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SoftBank eyes 40% stake in FirstCry for $400 million

The Tokyo-headquartered investment giant is set to invest $400 million for an over 40% stake in BrainBees Solutions, which owns and operates FirstCry.

January 18, 2019  |  comments ( 0 )  | 

Ananth Narayanan steps down as Myntra Jabong CEO

Amar Nagaram has been named as the Head of Myntra and Jabong.

January 15, 2019  |  comments ( 0 )  | 

John Jacobs looks to garner Rs 500 crore revenue by March 2021

The brand's 40% of the sales are driven by online channels, while the rest come from offline stores.

January 14, 2019  |  comments ( 0 )  | 

The Body Shop plans to launch 20 more stores in 2019

The beauty brand has a strong presence in big cities such as Mumbai, Delhi, Bangalore, Chennai, Hyderabad and Kolkata.

January 14, 2019  |  comments ( 0 )  | 

Saya Homes to invest Rs 450 cr in its 1st retail project

The project will include retail shops, six-screen multiplex, themed restaurants, banquets and more than 300 business suites.

January 11, 2019  |  comments ( 0 )  | 

LOTS Wholesale Solutions expands footprint with its third store in India

LOTS Wholesale Solutions store in Noida is the first step towards the company's commitment of investing Rs 250 crores in the state of Uttar Pradesh.

January 10, 2019  |  comments ( 0 )  | 

Daikin India aims $1 billion turnover in India in 2 years

The company is also planning to have another plant in South India in the next four years to catch up the growing AC market.

January 07, 2019  |  comments ( 0 )  | 

Urban Ladder doubles revenue in FY18

The expenses also halved to Rs 232.73 crore from Rs 560.99 crore in previous fiscal.

January 05, 2019  |  comments ( 0 )  | 

Boat plans to clock Rs 500 crore turnover in next 5 years

Boat has reported gross sales of Rs 108 crore in the financial year 2018, almost 300% jump since last financial year.

January 04, 2019  |  comments ( 0 )  | 

BigBasket's wholesale unit posts 35% revenue jump in FY18

The company's revenue in the previous fiscal stood at Rs 1,176 crore.

January 03, 2019  |  comments ( 0 )  | 

High Street Essentials raises Rs 60 crore from SAIF Partners

The fresh capital will be used towards focusing on product expansion, and also brand-building initiatives.

January 02, 2019  |  comments ( 0 )  | 

Fashion brand FabAlley raises Rs 60 crore funding

The company plans to deploy the fresh round of funding towards increasing distribution, product expansion, brand-building efforts and strengthening the technology

December 27, 2018  |  comments ( 0 )  | 

Grofers targets to earn $2.5 bn in revenue by 2020

The company at present has a revenue run rate of $360 million.

December 26, 2018  |  comments ( 0 )  | 

American Eagle Outfitters eyes launching 25 outlets in three years

Currently, American Eagle Outfitters has three operational stores spread across Delhi-NCR and Chandigarh.

December 21, 2018  |  comments ( 0 )  | 

S-Tex plans to open four retail stores in Bengaluru

The company caters to the premium American and Japanese brands across home furnishings.

December 21, 2018  |  comments ( 0 )  |