V2 Retail, at its board meeting held on February 26, 2015, recommended issue of convertible warrants on preferential basis to Bennett Coleman and Company. After the news hit the market, the stock touched a high of Rs 44.80 during the day. V2 Retail's net profit surged 58 percent to Rs 5.15 crore on […]

As Internet penetration in India is on the rise, the e-commerce sector in the country is likely to witness a growth of over 50 percent in the next 5 years, says the latest Economic Survey. The government document raises concerns about consumer safeguards and proposed amendments to the Consumer Protection […]

K Raheja-owned HyperCity has registered an operating profit for the second consecutive quarter. The company’s corrective measures like rightsizing of stores, while reducing inventories of slow moving goods and increasing share of high margin fashion and home categories, finally resulted in reporting […]

Future Retail, in a BSE filing has announced its plans to raise around Rs 1,500 crores through issue of non-convertible debentures on private placement basis. “The funds would be utilised for certain general corporate purpose, including brand building and other marketing expenses, acquiring assets such […]

The e-commerce market in India is at an interesting juncture at the moment. With rapid growth in sight, players are trying to innovate and establish presence by partnering important sports and fashion events to hog the limelight. With cricket twenty20 tournament coming up in April, online majors are […]

Not only e-platforms but physical retailers too are focusing on establishing their fashion portfolio. They are making heavy investments on expanding in-house label and revamping stores and marketing. For example, Shoppers Stop saw share of fashion offerings increasing from 6 percent to 16 percent during […]

Indian denim manufacturers are facing low demand and oversupply situation in the domestic market. But their efforts to explore untapped export destinations, companies like Arvind, Nandan Denim (NDL) and KG Denim were able to book profits in the third quarter of fiscal 2014. They also invested in capacity […]

US stock markets opened lower on Tuesday despite a strong performance by retailers as investors took profits after the Dow Jones Industrial Average and S&P 500 reached new closing record highs the previous session. While the wider market edged lower, retail stocks were on investors’ shopping lists on […]

Leading footwear retailer and manufacturer, Bata India, has been honoured as the ‘Most Trusted Brand in the Footwear Category’, by The Brand Trust Report of (India). Bata stands in the 11th position in the Brand Trust Report 2015 against the 145th position in the previous year. 'The Brand Trust Report, […]

The Odisha Khadi and Village Industries Board (OKVIB) has decided to jointly promote khadi products with Karnataka, which excels in cotton khadi items. The efforts is not to just promote khadi but also share understanding and expertise in terms of knowledge and technology transfer, while implementing […]

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