Following the success of its multi-brand supplement store franchise, Muscle & Strength India, a prominent retailer of fitness supplements and nutritional products, has secured exclusive distributorship agreements with several renowned international supplement brands. These brands include JNX Sport, Ryse Supplements, DY Nutrition, Unmatched Supplements, Universal Nutrition, VMI Sports, DarkLabs, Hawk Labz, and Blackstone Labs, among others.
These world-class supplements and nutrition products are known for their trusted quality, innovation, and value, offering consumers a wide range of options for health, wellness, fitness, and bodybuilding. Muscle & Strength India also plans to extend its reach to international markets such as Nepal, Bhutan, Sri Lanka, Bangladesh, and Myanmar in the near future.
Currently, Muscle & Strength India operates 25 stores across multiple cities in the country, providing an extensive range of over 1,000 fitness supplements and nutrition products from more than 42 brands. These products are aimed at enhancing athletic performance, fitness, and overall wellness. As part of its expansion strategy, Muscle & Strength India will also partner with various gyms nationwide and introduce additional products soon.
“At Muscle & Strength India, we believe everyone is deserving of good health, and we are pleased to now offer world-class supplements and advanced sports nutrition products to consumers. This next step in our growth is a testament to our hard work over the years, further enriching our diverse product offerings. We take immense pride in our association with these renowned brands and our partnership with them will enable us to fulfill our mission of providing high-quality products to fitness enthusiasts. We hope to see many other partnerships come to fruition in the near future and are also looking forward to the continued introduction of more such products to newer markets. We are excited about the opportunity that lies ahead,” said Praveen Chirania, Founder, Muscle and Strength India.
“The driving factor of the dietary supplements market is the increasing health consciousness and proactive health mindset amongst the consumers. However, it is important to make the distinction between genuine and fake supplements and hence one should buy them from genuine dealers of reputed brands. In a short span of time, Muscle & Strength India has already made its mark with its authentic and genuine products. Going forward, the company aims to further launch products in various variants, focusing on different health and wellness categories and segments. We now anticipate great business opportunities for growth with this new partnership and making a meaningful difference to improve the quality of life,” Praveen added further.
Founded in 2018 by Praveen Chirania, Muscle & Strength India has become a leading brand in the supplements space, endorsed by renowned celebrities and athletes. The company offers a comprehensive range of genuine, high-quality fitness supplements and nutritional products across categories such as proteins, vitamins, minerals, and herbal supplements, all manufactured by international fitness brands under one roof.
Rupa and Co is strengthening its retail presence in India by aligning with Gen Z preferences through trend-focused collections, sustainability initiatives, and digital engagement strategies. The company is integrating vibrant colors, unique prints, and modern styles into its offerings while ensuring affordability without compromising on sustainability.
To appeal to environmentally conscious consumers, Rupa and Co emphasizes eco-friendly products. The company is also leveraging technology, utilizing digital platforms and social media collaborations to engage with younger audiences effectively.
Recent product introductions designed for Gen Z include:
The company is also expanding its brand visibility through ambassador partnerships, targeting different audience segments to enhance customer engagement. Rupa and Co continues to rely on physical retail while growing its online presence. The company operates 29 Exclusive Brand Outlets (EBOs) across India, along with shop-in-shop formats and supermarket partnerships. Its distribution network spans the country, with a focus on strengthening omnichannel engagement through e-marketplaces, quick commerce platforms, and direct-to-consumer channels.
To enhance its omnichannel strategy, Rupa and Co is implementing:
The company remains confident that these initiatives align with evolving consumer preferences, particularly among Gen Z and millennials, and aims to expand its market share by strengthening both digital and physical retail operations in India.
NONSTOP, a multi-brand mobility and rehabilitation store chain, has expanded its retail footprint in India with the launch of its second store in Coimbatore. This follows the success of its flagship store in Mumbai and marks another step toward improving access to assistive technology for senior citizens, individuals with disabilities, and those requiring rehabilitation support.
The store’s inauguration was attended by Dr. Uma Maheswari Yuvaraja, Joint Managing Director of Ananya’s Nana Nani Homes, and Dr. Tamilarasu from PSG Hospitals’ Cardiology Department. Their discussions highlighted the importance of mobility solutions in enhancing independence and quality of life.
Iftekhar Ahmed, CEO of NONSTOP said, “Our vision is to build a future where mobility challenges no longer define limitations. NONSTOP is not just a store; it’s a movement towards empowering individuals with the best global brands and cutting-edge mobility solutions. With this expansion, we are one step closer to creating a nationwide network of accessibility-focused stores.”
The Coimbatore store offers a range of mobility and rehabilitation products, including wheelchairs, walking aids, electric mobility devices, orthopedic support systems, and post-surgical rehabilitation tools. Visitors at the launch event had the opportunity to interact with medical professionals and explore the curated selection of assistive solutions.
With expansion plans underway, NONSTOP aims to strengthen its retail presence across India, ensuring wider accessibility to mobility and rehabilitation products for individuals seeking greater independence.
The Appliances business of Godrej and Boyce, part of the Godrej Enterprises Group, has expanded its research capabilities with the launch of its Food and Microbiology Lab. This initiative reinforces the company’s focus on retail and consumer-driven innovation in India, enabling a scientific approach to food behavior, preservation techniques, and hygiene to improve appliance design for Indian households.
The lab is equipped to analyze multiple scientific parameters, including pH levels, ripening stages, humidity control, and microbial activity, alongside consumer-focused factors like taste, texture, and appearance. Managed by a team of food scientists and microbiologists, with oversight from the Head of Innovation for the Appliances Business, the facility is dedicated to developing solutions aligned with evolving dietary and health preferences.
The lab currently supports product categories such as refrigerators and microwave ovens, with plans to expand into microbiology-based research for air-conditioning, refrigeration, and cleaning appliances like washing machines.
Kamal Nandi, Business Head and Executive Vice President at Appliances Business, Godrej Enterprises Group said, “Our new Food and Microbiology Lab is a testament to our consumer-centric approach, driving innovations that solve real problems and unlock value for consumers. By prioritizing tangible benefits like food preservation, indoor air quality, and more, we design appliances that thoughtfully make a difference in our consumers’ daily lives.”
Burzin Wadia, Head of Research and Development at Appliances Business, Godrej Enterprises Group added, “We launched our Food and Microbiology Lab to analyze how food, air, and fabric interact with our appliances. From monitoring food freshness parameters to air and cloth quality, this facility will allow us to engineer appliances that deliver tangible benefits to our consumers. Our focus remains on creating solutions that seamlessly integrate into our consumers’ lives.”
Located within Godrej’s R&D center in Pirangut, Pune, the Food and Microbiology Lab is part of a Rs 100 crore facility that includes NABL-accredited in-house labs and advanced infrastructure. This setup enhances the company’s ability to accelerate product development and introduce innovative appliances tailored to consumer needs in India.
Swiggy Instamart, India’s quick commerce platform, has collaborated with Apparel Group to introduce global footwear brand Crocs for instant delivery. This marks the first time Crocs shoes will be available on a quick commerce platform in India, offering consumers in Mumbai, Bangalore, Delhi, and Gurgaon the option to receive their preferred styles, such as the Classic Clog and Classic Sandal, within 10 minutes.
Amitesh Jha, CEO of Swiggy Instamart said, “At Swiggy Instamart, we’re constantly seeking new ways to bring customers the products they love, faster than ever, across all categories. We’re excited to introduce a globally recognized brand like Crocs to quick commerce, further strengthening Swiggy Instamart’s focus on fashion and lifestyle offerings. With Holi and the summer break just around the corner, it’s the perfect time to provide customers with a seamless shopping experience for all their footwear needs.”
Adrian Holloway, Senior Vice President and General Manager, ROW, at Crocs added, “At Crocs, we are always exploring innovative ways to engage with our consumers and enhance accessibility to our iconic footwear. We’re thrilled that through Apparel Group’s partnership with Swiggy Instamart, shoppers in Mumbai, Bangalore, Delhi, and Gurgaon will be able to get Crocs’ most popular and iconic silhouettes like the Classic Clog and Classic Sandal within minutes.”
Abhishek Bajpai, CEO, Apparel Group India noted, "We are excited to partner with Swiggy Instamart to offer quick delivery to our customers, marking our brand’s first-ever foray into quick commerce. With the quick commerce industry booming in India, we are confident that this partnership will enable us to serve our customers faster and more efficiently.”
Starting March 2025, select Crocs shoes will be available for immediate delivery across Mumbai, Bangalore, Delhi, and Gurgaon, with plans to expand availability in the coming weeks. Swiggy Instamart continues to strengthen its presence in lifestyle and fashion retail, adapting to evolving consumer preferences in the quick commerce space.
KOMOS, a high-end tequila brand, has entered the Gurgaon market as part of its expansion strategy in India’s retail and hospitality sectors. The brand, recognized for blending Mexican tequila-making traditions with European winemaking techniques, aims to cater to the city’s growing demand for premium spirits. Following its success in Delhi and Goa, KOMOS plans to further extend its presence across India.
KOMOS offers four expressions—Añejo Cristalino, Reposado Rosa, Añejo Reserva, and Extra Añejo—each aged in French oak barrels and bottled in handcrafted ceramic decanters. KOMOS Extra Añejo holds the distinction of being the only tequila to receive a perfect 100-point score from The Tasting Panel Magazine.
The Gurgaon launch event took place at Lair, bringing together key figures from the city’s hospitality and retail industry. Guests experienced an exclusive tasting session featuring KOMOS Reposado Rosa, Añejo Cristalino, and Añejo Reserva.
Prasan Chawla, Founder of Chason Beverages said, “Bringing KOMOS to India has been an incredible journey. We wanted to introduce a tequila that truly embodies sophistication and luxury, and the response so far has been outstanding. With Gurgaon being a hub for fine spirits and discerning consumers, we are confident that KOMOS will establish itself as a benchmark for ultra-premium tequila in the Indian market.”
Ankur Chawla, Brand Manager of KOMOS added, “As India’s appetite for premium spirits continues to rise, we are thrilled to bring KOMOS to Gurgaon, a city that appreciates the art of fine drinking. With our success in Delhi and Goa, expanding to Gurgaon was a natural step. This is just the beginning of our journey to make KOMOS the most sought-after luxury tequila across India.”
Gurmeet from GD Alcobev, KOMOS’s distribution partner asserted, “We are extremely excited to partner with KOMOS. It is truly a one-of-a-kind tequila that represents luxury and craftsmanship like no other. The response in Delhi and Goa has been phenomenal, and we look forward to an even greater reception in Gurgaon.”
KOMOS aims to strengthen its position in India’s retail and hospitality market through curated experiences and private tasting events, catering to the country’s growing segment of premium spirit consumers.
Crossword Bookstores, one of India's largest bookstore chains, is expanding its presence across key cities, reinforcing its role in the country's retail and literary landscape. With 120 stores across 40 cities, the company has reported a revenue of Rs 275 crore, reflecting significant growth over the past year. As part of its expansion strategy, Crossword aims to reach Rs 400 crore in revenue in the next financial year, driven by a projected growth rate of over 30 percent. The company plans to expand its presence in both metropolitan and Tier II cities.
By the end of 2025, Crossword expects to increase its store count to over 150. Recent store openings in Jamshedpur mark the beginning of this expansion, with upcoming locations planned in Delhi, Chennai, Siliguri, and Hyderabad. The response from Tier II and Tier III cities has been strong, highlighting continued demand for physical bookstores in India.
Over the years, Crossword has hosted several well-known authors, including Yuval Noah Harari, Ruskin Bond, David Walliams, Amish Tripathi, Twinkle Khanna, Sudha Murty, Devdutt Pattanaik, and Durjoy Datta. The company has also revived the Crossword Book Awards, reaffirming its commitment to literature and storytelling.
"Crossword is steadily expanding across India, with a strong emphasis on strategic growth, innovation, and creating community-driven experiences that place books at the heart of India’s cultural fabric. Our vision is to open 300 stores over the next five years, making Crossword an accessible destination for everyone, anywhere in the country," said Aakash Gupta, CEO, Crossword Bookstores.
As Crossword strengthens its presence in India's retail sector, the company is also exploring opportunities beyond national borders. With a long-standing legacy and a focus on expansion, the bookstore chain is set to reach a wider audience while maintaining its role in the country’s reading culture.
DRRK Foods is set to conclude the fiscal year with 25 percent growth, surpassing the industry average CAGR of 15 percent. The company’s expansion and diversification strategies have strengthened its position in India's retail sector and international markets. With exports accounting for 80 percent of its business, DRRK Foods has expanded its global footprint to over 59 countries, including Europe, America, Africa, and Canada.
To support its growth, DRRK Foods has expanded its export team and is finalizing distributor agreements across multiple regions. Additionally, the company has invested Rs 20 crore in a new facility near Mundra Port to enhance production capacity and improve logistics efficiency.
“As we are on the verge of ending this milestone year, our strategic expansions, both globally and domestically, are ensuring sustained growth while enhancing brand presence. On the domestic front, we have made remarkable strides in both bulk and consumer pack segments, expanding into key states like Uttar Pradesh and Maharashtra while strengthening our distribution network. Our products are now available across leading quick commerce platforms, including Big Basket, Swiggy, Blinkit, and Zepto, with a full-scale launch on Amazon expected soon,” said Vikram Marwaha, Joint Managing Director, DRRK Foods.
The company’s revenue has grown from Rs 521.16 crore in 2020 to Rs 858.33 crore in 2023, reflecting its focus on operational efficiency and market expansion. With ongoing investments and strategic initiatives, DRRK Foods continues to strengthen its presence in India’s retail industry while expanding its global reach.
Wow! Momo, a leading quick-service restaurant (QSR) brand in India, has expanded its retail presence by entering the fast-moving consumer goods (FMCG) segment with Wow! Noodles. This new range of cup noodles features a mix of Indian and Asian flavors, catering to the growing demand for convenient meal options.
The product lineup includes flavors such as Thukpa, Khao Suey, Manchurian, Korean, and Chinese Bhel, designed to offer an instant restaurant-style experience in five minutes. Wow! Noodles is now available across various retail channels, including quick commerce platforms like Instamart, Zepto, Blinkit, BigBasket, Flipkart Minutes, and D Mart Ready. It is also present in modern trade stores such as Reliance, More Retail, Spencer’s, Spar, and Ratnadeep. Additionally, the brand has expanded its reach to over 10,000 general trade stores in more than 200 towns and cities.
The brand has also introduced Wow! Noodles in the inflight menus of Akasa Air, Air India Express, and SpiceJet. The product has received a positive response from travelers, further expanding its consumer base. To strengthen engagement, Wow! Noodles has focused on in-store activations, product sampling, and strategic placements in modern trade outlets.
Sagar Daryani, Group CEO and Founder, Wow! Momo said, “At Wow! Momo Foods, innovation is in our DNA. With Wow! Noodles, we are disrupting the cup noodles category by bringing the perfect blend of desi and Asian flavors in a format that is both convenient and exciting. As we continue to expand our FMCG footprint, this launch marks a significant step towards making Wow! Momo a household name beyond QSR.”
Mithun Appaiah, CEO, Wow! FMCG added, “We are leveraging the strong brand equity of Wow! Momo to make Wow! Noodles a household favourite. With our focus on product innovation and strategic channel expansion, we are confident about an exciting year ahead—bringing new flavors, scaling our distribution reach, and disrupting the FMCG space.”
Wow! FMCG, launched about 24 months ago with packaged momos, has expanded to 16 SKUs in the momo category and now offers nine SKUs of cup noodles. The division has grown rapidly, reaching over 200 towns and cities with a presence in more than 10,000 stores. Wow! FMCG has achieved an annual recurring revenue (ARR) of Rs 60 crore within a short period. Recently, the brand expanded internationally by launching its product range in the Middle East in partnership with Lulu Group.
Marks and Spencer (M&S) India has expanded its retail presence with a new store in Faridabad, strengthening its footprint in the Indian market. The store opening marks the close of FY 2024-25 for the British retailer. According to a social media update, the store saw strong customer turnout on its opening day.
“Thrilled to end FY 24-25 on a high note! Our new store in Faridabad was flooded with customers eager to experience what we have to offer. All our efforts in communicating the store launch led to this moment of truth—seeing a sea of customers waiting outside, ready to step in as soon as we opened,” said Shikhar Srivastava, Brand Manager at M&S India, in a LinkedIn post.
M&S entered the Indian market in 2001 and later formed a joint venture with Reliance Retail in 2008 under Marks and Spencer Reliance India Private Limited.
With the latest store opening, M&S now operates more than 107 stores across 33 cities in India, as per the company’s official website. According to its LinkedIn page, the retailer has over 1,900 employees supporting its online and offline operations.
Headquartered in Paddington, London, M&S was established in 1884 by Michael Marks and Thomas Spencer in Leeds. As of 2023, the company operates more than 1,064 stores in the UK and over 452 stores globally, according to Statista. Across its worldwide operations, M&S employs over 66,000 people, with a majority being women.
Haier Appliances India is setting ambitious targets to achieve USD 2 billion in sales within the next three to four years, driven by strong double-digit growth. This growth will be fueled by product category expansion and increased market penetration.
To support this expansion, the home appliances manufacturer has allocated over Rs. 1,000 crore between 2024 and 2028 for setting up new air-conditioner production and injection molding units. This investment follows the Rs. 2,400 crore already infused into its Pune and Greater Noida plants.
With the establishment of the new plant, Haier India’s production capacity will rise from 1.5 million units to 4 million units annually, significantly enhancing domestic value addition.
“Currently we have a capacity of 1.5 million. However, the way the AC market is growing here, by 2027 we will have a shortage in capacity. … The new plant will be 2.5 million units,” stated NS Satish, President, Haier Appliances India.
The company is also considering setting up a manufacturing facility in South India, with investment details to be announced soon. While specifics were not disclosed, Satish indicated that the investment would be comparable in scale and capacity to the Noida Industrial Park facility.
In 2024, Haier reported a 36 percent increase in revenue, reaching approximately Rs. 8,900 crore and surpassing the USD 1 billion sales milestone. For the current year, the company anticipates revenue exceeding Rs. 11,500 crore.
“And subsequent to that, every year, we are looking around Rs 2,000 to 2,500 crore plus. So we have big plans. And we see a big opportunity in India. When you see the economy GDP, which is doing very well, next is the penetration of the product, which is very low when we compare it to our global counterparts,” Satish further added.
When asked about the timeline for achieving USD 2 billion in sales, Satish responded, “In the next three to four years, definitely. We are already a USD 1 billion company. I think in the next three to four years, we will definitely surpass USD 2 billion.”
Haier sees significant potential in product categories such as air-conditioners, refrigerators, washing machines, TV panels, and commercial freezers, given the lower market penetration in India compared to other nations. India is currently the fourth-largest market for the China-based Haier Group Corporation. However, Satish envisions India securing a place among Haier’s top three markets globally within the next four to five years, contributing USD 2 billion in revenue. At present, China, North America, and a combined Russia-Europe market lead Haier Group’s global sales.
“India has two sides of the story. One is looking for more and more premium products, and the ones who are looking for a value for money product. That’s where we manufacture even a single-door refrigerator. And also, recently, we have introduced the four-door, the most premium refrigerators in India, even the air conditioner. So we see opportunity on both sides, in the entry as well as in the premium segment also,” explained Satish.
Despite this balanced approach, Haier’s primary growth in the past year has been driven by the premium category. Various affordability-enhancing schemes, such as easy EMI options, have contributed to this trend.
When asked if Haier plans to introduce its global brands in India’s growing premium market, Satish clarified, “We still have a huge scope for developing Haier products at this point. We will continue to invest in building the Haier brand and expanding our product portfolio. At this point, we have not thought about bringing in any global brands.”
Haier Group’s portfolio includes well-known brands such as Haier, Casarte, Leader, GE Appliances, Fisher & Paykel, AQUA, and Candy.
Swiss premium coffee brand Nespresso has made its official entry into the Indian retail market with the launch of its first boutique at Nexus Select Citywalk in Saket, Delhi. This expansion marks a significant step in the brand’s strategy to tap into India’s growing premium coffee market, with further retail growth planned in the coming years, as shared in a social media announcement.
“Nespresso expands into India with Delhi flagship. Swiss coffee specialist targets growing premium market with first Indian boutique at Nexus Select Citywalk at Saket. A Vision, a Journey and a Partnership. Thankful to get this opportunity to work on India’s first Nespresso Boutique, I remember seeing the boutique on George Street, Sydney over a decade back and making a wish to bring and work on this brand for their India Entry and here we are,” said Sakshi Goel, Associate Executive Director, CBRE.
Nespresso has been sourcing high-quality green coffee from India since 2011, incorporating Indian coffee into nearly one in five of its global blends. The brand works directly with approximately 2,000 coffee farmers in Karnataka, ensuring that premium-quality beans are used in its signature capsules.
Currently, Nespresso imports its coffee capsules from Switzerland, with a pack of 10 capsules priced at Rs. 950 and a pack of 50 available for Rs. 4,750. The company is also closely assessing tariffs and pricing strategies, particularly in light of the recently signed free trade agreement between India and the European Free Trade Association (EFTA), of which Switzerland is a member.
With India's coffee culture evolving rapidly and premium coffee gaining popularity, Nespresso’s retail entry comes at a strategic time, appealing to an audience that seeks high-quality, barista-style coffee at home. The company’s expansion into India reflects its long-term vision to cater to a growing base of coffee aficionados, further strengthening its presence in the global market.
PepsiCo has set an ambitious target to double its revenue in India within the next five years, identifying the country as a crucial growth market. The company is making significant investments to expand its capacity and strengthen its presence in India, according to Jagrut Kotecha, CEO of PepsiCo India & South Asia.
India plays a key role in PepsiCo’s global revenue strategy, ranking among the company’s top three markets for food, snacks, and beverages. PepsiCo has already established greenfield plants in Uttar Pradesh and Assam to keep up with growing demand. The company plans to continue investing heavily and is set to open two more facilities, including one in southern India.
“We believe India will be the engine of growth for PepsiCo to drive the top line. Yes, it’s not as big as North America because it is a lot more evolved category. Our per capita consumption in India is still very low, not only for us on beverage and food, but we would expect one of PepsiCo’s fastest growing economies to do that,” stated Kotecha, CEO, PepsiCo India.
The company considers India to be one of its 13 to 15 key anchor markets for global expansion, citing the country’s economic stability and growth potential. Kotecha emphasized that PepsiCo aligns with India’s vision for economic development by 2030, describing it as one of the most stable economies with strong growth fundamentals.
“It’s one of the most stable economies, growth engine, etc, and hence, PepsiCo also has been in this country for almost 30 years, good, strong, fundamentals. So, we need to double that, dial that up and start investing. We have been investing, but continue to aggressively invest to ensure that we also take that opportunity,” added Kotecha.
PepsiCo recently reported robust double-digit organic revenue growth in India, with increased market share in both the savory snacks and beverage segments. While Kotecha did not disclose a specific timeline for achieving the USD 2 billion revenue milestone, he reiterated the company’s aspiration to reach that figure.
In 2023, PepsiCo reported revenue of approximately Rs 5,950 crore for a nine-month period due to a financial year transition. When extrapolated to a full year, the revenue would be around Rs 8,200 crore. Its bottling partner, Varun Beverages, which accounts for 90 percent of PepsiCo India’s beverage sales volume, reported standalone revenue of Rs 12,778.96 crore in 2023.
Over the past three years, PepsiCo has invested close to Rs 3,500-4,000 crore in India, reinforcing its long-term commitment to the market. Its bottling partner, Varun Beverages Ltd (VBL), has also been making significant investments, operating 41 plants and expanding capacity by 25 percent this year.
Regarding market competition, Kotecha welcomed the entry of new players like Reliance’s Campa Cola, which has disrupted the market with aggressive pricing and distributor margins.
In 2023, approximately 80 percent of PepsiCo India’s revenue came from its food division, with the remaining 20 percent from beverages. The Indian beverage market, valued at around USD 12 billion, is currently growing at a compound annual growth rate (CAGR) of 10-11 percent.
With strong financial growth, ongoing market expansion, and continued investments, PepsiCo remains dedicated to strengthening its position in India and capitalizing on the country’s economic potential.
Davaindia, one of India’s leading generic medicine retail chains, has unveiled its strategic plans to widen its reach across Kerala, ensuring healthcare remains both accessible and affordable. The company currently operates over 50 stores in major metropolitan cities such as Cochin, Trivandrum, and Thrissur. With a strong commitment to serving both urban centers and underserved rural areas, Davaindia is poised for significant expansion.
Driven by its mission to provide high-quality generic medicines at a fraction of the cost of branded alternatives, Davaindia aims to reduce financial burdens on families while making healthcare a fundamental right for all.
“Our journey in Kerala has been inspiring, and the overwhelming trust placed in us by our customers motivates us to reach every corner of the state. Our vision is to build a healthier Kerala by making safe, effective, and affordable medicines accessible to all, while fostering greater awareness about the benefits of generic medicines,” shared Sujit Paul, Group CEO of Zota Healthcare.
To further its impact, Davaindia is integrating local healthcare providers, community health centers, and educational institutions into its initiatives. The company aims to expand its presence in Tier II cities and rural areas while spearheading awareness campaigns on preventive healthcare, the advantages of generic medicines, and responsible self-consumption practices.
Davaindia’s expansion efforts are not just about increasing the number of retail outlets but also about reinforcing the importance of affordable healthcare at a grassroots level. By working closely with healthcare professionals and leveraging digital tools, the company aims to reach a wider audience and create a lasting impact on the healthcare landscape in Kerala.
A part of the Zota Healthcare Group, Davaindia stands as one of India’s largest and most trusted generic medicine retail chain, serving millions with high-quality and affordable healthcare solutions. The brand remains dedicated to customer health, education, and sustainable development, reinforcing its role as a pioneer in the healthcare sector.
Mondelez India, through its decade-long CSR initiative Shubh Aarambh, has significantly enhanced primary healthcare services by supporting 200 Health & Wellness Centres (HWCs) across Solan (Himachal Pradesh), Bhind (Madhya Pradesh), Tirupati (Andhra Pradesh), and Pune (Maharashtra). Aligning with the Government of India’s Ayushman Arogya Mandir (AAM) initiative, Mondelez India has presented a landmark impact report to government authorities, highlighting the program’s success in strengthening healthcare accessibility and quality at the grassroots level.
The initiative has led to a 58 percent increase in patient footfall across the supported HWCs. It has also played a crucial role in identifying 11,618 high-risk pregnancies, ensuring they receive specialized medical attention, while over 7,800 children under the age of five have been referred for advanced treatment. In addition, 160 Jan Arogya Samitis have been equipped with the necessary tools to enhance community-driven healthcare monitoring, fostering greater participation in healthcare management at the local level.
As part of its commitment to strengthening healthcare services, the initiative has ensured that 96 percent of Sub-Health Centres (SHCs) provide antenatal care, while 84 percent of HWCs now offer postnatal care. Routine immunization services are now available at 97 percent of the centres, and 87 percent cater to adolescent health needs, further expanding access to essential medical care. The program has also contributed to a 12 percent increase in pregnancy registrations, reflecting its growing impact on maternal health.
Ophira Bhatia, VP, CGA Lead (India & AMEA), Mondelez India said, “For over a decade, we have been focused on strengthening communities and improving livelihoods. As part of this commitment, we identified healthcare as a key area - ensuring quality medical services. We worked closely with local health authorities to improve accessibility, affordability, and service quality at the grassroots level by strengthening the government-led Health & Wellness Centre (HWCs) ecosystem. We have been able to cover over 800 villages effectively. The insights from this initiative will serve as a model for expanding primary healthcare services nationwide and highlighting the importance of preventive and community-led healthcare solutions.”
Over 800 healthcare workers have been trained to incorporate gender-sensitive and socially inclusive approaches into healthcare services. The initiative has also introduced Iron Sucrose Intravenous administration for anemia management, targeted interventions for high-risk pregnancies, and customized health communication materials to improve healthcare awareness and education in rural communities.
Libas, one of India’s leading fashion brands, is revolutionizing convenience in ethnic fashion by launching on Myntra’s M-Now, a rapid delivery service that enables customers to receive their orders in just 30 minutes. This initiative marks a significant step in Libas’ commitment to offering a seamless shopping experience, catering to the evolving needs of modern consumers.
As part of the initial rollout, 150 specially curated styles of Libas’ best-selling kurta sets are now available through Myntra M-Now, ensuring fashion enthusiasts can shop for elegant Indian wear on demand. The launch begins in Bengaluru, one of India’s fastest-growing fashion hubs, providing instant access to stylish and versatile ethnic outfits without long delivery wait times.
Sidhant Keshwani, Founder & CEO, Libas shared, “Libas has shared a strong and enduring partnership with Myntra for over a decade, growing together as a leading force in the ethnic wear segment. Expanding this association through Myntra’s M-Now reflects our commitment to evolving with consumer needs and enhancing accessibility. At Libas, innovation drives our approach, and this collaboration marks a significant step in redefining how customers experience fashion—seamless, and effortlessly integrated into their lifestyles. Strengthening our relationship with Myntra, this initiative reinforces our shared vision of delivering unparalleled convenience without compromising on style and quality.”
Sharon Pais, Chief Business Officer, Myntra said, “At Myntra, we are constantly innovating to redefine the fashion shopping experience by merging convenience, speed, and style. With Libas now being available on M-Now, we are further empowering our customers to access Indian wear starting 30 minutes. This renewed association reflects our shared vision with Libas to deliver an unparalleled experience to millions of customers, enabling them to eliminate trade-offs between fashion and speed.”
This collaboration is part of Libas’ broader strategy to enhance its omnichannel presence and adapt to evolving consumer shopping habits. By integrating faster delivery options through key retail partners, the brand is focused on delivering a more efficient and enjoyable shopping experience while solidifying its leadership in India’s fashion industry.
Myntra’s M-Now, a first-of-its-kind expedited delivery service, is currently operational in Bengaluru and offers a wide range of fashion, beauty, accessories, and home products from premium and luxury brands. The platform aims to bridge the gap between online shopping and instant fashion gratification, with plans to expand its product range to over one lakh styles in the near future.
Locks and Architectural Solutions, a business unit of the Godrej Enterprises Group, continues to solidify its reputation as one of India’s most trusted and preferred locks brands, driven by cutting-edge innovation and an expanding digital product portfolio.
With evolving safety requirements, digital locks have emerged as a key growth driver, now accounting for 10 percent of the company’s business. This segment has witnessed an impressive 45 percent year-on-year growth, fueled by increasing adoption among younger consumers who seek smart, connected, and design-led safety solutions. Additionally, the company’s e-commerce sales have doubled, underscoring its expanding presence in online and quick commerce channels.
"Today’s consumers prioritize accessibility and convenience, making e-commerce and quick commerce integral to our growth strategy. Our e-commerce business has doubled year-on-year, highlighting the demand for seamless and innovative security solutions. "To meet evolving consumer needs, we are expanding our portfolio, strengthening key touchpoints, and driving greater awareness around smart safety solutions,” shared Shyam Motwani, Business Head, Locks & Architectural Solutions, Godrej Enterprises Group.
The announcement comes alongside the much-anticipated fourth edition of the Godrej Value Co-Creators Club (GVCC) Awards, also known as The GeeVees. This prestigious platform has witnessed remarkable growth, attracting over 2,100 architects and receiving 4,000+ submissions. The 2025 GeeVees Awards, celebrating excellence in design, innovation, and sustainability, already took place in Goa on March 8, 2025, featuring an exclusive roundtable discussion with industry leaders.
Looking ahead, Godrej Enterprises Group is targeting Rs. 2,500 crore in revenue by 2028, driven by sustained investments in R&D, innovation, and advanced manufacturing. The company remains deeply committed to the Make in India initiative, leveraging favorable government policies, including the introduction of BIS standards in locks, to further reinforce its leadership in the home safety segment.
Pantaloons, one of the leading fashion retailers under Aditya Birla Fashion and Retail Ltd., has launched its newly transformed store at Vasundhara Mall, Patna. Spanning 27,000 sq. ft., the upgraded store boasts a contemporary layout, curated aisles, striking displays, and a refreshed design, offering an elevated shopping experience to fashion enthusiasts.
This transformation marks the first Pantaloons store in Patna to undergo such a revamp as part of the brand’s nationwide initiative to modernize select outlets. The redesigned space allows shoppers to explore the latest fashion trends effortlessly, with an extensive range of accessories, cosmetics, and fragrances, making it a one-stop destination for all styling needs.
Sangeeta Tanwani, Chief Executive Officer, Pantaloons and Style Up said, “We are excited to introduce an enhanced shopping experience for our customers in Patna. This grand re-opening reflects our commitment to delivering elevated and stylish fashion to our consumers that is inspiring and engaging. Our vision for Pantaloons is to be a styling destination for the city's fashion-forward audience.”
To generate buzz ahead of the launch, Pantaloons conducted an engaging citywide teaser campaign, featuring mannequin installations at key locations across Patna. This innovative initiative piqued curiosity among locals and heightened anticipation for the store’s grand reopening.
With over 27 years of experience in the fashion industry, Pantaloons continues to redefine retail experiences by seamlessly blending style and convenience.
The revamped Pantaloons store at Vasundhara Mall is now open, just in time for Holi celebrations, inviting shoppers to explore the latest fashion trends and enjoy an upgraded shopping experience.
Pantaloons, a part of Aditya Birla Fashion and Retail Ltd., is a dynamic and youthful fashion destination with 417 stores across 195+ cities and towns. Embracing fashion as a form of self-expression, Pantaloons offers a diverse range of styles catering to various occasions and preferences. Designed for the modern, confident, and expressive millennial, the brand delivers an engaging shopping experience both in-store and online. With a vibrant and playful approach to fashion, Pantaloons aims to inspire customers to embrace their personal style and look their fashionable best.
Omaxe Group has unveiled New Singapore, an expansive new phase at World Street by Omaxe in Faridabad. Developed by M/s Omaxe World Street Pvt. Ltd., a wholly owned subsidiary of Omaxe Ltd., this Rs. 600 crore project is set to revolutionize urban retail, hospitality, and entertainment, offering a high-street experience on a global scale.
Since its launch in 2010, World Street by Omaxe has grown into North India’s largest mixed-use development, covering 120 acres. Currently, 27 acres are operational, featuring 250+ leading brands and drawing a daily footfall of 15,000-20,000 visitors, which exceeds 1 lakh during festive periods.
New Singapore, a RERA-registered commercial colony, spans 11.59 acres and introduces 1.5 million sq. ft. of premium retail space. Designed with a contemporary urban aesthetic inspired by Singapore, it features expansive plazas, landscaped pathways, green spaces, and thoughtfully designed public areas to create an engaging shopping and lifestyle experience. To ensure seamless access, the development also includes a 1,000+ car parking facility for visitors.
An exciting addition to New Singapore is Clarkee, a 1.9125-acre nightlife district and a RERA-registered commercial colony. Designed as Faridabad’s premier nightlife hotspot, Clarkee will host 15+ nightclubs, bars, and restaurants, bringing a vibrant and dynamic social scene to the city. This nightlife hub is expected to turn New Singapore into a 24/7 entertainment and lifestyle destination.
Mohit Goel, Managing Director, Omaxe Group shared, “The New Singapore at World Street by Omaxe is a milestone in Faridabad’s commercial evolution. This expansion will bring a world-class retail and lifestyle experience that rivals top international destinations. Faridabad’s growing demand for premium commercial spaces makes this the perfect time to introduce a project of this scale and vision.”
With the launch of New Singapore, World Street by Omaxe continues to raise the bar in urban development, strengthening its reputation as North India’s most iconic shopping and entertainment hub. This new phase presents an unparalleled investment and lifestyle opportunity, shaping the future of Faridabad’s commercial landscape.
Parnika India, one of the leading names in the manufacturing and global export of exquisite women’s ethnic wear, has announced its expansion into the southern and eastern regions of India. Strengthening its presence beyond Maharashtra and Gujarat, the company is setting ambitious growth targets, aiming to achieve a revenue of Rs. 160 Crore by the end of FY 25-26.
Founded in 1984 in Surat, Parnika India was established with a deep-rooted passion for preserving and promoting India’s rich textile heritage. With a vision to create a seamless channel from manufacturing to retail, the company ensures quality and innovation at every stage, delivering premium ethnic wear to a growing market.
Currently operating on a B2B model, Parnika India is not only broadening its geographical reach but also enhancing its production capacity, which stands at over 5 lakh pieces per month. Committed to social initiatives, the company actively supports women’s empowerment by providing employment and entrepreneurial opportunities. As part of its long-term vision, Parnika India is working towards achieving a workforce comprising at least 50 percent female employees.
"Parnika India is expanding its network and production capacity. We are extending our operations to the eastern and southern parts of India and adding new product lines, including uniforms and men’s wear, alongside our women's ethnic wear. We are committed to maintaining high-quality standards and are strengthening our leadership team to support our aggressive growth plans," said Vishal Pacheriwal, Managing Director, Parnika India.
To facilitate its expansion, Parnika India has invested in a robust logistics and supply chain management system. Partnering with reliable logistics providers and leveraging advanced inventory and distribution technologies, the company ensures smooth operations across multiple locations. This strategic approach enables efficient order management, warehousing, and timely delivery, reinforcing its strong domestic and international presence.
Parnika India has consistently achieved an annual growth rate of 15-20 percent, driven by increasing demand for its high-quality fabrics and collections. The company remains dedicated to revolutionizing the textile shopping experience for the middle class by making fashion both affordable and enjoyable. Additionally, its commitment to women’s empowerment remains steadfast, with over 2,000 female resellers already benefiting from its initiatives. Looking ahead, Parnika India aims to expand this network to 10,000 women entrepreneurs, further solidifying its role as a catalyst for economic and social change in the textile industry.
Retail and jewellery company Augmont has entered the lab-grown diamond (LGD) market in India with the launch of Akoirah. Leveraging its established presence in the gold industry, the company aims to address the growing demand for ethical and sustainable diamonds.
Lab-grown diamonds are gaining traction as an alternative to mined diamonds, with the global market projected to reach $1.2 billion by 2033. In India, the industry lacks established players, creating an opportunity for Augmont to expand its offerings.
Ketan Kothari, Director, Augmont said, "Augmont's vision is very clear - we want to be the leading lab-grown diamond jewellery brand in India. LGD is the future for a nation like India where jewellery has many meanings - aspirations, emotions, and culture. The penetration of mined diamond jewelry in India is less than 5 percent whereas 95 percent of consumers want to own diamonds. Mined diamonds have given negative returns and hence they are not an investment for Indian consumers, who are the smartest when it comes to value investments. Large jewellery chains are in a dilemma to enter this space because of the fact that they have been selling mined diamond jewelry for years and it will be a hard sell for the consumers. Other brands that have entered the space are largely start-ups which have to build trust and credibility which takes years. Augmont's foray into jewellery could not be better timed. Customers trust us for the transparency, innovation, and the fact that we always offer buyback for all our gold products and now LGD jewelry too!"
Augmont plans to introduce Akoirah with a focus on pricing, design, and trust. "The math is simple - whatever money that you save in terms of the difference between mined diamonds and LGDs, invest the same in gold. The appreciation in gold prices will more than make up for the investments in LGD even if for argument's sake, LGD prices don't increase! Added to that, you get better designs and quality. We are bringing the same commitment to purity, value, and excellence that has defined Augmont’s gold legacy into the world of fine diamond jewellery," added Ketan Kothari.
Namita Kothari, Founder of Akoirah added, "Akoirah is all about making Love-Grown Diamonds attainable for all. We believe that fine jewellery should be both aspirational and accessible. Through innovative craftsmanship, and unbeatable gold rates, we are crafting jewellery that is not just beautiful, but meaningful."
Augmont aims to integrate its expertise in gold pricing, purity, and recycling into the LGD segment. Akoirah will feature 100 percent recycled gold and responsibly sourced lab-grown diamonds, ensuring sustainability without compromising on quality. The company also plans to use advanced technology to provide certified, high-quality diamonds at competitive prices. Additionally, customers will be offered a 100 percent exchange and buyback value.
The expansion strategy includes an omni-channel approach, leveraging Augmont’s existing digital gold consumer base. With prices starting at Rs 5,000, Akoirah aims to cater to a broad audience. The company plans to establish 100 stores across India, providing both online and offline retail access.
Through Akoirah, Augmont is positioning itself as a key player in the evolving jewellery market, aligning with the increasing demand for ethical and sustainable diamond options in India.
Vivienne Westwood is set to present its first-ever fashion show in India, showcasing a collection at Mumbai’s Gateway of India. The event highlights India’s textile heritage, featuring hand-woven silks and Khadi cottons, which hold historical and cultural significance in the country’s retail and fashion sectors.
The collection will display couture pieces crafted from natural Indian fabrics, including Khadi, a hand-spun textile associated with Mahatma Gandhi’s movement for self-sufficiency. The initiative is in collaboration with the Department of Textiles, Government of Maharashtra, and Vivz Fashion School Pvt. Ltd. The fabrics, sourced from various regions of India, are provided by Khadi India and Aaranya/Gwalior (Madhya Pradesh). Indian artisans have employed traditional and sustainable techniques to create these textiles.
Khadi, derived from the term "Khaddar," is known for its handmade, coarse texture and its adaptability to different climates. Spun using a charkha (Indian spinning wheel), it played a crucial role in India’s independence movement, symbolizing self-reliance and economic empowerment.
Vivienne Westwood has consistently emphasized craftsmanship and heritage, integrating artisanal fabrics into its designs. The brand’s engagement with heritage production supports skilled artisans and promotes environmentally sustainable fabric-making practices.
The fashion show will take place at Mumbai’s historic Gateway of India, a landmark associated with India’s independence. The venue, a cultural hub for locals and tourists, aligns with the event’s theme of celebrating traditional craftsmanship within India’s evolving retail and fashion landscape.
Quick commerce platform Kiranapro has announced that B S Nagesh, Chairman of Shoppers Stop, has joined the company as an investor and strategic advisor. His appointment comes as Kiranapro continues to expand its presence across India, strengthening its mission to digitize local Kirana stores and enhance their business potential.
"We are thrilled to have B S Nagesh joining Kiranapro as an investor and strategic advisor. Nagesh's proven track record in driving innovation and customer-centric solutions will be instrumental as we embark on this exciting journey together. With his guidance, we are not just aiming for progress, we are setting the stage for a future where customer satisfaction and business growth go hand in hand,” shared Deepak Ravindran, Co-founder and CEO, Kiranapro.
Currently, Kiranapro operates across Delhi NCR, Kerala, and Bengaluru and has recently expanded its services to Hyderabad. The company is focused on empowering Kirana store owners by helping them digitize operations, boost sales, and scale their businesses.
In a strategic move to strengthen its brand presence, Kiranapro also recently onboarded Olympian P V Sindhu as an investor and brand ambassador, the company announced on LinkedIn. Positioned as "India's neighborhood shopping app," Kiranapro specializes in ultra-fast deliveries, fulfilling orders within 10 to 20 minutes in select locations.
The quick commerce sector in India has been witnessing rapid growth, with increasing consumer demand for ultra-fast deliveries of groceries and daily essentials. Kiranapro positions itself as a game-changer for small retailers, helping them navigate this evolving landscape and compete with larger e-commerce players.
With its growing network and high-profile industry leaders backing its vision, Kiranapro is poised to play a transformative role in the quick commerce landscape across India.
Abercrombie & Fitch (ANF.N) has joined a growing list of U.S. retailers cautioning about weaker annual sales growth, citing softening demand for its flagship brand as the transition into spring unfolds. The announcement led to a 14 percent drop in its shares.
The apparel retailer warned that profit margins would be under pressure due to higher freight costs and increased promotional activities early in the year to clear surplus inventory. Additionally, the company highlighted a $5 million impact from U.S. tariffs, adding another challenge to its financial outlook.
CEO Fran Horowitz addressed the shift in consumer spending patterns during a post-earnings call, stating that spring demand had returned to a "more normalized" pace this year. She noted a decline in sales for the A&F brand, mirroring Target’s (TGT.N) concerns over weak apparel sales in February.
William Blair, analyst, Dylan Carden weighed in on the earnings report, expressing concern over the company's performance, saying, "The initial print does not sow confidence." He further cautioned that while A&F brand sales had grown by 2 percent during the holiday quarter, they could be on a downward trajectory, potentially jeopardizing Abercrombie's full-year targets.
Abercrombie & Fitch has projected annual net sales growth between 3 percent and 5 percent, falling short of market expectations, which had anticipated a 6.77 percent increase, according to LSEG data.
Across the retail industry, major players like Walmart (WMT.N) and Home Depot (HD.N) have set their annual targets conservatively, as persistent inflation pressures American consumers to cut back on discretionary spending, including apparel, home furnishings, and electronics. Adding to the uncertainty is the potential economic fallout from tariffs on imported goods, a policy concern that continues to weigh on shoppers' confidence.
For fiscal 2025, Abercrombie expects an operating margin between 14 percent and 15 percent, factoring in the impact of tariffs on imports from China, Canada, and Mexico. This marks a slight dip from the 15 percent margin recorded in the previous fiscal year. The company sources 5 percent to 6 percent of its merchandise from China, while its exposure to Mexican imports remains "immaterial," according to executives.
Abercrombie's 2023 annual report reveals that the company imports 34 percent of its products from Vietnam, with Cambodia and India among its top sourcing regions.
Despite the cautious outlook, holiday quarter results surpassed expectations. The company reported $1.58 billion in net sales, driven by a 16 percent sales increase in its teen-focused Hollister brand. Adjusted earnings per share stood at $3.57, slightly exceeding analyst estimates of $3.54. For the full year, Abercrombie projects earnings between $10.40 and $11.40 per share, marginally above market forecasts.
Britannia Industries Ltd., one of India’s leading food companies, has announced the resignation of its Chief Executive Officer and Executive Director, Rajneet Singh Kohli. Kohli has decided to step down from his role to explore a new professional opportunity outside the company.
As per the company’s regulatory filing on March 5, 2025, Kohli submitted his resignation, and the Board of Directors has accepted it. He will be officially relieved from his responsibilities at the close of business hours on March 14, 2025.
"Mr. Rajneet Singh Kohli has decided to resign from the services of the company to pursue an external opportunity. We thank him for the contribution during his tenure as the CEO and member of the Britannia board, and wish him the best in his future endeavors," Varun Berry, Executive Vice-Chairman and Managing Director of Britannia Industries said.
Kohli joined Britannia in September 2022 and has been instrumental in driving strategic initiatives, strengthening the company’s position in the highly competitive food and bakery segment. Under his leadership, Britannia focused on expanding its product portfolio, enhancing distribution networks, and reinforcing its market presence across various categories. His tenure also saw efforts toward digital transformation and innovation in the brand’s offerings.
Before joining Britannia, Kohli held senior leadership roles at Jubilant Foodworks, where he played a crucial role in the growth of popular fast-food chains such as Domino’s, Popeyes, and Dunkin’. His extensive experience in the consumer goods and retail sector also includes stints at Asian Paints and Coca-Cola Co., where he contributed significantly to brand strategy and market expansion.
While Britannia has not yet announced Kohli’s successor, the company is expected to make further announcements regarding leadership transitions in the coming weeks. Kohli’s departure marks a significant change for the company as it continues to navigate a dynamic and evolving market landscape.
PNG Jewellers with a legacy spanning 193 years, has achieved another significant milestone with the grand inauguration of its newest store in Chinchwad, Maharashtra. The launch event was graced by Bollywood star Madhuri Dixit, alongside Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, Executive Director Parag Gadgil, and esteemed members of the PNG family. This expansion is a testament to the brand’s commitment to making its exquisite jewellery more accessible across Maharashtra.
The spacious 6,000 sq. ft. store features an extensive collection of gold, diamond, silver, and platinum jewellery, catering to both traditional and contemporary tastes. To commemorate the opening, PNG Jewellers is offering special launch promotions, including up to 20 percent off on gold jewellery making charges and up to 100 percent off on diamond jewellery making charges.
Saurabh Gadgil, Chairman & Managing Director, PNG Jewellers said, “We are delighted to bring PNG Jewellers closer to our customers in Chinchwad. This store is a reflection of our commitment to quality, trust, and innovation. We look forward to serving the people of this vibrant city with our heritage designs and exceptional craftsmanship.”
Madhuri Dixit expressed, “I am glad to be associated with PNG Jewellers, a brand that nurtures Indian culture and stays true to its roots while expanding its purview in India and globally. Jewellery is not just an ornament; it is a reflection of emotions, traditions, and celebrations. PNG Jewellers has always been synonymous with trust and excellent craftsmanship, and I am delighted to inaugurate this beautiful store in Chinchwad.”
Chinchwad, a culturally rich and rapidly developing locality, has long been a center for Maharashtrian heritage, industry, and tradition. PNG Jewellers has played a pivotal role in preserving and modernizing these traditional designs over generations. With this new store, the brand continues its expansion journey, further strengthening its presence in India and globally. The Chinchwad store offers an immersive shopping experience, showcasing hallmark-certified jewellery, expert craftsmanship, and exclusive bridal collections.
Reliance Retail, led by Mukesh Ambani, is reassessing its business strategy following a decline in valuation, as reported by Bloomberg. The company, a key player in India's retail sector, was recently valued at $50 billion by analysts, significantly lower than the $125 billion valuation it sought during fundraising two years ago. Ambani acknowledged to investors that the retail business expanded rapidly across various store formats and locations, leading to operational challenges.
To address these concerns, Mukesh Ambani and Isha Ambani are implementing cost-cutting measures, including slowing the expansion of new stores, reducing marketing budgets, and integrating Reliance Brands Ltd. into the broader retail business. The company is also reassessing global brand partnerships. Additionally, any hiring for high-salary positions now requires approval from the chairman’s office.
According to Bloomberg, Reliance Retail laid off 38,000 employees in 2024 and reduced marketing expenditures on its online platform, Ajio. Since October, hiring employees with annual salaries above $22,890 requires direct approval from Ambani’s office. Further, adding staff to stores beyond the approved plan now needs clearance from Managing Director V Subramaniam, a shift from earlier practices where lower-level managers made these decisions.
The company’s latest measures aim to assure investors that Reliance Retail is taking steps to improve financial efficiency. Several brokerage firms, including Kotak Institutional Equities and Sanford C. Bernstein, revised their valuations downward last year, prompting the company to focus on restructuring efforts.
Ambit Capital Pvt. analysts recently valued Reliance Retail at $50 billion, reflecting a sharp decline from its earlier valuation of $125 billion. The company remains focused on stabilizing operations as it moves toward a planned initial public offering.
Uber has introduced its Uber Pet service in Delhi and Mumbai, expanding the offering that was first launched in Bengaluru last year. With this expansion, Uber Pet is now available in three cities across India, providing more convenience for pet owners who want to travel with their pets. The service aligns with the growing demand for pet-friendly transportation in the country’s urban retail and mobility sector.
Uber Pet will be available both as an on-demand service and through the Reserve option, allowing users to book rides instantly or in advance. The on-demand feature aims to make pet-friendly travel more accessible for users who need flexible transportation options.
As part of this launch, Uber has partnered with pet care brand Heads Up for Tails (HUFT) to offer special discounts on Uber Pet rides for customers traveling to HUFT stores and spas in Delhi, Mumbai, and Bengaluru. Additionally, pet owners presenting their Uber Pet receipt at HUFT stores will receive exclusive deals on pet care products and services.
Shweta Mantri, Head of Rider Verticals, Uber India and South Asia stated, “We’re excited to bring Uber Pet to Delhi and Mumbai, offering even more flexibility for pet owners to travel with their furry friends. After listening to the feedback from pet parents, we’re now offering the option to book Uber Pet on-demand, making travel with your pets easier than ever. Our collaboration with Heads Up for Tails ensures that pet parents have an even more enjoyable experience, with great perks at HUFT stores. Together, we’re making travel with pets not just easier, but more fun too!”
Rashi Sanon Narang, Founder of Heads Up for Tails added, “At Heads Up For Tails, we’ve always believed that pets are family, and every pet parent deserves a seamless, joyful experience when stepping out with their furry family. We’re delighted to join forces with Uber Pet to bring pet-friendly travel to new heights in Delhi, Mumbai, and Bengaluru. Our partnership is all about enhancing the pet parent experience—from seamless rides with Uber Pet to exclusive in-store perks that make every journey more rewarding. Together, we're committed to making every adventure with your pets safe, fun, and effortless!”
Uber Pet allows pet owners to travel with their dogs, cats, and other pets, whether for a vet visit, a trip to a pet-friendly location, or a routine outing. Since the service launched, Uber has been expanding its pet-friendly mobility options, and with this collaboration, pet owners in India can now access more benefits while traveling with their pets.
Texvalley, a key business and shopping destination in the Kongu Region, is preparing for the launch of Value Mall, a large-scale retail and entertainment hub. The mall, which has reached the fit-out possession stage, is set to open in June 2025. Strategically located to cater to cities including Erode, Salem, Tiruppur, Namakkal, Karur, Dharmapuri, Krishnagiri, and the Nilgiris, the development aims to address the region’s demand for a modern shopping center.
Value Mall will feature a mix of national and international brands across retail, food, and entertainment. The facility includes a 15,000 sq. ft. triple-height family entertainment center, a 500+ seater food court, a 25,000 sq. ft. hypermarket, and a 25,000 sq. ft. multi-branded outlet. Additionally, it will house a 1,500+ seater multiplex featuring EPIQ technology, offering an advanced cinematic experience.
With retail spaces filling up, brands looking to expand in South India have an opportunity to establish a presence in the upcoming development. Beyond Squarefeet, a mall advisory and management firm, is handling the marketing and leasing for the project.
Ekart has partnered with IKEA to handle last-mile deliveries for the home furnishings retailer in India, facilitating order fulfillment for purchases made through IKEA’s website. This collaboration will enhance retail logistics across North India, ensuring efficient doorstep delivery of IKEA’s extensive catalogue of over 7,000 products, including furniture, home décor, and household essentials.
Ekart’s logistics network will enable IKEA to fulfill most customer orders within 24 hours, supporting operational efficiency. The company maintains a 99 percent+ success rate in pre-paid shipments, ensuring reliable order fulfillment at scale.
Deliveries will be executed through IKEA India’s newly launched fulfillment hub in Delhi-NCR, integrating real-time tracking for better visibility. Ekart will also deploy electric vehicles as part of the partnership, aligning with IKEA’s sustainability initiatives.
“This partnership is a testament to Ekart’s ability to offer enterprise-grade supply chain solutions to large retail brands. IKEA’s vision is to create a better everyday life for many people, and Ekart is proud to be an enabler in this mission. For us, it has been about shared values of transparency and sustainability in the supply chain with an uncompromising commitment to customer delight and reliability,” said Mani Bhushan, Chief Business Officer, Ekart.
Ekart supports logistics operations for over 400 retail brands, offering last-mile delivery, part-truckload (PTL), full-truckload (FTL), warehousing, and additional services like Open Box Delivery and product refurbishing.
In a major move to strengthen its position in the poultry and animal nutrition industry, Indian Poultry Alliance (IPA), a subsidiary of the Allana Group, has acquired Kwality Animal Feeds Pvt. Ltd. for Rs. 300 crore. Additionally, IPA has committed Rs. 200 crore towards expansion, reinforcing its vision for growth and consolidation within the Indian poultry sector.
Founded in 1983, Kwality Animal Feeds has established itself as a leading player in the industry, known for its high-quality animal feed, live chicken, and processed poultry products. With a fully integrated business model—including feed mills, soya processing, breeding farms, hatcheries, broiler integration, and value-added poultry solutions—the company holds a strong presence in West and South India. The acquisition will help IPA leverage Kwality’s partnerships with major food service providers and quick-service restaurants (QSRs), enhancing supply chain efficiencies and expanding its market footprint.
Moiz Chunawalla, Managing Director, Indian Poultry Alliance (Allana Group) stated, “This acquisition further strengthens our poultry value chain, enhancing efficiency, sustainability, and market reach. Leveraging our deep expertise and world-class infrastructure, we are investing in advanced technologies, automation, and precision breeding to drive productivity while minimizing environmental impact. Our commitment to responsible waste management and ethical sourcing will set new industry benchmarks, delivering lasting value to both partners and consumers. As part of its expansion strategy, IPA will invest Rs 2000 crores over the next three years to scale up to 7 manufacturing units, integrate advanced technology, and strengthen cold chain logistics and distribution networks. This investment will also fuel our expansion into key metropolitan markets and strengthen our export strategy, with three more acquisitions planned this year.”
Sanjeev Despande and Ajit Lokur, Director and Managing Director & Co-Founder, Kwality Animal Feeds Pvt. Ltd., commented, “When we founded Kwality Animal Feeds 42 years ago, our vision was to provide top-tier poultry nutrition and solutions. Joining IPA ensures that vision continues to flourish with enhanced resources and expertise. We are excited about the new growth opportunities this collaboration will bring.”
With rising consumer demand for high-protein diets and value-added poultry products, this acquisition marks a significant step in IPA’s expansion plans. The integration process will commence immediately, ensuring a seamless transition for employees, customers, and business partners.
Adani Wilmar Limited (AWL) has announced the acquisition of GD Foods, a leading player in the sauces and pickles segment, and the owner of the well-known “Tops” brand. This acquisition aligns with AWL’s strategy to expand its portfolio with value-added and high-margin food products, further strengthening its position in the Indian packaged foods industry.
With a legacy of over 40 years, Tops has earned a strong reputation in North India, offering a diverse range of high-quality food products. The brand’s portfolio includes tomato ketchup, snack sauces, specialty and culinary sauces, jams, pickles, noodles, instant mixes, corn and choco flakes, as well as essential cooking ingredients such as vinegar, baking powder, cake mix, and corn flour.
The acquisition brings together AWL’s robust infrastructure and the Fortune brand’s strong market presence, built over the past 25 years, with Wilmar’s extensive expertise in the food industry. This strategic move positions AWL to tap into the growing demand for packaged food products, reinforcing its commitment to serving Indian households.
The transaction was successfully executed under the guidance of AWL’s senior leadership, including Angshu Mallick, Shrikant Kanhere, and Saumin Sheth. The AWL deal team, comprising Pulkit Mittal, Pankaj Goyal, Jubin Mehta, Darshil Lakhia, and Usha Khurana, played a crucial role in bringing the deal to fruition.
Several advisory firms supported the acquisition process. KPMG Corporate Finance acted as AWL’s exclusive financial advisor, PwC provided due diligence advisory services, and Cyril Amarchand Mangaldas (CAM) served as AWL’s legal counsel and due diligence advisor.
This acquisition marks another step in AWL’s journey toward becoming a dominant player in the packaged foods segment, strengthening its commitment to meeting the evolving needs of Indian consumers.
Hafele, one of the well-known names in interior solutions, has unveiled its second Licht Experience Centre in India, following the successful launch in Chandigarh. Located at Uniko Lights, Plot No. 74, Scheme No. 54 PU4, Behind C21 Mall, Indore, this new centre is designed to offer an immersive experience, showcasing state-of-the-art lighting solutions that cater to architects, interior designers, lighting consultants, electrical contractors, and consumers. True to its name—“Licht,” which means “light” in German—the centre serves as a dynamic space featuring interactive installations and innovative product displays that set new standards in interior aesthetics and functionality.
The Licht Experience Centre was inaugurated by Manish Mahajan, Sales Director – Hafele South Asia, and Manish Kumat, Principal Designer – Manish Kumat Design Cell. It features an extensive selection of Architectural and Furniture Lighting solutions, designed to enhance both ambiance and functionality in interior spaces.
Hafele’s Licht Experience Centre in Indore integrates advanced lighting technology with modern design. The Loox Range, created specifically for furniture lighting, offers flexibility, reliability, and ease of use, seamlessly adapting to various applications—from task and decorative lighting to ambient and functional illumination. In a pioneering move, Hafele’s Furniture Lighting Solutions come with a 10-year guarantee, an industry-first in India, underscoring the company’s confidence in product quality and durability.
Manish Mahajan, Sales Director, Hafele South Asia said, "In Indore, we see an emerging market that is increasingly embracing modern design and innovative interior solutions. We are excited to bring our Licht Experience Centre to this vibrant city, as we believe it will not only elevate the local design landscape but also serve as a hub for creative inspiration and transformation."
Following the success of its Chandigarh centre, Hafele’s new Licht Experience Centre in Indore further strengthens its commitment to delivering cutting-edge interior solutions across India. The centre is complemented by specialized services, including Meister Services, which ensures precise installations for enhanced functionality and longevity. Additionally, Lighting Design Services provide tailor-made lighting solutions, while the Hafele Academy offers ongoing training programs to maintain excellence in service standards.
With a strong focus on quality, innovation, and customer engagement, Hafele continues to push boundaries in the interior solutions industry, bringing world-class lighting experiences to Indian consumers.
Celebrating 50 years in the fashion industry, Double Bull, India’s one of the renowned men’s fashion brands known for introducing bold and vibrant party wear in the 90s, has officially announced its return to the Indian retail market with ambitious expansion plans. The brand has set a target of Rs.100 Crore in revenue by FY31, rolling out a strategic roadmap to strengthen its presence and cater to the evolving fashion needs of young Indian men.
As part of its expansion strategy, Double Bull plans to increase its footprint in Multi-Brand Outlets (MBOs) and launch over 50 Exclusive Brand Outlets (EBOs) across urban and rural markets in 14 states by the end of this year. In addition to physical retail, the brand is also entering the Direct-to-Consumer (D2C) space with the launch of an exclusive e-commerce platform by year-end. To drive this growth, significant leadership appointments have been made, reinforcing the brand’s commitment to innovation and nationwide expansion.
Originally launched in 1974, Double Bull became a symbol of aspiration with its bold, high-quality party-wear collection, capturing the attention of young consumers. Now, with a renewed vision, the brand aims to bridge the gap between premium fashion and affordability, ensuring that high-end fashion is accessible to all. As part of this relaunch, Double Bull is bringing back its iconic party wear shirts, expanding its presence across 14 states through a strong network of MBOs and EBOs.
Jatin Manodra, CEO, Double Bull said, "As Double Bull marks 50 years in the Indian retail industry, we celebrate not only a significant milestone but also the resilience and dedication that have defined our journey. With new leadership steering the brand, we’ve revitalized our vision and established a clear growth strategy. From a current turnover of 35 Crores, our goal is to reach 100 Crores by FY2031. By blending our rich heritage with innovative strategies, Double Bull is set to reclaim its position as the go-to brand for party wear and beyond. We are also committed to offering premium-quality apparel with bold, innovative designs that empower fearless self-expression, all at an affordable cost. This is a unique offering currently missing in the Indian retail market, and Double Bull aims to bridge that gap. This is not just a celebration of our past; it's the beginning of an exciting, iconic future."
Looking beyond its signature party-wear collection, Double Bull is expanding its product portfolio to meet the dynamic preferences of today’s consumers. The brand plans to introduce a new range of stylish and comfortable apparel, catering to multiple occasions while maintaining a focus on fashion-forward designs. Additionally, the company is investing in innovative fabric technologies to enhance durability and sustainability, ensuring that high-quality fashion remains accessible and affordable.
Paras Dairy (VRS Foods Limited), one of India’s leading dairy brands, has unveiled its premium cheese brand, Galacia, at the prestigious AAHAR 2025 exhibition. This launch signifies a major milestone in the Indian dairy industry, reinforcing the company’s commitment to innovation, quality, and evolving consumer demands. Produced at Paras Dairy’s state-of-the-art facility in Maharashtra, Galacia Cheese is made using high-quality milk sourced from carefully selected farms. Its rich texture, creamy consistency, and exceptional taste make it a versatile choice, catering to both home consumers and food service professionals.
With a legacy of over 60 years, Paras Dairy has been at the forefront of the dairy sector, setting industry benchmarks and empowering farmers while delivering premium-quality products. The brand has invested over Rs. 100 crore into this latest venture, aiming to provide Indian consumers with international-standard cheese while fulfilling the growing demand for premium dairy products. The introduction of Galacia Cheese reaffirms the company’s dedication to maintaining excellence in dairy production and bringing world-class standards to Indian kitchens.
Rajendra Singh, Managing Director, Paras Dairy (VRS Foods Limited), added, "Galacia Cheese is a significant step towards enhancing the consumer experience. Its superior texture and taste make it perfect for a variety of culinary creations."
Galacia Cheese will be available across North, West, and South India, with an initial launch in key cities such as Delhi-NCR, Lucknow, Chandigarh, Mumbai, Bengaluru, Chennai, and Hyderabad. Paras Dairy has established itself as a trusted name in the Indian dairy sector by partnering with over 300,000 farmers across 7,000 villages, ensuring the highest standards in dairy production. Expanding its footprint beyond India, Paras Dairy exports its products to more than 45 countries, bringing the richness of Indian dairy to global markets.
With the launch of Galacia Cheese, Paras Dairy is set to redefine the cheese segment in India, offering a premium product that blends tradition, innovation, and world-class quality to meet the expectations of modern consumers.
Following its successful debut in Mumbai, the renowned Chinese indoor entertainment brand, Pokiddo Junior, is set for a significant expansion in India. Prasuk Jain Hospitality Private Limited, the parent company of Snow World Entertainment, has announced a substantial investment of Rs. 40 crores to drive this growth, underscoring its commitment to providing world-class indoor play experiences. As part of this expansion, five new centers will be launched in key cities, including Delhi, Bengaluru, and a second location in Mumbai, catering to the rising demand for premium family entertainment.
India’s indoor amusement sector is experiencing remarkable growth, with over 6.6 million square feet of operational play spaces spanning 500 locations across 83 cities. By 2028, the industry is projected to expand to 11 million square feet, reflecting a growing appetite for innovative, experience-driven entertainment. Pokiddo Junior is at the forefront of this transformation, integrating play and learning within immersive environments.
"At Pokiddo Junior, we believe that play is an essential part of a child's growth and development. With India's indoor amusement industry on a rapid growth trajectory, we see an incredible opportunity to set new benchmarks in experiential entertainment. Our expansion is not just about adding more locations, it’s about creating immersive spaces where families can connect, kids can explore, and the industry as a whole can evolve. We’re excited to bring Pokiddo’s world-class experiences to more cities and contribute to the growing demand for innovative indoor entertainment in India," said Prasuk Jain, Managing Director of Prasuk Jain Hospitality Private Limited
Pokiddo Junior’s expansion strategy is focused on high-footfall metro areas, selecting locations that offer accessibility, convenience, and a vibrant atmosphere for families. The brand aims to replicate the success of its Mumbai venue by upholding high standards of quality, safety, and engagement in every new location.
The Mumbai center, situated in Raghuvanshi Mills, has quickly become a favorite destination for both parents and children. Featuring state-of-the-art play zones, kids’ karting tracks, trampoline arenas, ball pits, and immersive arcade games, Pokiddo Junior provides an engaging and enriching environment for children aged nine and below. Unique themed spaces such as the Princess Room, Supermarket Room, and Farmland encourage role-playing and imaginative play, transforming entertainment into a meaningful learning experience. The brand is further expanding its current footprint by adding 3,000 square feet to its existing location, introducing India’s first kids' salon, a VR Zone, a Sky Simulator, a Carnival, and a café.
Technogym, one of the most preferred Italian fitness and wellness brands, has officially entered the Indian market, marking a significant milestone in its global expansion. Founded in 1983 by Nerio Alessandri in his family garage, Technogym has evolved into a world leader in fitness equipment, recognized for its cutting-edge technology, exceptional craftsmanship, and unparalleled quality. The brand is the preferred choice of elite athletes, world-class fitness centres, and wellness enthusiasts worldwide.
With a relentless commitment to innovation and design excellence, Technogym has received prestigious accolades such as the iF Design Award, Good Design Award, and Red Dot Design Award, celebrating its ability to seamlessly blend visionary aesthetics with superior functionality. As the trusted partner of leading football and Formula 1 teams, Technogym continues to enhance athletic performance through tailored training solutions. Further solidifying its industry leadership, Technogym has served as the Official Supplier for nine Olympic Games, including the upcoming Paris 2024 Olympics and Paralympics.
Technogym’s product lineup extends beyond conventional fitness equipment, enhancing training, recovery, and overall well-being. With over four decades of expertise in human movement, the brand develops equipment that optimizes muscle activation while preserving biomechanics for safety and efficiency. Among its standout innovations is the Technogym Run, a high-performance, ultra-silent treadmill designed for multisurface training, seamlessly combining running and strength workouts. The Technogym Bench provides a versatile fitness experience, complete with an extensive library of training content. Meanwhile, the Technogym Ride, developed in collaboration with cycling champions, features a 22-inch immersive screen and compatibility with leading training apps, offering a professional-grade cycling experience.
With this strategic expansion, Technogym introduces a new era in fitness for India—one that fuses design excellence, technological innovation, and a deep understanding of human movement. Whether for fitness enthusiasts, professional athletes, or industry experts, Technogym invites individuals to experience the future of wellness. Through its legacy of innovation and dedication to redefining fitness, Technogym is set to inspire a healthier, more active India—one breakthrough at a time.
Gemini Edibles and Fats India Ltd., one of India’s leading sunflower oil companies with a 21.7 percent all-India market share (Freedom & Be-Rite), has entered the spices market through a strategic joint venture with Coimbatore-based Sree Annapoorna Foods, a pioneer in spice processing. The newly formed entity, GEF Foods India Pvt Ltd, will manufacture and distribute a diverse range of masalas, meal mixes, and other spice-based products across India.
Sree Annapoorna Foods has long been recognized for capturing the authentic flavors of regional cuisine, bringing home-cooked richness and traditional techniques to consumers. Its product line includes pure spices, regional blends, blended spices, and specialty biryani masalas.
Akshay Chowdhry, Group Vice President, Gemini Edibles and Fats India Ltd said, “We are thrilled to join hands with Sree Annapoorna Foods and launch GEF foods India Pvt Ltd. Both our organisations follow the highest standards of professionalism and wish to give customers a multi-sensory experience of cooking and eating, while also relishing our rich culinary culture.”
As part of its diversification strategy, Gemini Edibles and Fats India Ltd. is leveraging this joint venture to establish a strong presence in the spices industry.
Chandra Shekhara Reddy, Senior Vice President – Sales and Marketing, Gemini Edibles and Fats India Ltd said, “Sree Annapoorna Foods is an iconic brand and with a whole range of masalas catering to different tastes of the consumers. With an experience of 50 years, Annapoorna masalas and spices carry a rich legacy. This joint venture will benefit from the deep market knowledge and distribution network of GEF India and help Annapoorna masalas grow its presence.”
“We are elated to partner with GEF India to deliver healthy and tasty masalas to consumers. As the pioneer in the spices industry, we will continue to deliver the best. Backed by GEF India’s strong distribution network, Annapoorna masalas would soon be available across India. With growing culinary culture, increased health awareness and rise of e-commerce platforms, the demand for organic and premium spices is rising. Brand Annapoorna has always been synonymous with quality, and we wish to build further on that by emphasizing quality sourcing and eco-friendly packaging initiatives,” shared Vijay Prasad, Managing Partner of Sree Annapoorna Foods and CEO of GEF Food India Pvt Ltd.
With this strategic alliance, GEF Foods India Pvt Ltd is set to strengthen its presence in the spices industry, combining the expertise and distribution strengths of both companies to deliver high-quality masalas and spice blends to consumers nationwide.
Bharat Value Fund (BVF) has invested Rs. 130 crore in Veira Electronics Private Limited, one of the leading Indian manufacturers specializing in consumer electronics. This investment marks the successful closure of Veira’s pre-IPO placement round, further strengthening its market position.
Founded in 1975, Veira Group operates two cutting-edge manufacturing facilities in Noida, Uttar Pradesh, with the capability to produce up to 3 million televisions annually for both domestic and international markets. These facilities are equipped with advanced technologies, including vacuum-controlled, zero-dust clean rooms, automated optical inspection (AOI) machines, and robotic production lines, ensuring high-quality standards and efficient operations.
Veira boasts an impressive production rate, claiming to manufacture one LED TV every five seconds with its current setup. Its extensive television portfolio supports multiple operating systems, including Tizen, WebOS, Google, and Coolita, covering a diverse range of models such as HD, FHD, 4K, LED, OLED, and QLED. This versatility makes Veira a one-stop solution for brands looking to enter the Indian market.
Ankit Mani, Managing Director, Veira Eletronics said, “Veira Group aims to lead the field of design manufacturing by offering customers superior quality products at competitive prices through continuous technological innovations. We are a complete end-to-end solution provider for brands entering the Indian market, with a dependable team offering R&D, sourcing, design, manufacturing, assembly, final testing, and reverse logistics services. By combining our market expertise with BVF’s robust financial backing, we are well-positioned to maximize shareholder value and drive sustainable growth. This collaboration sets the stage for creating long-term economic value, ensuring a prosperous future for all stakeholders.”
"The company’s financial performance has been impressive, with sales growing at a 55 percent CAGR between FY22-24, reaching Rs. 865 crore in FY24. India's smart TV manufacturing industry, valued at USD 11.53 billion in 2023, is projected to reach USD 32.57 billion by 2030, growing at a CAGR of 17 percent. Key growth drivers include rising disposable incomes, increased internet penetration, and the growing adoption of OTT streaming services," shared Madhu Lunawat, CIO of Bharat Value Fund.
With this fresh investment, Veira Electronics is poised for continued expansion, leveraging its expertise and cutting-edge manufacturing capabilities to solidify its leadership in India’s rapidly growing smart TV market.
KAZO, one of the most preferred fashion brands celebrated for its trend-driven designs and contemporary elegance, is taking a bold step into the world of fragrances with the launch of its first-ever Signature Perfume Collection under KAZO DETAILS. Having already established itself with statement accessories like handbags and jewelry, this new expansion reinforces the brand’s vision of empowering women through fashion and self-expression. By introducing a carefully curated range of luxury perfumes, KAZO DETAILS blends sophistication with accessibility, offering scents that cater to diverse moods and occasions.
The collection features four distinct Eau De Parfum variants, each designed to embody a unique personality and appeal to different sensibilities. KAZO LOUVRE is a rich oriental woody fragrance, masterfully blending orange blossom, jasmine, vanilla, and musk to evoke timeless sophistication. KAZO EMPIRE exudes warmth and depth with its floral-oriental composition, seamlessly intertwining fruity, spicy, and woody notes for an elegant and musky embrace. For those seeking a refreshing yet refined aroma, KAZO SHARD offers a hesperidic-aromatic fusion of citrus, amber, and floral undertones, creating an invigorating and elegant presence. Lastly, KAZO COLOSSEUM captures the essence of modern femininity with its floral-fruity notes, merging bergamot, blackcurrant, and lily of the valley with a musky, mossy base for a lasting impression.
Deepak Aggarwal, Founder & Managing Director, KAZO shared, "At KAZO, fashion has always been more than just clothing— it’s about self-expression, confidence, and a lifestyle that reflects individuality. With KAZO DETAILS, we expanded this vision by curating accessories that complete every look. Now, with our foray into fragrances, we take this journey forward, transforming KAZO into a true lifestyle brand. Perfume is the most personal and powerful accessory—it creates presence, evokes emotions, and defines identity. The Signature Perfume Collection is our next step in empowering women with a scent that embodies sophistication, elegance, and modern femininity.”
As the fragrance industry continues to grow, perfumes have become an essential part of personal style, acting as a powerful extension of one’s personality. Designed to be premium yet accessible, the KAZO DETAILS Eau De Parfums are priced at Rs. 1,990 each, offering long-lasting, intense fragrances that feel as exquisite as they smell. The sleek, minimalist, and travel-friendly packaging enhances the appeal of the collection, making it a seamless addition to any fashion-forward woman’s daily essentials. Targeting young professionals, trendsetters, and style-conscious individuals, the collection is crafted for those who seek a signature scent that complements their confidence and personality, whether for daily wear or special occasions.
With this launch, KAZO DETAILS continues to redefine everyday luxury, seamlessly blending fashion and fragrance to create a holistic style experience. As the brand expands its offerings, it remains committed to curating products that empower women to express themselves boldly, making every moment an opportunity to leave a lasting impression.
Radico Khaitan is aiming for Rs 500 crore in sales from its luxury alcoholic beverage brands in the next fiscal year, driven by the ongoing premiumization trend in India's retail sector. The company’s high-end portfolio includes Rampur Indian Single Malt and Jaisalmer Indian Craft Gin, among others, Managing Director Abhishek Khaitan said.
The company expects an 8-9 percent increase in volume and a 12-15 percent rise in value growth. “This year has been a good year for us, and hopefully next year should be much better,” Khaitan said. For the next fiscal year, he anticipates the Prestige and Above (PNA) category to grow by over 15 percent, contributing to overall double-digit growth.
Radico Khaitan’s luxury brands include Rampur Indian Single Malt, Jaisalmer Indian Craft Gin, Sangam World Malt, and Spirit of Victory 1999 Pure Malt. “For the first time in Q3 (December quarter), we achieved a turnover of Rs 100 crore (from premium), and for the nine months of FY24, we have achieved Rs 250 crore. We are very confident that for FY26, Radico Khaitan should achieve Rs 500 crore of turnover, just for the luxury segment,” Khaitan stated.
To expand in the premium alcobev segment, the company plans to introduce two new brands in the first half of the next fiscal year. “So in the first half, we are planning to come out with two more brands in the luxury space. So we have been working for the last couple of years on that, and hopefully in the first half, we will see their entry into the Indian markets,” he said.
Radico Khaitan, which also owns other premium PNA brands like Royal Ranthambore, Dazzle Vodka, and Morpheus Blue, is experiencing high double-digit growth and expects this momentum to continue.
The company is also benefiting from rising per capita income and a young demographic, with India adding 20 million people to the legal drinking age bracket annually.
Addressing the government’s decision to reduce import duties on bourbon whiskey to 50 percent, Khaitan said it would have minimal impact on the local market. “That would not have so much pressure on the local companies,” he said. However, regarding the UK-India Free Trade Agreement (FTA), he suggested a gradual reduction of the current 150 percent duty on Scotch whisky to allow Indian brands to strengthen their presence in the premium segment.
“Our single malts are now outperforming the foreign single malts also, it is priced higher,” Khaitan said, adding that duty cuts on bulk whisky imports from Scotland would help reduce costs for Indian liquor companies, including Radico Khaitan.
The company is also maintaining a strong presence in the Defense Ministry’s Canteen Stores Department (CSD), where it is a leading supplier of branded IMFL to the armed forces. “We are the market leaders there (at CSD). We would be having a close to 26 to 27 percent, and we feel the demand for Indian products is very high. People are proud to consume the Indian brand,” he said.
Radico Khaitan competes in the premium and single malt segments with brands like Piccadilly Distilleries, Amrut, and Paul John.
In FY24, the company reported gross revenue of Rs 15,483.9 crore, selling 45.6 million cases, with the PNA category accounting for 11.26 million cases. The Prestige and Above segment grew 20.3 percent year-on-year in volume terms. “In Radico, we are very clear that our focus is on the PNA category, however, we are also present in the mass category, where our contributions are good. We achieved a 15 percent volume growth in Q3,” Khaitan said.
For the December quarter, the company reported a 27 percent increase in consolidated net profit to Rs 95.48 crore and an 8 percent rise in revenue from operations to Rs 4,440.90 crore. The Prestige and Above brands saw a 17.7 percent increase in volume, reaching 3.67 million cases and accounting for 50.9 percent of IMFL volumes.
The company expects growth in the IMFL segment due to new liquor retail policies in states like Uttar Pradesh and Andhra Pradesh, which have led to an increase in retail outlets.
Regarding capital expenditure, Khaitan said the company has already invested Rs 750 crore to establish a greenfield distillery in Sitapur and is expanding capacity at its Rampur distillery. “So we are done with our Capex… there will be normal maintenance capex going forward,” he said.
Radico Khaitan, formerly Rampur Distillery Company, also operates a distillery in Aurangabad, Maharashtra, and has a total owned capacity of 320 million liters.
India is expected to retain its position as the fastest-growing major economy, with the International Monetary Fund (IMF) projecting a GDP growth rate of 6.5 percent for 2025-26. The growth outlook is driven by strong private investment and macroeconomic stability, reinforcing India's retail and economic expansion.
According to the IMF, India's economic performance presents an opportunity to implement structural reforms that could support its ambition of becoming an advanced economy by 2047. "Real GDP is expected to grow at 6.5 percent in 2024-25 and 2025-26, supported by robust growth in private consumption on the back of sustained macroeconomic and financial stability," the IMF stated following its Article IV consultations with India.
The second advance estimate released by the Indian government also forecasts a GDP growth rate of 6.5 percent for 2024-25. The IMF report noted that "headline inflation is expected to converge to target as food price shocks wane." However, it emphasized the need for further structural reforms to enhance private investment, employment, and overall economic expansion.
The IMF highlighted that "...comprehensive structural reforms are crucial to create high-quality jobs, invigorate investment, and unleash higher potential growth. Efforts should focus on implementing labour market reforms, strengthening human capital, and supporting greater participation of women in the labour force."
Private investment and foreign direct investment (FDI) are essential for sustaining growth, with the IMF stating that achieving this would require stable policy frameworks, ease of doing business, governance reforms, and increased trade integration, including tariff and non-tariff reductions.
Despite a recent moderation, India's economic growth has remained steady, with a year-on-year GDP growth rate of 6 percent in the first half of 2024-25. Though fluctuating due to food price changes, inflation has remained within the Reserve Bank of India's tolerance band of 2 to 6 percent.
The financial sector has shown resilience, with non-performing loans at multi-year lows. Additionally, fiscal consolidation has continued, and the current account deficit has remained controlled, supported by strong growth in service exports.
With these projections, India’s economic policies and reforms will play a crucial role in maintaining growth momentum and attracting further investments in the retail and business sectors.
Patanjali Foods Ltd. is set to establish an oil palm mill in Mizoram as part of its efforts to expand operations in India's edible oil retail sector, an official confirmed.
Two senior company officials met Chief Minister Lalduhoma in Aizawl to discuss the project. The mill will be located in Liapha, Lawngtlai district, and is expected to be completed within a year, the official said.
Company representatives informed the Chief Minister that oil palm will be sourced from farmers in Serchhip, Lunglei, Lawngtlai, and Siaha districts.
During the meeting, Lalduhoma addressed the challenges faced by oil palm cultivators in the southern districts and outlined the state government's plans to expand oil palm farming.
Patanjali Foods officials stated that they will take necessary steps to support increased oil palm cultivation in the region, the official added.
Godrej Enterprises Group has introduced a new range of premium, tech-enabled home lockers, further strengthening its position in the retail and security market in India. The latest offerings integrate advanced security features with modern home aesthetics, aligning with the company’s strategy to expand its presence across consumer and institutional segments. The business is targeting 20 percent growth in FY26.
Pushkar Gokhale, Executive Vice-President and Business Head of the Security Solutions Business at Godrej Enterprises Group said, “As a preferred brand for over a century, we have continuously reinvented ourselves shaping a category that has evolved alongside Indian homes. With our latest range of home lockers, we are once again redefining security. We are eager to launch our new range of lockers that are equipped with varied unique features, robust security, and spacious design to meet the need of the consumers. We have also launched lockers that are catering to Tier ll markets to further strengthen our brand presence. We are constantly exploring new technology partnerships and investments to stay ahead of the market. We have invested significantly in the past 3 years to build a robust portfolio of advanced security products and solutions. We continue to lead the home locker category and we are aiming to achieve a market share of close to 70 percent in the category by FY2026, and these state-of-the-art products shall further strengthen our leadership in the security solutions market.”
Godrej remains the only company offering a complete suite of security solutions across households, institutions, BFSI, and large-scale infrastructure projects. The newly launched home locker range is designed to meet various consumer needs, from compact, space-saving options to high-security models. The company has prioritized R&D investments to develop advanced security solutions tailored to evolving consumer preferences.
The latest lineup includes NX Pro Slide, NX Pro Luxe, Rhino Regal, and NX Seal, featuring dual-mode access (digital and biometric), an Ibuzz alarm system, enhanced storage, and premium interiors. Additionally, Godrej has introduced the Defender Aurum Pro Royal Class E safe, a BIS-certified high-security model for jewellers, compliant with the Quality Control Order (QCO) effective June 2024. The AccuGold iEDX Series facilitates precise, non-destructive gold testing for jewelers, banks, and hallmarking centers, while the Godrej MX portable strong room modular panels offer high-security, easy transport, and setup.
Expanding into Tier ll and Tier lll cities, Godrej is enhancing its distribution, partnerships, and digital presence, alongside global expansion across 45+ countries. With a pipeline of innovative security products and strategic investments, the company continues to set benchmarks in safety and reliability.
India welcomes a revolutionary approach to hydration as LUCOFAST officially launches nationwide, offering a meticulously formulated hydration drink designed to support energy, recovery, and immunity. Now available on Amazon, Flipkart, and the official website, LUCOFAST is crafted for fitness enthusiasts, athletes, and individuals leading active lifestyles.
With rising temperatures, an increasing fitness culture, and extended work hours, hydration has evolved beyond just drinking water—it is now about enhancing performance and overall well-being. LUCOFAST addresses this growing demand with a fast-absorbing formula that replenishes essential nutrients lost due to sweat, stress, and physical exertion.
"People today want hydration that does more than quench thirst—it should replenish, energize, and support recovery,” shared Khushi Mehta, Founder, Lucofast.
Anand Mehta, Co-founder, Lucofast explained, “LUCOFAST is designed to meet these needs with a well thought and effective formula that fits seamlessly into modern, active lifestyles."
LUCOFAST is infused with five essential electrolytes that help one to stay healthy—Sodium, Potassium, Magnesium, Calcium, and Chloride—that aid hydration and muscle support. It also contains B-Vitamins such as B9, B3, B5, and B6, which play a crucial role in energy production, metabolism, and brain function. Additionally, the presence of Zinc and Vitamin C strengthens immunity and aids recovery. Unlike many other hydration drinks, LUCOFAST is free from caffeine and carbonation, ensuring a smooth and refreshing hydration experience. Made with natural flavours and sweeteners, it offers a vibrant and refreshing taste. Furthermore, permitted food-grade colourants are used to maintain consistency and enhance the drinking experience.
Now available across India, LUCOFAST is priced at Rs. 49 per 300ml bottle. Consumers can order directly from the official website or shop on Amazon and Flipkart.
With its innovative formula and commitment to performance-driven hydration, LUCOFAST aims to redefine how India stays refreshed and energized.
Honasa Consumer Limited, the parent company of brands like Mamaearth, The Derma Co., Aqualogica, and Dr. Sheth’s, has collaborated with Zepto, India’s fast-growing consumer internet platform, to launch a campaign emphasizing the importance of daily sunscreen use. The initiative highlights the retail and India market dynamics by positioning sunscreen as a year-round necessity rather than just a vacation essential.
The campaign integrates Honasa’s skincare expertise with Zepto’s instant delivery model, ensuring consumers have quick access to sunscreen whenever needed. It features products from The Derma Co., Dr. Sheth’s, Aqualogica, and Mamaearth, each offering formulations tailored to different skin needs.
A campaign film uses a thriller-style narrative, depicting a woman attempting to block sunlight from her home. The suspense builds until a friend arrives and orders Honasa’s sunscreens via Zepto, explaining their distinct benefits. The film concludes with the message: “All the sunscreens you need, now delivered in just 10 minutes through Zepto.”
Anuja Mishra, EVP and Chief Marketing Officer, Honasa Consumer Limited stated, “Sunscreens are the most essential step in any skincare routine, yet often the most overlooked. At Honasa, we are committed to educating consumers about healthy skincare habits. This partnership with Zepto allows us to make sun protection more accessible and top-of-mind for consumers. The convenience of quick delivery eliminates excuses, ensuring sunscreen is always a click away—whether someone is heading out for an impromptu meeting, a quick errand, or simply looking to restock. Our goal is to help people build habits that contribute to healthier, happier skin in the long run.”
Chandan Mendiratta, Chief Brand and Culture Officer, Zepto added, “I’ve learned from the women in my life that sunscreen isn’t just a beauty product—it’s a daily essential. With over 8k average daily searches for sunscreen on Zepto today and 2025 set to be one of the hottest summers on record, the need for instant access is greater than ever. This partnership with Honasa ensures sun protection is just 10 minutes away, making it easier than ever for users to build healthier skincare habits—effortlessly. We thank our sellers for having enabled this.”
By leveraging digital platforms and instant delivery, the partnership underscores the importance of daily sun protection while reinforcing Zepto’s role in providing quick access to skincare essentials in India’s retail landscape.
London-based technology brand Nothing has appointed its Co-founder, Akis Evangelidis, as India President. In this role, he will oversee the company's strategy and growth in India, a key market driving its expansion in the retail sector.
India has been central to Nothing’s growth, with the company emerging as the fastest-growing smartphone brand in the country in 2024, recording a 577 percent year-over-year shipment increase, according to the company and Counterpoint Q4 2024 India Smartphone Tracker. The growth was driven by demand for the Phone (2a) Series and its sub-brand, CMF by Nothing.
Akis Evangelidis stated, “India is one of the most important markets for Nothing, and we believe there is a tremendous opportunity to become a leading consumer tech brand in the country. I’m very excited to step into this new role and continue to bring distinctive, design-led tech innovations to Indian consumers. India will play a pivotal role in the global smartphone industry in the years to come, and we’re committed to accelerating our ‘Make in India’ initiatives and boosting domestic production. In 2025, we’re doubling down by ramping up our investments in India and expanding our offline presence to 12,000+ stores.”
Reinforcing its focus on India, Nothing has announced that its upcoming Phone (3a) Series, launching on March 4 at 3:30 PM IST, will be manufactured in Chennai.
Baby & Mom Retail, a House of Brands and a leading name in baby care, skincare, pet care, and bedding solutions, has expanded its presence by launching on quick-commerce platforms Blinkit and Zepto. This strategic move enhances customer convenience by ensuring rapid access to its diverse product range across multiple cities in India.
Customers can now purchase Baby & Mom Retail products on Blinkit in cities such as Ajmer, Alwar, Amritsar, Bathinda, Bhopal, Chennai, Coimbatore, Dehradun, Goa, Gurgaon, Hyderabad, Jaipur, Jalandhar, Kanpur, Kochi, Kolkata, Lucknow, Ludhiana, Nagpur, Patna, Rajkot, Ranchi, Varanasi, Vijayawada, Visakhapatnam, and more. Meanwhile, Zepto users can find the brand’s offerings in Belgavi, Davangere, Mehsana, Tumkuru, and North Gurugram. Additionally, both platforms feature the brand’s products in major cities like Ahmedabad, Bengaluru, Indore, Mumbai, Nashik, Pune, Surat, Udaipur, and Vadodara.
By expanding to Blinkit and Zepto, Baby & Mom Retail aims to meet the increasing consumer demand for quick and seamless shopping experiences. Offering a wide selection of baby care products, skincare essentials, pet care items, hygiene solutions, and mattresses, the brand ensures that customers can access high-quality products with faster delivery.
"As demand for our products continues to rise, we are now available on Blinkit and Zepto, ensuring our customers receive their orders with greater speed and efficiency. We have gone live in major cities across multiple states and plan to extend this rapid delivery service to additional locations. Customer satisfaction remains our top priority, and by curating high-quality products and optimizing our services, we aim to enhance the overall shopping experience," said Shish Kharesiya, Founder and CEO of House of Brands.
With a strong focus on innovation and evolving consumer needs, Baby & Mom Retail has established itself as a trusted name in baby care and family-oriented segments. Driven by its core values of quality, innovation, and customer satisfaction, the brand remains committed to enhancing the shopping experience while strengthening its market presence.
Unilever has announced that Hein Schumacher will step down as Chief Executive Officer and Board Director on March 1, with his official departure from the company set for May 31, 2025. The company stated that the decision was made by mutual agreement. Fernando Fernandez, currently Unilever’s Chief Financial Officer and Executive Director, will take over as CEO, effective March 1, 2025. This leadership change is expected to have an impact on Unilever’s retail operations in India and other key markets.
Fernando Fernandez, who became CFO in January 2024, previously led Unilever’s Beauty and Wellbeing business. He has held key leadership roles as President of Unilever Latin America, CEO of Unilever Brazil, and CEO of Unilever Philippines, delivering financial growth in these markets. Unilever highlighted his experience in driving performance and talent development.
Hein Schumacher, commenting on his departure, stated, “With a clear strategy, a portfolio reset in motion, and a strong leadership team in place, I look forward to seeing Unilever move from strength to strength in the future.”
Unilever Chairman Ian Meakins acknowledged Schumacher’s contributions, stating, “Hein introduced and led a significant productivity programme and the commencement of the Ice Cream separation, both of which are fully on track. The Growth Action Plan (GAP) has put Unilever on a path to higher performance, and the Board is committed to accelerating its execution. We are grateful for Hein’s leadership, and we wish him the very best for the future.”
On Fernandez’s appointment, Meakins added, “Having worked with Fernando closely over the last 14 months, the Board is very confident in his ability to lead a high-performing management team, realise the benefits of the GAP with urgency, and deliver the shareholder value that the company’s potential demands.”
Fernando Fernandez said, “Being appointed as CEO of Unilever is an honour. Our focus will be on building a future-fit portfolio with an attractive growth footprint and delivering unmatched functional and perceivable superiority across our top 30 power brands.”
Unilever confirmed that Fernandez will receive a fixed salary of €1,800,000, along with eligibility for an annual bonus and Performance Share Plan awards under the company’s existing remuneration policy. Hein Schumacher will continue to receive his fixed salary of €1,850,000 until his departure on May 31, 2025, and will receive compensation for the remainder of his notice period. The company stated that Schumacher will be treated as a "good leaver" under Unilever’s Remuneration Policy concerning his outstanding incentives.
For the CFO position, Unilever has initiated an internal and external search for a permanent replacement. From March 1, 2025, Srinivas Phatak, currently Deputy CFO and Group Controller, will serve as acting CFO. Phatak has held senior finance, strategy, and supply chain roles globally, including a tenure as CFO of Hindustan Unilever Limited.
Unilever stated that its 2025 outlook and medium-term guidance remain unchanged.
Titan projects revenue growth of up to 20 percent for its jewellery segment in the next financial year, driven by demand from affluent consumers in India. Despite rising gold prices, high-income buyers continue to spend on jewellery for weddings and investment purposes, even as middle-class consumers reduce discretionary spending. The company, a key player in India’s retail sector, anticipates steady demand but acknowledges potential risks to margins due to fluctuating gold prices.
Titan’s jewellery division, which contributes nearly 90 percent of the company’s total revenue, is expected to grow in the mid-teen percentage range to 20 percent in the financial year starting April 1, according to Chief Financial Officer Ashok Sonthalia. Speaking to Reuters on Monday, Sonthalia noted that the segment had posted a 20.2 percent growth in the previous year and 20.4 percent in the nine months ending December 31.
The company’s revenue is primarily driven by affluent consumers, whose spending habits remain largely unaffected by inflation and interest rate fluctuations. However, Titan faces challenges in maintaining its core earnings margin target of 11 percent to 11.5 percent amid increasing gold prices.
Sonthalia acknowledged that if gold prices continue to rise without stabilization, achieving the company’s margin target could be difficult. “If gold prices keep going up like this (and) it doesn’t normalize … 11 percent-11.5 percent may be difficult,” he stated.
Benchmark gold prices surged by approximately 27 percent in 2024 and are on track for record highs in 2025, driven by economic uncertainty and inflation concerns in the U.S. under President Donald Trump’s second term.
Titan previously noted that rising gold prices have led to an increase in customers purchasing gold coins— a less profitable category for the company— as an investment option. In the quarter ending December 31, the jewellery business’s core earnings margin declined by 100 basis points to 11.2 percent.
For the overall group, Sonthalia expects revenue growth in the double-digit percentage range for the current quarter. Despite challenges posed by fluctuating gold prices, Titan remains focused on sustaining growth in its jewellery business while navigating market uncertainties in India’s retail sector.
The Kerala government has launched the Direct Selling Monitoring Mechanism (DSMM) to bring transparency and regulatory clarity to the direct selling sector. The initiative is expected to strengthen the industry’s role in economic growth by establishing a structured framework for over 1.5 lakh direct sellers and companies operating in the state. The Indian Direct Selling Association (IDSA), the apex industry body, has welcomed the move, emphasizing its significance for retail and economic development in India.
Under the leadership of Chief Minister Pinarayi Vijayan and Minister G R Anil, the Kerala government has introduced clear guidelines and an online portal aimed at ensuring transparency and compliance in the sector. The initiative is expected to improve regulatory oversight and streamline direct seller registrations.
Speaking at the launch event in Thiruvananthapuram on February 19, 2025, IDSA CEO Council Member Samir K Modi stated, “Kerala has taken a transformative step in strengthening Kerala’s Rs 522 crore direct selling industry, by releasing clear and well-defined guidelines and launching an online portal that will not only enhance transparency and regulatory compliance but also pave the way for the industry's long-term, sustainable growth.”
India is the 11th largest direct selling market globally, with a turnover exceeding Rs 21,000 crore and a compound annual growth rate (CAGR) of 8.3 percent. Kerala accounts for 17 percent of the Southern Region’s direct selling market, alongside Tamil Nadu, Karnataka, Telangana, and Andhra Pradesh, according to the IDSA Annual Survey for FY 2022-23.
The structured monitoring system introduced by the Kerala government, along with the online enrolment portal for direct selling entities, is expected to improve transparency and regulation. IDSA Chairman Vivek Katoch stated in a press release, “IDSA has been keenly involved with the Kerala Food, Civil Supplies, Consumer Affairs, and Legal Metrology Department in sharing industry recommendations, direct seller perspective and further helping in formulating a robust and effective monitoring mechanism and will remain committed towards supporting the state in shaping a growth-driven ecosystem in the state.”
IDSA has been working with central and state governments to develop a regulatory framework aligned with the Consumer Protection (Direct Selling) Rules, 2021. The association aims to safeguard consumer interests while enhancing the credibility of the direct selling industry.
The new mechanism introduced by Kerala is expected to maintain consumer trust, improve business credibility, and strengthen the industry's contribution to economic growth. IDSA remains committed to collaborating with policymakers and stakeholders to foster a transparent and well-regulated direct selling ecosystem.
Dabur India has announced an investment of Rs 550 crore in Madhya Pradesh over the next few years to enhance its production capacity. The company, which has already invested Rs 1,000 crore in the state over the past five decades, considers Madhya Pradesh a key hub for retail and manufacturing in India.
Speaking at the Madhya Pradesh Global Investors Summit 2025, CEO Mohit Malhotra highlighted the company’s positive experience with the state’s policies and governance, which have encouraged further investment. Dabur currently carries out 25 percent–30 percent of its total production in Madhya Pradesh, covering raw material sourcing, manufacturing, and distribution.
Malhotra pointed out that the state offers a strong business environment with reliable water and power supply, single-window clearance for approvals, and financial incentives. These include the central government’s Production-Linked Incentive (PLI) scheme and state-backed mega project benefits, which provide up to 25 percent in incentives.
Dabur remains committed to Ayurveda, herbal, and natural products, maintaining its focus on core categories rather than diversifying beyond its expertise. Malhotra noted that demand for herbal and natural products is growing in India and globally, reinforcing the company’s strategic direction.
The investment will further strengthen Madhya Pradesh’s role as a key manufacturing and supply center for Dabur, supporting its long-term growth strategy in the FMCG sector.
Dabur India’s share price saw a slight increase, trading at Rs 508.15 at 10:15 AM on the NSE, reflecting a 0.48 percent gain (+Rs 2.45) from its previous close of Rs 505.70. The stock opened at Rs 505.15, reached an intraday high of Rs 509.65, and recorded a low of Rs 504.15.
Dabur’s investment reflects its confidence in Madhya Pradesh’s business-friendly environment and government support. By expanding its production capabilities, the company aims to strengthen its presence in India’s retail and FMCG sectors while reinforcing Madhya Pradesh as a key manufacturing hub.
Starbucks is set to lay off 1,100 corporate employees worldwide as part of an operational restructuring under Chairman and CEO Brian Niccol. The company will notify affected employees, according to a letter Niccol shared with staff. In addition to the layoffs, Starbucks is eliminating several hundred unfilled positions.
“Our intent is to operate more efficiently, increase accountability, reduce complexity and drive better integration,” Niccol stated in the letter.
Starbucks employs 16,000 corporate support staff globally, but the layoffs will not impact roasting and warehouse employees. Baristas, who make up most of the company’s 361,000 workers, are also not included in the job cuts.
Niccol previously indicated that corporate layoffs would be announced by early March, citing the need to streamline decision-making and reduce layers of management. “Our size and structure can slow us down, with too many layers, managers of small teams and roles focused primarily on coordinating work,” he wrote.
The job cuts at Starbucks follow similar moves by other major companies. Last week, Southwest Airlines announced it would eliminate 1,750 jobs, or 15 percent of its corporate workforce. In January, Bridgestone Americas shut down a plant in LaVergne, Tennessee, affecting 700 workers.
Niccol, who joined Starbucks last fall, has been focused on reversing declining sales. He aims to improve service times, particularly during the morning rush, and reinforce Starbucks stores as community gathering spaces. His strategy includes simplifying the menu and refining ordering processes across mobile, drive-thru, and in-store channels.
In its 2024 fiscal year, which ended on September 29, Starbucks’ global same-store sales declined by 2 percent. In the U.S., customers reacted to higher prices and longer wait times, while in China, the company faced increased competition from lower-cost rivals. However, Starbucks exceeded sales expectations in its most recent quarter, following adjustments such as the removal of extra charges for non-dairy milk.
Sunpure, a leading edible oil brand in South India, is expanding its product portfolio with the introduction of a new ready-to-mix sweet range. The company, which has built a strong presence in the edible oil and spices market, is entering the Rs 3,600 crore ready-to-mix sweets segment in India with the launch of its Gulab Jamun Instant Mix. This move aligns with the growing demand for convenient food options that retain traditional flavors. Sunpure plans to distribute the product across 20,000 retail outlets in India by the end of 2025, starting with Karnataka before expanding to Tamil Nadu, Andhra Pradesh, Telangana, and Maharashtra, targeting 10 percent market penetration in the first two years.
The new range includes Gulab Jamun Instant Mix and Kesar Badam Gulab Jamun Instant Mix, both formulated without preservatives, artificial flavors, colors, or hydrogenated fats. The Kesar Badam variant includes natural saffron and almonds, offering an additional flavor profile. Designed for quick preparation, the products cater to changing consumer preferences for convenient traditional sweets.
“The ready-to-mix food segment in India is experiencing robust growth, with a projected compound annual growth rate (CAGR) of around 15 percent from 2023 to 2028. Within this expanding market, ready-to-mix sweets, such as Gulab Jamun and other traditional treats, currently make up about 20-25 percent of the total category. With India’s growing middle class and shifting consumer preferences for healthier, preservative-free options, we see significant potential for continued growth in this segment,” said Sridhar Vaidyanathan, Chief Operating Officer of MK Agrotech, Sunpure’s parent company.
Sunpure's expansion into ready-to-mix sweets aligns with its broader strategy of becoming a diversified food brand beyond edible oils. “Our foray into the ready-to-mix sweets category is a natural progression in line with Sunpure’s vision to evolve from being a leader in edible oils to becoming a trusted, all-encompassing food brand. The increasing demand for quick, high-quality, and healthy food options inspired us to develop products that offer consumers the joy of traditional sweets without compromising on quality or nutrition. We are committed to bringing convenience and purity into every product we introduce,” he added.
The product development process involved extensive research, market studies, and regulatory compliance to maintain quality standards. The company ensured rigorous testing of raw materials and packaging, focusing on hygiene, taste, and shelf life. Sunpure’s Gulab Jamun Instant Mix (120g) and Kesar Badam Gulab Jamun Instant Mix (90g) are priced at Rs 99 each.
Looking ahead, Sunpure plans to introduce more products under its ready-to-mix and food categories, reinforcing its presence in India's retail market.
Akzo Nobel India Limited has announced that its Board of Directors has received a Binding Offer from its parent company, Akzo Nobel N.V., to acquire the company’s Powder Coatings business and International Research Centre (R&D). The proposal, dated February 24, 2025, includes standard conditions outlined in the disclosures submitted to stock exchanges. Additionally, the offer covers the transfer of intellectual property for the Decorative Paints business from Akzo Nobel Coatings International B.V. to Akzo Nobel India Limited.
Following the offer, the Board of Directors of Akzo Nobel India has approved the following transactions:
Sale of Powder Coatings Business and R&D Center – These will be transferred on a slump sale basis as a going concern. Each transaction will be conducted through separate Business Transfer Agreements with an indirect wholly owned subsidiary of Akzo Nobel N.V., which will be set up in India. The Powder Coatings business will be sold for Rs 20,730 million, while the R&D center will be transferred for Rs 700 million.
Acquisition of Intellectual Property Rights – Akzo Nobel India will acquire the intellectual property of Akzo Nobel Coatings International B.V. related to the Decorative Paints business in India, Bangladesh, Bhutan, and Nepal. This transaction will be executed through an Intellectual Property Sale and Transfer Arrangement for a consideration of Rs 11,520 million.
These transactions will allow Akzo Nobel India to focus on its liquid paints and coatings segment, making it an independent brand-and-technology company in the Decorative Paints business.
The completion of these transactions is subject to approval from Akzo Nobel India’s shareholders and the Supervisory Board of Akzo Nobel N.V. The company plans to seek shareholder approval in the coming weeks, with the voting process expected to conclude within a month.
Samsung is redesigning its service centers in India to improve the customer service experience, aligning with its focus on retail and consumer electronics. This initiative integrates service and sales, enhancing after-sales support with a stronger emphasis on premium customer care. The company aims to provide a seamless experience through digitalized processes and advanced diagnostic tools that improve issue detection.
The redesigned centers feature updated layouts, including sofa-style seating with built-in wireless charging stations. Dedicated accessory walls display Samsung’s range of wearables, while large digital screens highlight the latest product innovations. The new setup also includes interactive kiosks where customers can engage with product specialists, explore new launches, and access exclusive offers. Additionally, an online appointment system will help streamline visits and reduce wait times.
“Over the decades, we have expanded a robust network of service centres to support our existing customer base which is concurrent to the needs of our sales partners. As consumer expectations evolve every day, we wanted to transform these spaces by infusing youthful and efficient design elements to make them more appealing, while keeping traditional customer needs in mind. At the heart of this is Samsung’s commitment to providing a premium experience to its customers,” said Sunil Cutinha, VP, Customer Satisfaction, Samsung India.
Samsung currently operates over 3,000 service touchpoints across India, including physical service centers, resident engineers, and collection points. The redesign will be implemented in phases across key cities, aiming to improve the customer experience nationwide.
Reliance Retail has renewed its partnership with Mumbai-based waste management company Green Practices to enhance retail waste management efforts in India. The collaboration focuses on reducing environmental impact through advanced waste segregation, composting, and recycling across 45+ Reliance Smart stores and 28 Sahkari Bhandar outlets. This initiative aligns with the company’s commitment to sustainable retail operations in India.
Since the partnership began in 2019, Reliance Retail and Green Practices have handled over 48 lakh tonnes of waste, averaging more than 77 thousand tonnes per month. The initiative aims to reduce landfill dependency and integrate circular economy principles into retail operations.
Vinay Adhye, Vice President and Business Head at Reliance Retail stated, “Sustainability is at the core of our business philosophy. At Reliance, we are committed to minimizing our environmental impact while maximizing operations. Our partnership with Green Practices is about redefining responsible retailing. Together, we hope to demonstrate that sustainability and operational efficiency can go hand in hand.”
Mana Shah, Founder of Green Practices added, “Our partnership with Reliance Retail has been a powerful example of how strategic associations can drive meaningful environmental change. We are integrating circular economy principles into retail operations, and therefore transforming waste into valuable resources. Through this, we hope to inspire industry-wide change.”
With sustainability becoming a priority for businesses, this partnership highlights how strategic collaborations can contribute to responsible retail operations in India.
India’s wearable device market saw an 11.3 percent year-on-year decline in 2024, with shipments totaling 119 million units, marking the first annual drop since its emergence. According to the International Data Corporation (IDC) India Monthly Wearable Device Tracker, the market also contracted for the third consecutive quarter, with Q4 2024 shipments falling 8.7 percent to 25.9 million units. This slowdown comes amid shifting consumer demand and a lack of major technological advancements in key segments.
The average selling price (ASP) of wearables fell by 7.1 percent to $19.8 in 2024, reflecting a slowdown in price drops after five years of double-digit declines. The smartwatch segment recorded the steepest decline, with shipments dropping 34.4 percent year-on-year to 35 million units. The segment’s share within the overall wearable market fell from 39.8 percent in 2023 to 29.4 percent in 2024. Analysts attributed this decline to the absence of significant product innovations, leading to lower consumer interest.
Smartwatch ASPs declined 9.1 percent from $25.8 to $23.5, while advanced smartwatches saw a 13.1 percent year-on-year decline. However, their share within the category slightly improved from 2.1 percent to 2.8 percent.
In contrast, the earwear category saw moderate growth, with shipments rising 3.8 percent to 83.5 million units. The Wireless Stereo (TWS) segment grew 9.4 percent, capturing a record 70.9 percent market share, while neckbands declined 17.1 percent. Over-the-ear models posted significant growth, increasing 83.6 percent to 4.5 million units. ASPs for the earwear segment declined 3 percent to $17.6.
Offline retail in India gained traction, with shipments increasing 7.2 percent and capturing 37.8 percent of the market, up from 31.3 percent in 2023. However, online channel shipments declined 19.7 percent, marking a slowdown after several years of strong growth. Online smartwatch shipments fell 43.0 percent, significantly impacting overall online sales, while earwear shipments via online platforms declined 5.1 percent year-on-year.
A notable emerging segment is the smart ring category, which saw strong growth. Shipments reached 323,000 units in 2024, up from 113,000 units in 2023. The ASP for smart rings increased by 1.9 percent to $174.7, indicating growing demand for advanced wearable technology.
Looking ahead, IDC forecasts that India's wearable market will remain flat in 2025, as the continued decline in smartwatches is expected to offset single-digit growth in earwear.
"Emerging categories like smart rings and smart glasses are expected to see high double-digit growth," said Vikas Sharma, senior market analyst, Smart Wearable Devices, IDC India.
"In the upcoming quarters, innovations will likely revolve around the convergence of advanced sensing technologies and artificial intelligence applications, along with more sophisticated health monitoring features like blood pressure monitoring," he added.
Apple has applied for approval from the Indian government to establish a wholly-owned retail store in India, leveraging changes in retail regulations. The move aligns with Apple's strategy to strengthen its presence in a market that continues to see growth in smartphone sales. Currently, the company sells its products through third-party retailers in India.
Under existing regulations, India allows 100 percent foreign ownership in single-brand retail stores if at least 30 percent of the products are sourced locally. However, the government has indicated that it may consider applications on a case-by-case basis, even if they do not meet the local sourcing requirement.
An Apple spokesperson confirmed that the company had submitted an application to set up a store but did not disclose the number of branded stores planned for India. Apple products have been positioned as premium offerings in the Indian market, though the company has introduced older models at lower prices to increase its consumer base.
In the third quarter of 2015, Samsung Electronics led the Indian smartphone market, followed by domestic brand Micromax, according to IDC. Apple was not among the top five players in the price-sensitive market.
India’s smartphone shipments totaled over 28 million units in the third quarter of 2015, marking a 21.4 percent increase from 23.3 million units in the same period the previous year, according to IDC.
Marico anticipates double-digit revenue growth in FY25, driven by price adjustments and improved volume performance, according to Managing Director and CEO Saugata Gupta. He noted that while revenue is expected to grow, inflationary pressure on material inputs in the second half of the fiscal year could impact profitability. The company aims to maintain an operating margin of around 20 percent, supported by a structured cost management system.
"If you look at the volume growth trajectory every quarter, we have sequentially improved. I think the way we look at it is that we should be able to deliver double-digit revenue growth. Our aspiration is to deliver top quartile volume growth," Gupta said.
Marico continues its diversification strategy, particularly in the food segment, which has gained momentum. "For example, food in the last two quarters hit an annual recurring revenue (ARR) of Rs 1,000 crore. We have a digital business, and two of our digital brands have scaled. Digital businesses put together have a very low cash burn," he said.
The company’s international business has reported double-digit growth in constant currency terms. "And in spite of the fact that there have been some headwinds, we have been able to be resilient in some of the markets like Bangladesh," Gupta added.
Marico has already increased prices for Saffola due to the government's hike in import duty on edible oil last year. The company is also considering an additional price adjustment for its Parachute coconut oil brand, depending on copra price trends. "So, as far as Saffola was concerned, I think it was necessitated by the import duty hike. And with respect to Parachute, we have taken pricing actions and could take one more round if required," Gupta said. "As we move towards Q1 of the next fiscal, we expect copra prices to begin winding down."
Regarding the broader industry outlook, Gupta acknowledged ongoing inflation in input costs, though he noted signs of softening. He also highlighted that tax incentives announced in the recent budget could improve consumption trends, particularly in urban markets. "Food inflation is slightly easing," he said. "The entire tax breaks that have been given to the middle class (in Budget) will definitely improve sentiment." However, he cautioned that the impact will be gradual.
"Some of the tax breaks are welcome and this is something which the government has done for the middle class which definitely boosts consumption. Having said that, that consumption will just not be channelised towards FMCG but different categories also. Also, I believe that food inflation is gradually softening. A combination of both should help in terms of recovery of the urban consumption," he said.
Gupta also expects this trend to benefit certain FMCG categories. "This will also help in urban consumption definitely for beauty and personal care and foods because some of the disposable income will go towards some parts of the FMCG. So this should help in recovering the urban consumption," he said.
In the December quarter, Marico, which owns brands such as Saffola, Parachute, and Livon, reported a 5.2 percent rise in net profit, with consolidated revenue from operations increasing by 15.35 percent to Rs 2,794 crore. "One of the reasons we have been able to do well is that there has been a sequential volume growth every quarter," Gupta said. He also confirmed that Parachute's core volume growth has remained positive.
Raymond, one of India's leading textile and apparel brands, has appointed Vipul Mathur to lead Raymond Home and Ethnix by Raymond as part of its ambitious growth strategy for the upcoming fiscal year. Vipul Mathur, who currently serves as Chief Business Officer for New Businesses at Raymond, will now oversee both the Ethnix SBU and Raymond Home divisions. This consolidation is aimed at harnessing growth potential by bringing two promising business segments under unified leadership, positioning Raymond to leverage emerging market opportunities in home textiles and ethnic wear. The leadership teams of both Raymond Home and Ethnix will now report directly to Mathur.
Vipul Mathur shared, “Excited to be part of Raymond's journey as we scale new businesses of Raymond Home and Ethnix by Raymond.” He further added, “These businesses have the potential for rapid growth and market share expansion. Raymond is a $1 billion revenue brand, willing to expand into new categories.”
This strategic restructuring aligns with Raymond’s vision to reinforce its market leadership and drive innovation across its diverse portfolio. The new structure is intended to sharpen focus on critical growth areas while optimizing resource allocation and enhancing market responsiveness.
With over 20 years of experience in e-commerce and retail, Vipul Mathur has built a strong reputation for transforming businesses through digital-first and omnichannel strategies. He is particularly recognized for his work at Nykaa Fashion, where he prioritized consumer-centric growth and profitability through a data-driven approach. His professional journey also includes roles at Luminatiq, Nykaa Fashion, and udaan.com, contributing to his robust expertise in scaling businesses and driving market success.
Coyu, a premium multi-brand fashion and lifestyle platform tailored for the modern Indian woman, is all set to open its flagship store at the IREO complex in Gurugram. An exclusive launch event will be held on February 22, 2025, inviting customers to explore the store’s unique offerings. Spanning approximately 6,000 sq. ft., the new store promises a personalized shopping experience aligned with Coyu’s ‘Joy of the Find’ philosophy, making style discovery and wardrobe creation an exciting and fulfilling experience.
Launched in October 2024 by Mohit Gupta, co-founder of Zomato and former COO of MakeMyTrip, with strategic guidance from Mukesh Bansal, founder of Myntra and Cult.fit, Coyu aims to meet the diverse occasion wear needs of women. The brand’s name, "Coyu," stands for ‘Collated for You, in Collaboration with You,’ highlighting its commitment to offering a thoughtfully curated collection of premium fashion and empowering women to express their unique style.
The flagship store features over 50 carefully selected brands, offering an array of Western, modern ethnic, and Indo-Western wear. The collection includes international labels like Karen Millen, Salsa Jeans, DKNY, Sister Jane, Pinko, and Nobody’s Child, as well as renowned Indian brands such as Saksha Kinni, Our Love, Dash & Dot, Basanti Kapde & Coffee, Linen Bloom, Ganga Fashions, and Soup by Sougat Paul. Coyu provides a one-stop destination for every occasion, with prices ranging from Rs 3,000 to Rs 30,000, covering casual outings, business meetings, and festive celebrations.
Designed to provide a superior shopping experience, Coyu’s flagship store features six spacious trial rooms, a dedicated lounge area, and a coffee station, creating a welcoming and exclusive ambiance. Shoppers can enjoy personalized styling sessions with expert stylists to find their perfect look, while in-house alterations ensure a flawless fit.
Coyu has also introduced digital services like its Try-at-Home service and 90-minute delivery, initially launched with its first store at Ambience Vasant Kunj in October 2024. These services are currently being refined to offer greater convenience and flexibility to customers shopping from home. The brand also operates a pop-up store at DLF Avenue Saket, expanding its reach and showcasing its curated fashion selection.
Mohit Gupta, Founder & CEO, Coyu, stated, “At Coyu, we believe the future of premium fashion retail lies in creating immersive, omnichannel experiences. We are thrilled to unveil our flagship store in Gurugram, designed to offer modern Indian women a truly unique and personalized shopping journey. Our focus is on curating premium fashion that caters to diverse occasion wear needs while seamlessly integrating online and offline services. With this launch, we aim to make an elevated lifestyle more accessible, personal, and inspiring. Coyu offers a platform for multiple homegrown fashion brands, providing a wide variety of high-quality apparel for every occasion. Through flagship stores, boutique outlets, and its online platform, Coyu provides a service-first shopping experience, from expert styling to express delivery and Try-at-Home services. At Coyu, every discovery is unique, and every purchase celebrates individuality.”
Coyu’s flagship store is located at Golf Course Extension Road, Sector 61, Gurugram, Haryana 122002. While the store is already open to customers, the launch event on February 22, 2025, will mark a significant milestone for the brand, offering a fresh and immersive shopping experience in the premium fashion segment.
PNG Jewellers has announced its highly anticipated Chain & Bangle Mahotsav, a special festival offering an exquisite collection of gold chains and bangles. The event is available across all PNG Jewellers branches in all cities and will continue until stocks last, providing customers with a wide range of designs at attractive prices.
The Chain & Bangle Mahotsav showcases a variety of timeless and contemporary designs, blending heritage with modern aesthetics. The collection includes bangles and chains that serve as versatile pieces of daily-use jewelry, combining style and durability to suit every occasion. During this limited-time event, customers can enjoy a flat 15 percent discount on making charges, presenting a valuable opportunity to invest in elegant jewelry. Each piece reflects detailed craftsmanship, purity, and the trusted quality of PNG Jewellers.
Saurabh Gadgil, Chairman & Managing Director, PNG Jewellers, stated, “At PNG Jewellers, we have always been committed to preserving traditions while evolving with the times. The Chain & Bangle Mahotsav celebrates our rich cultural heritage, offering every customer the perfect piece of jewelry that resonates with their personality and style. With exclusive collections and attractive offers, we look forward to making this festival truly special for our customers."
The festival is being held across all PNG Jewellers stores as well as on online platforms, offering customers the convenience of browsing and shopping from their homes.
Google is reportedly in the final stages of selecting locations for its first-ever physical retail stores in India, marking the company's first brick-and-mortar presence outside the United States. This move is part of Google's strategy to strengthen its physical presence in one of its key growth markets.
Currently, Google operates five physical stores in the U.S., offering its hardware products, including Pixel smartphones, smartwatches, and earbuds. The tech giant is aiming to replicate Apple's retail strategy, which has over 500 stores worldwide. Apple entered the Indian retail market in 2023 with flagship outlets in Mumbai and New Delhi.
Google is close to finalizing store locations in New Delhi and Mumbai, with Bengaluru also under consideration at an earlier stage. The proposed stores are expected to cover around 15,000 square feet and could be launched within the next six months. Additionally, Google is exploring Gurugram as another potential location.
Despite its premium Pixel smartphones having only a modest market share in India, with nearly 2 percent in the premium segment according to Counterpoint Research, Google aims to compete with Apple's dominant 55 percent share. The Reuters report highlights that establishing physical retail outlets could enhance Google's visibility and bolster its competitive stance against Apple.
Currently, Google sells its devices in India through authorized retail partners. The decision to open dedicated stores aligns with Google's increased local production of Pixel devices, supporting the Indian government's push for domestic manufacturing. While the exact launch timeline remains unclear, Google's entry into the physical retail market could provide the brand with a significant boost in competing with Apple and the iPhone in India.
ECCO, one of the globally recognized premium footwear brands known for its innovation, comfort, and Scandinavian craftsmanship, is expanding its presence in India with the launch of three new stores. The brand has unveiled its latest outlets at Palladium Mall in Mumbai, and DLF Promenade and Pacific Mall in New Delhi, further reinforcing its commitment to providing world-class footwear to Indian consumers.
Continuing its mission to offer exceptional leather craftsmanship, advanced technology, and ergonomic designs, ECCO’s new stores present a diverse collection of footwear. From classic formal shoes and contemporary casual styles to high-performance outdoor and golf shoes, the brand caters to a wide audience that values both style and functionality.
Sumeet Lohia, Country Manager of ECCO Shoes India, said, “India is a key market for ECCO, and we are excited to further strengthen our presence in Mumbai and Delhi. These new store openings represent a significant milestone in our journey, allowing us to bring our premium footwear collections closer to our customers. We are witnessing high consumer interest, with repeat customers accounting for 50 percent of our sales. Our expansion plan focuses on key retail hubs in India’s top six cities. By the end of 2026, we plan to have a robust presence in all key malls.”
Designed to reflect ECCO’s Scandinavian heritage, the new stores offer a modern and inviting shopping environment, where customers can explore the brand’s signature collections, crafted using premium materials and innovative shoemaking techniques.
With this expansion, ECCO India is steadily growing its presence in key metropolitan areas, ensuring greater accessibility for consumers looking for high-quality, stylish, and durable footwear. By blending fashion with functionality, the brand continues to cement its reputation as a leader in premium footwear.
Pee Safe, one of the leading personal hygiene brands, is on an ambitious growth trajectory, setting its sights on reaching more than 30,000 retail touchpoints across India by the end of the current fiscal year (FY 2025). This expansion aligns with the brand’s commitment to making feminine hygiene and wellness products more accessible to consumers nationwide.
As a direct-to-consumer brand, Pee Safe offers an extensive range of hygiene and personal care solutions, including sanitizers, menstrual cups, sanitary pads, tampons, and intimate wellness products. Since its inception in 2017 by entrepreneur Vikas Bagaria, the brand has gained significant market traction, with its toilet seat sanitizers and panty liners emerging as its most popular and highest-selling products. These innovations have played a crucial role in raising awareness about hygiene and convenience, particularly for women on the go.
Expanding its portfolio, Pee Safe has also introduced two sub-brands—Domina and FURR—each catering to distinct consumer needs. While Domina focuses on intimate wellness, empowering women with premium products, FURR offers a range of sustainable and skin-friendly personal care solutions. These additions reflect the company’s commitment to holistic well-being and innovation in the personal hygiene sector.
The brand has attracted investments from prominent players, including Alkemi Growth Capital, NATCO Pharma Ltd., and Zerodha, further strengthening its market position. This financial backing has enabled Pee Safe to scale operations and enhance its research and development efforts.
To ensure seamless operations and maximize efficiency, Pee Safe collaborates with industry leaders across various sectors. Microsoft serves as its technology partner, enabling advanced digital solutions, while Amazon supports its e-commerce distribution network. Additionally, Bizom provides data-driven insights for strategic decision-making, and Unicommerce facilitates a smooth and efficient supply chain. To strengthen its direct-to-consumer reach, the brand’s website and online presence are powered by Shopify, ensuring a user-friendly shopping experience for customers.
Jewelbox has officially arrived in Bengaluru, marking an exciting new chapter for the brand. As it opens its doors in one of India’s most dynamic cities, the brand expresses gratitude and enthusiasm for the warm welcome. The opening of the newest store in the city reflects the brand’s commitment to bringing its unique jewelry collections to a place known for its deep-rooted heritage, thriving innovation, and an appreciation for artistry.
“Bengaluru holds a special place in our hearts. A city that beautifully blends tradition with innovation, it reflects the very essence of Jewelbox. Just as Bengaluru has embraced change while staying true to its roots, we strive to do the same by crafting jewelry that is both timeless and contemporary. For us, innovation isn’t just about design, it shapes everything we do – from craftsmanship to customer experience,” stated Nipun Kochar, Founder & CEO, Jewelbox.
Known for its pioneering spirit, Bengaluru is not only a hub of culture and heritage but also a center for technology and innovation. This synergy aligns seamlessly with Jewelbox’s approach to jewellery-making.
With every collection, Jewelbox aims to capture personal stories, celebrate milestones, and complement the vibrant lifestyles of its customers. From traditional gold and diamond jewelry to contemporary statement pieces, the brand’s creations are a testament to its passion for beauty and attention to detail. Bengaluru, with its cosmopolitan culture and discerning consumers, felt like a natural choice for Jewelbox’s next venture. The brand acknowledges the overwhelming love and trust of its patrons, which has been instrumental in this expansion.
As Jewelbox continues to expand its footprint across India, its arrival in Bengaluru signifies more than just a new store—it represents a fusion of tradition, craftsmanship, and innovation, creating jewellery that is both meaningful and memorable.
The Charcoal Project (TCP), the interior design brand founded by Sussanne Khan, is expanding its retail presence in India with a new gallery in Hyderabad. The launch marks a significant milestone for the brand, which has been a part of the Indian design industry since 2011. As TCP celebrates 14 years, the Hyderabad store becomes its second retail gallery, reinforcing its approach to luxury home furnishings and curated design.
The Hyderabad launch also features a collaboration with Gauri Khan Designs, bringing together the design aesthetics of Sussanne Khan and Gauri Khan. A dedicated floor within the six-storey gallery will showcase Gauri Khan’s signature design style, combining both creative perspectives in a single space.
Sussanne Khan shared, "Just a little sneak peek into our ‘World of Charcoal’... We are so looking forward to opening our doors to all of you on the 27th of February 2025."
TCP Hyderabad aims to provide a unique retail experience, offering a curated selection of home interiors and design elements. The project is being developed in partnership with Electronics Mart India Ltd (EMIL). With this expansion, The Charcoal Project continues to grow its presence in the Indian retail and design industry.
The Association of Direct Selling Entities of India (ADSEI) participated in a key event organized by the Department of Civil Supplies and Consumer Affairs, Government of Kerala, marking a significant step for India’s retail and direct selling industry. The event, held at Central Stadium, Thiruvananthapuram, on February 19, introduced new guidelines and a monitoring mechanism to promote ethical business practices and enhance consumer protection. Additionally, a dedicated website and awareness videos were launched to improve transparency and accountability within the sector.
Shri Pinarayi Vijayan, Chief Minister of Kerala, inaugurated the event, while Shri G.R. Anil, Minister of Food Civil Supplies and Consumer Affairs, delivered the presidential address, highlighting the government’s commitment to strengthening the direct selling ecosystem. Other attendees included Shri K.N. Balagopal, Minister for Finance, and Shri V. Sivankutty, Minister for Labour and General Education.
Ajay Suri, Treasurer of ADSEI said, "This event is another significant step in strengthening the Direct Selling industry and is a demonstration to the state's proactive approach. The release of these guidelines and the establishment of a monitoring mechanism are commendable steps taken by the Government of Kerala. These initiatives will ensure transparency, accountability, and consumer protection in the Direct Selling industry. ADSEI has always been at the vanguard of promoting ethical practices and self-regulation within the sector, and we are delighted to support the government's efforts in creating a fair and sustainable business environment. This will not only protect consumers but also empower legitimate direct selling businesses to grow and contribute to the economy."
With this initiative, Kerala has taken a lead in setting regulatory benchmarks for the direct selling industry in India, reinforcing the need for structured policies to ensure fairness and compliance. ADSEI continues to collaborate with state and central authorities to drive similar reforms nationwide, aiming to create a transparent and well-regulated retail landscape that benefits both businesses and consumers.
Infiniti Mall, a key player in retail and entertainment in India, has hosted BOUNCE Inc, India’s largest trampoline park, for the past five years at its Malad location in Mumbai. The facility, which features over 100 interconnected trampolines and more than 20 activities, caters to families, young adults, and fitness enthusiasts looking for an engaging and active experience. With locations in Mumbai and Bengaluru, BOUNCE has become a significant addition to India's retail and entertainment sector.
While trampoline parks combine gymnastics, fitness, and recreation, they also require strict safety protocols. Infiniti Mall emphasizes visitor safety alongside its shopping and entertainment offerings. Since its launch, BOUNCE Inc has implemented safety measures exceeding international standards, ensuring a secure environment for visitors.
"Our mission is to make BOUNCE the safest freestyle playground in India. We believe safety is not a restriction but an enabler of boundless energy and enjoyment. When our customers feel secure, they can truly unleash their potential," said Keyur Nagori, Director of BOUNCE Inc India.
Gaurav Balani, DGM-Marketing at Infiniti Mall added, "BOUNCE has truly become a go-to spot for families, young adults, and even corporate teams looking for something fun and exciting at Infiniti Mall, Malad. With a focus on safety and a lot of energy, it’s the perfect place to jump, laugh, and create unforgettable memories. We’re thrilled to have BOUNCE as a part of the mall and can't wait for more people to experience the fun."
Located within Infiniti Mall, Malad, BOUNCE Inc has introduced advanced safety features such as padded surfaces, non-slip materials, and trained safety hosts who enforce safety rules tailored to each participant’s skill level. The facility undergoes regular inspections, maintenance, and adheres to global safety benchmarks to provide a controlled environment for visitors.
Beyond a trampoline park, BOUNCE Inc serves as an active recreational space where families connect, friendships develop, and individuals challenge themselves physically. Whether for beginners or experienced athletes, the venue ensures a safe and structured environment for guests to enjoy trampoline-based activities at Infiniti Mall, Malad.
Tuco Kids, a retail brand in India's personal care market for children, has appointed Chanakya Gupta as co-founder.
Gupta previously served as Business Head at Cult Play (formerly Fitso) and was Group Chief Human Resource Officer at Curefit. Before that, he spent nearly nine years at Flipkart in leadership roles, including Vice President for Strategic Partnerships, D2C Brand Accelerator, and Private Brands.
Founded by Aishwarya Murali in 2023, Tuco Kids offers a range of sustainable and natural personal care products designed for children aged 3 to 13 years. The product portfolio includes soaps, lotions, sunscreen, shampoo, and oil.
This leadership appointment follows the company's recent $2 million seed funding round led by Fireside Ventures and Whiteboard Capital, aimed at expanding its market presence.
Tuco Kids' products are available through its official website and major e-commerce platforms, including Amazon, Flipkart, Myntra, Nykaa, and FirstCry, along with quick commerce platforms. The company continues to strengthen its position in India’s retail sector with the support of its investors.
Retail and direct-to-consumer (D2C) brand The Souled Store recorded a 54.5 percent year-on-year increase in revenue for the fiscal year ending March 2024, reaching Rs 360 crore, up from Rs 233 crore in FY23. The Xponentia Capital-backed company also reported profitability during this period, according to its filings with the Registrar of Companies (RoC).
Founded in 2014, The Souled Store designs and sells pop culture-themed apparel and accessories, including footwear, books, mobile covers, and mugs. The company operates 18 stores across India, with 98.6 percent of its revenue generated from retail and online product sales, which grew 55 percent to Rs 355 crore in FY24. The remaining income came from membership fees. Additionally, the company earned Rs 5 crore from interest on deposits and gains on current investments, bringing its total revenue to Rs 365 crore in FY24, compared to Rs 236 crore in FY23.
The brand's procurement costs accounted for 42.2 percent of total expenses, increasing 68.5 percent to Rs 150 crore in FY24. Employee benefits and rent expenses rose by 34.5 percent and 77.8 percent, respectively. The company also spent Rs 68 crore on advertising, while legal, freight, and other operational costs contributed to a 40.3 percent rise in total expenditure, reaching Rs 355 crore in FY24 from Rs 253 crore in FY23.
Despite rising costs, The Souled Store achieved a net profit of Rs 18 crore in FY24, a turnaround from a Rs 16.5 crore loss in FY23. The company’s return on capital employed (ROCE) and EBITDA margins improved to 6.38 percent and 5.21 percent, respectively. It spent Rs 0.99 to earn a rupee of operating revenue. At the end of FY24, total current assets stood at Rs 225 crore, including Rs 44 crore in cash and bank balances.
To date, The Souled Store has raised nearly $30 million, including a $16 million investment led by Xponentia Capital in 2023 and a $10 million round led by Elevation Capital in 2021. Data from TheKredible indicates that Elevation is the largest external stakeholder, followed by Xponentia Capital.
The company competes with brands such as Rare Rabbit, which generated Rs 636 crore in revenue and Rs 76 crore in profit in FY24; Bewakoof, with a revenue scale of Rs 162 crore; and Virat Kohli-backed WROGN, whose revenue declined by 29 percent to Rs 244 crore in FY24.
As interest in the fashion and lifestyle segment grows, brands like The Souled Store face the challenge of maintaining their identity while expanding. Managing advertising costs, maintaining brand exclusivity, and catering to a niche audience will be key to sustaining growth in India’s competitive retail landscape.
Goyal Salt Limited has reported sales of Rs 105.26 crore for the nine-month period ending December 2024. This reflects a “34 percent growth” compared to Rs 78.55 crore in the same period last year.
The company's new manufacturing facility in “Gandhidham”, with a production capacity of “4,50,000 MT”, is currently in the trial stage. Built with a “capital expenditure of Rs 80 crore” and spread over “12 acres”, the plant is expected to be fully operational by the end of March 2025.
Pramesh Goyal, Managing Director of Goyal Salt Limited stated, “We are delighted to announce a good set of numbers for 9M FY25. This represents a strong execution of our strategic initiatives and the positive market dynamics. We are expanding our market presence and keep bringing new high-quality products to the market. Our new manufacturing facility in Gandhidham is shaping up well and should be operational by the end of the current financial year. The establishment of Gandhidham facility allows us to get closer to western and eastern markets in the country by reducing logistics cost and hastening the delivery of finished products to our customers.”
Goyal Salt currently operates with “over 60 distributors” in “northern markets” and has expanded its distribution network to “Maharashtra, Gujarat, Assam, and Odisha”. The company’s retail presence includes “5,000 outlets”, with a long-term plan to reach households across the country within the next five years.
Havells India Ltd., a leading Fast-Moving Electrical Goods (FMEG) company, has further strengthened its commitment to innovation and technology with the appointment of Dipesh Shah as Chief Technology Officer (CTO) & President of the Havells Center for Research & Innovation (CRI). This strategic move is set to accelerate Havells' R&D investments and reinforce its position as a consumer-centric, technology-driven brand that develops indigenous technology from India for the world.
With an impressive 32 years of experience in embedded system software, wireless communications, and on-device AI, Dipesh Shah brings a wealth of expertise in developing smart home solutions and AI-driven consumer products. Before joining Havells, he led Samsung’s largest Software R&D Center outside Korea, driving advancements in AI and consumer experience solutions. His leadership in software engineering and product innovation has played a key role in shaping the Make for India initiative.
Havells' CRI centers in Bengaluru and Noida are at the forefront of cutting-edge product development, combining expertise in hardware, software, AI, power electronics, industrial engineering, and design. The company is focused on creating high-performance, smart, and sustainable solutions that enhance the well-being of consumers in India and beyond.
As part of this vision, Shah will lead efforts to attract India’s best engineering talent, fostering a culture of innovation, experimentation, and end-to-end technology realization. The R&D teams will work with the ethos of "Global Quality with Local Insights", ensuring that Havells' products are globally competitive yet deeply relevant to Indian consumers.
Havells is committed to delivering next-generation consumer experiences by integrating AI, IoT, and intelligent automation into its product ecosystem. With its strong in-house R&D capabilities, the company aims to develop connected, efficient, and high-performance appliances that seamlessly blend into modern smart homes.
“Innovation is at the heart of everything we do at Havells. Our core value of customer centricity powered by state-of-the-art research capabilities will enable us to develop products and solutions that will meet global standards and cater to the evolving needs of Indian consumers. We aim to accelerate our journey in building intelligent, consumer-focused solutions that enhance daily life and well-being,” said Dipesh Shah, Chief Technology Officer (CTO) & President, Havells Center for Research & Innovation (CRI), Havells India.
With this appointment, Havells is set to push the boundaries of innovation, further cementing its leadership in the smart home and intelligent appliances segment, both in India and global markets.
VIP Clothing Ltd., one of the well-recognized innerwear brands, has announced the promotion of Kapil Pathare as its Deputy Managing Director. The decision was formally approved during the Board of Directors meeting on February 12, 2025, recognizing his exceptional contributions and long-term vision for the organization.
With over two decades of experience in the company, Pathare has played a pivotal role in manufacturing, quality control, and customer-centric strategies. A B.Com graduate with an MBA, he is known for making game-changing business decisions while also being an acclaimed author. His strategic insights have significantly influenced VIP Clothing Ltd.’s market positioning and innovation-driven approach. Beyond the corporate realm, he is a sports enthusiast and cricket aficionado, frequently sharing his perspectives on social media. Additionally, he has penned three books—"Cricket to Corporate," "A Tall Order," and "Maiden Innings: An Inspiring Account of How Indian Women Scripted Cricketing History"—which reflect his deep passion for both sports and leadership.
Kapil Pathare shared his elation and stated, “It’s always great to see efforts pay off. My vision has always been to amplify the legacy of VIP Clothing Ltd. through strategic brand positioning and marketing suitably. Our consumers have grown over the last few decades, and so has the brand. Our trajectory has been one of adaptability and reinvention. Now, I look forward to propelling this further."
Sunil Pathare, CMD, VIP Clothing said, “We are pleased to announce the promotion of Mr. Kapil Pathare from Whole-Time Director to Deputy Managing Director for a period of three years, effective April 1, 2025. We are confident that in his new role, Mr. Pathare will continue to lead with the same passion and determination, further strengthening our position in the industry. He has been an integral part of our organization, bringing years of extensive experience, strategic vision, and leadership, which have significantly contributed to VIP Clothing Ltd.’s growth and success.”
As Deputy Managing Director, Pathare is set to drive innovation, operational efficiency, and market expansion, ensuring that VIP Clothing Ltd. continues its legacy of excellence in the innerwear industry. His leadership will play a crucial role in shaping the brand’s future, reinforcing its adaptability and commitment to quality.
Lenskart, one of India’s leading innovators in eyewear, is transforming the way people see, hear, and stay connected with the launch of Phonic, a revolutionary audio eyewear designed for today’s multitasking generation. Merging premium audio technology with stylish eyewear, Phonic is a testament to Lenskart’s commitment to delivering cutting-edge innovation at an accessible price. This next-generation wearable seamlessly integrates Bluetooth audio into everyday eyewear, allowing users to take calls, listen to music, and interact with digital assistants while maintaining a sleek and sophisticated look. Whether on a Zoom call, driving, or using voice commands to check schedules, Phonic enhances multitasking with intuitive technology and modern designs like Hustlr.
In an industry-first move, Lenskart has partnered with Zepto to ensure that customers receive Phonic smart glasses with built-in speakers in just 10 minutes. This collaboration merges Lenskart’s state-of-the-art innovation with Zepto’s ultra-fast delivery network, making it easier than ever for users to experience the latest in eyewear technology with unparalleled speed and convenience.
"At Lenskart, we are committed to making innovation more accessible than ever. With Zepto’s quick delivery services, Phonic is now just minutes away from reaching our customers. This partnership redefines convenience in e-commerce, ensuring that cutting-edge technology and stylish functionality are available on demand—seamlessly, quickly, and effortlessly," shared Madhur Acharya, Vice President E-commerce.
Chandan Mendiratta, Chief Brand and Culture Officer, Zepto shared, "At Zepto, speed isn’t just a promise—it’s our DNA. Partnering with Lenskart to deliver Phonic in just 10 minutes is a game-changer for the way users experience innovation and I thank our Sellers for enabling this. This collaboration merges cutting-edge eyewear technology with our seller’s delivery network, ensuring that convenience and smart living go hand in hand."
Phonic stands out with its innovative, user-friendly features that enhance everyday experiences. Its sleek design discreetly houses Bluetooth audio, providing a hands-free experience without compromising on style. With up to 7 hours of battery life, users can remain connected throughout the day, whether for calls, music, or voice assistant interactions. Phonic is compatible with both Android and iOS voice assistants, allowing users to send messages, set reminders, and control music effortlessly using simple voice commands. Additionally, its smart button navigation ensures that switching between functions is seamless, letting users stay focused on what matters most.
As part of Lenskart’s vision to make high-tech eyewear accessible, Phonic is available at an affordable price point, with sunglasses retailing at Rs. 4,999 and zero-powered glasses at Rs. 3,999. The collection is available in two stylish Hustlr colors, featuring Shiny Blue and Matte Black, catering to different fashion preferences. Each Phonic package comes with a Phonic Case, Charging Cable, Selvette, and Phonic Card, ensuring users receive a complete and premium experience.
one of the renowned premium bicycle brands, Firefox Bikes, has announced the appointment of Ashwani Gautam as its new Chief Executive Officer (CEO). Bringing extensive expertise in business transformation, P&L management, and go-to-market strategies, Ashwani will spearhead Firefox’s expansion and innovation in the premium cycling segment.
An alumnus of IIT BHU and IIM Ahmedabad, Ashwani has held key leadership roles across Consumer Durables, Healthcare, Power, and Automation industries. Prior to joining Firefox, he played a significant role at Hero Cycles as Chief of Staff and Business Head for International Business, Exports, and E-commerce. His vast experience in sales and marketing has been instrumental in driving business growth across multiple global markets.
In his new role, Ashwani will focus on strengthening Firefox’s market leadership, expanding its retail and digital presence, and enhancing product innovation to meet the evolving needs of India’s cycling enthusiasts.
Pankaj Munjal, Chairman and Managing Director, Hero Motors Company said, "We are delighted to have Ashwani lead Firefox at this exciting juncture. His extensive experience in business strategy, market expansion, and consumer engagement aligns perfectly with our vision for the future of premium cycling. Under his leadership, Firefox is set to further reinforce its position as the go-to brand for high-performance bicycles in India. We also expect Hero Lectro to continue driving the e-cycle revolution in India, under his rich experience."
Since its inception in 2005, Firefox has continually pushed the boundaries of creativity and engineering to redefine the cycling experience in India. Under Ashwani’s leadership, the brand aims to accelerate its efforts to make premium cycling more accessible while championing sustainability and fitness through innovative offerings.
Ashwani Gautam said, "Cycling is at the intersection of sustainability, fitness, and urban mobility. Firefox has been a pioneer in transforming premium cycling in India, and I am excited to lead the brand into its next phase of growth. My focus will be on strengthening Firefox’s presence in the premium segment and enhancing the overall cycling experience for enthusiasts across the country."
Firefox Bikes operates under Hero Motors Company (HMC), a global leader in mobility solutions. HMC has a strong legacy in the two-wheeler industry, dating back to its establishment in 1956. Over the decades, it has expanded its footprint across 18 locations worldwide, generating an annual revenue of USD 710 million.
The Souled Store, one of India’s leading merchandise and lifestyle brands known for its quirky designs and pop culture-inspired fashion, is making waves in the retail space with the launch of its first-ever outlet in Jodhpur. Nestled in the heart of the Blue City, this flagship store is more than just a shopping destination—it’s a vibrant celebration of urban creativity, bold design, and immersive artistic expression.
Designed to stand out, the Jodhpur outlet is housed in a standalone structure, setting it apart in the city’s lively landscape. The store’s outer wall features striking graffiti art, lending it an edgy and artistic appeal that’s sure to grab the attention of both locals and tourists. Inside, the store continues the creative theme with a contemporary yet laid-back atmosphere, making it an inviting space for shoppers to explore the latest in fashion and accessories.
Vedang Patel, Co-Founder, The Souled Store shared, “We’ve always strived to create something different, and our new Jodhpur store is a testament to that. The city’s rich heritage and creative spirit inspired us to design a space that’s as unique as the people who live here. We can’t wait for the people of Jodhpur to experience our products in this vibrant new setting. It’s a milestone we’ve been eagerly looking forward to, and we’re thrilled to bring The Souled Store’s spirit of fun and creativity to the heart of Rajasthan.”
The new store features The Souled Store’s signature collection of clothing and accessories, all inspired by pop culture, with a strong focus on quality and self-expression. Whether customers are fans of retro designs, comic book heroes, or unique fashion statements, the store offers something for everyone.
With a visually striking exterior, immersive design, and an eclectic product range, The Souled Store’s Jodhpur outlet is now open to customers, promising to be a must-visit destination for fashion enthusiasts in the region.
Gargi by P N Gadgil and Sons (PNGS) has introduced ‘Utsaav’, a new sub-brand focused on wedding, party, and festive jewellery, further expanding its retail footprint in India. The collection merges traditional craftsmanship with modern designs, catering to customers looking for statement jewellery pieces.
Utsaav’s collection includes earrings, necklaces, pendants, rings, bracelets, bangles, and kadas, available in oxidized, cocktail, and wedding styles. The brand is offering a flat 30 percent discount on jewellery to mark the launch.
Aditya Modak, Co-Founder of Gargi by PNGS stated, "Jewellery should never be an afterthought; it should be the showstopper. With Utsaav, we are not just launching a collection but redefining how today’s generation embraces tradition. This is jewellery that speaks, celebrates, and demands attention. Whether it’s a grand wedding or just another day, Utsaav is here to make every moment unforgettable."
Gargi has been expanding across Maharashtra and Delhi, surpassing its Rs 100-crore revenue target in December 2024, ahead of the projected March 2025 timeline. The brand recently opened a new store at Seasons Mall, Pune, on January 31, 2025, and another in Gurgaon on February 8, 2025.
The Utsaav collection is available online at www.utsaav.shop and in Gargi stores, with services including free shipping, COD, and secure payments, ensuring accessibility for customers.
Cut&Style, one of India’s fastest-growing salon chains, has officially launched its newest store in Sector 119, Noida, further solidifying its presence in the Delhi-NCR region. This new opening marks a significant milestone in the brand’s journey, as it becomes the first and only premium salon destination in this thriving locality.
Celebrating 25 years of excellence, Cut&Style’s expansion into Noida is part of its broader strategy to bring luxury salon services closer to India’s rapidly evolving urban landscape. To celebrate this grand occasion, the brand is offering an exciting 100 percent Cashback on all services throughout the month of February, inviting customers to experience its premium offerings at an unbeatable value.
The new salon in Sector 119 promises a unique experience, providing a tranquil escape from the stresses of daily life. Known for its high-quality services and luxury treatments, Cut&Style currently operates 130 stores across India and plans to expand its footprint to 200 outlets by the end of 2025, positioning itself as a leader in India’s growing beauty and wellness sector. This growth strategy aligns with the brand’s commitment to enhancing its market position while catering to an increasingly diverse and affluent customer base.
Aditya Sharma, Chief Executive Officer, Cut&Style said, “The launch of our new Cut & Style store in Noida Sector 119 marks a significant milestone in our 25-year journey. While Noida itself is a rapidly expanding market, it can be the next Gurgaon for us in terms of expansion. This locality stands out, particularly with a dynamic population looking for high-quality salon services. We're proud to be the only salon here. We believe in empowering individuals to look and feel their best. For today's consumers, personal care is no longer a luxury; it's a priority. We've noticed a significant shift in consumer behavior, highlighting strong demand for the premium yet affordable offerings we provide. At Cut & Style, the positive feedback from our growing customer base is our greatest motivator which drives us to expand our footprint across the country.”
With aggressive expansion plans in place, Cut&Style aims to open at least 25 new outlets across India by the end of 2025. The brand’s continued growth is expected to inspire confidence among investors, strengthening its reputation as a leader in the beauty and wellness industry. By tapping into the untapped market of Noida Sector 119, Cut&Style is poised to become India’s go-to salon brand for discerning customers who seek top-notch services and premium experiences.
Marks & Spencer (M&S) has strengthened its international leadership team with three key appointments, reinforcing its commitment to strategic growth in global markets.
Manish Kapoor is set to assume the role of managing director at M&S India in April, transitioning from his position at Pepe Jeans, where he played a pivotal role in driving business expansion. Victoria Jones, who previously held leadership roles at Clarks, has already stepped into the position of commercial director, international. Richard Davies has been promoted to international partnerships director, building on his experience as head of category for brands at M&S.
These leadership changes come as part of M&S’s broader international business reset, an initiative aimed at fostering sustainable expansion through capital-light partnerships and an enhanced multi-platform online strategy. The company is focused on streamlining operations and leveraging new market opportunities while ensuring a seamless shopping experience for customers worldwide.
All three executives will report to Mark Lemming, Managing Director, International, who was appointed last year to lead M&S’s efforts in reshaping its global presence. His leadership is expected to drive innovation and strengthen the company’s foothold in key international markets.
The company’s international business reset is designed to streamline operations, enhance efficiency, and strengthen relationships with key stakeholders. By investing in leadership talent and refining its global approach, M&S is positioning itself for sustained success in competitive markets. The retailer is also placing greater emphasis on localizing its offerings to meet the evolving needs of diverse consumer bases while maintaining its signature brand identity.
"Our international business reset prioritizes careful, strategic action to build a strong base for long-term growth. These appointments are crucial to this plan. Manish, Victoria, and Richard each bring valuable experience and fresh perspectives to our international reset and future growth strategy,” shared Mark Lemming.
With these strategic appointments, M&S aims to enhance its global operations, foster strong partnerships, and build a resilient foundation for sustained international success.
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