July 15, 2009

Man U Restaurant and Bar in Mumbai soon

Manchester United Food and Beverage Asia (MUFB Asia) has decided to test the popularity of Old Trafford in India by opening Manchester United Restaurant and Bar in India. MUFB Asia -- which has exclusive rights from MUFC to own, operate, franchise and develop a chain of Man U restaurants and bars in the Asia Pacific region -- plans to open its first flagship outlet in Mumbai. Further, the Singapore-based company plans to open around 10 outlets over a period of two-three years in India. More...

Century 21 launches master franchise in Thailand

Century 21 Real Estate LLC, the franchisor of one of the world’s largest residential real estate sales organisations, recently announced that it is continuing to expand in Asia Pacific with the signing of a master franchise agreement to open Century 21 franchises in Thailand, agency reports. More...

Burberry says 1Q revenue down 4%

British luxury goods company Burberry Group PLC said Wednesday that total revenue fell 4 percent in the three months to June 30, dragged down by a slump in wholesale revenues, agency reports. More...

Mizuno to close 200 stores in China

Japanese sports brand Mizuno has announced that it will close 200 unprofitable stores in China, agency reports. More...

Johnson & Johnson Q2 profit dips to $3.2 billion

Consumer healthcare products maker Johnson & Johnson reported a 3.6 per cent drop in profit at $3.20 billion for the three months ended June, mainly on account of overall fall in sales. More...

Pantaloon turns Aadhaar into rural shopping mall

While consumers in big cities are spoilt for choice when it comes to shopping malls, towns in the hinterland are still waiting for the retail revolution to unfold. Envisaging the immense business potential in such smaller towns, Kishore Biyani's Future Group is looking at repositioning its Aadhaar outlets, which it bought from Godrej last year, to offer a wholesome shopping mall experience, reports DNA. More...

V Mart to launch eight new stores

New Delhi-based retail chain V Mart is treading cautiously on its expansion plans. The company plans to open eight new stores by the end of this financial year in tier-II and tier-III cities.The cities include Ujjain, Aligarh, Ballia, Chhapra, Arah and Patna, among others, reports Financial Chronicle. More...

Landmark to open six more large format stores

Books and music retail chain, Landmark has announced plans to set up six more large format stores during the year with investment of about Rs 30 crore. A subsidiary of Trent and part of the diversified Tata Group, Landmark has tied-up with Disney to set up an experience zone for kids and will host first HP Photo Land in this part of the country. More...

Jewellery major Rajesh Exports consolidates retail brands

In the backdrop of a slump in retail, one of the country’s largest jewellery manufacturers and exporters Rajesh Exports is consolidating its retail brands into a single entity, reports Business Line. More...

Multiplexes may see 40% income erosion for Q1

National multiplex chains like PVR, Inox, Cinemax, Fame, Fun and Adlabs are expected to post a combined net loss of Rs 30-35 crore for the first quarter of 2009-10, due to the two-month long deadlock between Bollywood producers and film exhibitors in April and May, reports Business Standard. More...

Court asks HCL to submit papers on Subhiksha dues

Madras High Court has asked HCL Infosystems to produce the original of the document detailing the outstanding dues payable to it by crisis-ridden retail chain Subhiksha. More...

DotKFC, Pizza Hut's parent co Yum under ED's lens- 14 July.09
DotDixy Chicken debuts in India via franchising- 13 July.09
DotGrand Slam to set up 30 more franchise stores in tier II, III cities- 10 July.09
DotBest Western to unveil 15 new franchise properties in India- 09 July.09
DotAmara Raja Batteries to expand pan-India network via franchising- 08 July.09
DotH&R Johnson eyes Rs 3,000 crore turnover; seeks franchisees for expansion- 07 July.09
DotWay2Wealth seeking franchisees to expand pan-India footprint- 06 July.09
DotZedds mulls franchise route to expand footprint- 04 July.09
DotWadhawan Hospitality to bring Cinnabon brand to India- 03 July.09
DotCCD looks to expand global imprint- 02 July.09
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