Franchise Business Opportunities In India

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

Indian apparel retailer Raymond Lifestyle posted an around 10% drop in second-quarter profit on Wednesday, hurt by rising raw material costs and higher spending on from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/indias-raymond-lifestyle-profit-drops-on-higher-costs/135289588

Indian jewellers are delaying gold purchases ahead of the festive season, betting that prices will fall further after dropping below $4,000 an ounce. MMTC-PAMP India says large jewellery chains remain cautious, while higher import duties, subdued rural demand and tighter import rules are expected to weigh on gold demand and imports during the October-December quarter. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/india-jewellers-hold-off-gold-buying-betting-prices-will-drop/135250217

Tata Group's Trent has entered into a licensing agreement with Caffe Nero to establish cafes in their retail stores. This decision follows unsuccessful negotiations with Tata Starbucks over a similar partnership. The differences included store formats, locations, and the desired prominence of the Starbucks brand. The terms of the Caffe Nero deal remain undisclosed, with potential for significant expansion in India. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/a-fresh-brew-trent-set-to-serve-up-caffe-nero-at-westside-zudio-outlets/135223386

Lulu Group email fraud: Kochi City Police have registered a case and launched an investigation into an alleged email impersonation fraud in which unidentified persons posing as representatives of an Italian company cheated Lulu Group of around Rs 1.64 crore. According to the FIR, the fraudsters sent fake invoices and bank details for gaming equipment payments, prompting the group to transfer 150,500 euros to accounts provided by them. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/entertainment/lulu-group-loses-rs-1-64-crore-in-email-fraud-how-impersonators-used-italian-companys-identity-to-cheat-retail-giant/135201367

Titan Company's luxury brand Zoya aims to reach ₹500 crore in revenue by FY27 as India's luxury jewellery market expands. It is targeting high-net-worth individuals who seek exclusive and unique jewellery pieces over traditional options. Zoya specialises in coloured gemstones, offering intricate craftsmanship and a range of prices to appeal to affluent consumers. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/titan-company-brand-zoya-seeks-to-cash-in-on-rising-high-end-jewellery-demand-eyes-rs-500-crore-revenue-by-fy27/135159730

Wonderchef has doubled its quick-commerce inventory allocation as Farmley sees festive demand rise. Amazon reports a more than threefold increase in home-upgrade shopping volume, while INALSA says its inventory preparedness is at about 80% of last year’s level. 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/quick-commerce-becomes-a-festive-gifting-channel-but-brands-are-not-equally-stocked-for-it/135131810

Albinder Dhindsa, CEO of Eternal, voiced skepticism regarding the potential for private labels to enhance profit margins. He emphasised that effective brand development mandates considerable investment in both marketing and product development, areas where Blinkit falls short. 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/blinkit-sees-no-compelling-case-for-expanding-private-labels-says-dhindsa/135105216

Watchdog agencies in states such as Uttar Pradesh and Uttarakhand are among those that have made this mandatory. The directive aims to help consumers assess freshness as inspections have revealed that buyers were not always given clear information about when sweets were made or how long they remained suitable for consumption, the agencies said. 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/sweet-sellers-face-heat-over-shelf-life-rules-ahead-of-diwali/135080256

Flipkart is gearing up to introduce a food-delivery service that will challenge prominent players like Zomato and Swiggy. Currently in the pilot phase, the company is boosting its logistics team to support this expansion. The vision is to seamlessly integrate food delivery into its app, adding to its variety of services as the digital food-ordering market in India evolves and competitors innovate rapidly. 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/flipkart-may-be-planning-to-challenge-zomato-and-swiggy-with-food-delivery-business/135067939

MillD is increasing its manufacturing capacity tenfold to 200 tonnes per day with a new facility. The company targets revenue of Rs 225 crore in FY28 and Rs 700 crore in FY29. Currently, MillD generates an annualised revenue run rate of Rs 110 crore within its first eight months of operation. The product is aimed at the wheat flour market, offering a high-protein alternative at Rs 250 per kg. 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/milld-to-scale-capacity-10-fold-with-new-bengaluru-plant-targets-rs-700-cr-revenue-by-fy29/135063582

Paul John, founder of John Distilleries, is considering retaining a minority stake of 10% to 20%. Sazerac, which now holds 65.7% of the company, values John Distilleries at about ₹4,500 crore. The company's revenue increased by 15.1% to ₹10,820 crore in FY26, and net profit surged significantly. However, escalating state duties in Karnataka are impacting retail prices and consumption. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/paul-john-may-retain-10-20-per-cent-stake-in-john-distilleries-after-sazerac-takeover/135060173

Amid rising food inflation, many Indian restaurants are implementing various strategies to manage costs. These strategies include pausing high-cost menu items and introducing smaller portions for diners. Increased operational expenses due to regulatory compliance have also led to price hikes for consumers. Many restaurant operators indicate they must share some inflation costs with patrons to maintain profitability. Consequently, price increases of 10-15% are expected across several restaurants in Mumbai. 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/eateries-cut-corners-as-high-costs-and-hygiene-crackdowns-take-a-toll/135037919