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Bikaji Foods to acquire 53% stake in The Hazelnut Factory

TFW Bureau Oct 17 2024 - 1 min read

Bikaji Foods International Ltd recently announced that it will acquire a 53.02% stake in Hazelnut Factory Food Products Pvt Ltd for Rs 131.01 crore to mark its foray into the quick service restaurant segment. Bikaji Foods Retail Ltd (BFRL), a wholly owned subsidiary, will make a strategic investment of Rs 131.01 crore for an acquisition ...

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Revenue growth of organized luggage industry expected to decline by 8–10% in FY25: report

TFW Bureau Oct 17 2024 - 3 min read

Revenue growth of the organised luggage industry is likely to decline 8-10 per cent year-on-year this fiscal, driven by a high base as industry size almost doubled between 2021-22 and 2023-24, says a report. Demand is expected to remain stable, backed by continued penetration of hard luggage, steady tourism and corporate travel, it added. ...

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Cellecor Gadgets Limited Reports Highest-Ever Half-Yearly Sales of INR 425 Crores in H1 FY25

TFW Bureau Oct 16 2024 - 2 min read

Cellecor Gadgets Limited has reported a strong growth in the first half of FY25, showcasing strong financial performance. The company reported a total revenue of INR 425.71 crore, marking a 103.05% increase compared to H1 FY24. EBITDA surged by 98.67%, reaching INR 25.31 crore, while PAT grew by 108.26%, totaling INR 14.62 crore. When compared to ...

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Peter England launches flagship store in Bhubaneswar

TFW Bureau Oct 16 2024 - 1 min read

Coming from the house of Aditya Birla Fashion and Retail Ltd., Peter England, a leader in the Indian menswear segment has announced the launch of its flagship store in Bhubaneswar, Orissa. This marks a significant step in the brand’s journey to expand its footprint in Eastern India by launching its newest flagship store. Located ...

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Gargi by PNGS Expands with the Launch of Its 6th Store in Thane

TFW Bureau Oct 16 2024 - 2 min read

Gargi by P N Gadgil & Sons (PNGS), a distinguished name in the fashion jewellery realm, recently inaugurated its sixth store in Thane, marking yet another milestone in the brand’s rapid retail expansion. The new store is a company-owned outlet, reinforcing Gargi’s commitment to bringing high-quality, stylish, designer jewellery closer to its ever-growing customer base. ...

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Wooden Street opens 101st store in the country

TFW Bureau Oct 15 2024 - 1 min read

Wooden Street, a known name in India’s retail furniture industry, has announced the opening of its 101st store in the city of nawabs, Lucknow. This is Wooden Street’s second store in Lucknow. This expansion is a significant step for the brand, which aims to bring quality and affordable furniture to homes across India. Taking to ...

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