Representative image. Over century-old noted jewellery retailer Vummidi Bangaru Jewellers has forayed into the United States market with the launch of a new store in Dallas, the company said on Wednesday. Over the next three years, the company has planned to strengthen its presence with three more stores in the US and eight in Tamil…
Kolkata: Gold is shining brighter this festive season even as battle rages in Gaza, threatening to spill over West Asian borders. Despite prices of the yellow metal moving up by 5.5% since outbreak of the Israel-Palestine conflict, sales have surged by up to 30% during Dussehra-Navratri from the year earlier, said leading jewellers such as…
Surging demand for fitness wear and sports equipment for disciplines other than cricket and football helped Decathlon‘s India unit expand sales 37% to Rs 3,955 crore in FY23. With more than 100 large, warehouse-like stores selling products catering to 85 sporting disciplines, the French company is bigger than Adidas, Nike and Asics all put together…
New Delhi: Sports performance brand ASICS India‘s profit increased 37.74 per cent to Rs 55.11 crore for FY23, and its revenue from sales grew 35.85 per cent to Rs 340.85 crore, according to data accessed by business intelligence platform Tofler. For FY22, it had reported a profit of Rs 40 crore, while its sales revenue…
NEW DELHI: Star India opener Shubman Gill on Wednesday closed in on world no.1 ODI batsman Babar Azam in the latest rankings released by the ICC, narrowing the gap to a mere 6 points.Pakistan skipper Babar, who has a total of 829 rating points is closely followed by Gill with 823 points.While Babar has had…
Representative image Legacy footwear brand Inc.5 Shoes raised its maiden venture funding of $10 million (about Rs 83 crore) in a round led by Mumbai-based venture firm Carpediem Capital, with participation from Param Capital and P3 Venture Fund. It did not disclose the valuation at which it raised the funds. The Mumbai-headquartered firm, which sells…
Representative image. Hair colours such as deep wine, caramel brown, burgundy, and beige are growing faster than long-time favourites black and dark brown as young Indians – buoyed by influential hairdressers and Instagram videos – go blondes and brunettes like never before. “Fashion couture has come to hair couture,” said Shama Dalal, head of marketing…
Adrian Bosshard, Global CEO Rado New Delhi: India has emerged as the second largest market for Swiss luxury watch brand Rado, said Adrian Bosshard, Global CEO, Rado in a chat with ETRetail. He stated that China, India, UAE, US, and Switzerland are the top-performing markets for Rado. Commenting on Rado’s growth in India, Bosshard said…
Puma stood by its full-year outlook on Tuesday and reported a stronger than expected third-quarter profit margin, reassuring investors and boosting its shares after a stronger euro dented the German sportswear brand’s quarterly earnings. Shares in the company gained 4% in early trading. The stock dropped 10% in a day earlier this month after analysts…
BHOPAL: Senior Congress leader Digvijaya Singh has said that he had proposed to state Congress chief Kamal Nath to give four seats to Samajwadi Party (SP) in the ensuing Madhya Pradesh assembly elections, but he doesn’t know what happened after that.Speaking informally with reporters at his office, he said that Nath had sent three state…
