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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

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Rs 650 crore Honasa block deal draws marquee institutional participation as growth and profitability gain momentum

The momentum has continued into FY27, with the company reporting strong growth and a significant expansion in EBITDA and PAT in Q1 FY27. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/rs-650-crore-honasa-block-deal-draws-marquee-institutional-participation-as-growth-and-profitability-gain-momentum/134611794

Huma Qureshi-backed saree brand Freefall targets first-year break-even

Freefall, co-founded by Huma Qureshi, targets break-even within its first year and aims for substantial sales. The saree brand has initiated its operations with an e-commerce-first strategy and plans to develop an offline presence later. The collection features handwoven sarees that combine traditional craftsmanship with modern aesthetics, appealing to urban women. As the brand continues to grow, it plans to introduce new collections every few months. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/huma-qureshi-backed-saree-brand-freefall-targets-first-year-break-even/134609381

Buoyant Q2 demand for consumer goods lifts festive sales outlook

Consumer demand in India saw significant growth during the July-September quarter, particularly in appliances and FMCGs. Sales of air conditioners, refrigerators, and branded apparel experienced double-digit growth closely following the festive season. Price increases partially influenced this growth amidst a low base from last year. Despite higher commodity costs and a weaker rupee, consumer sentiment appears to be positive. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/buoyant-q2-demand-for-consumer-goods-lifts-festive-sales-outlook/134606238

Vadilal Industries strikes fresh deal with Vadilal Enterprises amid family dispute

Vadilal Industries Ltd has signed a revised supply agreement with Vadilal Enterprises for a 12-month period. This agreement is set to be effective from November 1, 2026, to October 31, 2027. The previous 10-year agreement was due to end on September 30, 2026, and could not be renewed. A family dispute within the promoter Gandhi family has complicated operational issues and leadership restructuring. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/vadilal-industries-strikes-fresh-deal-with-vadilal-enterprises-amid-family-dispute/134606058

Under-the-counter cash gold sales boom in India as high prices and taxes bite

High gold prices, combined with higher taxes, are encouraging more buyers to engage in cash transactions. This trend allows buyers to save significantly compared to official market prices based on reported cases. As import levies have doubled, the informal gold market is thriving, especially in the lead-up to wedding season. Retail customers are discovering varying discounts, influencing their purchasing decisions significantly. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/under-the-counter-cash-gold-sales-boom-in-india-as-high-prices-and-taxes-bite/134577729

Myntra CMO Sunder Balasubramanian to step down after 4 years

In a LinkedIn post, Balasubramanian said he was concluding a tenure of close to four years at Myntra. He acknowledged the company’s leadership, marketing, customer, creative and communications teams during his tenure, without disclosing details about his next move. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/myntra-cmo-sunder-balasubramanian-to-step-down/134562526

EverBrands India files DRHP for Rs 600 crore IPO

The proceeds from the fresh issue are proposed to be deployed through its wholly owned subsidiary, Culinary Brands India Private Limited (CBIPL). Of the issue proceeds, Rs 326.85 crore is proposed to be used for capital expenditure towards setting up 460 new Subway stores under the company-owned-company-operated (COCO) format in FY28 and FY29, while Rs 125 crore is proposed for repayment or pre-payment of certain borrowings of CBIPL. The remaining proceeds will be used for general corporate purposes. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/everbrands-india-files-drhp-for-rs-600-crore-ipo/134562009

Large malls to dominate India's retail pipeline; 51.1 million sq. ft. expansion likely by 2031

Indian real estate developers are expected to add nearly 51.1 million sq. ft. of new shopping mall space over the next five years, propelling the total shopping mall stock to 143.2 million sq. ft. by the end of 2031, a report said on Monday. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/large-malls-to-dominate-indias-retail-pipeline-51-1-million-sq-ft-expansion-likely-by-2031/134535460

Thomas Scott India partners with Authentic Brands Group to bring Forever 21 to India

Vedant Bang, managing director, Thomas Scott (India) Limited, said the partnership will allow the company to expand Forever 21’s presence in India while also taking on the role of a global designated supplier for the brand. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/thomas-scott-india-partners-with-authentic-brands-group-to-bring-forever-21-to-india/134535502

Rado steps up premium play in India as Swiss watch market grows 31 pc

Rado, a Swiss watchmaker, is witnessing remarkable growth in India, marking it as its largest market globally. The brand anticipates further expansion, driven by a booming luxury segment and increasing consumer demand. Swiss watch imports into India have surged, showcasing a robust market for premium timepieces. Rado plans to enhance its production capabilities and increase its retail presence across tier-2 and tier-3 cities. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/luxury/rado-steps-up-premium-play-in-india-as-swiss-watch-market-grows-31-pc/134530087