India
Reliance purchases rights to Sephora brand for India expansion
It will take over Arvind Fashions' operations of 26 Sephora stores in the country.
Reliance purchases rights to Sephora brand for India expansion
It will take over Arvind Fashions' operations of 26 Sephora stores in the country.
Reliance Brands to acquire 76% Superdry IP in Indian territories
The consideration for the IP costs around $48.7m.
Alternative payment dominates India’s e-commerce market
The method accounts for almost 60% of the country’s e-commerce transactions.
Reliance Retail’s Hamleys launches in Italy
Giocho Preziosi S.P.A. is the toy retailer’s franchisee.
KKR to invest around $250m in Reliance Retail Venture
The investment company will now hold a 1.42% stake in RRVL.
Reliance Retail Ventures forms JV with clothing brand Ed-a-Mamma
Reliance will hold a majority stake in the JV.
Qatar Investment Authority to invest $1b in India’s Reliance Retail Ventures
It will now hold a 0.99% stake in RRVL.
Ayurvedic beauty, personal care regain traction in India
Mintel said this is due rising priority given to self-care.
Ingka to launch meeting place, retail centre in India
Lykli Gurugaram is expected to open in late 2025.
Swiggy acquires retail distribution firm LYNK
This signifies Swiggy’s entry into the country’s food and grocery retail market.
Reliance Consumer buys 51% stake in Lotus Chocolate
The aggregate consideration stood at INR74 crore.
Localism rises amongst Indian consumers
Local products offer better value for money and are more in line with consumers’ priorities.
Mobile wallets gradually displaces traditional payments in India: report
Payments through mobile wallets are expected to rise by 23.9% annually until 2027.
Reliance Retail net profit grows by 12%
Its net profit amounted to INR2,415 crore.
Indian consumers may shift to packaged spices, seasonings
Around 28% of younger millennials plan to switch to single spices and 35% to masala mixes.
Levi’s launches largest store in Asia
The store is located in Bangalore in India.
Around 1 in 2 working women in India consumes VMS: Mintel
Bone and digestive health, and immunity are the top three benefits they want from VMS.