July 27, 2009

Indian Terrain mulls franchise route in tier II, III cities

Celebrity Fashions, which owns Indian Terrain, the popular menswear brand, is re-structuring its business to manage the impact of limited consumer spending. The Chennai-based garment exporter aims to expand Indian Terrain in tier II and III cities and the expansion will happen through the franchise route. More...

Saudi Savola expands retail chain with $117 million Geant buy

Saudi-based Savola Group has agreed to pay 440 million riyals ($117.3 million) to buy all Geant supermarkets owned by private Fawaz Alhokair Group, agency reports. More...

China's retail sales up 15% in first half of 2009

According to figures released by China's National Bureau of Statistics, China's retail sales in the first half of 2009 reached about CNY5.871 trillion, a year-on-year increase of 15 per cent. More...

De Beers focuses on cost control to shine again

De Beers’ far from sparkling results show its management is finally tackling costs and over-production, but that won’t stop Anglo American chief executive Cynthia Carroll fretting about the diamond group’s debts as she tries to wriggle out of Xstrata’s bear hug, agency reports. More...

Godrej Consumer in takeover talks with Sara Lee

Godrej Consumer Products is in discussions with Sara Lee Corp to acquire 100 per cent stake in Godrej Sara Lee, a joint venture (JV) between Godrej group and the US-based firm. The Board of Godrej Consumer Products (GCPL) yesterday approved the proposed acquisition of this 49 per cent stake from Godrej ConsumerBiz and Godrej Hygiene Care, the two subsidiaries of Godrej & Boyce. More...

Nikon opens exclusive D-SLR camera zone in Bangalore

Nikon India has announced the launch of an exclusive Nikon professional D-SLR camera zone in Bangalore which is also the first of its kind that Nikon has opened in Southern India in addition to two zones in Mumbai and Delhi. Further, Nikon aims to open 25 similar outlets across India by the end of this financial year. More...

Spencers to open country's first gourmet stores

CESC subsidiary Spencers Retail will open the country's first specialised gourmet stores in Kolkata on July 30, said Sanjiv Goenka, vice-chairman, CESC. More...

Godrej Consumer Q1 net up 78% at Rs 69 crore

FMCG major Godrej Consumer Products said its net profit rose by 78.20 per cent at Rs 69.68 crore for the first quarter ended June 30, 2009 over the same period last year. More...

Global designers to style Wipro's furniture range

The premium furniture market in India, dominated by global brands like Herman Miller, Steelcase and Haworth, is set to see an Indian company, in the form of Wipro, aggressively trying to find a space in this segment by roping in international designers. More...

Subhiksha lenders may seek more time for CDR

Even as the deadline for Subhiksha’s corporate debt restructuring (CDR) process, which the company is working on with 12 creditor banks and three major shareholders, draws close (July 31), it seems banks are looking at the option of approaching the CDR forum for an extension of deadline, reports Economic Times More...

DotGFA Mulls PE Route To Raise Funds For Expansion- 25 July.09
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