Daily briefing
Monday, 24 August 2026
DMart funds Ready, Mango doubles down, SKIMS lands
Delhi desk: Avenue Supermarts clears fresh capital for its online arm while Spanish fashion and US shapewear push physical footprints. Merchants watch the volume-premium split tighten before festive stock builds.
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Ecommerce
DMart pumps ₹500 cr into ReadyOnline arm gets fresh capital after 17% revenue rise and wider losses.
Retail
Mango balances 50-50 sales mixLarger stores and quick delivery from outlets lift repeats ahead of new city openings.
Retail
Reliance locks SKIMS for IndiaExclusive pact brings shapewear brand with debut stores in two metros.
Retail
Zudio fined ₹30,000 on bag chargeKarnataka panel calls separate carry-bag fee unfair; value chains on notice.
Retail
Volume still beats premium growthZudio-led value formats outpace curated floors; middle market feels the squeeze.
Retail
Lenskart block deal buzz hits ₹2,900 cr
Sources flag possible 4% discount trade as stock sits near highs; watch opening print for float impact.