The International Operated Markets segment decreased 2.1%, International Developmental Licensed Markets segment decreased 3.5%. However, the consolidated revenues increased 3% (2% in constant currencies).
Companies such as LG Electronics, Panasonic, Sony, Godrej Appliances and Haier started festive sales with a good kick start from the Onam festival and expect to continue the momentum till the remaining week of the nearly 45-day festive period.
In Q4 FY2024, Kalyan Jewellers recorded consolidated revenue growth of approximately 34% when compared to the same period in the previous financial year.
French sporting goods retailer Decathlon is planning to invest 100 million Euros (around Rs 933 crore) in India in the next five years. The sports company is also planning to expand its footprint in the country to include more cities as well as stores.
Kalyan Jewellers Q3: 24 Kalyan showrooms opened in India, first company-owned showroom opened in the US, digital platform Candere recorded 89% revenue growth.
Neville, a 32-year-old former student at Bayes Business School, is the half-brother of Ratan Tata, the chairman emeritus of Tata Sons, and the son of Noel Tata, chairman of Trent Ltd.
Hilton has strengthened its presence in North India with the signing of DoubleTree by Hilton Chandigarh Kakrali, its first property in the Greater Chandigarh region.