Raymond to demerge core lifestyle business
Raymond Thursday announced the demerger of its core lifestyle business which will create two separate companies—the new one housing the core branded textile, branded apparel and garmenting businesses and the existing one to have its new real estate project, land bank, engineering businesses of auto components and FMCG businesses among others.
Raymond surges 20% on plans to demerge core lifestyle business
The move will create two separate companies — a new and existing business.
'Raymond brand' to remain with new demerged lifestyle firm
Textile player Raymond on Monday said ownership of Raymond brand will remain with ...
ITC goes online for lifestyle business growth
Co is considering introducing John Players brand in categories such as footwear, eyewear, backpacks and bags, all of which will be sold through online marketplaces.
Chatwal Group bets big on lifestyle business hotels
The company plan to roll out 52 hotels across New Delhi, Mumbai, Bangalore, Hyderabad, Kolkata, Jaipur and Udaipur with a total investment of Rs 2,000 crore.
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Philips India appoints Ada Ratnam as president of consumer lifestyle business
Dutch electronics major, Philips on Monday announced the appointment of Ada Ratnam as the president of its consumer lifestyle business in India.
Philips to restructure consumer lifestyle business in India
Europe’s largest electronics company Royal Philips Electronics has decided to restructure its consumer lifestyle business in India and rework its distribution strategy.
Opportunities for acquisition in international businesses are greater: Harsh Mariwala, Chairman, Marico
In an interview with ET Now, Harsh Mariwala, Chairman, Marico, talked about the company's revenue growth and other future plans.
Reliance Retail’s fashion business invests in data intelligence to go hyperlocal this year
The retail arm of Reliance Industries Limited (RIL) that handles key formats like apparel, footwear and toys is planning to dive deeper into catchments and is targeting store-specific assortment to maximize sales in the next financial year.
Consumer goods’ festive sales hit a four-year high
Companies say sales aided by pent-up demand, buoyant stocks and 0% interest schemes.
Online fashion users expected to grow to 200 million in the next five years: Amar Nagaram, Myntra-Jabong
Flipkart-owned fashion etailer noted that the Myntra app has been ranked as one of the most viewed apps in the country alongside Whatsapp, Instagram and Tiktok, making m-commerce the future of Indian fashion retail.
Gautam Singhania on why Raymond brand will remain with new lifestyle firm
Brand ownership for all other businesses to remain with Raymond Ltd, says Singhania
E-commerce to be key growth driver for lifestyle brands; Hindi speaking consumers ignored by luxury brands: Marketers
Management consulting firm Technopak president Saloni Nangia said the next decade would define winners in the digitally creative world. She added that game-changers in the coming decade would be disruption of traditional business models, customer centricity, product experience and collaborative supply chain.
Raymond royalty: We will take the best call in shareholders' interest, says Gautam Singhania
A billion dollar valuation of the lifestyle business will get a new set of investors.
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