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FDI in retail sector

Government has made it clear that Foreign Direct Investment up to 51 per cent in retail of single brands, which was allowed last year, should conform to certain policy norms, including an obligation on the foreign firm to sell...

Sachin: Nike cannot use my name

With cricketer Sachin Tendulkar stating that Nike has no right to use his name or image as they have no contractual relationship, the world’s no.1 sportswear brand has suffered a blow in its fight with rival Adidas before the...

Future Group will invest up to Rs 750 crore in Brand Factory

In the next three years Kishore Biyani-promoted Future Group will invest up to Rs 750 crore to step up 50 Brand Factory outlets, which will offer about 120 brands across various categories, including accessories and apparel brands in men's,...

Future Group opens Brand Factory for NCR

Kishore Biyani-led Future Group is launching its first Brand Factory outlet for the NCR region.“On September 26, we will launch the first Brand Factory outlet in NCR as part of the concept of 'fashion value retail', targeted at the...

Blackstone to buy 70 per cent in Gokaldas Exports

Gokaldas Exports Ltd, India’s largest garment manufacturer and exporter, has decided to offer 70 per cent stake to the US-based private equity major Blackstone Group for Rs 676 crore (including a 20 per cent open offer). Blackstone, which has...

Cliff Crosbie of Nokia Corporation will be in India for IRF 2007

Cliff Crosbie, director, retail marketing, Nokia Corporation, will talk about ‘Branded Retail’ and what the Nokia strategy is when it comes to consumer experience, at India Retail Forum (IRF), in Mumbai. i. Crosbie’s Nokia philosophy, in his words, is this in...

Retail Buzz at The Shop in Bangalore

Reliance Retail· Plans to open first Reliance Digital store in Bangalore by August 2007 · To be followed soon by another in Delhi · Plans to open hypermarkets in Ahmedabad by July 2007LMG Brands· Recently launched fashion footwear brand, Josef &...

Lifestyle debuts in Pink City

Lifestyle International, the retail store chain owned by the Dubai-based Landmark Group, has opened its first store in Jaipur. Located at MGF Mall, the 45,000 square feet store sells apparel, footwear, travel accessories, infantwear, toys, cosmetics and perfumes.“Having established...

When FDI Comes to Town

The fact that the Indian government is pondering upon relaxing FDI restrictions in certain retail sectors, among these sports goods, is creating all the necessary anticipation that goes with it. Sports goods worth $28 million were imported into the...

International brands think global – Indian brands think local

“International brands think global, Indian brands think local”Need for changing mindsets, smart business practices and outlookMumbai, January 24, 2007: India is seeing an explosive growth in retail and the engine for this growth is the mall. But there are...
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Nothing Before Coffee targets Rs 100 cr revenue run rate by March 2025

Currently, the coffee-house chain is planning to open more than 35 stores over the next three monthsBengaluru: Jaipur-based quick...
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