Subway embarks on expansion spree

Subway, the American made-to-order sandwiches and salads chain, plans to double its outlet count in Kolkata by next year-end to cater to the city's growing appetite for health food, reports Times of India. More...

Gloria Jean's wins international award

Australian owned global specialty coffee brand, Gloria Jean's Coffees, has been awarded the Excellence in International Franchising Award at the Australian MYOB Franchising Awards in Perth. More...

Debenhams sales reboot; profit gains on designers

Debenhams, the UK's second largest department store company, said sales rebounded in the last seven weeks and reported a 23 per cent rise in profit as remodeled stores showcased its most-profitable clothing lines. Sales at stores open at least a year rose 0.6 per cent in the seven weeks ended October 17 after declining 3.6 per cent in the year ended August 29, the London-based company said. More...

Fifa World Cup will fill our coffers: Adidas

Adidas hopes to score many free-kick goals in the next world cup. It is planning to register record sales from its soccer business next year, boosted by the football world cup, claimed chief executive officer Herbert Hainer. More...

Genesis Colors sells 12% to Henderson for $17 million

Genesis Colors, the owner of luxury apparel label Satya Paul, has sold a minority stake to private equity fund Henderson Equity Partners to raise money to fund the expansion plans of the retailer, reports Economic Times. More...

Booker opens first cash & carry store in Mumbai

After Germany's Metro and US-based Wal-Mart, UK's largest cash and carry player Booker Group Plc has set up its first shop in the country at Mumbai. More...

Rahejas focus on hypermarts, junk food

Hypercity Retail (India), a part of K Raheja Corp, has re-strategised its business plans and has decided to down the shutters on its GourmetCity format, reports Financial Chronicle. More...

Vodafone ties up with Shoppers Stop to launch Zoozoo merchandise

Telecom company Vodafone Essar is launching its `Zoozoo' merchandise in alliance with retail chain Shoppers Stop, reports Financial Chronicle. More...

Godrej's furniture unit eyes 20-25% sales growth

Godrej Interio, the furniture unit of Godrej and Boyce Manufacturing Company, aims at a 20-25 per cent growth in furniture sales at Rs 1,100 crore in 2009-2010, up from Rs 880 crore in 2008-09, Interio Division, reports Business Line. More...

Haier to double turnover by '11

Haier, one of the consumer durable companies in India, aims to double its turnover by 2011 from the Rs 350 crore expected this year, reports Financial Chronicle. More...

Dabur Q2 net up 30.7%

FMCG firm Dabur India reported a 30.7 per cent jump in consolidated net profit during the second quarter ended September to Rs 140.34 crore compared with Rs 107.41 crore in the corresponding period last year, driven by strong volume growth across key categories. Revenue was at Rs 855.06 crore compared with Rs 698.45 crore in the corresponding period last year, up 22.4 per cent, the company said in a statement. More...