Pepe Jeans mulls franchise model to open 50 stores by Sep'10

Pepe Jeans India plans to open 50 more stores pan-India in the next 12 months which would give it a stronger market presence. "We plan to open 50 more stores on a franchisee basis and have earmarked an investment of Rs 50 crore for this. The new stores will be opened over the next 12 months," said Chetan Shah, managing director, Pepe Jeans India. More...

Danish jeweller plans to open 75 franchise stores

Danish jewellery brand Pandora is gunning to open 75 franchised standalone shops in the UK by the end of the year, agency reports. More...

Aldar and Al Futtaim sign deal for largest Ikea store

Aldar Properties, an Abu Dhabi property development, investment and management company, has signed an agreement with Al Futtaim to build the largest Ikea store in the Mena region on Yas Island, Abu Dhabi, agency reports. More...

Welspun Retail to add 50 stores in FY10

Welspun Retail, the retail arm of Welspun India Ltd, expects to add 50 stores in FY10 due to a demand revival this fiscal, taking its store tally to 250. More...

US restaurant chain in India by November

Lite Bite Foods, which has Dabur’s vice-chairman Amit Burman as its strategic partner, plans to launch US-based quick service restaurant Pollo Campero in India by November, reports Business Standard. More...

iMBiz eyes more tie-ups with Aussie brands

iMBiz India, the Indian arm floated by Australia-based Imbiz Pty, is looking at a total of at least nine tie-ups to bring Australian brands in India. More...

PVR to open over 30 screens within next 6 months

PVR, India's largest cinema chain, will open 30-40 more screens across the country in the next six months. More...

India unlikely to allow FDI in multibrand retail: official

India is unlikely to allow foreign investment in multibrand retail at least in the next couple of years, a top industry ministry official said. More...

GE Appliances to focus on premium segment in India

Appliances maker, GE Appliances, is focusing on penetrating the premium segment in India with its international luxury brands like GE Monogram and GE Profile, said Ranjan Damodar, general manager (Asia Pacific). More...

Banarasi sarees get IPR cover, Kanchipuram silk next in line

Banarasi sarees and brocades have got the GI (geographical indication) protection against fake Chinese and Surat powerloom made products and their southern counterparts, Kanchipuram silk, are also about to get GI certificate, reports Financial Chronicle. More...