July 25, 2009

GFA mulls PE route to raise funds for expansion

Global Franchise Architects (GFA) is considering raising funds through private equity investment or through venture capitals as it looks to a 30-40 per cent compounded growth in the next three-four years. The food service chain, which owns food service brands such as Pizza Corner, The Donut Baker, Coffee World and The Cream and Fudge Factory, is planning to raise funds by the end of the year, said Joseph Cherian, chief executive officer, GFA India, and managing director, Global Services. More...

Sixty Group opens two stores in Croatia

Sixty Group announces the opening of two Miss Sixty accessories stores in Croatia. The cities of Zagreb and Split become part of the distribution network dedicated to accessories of the brand whose international development plan started with the first store in Madrid, followed by the inauguration of the Salamanca and Shanghai sales points, agency reports. More...

Nike won't use Amazon leather

Sportswear giant Nike announced on Wednesday that it will stop using leather from cattle raised in Brazil's Amazon rainforest, saying the move is part of the company's commitment to curbing the region's deforestation, agency reports. More...

Arvind banks on retail chains to push new apparel brands

Apparel retailer Arvind believes the safest way to build brands in these uncertain times is through departmental stores (shop-in-shops) and multi-brand retail outlets and looks to tap into this retail route to establish new brands, US Polo and Izod, in the country, reports Business Line. More...

Spencer's to focus on large format stores

Spencer’s, the retail arm of the Rs 13,500 crore RPG Enterprises, will be focusing more on large format stores this fiscal and prune down investments per store in order to beat recession blues and turn the company profitable. More...

Greenply plans to open 25 exclusive stores

Plywood and laminate maker Greenply Industries said it is planning to open around 25 exclusive stores across the country this financial year. More...

Reliance to bulk up jewellery biz

Reliance Retail Ltd (RRL) plans to add sparkle to its jewellery format, Reliance Jewel. The company is looking to invest Rs 500 crore to add 25 more stores to the existing 18 by the end of this fiscal. More...

Jolie Fashions unveils ‘She’ perfumes in Chennai

Jolie Fashions India Pvt Ltd, owned by Jolie (Mauritius) Ltd, has launched a range of deodorants and perfumes under the brand ‘She’, in Chennai. More...

Himalayan International set to enter domestic market

Himalayan International, a Himachal Pradesh-based agro export-oriented unit, is set to enter the North Indian market. More...

Royal Classic opens showroom in Kochi

Royal Classic Groups (RCG) has announced the opening of its 70th showroom at Oberon Mall at N H Bye Pass, Kochi. This is the company’s 6th outlet in Kerala. More...

Samsung targets $2 billion turnover from India operations

Consumer durables maker Samsung India said it is targeting to achieve 25 per cent growth in its turnover at $2 billion this year from India. The company had a turnover of $1.7 billion in the last calendar year, according to R Zutshi, deputy managing director, Samsung India. More...

‘Indian retail sector to touch $521 billion by 2012’

Apparel and FMCG segments will be the driving forces for the Indian retail sector, which is likely to grow annually by nine per cent to touch $521 billion by 2012. "FMCG and apparel sectors contribute the maximum to the growth of the retail market in India," Bharti Retail President and COO Vinod Sawhny said during a FICCI event. More...

DotVishal Retail to shut 10 loss-making company-owned stores- 24 July.09
DotEssar Steel Seeks Franchisees To Expand Retail Footprint- 23 July.09
DotSiyaram To Set Up 200 Stores In India, West Asia In Three Years- 22 July.09
DotWelspun Retail Plans 400-500 Stores By 2013; Seeks Franchisees For Expansion- 21 July.09
DotPavers England Takes Franchise Route To Launch Maiden Outlet- 20 July.09
DotGFA Plans To Open 40 New Outlets By March 2010- 18 July.09
DotVeta targets 100 franchise centres in Sri Lanka- 17 July.09
DotKaati Zone seeks franchisees for retail expansion- 16 July.09
DotMan U Restaurant and Bar in Mumbai soon- 15 July.09
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