Retail

Retail

Titan Q1 report: Sales rise 12%; profit drops 5.4% to Rs 715 crore in Apr-Jun

TFW Bureau Aug 05, 2024 - 2 min read

Leading jewellery retailer and watchmaker Titan reported a 5.42 per cent decline in its consolidated net profit to Rs 715 crore for the quarter ended on June 2024. The company posted a net profit of Rs 756 crore in the April-June quarter a year ago. However, its sales were up 12.64 per cent to Rs ...

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Retail

Godfrey Phillips to go ahead with exit from retail business under 24Seven

TFW Bureau Aug 01, 2024 - 2 min read

Cigarette maker Godfrey Phillips India Ltd. recently said it is going ahead with plans to exit from the retail business operated under the ‘24Seven’ brand following the setting aside of an interim injunction on the move by a district court in the Capital. Earlier an injunction order was passed against hiving of the retail business ...

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Retail

FirstCry Parent Brainbees Solutions Launches Rs 4,194 Crore IPO, Price Band Set at Rs 440-465 per Share

TFW Bureau Aug 01, 2024 - 2 min read

The initial share sale will open for public subscription on August 6 and close on August 8 and the bidding for the anchor portion will open for a day on August 5, the company announced. The public issue of Pune-based Brainbees Solutions consists of a fresh issue of equity shares valued at Rs 1,666 crore ...

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Aditya Birla Group enters Rs 6.7 Lakh Crore Indian Jewellery Market with "Indriya"

TFW Bureau Jul 29, 2024 - 1 min read

Aditya Birla Group launched the jewellery brand 'Indriya', announcing its entry into the Rs 6.7 lakh crore Indian jewellery market. Aditya Birla Group aims to be among the top three retailers in the jewellery segment in the next five years and has earmarked Rs 5,000 crore for setting up a retail network for the jewellery ...

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Tyaani by Karan Johar Launches First Pune Store

TFW Bureau Jul 27, 2024 - 1 min read

Crafted specifically for the contemporary Indian woman, Tyaani, an exquisite jewellery brand founded by Indian filmmaker Karan Johar, unveils its latest store in Pune. Located in Kalyan Nagar, the newly launched store offers over 2,000 designs across categories such as necklaces, earrings, bangles, rings, maangtikas, and other accessories. The launch event featured celebrity designer Maheep ...

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Crossword Unveils Exciting New 15,000 sq ft Flagship Store on Linking Road, Mumbai

Beny Sachdeva Jul 27, 2024 - 1 min read

"Crossword is thrilled to announce the opening of its brand-new 15,000 sq ft flagship store on Linking Road, Mumbai. This new location is a testament to Crossword's commitment to creating immersive and experiential spaces for book lovers of all ages," announces Aakash Gupta, CEO, Crossword Bookstores Ltd. on his social media handle. The store offers ...

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Wooden Street to launch 100th store in the coming week

Parina Sood Jul 26, 2024 - 1 min read

Wooden Street, Jaipur-based home decor and furnishing brand, is all set to launch its 100th store in the coming week. The brand is moving from strength to strength and expanding its retail footprint steadily. Wooden Street has just launched its 99th store in Bengaluru. Located at Marathahalli, the newly opened store is spread across an area of 6,500 sq. ft. of retail ...

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Retail

Lulu Mall Lucknow Celebrates 2nd Anniversary, records over 3 cr Footfall in Two Years

TFW Bureau Jul 25, 2024 - 1 min read

Lulu Mall Lucknow, one of Lucknow's largest shopping and family entertainment destinations, in Uttar Pradesh recently celebrated its second anniversary. Inaugurated in 2022, the mall has welcomed approximately 3 crore visitors to date. It features over 200 stores and more than 300 renowned brands and is spread over 2.2 million sq. ft. in area. Lulu ...

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Miniso expands retail footprint, opens 15 new stores in last 45 days

TFW Bureau Jul 23, 2024 - 1 min read

Miniso, the well-known international product retailer, is expanding its retail footprint across the country. The brand has announced opening of 15 new stores in the last 45 days. The announcement was made by a senior company official on social media. New locations include places of high footfall like The Mall of Dehradun and Address One ...

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Retail

5% growth in retail sales in June 2024 vis-à-vis June 2023: RAI report

TFW Bureau Jul 22, 2024 - 1 min read

According to a recent survey by the Retailers Association of India (RAI), retail sales in June 2024 showed a growth of mere 5% as compared to the sales in June 2023. Retail businesses across regions have indicated growth in sales compared to June 2023, with South India showing the highest increase at 7%, followed by ...

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