Retail

Retail

Zoya’s artistry now shines bright at Kala Ghoda, Mumbai

Beny Sachdeva Jun 20, 2024 - 2 min read

In the heart of Mumbai's historic precinct of Kala Ghoda, where culture, luxury, and heritage converge, Noel Tata, Vice Chairman of Titan Company Limited, and Ajoy Chawla, CEO of Titan’s Jewellery Division unveiled Zoya’s exquisite new diamond boutique, the 10th in the country. Over the last fifteen years, atelier Zoya has redefined the way fine ...

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Caratlane opens new outlet in Haldwani, Uttarakhand

TFW Bureau Jun 20, 2024 - 1 min read

Omni-channel jewellery brand CaratLane – a Tanishq Partnership, has announced the opening of its latest store in Haldwani, Uttarakhand. The new store is located on the Nainital road in Haldwani. The announcement wad made by a senior company official on social media. The company is experiencing rapid growth and reached the milestone of 250 retail ...

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Retail

Levi's opens its largest mall store globally in Delhi

Beny Sachdeva Jun 14, 2024 - 1 min read

Levi's®, the iconic denim lifestyle brand, proudly announces the grand opening of the largest mall store at Pacific Mall in New Delhi’s Tagore Garden, as per a company official’s social media announcement. The newly launched store spans over 9,000 sq.ft, making it not only the largest mall store in the world but also the largest ...

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Sanjeev Kapoor's Wonderchef eyes Rs 820 Crore Revenue in FY25

TFW Bureau Jun 10, 2024 - 1 min read

Endorsed by celebrity chef Sanjeev Kapoor, Wonderchef, the kitchen appliances brand has announced its aim to achieve a revenue milestone of Rs 820 crore in FY25. Ravi Saxena, founder and CEO of Wonderchef said, “In FY24, we posted sales of about Rs 700 crore, and we are planning to touch about Rs 820 crore in ...

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Food safety body inspects Blinkit warehouse in Telangana, finds violations

TFW Bureau Jun 08, 2024 - 1 min read

As per a recent post on social media ,The Commissioner of Food Safety, Telangana raided a warehouse of Zomato-owned Blinkit and found numerous health violations. The inspection was conducted in a warehouse at Devar Yamjal, Medchal Malkajgiri District on June 5. The Commissioner of Food Safety, Telangana, shared the post on the social media platform ...

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Titan eyes 10-11% of market share in the Jewellery business

TFW Bureau Jun 07, 2024 - 1 min read

In its Jewellery business, Titan expects a revenue of 15–20% CAGR over FY24-27, the company said in its analysts meet. The company has a market share target of 10-11% as against 8.6% currently in the jewellery business. As compared to its earlier range of 12%-13%, the company now has a margin set of 11.5% - ...

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Kalyan Jewellers to complete Candere buyout for Rs 42 cr

TFW Bureau Jun 04, 2024 - 1 min read

Kalyan Jewellers is all set to acquire Candere wholly. The company will be acquiring the remaining 15% stake in its e-commerce subsidiary Enovate Lifestyles, which operates under the brand Candere, for Rs 42 crore in three tranches. This deal will make Candere a wholly owned unit as Kalyan Jewellers shifts focus from pure e-commerce to ...

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Lenskart Bags $200 mn Investment from Temasek and Fidelity

TFW Bureau Jun 03, 2024 - 1 min read

This significant investment comes on the heels of advanced discussions valuing Lenskart at an impressive $5 billion. Interestingly, Temasek isn't a newcomer to Lenskart; the Singaporean investment giant already holds a 5.5 percent stake in the startup. With Temasek reportedly leading this new funding round, it underscores the confidence the company has in Lenskart's growth trajectory. On ...

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India to add 45 mn sq. ft of retail space in 5 Years, surpassing last decade’s growth: JLL

TFW Bureau Jun 03, 2024 - 2 min read

This surge, expected between Q2 2024 and the end of 2028, will see the completion of 88 new retail developments across the country, significantly outpacing the supply of the past decade, which totaled around 38 million square feet. This expansion will be concentrated in the top seven cities, which include Mumbai, Delhi NCR, Bengaluru, Hyderabad, ...

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Lenskart opens 4 new stores in the Middle East

TFW Bureau May 31, 2024 - 1 min read

Home grown eye wear brand, Lenskart, is on an expansion spree. In a span of mere 2 months, the brand has increased its footprint in the Middle East by a number of stores. As per a social media post of a company official, Lenskart has just added four new stores to its kitty and are ...

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