l Googling for groceries among hot searches By retail.economictimes.indiatimes.com Published On :: 2020-05-07T08:57:03+05:30 Searches for “grocery delivery near me”, “online grocery delivery” and “ration dukaan” were up 550%, 350% and 300% this year compared to the previous year. Full Article
l Fund-starved Karnataka raises liquor duties, distillers say move won’t help anyone By retail.economictimes.indiatimes.com Published On :: 2020-05-07T11:54:39+05:30 Chief minister BS Yediyurappa has been exploring revenue opportunities, and plans to also auction off plots of land in and around Bengaluru to mobilise funds. The revised retail prices will take effect Thursday. The CM has, however, spared beer and wine. Full Article
l Budweiser to invest more in e-commerce as virus hits offline demand By retail.economictimes.indiatimes.com Published On :: 2020-05-07T13:15:03+05:30 The company, which has a portfolio of more than 50 beer brands including Stella Artois, Corona and Harbin, reported quarterly revenue of $956 million, down from $1.6 billion last year. Full Article
l Payments platform Simpl records about 35% upsurge in daily essentials transactions through online orders By retail.economictimes.indiatimes.com Published On :: 2020-05-07T16:05:35+05:30 Green Visor Capital backed-Simpl, that allows users to buy now and checkout with pay-later function, said the surge in the number of transactions done for daily essentials increased despite supply and workforce issues by merchant partners. Full Article
l Assam, Nagaland, Meghalaya and Arunachal Pradesh may levy COVID cess on liquor By retail.economictimes.indiatimes.com Published On :: 2020-05-07T22:33:18+05:30 Assam finance minister, Himanta Biswa Sarma said, “We had an informal discussion with these states and we may increase the tax on liquor. Tomorrow we are having a cabinet meeting in Assam and a decision in this regard will be taken.” Full Article
l With 45 pc of national intake, southern states draw 10-15 pc revenue from liquor: Report By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:13:14+05:30 The five southern states of Andhra Pradesh, Telangana, Tamil Nadu, Karnataka and Kerala together consume as much as 45 per cent of all liquor sold in the country, the report by Crisil said. While Tamil Nadu and Kerala top the list in revenue percentage terms at 15 per cent each, for Kerala the tax on liquor is its single largest revenue source. Full Article
l To avoid overcrowding, Delhi govt launches e-token system for liquor purchase By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:49:38+05:30 According to an official statement, the government released a web link - www.qtoken.in - where people will be designated specific time for purchasing liquor after they fill personal details. The e-tokens will be sent on the mobile phones of the registered persons, it said. Full Article
l JioMart wants you to buy small and buy often By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:58:06+05:30 Currently, owing to the ongoing lockdown, kirana (corner) stores on JioMart serve limited inventory. But that will be a thing of the past once restrictions are lifted. Full Article
l Amazon, Future Group in talks over Future Retail stake sale By retail.economictimes.indiatimes.com Published On :: 2020-05-08T09:02:10+05:30 The move came after Future group firms defaulted on loans taken against the pledged shares of Future Retail in March, which also impacted its share price. Full Article
l Corona blues to take the punch out of liquor business in FY21: Pernod Ricard By retail.economictimes.indiatimes.com Published On :: 2020-05-08T12:45:36+05:30 Pernod Ricard, estimated to have revenues of Rs 21,000 crore in India in 2019-20 on sale of around 55 million cases, sells imported brands such as Chivas Regal, ABSOLUT, Glenlivet and Jameson, apart from the locally-made large-selling ones such as Royal Stag, Blenders Pride, and 100 Pipers. Full Article
l Spirit makers look to boost reach By retail.economictimes.indiatimes.com Published On :: 2020-05-08T14:02:26+05:30 In addition to making their products available at more outlets, top spirits makers are also in discussion with state excise departments and online food delivery giants such as Swiggy, Zomato and Dunzo to push for home delivery of liquor, including select premium brands, sources said. Full Article
l UP govt warns of stern action against liquor vendors overcharging customers By retail.economictimes.indiatimes.com Published On :: 2020-05-08T14:12:56+05:30 Following instructions from Excise Minister Ram Naresh Agnihotri, principal secretary (excise) Sanjay R Bhoosreddy said that a rate higher than the fixed MRP cannot be charged by liquor vendors under any circumstances. Full Article
l States should consider home delivery of liquor during lockdown, says Supreme Court By retail.economictimes.indiatimes.com Published On :: 2020-05-08T14:51:07+05:30 The Supreme Court refused to pass any orders to this effect, but suggested that it could be a better alternative than the chaos which has followed the government decision to open liquor shops during the lockdown. Full Article
l Madras High Court orders for TASMAC shops closure as TN crosses 6,000 Covid-19 positive cases By retail.economictimes.indiatimes.com Published On :: 2020-05-09T08:12:42+05:30 The High Court passed the interim order on Friday as a result of the blatant violation of the conditions that the court had prescribed under which liquor shops could function. These conditions included adhering to social distancing norms while also deploying additional staff to manage the crowd. Full Article
l Delhi: Liquor hunt shifts online, site crashes By retail.economictimes.indiatimes.com Published On :: 2020-05-09T08:33:46+05:30 Thousands of people standing outside the vends across the city said they had been trying to access the website since Thursday but decided come out and queue up for their turn when the online link didn't open. Delhi government officials confirmed the website crashed due to heavy rush and the glitch was being fixed. Full Article
l Assam hikes liquor prices by 25 per cent By retail.economictimes.indiatimes.com Published On :: 2020-05-09T11:57:48+05:30 Assam cabinet held its meeting on Friday through video conferencing. Assam Industries and Commerce Minister Chandra Mohan Patowary said the 25 per cent hike will add Rs 1000 crore to the government's kitty. Full Article
l Delhi govt issues 4.75 lakh e-tokens to buy liquor By retail.economictimes.indiatimes.com Published On :: 2020-05-09T16:36:39+05:30 Under the e-token system, customers are given specific time for purchasing alcohol so that there is no violation of social distancing norms by people queuing up outside liquor stores. Full Article
l New China tariffs a 'job killer,' US footwear industry tells Trump By retail.economictimes.indiatimes.com Published On :: 2019-08-29T17:59:44+05:30 The five per cent increases, which will take the tariffs to 15-25 per cent, and are due to roll out in stages through December and target some popular items, such as laptops, mobile phones and some shoes. Full Article
l After demonetisation, GST, floods hit Agra's footwear industry hard By retail.economictimes.indiatimes.com Published On :: 2019-09-05T14:25:00+05:30 Sharing the reasons for the slowdown in the shoe industry, shoe manufacturer Pradeep Kumar said: "The main cause is the flood that most part of the country is facing. Due to sluggish sales, we are also short of funds." Full Article
l Consumption would be the alpha generator in next 5 years: Siddharth Parekh, Paragon Partners By retail.economictimes.indiatimes.com Published On :: 2019-10-16T14:55:59+05:30 There is a lot of deal activity because businesses are looking for capital. Full Article
l Bata to add 500 more stores in next 5 years on franchise model By retail.economictimes.indiatimes.com Published On :: 2019-10-17T15:09:49+05:30 Bata has already identified 180 such markets in smaller cities pan-India. Full Article
l 'Come As You Are': Priyanka Chopra signs deal with Crocs By retail.economictimes.indiatimes.com Published On :: 2019-11-20T17:59:56+05:30 The actor will endorse 2020 collections of the casual footwear brand. Full Article
l Bata to use multi-channel retail strategy to reach more customers By retail.economictimes.indiatimes.com Published On :: 2019-11-27T08:12:48+05:30 The company, which has a retail network in 450 towns, is further expanding by adding new stores in smaller towns through franchise route. Full Article
l Aspiration keeps premium footwear brands afloat despite slowdown By retail.economictimes.indiatimes.com Published On :: 2020-01-24T08:19:35+05:30 Industry players say premium and luxury buying sees an uptick in two cases — purchase for occasions by the aspirational millennial and by a growing cohort of marathon runners. Full Article
l Nike says virus to have 'material impact' on China operations By retail.economictimes.indiatimes.com Published On :: 2020-02-05T12:21:40+05:30 "Similar to others in the marketplace, approximately half of Nike-owned stores have been temporarily closed," while it is "experiencing lower than planned retail traffic in stores that do remain open." Full Article
l Agra footwear industry stares at losses due to coronavirus By retail.economictimes.indiatimes.com Published On :: 2020-02-05T12:29:19+05:30 Every year, leather shoes worth over Rs 3,000 crore are exported to European countries from Agra. The US and several African countries are also important destinations for Agra footwear, say industry sources. Full Article
l Adidas closes China stores over virus outbreak By retail.economictimes.indiatimes.com Published On :: 2020-02-06T12:55:38+05:30 The outbreak that has infected over 24,000 people and killed nearly 500 in mainland China has forced many stores and factories to close and airlines to cancel flights. Full Article
l Woodland aims to double sales to Rs 2,500 cr by FY25 By retail.economictimes.indiatimes.com Published On :: 2020-03-02T12:30:22+05:30 "Our topline was around Rs 1,250 crore (FY19) and is growing by 10 per cent every year, which is a quite healthy and sustainable," Aero Club Managing Director Harkirat Singh told . Full Article
l Nike temporarily closes European headquarters due to coronavirus case By retail.economictimes.indiatimes.com Published On :: 2020-03-02T13:55:08+05:30 Dutch news agency ANP, citing an internal email, reported overnight that the office in Hilversum would be disinfected. The employee was staying home in isolation for 14 days, it said. Full Article
l Sustainable footwear brand Neeman’s raises $1 million from angel investors By retail.economictimes.indiatimes.com Published On :: 2020-03-03T14:54:53+05:30 Founded in 2017 by Taran Chhabra and Amar Preet Singh, Neeman’s is a sustainable shoe brand that uses completely natural, renewable, recyclable and chemical-free materials to reduce the carbon footprint. Full Article
l Huge trade opportunities in Russia for leather, footwear exports: CLE Chairman By retail.economictimes.indiatimes.com Published On :: 2019-09-16T12:32:31+05:30 Russia has imported leather and footwear worth USD 3.9 billion in 2018, and India's exports to that country stood at only USD 52.6 million, said Panaruna Aqeel Ahmed, chairman of Council for Leather Exports (CLE). Full Article
l Covid-19: Bata to donate one million pairs of shoes to healthcare workers, volunteers By retail.economictimes.indiatimes.com Published On :: 2020-05-01T08:07:18+05:30 The donation will impact a number of countries in Europe, Latin America, Africa, Asia-Pacific, including India. Full Article
l Rising fitness a boost for women’s activewear sales By retail.economictimes.indiatimes.com Published On :: 2019-11-11T12:17:26+05:30 Women’s share in the activewear category has gone up for sports brands such as Nike, Reebok, Adidas and Puma because of an increase in their participation in sports and other activities such as running, yoga, pilates and Zumba. Full Article
l Nike says bye to selling on Amazon By retail.economictimes.indiatimes.com Published On :: 2019-11-14T12:20:00+05:30 Big brands have quit Amazon's platform due to sales of counterfeit products and unauthorised sellers which undermines the value of the original brands. Full Article
l Sunil Chhetri inks 3-year deal with PUMA By retail.economictimes.indiatimes.com Published On :: 2019-12-10T17:29:59+05:30 Chhetri joins the brand's roster of global players like Antoine Griezmann, Romelu Lukaku, Luis Suarez and Sergio Aguero among others. Full Article
l Decathlon's 'contact-details' demand sparks row By retail.economictimes.indiatimes.com Published On :: 2019-12-17T14:59:59+05:30 French retailer Decathlon’s refusal to do business with customers who refuse to share their contact details has sparked a wave of protests on social media. Full Article
l Delhi HC restrains Campus from selling shoe range on Puma’s copyright plaint By retail.economictimes.indiatimes.com Published On :: 2020-01-23T11:14:48+05:30 Campus Activewear is part of the Synergy Action Group that sells 100,000 pairs of shoes every day through more than 50,000, mostly third-party, outlets, according to Action Shoes’ website. Full Article
l Small towns purchase more sportswear via e-platforms By retail.economictimes.indiatimes.com Published On :: 2020-02-18T17:29:55+05:30 Sportswear makers say sales in tier II and III towns have grown exponentially in the last few years and contribute a sizable percentage of their revenue now. Full Article
l Coronavirus slams Adidas, Puma sales in China By retail.economictimes.indiatimes.com Published On :: 2020-02-19T16:07:27+05:30 "Our business activity in Greater China has been around 85 percent below the prior year level since Chinese New Year on January 25," Adidas said in a statement. Full Article
l Puma launches collection made from waste plastic bottles By retail.economictimes.indiatimes.com Published On :: 2020-02-21T15:08:47+05:30 “The Puma and First Mile programme has diverted about 40 tonnes of plastic waste from landfills and oceans, just for the products made for 2020. This roughly translates into 1,980,286 plastic bottles being reused,” said Stefan Seidel, head of corporate sustainability for Puma, in a press statement Full Article
l India is driving Puma’s global growth: CEO By retail.economictimes.indiatimes.com Published On :: 2020-02-24T08:30:46+05:30 Puma operates 365 owned stores in India, and over the past three years, has signed up cricketer Virat Kohli, boxer Mary Kom, footballer Sunil Chhetri and actress Sarah Ali Khan to endorse its products. Full Article
l Tie-up with Virat Kohli's One8 contributes 10% of Puma India sales By retail.economictimes.indiatimes.com Published On :: 2020-02-25T14:40:44+05:30 According to the company, Puma's collaboration with the Indian cricket captain saw a massive rise in sales in FY2019 with sales through One8 accounting for almost 10 per cent of its overall sales, and cementing the leadership position by a wider margin. Full Article
l Vatika leases 50K sq ft to Decathlon in Gurugram retail project By retail.economictimes.indiatimes.com Published On :: 2020-02-28T08:33:48+05:30 Vatika has leased this space to French firm Decathlon, which is into retailing of sports goods, at its project 'Shopper's Village INXT' in New Gurugram, Haryana. Full Article
l Puma India elevates India MD Abhishek Ganguly to General Manager- SE Asia and India By retail.economictimes.indiatimes.com Published On :: 2020-03-04T08:25:26+05:30 In a letter to the brand’s business partners, Bjorn Gulden, global CEO of Puma SE, announced Ganguly’s elevation in the company adding that that he will continue to work out of Puma’s India head office in Bengaluru. Full Article
l Adidas warns of big coronavirus hit to China sales By retail.economictimes.indiatimes.com Published On :: 2020-03-11T14:34:04+05:30 China accounted for 20% of Adidas sales in 2018. It sells its products from about 12,000 stores in China, most franchises plus fewer than 500 of its own stores. Almost a fifth of its shoes and apparel are produced in the country. Full Article
l Adidas launches “FasterThan” campaign to celebrate women in sports By retail.economictimes.indiatimes.com Published On :: 2020-03-18T12:45:48+05:30 With this campaign, the brand aims to highlight the inspirational stories of real women, influencers and athletes from different age groups and fields through the medium of a film, said the company. Full Article
l Adidas apologises after backlash over refusing to pay rent amid coronavirus scare By retail.economictimes.indiatimes.com Published On :: 2020-04-02T16:31:20+05:30 "We would like to wholeheartedly apologise. We have paid our landlords the rent for April." Adidas, which made a net profit of nearly two billion euros ($2.2 billion) in 2019, has been hard hit by a slump in Chinese sales and store closures around the world. Full Article
l Adidas says worse to come as profits and sales plunge By retail.economictimes.indiatimes.com Published On :: 2020-04-28T08:35:44+05:30 Adidas said 60% of its business was currently at a standstill, with more than 70% of its stores closed worldwide and all big sporting events - including the Tokyo Olympics and Euro soccer tournament - postponed or cancelled. Full Article
l Muted show at Titan no cause for worry, rebound likely in H2 By retail.economictimes.indiatimes.com Published On :: 2019-10-10T08:38:52+05:30 No large-cap company in the FMCG/ retail space is offering growth visibility as high as Titan. Full Article
l Titan’s optical division forays into smart eyewear segment By retail.economictimes.indiatimes.com Published On :: 2019-10-24T17:00:00+05:30 The Bluetooth-enabled smart sunglasses by Titan’s eyewear division will allow users to listen to music with 8-hour playtime. An in-built mic will give access to Siri and Google assistant and allow hands-free calling. Full Article