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WoodenStreet to invest Rs 15 cr to expand in South India

With already three stores in Bengaluru and one in Chennai, the company now plans to open two new stores in Hyderabad with an investment of Rs 5 crore, it said. In the next 12 to 18 months, WoodenStreet further plans to open 4 additional stores in South India, along with a third store in Hyderabad.




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Walmart gains from corp tax slash in India

FM Nirmala Sitharaman had announced about a 10% cut in corporate income tax in September 2019 to boost the economy.




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Indian footwear sector revenues to drop by 10-15% in FY21: ICRA

The pandemic is also likely to catalyse the shift to e-commerce.




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India is driving Puma’s global growth: CEO

Puma operates 365 owned stores in India, and over the past three years, has signed up cricketer Virat Kohli, boxer Mary Kom, footballer Sunil Chhetri and actress Sarah Ali Khan to endorse its products.




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Tie-up with Virat Kohli's One8 contributes 10% of Puma India sales

According to the company, Puma's collaboration with the Indian cricket captain saw a massive rise in sales in FY2019 with sales through One8 accounting for almost 10 per cent of its overall sales, and cementing the leadership position by a wider margin.




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Puma India elevates India MD Abhishek Ganguly to General Manager- SE Asia and India

In a letter to the brand’s business partners, Bjorn Gulden, global CEO of Puma SE, announced Ganguly’s elevation in the company adding that that he will continue to work out of Puma’s India head office in Bengaluru.




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Brune & Bareskin signs Indian cricketer Harbhajan Singh as brand ambassador

​​​​Voganow Fashion owned Brune & Bareskin sells leather jackets, footwear, bags and accessories for men on online platforms such as Myntra, Jabong and Snapdeal.




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Wildcraft India bags a deal to make rucksacks for the Indian Army

“We have bagged a multi-million dollar order from the Ministry of Defence to make rucksacks for the Indian army. It is an unchartered territory but creating an ideal rucksack for an Indian jawaan who spends maximum time outdoors in challenging terrain will be good learning. The order will be executed next year,” said Siddharth Sood, cofounder of Wildcraft India.




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Panerai CEO sees India as key market for luxury watches

While early movers like Rolex, Omega and Tag Heuer entered India in early noughties, a clutch of global luxury watches like Panerai are now placing bets on the Indian market, keeping in mind a longer investment horizon. In a bid to create a deeper connect with the Indian consumers, Panerai launched two MS Dhoni special edition watches on Wednesday.




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Getting good quality retail in India is a challenge: Niladri Mazumder, Seiko India

Retail in India has not developed at the same pace as the products. Getting good quality retail is a challenge. The country has limited number of malls. There is no high street.




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Trump helped Apple begin its India retail journey: Cook

In an interview with Fox Business, Cook said: "I see India as a huge opportunity for us. For years, we could not enter there unless we entered there with a partner into retail and we did not want to do that. We wanted to maintain control of our brand and so forth".




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Apple’s 1st own India outlet to come up at BKC

US phone-maker said to have leased 25k sq ft space at Maker Maxity mall in the Mumbai hub.




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Microsoft to launch Xbox One in India through Amazon this week

Xbox will be available for Rs39,990, while the model with Kinect, an interface that allows the use of gestures to play games, will cost Rs45,990.




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Rovio Entertainment,owner of the Angry Birds franchise, aims to become default app on India smartphones

Rovio’s India head also said that the company wants to have its own retail store where it can sell Angry Birds merchandise such as shirts and stuffed toys.




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Indian gaming and mobile app startups leveraging cloud

The mobile app development companies as well as independent developers are leveraging this to pitch their apps into the market.




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Star Chef - India's most successful mobile game developed in Udupi

With 35% users each in the US and Asia Pacific region and the remaining in Europe, 99Games is one of the first Indian gaming studios to hit this success.




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Samsung eyes bigger play in Indian gaming industry

Samsung will compete with the likes of Benq and Asus, who also have a strong line-up of gaming monitors.




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NVIDIA to expand gaming footprint in India, add 100 gaming cafes this year

There are nearly 100 such gaming cafes currently and less than 1000 non-exclusive cafes, said Vamsi Krishna, Head of Consumer Marketing, South Asia, NVIDIA.




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An inside view of India's pencil business and the four families that control it

Complicated manufacturing and investment needs may have a role in keeping new players out of the business.




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Kohler sees India among its top 3 global markets

Kohler would enhance its sales network in the domestic markets by having presence in 200 towns in next three years and become a 1,000 store company in next five years.




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Ricoh India case: Sebi bans seven from mkt; orders forensic audit

Sebi shall also appoint an independent audit firm for conducting a detailed forensic audit of the books of accounts of Ricoh for the financial year 2012-13 onwards till date, the cost of which shall be borne by Ricoh.




india

Price hike by Chinese suppliers hits Indian companies

India imports 45% of completely built units of consumer durables from China and it also imports nearly 70% of the components for television, and other consumer durable products. The price increase by suppliers at a time when demand is drastically down has hit the sector hard, said the presentation by Ficci to the government.




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India among top suppliers of paper to UAE

Other markets account for approximately 27.9 per cent of Dubai's imports, a statement released here by organisers of Paper Arabia 2013.




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Ashraf ElArman appointed Managing Director of Xerox India

Documentation solutions firm Xerox today announced the appointment of Ashraf ElArman as Managing Director of its Indian unit, effective June 22.




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Reliance opens 100th Hamleys store in India

Hamleys entered Indian in 2010 with its first store at High Street Phoenix Mumbai and is currently the largest toy retailer in India with 100 stores in 36 cities.




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Iconic toy maker Lego in talks with the Indian government to prioritise play

Rohan Mathur, senior regional sales manager - South Asia for The Lego Group spoke to ET about the toy industry, company’s India plans and its recent event in Delhi engaging the Indian government to prioritise play.




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200% import duty hike to hit toy business in India: Importers

The Centre, in the Union budget presented by Finance Minister Nirmala Sitharaman, has proposed raising the import duty on toys from 20 per cent to 60 per cent from the next fiscal, saying that the step would support the MSMEs and promote local manufacturing.




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Louis Vuitton India net profit jumps over 24% in FY19

According to documents recently filed with the registrar of companies (RoC), accessed through business information platform Tofler, LVMH, known for its iconic monogrammed bags, clothing, perfumes and leather goods reported an increase in profit after tax by Rs 3.19 crore.




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Hermes India sees a 55% jump in profit, Dior still deep in the red

Hermes India had recorded a net profit of Rs 12.1 crore the year before. Revenue from operations rose 11% from the previous year’s Rs 98.8 crore on a standalone basis, according to its filings with the Registrar of Companies (RoC).




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JLo handbags will now be available online in India

Ace Turtle’s ecommerce platform, which facilitates crossborder payments, supply chain, returns and customer support will help Jennifer Lopez reach out to millions of internet shoppers in these markets.




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Good Earth, Anita Lal-founded family-owned luxury home decor company, credits focus on Indianness for its success

Good Earth is now a prominent go-to destination for home decor enthusiasts and interior designers alike as it offers something for everyone.




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Indian gold demand could hit 3-decade low as lockdown hits festivals, weddings

The drop in consumption by the world's second-biggest gold buyer could limit a rally in global prices.




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Virus, high gold prices dent India’s Q1 jewellery demand by 41%: WGC

Jewellery demand in the world’s second largest consumer slumped 41% to 73.9 tonnes , thanks to a 25% jump in quarterly average price to Rs 36,874 per 10 gm (ex import duty and GST) and the fallout from Covid 19, the WGC latest global demand trends report shows.




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Welspun India resumes partial ops at manufacturing facilities in Gujarat

On March 24, the company had decided to temporarily close its manufacturing operations at the two units with immediate effect till further notice following announcement of nationwide lockdown to curb spread of coronavirus pandemic.




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Textile players to witness substantial fall in topline, operating profits: India Ratings

The continued lockdown in April 2020 (from late March) has impacted the entire textile industry and disrupted exports, Ind-Ra said in a report.




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Global fashion brands tap India for face masks

International brands have begun sharing prototypes of fashion masks in cotton and blends with Indian suppliers who are awaiting a nod from the Centre to export non-surgical masks.




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Covid-19 Impact: Stylish face mask is the new focal accessory of India’s top fashion brands

Several apparel makers and fast-moving consumer goods companies had earlier stepped up to produce medical-grade masks as a philanthropic act when Covid-19 struck but now it is apparent that the pandemic is set to alter lifestyles for at least some time to come.




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Kidswear brands are on a roll in India, but will the phase last?

Malaysian kidswear brand Poney is waxing optimistic about India. But will it and other brands in the space succeed where so many have failed before?




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No child’s play: Secrets to creating a successful kids’ clothing line in India

The shift in preferences from gender-specific colours and home-grown labels to branded outfits has led to a phenomenal growth in kids’ clothing in India.




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Kids Around to bring DKNY Kids brand in India

In the past five years there have been a lot of changes in the mentioned segment including preference for branded kids’ apparel.




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Sistema forms joint venture to bring Russian kids' brand Concept Group to India

Concept Group, one of Russia’s leading fashion retailers, creates collections and sells women’s clothing, accessories as well as children’s wear through its own retail stores.




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Jawed Habib's plans to fan out to Indian towns, metro cities

, Jawed Habib and Jawed Habib Express, across India's small and big towns, besides metro cities, Jawed Habib said.




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L'Oreal India enhances maternity leave to 26 weeks

To help new mothers ease back into work, they can also avail of reduced work hours for two continuous weeks immediately after resuming work.




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Twinkle Khanna to endorse salon hair brand L'Oreal Professionnel for India

The announcement was made at the L'Oreal Professionnel Indian Hairdressing Awards, held in Bambolim on Wednesday.




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Truefitt & Hill to take India tally to 17 by 2017-end

World’s oldest barber shop Truefitt and Hill is keen to take its India tally to 17 by the end of this year.




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India's latest acceptance of curls lead to the emergence of a Rs 200 crore industry

Even though 60% of the world’s population has either curly or wavy hair, Indians have always considered straight hair the ideal type.




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L’Oréal India appoints Amit Jain as new MD

Jain, who will join from August this year, will be L’Oréal India’s first Indian managing director after the French cosmetics giant entered in 1991.




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How Nykaa has changed the way beauty products are added to the cart in India

It was a trend investment banker Falguni Nayar was betting on when set up Nykaa to sell everything in the cosmetic and wellness category. Today she has around 750 professionals across different divisions.




india

VLCC to open 50 institutes in India; plans to go international

With the opening of more institutes, VLCC is eyeing a 35 per cent year on year revenue growth. In FY 2018, it had a turnover of Rs 55 crore for the skilled business.




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Cosmetics brand Flormar ties up with Rel Retail to begin India journey

Reliance Trends is the fashion and accessories arm of Reliance Retail.