Joint venture
Beauty & Wellness
Hermes invests in India for its fragrance business
French luxury brand, Hermes International, for its fragrance business, has enetered into a licensing and distribution arrangement with the Kolkata-based Beauty Concepts India. The company, which entered India in 2007 through a 51:49 joint venture with Khanna Specialty Retail,...
Beauty & Wellness
L’Occitane upbeat on Indian business
French natural cosmetic brand, L'Occitane, is looking at growing its retail outlets to 20 in the next four years along with a considered expansion of its spa business, as per Guillaume Geslin, GM, L'Occitane India Pvt. Ltd. The brand...
Retail
Italian apparel brand OVS industry opens in Delhi
OVS industry, a leading Italian apparel brand, in a joint venture with Brandhouse Retails Ltd, recently inaugurated its first store in Delhi, at Ambience Mall, Vasant Kunj. The store is spread over an area of 6,500 sq.ft. The brand...
Beauty & Wellness
Vogue India chooses ‘Evolve’ as the best med spa
Mumbai-based Evolve Medspa, a joint venture between the Yash Birla Group and Paciifc Healthcare has been chosen as the 'Best Med Spa' of the year by the fashion and lifestyle monthly - Vogue India. The prestigious award was given...
Retail
Spar Group secures new JV in China
Spar Group Inc, a leading global supplier of retail merchandising and other marketing services, has formed a joint venture with Shanghai Wedone Marketing Consulting Co Ltd in China. The new JV will provide merchandising and marketing services to manufacturers...
Retail
Bharti Wal-Mart training centre comes up in Delhi
In a bid to bridge the gap between demand and supply of skilled manpower in modern retail, Bharti Wal-Mart, a joint venture between Bharti Enterprises and global retail giant Wal-Mart Stores Inc, has opened a training centre in Delhi....
Retail
Carrefour acquires 51 per cent stake in Baolongcang
Carrefour has signed an agreement to acquire 51 per cent stake in Baolongcang, a major hypermarket operator in the fast growing Hebei region, close to Beijing, in China. Baolongcang’s founders will retain the remaining 49 per cent stake in...
Retail
Spencer’s Retail shifts focus on hypermarkets
Spencer's Retail, part of RPG Group, has closed down around 100 supermarkets in the last one year to consolidate its position and to open more hypermarkets. The company plans to open 15 hypermarkets in FY 11, while opening supermarkets...
Retail
Pantaloon forms 50:50 JV with C&J Clark
Pantaloon Retail (India) Ltd., one of India’s largest retailers, formed a 50:50 joint venture (JV) with the UK-based C&J Clark International. The JV would also engage in wholesaling of Clark's branded products in India.C&J Clark is one of the...
Retail
Vision Express expands in Bengaluru
Vision Express has opened its 12th store in Bengaluru, taking its total count to 54 stores across India. The launch of the 54th store coincides with Vision Express completing more than a year’s retail operations in India. The new...
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Latest News
India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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