Arvind Brands
Retail
Arvind Brands to open 20 Megamart stores this fiscal
Arvind Brands, which owns the value retail chain of stores — Megamart, plans to open 20 small and large format stores this fiscal. Speaking to IndiaRetailing, Suresh J, COO, Arvind Mass Brands, informed, “We are planning a total of...
Retail
Forum Value mall to be launched in Whitefield, Bengaluru
The Prestige constructions company, which owns Forum Malls in South India, is set to launch the Forum Value mall in Whitefield in Bengaluru. Speaking to IndiaRetailing, S Raghunandan, CEO, Retail, Prestige Group, informed that the value mall from Prestige...
Retail
Megamart Outlet Centre debuts in Bengaluru
Arvind Ltd promoted value retailing arm Megamart has opened the third store of its large format retail chain ‘Megamart Outlet Centre’. This time, it's in Bengaluru.Spread across an area of 60,000 square feet, the store retails over 200 Indian...
Retail
Megamart opens its 100th store in India
Furthering their reach in India – value retail chain store – Megamart from the house of Arvind Limited has recently achieved the 100 mark with its 100th store in Karim Nagar in Andhra Pradesh. Future plans include setting up...
Retail
Lalbhai taps PE to expand Megamart
The Sanjay Lalbhai-led Arvind Brands has opened discussions with private equity players for expanding the network of discount fashion chain Megamart. The company is believed to be raising around Rs 700 to 800 crore for funding the expansions.Jayesh Shah,...
Retail
Arvind Brands to implement Oracle ERP
Arvind Brands will implement Oracle' s enterprise resource planning (ERP) software across all its Megamart outlets, Arvind’s value retail chain, in the country.“Upon evaluating the retail software market, we identified that the best practices embedded in Oracle Retail applications...
Retail
Arvind-VF put expansions on hold
Arvind VF Corporation, the joint venture company of Arvind Mills and US-based VF Corporation, has temporarily put on hold the expansion plans for two apparel brands, Rider and Hero.According to the company’s release, "The partnership and the joint venture...
Retail
Arvind plans major expansions
Arvind Brands and Retail, the retail division of Arvind Mills Ltd, has planned to invest around Rs 60 crore to expand its existing formats including Megamart and Megamart Outlet Centre.Announcing this, J Suresh, CEO, Arvind, said: “The number of...
Retail
VF will not buy out Arvind’s stake
VF Corp., the US-based jeans and casualwear manufacturer present in India through a joint venture with Arvind Mills, has dismissed media reports of it buying out Arvind’s stake in the joint venture over poor retail performance and ‘relationship issues’...
Retail
AlphaOne malls on the anvil
Alpha G:Corp, a Delhi-based real estate developer, is coming up with two malls in Amritsar and Ahmedabad under the brand name of AlphaOne.In an email to Indiaretailing, the company said that the Amritsar project will be spread over two...
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