July 03, 2009

Wadhawan Hospitality to bring Cinnabon brand to India

Wadhawan Hospitality, the food and beverages arm of Wadhawan Enterprises, has entered into a tie-up with US-based Focus Brands to open Cinnabon bakeries in India. The company has acquired the master franchisee rights to open both owned and sub-franchised Cinnabon Bakeries, reports Business Line More...

Russian X5 Retail Group completes buy-out of franchisee

Russian X5 Retail Group has completed its buy-out of the company that operates the Pyaterochka chain in the cities of Yekaterinburg and Chelyabinsk in Russia. The group has acquired the 25 per cent stake in the venture it did not already own, giving it full control of the chain. More...

Ikea set to open second outlet in Beijing

The Sweden-headquartered furniture retailer Ikea has confirmed that it will open its second outlet in Beijing in Xihongmen, Daxing district, agency reports. More...

Hugo Boss CEO sees first signs of recovery

German fashion house Hugo Boss sees the first signs of a recovery but expects difficult market conditions to persist through the first half of next year, agency reports. More...

Future arm mulls mall development company

Future Capital Holdings (FCH), the asset management and consumer credit business arm of Kishore Biyani-controlled Future Group, is setting up a mall development company to manage, develop and own retail properties in the country, reports Economic Times. More...

Gitanjali Gems acquires 70% stake in MobileNXT

Jewellery makers Gitanjali Gems has acquired a 70 per cent stake in mobile retail chain MobileNXT Teleservices Pvt Ltd. The Bangalore-based firm will now be branded as 'Hoop' and will sell items like fashion jewellery, watches, eyewear, etc. besides mobile phones. MobileNXT has raised funding from TV18, Avendus and some angel investors. More...

S Kumars to raise Rs 1,000 crore via QIP route

Textile firm S Kumars Nationwide (SKNL) plans to raise Rs 1,000 crore through issue of shares on qualified institutional placement (QIP) basis to fund its expansion plans. The company’s board has approved raising an amount not exceeding Rs 1,000 crore through the issue of shares, SKNL said in a filing to the Bombay Stock Exchange. The company would seek shareholders nod for the proposal. More...

Footwear brand Zedds plans more stores

Zedds, the domestic fashion footwear brand, opened its second fully owned outlet in Hyderabad and has announced plans to set up 15 stores within two years. The director of Zedds, Rajesh Rawtani, said the company is now in talks with retail chains and large format stores to step up its presence. More...

Emami mops up Rs 310 crore via QIP

Emami, the Kolkata-based leading FMCG major, has raised Rs 310 crore through the QIP route for paying of its debts, developing and rolling out new products and funding other expansion plans. This came on the heels of the FMCG business of Zandu Pharmaceuticals being demerged into Emami on June 19, reports Financial Chronicle. More...

V-Guard ready for African foray

Electrical and electronic equipment manufacturer V-Guard is foraying into the overseas market in September by exporting voltage stabilisers to African countries. Apart from stabilisers, the company is also looking at shipping cables and solar water heaters to that region this year, reports Financial Chronicle. More...

Godrej appliances register 27% growth in Kerala

The Appliances Division of Godrej & Boyce Manufacturing Company Ltd has witnessed a steady growth in Kerala by registering 27 per cent growth during the first quarter of the current financial year, Ramesh Chembath, general manager (marketing), has said. More...

Titan eyes 20% growth in East

Titan, the Rs 3,000 crore market leader in watches, is eyeing a 20 per cent growth in the eastern region this year, on the back of new launches supported by innovative designs. More...

Artd’inox eyes ‘daily use’ products

Artd’inox, the lifestyle and retail arm of Jindal Group, wants to shake off its image as a mere ‘gifting’ product and aims to become a ‘daily use’ product. “We are driving to make the product popular for daily use and increased our range and widened our price points,” said Veer Kaul, COO, Jindal Group. More...

Videocon rejigs logo, starts new tag line

Videocon Industries has created a new identity. As part of the overall re-branding exercise, the consumer durables company released a new logo and a tag line in San Francisco. More...

New ad for Dairy Milk chocolate

Moving on from the ‘downsizing’ and ‘salary cuts,’ the latest campaign from Cadbury Dairy Milk -- Aaj pehli tareek hai -- celebrates payday, reports Financial Chronicle. More...

Survey pitches for FDI in multi-format retail

The Economic Survey has made a hard pitch for opening-up of FDI in a host of sectors, including the controversial multi-format retail. More...

Subhiksha cases adjourned again

Retail chain Subhiksha on Thursday sought more time from Madras High court to respond to the petition filed against its merger with little-known MSE-listed NBFC Blue Green Constructions and investments. Justice P Jyothimani adjourned the hearing on the case to August 3. More...

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DotYum Restaurants looks for 50% revenue from KFC- 01 July.09
DotMedPlus seeks franchisees to expand pan-India footprint- 30 June.09
DotItalian Coffee Brand Caffe Pascucci Forays Into India- 29 June.09
DotNilgiris to open 40-50 new stores via franchising - 27 June.09
DotKairali Group to expand overseas footprint via franchising- 26 June.09
DotZudaas France to take franchise route to expand India footprint- 25 June.09
DotIndus Fila enters domestic retail biz; seeks franchisees to expand footprint- 24 June.09
DotIndian handloom brand Cottage eyes China foray via franchise route- 23 June.09
DotUltraTech plans 71 building solutions outlets across Maharashtra- 22 June.09
DotBSNL mulls over franchise route to reduce costs- 20 June.09
DotBSNL mulls over franchise route to reduce costs- 19 June.09
DotKarrox to make south India foray; seeking franchisees for expansion- 18 June.09
DotTata's Trent, UK's Arcadia may sign franchise pact- 17 June.09
DotNumero Uno to open 50 new outlets via franchising- 16 June.09
DotMaishaa mulls franchise model to expand pan-India footprint- 15 June.09
DotAfter DLF, Rahejas want to surrender SEZ- 13 June.09
DotPizza Corner to open 100 stores pan-India this year- 12 June.09
DotFood King exploring franchise route to set up shop abroad- 11 June.09
DotSLCL plans 1,500 franchise stores pan-India by 2011- 10 June.09
DotRasna To Open 30 New Devil's Workshop Outlets Via Franchising- 09 June.09
DotMadame eyes 200 outlets by 2012; seeking franchisees for expansion- 08 June.09
DotHard Rock Cafe Opens Maiden Franchise Outlet In New Delhi- 06 June.09
DotGlobal property consultant RE/MAX to expand network via franchising- 05 June.09
DotBird Academy to take franchise route to expand network- 04 June.09
DotHair Designer Jawed Habib Mulls Franchise Route To Open 100 Salons- 03 June.09
DotHealth Sanctuary plans 50 new franchise centres pan-India- 02 June.09
DotS K Educations eyes 150 new playschools via franchising- 01 June.09