r E-commerce companies twisting new MHA rules: CAIT By retail.economictimes.indiatimes.com Published On :: 2020-05-02T13:55:54+05:30 Offline traders' body CAIT has argued that e-commerce companies are misinterpreting MHA's new lockdown guidelines and "twisting (them) in their favour to misguide the various state governments and authorities and to create unnecessary confusion." The government has extended lockdown till May 17. It, however, gave some relaxations for business activities and people's movement within areas with limited or no COVID-19 cases. Full Article
r E-commerce may take time to steady cart By retail.economictimes.indiatimes.com Published On :: 2020-05-04T08:27:37+05:30 Until late Sunday, only a handful of states including UP, Maharashtra, Rajasthan, Karnataka, Tamil Nadu, Gujarat, Odisha, Delhi and Uttarakhand issued notifications on the lines of MHA’s Friday order. Full Article
r Amazon, Flipkart to increase warehouses By retail.economictimes.indiatimes.com Published On :: 2020-05-04T08:38:13+05:30 Amazon’s India unit has contracted 2 million sq ft while Walmart-backed Flipkart has contracted 1 million sq ft across Bengaluru, Mumbai Metropolitan Region, Hyderabad, Pune, Ahmedabad, Lucknow and Coimbatore, said multiple persons aware of the development. Full Article
r Grofers is in talks to raise $60-70 million By retail.economictimes.indiatimes.com Published On :: 2020-05-04T08:51:23+05:30 The funding comes at a time when the company’s sales and margins have doubled, compared to the same period last year. Full Article
r Alexa, report to the e-commerce regulator By retail.economictimes.indiatimes.com Published On :: 2020-05-04T16:39:41+05:30 The intention is to bring all B2B, B2C, consumer-facing, consumer-based content platforms, apps-based commerce and IoT device-based services under the policy, potentially engulfing products like the Amazon Echo, which is powered by artificial intelligence-driven virtual assistant Alexa, and MG Hector, the Internet-enabled vehicle from Morris Garages in the regulatory realm of e-commerce. Full Article
r E-commerce firms seek clarity on equalisation levy By retail.economictimes.indiatimes.com Published On :: 2020-05-05T08:11:07+05:30 They also suggested that the levy should not be imposed on services or goods that are executed online but delivered offline – for instance, online hotel bookings, air ticketing and even heavily regulated financial services – besides seeking a clear definition of what comprises online sale of goods, services and the digital or electronic platform. Full Article
r Lockdown 3.0: People place orders online for non-essential items; staff crunch may delay deliveries By retail.economictimes.indiatimes.com Published On :: 2020-05-05T08:27:35+05:30 E-commerce companies have been permitted to sell all items in Orange and Green Zones starting from Monday, the first day of the third phase of the nationwide lockdown that began on March 25. Full Article
r Flipkart group CFO Emily McNeal quits By retail.economictimes.indiatimes.com Published On :: 2020-05-05T08:47:40+05:30 Sources in the company said, McNeal’s role will now be divided between Sriram Venkataraman, who is expected to take over as the CFO of Flipkart as well as the fashion etailer Myntra, and Adarsh Nahata who is currently PhonePe’s CFO. Full Article
r Flipkart appoints Sriram Venkataraman as CFO By retail.economictimes.indiatimes.com Published On :: 2020-05-05T11:27:19+05:30 In his new role, Venkataraman will be responsible for key finance operations and functions at Flipkart and Myntra, including Tax, Risk Management, and Treasury. Full Article
r Amazon worker at New York warehouse dies of Covid-19 By retail.economictimes.indiatimes.com Published On :: 2020-05-06T08:45:31+05:30 Amazon has become a lifeline for consumers facing lockdowns and restrictions around the world, and the company is in the process of adding some 175,000 new employees to cope with the surging demand. But the company has also faced protests from warehouse workers and activists who claim Amazon has failed to do enough to keep them safe. Full Article
r Lockdown 3.0: Mobile phones, gas stoves, trimmers see spike in searches on Flipkart By retail.economictimes.indiatimes.com Published On :: 2020-05-06T14:03:23+05:30 The Walmart-owned company said it had seen an increase in searches for consumer electronic products, including personal grooming equipment such as trimmers. Full Article
r Covid-19 crisis has highlighted e-commerce importance,cooperation in cross-border goods, services movement: WTO By retail.economictimes.indiatimes.com Published On :: 2020-05-06T17:09:42+05:30 Highlighting that network capacity and higher bandwidth services have proved to be crucial, not only during the pandemic itself, but also for e-commerce and economic inclusion in general, it said in an information note: “What can WTO members do to improve communications networks and services?” Full Article
r Non essential e-commerce in the red even in green & orange zones By retail.economictimes.indiatimes.com Published On :: 2020-05-07T08:39:33+05:30 As per estimates by Forrester Research, regions in Green and Orange zones accounted for 30-35% sales of ecommerce firms prior to the lockdown. Full Article
r Another Amazon worker dies from COVID-19 in US By retail.economictimes.indiatimes.com Published On :: 2020-05-07T13:09:43+05:30 The death marks the fourth confirmed COVID-19-linked death of an Amazon worker, following deaths in Hawthorne, California; Tracy, California and the death of a Staten Island, New York, worker who was stationed at the JFK8 fulfillment centre. Full Article
r An e-commerce future, ready or not By retail.economictimes.indiatimes.com Published On :: 2020-05-07T13:20:14+05:30 Buying online might become pricier or less convenient, we might need to rethink fast deliveries, and our neighborhoods may look different. Full Article
r COVID-19: Amazon to deliver essential items in containment zones in Mumbai By retail.economictimes.indiatimes.com Published On :: 2020-05-07T22:26:46+05:30 Under the initiative, Amazon will deliver orders to a designated delivery point in the vicinity of the containment zone, from where volunteers will further deliver the packages to customers' doorstep, the company said in a statement. Full Article
r Provide level playing field to e-commerce companies in red zone: IAMAI By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:17:10+05:30 The Centre, in its revised guidelines on May 1, had allowed “standalone shops” to operate in the red zones, while it restricted operations of e-commerce companies to sale of essential items only. Full Article
r Grooming products flying off E-commerce shelves By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:25:18+05:30 Demand for razors, epilators, trimmers and hair colour soars on ecomm platforms during the lockdown Full Article
r E-commerce players face manpower, zone issues By retail.economictimes.indiatimes.com Published On :: 2020-05-08T15:36:53+05:30 Even at locations open to deliveries, e-commerce players are facing manpower crunch due to travel restrictions on delivery partners. Full Article
r Ecommerce: Covid-19 highlights the urgent need to digitise the supply chain By retail.economictimes.indiatimes.com Published On :: 2020-05-09T14:19:42+05:30 Companies need to come up with strategies to keep the lights on, both by keeping control on the cash burn as well as generating revenue in these difficult times. Full Article
r VLCC to raise funds for expansion: Syed Safawi By retail.economictimes.indiatimes.com Published On :: 2016-07-12T15:22:43+05:30 The business is split in three verticals, services, products and skilling. The services which include slimming and diet planning is the oldest and most known. Full Article
r Jawed Habib's plans to fan out to Indian towns, metro cities By retail.economictimes.indiatimes.com Published On :: 2016-08-14T12:19:34+05:30 , Jawed Habib and Jawed Habib Express, across India's small and big towns, besides metro cities, Jawed Habib said. Full Article
r Gillete Q4 down 35.4% to Rs 47 cr By retail.economictimes.indiatimes.com Published On :: 2016-08-23T17:08:45+05:30 Gillette India reported a net profit of Rs 72.63 crore in April-June quarter a year ago, Gillette India Ltd (GIL) said in a BSE filing. Full Article
r O2 Spa to invest USD 15 mn for biz expansion By retail.economictimes.indiatimes.com Published On :: 2016-09-22T11:46:34+05:30 O2 Spa is currently operating 60 centres across 17 cities in the country. Full Article
r Demonetisation: Old money can still buy you hairdos and spa sessions By retail.economictimes.indiatimes.com Published On :: 2016-11-16T08:39:07+05:30 Salon chains and wellness providers look to spur sales and attract new clients. Full Article
r Gillette Q1 profit zooms 63 pc to Rs 55 crore By retail.economictimes.indiatimes.com Published On :: 2016-12-02T17:49:00+05:30 Its total income from operation was up 7.59 per cent at Rs 419.29 crore during the quarter under review as against Rs 389.68 crore in the same period last fiscal. Full Article
r O2 Spa acquires Zazen as part of its expansion drive By retail.economictimes.indiatimes.com Published On :: 2016-12-10T12:30:41+05:30 With this acquisition, a total of 18 outlets will become a part of O2 Spa and would be known as Zazen Spa from the house of O2 Spa. Full Article
r Health and wellness the new luxury? By retail.economictimes.indiatimes.com Published On :: 2016-12-31T08:59:23+05:30 Aware of the changes in customer preferences, hotels, resorts and online platforms are working to cater to the demand for healthier diets and rejuvenation treatments. Full Article
r L'Oreal India enhances maternity leave to 26 weeks By retail.economictimes.indiatimes.com Published On :: 2017-01-31T08:25:40+05:30 To help new mothers ease back into work, they can also avail of reduced work hours for two continuous weeks immediately after resuming work. Full Article
r Twinkle Khanna to endorse salon hair brand L'Oreal Professionnel for India By retail.economictimes.indiatimes.com Published On :: 2017-03-02T13:31:51+05:30 The announcement was made at the L'Oreal Professionnel Indian Hairdressing Awards, held in Bambolim on Wednesday. Full Article
r Salon chain Be U Salons raises Rs 4 cr in seed funding By retail.economictimes.indiatimes.com Published On :: 2017-04-17T17:03:13+05:30 The chain which currently has 20 outlets operating across Delhi-NCR aims to open over 100 outlets in financial year 2017 across multiple cities in India. Full Article
r VLCC buys Vanity Cube for home delivery By retail.economictimes.indiatimes.com Published On :: 2017-04-25T07:45:59+05:30 Beauty & wellness co expected to spend Rs 100 crore on acquisition, integration and category development of on-demand beauty services startup. Full Article
r VLCC acquires nutraceutical maker Wellscience By retail.economictimes.indiatimes.com Published On :: 2017-05-29T15:49:34+05:30 LCC is now further extending its presence in the high-growth Fast Moving Healthcare Goods (FMHG) segment, with its foray into the nutraceuticals and cosmeceuticals segment. Full Article
r VLCC to enter Saudi market, forges alliance with Cigalah By retail.economictimes.indiatimes.com Published On :: 2017-08-24T07:34:33+05:30 The plan is to launch six such centres in Saudi Arabia in the next 3 years with an estimated investment of over AED (Arab Emirates Dirham) 30 million (around Rs 52 crore). Full Article
r Truefitt & Hill to take India tally to 17 by 2017-end By retail.economictimes.indiatimes.com Published On :: 2017-08-25T09:33:39+05:30 World’s oldest barber shop Truefitt and Hill is keen to take its India tally to 17 by the end of this year. Full Article
r CADD Centre takes over Naturals day-to-day ops By retail.economictimes.indiatimes.com Published On :: 2017-10-03T09:02:36+05:30 With 600 Naturals outlets, Groom India today owns the country’s largest beauty and wellness chain. Full Article
r WestBridge buys 65% stake in salon chain Enrich By retail.economictimes.indiatimes.com Published On :: 2018-08-11T08:23:23+05:30 Enrich founder & director Vikram Bhatt said for the year ending March 31, 2018, the salon chain clocked Rs161crore in revenues and Rs 16.5 crore of positive ebitda. Full Article
r Beauty and Wellness Sector Skill Council inks pact with CIDESCO By retail.economictimes.indiatimes.com Published On :: 2018-09-29T19:46:52+05:30 Zurich-based Committee International d'Esthtique et de Cosmtologie (CIDESCO) is considered world standard for Beauty and Spa Therapy. Full Article
r India's latest acceptance of curls lead to the emergence of a Rs 200 crore industry By retail.economictimes.indiatimes.com Published On :: 2018-04-22T11:27:35+05:30 Even though 60% of the world’s population has either curly or wavy hair, Indians have always considered straight hair the ideal type. Full Article
r Nivea maker warns of margin threat as niche brands disrupt industry By retail.economictimes.indiatimes.com Published On :: 2019-02-27T16:37:23+05:30 "The consumer goods industry... is in turmoil," new Beiersdorf CEO Stefan De Loecker, who took over on Jan. 1, told a presentation to analysts. "I need to act now." Full Article
r Men's skincare category is growing at a faster pace: Naveen Anand, Oriflame By retail.economictimes.indiatimes.com Published On :: 2018-08-22T16:59:07+05:30 These products are manufactured in Europe. So this is an imported range which we are bringing in India. But once we build up the volume, then we may further decide on manufacturing it locally. Full Article
r Nykaa joins party in men’s grooming By retail.economictimes.indiatimes.com Published On :: 2018-07-06T08:21:52+05:30 Nykaa currently offers a limited selection of products under men’s grooming on its main portal with the category being one of the fastest growing ones for the firm. Full Article
r L’Oréal India appoints Amit Jain as new MD By retail.economictimes.indiatimes.com Published On :: 2018-06-20T13:09:55+05:30 Jain, who will join from August this year, will be L’Oréal India’s first Indian managing director after the French cosmetics giant entered in 1991. Full Article
r How Nykaa has changed the way beauty products are added to the cart in India By retail.economictimes.indiatimes.com Published On :: 2018-05-05T15:32:30+05:30 It was a trend investment banker Falguni Nayar was betting on when set up Nykaa to sell everything in the cosmetic and wellness category. Today she has around 750 professionals across different divisions. Full Article
r Nykaa raises Rs 75 crore as valuation touches Rs 3,000 crore By retail.economictimes.indiatimes.com Published On :: 2018-04-23T10:17:00+05:30 This is the fourth round of fund-raising by Nykaa, which last raised about Rs 100 crore in 2016 from Max India, the Sunil Munjal family office and Harsh Mariwala. Full Article
r VLCC to open 50 institutes in India; plans to go international By retail.economictimes.indiatimes.com Published On :: 2018-04-09T13:09:29+05:30 With the opening of more institutes, VLCC is eyeing a 35 per cent year on year revenue growth. In FY 2018, it had a turnover of Rs 55 crore for the skilled business. Full Article
r VLCC ropes in Jayant Khosla, formerly with Landmark, as chief business officer ahead of IPO By retail.economictimes.indiatimes.com Published On :: 2018-03-22T08:16:04+05:30 Khosla’s mandate will be overseeing the firm’s wellness centres, personal care products and its institute of beauty and nutrition, across Middle East, Africa and CIS countries. Full Article
r Believe in the business to stay ahead of the curve: Falguni Nayar, Nykaa By retail.economictimes.indiatimes.com Published On :: 2018-03-21T08:43:59+05:30 "The journey actually began in June when we did well due to marketing, though we were actually not ready operationally." Full Article
r Personal care startup MCaffeine raises $500,000 in pre-Series A round By retail.economictimes.indiatimes.com Published On :: 2018-03-16T12:49:01+05:30 The latest round of funding was led by the startup’s existing backer Harminder Sahni, founder of consultancy firm Wazir Advisors, Lets Ventures’ Mohit Bajaj and Calcutta Angels. Full Article
r Fogg-maker launches Pretty 24 that debunks fairness proposition By retail.economictimes.indiatimes.com Published On :: 2017-12-04T17:25:48+05:30 There is no market for me today because every brand in the category has convinced the consumer that they need to look fair to be successful in life. Full Article