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JUNE 29, 2009
 

Italian coffee brand Caffe Pascucci forays into India

Italian coffee brand, Caffe Pascucci has entered Indian market by setting up its first outlet in Bangalore through its franchisee Madhura Beverages. Meanwhile, Madhura Beverages would invest around Rs 60 crore in the next three years to set up 60 outlets (both company-owned and franchise outlets) across India, of which 10 would be in Bangalore, five each in Chennai and Hyderabad and rest across metros and major cities in the country. More...

Nilgiris plans to open 40-50 stores via franchising

Nilgiris, a century old retailing firm which has a strong presence in south India, has announced plans to add 40-50 more outlets to its existing 100 franchised stores by this December-end. While these outlets are again targeted in south Indian cities like Bangalore, Mysore, Hyderabad, Chennai and Kochi, the Bangalore-based company is also working towards setting up a pan-India network of outlets via the franchise model. More...

Mamas & Papas sign distribution deal to open Japanese market

Nursery products company Mamas & Papas is set to expand its overseas empire. The Colnebridge-based firm has signed a distribution agreement with Japanese nursery goods brand the Pigeon Corporation. The deal will open up another territory in addition to the Middle East, where Mamas & Papas already operates 15 stores through a franchise deal with the Al Tayer Group, and in Russia, where the brand is launching stores with franchise partner FD Lab, agency reports. More...

Chinese shoe maker to buy Pierre Cardin

A private Chinese shoe manufacturer is in discussions with French attire maker Pierre Cardin for possible acquisition, a local newspaper reported on Sunday. More...

S. Kumars buys US co Hartmarx; to invest Rs 168 crore

S. Kumars Nationwide, along with its operating partner Emerisque, UK, has acquired Chicago-headquartered Hartmarx Corporation for $119 million (Rs 571 crore). S. Kumars Nationwide will route its investment of Rs 168 crore through its wholly-owned subsidiary SKNL North America BV, the company said in a statement to the BSE on Saturday. More...

ITC lifestyle products make inroads into international markets despite slowdown

Despite economic slowdown, ITC's lifestyle products have made major inroads into overseas markets, reports The Hindu. More...

Subhiksha stakeholders agree on revival, debt restructuring

Discount retailer Subhiksha Trading Services Ltd, which closed stores after it ran out of cash, is confident its debt recast will be completed well before the end of next month after negotiations with stakeholders. More...

 
 
 



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