WEDNESDAY, 4 NOVEMBER 2026

Daily briefing

Thursday, 5 November 2026

Nykaa Lenskart profits jump as Zudio Trent push stores

Delhi desk flags Q2 beats from beauty and eyewear alongside fresh store and partnership moves. Merchants watch festive footfall and quick-commerce reach before Diwali window closes.

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  1. Ecommerce

    Nykaa profit triples on beauty push

    ₹101 crore profit and 25-city quick-commerce target tighten the race for festive beauty baskets.

  2. Retail

    Lenskart profit doubles on volumes

    ₹232 crore profit and 27% volume growth set up the listing as festive frame demand builds.

  3. Retail

    Zudio opens large Gurugram outlet

    23,000 sq ft two-floor store anchors M2K park and adds weekday office traffic to value fashion.

  4. Retail

    Trent brings Caffè Nero to India

    Mumbai first café via partnership adds F&B dwell time inside Trent’s fashion footprint.

  5. Platforms

    Speed and density rewrite retail

    Festive baskets now demand store presence plus 30-minute options or merchants lose the trip.

  6. Retail

    Reliance Retail Q2 adds 303 stores

    Gross revenue up 6.4% to ₹91,716 crore with JioMart rising 42%; total stores hit 19,947 as festive shift hits margins.

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