Retail

Retail

Technosport Expands South India Operations, Targets 16 New Stores in FY24

TFW Bureau Aug 24, 2024 - 2 min read

Technosport, the Tiruppur-based sportswear brand, is poised for significant growth in South India, with plans to launch 15-16 new stores across Karnataka, Tamil Nadu, Andhra Pradesh, and Telangana during the current financial year. This ambitious expansion strategy reflects the brand’s commitment to enhancing its footprint and making its high-quality sportswear and athleisure products more accessible ...

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Retail

Stone Sapphire India appoints Shobhit Singh as CEO in a move to drive growth

TFW Bureau Aug 22, 2024 - 2 min read

Stone Sapphire India Pvt Ltd- known for its wide range of products, including toys, stationery, homeware, and sports equipment- has appointed Shobhit Singh as its new CEO. Shobhit Singh has been a key figure in driving innovation and growth at Stone Sapphire India. In his new role, he is expected to lead the company toward ...

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Retail

GIVA opens flagship store in Delhi

TFW Bureau Aug 22, 2024 - 1 min read

Giva, a fine jewellery brand of silver, gold and lab grown diamonds, has opened its flagship store in Delhi. The new store is located in D Mall, Rohini, North Delhi. The news was shared by Rahuul Kakkar, Founder, Space Acquires. Headquartered in Bengaluru, GIVA has grown to be the largest D2C jewellery brand in India that has gained people’s trust as ...

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Retail

Neville Tata Takes Over Star Bazaar

TFW Bureau Aug 21, 2024 - 1 min read

Neville Tata has taken over as CEO of Star Bazaar, Trent Ltd.’s hypermarket division, a significant Tata Group retail business.Trent Ltd. has designated the hypermarket segment as a primary growth target, under the direction of Chief Executive P Venkatesalu. 66 Star Bazaar outlets are run by Trent Hypermarket, a 50:50 joint venture between Tata and ...

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Retail

Merger of TCNS Clothing into Aditya Birla Fashion and Retail approved by the NCLT

TFW Bureau Aug 20, 2024 - 1 min read

Aditya Birla Fashion and Retail Ltd (ABFRL) says the National Company Law Tribunal (NCLT) has approved the merger of the company with TCNS Clothing. The merger has been approved under a Scheme of Amalgamation by way of Merger by Absorption. The order, pronounced on August 2, 2024, was officially sanctioned by NCLT, with ABFRL confirming ...

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Retail

Bata eyes festive season boost, expansion as e-commerce drives growth

TFW Bureau Aug 20, 2024 - 3 min read

Terming “sluggish consumption” as “temporary”, leading shoemaker Bata expects a revival in coming quarters, helped by festive season demand and retail expansion, according to its India chief executive director Gunjan Shah. The company expects e-commerce, which is now a “profitable” and “viable” business, to be its growth driver as it has been expanding online sales ...

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Retail

Key Strategies for Retail Success: Resizing, Renovating and Relocating

Beny Sachdeva Aug 19, 2024 - 4 min read

In the pragmatic & dynamic world of retail, to be seen and present everywhere and staying ahead of competitors engages more than just offering excellent products and services. Retailers must time and again adapt to growing and changing consumer preferences, technological advancements, and market shifts. Post Covid, especially in the last two years that have ...

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Retail

FirstCry Goes Public: Chiratae Ventures Celebrates the Success of Its Longest-Standing Portfolio Company

Beny Sachdeva Aug 13, 2024 - 2 min read

FirstCry, the leading omnichannel retailer in the baby and maternity products space, has officially announced its public listing, marking a significant milestone in its 14-year journey. As a company that has consistently led the way in innovation and growth since its inception in December 2010, FirstCry stands tall as one of the most successful consumer ...

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Cellecor Gadgets expands presence with 2 more new Exclusive Brand Stores in New Delhi and Mizoram

TFW Bureau Aug 13, 2024 - 2 min read

These openings mark a significant stride in Cellecor's commitment to embracing diverse markets, expanding its reach into key regions and reflecting its commitment to accessibility, quality, and innovation across varied markets. The Mizoram Exclusive Brand Store extends Cellecor's footprint to India's northeastern border, bridging geographical gaps to offer state-of-the-art consumer electronics. This expansion underscores the company's dedication ...

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Retail

India Retail Market to Reach $1.4 Trillion by 2027: Reliance Report

TFW Bureau Aug 10, 2024 - 3 min read

The Indian retail market is one of the fastest growing markets in the world, expected to cross USD 1.4 trillion by 2027, said the latest annual report of Reliance Industries (RIL). RIL operates the country's leading retailing firm Reliance Retail.India is poised to become the third-largest retail market by 2030, the report ...

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