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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Diageo's India unit searched as state tax officials review Scotch imports

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

India’s running boom has Nike, Asics sprinting for the next $10 billion

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 spreads beyond the North as D2C sales surge 64%

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

India's Raymond Lifestyle profit drops on higher costs

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

India jewellers hold off gold buying, betting prices will drop

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

A Fresh Brew: Trent set to serve up Caffe Nero at Westside, Zudio outlets

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 loses Rs 1.64 crore in email fraud: How impersonators used Italian company’s identity to cheat retail giant

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 brand Zoya seeks to cash in on rising high-end jewellery demand, eyes Rs 500 crore revenue by FY27

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

Quick commerce becomes a festive gifting channel, but brands are not equally stocked for it

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

Blinkit sees no compelling case for expanding private labels, says Dhindsa

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

Sweet sellers face heat over shelf life rules ahead of Diwali

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 may be planning to challenge Zomato and Swiggy with food delivery business

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 to scale capacity 10-fold with new Bengaluru plant, targets Rs 700 cr revenue by FY29

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 may retain 10-20 per cent stake in John Distilleries after Sazerac takeover

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

Eateries cut corners as high costs and hygiene crackdowns take a toll

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

Lighter pieces, smarter buys: What jewellers are betting on this festive season

The backdrop is a record-priced metal. Between April and June, India’s jewellery demand fell 15 per cent by volume, even as total spending on gold hit a record Rs 1.98 lakh crore. The quarter’s average domestic price was Rs 1.51 lakh per 10 grams, against Rs 94,876 a year earlier, before duty and GST. In May, the Prime Minister asked households to avoid buying gold jewellery for a year unless needed, and the effective import duty rose from 6 to 15 per cent. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/lighter-pieces-smarter-buys-what-jewellers-are-betting-on-this-festive-season/135006830

Nestlé India says rising inflation, particularly food inflation, is a reality

Nestlé India has reported a strong 20.5% increase in sales for the September quarter. Profit after tax rose significantly due to robust volume growth across its product categories. Despite challenges from rising food inflation and volatile commodity prices, the company aims to enhance operational efficiencies. Investment in advertising and marketing increased as brand growth remains a priority for the organization. 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/nestl-india-says-rising-inflation-particularly-food-inflation-is-a-reality/134963073

Manam Chocolate scales its farm-to-store play, targets Rs 100 crore revenue and 18 outlets

Manam Chocolate is targeting a revenue of over Rs 100 crore in the current financial year. The company plans to expand its experiential retail network across major metros in India. It expects to open around 18 stores, including 13 experience stores, by the end of the next financial year. Manam operates a cacao-to-consumer business and aims to grow its online revenue channels. 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/manam-chocolate-scales-its-farm-to-store-play-targets-rs-100-crore-revenue-and-18-outlets/134958696

Udaan sees growth after four years with 13 per cent rise in revenues

Udaan has shifted to a cluster-led operating model with greater accountability for performance at the city and category levels, according to Vishnu Menon, the company’s senior vice president, business finance. The approach marks a move away from expanding across markets towards improving efficiency and profitability in existing ones, he said. 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/udaan-sees-growth-after-four-years-with-13-per-cent-rise-in-revenues/134956656

PepsiCo India expands zero-sugar beverages, millet-based snacks in portfolio push

In its foods business, PepsiCo restaged Quaker in 2026 to highlight its protein, fibre and wholegrain content. Its portfolio also includes Red Rock Deli baked variants with 40 per cent less fat and Kurkure Jowar Puffs, a millet-based snack. The company said its convenient foods portfolio across brands such as Lay’s, Kurkure, Doritos, Cheetos, Uncle Chipps, Quaker and Red Rock Deli is made without artificial flavours or colours. 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/pepsico-india-expands-zero-sugar-beverages-millet-based-snacks-in-portfolio-push/134913499