India Latest News - Inside Retail Asia

7-Eleven India launch likely with Future Group
A 7-Eleven India launch is expected to be announced soon as talks continue with Future Group.

Starbucks India plans store roll-out
Starbucks India plans to open 10 new stores by the end of this year.

Skechers India business bought back inhouse
Skechers USA has bought back full control of its Skechers India business.

Ikea services foray boosts loyalty and sales
New Ikea services such as assembly are boosting the flatpack furniture specialist’s sales and customer loyalty.

Tru Kids emerges from ashes of Toys R Us
Toys R Us in North America has been reborn a year after its collapse as Tru Kids.

International sales bolster McDonald’s results
Strong international sales ensured respectable McDonald’s results in the latest quarter.

LVMH achieves record result, with profit up 21 per cent
The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year.

Apple sales and profit slip as iPhone demand tumbles
Tumbling iPhone demand drove an uncharacteristic decline in Apple sales in the first quarter, trimming back its profit for the period.

Reliance to take on Walmart and Amazon online
Jio and Reliance Retail will launch a new e-commerce platform in India.

The Body Shop India plans 20 new stores
The Body Shop India is planning to open 20 new stores this year.

Flipkart secures more funding for Amazon battle
Indian e-commerce firm Flipkart has received US$201 million funding for its wholesale business.

Womens workwear disruptor Ombre Lane wins seed funding
Indian women’s workwear brand Ombre Lane has received seed funding from a group of angel investors.