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Mothercare,
DLF Brands ink JV, to open 200 stores
Global
retail major Mothercare has entered into a joint venture with
realty major DLF's retail management firm, DLF Brands, to
open standalone stores of the UK-based company in the country.
The company, which operates 23 stores in the country under
a separate franchise agreement with the Raheja Group-promoted
Shoppers Stop, is further planning to open 200 stores across
the country. More...
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Sri
Lankan retailer ODEL to go global soon
Sri
Lanka-based retail major ODEL is to expand its global presence
soon, agency reports. More...
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More
Muji stores to open in China
Japan's
Ryohin Keikaku Co plans to nearly triple the number of its
Muji clothing and household-goods stores in China to 30 by
the end of next year, despite the global economic slowdown,
agency reports. More...
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Esprit
mulls JV stake buy from China Resources
Esprit
Holdings, the world's No 6 fashion retailer by market value,
is considering buying the remaining stake in a China joint
venture from partner China Resources Enterprise, Esprit's
chairman has said. More...
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Wal-Mart
Foundation funds to aid disaster relief in southern India
The
Wal-Mart Foundation has announced a donation of $125,000 in
disaster relief for people impacted by recent flooding in
southern India. This donation to CARE will assist in implementing
immediate relief activities for approximately 25,000 flood
survivors in the areas of Karnataka and Andhra Pradesh, reports
IndiaRetailing. More...
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Levi’s
on a consolidation spree
Denim
wear brand Levi's has consolidated its presence in India.
The company has added 35 new Levi's Stores and 60 Levi Strauss
Signature stores in India. The company has also closed down
nine exclusive Levi's stores and 12 Levi's Strauss Signature
outlets, reports Financial Chronicle. More...
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M&S,
Reliance Retail joint venture to open more stores
British
retailer Marks & Spencer, which has a joint venture with Mukesh
Ambani-led Reliance Retail, plans to open 50 new stores in
India in five years. More...
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Gitanjali
unveils largest luxury jewellery boutique in Mumbai
Gitanjali
Lifestyle Ltd, the luxury and retail arm of the Gitanjali
Group, has unveiled the largest luxury jewellery showroom
by the name of Giantti. Spread across 10,000 sq ft, the state-of-the-art
lifestyle showroom is in Mumbai's Atria mall, reports IndiaRetailing. More...
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VLCC
and L 'Oreal caught up in `fuel' war
Fighting
for a larger share of the thriving and competitive beauty
product market, VLCC has threatened legal action against L'Oreal
for the ownership of men's skin care brand 'Fuel', but the
global cosmetic firm has strongly asserted its right on the
trademark, reports Financial Chronicle. More...
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