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The
Loot to triple store network in three years, seeks franchisees
The
Loot, a leading multi-brand discount fashion chain,
has added another feather to its cap by opening its
100th franchised store of 1,086 sq ft in Bellary, Karnataka.
Meanwhile, the company has set an ambitious target to
make 120 new stores operational across 75 Indian cities
in the next three years. More...
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Marrybrown
to open more outlets in Malaysia, overseas
Malaysia’s
largest homegrown fast-food chain, Marrybrown Fried
Chicken, has announced plans to opens 35 outlets in
the country and overseas next year, agency reports. More...
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Kraft
Foods Q3 net drops 39%, remains interested in Cadbury
US
food major Kraft Foods has reported a 39.5 per cent
drop in the third quarter net earnings at $824 million,
but said it remains interested in acquiring British
confectionery firm Cadbury. More...
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Wal-Mart
suspends merger of Trust-Mart in China
Wal-Mart
has suspended the merger of Trust-Mart stores in China,
agency reports. More...
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Godrej
eyeing Rs 1,000 crore acquisitions globally
FMCG
firm Godrej Consumer Products is looking at several
acquisition opportunities globally and has earmarked
a budget of Rs 1,000 crore for the purpose, reports
PTI. More...
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Maxwell
to bring French brand Eminence to India
Maxwell
Industries, makers of the VIP brand of innerwear, is
looking to enter the premium innerwear sub-segment through
an alliance with Eminence SA of France, reports IndiaRetailing. More...
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Koutons
Retail to finalise plans to raise funds shortly
Koutons
Retail Ltd has said that its plan to raise Rs 100 crore
through qualified institutional placements is likely
to take shape by end of the year. The apparel and footwear
retailer has said it is witnessing a turnaround in sales
even as it is continuing with its expansion plans, reports
Business Line. More...
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German
brand to retail through Shoppers Stop
Shoppers
Stop has added a European brand to its exclusive international
brand offering. German jeanswear and lifestyle brand
Mustang will operate shop-in- shops within Shoppers
Stop, according to a company press release. More...
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Celebrity
Fashions to spin off divisions
The
Chennai-based Celebrity Fashions Ltd has informed the
BSE that its board on Wednesday agreed in principle
to hive off the various divisions of the company into
separate entities. More...
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TVS
Shriram Growth Fund picks up 25% in Landmark
TVS
Shriram Growth Fund I has picked up close to 25 per
cent stake in Landmark Ltd, a subsidiary of the Tata
group company, Trent Ltd, for Rs 65 crore, reports Business
Line. More...
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Tag
Heuer luxury watch plays real safe
Watch
retailer Ethos has tied up with Oriental Insurance to
provide insurance cover on the entire range of luxury
watch, Tag Heuer, to its niche segment of customers,
reports Financial Chronicle. More...
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