KVIC seeks international trademark for khadi items
KVIC is fighting cases in several countries including Germany for violation of the Khadi Mark regulations. The Regulations issued in 2013 by the ministry of micro, small and medium enterprises, empower KVIC to grant ‘Khadi Mark’ registration and take royalties from any producer using the Khadi mark.
Fabindia net doubles on premium play
In FY18, it had posted a net profit of Rs 59.4 crore.
How India's luxury hotels and restaurants are becoming more sustainable
From inhouse organic gardens, strict farm-to-fork policies and consum...
Home-grown Fabindias, Urban Ladders to gain under new FDI rules
Contract manufacturers get same status as manufacturers and can raise more foreign capital to grow their retail footprint.
Online and offline brands offering retail therapy now have a new category: experiential zones
Online and offline brands offering retail therapy now have a new category: experiential zones.
Wow! Momo has Tiger’s Rs 130 crore
The transaction is expected to value Wow! Momo at about Rs 860 crore, an almost three-fold jump from its last funding round in June last year.
Retailers look for rental relief as slowdown bites
With consumer sentiment at a low and sales sluggish, retailers are looking at renegotiating rentals as part of their cost-cutting measures.
Fabindia launches loyalty program, Fabfamily
Benefits of this program include shopping from home exclusive previews, shopping by appointment, an extended exchange period, and a dedicated relationship manager.
Aditya Birla Fashion to acquire 51% stake in retail firm of designer Shantanu & Nikhi
Finesse sells ethnic apparel, footwear and accessories, with annual sales of Rs 35 crore.
H&M may soon take on Ikea, others to deck up your home
The company hasn't decided whether its furnishing-retail foray will be through a standalone format or existing stores would be leveraged to sell new product lines.
GST profiteering charge against Fabindia dismissed
The GST rate for these products have been set at 18 per cent with effect from July 1, 2017.
Fabindia touches its lowest sales growth
The lower profit was due to an impairment loss of Rs 57 crore, the company said, adding that excluding the one-off item, profit would have grown 13% to Rs 116.3 crore.
Western traditions taking off in India: Young couples getting hitched now curate & share wedding registry
Another popular option that these websites provide is a cash fund.
Indian Premier League is gaining popularity among women, too
In terms of reach, around 145 million women viewers aged 15 years and above watched the matches across India between March 23 and April 12.
Khadi sales zoom 28%, KVIC eyes Rs 5,000 crore in FY 20
KVIC’s revenues comes from sale of khadi as well as village industry products such as food products and cosmetics, which are many times bigger than garments.
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