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Cambridge Apparel pushes its two brands

One of the Mumbai-based menswear majors, Cambridge Apparel, plans an image makeover through a five crore rupees ad blitz, diversifying into women's formal wear, expanding its store-network and pushing its two brands, Platinia and Work and Play collection. "So...

Carrefour profit decline seen bottoming in 2009

French retailer Carrefour is seen reporting a hefty drop in 2009 profits this week after an especially tough year's trading in Europe, but analysts say the worst of the earnings decline is likely to have passed. Carrefour, the world's...

Serving the discerning consumer

Focusing only on merchandise is passe as retailers world-over continue shift their focus towards retaining their customers. Effectively managing the inventory, working capital, providing quality and stronger price value, creating a differentiated product and shopping experience are the most...

Spice Retail acquires Global Access

Spice Retail Ltd, the multi brand mobile and technology retail chain, has announced that it has acquired Karnataka-based retail chain Global Access. The company said in a statement that it has aggressive expansion plans and aims to add products...

Madame opens store in SN Market, New Delhi

Madame, one of the leading brands in women western wear, has opened one store in Sarojini Nagar market, New Delhi. The store, housed in 550 sq ft, will offer a person comfortable choice for acquiring clothes that one...

Customer-centric retailers roll the dice

“Rather than trying to fit the world to our business model, we need to fit the business model to the real world that exists,” comments Devangshu Dutta, chief executive of Third Eyesight. At present, in the midst of a...

“This is the right time for aggressive expansion.”

It defied the aftershocks of a slowdown and decided to fight back with aggressive marketing and branding. For Kolkata-based footwear retail brand Touristor, the downturn has been a rather positive experience -- it led to a balance of aggressive...

Retail Food Group bets big on Indian market

Betting big on the $12-billion Indian retail market, Australia's Retail Food Group (RFG) plans to make its proposed venture here to be bigger than its domestic operations within the next 15-20 years. The company, which will enter the Indian...

Adapt to targets: Chetan Shah

“It is important to specify the targets, as youth will say 'no' to the brands they see their fathers sporting,” said Chetan Shah, country head, of Pepe India, remarked on the second day of the 25th IAF World Apparel...

PVR acquires DT Cinemas

PVR Ltd, on November 13th, announced that it has reached an agreement with DLF Group’s DT Cinemas to acquire their cinema business on a slump sale basis. PVR will fund the acquisition through part stock and part cash payout....
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Latest News

Indian consumers prefer ‘offers’ faster online than offline: Report

The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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