​H&M’s first half and Q2 were all about its ongoing recovery as the retail giant benefited from “increased full-price sales and lower markdowns”. But there remain challenges and comparison periods are getting tougher.

The National Anti-Profiteering Authority has found cosmetics brand L’Oreal guilty of profiteering to the tune of Rs 186.39 crore after failing to pass on goods and services tax cut benefits to the consumer.

Amazon India has expressed that it is “excited” for the government’s Open Network for Digital Commerce and will work closely with the government to develop it, seeing it as a way to digitise more retailers.

The Republic of India and the United Kingdom concluded the fourth round of talks for an India-UK Free Trade Agreement on June 24 after addressing 20 policy areas.

Direct-to-consumer brand, Mom and World has strengthened its product portfolio with the launch of a range of products for kids under the brand name ‘Kidsy’.

Flipkart has signed a memorandum of understanding with Telangana’s Society for the Elimination of Rural Poverty to facilitate market access for self help groups and farmer producer organisations in the state.

Indian actor Rashmika Mandanna has joined skincare beauty brand Plum as an investor and brand ambassador.

Leading skin care brand Samisha Organic has strengthened its product portfolio with the launch of four new skin care products in the Indian market.

Amazon India aims to carry out a large-scale expansion project of its facilities in Uttar Pradesh to enable it to reach its pan-India target of creating 1 million jobs in the country by 2025. 

Reliance Industries Limited’s mall chain Nexus Malls has partnered with Jio-bp, a fuel and mobility joint venture between RIL and bp, to launch electric vehicle charging stations across its 17 malls in 13 cities.

Personal care brand Wow Skin Science has launched a new campaign with Bollywood actor Bhumi Pednekar to promote its vitamin C face wash products.

Natural skincare and personal care brand Mamaearth plans to reach a valuation of around $3 billion as it plans to launch an initial public offering in 2023. 

Idam House of Brands has strengthened its leadership team with the appointment of Reena Mansukhani as the vice president - brand and communications for its personal care brand Bella Vita Organic.

L'Oreal chief executive Nicolas Hieronimus said he remained confident about the outlook for the beauty industry with consumers continuing to want to indulge despite the global economy becoming "even more complicated.

Gurugram-based social commerce platform CityMall has brought in a number of structural changes to its employee base and has decided to lay off 191 workers to adapt to evolving market conditions.

Open Network for Digital Commerce will enable kirana and other small store owners to run digital storefronts at a minimal cost with wider logistics and inventory options, analysts posit as the pilot continues.