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    RPG to introduce global coffee and apparel brands


    RPG Group, the company which runs the Spencer’s Retail outlet, is planning to introduce global brands in India.

    Announcing plans, CESC vice chairman Sanjiv Goenka said: “We will soon announce a few tie-ups with foreign brands for both single standalone retail chains and in-house shops in Spencer’s.” Spencer’s Retail Ltd is now a part of private power utility, CESC Ltd.

    Goenka declined to provide details of the tie-ups saying, “It will be announced when we sign the agreement.” However, according to sources close to the developments, tie-ups with coffee and apparel brands might be on the cards.

    The company’s retail revenue during 2007-08 was over Rs 1,000 crore, and it aims to increase it to Rs 1,800 crore in 2008-09.