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Kimaya ready to foray into the US market

Luxury retail player Kimaya is all set to rub shoulders with international giants such bas Calvin Klein, Crate & Barrel, Polo and Valentino, among others. The company is setting up its own retail unit in Madison Avenue, New York,...

Tesco to experiment in Czech Republic with new-look department store

British-based international grocery and general merchandising retail chain Tesco will open a department store under a new fascia in European country Czech Republic. Slated to open by the end of this month, the store will open in Liberec and...

Vee India Retail to foray luxury apparel retail; to open maiden store in Delhi

In a major development to country’s luxury apparel retailing, Vee India Retail is all set to enter into retail segment with the launch of its maiden store — Pocket Store — at Pitampura in Delhi on 14th of this...

DIAL to invite retailers for upcoming duty free space

Delhi International Airport Ltd (DIAL), the body engaged in managing Indira Gandhi International (IGI) Airport in the national capital has been learnt to invite global retail brands to open stores in its upcoming T3 international terminal.At present around 800...

Entire Calvin Klein portfolio to be in India

To capitalise on growth opportunities in the Indian market, the US-based designerwear company Calvin Klein has planned to bring its entire portfolio of brands to India in the next two years.“We are closely monitoring the roll out of our...

India is third among brand-conscious buyers: Nielsen

“Indian consumers have listed themselves among the top three brand-conscious apparel buyers in the world,” says the latest edition of Nielsen Global Luxury Brands study.According to the study, improving economy and opening of the Indian market have given rise...

Cosmos developing malls and a multiplex in the east

Moving headlong to tap into the retailing potential in eastern India, Cosmos, the lifestyle retailing wing of Meghalaya-based RNB Group of Industries, is readying to perk up the shopping experience in the region. The company will start constructing a...

Tony Hunt will be in India for IFF 2008

Tony Hunt, the training expert from Grasmere, UK, will discuss the finer points on ‘Where is the Next Change Coming From?’ in all areas of business, at India Fashion Forum (IFF) 2008, to be held in Mumbai on January...

Turkish retailers asked to head East

With China opening up its market for foreign retail, Turkey’s famous retailers are being encouraged to head East.“Let us invest in China together if you want. You have the power for this,” Multi Turkmall Chairman Hans Otto Nagel told...

Unilever will give up luxury perfume business

Consumer goods major Unilever will sell its luxury perfume business, which produces Calvin Klein, Cerruti and Vera Wang fragrances, for $800 million (£438 million). The Anglo-Dutch group said it had agreed to sell Unilever Cosmetics International (UCI) to US...
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HUL Q4 profit dips 1.53% to Rs 2,561 cr, net sales flat at Rs 15,013 cr

Net sales of Hindustan Unilever Ltd (HUL) were almost flat to Rs 15,013 crore in the March quarterNew Delhi:...
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