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Li & Fung considering retailing in India

China-based Li & Fung Group may enter the Indian retail space and is considering the logistics business here. Also, the company has chalked out plans to increase sourcing from the country."Retail is an option that has been on our...

Gitanjali Gems buys 60 per cent of Renaissance Retail

Gitanjali Gems has acquired the retail business of Mumbai-based jewellery company Renaissance Jewellery, by buying a major stake of 60 per cent.Confirming the news to Indiaretailing, a company spokesperson from Renaissance Jewellery said, “We have sold our major shares...

Zodiac computes expansions

Mumbai-based Zodiac Clothing Company Limited (ZCCL) plans to have 300 exclusive stores operational across the country by 2008 end. ZCCL, which owns brands like Zodiac and ZOD!, received the approval from its board to open at least 30 stores...

Gini & Jony IPO by March-April

Gini & Jony, a leading kidswear brand in India, plans to raise Rs 100-125 crore through an IPO, which is expected to be issued by March-end or mid-April this year.Confirming the news to Indiaretailing, Ajay Agarwal, executive director, Gini...

Hasbro will beef up South-side strength

Hasbro Clothing, the Chennai-based apparel firm, plans to increase its retail presence in Karnataka by opening 32 stores next fiscal. Bengaluru alone is expected to have 13 more exclusive outlets. Gulbarga, Davangere and Hassan are some of the other...

Prateek Lifestyle mulls over branded factory outlets

Prateek Lifestyle, the retail arm of Prateek Apparels (a player in apparel manufacturing and design), has signed several deals with leading brands for opening the latter’s factory outlets. According to industry sources, Prateek Lifestyle plans to have 40-50 factory...

Arrow special — To race against time on the shortest day

Come December 22, and Arrow, one of the most admired menswear brands from Arvind, will unveil a unique one-day offer. The brand will offer cash vouchers equal to the purchase value, to customers buying between 7 am and 11...

Wadhawan in lifestyle business — To launch three foreign brands

Global fashion and lifestyle brands like Ed Hardy, Christian Audigier and Kitson will soon be available to the Indian fashion connoisseurs through Wadhawan Lifestyle Retail (WLRPL), a newly formed lifestyle retailing division of Wadhawan Holdings (WHPL)The group plans to...

Westside launches women’s store in capital

Westside, the stylish store from the House of Tata's and one of the largest and fastest growing chain of retail stores today announced the launch of its first exclusive and one-of-its kind woman's store at Shop 'n' Park Mall...

Reliance TimeOut opens in Bangalore

Reliance Retail Limited (RRL) has launched a new speciality store Reliance TimeOut on Cunningham Road in Bangalore. Spread over 21,000 square feet and with over 56,000 products, Reliance TimeOut offers the customers an extensive range of merchandise in books,...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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