Pre-Market Retail Pulse: ITC Hotels Buys Zuri For Rs 205 Cr, Ethos Hits 100 Stores, Nykaa Elevates Nayars
Dense retail tape ahead of May 18 trade: ITC Hotels absorbs Zuri for Rs 205 cr, Ethos opens its 100th boutique in Indore, Nykaa redesignates Adwaita and Anchit Nayar as Executive Directors, Arvind posts Rs 2,553 cr revenue (+15%) while VIP Industries slips to Rs 436 cr (-11.7%), Godfrey Phillips jumps +84.6%, and Baazar Style announces a stock split.
Pre-market roundup with India retail-relevant items: Nykaa redesignates Nayars as Executive Directors, ITC Hotels buys Zuri for Rs 205 cr, Ethos opens 100th boutique in Indore, Senco Gold franchise burglary, Arvind/VIP Industries Q4, Baazar Style stock split, Nestle India says India is largest KitKat market.