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1. Spencer’s Retail’s Q2, FY25 net loss widens to Rs 87 crore ...
(Apparel)
07 November 2024, Mumbai The Q2, FY25 net loss of RP-Sanjiv Goenka Group-owned, Spencer’s Retail widened to Rs 87 crore ($10.3 million) as against Rs 70 crore in the year-ago quarter. The company’s ...
Created on 07 November 2024
2. Spencer’s Retail shuts down stores in Delhi-NCR region ...
(Apparel)
10 August 2024, Mumbai As a part of its strategy to exit loss-making operations in the capital area, Spencer’s Retail is shutting down its stores in the Delhi-NCR region The BSE-listed retailer currently ...
Created on 10 August 2024
3. Spencer’s Retail narrows Q1, FY25 net loss to Rs 43 crore ...
(Apparel)
24 July 2024, Mumbai The Q1, FY25 net loss of Spencer’s Retail narrowed to Rs 43 crore ($5.2 million) from Rs 64 crore in the same quarter last year. The company's total income decreased by 1 per cen ...
Created on 24 July 2024
4. Spencer’s retail reports Q1 loss amid revenue decline ...
(Retail)
Spencer’s Retail Ltd., a part of the RP-Sanjiv Goenka Group, disclosed a widened consolidated net loss of Rs 64.13 crore for Q1 2023. This marks an increase from the Rs 33.63 crore loss in the corresponding ...
Created on 14 August 2023
5. End of Revenge Shopping: India's retail giants battered by slow consumer demand
(Apparel)
... like Reliance Retail, Shoppers Stop, and Spencer’s Retail are responding to the downturn by scaling back operations, incurring debt, and tightening their belts. Store closures on the rise The extended ...
Created on 13 August 2024
6. Retailers embark on cost-cutting measures amid slowdown in consumption
(Apparel)
 29 July 2024, Mumbai Grappling with a prolonged slowdown in consumption, major retail chains in India like Reliance Retail, Shoppers Stop, and Spencer’s Retailare embarking on cost cutting initiatives ...
Created on 29 July 2024
7. Spencer's Retail shows mixed results Q3 FY2024
(Retail)
...  660.26 crore during the year compared to Q2FY2024. On a Y-o-Y basis, the company’s revenues grew by 2.84 per cent in Q3 FY2023. Spencer’s Retail’s net loss narrowed down by 26.99 per cent Q-o-Q and 17.0 ...
Created on 05 February 2024
8. Reliance Retail FY2021-22 net profit rises
(Retail)
... five listed retailers: AVENUE SUPERMARTS LTD which owns the DMart chain, Tata-owned Trent, Shoppers Stop, Spencer’s Retail, and V-Mart Retail. Revenue was more than four times the combined revenue of the ...
Created on 25 August 2022
9. Booming retail market encourages Indian retailers to expand store network
(Insight)
... and overseas brands have registered a huge revenue increase this year. Zara’s revenues grew 61 per cent to Rs 1,815 crore while Marks & Spencer’s grew 6 per cent. Revenues of Aditya Birla Fashion and Retail ...
Created on 01 July 2022
10. Spencer's Retail reports Q4FY’22 results
(Retail)
17 May 2022, Mumbai: RP-Sanjiv Goenka Group firm Spencer’s Retail registered Rs 42.47 crore consolidated net loss in Q4 FY’22 as against the Rs 34.53 crore net loss posted during the corresponding quarter ...
Created on 17 May 2022
11. Spencer's Retail reports Q2 results
(Lifestyle)
15 November 2021, Mumbai: For the second quarter Spencer’s Retail’s revenue was down by six per cent. However, total expenses declined seven percent. Spencer’s standalone performance witnessed a sales ...
Created on 15 November 2021
12. Marks & Spencer’s festive collection is a fusion of Indian styles ...
(Retail)
Iconic British brand Marks & Spencer has come up with a festive collection that is an India exclusive, fusion collection. Designed in response to increasing desire among customers for chic outfits, the ...
Created on 27 October 2021
13. Spencer's Retail Q1FY22 results posted
(Retail)
...  of Rs 55 crore in the year-ago period. Spencer’s Retail’s total expenses for the quarter declined by 2 percent at Rs 598 crore, as against Rs 609 crore in the year-ago period. Its consolidated botto ...
Created on 31 August 2021
14. Brands, retailers adopt just-in-time strategy for festive season
(Apparel)
Brands and retailers like Benetton, Spencer’s Retail, Puma etc have adopted a just-in-time strategy for the upcoming festive season. The strategy includes inventory planning, finance options and discounts, ...
Created on 08 September 2020
15. Harshavardhan Chauhaan appointed new CMO, Trident Group
(Update)
Harshavardhan Chauhaan has been appointed as the new Chief Marketing Officer (CMO) at Trident Group following his four-year tenure at Spencer’s Retail. From 2020-24, Chauhaan played pivotal roles at ...
Created on 26 March 2024
16. Small cities across India give physical stores a big boost
(Retail)
... Spencer’s Retail points out, today consumers are keener to make larger purchases at brick-and-mortar stores. In contrast, e-commerce and quick commerce tend to fulfill their regular purchases. Again, ...
Created on 14 August 2023
17. Garment Show of India to feature Khadi Pavilion
(Apparel)
... will feature reputed apparel businesses including Reliance Retail, Aditya Birla Group, Shoppers Stop, Lifestyle, Max, Spencer’s Lulu’s, Dmart, and Central, etc. The trade show will run from July 18 to ...
Created on 14 June 2022
18. M&S: Appoints new India MD
(Lifestyle)
31 May 2022, Mumbai: Marks & Spencer Reliance India Pvt Ltd., the Lifestyle retailer, announced the appointment of Ritesh Mishra as the company’s new managing director. RELEVANT NEWS Marks & Spencer’s ...
Created on 31 May 2022
19. Prudent market choices, correct pricing key to private label’s growth in India
(Apparel)
09 May 2022, Mumbai: The last few years have seen private labels gaining popularity in India. Nearly all major retailers from Reliance Retail to Spencer’s Retail, Metro Cash & Carry India, and e-commerce ...
Created on 09 May 2022
20. Jaeger,UK will open additional M&S outlets
(Brands-To-Retail)
... as the brand's first denim goods, including a mid-rise straight jean and a high-waisted jean. RELATED NEWS Marks & Spencer’s festive collection is a fusion of Indian styles Later in 2022, the Britis ...
Created on 31 March 2022