June 30, 2009

MedPlus seeks franchisees to expand pan-India footprint

MedPlus 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...

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 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...

Ruby Tuesday continues its global growth

Ruby 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...

UK-based supermarket franchise opens latest store in Cyprus

Thomas Green's, a UK-based supermarket franchise that sells well-known British brands, has opened its latest franchise in Cyprus, agency reports. More...

Hard Rock International to open 12 cafes in emerging markets

Hard 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...

Pierre Cardin says he will sell licences to Chinese

The 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 reports. More...

Swiss watchmaking towns get Unesco heritage status

Two 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 reports. More...

Ebony Gautier to invest Rs 120 crore to set up 20 stores

Ebony 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 Times. More...

Tissot to bet on Indian watch market

Tissot, 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...

Arrow to re-enter women’s western wear segment

Premium 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 Line. More...

Oriflame expands north India footprint

Swedish 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...

Reliance Retail looks to buy Henkel’s two soap brands

Mukesh 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...

PVR in talks to acquire DLFs multiplex unit

Multiplex 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...

Pyramid Saimira puts up US, Malaysian biz on sale

In 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...

Provogue India announces correction in results

With 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...

Britannia set to re-enter milk business

India's 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...

HomeShop18 to add insurance and apparel to portfolio

HomeShop18 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...

Lara Dutta to feature in Pizza Hut advertisement

Pizza 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...

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