Author name: eastindia_retail

Steeping Success: Innovating the Future of Tea Business with Game-Changing Strategies

Food / By

For those of us who consider tea a boring second cousin of coffee or requiring some sort of esoteric knowledge, it’s high time to get reacquainted. Tea drinking, of course, has a vast history in countless other cultures, and tea shops springing up in emerging neighbourhoods are remaking tea’s stateside reputation. Tea is a product of …

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Bizongo Plans Kolkata Expansion to Meet Growing Demand

Technology / By

Bizongo, a leading B2B platform specializing in supply chain financing and integrated raw material solutions, is set to expand its operations in Kolkata. The surge in demand, driven by ongoing real estate and infrastructure projects across West Bengal, has prompted this move. Tushar Kamat, Chief Business Officer, emphasized their commitment to serving the increasing needs …

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India’s Emergence as the Epicentre of Global Beauty Trends: Exploring the Phenomenon

Beauty & Health / By

Ayurveda aims to globally promote a healthy lifestyle, leveraging India’s recent success in cosmetics to ride the wave of international adoption. “The beauty market in 2023: A special State of Fashion report,” McKinsey reported that “The next few years will be a dynamic time for the beauty industry, filled with opportunities and new challenges. […] …

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Reliance Retail’s Tira Beauty launches new private label brand

Beauty & Health / By

Private labels have become a powerful vertical for retail giants looking to maximise profits and capture more users. From Future Group to Shoppers Stop and Aditya Birla Group to new-age companies such as Amazon, Flipkart, Myntra, and Nykaa — most scaled up players have jumped on the bandwagon. And now Reliance Retail-owned Tira is going …

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Flipkart’s Grocery Biz Logs 1.6X YoY Growth, EVs Carried Out Over 50% Deliveries

Retail / By

Ecommerce major Flipkart has clocked 1.6X year-on-year (YoY) growth in its grocery business in FY24, with more than half of deliveries being carried out using electric vehicles.  As per the company, Flipkart Grocery saw maximum sales of daily essentials like oil, ghee and atta, and FMCG products like tea, coffee, detergents and personal care. Besides, the ecommerce …

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PVR Inox’s food and beverage revenue outpaced ticket sale in FY24

Retail / By

Theatre chain PVR Inox experienced significant financial gains primarily through its food and beverage (F&B) business during the financial year 2023-2024.The growth rate of the F&B sector surpassed that of box office ticket sales. The revenue from the F&B business surged 21 per cent during FY24, while movie ticket sales saw a 19 per cent …

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Athleisure market in India booming with growing demand for comfort, style and fitness wear

Fashion / By

The global athleisure market is booming, and India is a key player in this growth story. With a projected CAGR of 5.2 per cent, the Indian athleisure market is estimated to reach Rs 24,800 crore ($3.2 billion) by 2032,as per a new report by Allied Market Research. This growth is driven by several factors, including …

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