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Yum plans aggressive expansion

Yum plans aggressive expansion

Yum Restaurants India, which operates the Pizza Hut and KFC chains in the country, plans to more than double its store network to 2,000 outlets over the next five years. Niren Chaudhary, President, Yum India, in a media interaction, said, “We will end this year by becoming the largest and the fastest-growing restaurant company in India.” The company is

April 23, 2014  |  comments ( 0 )  | 

Mahindra Logistics raises Rs 200 crore

Mahindra Logistics raises Rs 200 crore

Mahindra Logistics (MLL), a subsidiary of the Mahindra Group, has received an investment of Rs 200 crore for a significant minority stake from Kedaara Capital. This is Kedaara Capital’s maiden investment, and is an endorsement of the long-term

April 23, 2014  |  comments ( 0 )  | 

Fabindia will launch `Fabel’

Fabindia will launch `Fabel’

Fabindia, an Indian ethnic clothes maker, will unveil its Western wear brand `Fabel', shortly. This brand has been offering ethic wear for five decades and will introduce the new line in 10 stores in New Delhi, Mumbai, Bangalore and Chennai, in

April 22, 2014  |  comments ( 0 )  | 

Reliance to expand telecom presence

Reliance to expand telecom presence

Reliance Industries plans to open 2,000 exclusive outlets, Digital Xpress Mini, as part of its strategy to retail telecom services, smartphones, tablets and accessories of other brands.  The stores would be spread across around 250 sq. ft

April 22, 2014  |  comments ( 0 )  | 

Titan to foray into women’s wear

Titan to foray into women’s wear

Titan Industries plans to expand into new segments, including women's wear and accessories.  In addition, this player also plans to double its presence to 2,000 stores in the country by 2019. As part of that strategy, Titan is planning

April 21, 2014  |  comments ( 0 )  | 

Future Group to expand its fashion business

Future Group to expand its fashion

The Future Group is planning to set up exclusive stores for two of its private apparel brands, Bare and Rig, as the part of the strategy to expand retail business. The company also aims to expand its 'I am In', the youth-targeted chain that

April 21, 2014  |  comments ( 0 )  | 

Ralph Lauren may enter India, shortly

Ralph Lauren may enter India, shortly

New York-based fashion brand Ralph Lauren is in talks with the Aditya Birla group’s Madura Fashion and Lifestyle for a 51:49 per cent joint venture, according to media reports.  Sources also highlighted that these two companies may sign a

April 18, 2014  |  comments ( 0 )  | 

Ilex-London to open 10 stores in India

Ilex-London to open 10 stores in India

International accessories brand Ilex-London, which began its Indian operations earlier this year, is planning to open 10 exclusive stores in India. The brand port folio includes totes, handheld grabs, cross body satchels, day-to-evening clutches and

April 18, 2014  |  comments ( 0 )  | 

Diageo eyes increased stake in USL

Diageo eyes increased stake in USL

Leading liquor maker Diageo has decided to hike its stake in United Spirits to 55 per cent, a company it had acquired in 2012. Diageo had initially announced plans to acquire a 53 per cent stake in United Spirits for about Rs 11,000 crore in

April 16, 2014  |  comments ( 0 )  | 

Kajaria launches three outlets in Delhi

Kajaria launches three outlets in Delhi

Kajaria, a manufacturer of ceramic and vitrified tiles, has launched three Kajaria Galaxy showrooms in New Delhi. In addition, 20 more stores will be opened later this year. Ashok Kajaria, Chairman and Managing Director, Kajaria Ceramics, in a

April 16, 2014  |  comments ( 0 )  | 

Daikin targets 20 per cent growth

Daikin targets 20 per cent growth

Japanese air conditioner maker Daikin is eyeing a 20 per cent growth in its turnover this fiscal, and as the part of strategy, has launched an innovative range of products. K J Jawa, Managing Director, Daikin Air-conditioning India, in a media

April 15, 2014  |  comments ( 0 )  | 

Dr Batra's to set up 53 more clinics

Dr Batra's to set up 53 more clinics

Dr Batra’s, a leading homeopathy chain, plans to set up 53 more clinics including 28 on a franchisee model by the end of this year, in both metros and smaller towns.   Mukesh Batra, Founder and Chairman, Dr

April 15, 2014  |  comments ( 0 )  | 

Swiss watch ‘Seven Friday’ to enter India

Swiss watch ‘Seven Friday’ to enter

Zurich-based ‘Seven Friday’, a high-end watch retailer, is all set to make a foray in the Indian market, and it will offer watches priced from Rs 92, 000. This brand has started promoting itself on social media about four

April 14, 2014  |  comments ( 0 )  | 

Future Group to acquire Nilgiris

Future Group to acquire Nilgiris

Future Group is all set to take control of southern supermarket chain Nilgiris in a deal valued at between Rs 150 and 175 crore. And, as per the terms of this deal, Future group would acquire the 65 per cent stake held by UK-based PE firm Actis,

April 14, 2014  |  comments ( 0 )  | 

Woodland to focus on smaller towns

Woodland to focus on smaller towns

  The leading footwear and apparel firm, Woodland plans to pay greater attention on smaller cities, as part of its growth strategy.  And, it plans to open 60 stores in tier-II-and-III towns across the country.  Harkirat Singh,

April 11, 2014  |  comments ( 0 )  | 

Tanishq plans jewellery exports to Gulf

Tanishq plans jewellery exports to Gulf

The jewellery retailer Tanishq is planning to start exports to Gulf Cooperation Council (GCC) countries as part of its strategy to boost sales to NRIs.  Sandeep Kulhalli, Vice President - Retail and Marketing, Jewellery division, in

April 11, 2014  |  comments ( 0 )  | 

Wal-Mart to open 50 cash-and-carry stores

Wal-Mart to open 50 cash-and-carry

Wal-Mart India, the wholly owned subsidiary of the world’s leading retailer Wal-Mart Stores, plans to open 50 cash-and-carry stores in the country over the next few years, along with investing and improving its supply chain. Scott Price,

April 09, 2014  |  comments ( 0 )  | 

Manish Malhotra launches his e-commerce store

Manish Malhotra launches his e-commerce

The leading fashion designer Manish Malhotra has increased his distribution reach by launching e-retail site and it would offer his entire repertoire. Manish Malhotra, said, “My customers across the globe would be able to easily purchase my

April 09, 2014  |  comments ( 0 )  | 

Biba enters mass segment

Biba enters mass segment

Leading ethnic wear brand Biba Apparels has entered the mass segment with the launch of its brand, ‘Rangriti, and it is targeting a turnover of Rs 600 crore over the next one year. The company also plans to expand its retail network by 100

April 07, 2014  |  comments ( 0 )  | 

Walmart invests Rs 1,328 crore in India

Walmart invests Rs 1,328 crore in India

US-based grocery retailer Walmart has invested Rs 1,328 crore in its Indian unit and it indicates its aggressive growth plans for India, despite recently ending the joint venture with Bharti Retail. Industry experts highlighted that Walmart would

April 07, 2014  |  comments ( 0 )  |