Initializing...

Top Retail Brands

Retail News

Showing 1 - 15 News out of 5640

Vivo Opes Exclusive E-store To grow Market
Vivo Opes Exclusive E-store To grow

Chinese smartphone maker Vivo is expanding its online play through its new exclusive online store, which will sell its V and Y series in handsets besides accessories, as the smartphone brand bets on growing internet penetration to get more share in India. Having focused on the offline market for a major part of its presence in India, the company has now become the

January 17, 2018  |  comments ( 0 )  | 

Patanjali Plans To Become 1 Lakh Crore Brand In 3 Years
Patanjali Plans To Become 1 Lakh Crore

Baba Ramdev led homegrown FMCG Company Patanjali plans to become Rs 1 lakh crore brand in the next three years as it plans aggressive e-commerce push, new category launches, focus on exports and improving supply chain in the coming years. The company reported an annual turnover in excess of Rs 10,500 crore in the financial year 2016-17 and had said earlier that it plans to double the revenues to Rs 20,000 crore in the current financial

January 17, 2018  |  comments ( 0 )  | 

Razorpay Bags $20 mn Fund From Investors
Razorpay Bags $20 mn Fund From Investors

Payments Company Razorpay has raised $20 million in a round led by existing investors Y Combinator and Tiger Global as well as Matrix Partners, as it looks to fight off competition from global players such as PayPal and Stripe. Razorpay had earlier raised $11.5 million, including a strategic investment by Mastercard in 2016. CEO Harshil Mathur said Razorpay is focused on domestic players and will use the funding to scale up recently launched

January 17, 2018  |  comments ( 0 )  | 

Patanjali Ties Up With Leading E-tailers
Patanjali Ties Up With Leading E-tailers

Baba Ramdev promoted FMCG brand Patanjali has announced the launch of its e-commerce platform www.patanjaliayurved.net which according to the company helped it to make sales of more than Rs 10 crores in the month of December during the trial phase of the portal. The home grown FMCG Company will also start selling its products online through leading online retailers like Amazon, Flipkart, Bigbasket, Grofers and Paytm Mall. The company

January 17, 2018  |  comments ( 0 )  | 

PE Investments Jumps To 55% Of $24 Billion
PE Investments Jumps To 55% Of $24

Private equity firms invested USD 23.8 billion across 591 deals in 2017, making it the biggest year for PE investments in India. According to deal tracker Venture Intelligence, the investment value is 39 per cent higher than the previous high of USD 17.1 billion (recorded in 2015) and 55 per cent higher than USD 15.4 billion invested during 2016. In terms of number of deals the year 2017 saw 21 per cent less activity as compared to 2016 (731

January 17, 2018  |  comments ( 0 )  | 

TCS Bags 5 Years Deal With Marks & Spencer
TCS Bags 5 Years Deal With Marks &

India's largest IT services firm Tata Consultancy Services (TCS) said it has expanded its partnership with Marks and Spencer (M&S) to enable the British retail giant become a digital-first business. As part of M&S' five-year plan, TCS will be the principal technology partner for the retailer and help drive agility, intelligence, innovation and efficiency. Through the partnership, M&S will transition to a new Technology

January 16, 2018  |  comments ( 0 )  | 

Pantaloons Fashion Retail Appoints Sangeeta Pendurkar As CEO
Pantaloons Fashion Retail Appoints

Pantaloons Fashion Retail has appointed Sangeeta Pendurkar, former managing director at Kellogg India, as its chief executive. Pendurkar is the first woman CEO at the $41-billion Aditya Birla Group in its 160 years history. Pantaloons Fashion Retail, a unit of Aditya Birla Fashion Retail, looks to refresh its branding and marketing strategy in the face of unabated competition from cash-rich online marketplaces and offline value fashion

January 16, 2018  |  comments ( 0 )  | 

Vivo Opens Online Store In India
Vivo Opens Online Store In India

In a bid to expand its online presence, Chinese smartphone maker Vivo on Monday launched its E-store in India that will deliver products and services across the country. Kenny Zeng, Chief Marketing Officer, Vivo India said “With the new E-store, Vivo's innovative range of smartphones will be available to our customers across the country with special launch offers. The Vivo innovative range will be available in 10,000 postal service

January 16, 2018  |  comments ( 0 )  | 

Amazon Prime Signs Content Deal With Zee Music Company
Amazon Prime Signs Content Deal With Zee

Amazon has signed a content deal with Zee Music Company for its upcoming music streaming service, Amazon Prime Music. The deal with Zee Music will add over 450 film soundtracks in Hindi and regional languages alongside 250 Independent artist content to Amazon Prime Music’s existing catalogue of Indian and International songs. Sahas Malhotra, director, Amazon Music India, said “We are thrilled to partner with Zee Music to strengthen

January 16, 2018  |  comments ( 0 )  | 

Paytm Senior VP Krishna Hegde Quits
Paytm Senior VP Krishna Hegde Quits

Months after being appointed as the head of the lending business of Paytm, senior vice-president Krishna Hegde has quit the Noida-based company. The development was confirmed by sources inside the company and ET Rise has reached out to both Paytm and Hegde for their comments. Hegde had joined Paytm in the capacity of a senior vice president and to lead the consumer investment products at Paytm's Payments Bank division. In October 2017, Hegde

January 16, 2018  |  comments ( 0 )  | 

Toy Maker Lego Teams Up With Tencent
Toy Maker Lego Teams Up With Tencent

Danish toymaker Lego is teaming up with Chinese internet giant Tencent Holdings Ltd to jointly develop online games and potentially a social network aimed at Chinese children. Privately-owned Lego has seen a slowdown in sales growth in recent years, but the Chinese market has been a bright spot with sales growing up to  25-30 percent in 2016. It is competing with Barbie maker Mattel Inc and Hasbro, the firm behind My Little Pony,

January 16, 2018  |  comments ( 0 )  | 

Safal Opens Six New Retail Outlets In Odisha
Safal Opens Six New Retail Outlets In

Safal, the Fruit and Vegetable (F&V) initiative of National Dairy Development Board (NDDB) subsidiary of Mother Dairy Fruit & Vegetable Limited (MDFVPL), today expanded its footprint in Odisha by launching six retail outlets in Sambalpur district. Safal opened the six retail outlets in the western Odisha city offering fresh F&V range, Safal value added range, Dhara edible oils and Mother Dairy range of milk products. These

January 16, 2018  |  comments ( 0 )  | 

Shoppers Stop Allots Rs 179.26 Crore Shares To Amazon
Shoppers Stop Allots Rs 179.26 Crore

Retail chain Shoppers Stop said it has allotted shares worth Rs 179.26 crore at Rs 5 per share to Amazon.com NV Investment Holdings LLC, an investment arm of Amazon.com. It has issued of 43,95,925 equity shares of Rs 5 each at a price of Rs 407.78 per equity share, aggregating around Rs 179.26 crore, to Amazon.com NV Investment Holdings LLC. The private placement committee of Shoppers Stop at its meeting held on January 12

January 15, 2018  |  comments ( 0 )  | 

Bike Sharing Company OFO Plans To Team Up With Paytm
Bike Sharing Company OFO Plans To Team

Chinese bikesharing unicorn Ofo is in final stages of striking a partnership with Paytm as it looks to expand aggressively in India. This will be in addition to its stand-alone mobile app, which lets people book a bike. It doesn’t require any fixed docking stations. Ofo closed a $3-billion fundraise from Alibaba, which is also an investor in Paytm, and is looking to tap into the large user base of the payments major to get a toehold in

January 15, 2018  |  comments ( 0 )  | 

Godrej Appliances To Expand Shirwal Plant
Godrej Appliances To Expand Shirwal

White goods maker Godrej Appliances will spend about Rs 200 crore to expand its consumer electronics plant at Shirwal in the Satara district. Kamal Nandi, executive vice-president of Godrej Appliances, said “We will increase the capacity of our Shirwal plant for manufacturing more products in the premium category, both for domestic and commercial purposes. We target to complete the expansion works by the end of 2019. The expected

January 15, 2018  |  comments ( 0 )  |