H&M opens retail store in Connaught Place

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Hennes & Mauritz (H&M), which is a Fast-fashion retailer of global repute, has recently opened its retail store at Connaught Place in the heart of Delhi. The new store, which is stretching across over an area of 28,000 sq.ft., is ...

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Jimmy Choo records improving margins

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The British luxury shoemaker, Jimmy Choo, in a statement said that its first-half sales grew 9.2 percent and operating margins also improved. But at the same times, its shares still trade at a discount to other big-name brands, hit by ...

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FMCG News: Patanjali rides high on back of Future Retail

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As per available stats, Baba Ramdev promoted Patanjali Ayurved product line has become the third largest seller of FMCG products at the shelves of Kishore Biyani-led Future Retail and that it has become number three in sales at Future Retail’s ...

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Retail News: Walmart fixes $11-bn expansion on radar

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In an attempt to further strengthen its global technological capabilities and also upgrade e-commerce initiatives, the global retail store chain giant, Wal-Mart Stores Inc. has set aside a staggering sum of investment worth $11 billion in the current financial year, ...

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Retail News: Amazon offers easier reverse refund

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In order to ensure easier and hassle free operations, Amazon India has recently decided to handle returns and refunds under Rs 5,000 on behalf of its sellers using its ‘Easy Ship’ logistics service. The program has been aimed at making ...

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Retail News: IKEA ropes in Dentsu for brand building

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In order to launch an aggressive brand building drive, IKEA, which is a Sweden-based furniture retailer of the global repute, in a recent move has appointed Dentsu Impact as its creative agency on record in India for both offline and ...

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Food & Beverages: Nestle’s Maggi regains leadership position

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In a short span of nine months of its re-launch, Nestle India’s instant noodle brand Maggi has regained its leadership position capturing 57 per cent share of the market in June this year. It may be recalled that its sales ...

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Consumer Durable: Philips launches aggressive expansion drive

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Attracted by the `Make in India’ initiative and the recent roll-out of goods and services tax by the Indian government, the healthcare and electrical products maker of global repute, Philips plans to increase localization of its products in India from ...

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Retail giants make a beeline to Bangalore

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Close on heels of Amazon and Flipkart setting up their headquarters in the country’s tech city Bangalore in the downstream south, the Chinese e-commerce major Alibaba is also scouting for space to set up its headquarters in the same city ...

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Food & Beverages: Nestle’s Maggi records resounding recovery

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With Maggi instant noodles fast regaining its leadership position in the instant noodle market, the Swiss firm Nestle’s Indian operations clocked resounding recovery, chief executive Paul Bulcke said in a recent statement, while announcing its half-yearly results. He affirmed that ...

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