Burberry’s Q3 update offered further signs of the strength of the firm’s growth strategy. It had “a good quarter” and “continued to shift consumer perceptions of our brand and align the network to our new vision”.
Reliance Retail reported a 62 percent jump in its pre-tax profit at Rs 2,727 crore ($384 million) for the third quarter ended December 31, 2019, as against Rs 1,680 crore in the reported in the same quarter a year ago.
Amazon hasn’t done India any big favors by investing $1 billion in the country, its trade minister said on Thursday, laying bare the tensions with the U.S. online retail giant during a visit by its CEO Jeff Bezos.
Future Group’s Future Retail bonds received total offers at six times higher than its debt on offer as the business raised $500 million in its first overseas bond issue which will help to expand its retail footprint.
Ayurvedic personal care brand Patanjali expects its Ruchi Soya acquisition to increase turnover to Rs 50,000 crore in the coming three to five years driven by new product launches and increased plantation area.