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Koutons Retail

Koutons president Balvinder Singh Ahluwalia quits

The exodus of top executives from debt-ridden apparel retailer Koutons Retail is continuing unabated with Balvinder Singh Ahluwalia, who was the company's President, becoming the latest to join the exit list."I have quit Koutons Retail recently and have not...

Koutons Retail net profit up for FY 2009-10

Fashion wear brand Koutons Retail India has posted a net profit of Rs.314.375 million for the quarter ended March 31, 2010 as compared to Rs.358.266 million for the corresponding quarter a year ago. The total income for the quarter...

Union Budget pushes GST rollout to April 2011

A day ahead of Union Budget the markets were tepid, the sensex closed trading at 16254.20 (plummeted by 1.77 points). But soon after the first post slowdown Union Budget was tabled the Sensex and Nifty closed trading at 16429.55...

Shoppers Stop to raise funds via share sale

Indian retailer Shoppers Stop Ltd. expects to raise more than 2.50 billion rupees ($54.1 million) via a proposed share sale partly for setting up stores as consumer spending improves after a slump last year."The way we see it, the...

Retailers keep up sales growth

The September quarter results of retailers show a continued recovery in consumer spending. Sales of listed retailers increased by a good 12 per cent in the September 2009 quarter compared with the same period in 2008, a bigger gain...

Koutons converts more outlets to family stores

Apparel company Koutons Retail is in a consolidation mode and is assessing the performance of its existing 1,400 outlets. In the past six months, the company has relocated about 50 outlets across India and converted over 150 exclusive men's...

Retail fraternity speaks ahead of Budget 2009

India Inc’s expectations ahead of the much awaited general budget to be presented by Finance Minister Pranab Mukherjee later today, are high. IndiaRetailing contacted some key industries related to retail and real estate to gauge expectations from the...

Survival of the fittest

By how much has the consumer’s pocket been impacted by the economic crisis? This is a question that has been troubling consumer goods manufacturers and retailers over the past few months. Thoughts on how to emerge from the crisis...

Indian retail Q3 results’ takeaways

After most of the public listed retail companies disclosed their quarterly results for the quarter ended December 31, 2008, a slowdown in revenue momentum was visible even in the festive quarter on account of marked dip in footfalls. Industry...

Koutons unveils ‘Feel Me’ collection

In an effort to strengthen its menswear range, apparel major Koutons Retail India has launched a new range to its existing collection. Branded ‘Feel Me’, the range offers premium shirts for casual wear and party wear to its customers,...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

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