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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

What valuation concerns? Lenskart IPO gets big thumbs-up from market as investors pour Rs 1 lakh crore in bids

Lenskart's IPO garnered immense investor interest, attracting bids exceeding Rs 1.1 lakh crore and subscribing 28.2 times. Strong demand from institutional buyers, HNIs, and retail investors underscored confidence in the eyewear retailer's growth potential and dominant market position, despite valuation concerns. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/accessories/what-valuation-concerns-lenskart-ipo-gets-big-thumbs-up-from-market-as-investors-pour-rs-1-lakh-crore-in-bids/125087230

Westlife Foodworld posts Rs 27.7 cr profit in Q2

Westlife Foodworld reported a significant jump in net profit to Rs 27.7 crore for the September quarter of FY26, driven by a Rs 58.16 crore gain from a property redevelopment transaction. Despite a challenging demand landscape, the company's sales increased by 3.6% to Rs 637.48 crore, with gross margins expanding due to supply chain efficiencies and cost optimisation. 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/westlife-foodworld-posts-rs-27-7-cr-profit-in-q2/125076602

Arvind Fashions' Q2 profit jumps 27%; new CEO steers focus to categories and retail growth

Arvind Fashions Limited saw a significant profit jump of 27 percent in the September quarter. Revenue also grew, driven by strong online sales and direct customer channels. The company's focus on its brands and expanding retail presence is paying off. Improved operating efficiencies contributed to higher profits. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/arvind-fashions-sees-27-profit-surge-in-q2-under-new-ceo-amisha-jain/125058827

Only govt-run liquor shops likely in Delhi’s new excise policy: Big changes ahead for drinkers

Delhi's upcoming excise policy will continue with government-run liquor stores, aiming for larger, better-designed outlets in malls and shopping complexes. The policy also proposes moving shops away from residential areas and overhauling the profit margin system to encourage stocking premium brands. This aims for a more transparent and socially aware retail environment. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/only-govt-run-liquor-shops-likely-in-delhis-new-excise-policy-big-changes-ahead-for-drinkers/125047299

Is America running out of pennies? Trump’s cost-cutting plan leaves retailers counting losses; what it means

America faces a severe penny shortage after President Trump halted production. Retailers and banks are struggling with cash transactions, with some businesses offering incentives to bring pennies back. The abrupt decision, aimed at cost-saving, has left commerce in disarray, prompting calls for government clarity as the holiday season approaches. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/is-america-running-out-of-pennies-trumps-cost-cutting-plan-leaves-retailers-counting-losses-what-it-means/125009585

Gold demand dips 16% in India amid high prices

India’s gold demand fell 16% year-on-year to 209.4 tonnes in the July–September quarter, even as value rose 23% due to higher prices, according to the World Gold Council (WGC). Jewellery demand dropped 31% to 117.7 tonnes, while investment demand surged 20% to 91.6 tonnes, as consumers turned to bars and coins as a long-term asset. 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-dips-16-in-india-amid-high-prices/124950347

Festive deals or digital traps? How cybercriminals are mimicking brands to dupe shoppers

As India's festive season peaks during this quarter, cybercriminals find ways using AI for sophisticated scams like fake QR codes and brand impersonations. Retailers and consumers must prioritize 'trust' as the new currency in digital commerce, says Karthik Krishnan, Partner at Deloitte India. Proactive measures, including enhanced security and consumer awareness, are crucial to combat evolving cyber threats and protect India's economic aspirations, Krishnan adds. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/beware-of-festive-scams-cybercriminals-target-shoppers-with-ai-impersonation/124932714

Oroos raises Rs 20 crore to build a ‘Make in India’ packaged food brand for Bharat’s rising consumers

Oroos Confectionery has secured Rs 20 crore in funding led by Fireside Ventures to establish a manufacturing facility and distribution network for affordable packaged foods. The 'Make in India' brand aims to cater to aspirational consumers in tier 2 and tier 3 towns, targeting 25,000 general trade outlets initially. 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/oroos-raises-rs-20-crore-to-build-a-make-in-india-packaged-food-brand-for-bharats-rising-consumers/124876637

India plans cost roadmap to regain textile edge over Bangladesh, Vietnam, China

India is developing a comprehensive cost roadmap for its textiles sector to regain global price competitiveness against rivals like Bangladesh, Vietnam, and China. This plan, spanning short, medium, and long terms, aims to lower production and export costs by addressing raw materials, logistics, energy, and taxation. The initiative also seeks to boost R&D and innovation to achieve ambitious export targets. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/india-plans-cost-roadmap-to-regain-textile-edge-over-bangladesh-vietnam-china/124888521

Puma India MD Karthik Balagopalan quits

PUMA India's Managing Director, Karthik Balagopalan, has resigned. He is leaving to focus on family matters in Germany. Balagopalan has been with PUMA since 2006 and became MD in May 2023. He previously held global retail and e-commerce roles. PUMA has not yet announced his replacement. The company wishes Balagopalan well. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/sportswear/puma-india-md-karthik-balagopalan-quits/124866355