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Logistics & Retail

Mahindra Logistics is preparing to enter the sea transport segment through partnerships and is in talks with two European liners for a tie-up,. Move is aimed at preparing for a liberalised coastal shipping regime, where foreign-flagged vessels will be allowed to operate in the domestic waters. “As soon as the waterways become lucrative enough or […]

Chaayos, the tea-centred cafe chain, is expanding by opening around 300 outlets in the next five years. It is planning to launch an Initial Public Offering (IPO) of equity and going abroad. Company has appointed Ajay Kaul, former Jubilant Foodworks’ chief executive officer (CEO) as chief advisor. The company says it hopes to replicate the […]

Arvind Ltd. has demerged its branded apparel and engineering businesses into separate companies and plans to list them on stock exchanges through a National Company Law Tribunal-driven process. Branded apparel business will be demerged into Arvind Fashions and the engineering business will be spun off into Anveshan and then renamed Anup Engineering. Existing investors will […]

Nearly 2 years after acquiring Jabong from Global Fashion Group for $70 million (about Rs 4.7 billlion), Flipkart-owned fashion retailer Myntra is looking to increase differentiation between 2 brands in order to win new customers. Myntra will continue to focus on the mass premium fashion segment where it has emerged as the leader, while Jabong […]

Walmart Stores Inc is in the final stage of negotiations to become the largest shareholder in Flipkart — India’s biggest online retail company — pitching the world’s largest brick-and-mortar retailer into a direct face-off with another giant American retailer — Amazon — in one of the most dynamic markets for ecommerce globally. To begin with […]

Telangana government is setting up an apparel super hub at the upcoming apparel park in Sircilla district at a cost of Rs 100 crore in partnership with Kay ventures, apparel manufacturer. Hub will come up on a 20 acre of land parcel and house 5,000 state of art sewing units with its corresponding embroidery, printing, […]

Abu Dhabi-based retail giant, Lulu Group, has launched a mixed use project worth AED 1.7 billion in Andhra Pradesh. project will be developed under public-private partnership mode. Project will be one of the largest ones of its kind and will comprise a 7,000 capacity convention centre, shopping mall and a luxury hotel in Visakhapatnam. The […]

Cosmetics and beauty retailer Nykaa.com is betting big on its private-label business, and will focus on ramping up the distribution of the Nykaa label in the offline retail space. It is also looking to ramp up its ‘Nykaa Naturals’ range, in line with the fast-changing consumer preferences for natural formulations in grooming products. Reena Chhabra, […]

Arvind Lifestyle Brands, Gap’s master franchise in India, on Monday said it will open 17 Gap shop-in-shops through multi-brand retailers by the end of the month, signalling. USA lifestyle brand’s strategy for expansion into tier 2 and 3 markets in the country. Parag Dani, Gap’s business head at Arvind Lifestyle Brands said Kapsons, Iconic India […]

In a bid to stay ahead of rivals Amazon and Flipkart, India’s largest online grocer BigBasket is looking to open offline kiosks that will stock daily groceries and is also planning to start its own subscription service for items such as milk and bread. Move comes soon after BigBasket raised $300 million in funding led […]