seeks franchisees to expand pan-India footprint
Pharmacy, the Hyderabad-based leading pharmacy chain,
is planning to open about 100-200 franchise outlets
across the country by March 2010. At present, the company
has over 570 company-owned and 30 franchised outlets
(mostly in Andhra Pradesh and Karnataka). More...
coffee brand Caffe Pascucci forays into India
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 franchisee 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...
Tuesday continues its global growth
Tuesday, an operator of casual-dining restaurants, announced
recently that it is continuing its aggressive growth
in the Middle East with the awarding of franchise development
rights for restaurants in Abu Dhabi in the United Arab
Emirates, agency reports. More...
supermarket franchise opens latest store in Cyprus
Green's, a UK-based supermarket franchise that sells
well-known British brands, has opened its latest franchise
in Cyprus, agency reports. More...
Rock International to open 12 cafes in emerging markets
Rock International Inc, the owner of the rock ‘n’ roll-themed
restaurants, casinos and hotels, said it will add about
12 cafes this year, mainly in Eastern Europe, Asia and
South America. More...
Cardin says he will sell licences to Chinese
French fashion group Pierre Cardin on Monday said it
would sell its textile and accessories licences in China
to two Chinese enterprises for $280 million, agency
watchmaking towns get Unesco heritage status
Swiss watchmaking towns, birthplaces of brands including
Zenith, Tissot and TAG Heuer, were named Unesco World
Heritage sites, a move that may attract more tourists
as the region suffers from the luxury slump, agency
Gautier to invest Rs 120 crore to set up 20 stores
Homes, the home furniture retail arm of the $3 billion
DS Constructions, has plans to invest Rs 120 crore to
set up a chain of 20-25 furniture stores styled Ebony
Gautier across the country by March 2012, reports Economic
to bet on Indian watch market
member of the Swatch Group, a leading Swiss watch maker,
is betting big on the Indian watch market, lining up
new launches and planning to expand its distribution
network in the next few years. Meanwhile, the company
has recently inaugurated its exclusive boutique at Connaught
Place in New Delhi. More...
to re-enter women’s western wear segment
menswear brand Arrow, from the Arvind stable, is looking
to diversify into women’s formal wear after an earlier
unsuccessful stint. The company, which had undertaken
restructuring of its brands, said it is focusing on
retail expansion besides enriching its product portfolio
with a slew of international brands, reports Business
expands north India footprint
direct selling company Oriflame expanded its footprint
in north India by opening its Lucknow office. At present,
Oriflame has offices in the metros, Bangalore, Hyderabad,
Guwahati, Ahmedabad, Pune, Indore and Ludhiana. More...
Retail looks to buy Henkel’s two soap brands
Ambani’s Reliance Retail has put in bids to acquire
two of Henkel India’s soap brands, a sign of the big
ambitions it has in the fast-moving consumer goods (FMCG)
business, reports Economic Times. More...
in talks to acquire DLFs multiplex unit
chain PVR is reportedly in talks to acquire DT Cinemas,
a wholly-owned subsidiary of India’s largest real estate
player DLF Group. Talks between the two firms are at
a nascent stage, reports Economic Times. More...
Saimira puts up US, Malaysian biz on sale
a move aimed at stemming declining losses and generating
funds for Indian operations, Chennai-based entertainment
company Pyramid Saimira Theatre Ltd (PSTL) has put its
businesses and assets in the US and Malaysia up for
sale, reports Business Standard. More...
India announces correction in results
reference to earlier announcement dated June 27, 2009,
regarding Audited Financial Results for March 31, 2009,
Provogue India Ltd has now informed BSE that there are
two mistakes occurred inadvertently. More...
set to re-enter milk business
largest baker, Britannia Industries, is set to stage
a comeback into the packaged milk business, four years
after it exited this segment, reports Business Standard. More...
to add insurance and apparel to portfolio
channel, part of the Network18 group, plans to sell
a new range of products from areas like insurance, real
estate and apparel, adding to its portfolio that is
dominated by electronic goods, jewellery and home appliances. More...
Dutta to feature in Pizza Hut advertisement
Hut, a casual dining restaurant chain from the Yum!
Restaurants, has roped in actor Lara Dutta to promote
its latest product – Cheesy Bites. Dutta will be stepping
into the shoes of Hollywood star Jessica Simpson who
was featured in the Cheesy Bites international campaign,
reports Financial Chronicle. More...