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JUNE 26, 2009
 

Kairali Group to expand overseas footprint via franchising

Kerala-based Kairali Group, which operates Ayurvedic health resorts and spas in India and abroad, has announced plans to foray into the US, the UK and South Africa through the franchise route. Initially, the company plans to roll out at least 6-7 spas in these countries within the next one year. At present, the company has its presence in countries like Japan, Kazakhstan, Mauritius, Lebanon, Malaysia, Vietnam, Poland and Dubai. More...

Australia-based storage franchise to open 100 stores in UK

Howards Storage World, an Australian-based franchise that provides home storage products, is set to franchise throughout the UK. Business partners Martin Brown and David Smith have signed a master franchise agreement with Howards Storage World and are set to open 100 stores in England, Scotland and Wales over the next 10 years, agency reports. More...

New Zealand ice cream franchise opens in Russia

Franchise network New Zealand Natural Ice Cream achieved more than 30 per cent growth of export sales in 2008 and just launched its first site in Russia, the 21st country to be granted a licence agreement, agency reports. More...

Strong first half year for H&M

H&M, Europe’s second-largest clothing retailer, made a stronger result during the second quarter than the markets expectations. Net earnings in the three months to May amounted to 5,784 million kronor, an increase of 6 per cent. More...

Arvind Brands beefs up retail footprint, brand portfolio

Indian apparel group Arvind Brands is ramping up its retail presence and its brand portfolio. The company is going to launch the US-based apparel brand Izod in India in the next six months, reports Financial Chronicle. More...

Dabur to give Fem ‘flagship’ status; increase skincare focus

The Rs 2,800-crore Dabur group is to confer ‘flagship brand’ status to its latest acquisition Fem as it looks to consolidate its position in the fast-growing market for skincare products and take on market leader Hindustan Unilever, reports Economic Times. More...

Louis Vuitton to launch two new Belvedere vodka brands

France’s luxury goods conglomerate Louis Vuitton Moet Hennessy (LVMH) will introduce two new versions of its flagship vodka Belvedere – Belvedere IX and Belvedere Intense in India by September this year, reports Financial Chronicle. More...

Cinépolis ropes in Bharti Retail’s Ashish Shukla on board

Cinépolis, the Mexico-based entertainment giant, has announced the appointment of Ashish Shukla as head of exhibition – Cinépolis. Ashish joins Cinépolis from his position as head -- infrastructure and development, Bharti Retail, according to a company press release. More...

Premji sends legal notice to board and former directors of Subhiksha

The Azim Premji-owned Zash investments has upped the ante in its dispute with the board of troubled retail firm Subhiksha by sending a legal notice to all its current and former directors over their alleged failure to perform their duties, reports Economic Times. More...

 
 
 



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