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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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Crossword Opens 111th Store at Oberoi Mall as Expansion Continues

Beny Sachdeva Oct 16, 2024 - 2 min read

Crossword Bookstores, India’s premier destination for book lovers, has just opened its 111th store at Oberoi Mall, Mumbai, marking another step in its rapid expansion. As India's largest bookstore chain, Crossword's continued growth reflects a rising demand for books and community spaces that celebrate reading in the country. Spread across 1000 square feet, this...

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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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GIVA Jewellery raises Rs 255 Cr from multiple investors in Series B funding round

TFW Bureau Oct 15, 2024 - 1 min read

GIVA Jewellery, a fine jewellery brand, has said it has raised Rs 255 crore in a funding round, as it looks to expand its offline presence and bolster its lab-grown diamond offerings. The extended Series B funding round was led by Premji Invest, Epiq Capital, and Edelweiss Discover Fund, with participation from GIVA's...

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Oven Story launches its first offline flagship store in Patna, Bihar

TFW Bureau Oct 14, 2024 - 2 min read

Oven Story, from the house of Rebel Foods, world’s largest cloud kitchen restaurant company, has announced the launch of its first flagship store at Saguna More, Bailey Road, Patna. The outlet, covering an area of 700 square feet, is designed to provide an inviting and comfortable dine-in experience. In addition to dine-in, the...

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Noel Tata takes over as the new Tata Trust chairman

TFW Bureau Oct 14, 2024 - 1 min read

Noel Naval Tata has been named the successor of Ratan Tata at Tata Trusts, the majority owner of Tata Sons, the holding company of the Tata group. Tata Sons, oversees 30 firms across consumer goods, hotels, automobiles and airlines including brands like Jaguar Land Rover and Tetley Tea. It also owns Tata Consultancy Services, Taj Hotels and Air India and has Starbucks and Airbus as partners. Tata...

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Heads Up For Tails Celebrates the Grand Opening of Its 100th Store at Indira Gandhi International Airport

Beny Sachdeva Oct 14, 2024 - 1 min read

Petcare brand Heads Up For Tails proudly announces the opening of its 100th store at a landmark location—Terminal 3, Domestic Departures, Indira Gandhi International Airport. This significant milestone comes after years of tireless innovation, design, research, and retailing efforts that helped build the brand from the ground up, overcoming challenges and skepticism along the way....

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