Kroger registers $44.6bn in sales for first quarter of FY22
The retailer expects its adjusted EPS to be between $3.85 and $3.95 for the full year.
India Deals
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India Deals
Pepco posts 17.2% growth in revenue for first half FY2022
The company upgraded its target to open around 450 net new stores in FY22.
Frasers buys Missguided’s intellectual property for £20m in cash
Missguided will be operated as a standalone business within the group.
Reliance to buy minority stake in Plastic Legno’s Indian toy business
The investment will expand RBL’s supply chain in the Indian toy market.
Farfetch completes minority investment in Neiman Marcus Group
The strategic partnership will see Bergdorf Goodman and Neiman Marcus join the Farfetch Marketplace as partners.
SUGAR Cosmetics secures nearly $50m in Series D funding round
The brand operates more than 40,000 retail outlets across more than 550 cities in India.
Lenskart subsidiary Neso Brands raises more than $100m in funding
The business will partner with and invest in direct-to-consumer eyewear brands to enable them to roll out quickly worldwide.
GIC affiliate to invest $282.7m in Indian fashion retailer ABFRL
Proceeds from the investment will be used to facilitate ABFRL’s businesses growth.