Skip to main content

Posts

Showing posts with the label Retail News

CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

From Momos to FMCG Giant?: Wow! Momo's Daryani says, "FMCG will outgrow QSR in 10 yrs"

Foodservice company Wow! Momo is aggressively growing its FMCG business. This new venture aims to become a major revenue driver in the coming decade. The company is leveraging its popular QSR items to create packaged products. Wow! Momo expects its FMCG segment to contribute significantly to its overall revenue in the next few years. 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/from-momos-to-fmcg-giant-wow-momos-daryani-says-fmcg-will-outgrow-qsr-in-10-yrs/129993289

Emami Ltd to acquire 100% stake in Axiom Ayurveda in deal worth up to ₹200 crore

As part of the transaction, Emami has already acquired an additional 36.7% stake in the first tranche, taking its holding to 63.2%. The balance stake will be acquired in subsequent tranches, with the deal expected to close over the next three months, subject to regulatory approvals and customary conditions. 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/emami-ltd-to-acquire-100-stake-in-axiom-ayurveda-in-deal-worth-up-to-200-crore/129977345

Lenovo appoints Sumir Bhatia chief commercial officer for Asia Pacific region

Lenovo has appointed Sumir Bhatia as its first Chief Commercial Officer for the Asia Pacific region. Bhatia will lead a new commercial organization. This move aims to drive stronger commercial alignment and accelerate growth across markets like India, China, and Southeast Asia. The organization will focus on delivering Hybrid AI solutions to commercial customers. 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/lenovo-appoints-sumir-bhatia-chief-commercial-officer-for-asia-pacific-region/129945967

Consumption slowdown in Q4 to spoil full year's sales show

Price hikes, geopolitical woes drag sales of white goods, electronic items and key staples 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/consumption-slowdown-in-q4-to-spoil-full-years-sales-show/129940734

Magnum expands its 'cone-quest' with Kwality Wall's India deal

A mandatory open offer to public shareholders is currently underway in line with Indian takeover regulations and is expected to conclude within four to six months. 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/magnum-expands-its-cone-quest-with-kwality-walls-india-deal/129915642

Unilever nears deal to create $60 billion food giant with spice-maker McCormick: Report

The proposed transaction is expected to be structured as a cash-and-stock deal, with Unilever shareholders likely to own roughly two-thirds of the combined food business, the report said. 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/unilever-nears-deal-to-create-60-billion-food-giant-with-spice-maker-mccormick-report/129915740

Former Raymond Group MD and Padma Bhushan awardee Vijaypat Singhania dies at 87

Dr. Vijaypat Singhania, former MD of Raymond Group and a Padma Bhushan awardee, died at 87, his son Gautam Singhania confirmed via an X post on Saturday. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/former-raymond-group-md-and-padma-bhushan-awardee-vijaypat-singhania-dies-at-87/129891842

UAE retailers tap alternative ways to fill food aisle

In a race against time, UAE retailers are adopting creative logistics strategies to keep their inventory plentiful. A notable expedition involves a truck hauling baby snacks and crisps on a three-week journey from London to Dubai. Additionally, some are turning to swift air cargo and varied sea passage options. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/uae-retailers-tap-alternative-ways-to-fill-food-aisle/129858621

Libas hits Rs 1,000 cr ARR; eyes 30 pc growth with offline scale-up and quick commerce push

Libas, a fast fashion ethnic wear brand, has crossed a Rs 1,000 crore annual run rate. The company is profitable and growing aggressively. Libas is expanding its offline presence with new stores and sees quick commerce as a key growth driver. An IPO is being considered for the next financial year. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/libas-hits-rs-1000-cr-arr-eyes-30-pc-growth-with-offline-scale-up-and-quick-commerce-push/129841318

VCs look to glam up portfolio with fashion and lifestyle investments

Bags manufacturer Zouk is in early discussions with Tata Capital and IvyCap Ventures to raise $30-35 million, people in the know of these talks said. Bengaluru-based Slikk, which is backed by Lightspeed and Nexus Venture Partners, is in talks with Susquehanna Asia VC to raise $15-20 million. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/vcs-look-to-glam-up-portfolio-with-fashion-and-lifestyle-investments/129838097

Yazu Hospitality targets double-digit growth with 20 pc revenue jump next year

Yazu Hospitality is rapidly growing its restaurant chain. The company operates eight outlets across five cities with three brands. They are planning to open more outlets this year and are launching in Sri Lanka soon. Yazu Hospitality is also evaluating new locations in major Indian cities. 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/yazu-hospitality-targets-double-digit-growth-with-20-pc-revenue-jump-next-year/129792559

Restaurants Told Not to Add Rise in Fuel Costs to Customer Bills

"All restaurants should mark up their prices if they feel the pressure due to LPG instead of levying an extra charge," said Sagar Daryani, president, National Restaurant Association of India (NRAI). 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/restaurants-told-not-to-add-rise-in-fuel-costs-to-customer-bills/129815805

Sirona Hygiene eyes Rs 500 cr revenue in 2 years; targets 150 pc YoY growth with retail, category expansion push

Sirona Hygiene aims for Rs 500 crore revenue in two years. The brand is focusing on retail expansion and deepening its product categories. It is also re-educating consumers about its evolved offerings. Sirona is seeking fresh funds for brand building and retail growth. The company is targeting underserved segments like menopause. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/health-and-beauty/cosmetics-and-fragrances/sirona-hygiene-eyes-rs-500-cr-revenue-in-2-years-targets-150-pc-yoy-growth-with-retail-category-expansion-push/129773441

Cultfit raises $47 million from Singapore's Temasek

Fitness startup Cultfit has secured $47 million from Singapore-based Temasek. This funding marks a significant boost for the company. Cultfit's operating revenue saw a 31% increase in FY25. The company offers a range of fitness services both online and offline. This investment will likely fuel further growth and expansion for Cultfit. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/health-and-beauty/fitness/cultfit-raises-47-million-from-singapores-temasek/129768535

Consumption hit as kitchens feel the heat of LPG shortage

Consumption across key food commodities has weakened over the past three weeks, led by a sharp pullback from hotels, restaurants and the country's vast network of strefood vendors, a key driver of edible oil, flour and poultry demand, especially in the unbranded segment. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/consumption-hit-as-kitchens-feel-the-heat-of-lpg-shortage/129766882

A summer of worry for food delivery, quick commerce companies

As the summer heat waves merge with the excitement of IPL, food delivery and quick commerce platforms are bracing for a bustling season ahead. However, with riders in short supply due to the dual challenges of harvest time and upcoming elections, the landscape appears complex. 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/a-summer-of-worry-for-food-delivery-quick-commerce-companies/129766675

Reinvested Dabur dividends created valuable non-core assets: Gaurav Burman

Over the past thirty years, the Burman family has leveraged their Dabur dividends to amass a robust portfolio of non-core assets. This investment strategy has resulted in a wealth accumulation that matches Dabur's market 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/reinvested-dabur-dividends-created-valuable-non-core-assets-gaurav-burman/129766730

Food delivery startup Swish raises $38 million; valuation more than doubles

Swish, a Bengaluru-based food delivery startup, secured $38 million in funding. The investment was led by Hara Global and Bain Capital Ventures. 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/food-delivery-startup-swish-raises-38-million-valuation-more-than-doubles/129766819

Toy manufacturing startup Bidso raises Rs 63 crore led by Blume ventures

Bidso, a Bengaluru toy manufacturing startup, has secured Rs 63 crore in funding. This capital will fuel team expansion in design, operations, and demand. The company also plans to increase its manufacturing capacity. Bidso aims to scale operations both domestically and internationally. Future plans include expanding into household products and small appliances. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/toy-manufacturing-startup-bidso-raises-rs-63-crore-led-by-blume-ventures/129743911

Flipkart group CFO Sriram Venkataraman quits amid ecommerce company's IPO plans

Flipkart's Chief Financial Officer Sriram Venkataraman is departing. This move comes as the e-commerce giant prepares for its initial public offering next year. Flipkart is also shifting its domicile back to India from Singapore. The company has appointed Nishant Verman as senior vice president to support its IPO efforts. Several Singapore-based entities will merge into Flipkart Internet Private Limited. 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-group-cfo-sriram-venkataraman-quits-amid-ecommerce-companys-ipo-plans/129695312