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Bata sees prospects in small towns: VP

Bata India, one of the largest retail chains of footwear in the country since 1931, is getting returns much higher from tier II and III cities than metros, said Manoj Chandra, vice president – marketing and customer service, Bata...

Planet M to refresh brand through participatory events

Planet M, one of India’s largest entertainment and lifestyle retail chains, has announced that it will host a series of participatory events countrywide soon to refresh its brand image.According to the company source, these 45-day long events will start...

‘Bezel’ from Gitanjali group to retail luxury watches

Gitanjali Lifestyle, the retail arm of Gitanjali Group, has launched its flagship multi brand high end timewear retail outlet in Mumbai.Branded as Bezel, the store offers foreign watch brands including Just Cavalli, Morellato, Nina Ricci, Cavalli and Miss Sixty.Speaking...

Royal Philips to start India ops

Royal Philips, the European giant involved in manufacturing and retailing consumer products world wide, is all set to start its India operation over the next couple of years. The company, as part of the plan, will set up a...

Reliance Retail to launch Vision Express in September

Reliance Retail today said that it will launch the first optical retail outlet under the brand name Vision Express in Bengaluru, by September this year. For this, the company has signed a joint venture with Pearle Europe.Speaking to media,...

Pure and Play: News on the sidelines (Day II)

– Central and Lifestyle tie up with IsabelleIsabelle, the Delhi-based kidswear brand, has tied up with multi-brand retailers Central and Lifestyle.Confirming the news to Indiaretailing, Vikas Khanna, owner of the brand, said, "We have tied up with Lifestyle and...

Li & Fung considering retailing in India

China-based Li & Fung Group may enter the Indian retail space and is considering the logistics business here. Also, the company has chalked out plans to increase sourcing from the country."Retail is an option that has been on our...

Gitanjali Gems buys 60 per cent of Renaissance Retail

Gitanjali Gems has acquired the retail business of Mumbai-based jewellery company Renaissance Jewellery, by buying a major stake of 60 per cent.Confirming the news to Indiaretailing, a company spokesperson from Renaissance Jewellery said, “We have sold our major shares...

Zodiac computes expansions

Mumbai-based Zodiac Clothing Company Limited (ZCCL) plans to have 300 exclusive stores operational across the country by 2008 end. ZCCL, which owns brands like Zodiac and ZOD!, received the approval from its board to open at least 30 stores...

Gini & Jony IPO by March-April

Gini & Jony, a leading kidswear brand in India, plans to raise Rs 100-125 crore through an IPO, which is expected to be issued by March-end or mid-April this year.Confirming the news to Indiaretailing, Ajay Agarwal, executive director, Gini...
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AC makers’ profits soar in April-June amid blistering heat

Companies such as Voltas, Blue Star, Whirlpool of India, Johnson Hitachi, and Havells which owns the Llyods brand have...
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