As the global economy is gradually transitioning from the respond phase to the recovery phase, India is also looking at riding on the festive wave and positive consumer sentiments to return to normalcy. According to a Deloitte survey titled ‘Demystifying The Indian Consumer Behaviour: Gleam Of Festivities Overpowering the Pandemic-Induced…
Tag: cities
Beckhams pay themselves £40,000 a day after strong image rights sales | David Beckham
David and Victoria Beckham have paid themselves £14.5m – or nearly £40,000 for every day of the year – following the strong performance of the former footballer’s image rights sales. The couple collected total dividends in 2019, up £3.4m on the previous year, according to accounts filed at Companies House…
Jimmy Choo launches fashion academy
Housed in a Grade I period property, The JCA | London Fashion Academy campus will open its doors in September. The academy was established through a shared ambition of Professor Jimmy Choo and the founding team, to “nurture the fashion talent of tomorrow”. Courses will combine the latest teachings in…
ShopG secures $1.5 million funding from Orios VP and RPSG Ventures, Retail News, ET Retail
L- ShopG co-founders Pranay Suwalka, Ankur Arora, Yogesh Nehra, Abhishek Mishra ShopG, a social e-commerce platform has raised $1.5 million seed round from Orios Venture Partners and RPSG Ventures. The funds will be used for expanding the community leader network in Tier III and IV cities, scaling technology, building a…
Super Smelly records an annual recurring revenue of Rs 12 crore in 2 years
Within the two years of its operations, which also witnessed the global outbreak of COVID-19, Super Smelly, India’s first and only 100% toxin-free personal care brand for Gen Z has recorded a remarkable annual recurring revenue (ARR) of Rs.12 crores. Having already catered to over two lakh customers from 350+…
Deliveroo appoints Next’s Wolfson as a non-executive as it gears up for float | Business
Deliveroo has drafted in the Next boss, Simon Wolfson, as a non-executive director in a major coup before the takeaway delivery company’s stock exchange listing. It is the first non-executive role that Wolfson, the FTSE 100’s longest-serving chief executive, has taken. It follows this weekend’s confirmation of Deliveroo’s flotation plans…
Dunzo lands $40 million in funding from new and existing investors, Retail News, ET Retail
Hyperlocal delivery startup Dunzo has raised $40 million in Series E funding from new and existing investors including Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria among others. The company said it plans to focus on sustainable growth across its fastest-growing cities such as Mumbai, Chennai, and…
Moonpig confirms stock market flotation for up to £1.2bn | Retail industry
The online greeting card and gifts retailer Moonpig has confirmed plans for a £1.2bn float on the London Stock Exchange , after demand surged for its personalised products during the coronavirus pandemic. Announcing new details of the planned initial public offering, Moonpig, which has been owned by the private equity…