Swedish furniture major Ikea has pushed back the launch date of its first India store at Hyderabad from July 19 to August 9 as it wants to complete all quality commitments before entering the Indian market.
The Kolkata-based conglomerate ITC has revealed that it aims to become the largest fast moving consumer goods (FMCG) company in India and, in order to achieve this, it is launching a host of new products.
H&M is upbeat despite a tough six months, saying it's on the right path, is improving the product mix, seeing good results from new launches and scaling up tech developments that offer future profit potential.
Swedish retail giant Ikea recently conducted a session titled ‘Living with Children’ in Hyderabad to give insights into its product range design for children and offered a preview of its India plans for kids.
Inditex sales may have risen only 2% in Q1 but it was still a record quarter and without currency exchange effects it would have powered ahead by 7% as both online and stores expansion again proved a winning formula.