OCTOBER 01, 2009
 

Domino’s Indian franchisee eyeing IPO

The Indian franchisee of Domino's Pizza is considering an IPO to enable JPMorgan cash in its 33 percent private equity investment, the Economic Times reported on Wednesday, citing three people familiar with the development. More...

Crate and Barrel to open stores in the Middle East in 2010

Home furnishings retailer Crate and Barrel has entered into a franchise agreement with franchise specialist Al Tayer Group LLC to open stores in the Middle East in 2010, agency reports. More...

Giant candy store to open in gigantic Dubai mall

A Dubai-based company is opening what it says will be the world's largest confectionary store in Dubai as it looks to tap demand from the Gulf Arab region's hunger for candy, agency reports. More...

Ajman sheikh in driving seat for Lacroix takeover

Italian investment group Borletti said on Wednesday it would not make a firm offer for loss-making French fashion house Christian Lacroix, clearing the way for a bid from a Gulf investor, agency reports. More...

'Wal-Mart keen to expand in India'

Wal-Mart Stores Inc, the world’s largest retailer, is keen to expand in China and India, chairman S Robson Walton said in Kuala Lumpur. More...

Vishal looks to restructure debt

Vishal Retail Ltd and banks that loaned it money are in the process of going in for a corporate debt restructuring (CDR) exercise in an attempt to revive the fortunes of the cash-strapped retailer, reports Mint, citing three people with direct knowledge of the matter. More...

Swiss watchmaker Hublot plans exclusive boutiques in India

Geneva-based luxury watch brand Hublot, from the Louis Vuitton Group, is looking to set up exclusive brand boutiques in the country next year (2010-11), reports Business Line. More...

Godrej eyes $1 billion revenue from furniture business

Godrej & Boyce is expecting rapid growth in its global furniture business and hopes to garner over $1 billion in revenues about five years, reports Financial Chronicle. More...

UAE's Spark Mobiles enters Indian market

Spark Mobiles, a part of UAE-based Spark Group of Companies, on Wednesday announced its foray into the Indian market. The company also appointed multi-lingual actor, R Madhavan, as the brand ambassador for its new range of mobile handsets, which will be launched before the end of this year. More...

Select jewellers sign up celebrities to lure clients

Cashing in on soaring gold prices, select jewellery makers are roping in big names to design their products in a bid to offer better value for money to customers, reports Financial Chronicle. More...