Financial Chronicle
Retail
FNP to double outlets in next two years
Flower retail chain, Ferns and Petals (FNP) plans to double its retail stores in two years to over 200. The company is also venturing into floral exports and starting an academy to train florists.The company that has 110 flower...
Retail
Gitanjali to retail Visconti pens
From jewellery to watches and now pens, Gitanajali Group is expanding its portfolio of luxury accessories. It has signed a licensing deal to retail Visconti, the Italian luxury writing instrument brand, with Emonte that has exclusive marketing and distribution...
Retail
Future Group plans new electronics retail format
Future Group, India’s largest organised retailer, is pioneering a new format of electronics retailing which is a hybrid of Futurebazaar.com —its e-commerce portal and e-Zone —its brick and mortar electronics retailing arm. Christened NewZone, the format, which is expected...
Retail
KFC to tap small towns with product innovations
Banking on its innovations, brand positioning and expansion strategy, KFC, a part of Yum! Restaurants, expects to continue its growth momentum and clock 75 per cent growth year-on-year and also set up 500 outlets, in both metros as well...
Retail
Cream Centre to launch premium ice cream chain
Baskin Robbins may soon face competition at the premium end of the ice cream market. Sanjiv Chona, whose family claims to have pioneered the manufacture of ice cream in India, is all set to revisit his roots by launching...
Retail
JK plans foray into footwear from used tyres
JK Tyre & Industries plans to venture into footwear and accessories manufacturing from used tyres in association with the Footwear Design and Development Institute (FDDI), said vice-chairman and managing director, JK Tyre & Industries, Raghupati Singhania.“The direction that we...
Retail
CCD to bank on Lounge format to drive growth
Cafe Coffee Day (CCD), the retail wing of the Rs 750-crore Amalgamated Bean Coffee Trading Company, expects to record 20 per cent year-on-year growth helped by extensive expansion plans and strong demand for its new formats. The company is...
Retail
Arvind to focus on women’s apparel
Textile and apparel major, Arvind, is now going to focus more on the women’s wear market. To start with, the company has launched the Arrow range of women’s wear and will soon introduce the same under its licensed international...
Retail
Turtle launches men’s festival collection
Close on the heels of setting up a new 4,000 sq ft trouser-making unit at Howrah near Kolkata to tap the large top end of the mass market and the bottom end of the premium market, Turtle, one of...
Retail
Colorbar looks to grow retail presence
Colorbar Cosmetics is planning to expand its business through exclusive retail stores of the brand. The company plans to have four outlets in Delhi, National Capital Region and Mumbai by the end of this year and 10 exclusive outlets...
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