Retail

Retail

Samsung Inaugurates Premium Experience Store in Vasant Kunj

TFW Bureau Aug 10, 2024 - 2 min read

Samsung, India’s leading consumer electronics company, has inaugurated its new premium experience store at Ambience Mall in New Delhi’s Vasant Kunj. The store will be a one-stop solution for consumer needs around sales and customer service.It will also offer captivating consumer experiences, which includes Samsung SmartThings– a connected device ecosystem and immersive gaming Spanning a ...

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Gargi Jewellery by PN Gadgil plans to raise Rs 429.98 Mn for Expansion Plans

TFW Bureau Aug 09, 2024 - 1 min read

Gargi Jewellery by P N Gadgil and Sons has announced a plan to raise approximately Rs 429.98 million through a preferential issue of equity shares. This decision, disclosed in a Bombay Stock Exchange (BSE) filing, will see the issuance of 747,800 equity shares at Rs 575 per share, including a premium of Rs 565 per ...

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TBZ's Vision for the Future: e-commerce, franchising and changing jewellery trends

Parina Sood Aug 09, 2024 - 7 min read

How do you view the journey of the Indian jewellery market in the last five years? The Indian Jewellery market has been moving towards more national, organized players vis-à-vis traditional local jewellers in the past few years. Consumers are also continuously evolving and following trends in social media reflecting in choice of jewellery. ...

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CK Venkataraman inaugurates Tanishq's Grand New Store in Chandigarh

Beny Sachdeva Aug 09, 2024 - 2 min read

Tanishq, India's largest jewellery retail brand from the house of Tata, launched its grand new store in Sector-17C, Chandigarh. The brand new store was inaugurated by CK Venkataraman, Managing Director of Titan Company Ltd. Venkataraman, along with Vinod Kapoor,Tanishq’s multi-unit franchisee, initiated the opening with a traditional lamp lighting ceremony. The event continued with a ...

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Jockey India Licensee Reports Higher Q1 Profit Driven by Strong Athleisure Demand

TFW Bureau Aug 08, 2024 - 1 min read

Page Industries which licenses Jockey and Speedo products in India, reported a rise in first-quarter profit on Thursday, buoyed by strong demand for athleisure products. The apparel maker reported a profit of 1.65 billion rupees (nearly $20 million) for the quarter ended June 30, compared with 1.58 billion rupees a year ago. The company previously ...

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ABFRL loss after tax widens to Rs 214.92 crore in Q1

TFW Bureau Aug 07, 2024 - 1 min read

The company had posted a consolidated net loss after tax of Rs 161.62 crore in the same quarter last fiscal, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a regulatory filing. Consolidated revenue from operations stood at Rs 3,427.82 crore in the first quarter as against Rs 3,196.06 crore in the year-ago period, the ...

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Uncertainty Surrounds Future of 24Seven Stores: Will 7-Eleven Step In?

Beny Sachdeva Aug 07, 2024 - 2 min read

While there is no confirmed information yet about whether 7-Eleven, operated by Reliance Retail, will acquire the closed 24Seven stores owned by Godfrey Phillips India Ltd. However, there may be ongoing discussions. The future of the 24Seven chain remains uncertain. Established in 2005, 24Seven had nearly 145 stores operational until last week across ...

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Steady growth for Tribhovandas Bhimji Zaveri, posts five-fold jump in FY25 Q1 profit

Parina Sood Aug 06, 2024 - 1 min read

Tribhovandas Bhimji Zaveri, the well-known jewellery brand has reported a nearly five-fold jump in first-quarter profit. The company confirmed the news to Franchise India, saying its consolidated net profit rose to 113.7 million Indian rupees ($1.38 million) for the quarter ended June 30, from 24.4 million rupees a year earlier. Demand for gold remained strong ...

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Muscle & Strength India Expands Its Footprint in the Multi-Brand Supplement Market

TFW Bureau Aug 06, 2024 - 3 min read

After the success of its franchise business of multi brand supplement store, Muscle & Strength India, one of the country’s leading retailers of fitness supplements & nutritional products has entered exclusive distributorship of renowned international supplement brands in India such as JNX Sport, Ryse Supplements, DY Nutrition, Unmatched Supplements, Universal Nutrition, VMI Sports, DarkLabs, Hawk ...

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Tanishq unveils two new showrooms

Parina Sood Aug 05, 2024 - 1 min read

Tanishq, the largest jewellery retail brand under the prestigious Tata umbrella, has announced the opening of its new stores in various parts of the country. The announcement was made in separate posts on social media. Tanishq has opened a new store each in Odisha and Rajasthan. In Odisha, the brand has opened its showroom in ...

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