- 21. RAI hosts Chennai Retail Summit 2024, honors top retailers ...
- (Apparel)
- 29 August 2024, Mumbai The Retailers Association of India (RAI) recently hosted the Chennai Retail Summit 2024 at the ITC Grand Chola, Chennai, gathering top retail industry leaders to discuss the evolving ...
- Created on 29 August 2024
- 22. RAI Retail CFO Summit 2024 sets new growth standards ...
- (Apparel)
- 23 August 2024, Mumbai The Retailers Association of India (RAI) hosted the 'Retail CFO Summit 2024' in Mumbai on August 22, bringing together finance leaders to discuss the evolving role of CFOs in th ...
- Created on 23 August 2024
- 23. India's retail growth stalls at 2% in July 2024, RAI urges strategic boost ...
- (Apparel)
- 19 August 2024, Mumbai The Retailers Association of India (RAI) has reported a modest 2 per cent growth in the retail sector for July 2024, compared to the same period last year. Despite this, the industry ...
- Created on 19 August 2024
- 24. Shahi Exports appoints VinodRai new Group Head-HR ...
- (Apparel)
- 17 August 2024, Mumbai One of India’s largest apparel manufacturing companies, Shahi Exports has appointed VinodRai, former Chief Human Resources Officer (CHRO), Orient Papers and Industries, as the ...
- Created on 17 August 2024
- 25. Indian Terrain reports widened Q1 loss amid revenue decline ...
- (Apparel)
- 09 August 2024, Mumbai Indian Terrain Fashions posted a Q1 net loss of Rs 15 crore, widening from Rs 3 crore year-on-year. Revenue dropped 26 per cent to Rs 68 crore, driven by weak market demand and ...
- Created on 09 August 2024
- 26. RAI: Telangana extends shop hours to boost business ...
- (Apparel)
- 06 August 2024, Mumbai The Retailers’ Association of India (RAI) has praised the Telangana Government's decision to allow all shops and establishments, excluding liquor shops, to stay open until 1AM ...
- Created on 06 August 2024
- 27. Baazar Style Retail raises Rs 37 croreinvestment in a pre-IPO round ...
- (Apparel)
- 06 August 2024, Mumbai Baazar Style Retail has raised Rs 37 crore from Volrado Ventures Partners Fund II in a pre-IPO round. As a result, the company's fresh issue size for the upcoming IPO has been reduce ...
- Created on 06 August 2024
- 28. CMAI and RAI leaders praise Union Budget initiatives ...
- (Apparel)
- 23 July 2024, Mumbai Key industry figures have praised the latest budget for its innovative and pragmatic measures aimed at boosting employment and economic growth. Rahul Mehta, Chief Mentor of the Clothing ...
- Created on 23 July 2024
- 29. RAI Survey: Retail sales show 5% growth in June 2024 ...
- (Apparel)
- 17 July 2024, Mumbai The 52nd Retail Business Survey by the Retailers Association of India (RAI) reveals a 5 per cent increase in June 2024 sales compared to June 2023. CEO Kumar Rajagopalan highlighted ...
- Created on 17 July 2024
- 30. ABFRL raises stake in GFPL to 51% ...
- (Apparel)
- 12 July 2024, Mumbai Increasing the company’s stake in Goodview Fashion (GFPL) from the earlier 33.5 per cent to 51 per cent, Aditya Birla Fashion and Retail (ABFRL) acquired an additional 17.5 per cent ...
- Created on 12 July 2024
- 31. Indian Terrain expects revenues to expand by 10% this fiscal: Charath Narasimhan ...
- (Brands-To-Retail)
- Having recently reopened one of its select brand outlets in Coimbatore, Indian Terrain aims to increase its revenues by 10 per cent this fiscal year. The brand achieved revenues of Rs 460 crore in the ...
- Created on 26 June 2024
- 32. Zyod raises $18 million in RTP Global-led Series A funding round ...
- (Brands-To-Retail)
- A tech-enabled fashion manufacturing platform, Zyod,has successfully raised $18 million (Rs 150 crore) in its Series A funding round led by RTP Global. The funding round was attended by both existing and ...
- Created on 25 June 2024
- 33. RAI Survey: Retail sales up 3% in May 2024 ...
- (Apparel)
- Retail sales in India saw a modest 3 per cent growth in May 2024 compared to the same period last year, according to the Retail Business Survey by the Retailers Association of India (RAI). Kumar Rajagopalan, ...
- Created on 20 June 2024
- 34. Raishma launches debut collection in India titled, ‘Full Bloom’ ...
- (Apparel)
- UK-based premium womenswear brand, Raishma has entered into the Indian market with the launch of its first collection, ‘Full Bloom’ via e-commerce platforms such as Nykaa Fashion, Ajio, and Aza marks a ...
- Created on 19 June 2024
- 35. Techno Sportswear raises Rs 208 crore in first fund-raising initiative ...
- (Apparel)
- In its first fund raising initiative, performance wear manufacturer, Techno Sportwear raised funds worth Rs 208 crore from its investment fund A91 Partners. Techno Sportswear manufactures performance ...
- Created on 30 May 2024
- 36. Meesho raises $600 million in initial funding round ...
- (Apparel)
- ... its inception in 2015, having raised a total of $1.36 billion, including secondary transactions. However, Meesho's early investors have been looking to exit, with Venture Highway and others making partia ...
- Created on 11 May 2024
- 37. RAI's Hyderabad Retail Summit 2024: Retailers strategize to lead ...
- (Apparel)
- The Retailers Association of India (RAI) orchestrated the third edition of the Hyderabad Retail Summit (HRS) on April 24, 2024, at Hotel ITC Kohenur Hyderabad. This gathering, a cornerstone in the retail ...
- Created on 26 April 2024
- 38. RAI: India retail sales up 8% YoY in March 2024 ...
- (Retail)
- India's retail sector is bouncing back! A survey by the Retailers Association of India (RAI) shows an 8 per cent sales increase in March 2024 compared to March 2023. This suggests a recovering market ...
- Created on 22 April 2024
- 39. ABFRL to raise Rs 2,500 crore post Madhura Fashion demerger ...
- (Retail)
- Within 12 months after the completion of the vertical demerger of Madhura Fashion & Lifestyle, ABFRL plans to raise about Rs 2,500 crore equity capital to strengthen its balance sheet and fund the growth ...
- Created on 20 April 2024
- 40. Retail sales grow by 5% Y-o-Y in February 2024: RAI survey ...
- (Retail)
- A survey conducted by the Retailers Association of India (RAI) in February 2024 reveals a modest 5 per cent Y-o-Y growth in retail sales compared to February 2023. The growth was particularly notable in ...
- Created on 18 March 2024