Mom & Me news and archive

Mahindra retail to close over 25 Mom & Me stores

Mahindra Retail, which runs the Mom & Me chain of kids’ wear stores and also recently acquired online platform Babyoye.com, plans to close around 25 stores by the end of the month while bringing young executives for growth. The company is also moving to cheaper office premises to bring down costs. Mahindra Retail operates 115 Mom & Me stores...

Business

Mahindra Partners may acquire BabyOye.com

Mahindra Partners, the business arm of the diversified conglomerate Mahindra Group, is said to be negotiating a deal to acquire online portal BabyOye. Group’s retail arm already has strong online and offline presence through Mom & Me. Mahindra Retail operates over 100 Mom & Me and Beanstalk stores, which earned revenues of Rs 206 crores and a...

Apparel

Mahindra Retail ropes in Prakash Wakankar as new CEO

Mahindra Retail has brought in Prakash Wakankar from its PE equity armMahindra Partners to replace K Venkataraman as the Chief Executive Officer of the company. Mahindra Retail runs the Mom and Me and Beanstalk chain of stores. Wakankar is the former CEO of the Indian business of confectionery maker Perfetti Van Melle and also headed Mahindra...

Apparel

Kids’ wear players eye expansion through franchise partners

The branded kids’ wear market in India is yet to taken off in a big way. Though apparel majors like Madura and Arvind are entering this category with global players, the market is largely dominated by the unorganized small time players. They are quick to respond to the needs of parents, in terms of fashion as well as price. Despite steep...

Apparel

Mom & Me eyes robust retail expansion

Mom & Me, part of Mahindra Retail has launched 75 stores in the last four years, across India. The brand offers a wide range of products for expecting mothers, infants and young children like maternity fashion, infant apparel and tradition toys. It plans to continue expanding the presence of Mom & Me and Beanstalk over the next few years. The...

Apparel

Cherokee inks license agreement with Mom & Me

Cherokee, the global marketer of style-focused lifestyle brands, has announced it has entered into a retail license agreement for its Liz Lange Maternity brand with Mahindra Retail’s flagship retail stores, Mom & Me. Liz Lange Maternity will be available at all Mom & Me outlets throughout India as well as e-commerce portal. Mom & Me is Mahindra’...

Fashion

Falling rupee forces retailers to cut down imports

The many hurdles for Indian retailers don’t seem to end. After witnessing an extended slowdown, low consumer sentiment, hike in excise duty for branded clothes, rising raw material costs and extended discount shopping periods, now they are dealing with the rupee’s meltdown. While on one hand foreign players waiting to enter India are putting...

Apparel

Mahindra cut shorts retail expansion plans for Mom & Me

Mahindra Retail, which owns the chain store Mom & Me, a one stop shop for all baby and maternity products like apparel, toys and wellness products, has put a full stop to its retail expansion plans owing to losses. Sources say the company would pull down shutters on more than 10 stores to cut costs. Another reason for going slow as of now is due...

Apparel

Kids’ brands in India on growth track

While on one hand, popular kids brands like Lilliput, Catmoss and Gini & Jony are facing trouble due to problems with their PE investors, other kids’ brands such as Mothercare, Mom & Me and Arvind are doing brisk business. Market studies on kids’ wear reveal it’s the fastest-growing segment in ready-to-wear apparels, and is expected to maintain...

Apparel

Mahindra Retail to focus on expanding Mom & Me

Mahindra Retail is all set to expand its presence by focusing on retail expansion of its speciality format Mom & Me and Beanstalk. In the last four years it has opened about 75 Mom & Me stores across India which offers products for expecting mothers, infants and young children. It sells Indian maternity fashion, infant apparel and tradition...

Apparel

Lisa Pinto quits Mahindra Retail

Lisa Pinto, Head Buying & Merchandising-Assistant Vice President, Apparel at Mahindra Retail has put in her papers after serving with the company for over four years. She started her career with Littlewoods International as kidswear buyer in 1995. She stayed with the company when Littlewoods was bought by Tata -Trent and rebranded as Westside....

Fashion

Retail Therapy: New ways for better consumer connect

According to a recent study, ‘The World of Retail: How Employee Engagement Can Help the Registers Ring’ released by Kenexa High Performance Institute, examined employee engagement trends in the retail sector since 2007 in the US, Brazil, China, Germany, India and the United Kingdom. The study reveals that employee engagement has a direct...