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E-commerce expands to countryside

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The emerging scenario indicating that the increasing e-commerce penetration into India’s semi-rural hinterland has spawned unique expansion opportunities for a completely different online retail industry from earlier generation ¬ brick-and-mortar fashion stores. Strategists at India’s organized fashion chains are combing ...

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Myntra’s private-label biz turns positive

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In a recent development in the fashion and lifestyle business segment, Myntra’s private-label biz brands portfolio delivers an encouraging 23 per cent of the e-tailer’s business and it has turned EBITDA positive in the last two months. As a matter ...

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Coca-Cola expands beverage portfolio

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In view of the fast changing consumer preferences, the Coca-Cola Company plans to introduce fruit-based and other healthier drinks to cut reliance on its flagship Coke and that the strategy for the beverage giant will propel India to one of ...

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Parle-G banks on iconic brands

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With biscuits currently attracting a higher tax of 18% under GST compared with 12-14% earlier, Parle-G has decided to bank on the popularity of its iconic brands like Kisme and Poppins to grow its confectionary business, which accounts for 12% ...

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Nestle expanding packaged foods segment

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Packaged foods firm Nestle has said likely new categories by adding to its product portfolio and could foray into in India could include water and pet care. “These are very much on the radar in terms of India and we ...

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Spencer’s Retail chasing profitability

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Spencer’s Retail, the retail arm of RP-Sanjiv Goenka Group flagship CESC Ltd, is hopeful of chasing profitability by becoming Ebitda-positive this fiscal. Ebitda refers to earnings before interest, tax, depreciation and amortisation. CESC Ltd in its annual report maintains that ...

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Samsung electronics eyes non-metro markets

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‘Make for India’ brand Samsung Electronics is making sure its consumer durable portfolio reaches every district with its latest ‘attack’ strategy to increase market share in the non-metro markets. This fiscal, the company is targeting 80 districts pan India and ...

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Britannia refurbishes creamy biscuit portfolio

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In order to inject a freshness to its food products in creamy biscuit portfolio, Britannia is planning to invest Rs.100 crore for refurbishing its creams portfolio where it has brands like Treat, Bourbon and Pure Magic, enjoying margins at 10 ...

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Arvind enters online platform biz

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Textile firm Arvind Limited on recently announced to enter into online platform and e-commerce sector with its clothing brand ‘Creyate’ and has targeted revenue worth ₹1,000 crore by three years.The company said it expects e-commerce to be a major growth-driver. ...

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Flipkart to push discounts for consumers

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With SoftBank’s infusion a whopping funds worth $2.5 billion investment in Flipkart, consumers can now look forward to a string of discounts this festive season as the top two e-commerce players get ready to loosen the purse strings in a ...

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