are poised to elevate the consumer offerings in the intimate apparel and activewear segments across our retail platforms.”

Delta Galil’s CEO, Isaac Dabah said, “ th in the intimate apparel and activewear categories throughout the country.”

As India’s largest retail company, Reliance Retail will leverage its domestic sales and distribution capabilities through this joint venture, while gaining access to Delta Galil’s industry expertise and innovation in key apparel segments poised for growth in the Indian market.

The Open Network for Digital Commerce (ONDC) has announced the appointment of Dr. R.S. Sharma as the Non-Executive Chairperson. This move is expected to accelerate the adoption and expansion of ONDC within the retail sector in India.

Dr. Sharma brings extensive academic and professional credentials to his new role. He holds degrees in Physics, Mathematics, and Statistics from the University of Allahabad, an MSc in Mathematics from IIT Kanpur, an MS in Computer Science from the University of California, Riverside, an LLB from CCS University, and a Doctorate in Management and Public Policy from IIT Delhi.

Dr. Sharma’s career in the Indian Administrative Service (IAS) is marked by significant digital initiatives. He has served as Director General and Mission Director of UIDAI, Chairman of TRAI, CEO of the National Health Authority, and Chief Secretary for the Government of Jharkhand. His contributions to ONDC include roles on the ONDC Advisory Council and the ONDC Technology and Strategy Review Council, where he has influenced the network's strategic direction.

Globally recognized for his expertise in Digital Public Infrastructure, Dr. Sharma played a key role in the development of Aadhaar, which has been central to India’s digital transformation. His leadership at TRAI and the National Health Authority was pivotal during the COVID-19 pandemic, overseeing the implementation of Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), the Ayushman Bharat Digital Mission (ABDM), and CoWIN, the digital platform for India’s COVID-19 vaccination drive.

Dr. Sharma has been closely involved with ONDC since its inception, advising initial working groups and guiding the network’s evolution from a pilot project to a national initiative. His mentorship has been crucial to ONDC’s progress.

In his new role as Chairperson, Dr. Sharma’s leadership is expected to drive ONDC’s next phase of innovation and expansion, leveraging his extensive experience in Digital Public Infrastructure to further the network’s mission and objectives.

As the festive season approaches, Swiggy Instamart, India’s leading quick commerce platform, has expanded its operations to 43 cities. Over the past two months, Swiggy Instamart has launched in 11 new cities, including Rajkot, Thrissur, Mangalore, Kanpur, Udaipur, Warangal, Salem, Amritsar, Bhopal, Varanasi, and Ludhiana, introducing the convenience of rapid delivery to many of these locations for the first time. This expansion highlights Swiggy's commitment to making everyday essentials accessible to customers across India, especially in smaller cities.

Swiggy Instamart’s growth strategy focuses on expanding its store network in major metro areas while also targeting Tier ll and Tier lll cities, which represent tomorrow’s growth markets. Customers in these new cities can now enjoy fast access to a wide range of products, from daily essentials and groceries to electronics, toys, beauty products, and home supplies, all delivered within just 10 minutes, making festive shopping and everyday needs easier to manage.

In addition to its geographical reach, Swiggy Instamart is also partnering with local brands and vendors to offer products that resonate with regional tastes. For example, customers in Mangalore can now order products from Narans Foods and Ideal Icecream, while Bhopal residents can shop for items from Top N Town Breads and Andaah. In Thrissur, popular local brands like Milma Milk and Navua Bakers are now available on the platform.

Recent launches in these cities have demonstrated a strong demand for quick commerce services. A Swiggy Instamart store in Mangalore set a new record, fulfilling 1,000 orders in a single day faster than larger metro areas. Similarly, in Thrissur, over 1,000 orders were delivered in just four minutes, showcasing the platform's operational efficiency. In Bhopal, despite challenging weather conditions, Swiggy Instamart maintained 100% service availability, with 40 percent of orders being delivered during heavy rain.

Amitesh Jha, CEO of Swiggy Instamart said, “Users across India already recognize the convenience Swiggy provides. The enthusiastic demand from smaller towns and cities has been incredibly encouraging. Our expansion into these new locations marks a significant milestone, allowing even more people to experience the ease of having thousands of products—from everyday essentials to electronics and toys—delivered in just 10 minutes from both national and local brands.”

As Swiggy Instamart deepens its presence in Tier ll and lll markets, the company plans to expand its dark store network to meet rising demand. This move will help ensure that every customer's festive needs are met with ease and speed, particularly during the upcoming holiday season.

Swiggy Instamart has consistently seen an uptick in demand during festive seasons, reflecting a growing preference for quick commerce among Indian shoppers. With a vast selection of products available, Swiggy Instamart is well-positioned to serve customers’ needs during this period, with its 10-minute delivery promise making it the go-to platform for last-minute shopping.
 

PN Gadgil Jewellers Ltd announced that it has successfully raised Rs 330 crore from anchor investors, just a day before its initial public offering (IPO) opens for public subscription.

The list of anchor investors includes major entities such as ICICI Prudential Life Insurance Company, Tata Mutual Fund (MF), Axis MF, Mirae Asset MF, HDFC MF, Bandhan MF, Nippon India MF, Goldman Sachs (Singapore) Pte, Citigroup Global Markets Mauritius, Societe Generale, Troo Capital, and The Jupiter Global Fund.

According to a circular posted on the BSE’s website, the company has allocated 68.75 lakh equity shares to 33 funds at Rs 480 each, the upper end of the price band. This allocation brings the total transaction size to Rs 330 crore.

The Rs 1,100-crore IPO is scheduled to open for subscription on September 10 and will close on September 12. The price band for the shares has been set between Rs 456 and Rs 480 per share.

The IPO comprises a fresh issue of equity shares worth up to Rs 850 crore and an offer for sale (OFS) of equity shares amounting to Rs 250 crore by the promoter SVG Business Trust. Currently, SVG Business Trust holds a 99.9 percent stake in PN Gadgil Jewellers.

Market analysts have projected the company’s market capitalization to exceed Rs 6,500 crore post-issue.

Proceeds from the fresh issue will be utilized as follows: Rs 393 crore for setting up 12 new stores in Maharashtra, Rs. 300 crore for debt repayment, and the remaining funds for general corporate purposes. As of March 2024, the company had total borrowings of approximately Rs 397 crore, according to the red herring prospectus (RHP).

PN Gadgil Jewellers Ltd offers a diverse range of precious metal and jewelry products, including gold, silver, platinum, and diamond jewelry, catering to various price points and designs. The company’s products are primarily marketed under the flagship brand ‘PNG’ and several sub-brands, through its network of 39 retail stores (as of July 31, 2024) and various online platforms.

Motilal Oswal Investment Advisors Ltd, Nuvama Wealth Management Ltd, and BOB Capital Markets Ltd are serving as the book-running lead managers for the issue.

Phoenix Mall of the Millennium is celebrating its first anniversary, highlighting a year of incredible success and rapid growth. Over the past year, the mall has grown to include 280 stores, with plans to expand to 300 by the end of the year, strengthening its position as a top shopping destination.

As part of the anniversary celebrations, the mall has unveiled the much-anticipated opening of the Zara store, along with the launch of several prestigious international brands like Superdry, Armani Exchange, Sephora, Tira, Charles Tyrwhitt, Charles & Keith, Steve Madden, and Aldo. These additions elevate the mall’s luxury appeal and offer shoppers a premium retail experience with a wide variety of top-tier brands under one roof.

To mark this milestone, Phoenix Mall of the Millennium is launching the 365 Gifts Campaign, a thrilling event that offers shoppers the chance to win fabulous prizes. By spending a minimum of Rs. 5000 at the mall, customers can enter a lucky draw to win exciting rewards, including Harley Davidson bikes, diamond necklaces, iPhone 15 phones, and more.

Adding to the celebration is the launch of Eclectic Village, Pune’s largest dining destination, which boasts a diverse array of award-winning restaurants. Visitors can indulge in culinary delights from popular eateries such as Ishaara, Eight, Punjab Grill, Asia Kitchen by Mainland China, The Irish House, Pizza Express, and more, making it a must-visit location for food enthusiasts.

Vikram Pai, Centre Director,  Phoenix Mall of the Millennium shared, “Celebrating our first anniversary is a testament to the vibrant community we’ve built and the incredible support we’ve received in this past year. The introduction of the most extensive selection of top-tier brands under one roof & the launch of IP’s like the 365 gifts campaign are just the beginning. This strategic addition is designed to elevate the shopping experience by combining the best in style and beauty in a single, convenient location. Our goal is to provide a seamless and elevated customer experience, characterized by superior service, exclusive offerings, and a meticulously curated environment. We invite you to explore these exciting new stores and enjoy a shopping experience that truly stands out. Here’s to many more years of innovation and Excellence.”

With its continued expansion and dedication to delivering an exceptional shopping, dining, and entertainment experience, Phoenix Mall of the Millennium is set to remain a premier lifestyle destination for years to come.

Stove Kraft, a leader in home and kitchen solutions, has unveiled its latest innovation—the Pigeon AirFusion Air-Fryer Rotisserie Oven. This versatile appliance combines the functions of an air fryer, oven, toaster, and grill (OTG), with advanced rotisserie features, all packed into a compact and sleek design.

With a 12-litre capacity, the AirFusion is designed for health-conscious Indian families and cooking enthusiasts seeking a versatile, convenient, and high-quality cooking experience. The appliance delivers impressive results across various cooking methods, including air frying, roasting, baking, grilling, and toasting, using 360-degree heat circulation technology and up to 95% less oil. From crispy, oil-free snacks to perfectly baked goods, AirFusion aims to be the ultimate kitchen companion.

Rajendra Gandhi, Managing Director of Stove Kraft expressed, “We are excited to introduce the innovative AirFusion to our customers. This appliance embodies our commitment to innovation, quality, and health. It’s designed to simplify cooking while delivering delicious, oil-free meals, making it a must-have in every kitchen.”

The AirFusion offers several advanced features, including an LED Digital Touchscreen for easy operation, precise temperature control (ranging from 80°C to 200°C), flexible timing settings (from 1 to 90 minutes), and a transparent cooking window with interior lighting to monitor the cooking process. It also comes with 9 pre-set cooking recipes, such as French fries, pizza, baking, rotisserie, and dehydrator, allowing users to prepare meals with the touch of a button. Additional functions like Keep Warm, Pre-Heat, and Defrost ensure meals are served at the perfect temperature.

Dr. M. Nanda, Chief Marketing Officer of Stove Kraft, highlighted, “The AirFusion is a testament to our dedication to providing versatile and efficient kitchen solutions. With its multi-functional capabilities and user-friendly design, it empowers our customers to cook healthy and flavourful meals every day and effortlessly. This isn’t any ordinary kitchen appliance, it’s an outstanding combination of two very useful appliances that all modern homes need.”

The AirFusion comes equipped with seven essential accessories, including two mesh racks, a rotisserie basket, a rotisserie shaft, skewers, a removal tool, and a drip tray. These accessories enhance the cooking experience, making tasks like preparing crispy fries, roasted nuts, whole roasted cauliflower, and soya kebabs a breeze. Additionally, the appliance’s drip tray ensures easy clean-up by catching excess oil, promoting healthier meals.

Pigeon’s commitment to customer satisfaction is further reinforced by its extensive after-sales service network, with service centres across the Eastern and North-East regions. The Pigeon AirFusion Air-Fryer Rotisserie Oven is available at over 75,000 retail outlets across India, 200+ Pigeon Exclusive stores, and online on platforms such as Amazon and Flipkart.

France’s largest supermarket operator, Carrefour, is making a return to the Indian retail market through a franchisee partnership with Dubai-based Apparel Group. This marks Carrefour's second attempt to establish itself in India after exiting the market a decade ago due to heavy losses in its cash-and-carry business. Carrefour's re-entry into India will now target consumers directly, competing with established retail players like DMart and Reliance Smart Bazaar.

India allows 100 percent foreign direct investment (FDI) in the cash-and-carry or wholesale business, but these entities can only sell to businesses and retailers, not directly to consumers. This time, Carrefour is entering with a different strategy—franchise-operated Carrefour-branded stores that will focus on direct consumer sales, aiming to capture a share of India’s growing supermarket sector.

Apparel Group India Pvt. Ltd., part of the UAE-based retail conglomerate Apparel Group, announced its partnership with Carrefour through a social media post. "We are thrilled to announce Apparel Group’s partnership with Carrefour to introduce Carrefour’s renowned retail experience with plans for nationwide expansion across India," the company shared on LinkedIn.

Apparel Group India already operates more than 200 retail stores and over 10 brands across multiple platforms, catering to millions of shoppers. The group employs over 3,000 staff in the country, positioning it well for Carrefour's expansion in India.

Globally, Carrefour operates over 14,000 stores in more than 40 countries, generating revenue of €94.1 billion in 2023. As a leading player in the global food retail sector, Carrefour is known for offering high-quality, affordable food, and employs over 300,000 people worldwide. With this re-entry into the Indian market, Carrefour aims to leverage its global expertise to provide a world-class retail experience.

By collaborating with Apparel Group, Carrefour is setting the stage to become a key player in India’s competitive retail landscape. This move is expected to accelerate Carrefour’s presence in a rapidly growing retail market while contributing to the evolving consumer retail space in India.

UAE-based multinational conglomerate Lulu Group has officially opened its latest shopping destination in Kozhikode, marking a significant milestone in the region's development. The new Lulu Mall was inaugurated yesterday, and it promises to modernize the city while creating 2,000 new job opportunities.

“The new venture marks a significant step towards the modernization of Kozhikode. It has advanced local development and provided job opportunities for 2,000 individuals,” said Yusuff Ali M.A., Chairman of LuLu Group.

The grand inauguration was presided over by Kerala Minister P.A. Mohammed Riyas, with Kozhikode Mayor Beena Philip performing the ribbon-cutting ceremony. The event was attended by several prominent figures, including P.K. Kunhalikutty MLA, Ahamed Devarkovil MLA, Thottathil Ravindran MLA, BJP State President K. Surendran, Kozhikode Deputy Mayor C.P Musafar Ahamed, and Lulu Group Chairman Yusuff Ali M.A., among other dignitaries.

The mall, developed with an investment of Rs 800 crore, spans 3.5 lakh square feet and is located near Mankavu, just 5 km from Kozhikode Cyber Park and Government Medical College. It features a 1.5 lakh sq. ft. Lulu Hypermarket, a Lulu Fashion Store, Lulu Connect for electronics, and nearly 50 national and regional brands, including Tissot, Skechers, Levi’s, US Polo, Allen Solly, and Poshe Salon, offering a premium shopping experience.

In addition to retail, the mall offers a food court with seating for over 500 people, hosting popular food outlets such as KFC, Pizza Hut, Baskin Robbins, Starbucks, and the fusion restaurant Flame’n’Go. For entertainment, there’s a dedicated children’s gaming arena.

“Kozhikode is renowned for its rich history, pristine beaches, and its pivotal role in the spice trade,” Yusuff Ali M.A. noted, highlighting the city’s significance as the landing site of Vasco da Gama in 1498. Lulu Mall Kozhikode, located near Mavoor Road, is expected to become a hub for the local community, attracting visitors from all over North Kerala.

The mall also boasts five self-checkout counters for added convenience and 1,800 dedicated parking spaces. Lulu Mall Kozhikode opened its doors to the public on September 9th, offering exclusive inaugural promotions to mark the occasion.

Lulu Group International, headquartered in Abu Dhabi, continues its rapid expansion across India with this latest venture, solidifying its presence in the commercial real estate sector.

Shoppers Stop, India's leading omnichannel destination for premium fashion, beauty, and gifting, launched its much-anticipated Pujo Collection in a spectacular fashion show at South City Mall, Kolkata. Headlined by actors Arjun Chakraborty and Darshana Banik, the event set the tone for the festive season, highlighting the spirit of Pujo with stylish flair.

Pujo is more than just a festival—it is a celebration of culture, tradition, and community. Shoppers Stop’s latest collection captures this essence, offering a wide range of outfits perfect for every Pujo occasion. From pandal hopping to intimate adda sessions or indulging in traditional rituals, the collection presents a curated ensemble for the entire family, showcasing over 500 premium brands. In addition, the personalized styling services provided by Shoppers Stop’s Personal Shoppers add an extra touch of customization, ensuring every look is unique.

Jiten Mahendra, Chief Marketing Officer at Shoppers Stop Limited shared, "At Shoppers Stop, customer satisfaction is paramount. Pujo is a very important occasion in our customers' lives in West Bengal. Keeping this in mind, we have curated looks that perfectly marry tradition with contemporary style, ensuring our customers look their best during this festival. We are happy to unveil our Pujo collection with renowned actors Arjun Chakrabarty and Darshana Banik."

The Pujo Collection is available across Shoppers Stop’s range of premium brands, including Versace, Fossil, Michael Kors, Tommy Hilfiger, Calvin Klein, and Vero Moda. Shoppers can also explore the brand's extensive beauty offerings from MAC, Jo Malone, and Estee Lauder, making Shoppers Stop a one-stop destination for all things festive.

With customer satisfaction at its core, Shoppers Stop continues to enhance its services through its 10 million-strong First Citizen Club loyalty program, offering exclusive rewards, personalized shopping experiences, and priority access to events. As Durga Puja approaches, Shoppers Stop is the ultimate destination for festive shopping, whether in-store or online at www.shoppersstop.com.

Visit your nearest store or explore the latest collections online to make this Pujo season truly special.

Acer has unveiled its latest concept, the Project DualPlay gaming laptop, during the next@acer global press conference in Berlin, Germany. Designed for the growing gaming community, this Predator series concept aims to revolutionize the gaming experience by merging versatility and shared gaming features into a powerful single device. This development could potentially impact the retail gaming landscape in India as well, where demand for cutting-edge gaming laptops is on the rise.

Project DualPlay breaks new ground in on-the-go gaming, offering players an immersive experience through innovative features. One standout is the oversized touchpad, which doubles as a detachable wireless controller. With just a two-finger press on the keyboard’s release button, players can unlock the controller from its electromagnetic lock. This action also activates two high-fidelity, 5-watt pop-out speakers, providing rich, dynamic audio to enhance the gaming experience.

For multiplayer enthusiasts, Project DualPlay offers an exciting option for shared gaming. A second player can join in, with the detachable controller further splitting into two joysticks, making it ideal for competitive games like *Capcom Street Fighter 6*. This feature allows players to seamlessly switch between keyboard and controller setups, adapting to different game genres and playing styles.

The laptop also enhances the visual and sensory experience with customizable 360-degree dynamic RGB lighting that wraps around the keyboard, screen bezels, and wide trackpad area. The lighting extends to the infinity mirror bar on the back and the controller’s joysticks, creating a visually captivating atmosphere during gameplay.

Rajesh Thadani, Senior Director, Acer India shared, "Project DualPlay is a reflection of our commitment to pushing the envelope in gaming technology. With this concept, we're not only introducing innovative hardware but also redefining how players interact with their games. As the gaming community grows in India, we believe Project DualPlay will be a game-changer for those seeking cutting-edge, immersive experiences."

Project DualPlay is a significant step in Acer’s Predator lineup, marking a bold move in gaming innovation. By offering unique features that cater to various gaming preferences, Acer aims to deliver an unmatched experience for both casual and hardcore gamers. As the gaming market in India and globally continues to evolve, this concept is poised to set a new standard for gaming laptops.

Page Industries, the exclusive licensee of JOCKEY International Inc continues to push the growth of Jockey’s men’s innerwear segment in India, with a renewed focus on younger audiences, particularly Gen Z. The innerwear category in India's retail sector has seen a notable uptick in sales, with volume growth in recent quarters, positioning the market for continued expansion. In response, Jockey has launched its refreshed ‘Nothing Fits Better’ campaign to highlight its flagship men’s innerwear line and appeal to the trend-conscious youth of India.

Jockey’s new campaign aims to reinforce its core philosophy, emphasizing quality and comfort, while targeting today’s youth with a modern look. The campaign's message, “Jockey or Nothing,” is designed to connect with younger consumers by positioning the brand as a medium of self-expression. Featured in the campaign are collections like NYC, USA Originals, POP, and MOVE, offering styles such as briefs, boxer briefs, inner boxers, and trunks. These collections boast bold prints, playful stripes, and fresh colors, resonating with the vibrant preferences of Gen Z.

Nihal Rajan, CMO of Jockey India said, “Jockey’s range of men’s innerwear, including the NYC, USA Originals, POP, and MOVE collections, offers styles suited for any time of day, making them an essential part of a youngster’s life. Today’s young men are adventurous, spirited, and passionate, with diverse career choices and hobbies. With the ‘Nothing Fits Better’ campaign, we aim to capture the energy of this youth cohort, positioning Jockey as the brand that complements their vibrant personalities and fits seamlessly into their dynamic lifestyles.”

The campaign will be rolled out across Jockey Exclusive Stores, as well as outdoor, digital, and social media platforms, engaging with the audience through relatable and dynamic content. By reflecting everyday scenarios in the lives of young men, Jockey aims to deepen its connection with this demographic.

Over the last 25 years, Jockey has cemented its position as one of the most popular innerwear brands in India. With the latest campaign, Jockey aims to further strengthen its foothold in the retail market by aligning its products with the evolving preferences of Gen Z.
 

Philips, a global leader in healthcare technology, announced on Monday that Bharath Sesha has been appointed as the Managing Director (MD) for the Indian subcontinent, effective from September 1, 2024. In his new role, Sesha will oversee Philips’ healthcare business operations across the region, which are headquartered in Gurgaon, while also managing the company’s broad range of activities in India. These include the Philips Innovation Campus (PIC) in Bengaluru, the Healthcare Innovation Centre (HIC) in Pune, and the Global Business Services (GBS) center in Chennai.

Sesha brings over two decades of global experience to the role and is expected to play a pivotal role in strengthening Philips’ presence in the Indian subcontinent. His responsibilities will include overseeing Philips' healthcare portfolio, ensuring compliance with regulatory requirements, and driving the company’s innovation and business strategies across the region. Sesha's appointment reflects Philips’ commitment to fostering strong leadership and driving growth in one of its key markets.

Before joining Philips, Sesha was the Managing Director at Heubach Colorants India, where he gained extensive experience in managing large-scale operations and driving growth initiatives. His previous roles have equipped him with deep insights into global business dynamics, making him well-positioned to lead Philips' operations in India and contribute to its strategic goals.

Sesha succeeded Daniel Mazon, who was the Vice Chairman and Managing Director for Philips in the Indian subcontinent until April 1, 2024. During his tenure, Mazon played a key role in expanding Philips' footprint in the region, particularly in the healthcare sector. Following his success in India, Mazon has taken on a global role at Philips’ headquarters in the Netherlands, where he will continue to contribute to the company’s worldwide strategy.

In a statement, Philips highlighted the importance of the Indian subcontinent as a growth market for the company, emphasizing Sesha’s role in driving innovation and expanding its business in the region: "His vast experience and leadership skills will help Philips continue its mission of improving people's lives through meaningful innovation in healthcare and personal health."

Headquartered in the Netherlands, Philips is renowned globally for its advanced solutions in diagnostic imaging, ultrasound, image-guided therapy, monitoring, and enterprise informatics. The company also has a significant presence in the personal health domain, offering a wide array of products designed to improve the quality of life for consumers. With its robust innovation centers in India, Philips aims to harness local talent and develop cutting-edge technologies that can benefit not only the Indian market but also its global operations.

Sesha’s appointment is seen as a strategic move that will further strengthen Philips’ leadership in India’s rapidly growing healthcare sector. By leveraging the capabilities of the Philips Innovation Campus in Bengaluru and the Healthcare Innovation Centre in Pune, the company is poised to continue delivering innovative healthcare solutions tailored to the needs of the Indian population. Additionally, the Global Business Services center in Chennai plays a crucial role in supporting Philips' operations and business processes across the globe.

With Sesha at the helm, Philips is expected to build on its strong foundation and enhance its market leadership in India, focusing on innovation and technology that align with the company’s vision of improving healthcare outcomes.

In a strategic move to bolster its celebrity beauty brand, Kay Beauty, India’s leading beauty and fashion retailer, Nykaa, has appointed Sukhleen Aneja, former CEO of Good Brands Co (part of the Good Glamm Group), as the new Senior Vice President and Business Head. Kay Beauty, which was co-created by Nykaa and Bollywood actress Katrina Kaif in 2019, has quickly risen to prominence and now generates annual sales exceeding Rs 150 crore across both online and offline platforms. Aneja will also oversee Nyveda, Nykaa’s Ayurvedic beauty brand, and will provide strategic direction for other emerging brands in the wellness and personal care space.

Kay Beauty has become a household name in India, known for its innovative product line featuring skin-nourishing ingredients and high-performance makeup. With over 150 Nykaa stores and 450 selective beauty retail outlets distributing the brand, its reach is extensive. Looking ahead, Aneja's focus will be on scaling Kay Beauty in international markets following its immense success domestically.

Adwaita Nayar, Executive Director, Nykaa and CEO, Nykaa Fashion and Head of Owned Brands said, “We are delighted to welcome Sukhleen Aneja to the Nykaa Family to lead the Kay Beauty and Nyveda businesses. Sukhleen’s extensive experience in building customer-centric brands will be invaluable as we up our ambition on both brands. For Kay Beauty specifically, her strategic vision, along with Katrina’s marketing mind and might, will enable the Rs.150 Cr brand to scale to the next level both domestically and internationally.”

Aneja, who has now joined Nykaa as Senior Vice President and Business Head for Kay Beauty, remarked, “I am thrilled to join Nykaa and look forward to driving growth and innovation in Kay Beauty and Nyveda. Beauty continues to be under-penetrated in India and that’s where the opportunity lies for creating strong and powerful consumer-first brands.”

In her previous role, Aneja was instrumental in scaling brands and leading innovation at Good Brands Co, where she served as CEO from December 2021. Her extensive career also includes leadership positions at Reckitt Benckiser, L’Oreal, and Unilever, where she was known for creating strategic roadmaps and transforming businesses.

Nykaa’s celebrity beauty brand, Kay Beauty, stands out in the market for its inclusivity and trendsetting products, such as the popular Hydra creme lipstick range. With a strong Instagram community of 1.5 million followers, the brand resonates deeply with its customers, emphasizing the message that #ItsKayToBeYou.

Sukhleen Aneja’s appointment signals Nykaa’s continued commitment to innovation and its ambitious plans for the future. With her leadership, Kay Beauty and Nyveda are poised for significant growth, both in India and internationally.

Auréa, the growth capital firm co-founded by Mike Jatania and Paul Raphaël, has acquired The Body Shop, a move reflecting Auréa’s focus on purpose-led brands in the Beauty, Wellness, and Longevity sectors. This acquisition is Auréa’s largest transaction to date and signals a commitment to revitalizing the iconic brand known for its ethical beauty products.

Founded in 1976, The Body Shop has long been a pioneer in the ethical beauty space, offering high-quality skincare, body care, haircare, and makeup made from natural, fairly traded ingredients. With this acquisition, Mike Jatania will serve as Executive Chairman, and Charles Denton will take on the role of CEO, both bringing a wealth of experience in transforming heritage brands into sustainable, growth-oriented businesses.

Mike Jatania, Co-Founder of Auréa said, “With The Body Shop, we have acquired a truly iconic brand with highly engaged consumers in over 70 markets worldwide. Our focus will be on exceeding customer expectations by investing in product innovation and enhancing the shopping experience while maintaining the brand’s ethical and activist positioning.”

Charles Denton, CEO of The Body Shop said,“I am excited to lead this brand, which I have admired for years. Revitalizing the business will require bold action, and we are committed to restoring The Body Shop’s values-driven and independent spirit, with a focus on sustainable growth.”

Shriti Malhotra, Group CEO of Quest Retail, which operates The Body Shop India said, “The Body Shop India welcomes this exciting news. With new ownership at the helm, we are looking forward to tremendous brand energization and accelerated growth. The Body Shop India is deeply connected to Indian customers through its strong omnichannel presence with 200+ stores and online presence in 1500+ cities through a strong e-commerce and Quick-commerce network. With immense opportunities ahead of us, we are excited to work with the new owner."

The acquisition underscores Auréa's commitment to leveraging its investment expertise and operational insight to drive The Body Shop’s global resurgence while reinforcing its ethical roots and connection with customers across markets, including India.
 

International fashion retailer Primark is poised to enter the UAE retail sector. Alshaya Group, a leading international retail franchise operator, announced a strategic partnership with the British brand to explore store openings in the Middle East. 

John Hadden, CEO of Alshaya Group, confirmed that discussions are underway to bring Primark to the region. "We are incredibly proud to partner with Primark to discuss potential opportunities to bring their stores to the region. For many years, shoppers across the region have asked for Primark and we are looking forward to the start of a successful partnership to help bring their exceptional in-store experience to the GCC,” Hadden stated.

Primark, which began in Dublin, Ireland 55 years ago, now operates over 450 stores across 17 markets. The brand is known for offering value essentials and high-quality fashion at affordable prices.

Travel and lifestyle brand Mokobara has taken another significant step in its retail expansion with the launch of its third store in Mumbai, located at Nexus Seawoods, further solidifying its presence in the city. This new opening marks the brand’s 14th offline location nationwide, reflecting its growing popularity and reach. 

“Delighted to announce the grand opening of our latest store at Nexus Seawoods,” Yadav said in a LinkedIn post, accompanied by images of the newly inaugurated store.

Mokobara first entered the Mumbai retail market in November 2023, with the opening of its debut store at Phoenix Palladium Mall. Earlier this year, the company followed up with a second store in Mumbai at Oberoi Mall, Goregaon. The latest outlet at Nexus Seawoods further strengthens Mokobara’s foothold in the city, highlighting its commitment to expanding in key urban centers.

Founded in early 2020 by Sangeet Agarwal and Navin Parwal, Mokobara initially launched as a direct-to-consumer (D2C) online luggage brand. The Bengaluru-based retailer offers a wide range of travel and lifestyle products, including travel bags, briefcases, totes, slings, wallets, and other accessories, catering to modern travelers with stylish, functional designs.

In May 2023, Mokobara made its first foray into brick-and-mortar retail with the opening of its inaugural store at Phoenix Marketcity in Whitefield, Bengaluru. Since then, the company has rapidly expanded its physical presence, opening stores in cities like Chennai, Hyderabad, Gurugram, Amritsar, and Pune.

In addition to its growing retail footprint, Mokobara continues to operate an active e-commerce platform, selling through its own website as well as major online marketplaces such as Flipkart, Myntra, Amazon, and Nykaa.

The brand has also made headlines for its successful funding rounds. In October 2023, Mokobara raised $3.6 million in funding from investors including Saama Capital, Sauce VC, and Alteria Capital. Earlier this year, the company secured an additional $12 million in a Series B funding round led by Peak XV Partners, with further contributions from existing investors. This influx of capital has fueled Mokobara’s ambitious plans for retail expansion, product development, and enhancing customer experiences both online and offline.

With the new store at Nexus Seawoods, Mokobara continues its journey to become a household name in the travel and lifestyle segment, offering modern, versatile, and high-quality luggage solutions for customers across India. The brand’s retail expansion signals its commitment to providing customers with immersive, hands-on shopping experiences, while its strong online presence ensures accessibility to a wider audience.

Bvlgari, a prominent name in high jewelry, has expanded its retail offerings in India with the launch of the new Bvlgari Bvlgari Mangalsutra sautoir necklace. This addition follows the success of the initial Mangalsutra necklace introduced in 2021, which featured a campaign with Global Ambassador Priyanka Chopra Jonas. The new piece continues to blend Indian cultural heritage with contemporary design.

The Bvlgari Bvlgari Mangalsutra sautoir necklace merges Indian tradition with modern aesthetics. Its design includes circular elements in rose gold reminiscent of ancient Roman coin engravings, accented with black onyx inserts and pavé diamonds. The necklace also features black onyx beads, reflecting traditional craftsmanship while showcasing Bvlgari’s innovation.

Jean-Christophe Babin, CEO of Bvlgari said, “The Bvlgari Mangalsutra sautoir necklace beautifully blends our Roman heritage with Indian traditions. This piece showcases our dedication to honoring diverse cultures and highlights our commitment to modern elegance. We are thrilled to present this second exclusive creation, celebrating Bvlgari’s timeless charm and the dynamic spirit of contemporary Indian women.”

The necklace not only honors traditional marriage bonds but also serves as a symbol of empowerment and personal growth. It is designed to enhance the unique qualities of women and support their multifaceted personalities. The new Bvlgari Bvlgari Mangalsutra sautoir necklace is now available at selected Bvlgari stores.

Asos Plc, the UK-based online fashion retailer, has agreed to sell a 75 percent stake in its Topshop and Topman brands to Heartland A/S, a company owned by Denmark’s Holch Povlsen family, which also owns retail group Bestseller A/S. The £135 million ($178 million) deal forms a joint venture between Asos and Heartland, giving Bestseller control over two iconic brands that Asos had acquired in 2021 from Philip Green’s insolvent retail group for £295 million. 

In the context of *retail* and *India*, Asos, a key player in online fashion, has been focused on reducing costs and managing stockpiles of unsold clothing, amid challenges in the e-commerce sector. The sale of Topshop and Topman marks a strategic step in restructuring efforts to stabilize the business.

Shares of Asos rose by as much as 16 percent following the announcement, showing a positive market response. This comes after the company's shares had dropped 17 percent over the past year. As part of the plan, Asos intends to relaunch Topshop.com within six months of the deal's completion, while continuing to sell the brands on its e-commerce platforms.

Bestseller, the new majority stakeholder, operates retail and wholesale businesses under over 20 fashion brands, including Jack and Jones and Vero Moda. The company runs about 2,700 branded stores across 32 countries, 2,100 of which are operated directly.  

Amid its efforts to manage finances, Asos also announced plans to refinance a bond due in April 2026 with new debt maturing in 2028 and to repay the rest in cash. It will extend the maturity of an existing facility with Bantry Bay Capital, while convertible notes due in 2026 gained about 12 pence on the pound to 84 pence.

Analysts from Investec, Ben Hunt and Kate Calvert, noted that while extending debt and gaining cash inflow are positive steps, the company still faces challenges in stabilizing its operations fully.

Online fast-fashion giant Asos has agreed to sell a 75 percent majority stake in its Topshop and Topman brands to Heartland, a company controlled by Danish retail mogul Anders Holch Povlsen, owner of the fashion and lifestyle group Bestseller. The deal, valued at $178 million, is structured as a joint venture with Heartland, as reported by a leading media outlet.

Under the terms of the joint venture, Asos will retain certain design and distribution rights for the Topshop and Topman brands. This arrangement will allow Asos to continue selling these brands online while earning a royalty fee. The proceeds from this transaction are expected to assist Asos in repaying its debts as part of its broader refinancing efforts.

Asos acquired the Topshop and Topman brands in 2021 following the collapse of Sir Philip Green’s retail empire. The deal with Heartland, anticipated to close in the fourth quarter of fiscal year 2024, will see Heartland holding a 75 percent stake in the joint venture, with Asos retaining the remaining 25 percent. Additionally, Asos will have the option to sell an extra 5 percent stake in the joint venture to Heartland for approximately $11.8 million.

Bestseller, a family-owned fashion company established in 1975, owns and manages over 20 brands, including Jack & Jones, Only, and Vero Moda. These brands are available in 70 countries across Europe, Asia, North America, South America, Oceania, and the Middle East.

Recently, Asos has also expanded into the Indian market through a partnership with Reliance-owned e-commerce platform Ajio. The platform now features over 3,000 products from Asos’s curated portfolio, including brands such as Asos Design, Asos Edition, Asos Luxe, and Miss Selfridge.

Cantabil Retail India Ltd., a prominent Indian apparel brand, has reached a notable milestone by surpassing 550 stores across the country. The company celebrated this achievement with the launch of four new stores in Delhi.

The newly inaugurated outlets are strategically located in Moti Nagar (2,007 sq. ft.), Kamla Nagar (3,850 sq. ft.), Sagarpur (550 sq. ft.), and Lajpat Nagar (1,990 sq. ft.). With these additions, Cantabil now boasts over 90 stores throughout the Delhi NCR region, further solidifying its footprint in the capital.

Cantabil’s stores provide an extensive range of clothing options for men, women, and children, along with a variety of activewear and footwear. This diverse product offering caters to a broad customer base and enhances the brand's appeal across different demographics.

“Crossing the 550-store milestone is a proud moment for us. The opening of these stores marks a significant step in our expansion strategy as we continue to grow our presence across the country,” said Deepak Bansal, director, Cantabil Retail India.

Cantabil was established in 2000 and has since expanded its presence to 20 states and more than 250 cities across India. The brand initially focused on men’s apparel but diversified into women’s wear in 2007. In 2018, Cantabil introduced a line for children, and in 2023, it further broadened its offerings to include athleisure wear and footwear.

In addition to its physical stores, Cantabil has embraced digital retail, offering its products through its own online platform, Cantabilshop.com. The brand also sells through major e-commerce marketplaces such as Myntra, Ajio, Flipkart, Nykaa, TataCLiQ, and Amazon, providing customers with a variety of shopping options.

As Cantabil continues to expand its reach and diversify its product range, the company remains committed to delivering quality apparel and meeting the evolving needs of its customers across India.

Agilitas Sports, a Bengaluru-based start-up specializing in athleisure sportswear, has announced the appointment of Rohan Chhabra as its new Senior Director of Apparel Design and Creative Strategy. This strategic move aims to enhance the company's design capabilities and creative vision as it continues to make a mark in the sports and fashion industries.

The announcement was made through a LinkedIn post by Agilitas Sports, which highlighted Chhabra’s extensive background in fashion and creative direction. The post read, “Say hello to Rohan Chhabra, our Senior Director – Apparel Design and Creative Strategy. Chhabra brings extensive diverse experience in fashion, creative direction, and concept development.”

Chhabra comes to Agilitas with a robust portfolio, having previously worked with prominent global brands such as Nike, Ralph Lauren, and Space Runners. His experience spans several fields including artificial intelligence, the Metaverse, sportswear, luxury fashion, and cultural trends in both the US and Europe. His diverse background is expected to bring a fresh and innovative perspective to Agilitas Sports, further solidifying its position in the competitive athleisure market.

“Joining Agilitas is not just about a new role; it’s about being part of something truly groundbreaking in the sports and fashion landscape of India. “For the first time, we are building something that resonates deeply with the real India with a global appeal,” said Chhabra.

Founded in 2023 by Abhishek Ganguly, the former Managing Director of Puma India and Southeast Asia, alongside Atul Bajaj and Amit Prabhu, Agilitas Sports has already made significant strides in the industry. The company recently expanded its portfolio by acquiring Mochiko Shoes Pvt Ltd., a prominent sports footwear manufacturer in India. This acquisition allows Agilitas to produce products for a range of well-known brands, including Adidas, Puma, New Balance, Skechers, Reebok, Asics, Crocs, Decathlon, Clarks, and US Polo.

In addition to Chhabra's appointment, Agilitas Sports has also strengthened its leadership team with the recent hiring of Nirdosh Chouhan as Chief Technology and Product Officer (CTPO) and Richard Zartman as Vice President of Footwear Design. These appointments reflect Agilitas’s commitment to innovation and excellence in its product offerings.

With these strategic hires and recent acquisitions, Agilitas Sports is poised to continue its growth trajectory, setting new benchmarks in the athleisure market and delivering exceptional products to customers worldwide.

Amazon Global Selling, the international export initiative of the e-commerce giant, is set to surpass $13 billion in cumulative e-commerce exports from India by the end of 2024, according to a senior company official. The program is on track to reach its ambitious $20 billion target by 2025.

Bhupen Wakankar, Amazon India’s Director of Global Trade, revealed that since its launch in 2015, the exports program has facilitated the sale of over 400 million Made in India products to customers around the globe.

“When we started, we pledged a target of $10 billion in cumulative exports from SMBs by 2025. In 2020, we doubled the pledge to $20 billion by 2025. We are very happy to report that by the end of 2024, we will have completed $13 billion already and are committed to enabling $20 billion in cumulative e-commerce exports from India by 2025,” said Wakankar.

Wakankar noted the program’s rapid growth, highlighting that it took about eight years to reach $8 billion (2015-2023) and just one year to advance from $8 billion to $13 billion (2023-2024).

Over the past year, the seller program has onboarded approximately 50,000 new sellers, bringing the total to 150,000. These sellers have collectively sold over 400 million Made in India products worldwide.

“Amazon Global Selling is seeing remarkable adoption across the country and has sellers from more than 200 Indian cities. It enables sellers to build global brands by selling to hundreds of millions of customers on 18 Amazon global marketplaces in countries such as the US, the UK, the UAE, Saudi Arabia, Canada, Mexico, Germany, Italy, France, Spain, Australia, Singapore, among others. This is like a democratic egalitarian platform where sellers from all parts of the country have embraced it,” Wakankar further added.

The Exports Digest 2024 report, released on Thursday, identified beauty products as the top growth category in 2023, with a 40 percent year-on-year increase, followed by apparel, health, and personal care. The United States, United Kingdom, Canada, and Germany emerged as the top international marketplaces for Indian sellers on Amazon Global Selling.

The report also highlighted that Maharashtra, Delhi, Gujarat, Rajasthan, and Karnataka are the leading states contributing the highest number of exporters to the program.

Titan Company Ltd has expanded its retail presence with the opening of three new stores in New Delhi. These new outlets include the 18th and 19th Tanishq stores and the 7th Taneira store, marking a significant move in Titan's retail strategy. The new stores are located in South Extension and Chandni Chowk, two of the capital's most vibrant retail districts, catering to the city's diverse and affluent demographic base. This expansion aligns with Titan's focus on strengthening its retail operations across India to meet growing consumer demand for high-quality and beautifully crafted products.

C K Venkataraman, Managing Director of Titan Company Limited said, "New Delhi represents a crucial market for us, with its blend of tradition and modernity, making it an ideal region for our latest store launches. These new stores not only enhance our accessibility but also reinforce our commitment to offering unparalleled shopping experiences. As we continue to expand our retail footprint, we remain focused on integrating innovative retail formats and superior customer service, ensuring that our brands resonate deeply with our diverse customer base."

The newly opened Tanishq stores aim to elevate the jewellery shopping experience with a vast selection of collections, including Gold, Diamonds, Celeste Solitaire, Rivaah, Enchanted Trails, Tales of Tradition, and the "Rivaah X Tarun Tahiliani" collection. The South Extension store, spanning 17,500 square feet, is positioned in South Extension Part 2, while the Chandni Chowk store, covering 6,000 square feet, caters to the rich cultural and market atmosphere of the Omaxe Chowk, Gandhi Maidan area.

In addition, the new 2,500-square-foot Taneira store in Chandni Chowk offers a curated range of handcrafted and authentic sarees, ready-to-wear kurtas, and blouses. The store's collection includes signature weaves such as Pure Silk, Cotton, Ikat, Kota Doria, Banarasis, Chanderis, Maheshwaris, and more, making it a key destination for wedding shoppers.

To celebrate the openings, Tanishq and Taneira are offering special promotions. Tanishq customers can receive a free gold coin with every purchase from 5th to 8th September 2024, while Taneira is offering a 0.2 gram Tanishq gold coin on purchases of Rs 20,000 or more from 5th to 10th September 2024.