Joint venture
Retail
Carrefour will announce India partner in January
French retailer Carrefour, which has shortlisted three Indian companies, is expected to announce its partner in January 2008 and launch its first joint venture hypermarkets in India around mid-2009.“Carrefour has held discussions with a large number of retailers in...
Retail
Reliance Brands floats JV with Sixty Group
Reliance Brands, a subsidiary of Reliance Retail, has entered into a 49:51 joint venture (JV) with Italian fashion house Sixty Group to retail its brands in the country.Commenting on the JV, Renato Rossi, co-founder and CEO of Sixty Group,...
Retail
Wal-Mart and Bharti ink JV agreement
World's biggest retailer Wal-Mart and Sunil Bharti Mittal-promoted Bharti Enterprises signed agreements on Monday to establish the 50:50 JV company Bharti Wal-Mart Pvt. Ltd, for wholesale cash-and-carry and back-end supply chain management operations.By the first agreement, Bentonville, Arkansas-based Wal-Mart...
Retail
Reliance plans retail JV with Rajesh Exports
According to industry reports, Reliance Industries is currently in talks over a retail joint venture with Rajesh Exports, the Bangalore-based jeweller who took over the Oyzterbay retail chain last year. It is believed that Reliance will make a Rs...
Retail
Tommy shop-in-shop at Bangalore
Arvind Murjani Brands Pvt. Ltd has launched the country's first shop-in-shop format of Tommy Hilfiger in Bangalore. Located at Lifestyle, the 1,700 square feet shop-in-shop was launched with Tommy's latest Spring/Summer 2007 collection. This makes it the ninth outlet...
Retail
Reliance eyeing the growing secondhand car market
Mukesh Ambani-owned Reliance Retail is evaluating the option of entering the secondhand cars market in India. This will supplement the group’s efforts to set up multi-brand car servicing stations at its retail outlets. It is expected that service facilities...
Retail
Tesco and British Land in pound 650 mn joint venture
Tesco has announced a 50:50 property joint venture with British Land, already a partner in several other property transactions. The agreement is for a term of 20 years with an early termination option in 2017.The £650-million deal will generate...
Retail
Shoppers Stop and Nuance Group announce airport retail JV
Indian retailing major Shoppers’ Stop Ltd. and international airport retailer The Nuance Group AG have announced a joint venture for entering the duty-free retail market at Indian airports. The equally owned joint venture, Nuance Group (India) Pvt. Ltd, is...
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Hong’s kitchen opens new outlet at Delhi’s Rohini
Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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