SEPTEMBER 10, 2009
 

Portico to open 10 new stores via franchise model

Portico New York, the home furnishing brand from Creative Portico India, is planning to open 10 standalone stores through the franchise route across metros and tier-II towns this year, reports DNA. More...

The Open Group expands its global reach with new Middle East franchise

Shift Technologies has announced a franchise agreement to establish the Arabian operations of open standards and interoperability organisation The Open Group, agency reports. More...

Carrefour enters Iran

Carrefour has continued its growth in the Middle East by entering Iran. Carrefour's Middle Eastern partner, Majid Al Futtaim, has opened its first store in the country, which is located on Bahar Street in the Sadeghieh/Ariashar area in the western part of Tehran, agency reports. More...

‘Balenciaga is Gucci's fastest growing brand’

Balenciaga, the trendy fashion house favoured by actresses such as Charlotte Gainsbourg, is the fastest growing brand within the Gucci Group and meeting all pre-crisis targets, its head said on Monday. More...

EWDPL earmarks Rs 2,000 crore to set up 20 malls

Realty firm Entertainment World Developers Pvt Ltd (EWDPL) has announced plans to invest Rs 2,000 crore for setting up 20 malls across India under its rent-free revenue sharing concept for emerging brands. More...

Pantaloon to invest Rs 500 crore to expand India footprint

Pantaloon Retail India (PRIL) has announced plans to invest more than Rs 500 crore to expand its seamless mall Central and the value fashion format Brand Factory over the next two years. Towards this, PRIL will add 25 Brand Factory stores and 10-12 Central malls by 2011, reports Economic Times. More...

Reliance Retail plans expansion in southern States

Reliance Retail Limited (RRL), a subsidiary of the Reliance Industries Limited, is on an expansion mode with plans to add more stores in the southern states. More...

Nikon to open 30 new exclusive outlets

Digital imaging equipment maker Nikon has announced plans to add another 30 exclusive outlets in all the major cities in the country. "We only have 10 outlets which are the Nikon Touch Zones in four metros. We plan to take to 40 stores by the end of this year," said Hidehiko Tanaka, managing director, Nikon India. More...

Himalaya International to enter fancy foods segment

Himalaya International has firmed up plans to enter the fancy foods segments. The company has entered into a formal agreement with a US company for technology transfer and product development suited for the Indian taste palette and climate, reports Business Line. More...