June 17, 2009

Tata's Trent, UK's Arcadia may sign franchise pact

Trent, the retail arm of the Tatas, plans to open around 15 stores of Topshop and Topman brands in the country in the next three years, in a franchise agreement with Britain’s Arcadia group, reports Business Standard. More...

Burger giant eyes 135 outlets in MENA region

Burger giant Wendy’s is to return to the region next year, after its US parent company entered a franchise agreement to open 135 restaurants across the Middle East and North Africa, agency reports. More...

NexCen Brands opens maiden Great American Cookies store in Mexico

NexCen Brands has opened the first Great American Cookies franchised store in Mexico. This is the first store to open under an existing master franchise agreement, signed in October 2008, which allows for a minimum of 30 Great American Cookies stores and 15 Pretzelmaker stores to be opened in Mexico over 15 years, agency reports. More...

Tesco sales rise 13% on gains in UK, Asia

A strong performance in the UK and Asia and a recovery at its nonfood business helped Tesco PLC post a 13 per cent increase in sales for its fiscal first quarter, agency reports. More...

VF-Arvind JV puts value brands business on hold

The VF-Arvind joint venture (JV) is putting on hold its mass brands business in India because they could not sell the desired volumes through the existing large-format retail network, reports Financial Chronicle. More...

DLF Brands set to wind up Piquadro JV

DLF Brands is winding up its joint venture (JV) with Italian leather and luggage accessories major Piquadro to open a chain of monobrand stores in the country, reports Economic Times. More...

Titan sets $1 billion revenue target for current fiscal

Titan Industries, which sells jewellery and watch among others, has set a goal of crossing the $1 billion-mark turnover in the current fiscal. Titan Industries, a joint venture between the Tata Group and Tamil Nadu Industrial Development Corporation, had recorded Rs 3847.72 crore revenue in 2008-09. More...

HomeTown set to unveil largest store in Kolkata

HomeTown, the leading home improvement retail chain owned by Home Solutions (India) Ltd, a part of the Future Group, will unveil its largest store this week at Bengal Shrachi’s Block by Block mall in New Town, Kolkata. Spread across 200,000 sq ft, the store claims to be the largest retail outlet in the city. “We have always shared a special emotional connect with Kolkata and this HomeTown store is an affirmation of our faith in this city,” said Kishore Biyani, the CEO of the Future Group. More...

Ecoscapes unveils Denzili brand products

Ecoscapes International Pvt Ltd, a leading retailer of quality handcrafted cultural arts, home decor and gifts, has launched a range of premium glassware in the domestic market, Denizli. More...

Godrej Consumer buys out SCA from joint venture

Godrej Consumer Products Ltd, the fast-moving consumer goods major, has bought out Sweden's SCA Hygiene Products firm from their equal-stake joint venture. Godrej SCA Hygiene Ltd will now become a wholly owned unit of Godrej Consumer Products Ltd, reports DNA. More...

Multiplexes see better biz after India exits T20

With India crashing out of the Twenty20 World Cup, multiplex operators are expecting an increase in footfalls over the coming few weeks, reports Business Line. More...

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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
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DotHard Rock Cafe Opens Maiden Franchise Outlet In New Delhi- 06 June.09
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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