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Spencer’s targets 20-25 hypermarkets by March ’12

RPG Group-promoted Spencer's Retail plans to increase its presence through large-format stores. The retailer will open 20-25 new hypermarkets, besides a few small neighbourhood stores, by March 2012.“We plan to add an area of around six lakh sq.ft by...

All-cash buyout by GSK

Britain-based GlaxoSmithKline Plc has agreed to buy Maxinutrition Group Holdings Ltd, a UK-based manufacturer of protein-enhanced nutritional products, for $255 million in cash. Glaxo will purchase all of the shares of Maxinutrition from London-based Darwin Private Equity...

UGG and Jimmy Choo team up

An exclusive collaboration between UGG Australia and Jimmy Choo will hit the stores this October. The capsule collection is based on UGG’s sheepskin boot construction with Jimmy Choo details. The collection features five styles in multiple colour variations including...

PE investments touching $13 billion

Private equity investment in the country is set to touch $13.5 billion during this year, making India one of the top seven recipients of such funding in the world, a study said. Further, private equity funding is projected to...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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