Franchise Business Opportunities In India

Popees Baby Care India Limited has received approval for a strategic share-swap deal aimed at securing a majority stake in Popees Baby Care Products Limited, which will elevate the promoter's shareholding to 69.63%. As part of its ambitious growth strategy, the company is set to enhance its retail presence, targeting 1,000 stores nationwide by 2026 while also venturing into the Gulf Cooperation Council markets. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/toys-kids-and-baby/kidswear/popees-baby-care-india-to-acquire-99-31-pc-stake-in-operating-business-in-rs-511-crore-share-swap-deal/135591275

India revenue increased 35.3 per cent to Rs 1,668 crore, supported by 26.5 per cent growth in eyewear volumes and same-store sales growth of 20.8 per cent. Lenskart added 143 net stores in the quarter, including 94 in Tier 2 and smaller markets, and entered 61 new cities. Its India network reached 2,868 stores across 665 cities. The company also reported 1.03 crore active Lenskart Gold members in India, up 38.6 per cent year-on-year. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/accessories/lenskart-q2-profit-more-than-doubles-to-rs-232-crore-revenue-rises-32-5-pc-to-rs-2845-crore/135555512

Leasing activity remained strong, with the company achieving re-leasing spreads of 25 per cent on 0.5 million sq ft during the quarter. Its balance sheet had a debt cost of 7.2 per cent, down 30 basis points year-on-year, an 18 per cent loan-to-value ratio and an AAA/Stable credit rating. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/nexus-select-trust-q2-noi-rises-8-pc-to-rs-504-crore-declares-rs-359-crore-distribution/135519486

ITC reported a 20% decline in standalone net profit for the September quarter despite a 45% increase in revenue. The rise in cigarette taxation significantly impacted profitability, forcing ITC to absorb part of the price hikes. Non-cigarette businesses showed strong growth, achieving the highest revenue growth in 14 quarters. Factors such as inflation and geopolitical tensions continue to affect the operating environment. 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/itc-q2-net-profit-falls-20-as-high-taxes-keep-margins-in-check/135478870

Ferrero sees India as a key market, expecting its growth in the premium chocolate segment. The company aims for sustainable growth, expanding its brand portfolio, strengthening distribution and building a sustainable growth trajectory. The company plans to enhance its presence in smaller cities, through wider retail distribution and e-commerce platforms. They are tapping into the Indian traditions and consumer aspirations through targeted campaigns. 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/ferrero-sees-india-entering-top-10-global-markets-bets-on-premiumisation-ramps-up-product-launches/135442429

In India, Millennials are leading the adoption of artificial intelligence for shopping, with 84 percent using AI tools. Gen Z follows closely at 74 percent, showcasing a growing trend across age groups. The report reveals that India ranks second globally for AI shopping adoption, with 76 percent of consumers utilizing such tools. Trust in AI-powered shopping is notably high in India, with 87 percent expressing confidence in AI tools. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/millennials-lead-ai-shopping-adoption-in-india-at-84-pc-ahead-of-gen-z-mckinsey/135442757

Gen Zers are embracing self-gifting while shopping for family and friends. Personalised gifts reflecting interests and lifestyles are becoming the norm during festivals. There is an increasing focus on supporting small businesses and understanding product provenance. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/gen-z-rewrites-festive-gifting-with-ai-assisted-picks-artisanal-hampers-and-self-gifting/135442754

United Spirits, the Indian subsidiary of Diageo, was searched by Maharashtra tax authorities due to an investigation. The authorities are probing the misclassification of Scotch imports to determine if companies paid lower tariffs. United Spirits previously faced scrutiny from the Directorate of Revenue Intelligence in an industry-wide inquiry. Despite the searches, the company stated there was no impact on its financial and operational activities. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/diageos-india-unit-searched-as-state-tax-officials-review-scotch-imports/135387915

Nike has introduced the Vegam Run, its first running shoe tailored for the Indian market. Priced at Rs 3,795, it aims to attract more consumers during a time of increasing running participation. As global sportswear brands recognize the expanding market, both Asics and Adidas are also enhancing their offerings in India. While Asics plans significant growth, Adidas is expanding its manufacturing footprint in the country. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/sportswear/indias-running-boom-has-nike-asics-sprinting-for-the-next-10-billion/135338371

Karwa Chauth shopping is expanding beyond north India, with direct-to-consumer sales on GoKwik’s network rising 64% year-on-year in the six days before the festival. Demand for festival-labelled products grew sharply in central, western and eastern India, creating opportunities for brands across jewellery, beauty and ethnic wear. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/karwa-chauth-shopping-spreads-beyond-the-north-as-d2c-sales-surge-64/135338203