Updates

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Nikhil Chinapa to Launch Menswear Line, Teams up with Koovs

IMAGES Retail Bureau – Jul 23, 2014

DJ-VJ Nikhil Chinapa has collaborated with e-commerce website Koovs to launch his exclusive menswear line, according to IANS. The collection is inspired by Chinapa's love for music.

Snapdeal Partners with Shilpa Shetty-led Satyug Gold

IMAGES Retail Bureau – Jul 23, 2014

Online marketplace Snapdeal has entered into an exclusive partnership with Satyug Gold to launch a range of jewellery collection, designed by Bollywood actor Shilpa Shetty, according to PTI. Under the...

Online Retailer Flipkart Raises $1 bn Funding

IMAGES Retail Bureau – Jul 23, 2014

E-commerce retailer is reportedly known to have raised over over $1 billion (Rs 6,000 crore) and is likely to announce the fund-raising by next week as confirmed by people aware about the development,...

International Fashion Retailer Mango Partners with Myntra.com

IMAGES Retail Bureau – Jul 22, 2014

International fashion retailer Mango will extend its online presence on Myntra.com from August 2014. Starting August, the e-retailer will offer over 800 styles for women starting from Rs 700 for basic...

Toonz Retail to Set up 200 Stores in 5 Years

IMAGES Retail Bureau – Jul 22, 2014

Kidswear and toys retailer Toonz Retail India is targeting to set up 200 stores in the country in the next five years, of which at least 10 would be in Kerala, especially in smaller towns, according t...

Tesco Appoints Unilever's Dave Lewis as New CEO

IMAGES Retail Bureau – Jul 22, 2014

Britain's largest retailer Tesco has appointed Unilever executive and turnaround specialist Dave Lewis as the new CEO in place of incumbent Philip Clarke from October 1 as it warns of 'challenging' ma...

Walmart to Expand Cash-and-Carry Biz in India

IMAGES Retail Bureau – Jul 21, 2014

In the month of June, Walmart Stores invested heavily in its Indian cash-and-carry business to expand its network in the country, taking its total investment in the country to nearly 2,000 crore, acco...

Swiss Watchmaker Swatch Submits Proposal for Setting up Stores in India

IMAGES Retail Bureau – Jul 21, 2014

Switzerland-based swiss watchmaker Swatch has submitted a formal proposal to the commerce ministry for setting stores in India under the 100 percent FDI route following the footsteps of IKEA and H&M, ...

DIPP Mulls Scrapping of 30% Mandatory Domestic Sourcing Clause for FDI in Single-Brand Retail

IMAGES Retail Bureau – Jul 21, 2014

The department of Industrial policy and promotion (DIPP) may do away with the 30 percent domestic sourcing clause for FDI in single brand retail leading to increased foreign direct investment inflows,...

PVR to Invest Rs 250 Cr on 100 New Screens this Fiscal

IMAGES Retail Bureau – Jul 21, 2014

Multiplex operator PVR will invest Rs 250 crore to add 100 new screens this fiscal as part of its expansion plans, according to a top company official, mentions PTI. PVR currently has 444 screens in 1...







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