Skip to main content

Posts

Showing posts with the label Retail News

CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Gulf war fuels raw material inflation, FMCG firms shift to daily pricing strategy

In light of the Gulf War, consumer goods sectors are battling unprecedented rises in raw material costs. Firms are now implementing daily price surveillance and tightening their budgets dramatically. We are witnessing price hikes across a spectrum of products, potentially jeopardizing the fragile consumer spending recovery initiated by recent tax reductions. 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/gulf-war-fuels-raw-material-inflation-fmcg-firms-shift-to-daily-pricing-strategy/130473331

Judith Leiber re-enters India: Can India become its next power market?

Judith Leiber Couture has launched its first boutique in Delhi, marking its return to the Indian market. The brand plans a strategic expansion, focusing on connecting with new luxury consumers. This move aligns with global growth plans. Judith Leiber aims to become a top global market within five years. Sparsh India Couture is anchoring the brand's journey 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/luxury/judith-leiber-re-enters-india-market-can-india-become-its-next-power-market/130472468

Bhujia baron Shiv Ratan Agarwal, who built Bikaji into a global snack brand, passes away at 75

Shiv Ratan Agarwal, the visionary behind the popular Bikaji snack brand, passed away at 75. He turned a family namkeen business into a national and international success. Agarwal's journey from Bikaner's lanes to global markets showcased India's consumption boom. His strategic approach standardized, packaged, and scaled traditional snacks. Bikaji's success culminated in its stock market listing and global presence. 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/bhujia-baron-shiv-ratan-agarwal-who-built-bikaji-into-a-global-snack-brand-passes-away-at-75/130472723

West Asia crisis: Govt considering customs duty cut on critical induction cooktop components

The commerce and industry ministry has also recommended reducing the GST on these cooktops from 18 per cent to 5 per cent to improve affordability, the official said. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/home-and-decor/kitchen-and-dining/west-asia-crisis-govt-considering-customs-duty-cut-on-critical-induction-cooktop-components/130456402

No decision yet on India unit listing; exploring strategic options to boost value: Pernod Ricard

French spirits giant Pernod Ricard has stated no decision is made on listing its Indian subsidiary. The company is exploring options to enhance shareholder value. Pernod Ricard India is a leading alco-bev player. The company expects strong performance in India, its second-largest global market by value. India's premiumisation trends are driving growth. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/no-decision-yet-on-india-unit-listing-exploring-strategic-options-to-boost-value-pernod-ricard/130431476

Quick-commerce, Nescafe coffee push and Ad spends: Inside Nestle India's growth play

Nestle India achieved its best quarterly results in ten years. This strong performance was fueled by significant volume increases across its products. The company saw robust growth in its e-commerce and beverage segments. Increased advertising spending also played a key role in driving sales. Nestle India maintained healthy profit margins through efficient operations and strategic investments. 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/quick-commerce-nescafe-coffee-push-and-ad-spends-inside-nestle-indias-growth-play/130432593

Exclusive-India flips AB InBev from witness to target in antitrust probe, triggering court fight

Since 2022, the Competition Commission ​of India (CCI) has been investigating 42 alcohol retailers in Telangana, India's largest beer consuming state, for allegedly forming a cartel to exclude AB InBev's rivals, leading to a surge in market share for the Belgium-based maker of beers including Budweiser and Corona. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/exclusive-india-flips-ab-inbev-from-witness-to-target-in-antitrust-probe-triggering-court-fight/130414983

South Korea Inc meets Modi; Cos including Samsung & LG looking to expand in key market

Top South Korean business leaders met Prime Minister Narendra Modi. They discussed expanding their operations in India. Companies like Samsung, LG, and Hyundai signaled fresh investments. SK Hynix is considering a chip facility. Hyundai will develop electric mobility solutions for India. This marks a significant step in bilateral economic cooperation. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/south-korea-inc-meets-modi-cos-including-samsung-lg-looking-to-expand-in-key-market-export-more/130406108

Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith Sivanandan

Tata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, investments, and insurance. This strategic shift acknowledges that existing Tata businesses already have strong customer relationships, aiming for Tata Neu to complement rather than compete with them. 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/revamped-tata-neu-to-bet-on-loyalty-financial-services-tata-digital-ceo-sajith-sivanandan/130406138

BSH India eyes doubling market share to 8 pc by 2030, sharpens premium play and localisation push

BSH Home Appliances is set to significantly expand its presence in India. The company plans to double its market share to 8% by 2030. This ambitious growth will be driven by premium products and increased local manufacturing. BSH will also expand its retail footprint, adding hundreds of new stores. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/bsh-india-eyes-doubling-market-share-to-8-pc-by-2030-sharpens-premium-play-and-localisation-push/130365029

FMCG sector set for steady Q4 on rural demand and volume growth

The FMCG sector anticipates a steady March quarter, buoyed by stable rural demand and urban recovery, despite subdued pricing in some segments. While raw material costs were supportive for most of the quarter, recent increases in crude-linked inputs may impact margins. Companies with strong execution and premium portfolios are expected to lead performance. 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/fmcg-sector-set-for-steady-q4-on-rural-demand-and-volume-growth/130382219

Gold demand set to remain resilient ahead of Akshaya Tritiya; Bullion remains preferred safe-haven for wealth creation

Gold demand and consumer sentiment remain firm ahead of Akshaya Tritiya on Sunday, April 19, as retail investors look to bullion as a preferred avenue for wealth creation. Despite elevated price levels, the festival continues to serve as a primary driver for the precious metals market, supported by a year where gold delivered gains exceeding 60 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/gold-demand-set-to-remain-resilient-ahead-of-akshaya-tritiya-bullion-remains-preferred-safe-haven-for-wealth-creation/130346937

Bajaj Consumer Care Q4 profit up two-fold to Rs 64 cr

The company had logged a net profit of Rs 30.98 crore in January-March FY25, as per a regulatory filing from Bajaj Consumer Care, part of the Bajaj Group of companies. 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/bajaj-consumer-care-q4-profit-up-two-fold-to-rs-64-cr/130331063

Walmart's Flipkart plans foray into India's ticketing market as live events boom, sources say

One of the sources said Flipkart was aiming to launch into the market in May, pitting it against Accel-backed BookMyShow and Zomato's District ​to take advantage of rising disposable incomes ⁠and wider ‌smartphone use in the world's most populous nation. 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/walmarts-flipkart-plans-foray-into-indias-ticketing-market-as-live-events-boom-sources-say/130330902

Indian restaurants' 'slowdown' is ringing up a ₹79,000 cr bill as Iran war chokes LPG supply

The Indian dining scene is looking at a staggering monthly loss of ₹79,000 crore as a result of a commercial LPG shortage. This hiccup is forcing all types of eateries to shut down temporarily or seek alternative cooking methods. 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/indian-restaurants-slowdown-is-ringing-up-a-79000-cr-bill-as-iran-war-chokes-lpg-supply/130305500

WPI inflation rises to 38-month high of 3.88 pc in March on higher fuel prices amid West Asia crisis

Government data released on Wednesday showed that the Wholesale Price Index (WPI)-based inflation rose for the fifth straight month in March as core inflation accelerated, amid softening of primary food items. As higher energy prices eventually generalise to other commodity prices, we expect WPI inflation to rise further in the coming months. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/wpi-inflation-rises-to-38-month-high-of-3-88-pc-in-march-on-higher-fuel-prices-amid-west-asia-crisis/130296928

Bosch may launch AC brand in India; Hitachi label to stay

Bosch Home Comfort India is evaluating the launch of Bosch-branded air conditioners in India, which would mark its potential entry into the AC segment in Asia, while continuing sales under the existing Hitachi brand through a long-term licence. The company, now operating as Bosch Home Comfort India after acquiring a controlling stake in the former Johnson Controls–Hitachi JV, is also investing heavily in R&D and navigating rising costs from raw materials, logistics, and stricter efficiency norms, which are expected to push prices higher. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/bosch-may-launch-ac-brand-in-india-hitachi-label-to-stay/130267366

Burjis Godrej elevated as Agrovet chair amid leadership shift

Pirojsha Godrej, Adi Godrej's son, will take over as chairperson of the group and Godrej Industries from August 14. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/burjis-godrej-elevated-as-agrovet-chair-amid-leadership-shift/130250945

Sharon Pais takes over from Nandita Sinha at Myntra, bets on M-Now for growth

Despite the leadership changes, Myntra's "strategies and operational priorities" will remain unchanged, said Pais, who now reports to Flipkart Group CEO Kalyan Krishnamurthy. Alongside M-Now, the company will continue to focus on expanding its brand portfolio and AI-led discovery as core growth drivers. 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/sharon-pais-takes-over-from-nandita-sinha-at-myntra-bets-on-m-now-for-growth/130231627

Consumer company CTOs want engineers who can think, not just code

Engineering hiring in such companies has risen 210% between 2024 and 2025, with strong demand for software developers, DevOps engineers, solution architects, and AI/ML specialists, staffing services company CIEL HR said. Data, analytics, and operations roles now account for over half the hiring demand. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/consumer-company-ctos-want-engineers-who-can-think-not-just-code/130224795