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OCTOBER 19, 2009
 

Mothercare, DLF Brands ink JV, to open 200 stores

Global retail major Mothercare has entered into a joint venture with realty major DLF's retail management firm, DLF Brands, to open standalone stores of the UK-based company in the country. The company, which operates 23 stores in the country under a separate franchise agreement with the Raheja Group-promoted Shoppers Stop, is further planning to open 200 stores across the country. More...

Sri Lankan retailer ODEL to go global soon

Sri Lanka-based retail major ODEL is to expand its global presence soon, agency reports. More...

More Muji stores to open in China

Japan's Ryohin Keikaku Co plans to nearly triple the number of its Muji clothing and household-goods stores in China to 30 by the end of next year, despite the global economic slowdown, agency reports. More...

Esprit mulls JV stake buy from China Resources

Esprit Holdings, the world's No 6 fashion retailer by market value, is considering buying the remaining stake in a China joint venture from partner China Resources Enterprise, Esprit's chairman has said. More...

Wal-Mart Foundation funds to aid disaster relief in southern India

The Wal-Mart Foundation has announced a donation of $125,000 in disaster relief for people impacted by recent flooding in southern India. This donation to CARE will assist in implementing immediate relief activities for approximately 25,000 flood survivors in the areas of Karnataka and Andhra Pradesh, reports IndiaRetailing. More...

Leviís on a consolidation spree

Denim wear brand Levi's has consolidated its presence in India. The company has added 35 new Levi's Stores and 60 Levi Strauss Signature stores in India. The company has also closed down nine exclusive Levi's stores and 12 Levi's Strauss Signature outlets, reports Financial Chronicle. More...

M&S, Reliance Retail joint venture to open more stores

British retailer Marks & Spencer, which has a joint venture with Mukesh Ambani-led Reliance Retail, plans to open 50 new stores in India in five years. More...

Gitanjali unveils largest luxury jewellery boutique in Mumbai

Gitanjali Lifestyle Ltd, the luxury and retail arm of the Gitanjali Group, has unveiled the largest luxury jewellery showroom by the name of Giantti. Spread across 10,000 sq ft, the state-of-the-art lifestyle showroom is in Mumbai's Atria mall, reports IndiaRetailing. More...

VLCC and L 'Oreal caught up in `fuel' war

Fighting for a larger share of the thriving and competitive beauty product market, VLCC has threatened legal action against L'Oreal for the ownership of men's skin care brand 'Fuel', but the global cosmetic firm has strongly asserted its right on the trademark, reports Financial Chronicle. More...

 
 
 



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