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India
to have 10 ManU outlets by 2010
Manchester
United Food and Beverage (Asia) has announced its partnership
with Great Moments Hospitality, under which it will
set up ten food outlets in the north India by 2010.
Under this franchise partnership, the hospitality arm
of the world's richest sports club will set up its first
outlet in Delhi by the end of this year. More...
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Hope
Floats
Notwithstanding
a recent KPMG study that predicts slowdown in the retail
sector to continue for another 12-18 months, there are
encouraging signs of retail revival. The sector is now
in correction mode, shedding some of its flab accumulated
as a result of indiscriminate expansion. More...
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Australian
coffee shop firm plans UK expansion
Muffin
Break, an Australian coffee shop franchise, has announced
plans to expand in the UK. Situated in shopping centre
locations, it currently has 29 outlets and plans to
open at least three more by the end of the year, agency
reports. More...
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New
Look names Alex Cara as franchise director
New
Look has poached Alex Cara, head of franchising at Spanish
retail giant Cortefiel, for a similar role at the fast
fashion group, agency reports. More...
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Carrefour
reports huge losses
French
supermarket group Carrefour has reported a loss of 58.1
million euros in the first half of the year, agency
reports. More...
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Madras
HC dismisses Subhiksha plea
The
Madras High Court dismissed Subhiksha’s scheme of arrangement
proposal, which was filed by Cash and Carry Wholesale
Traders Private Limited (C&C), a subsidiary of cash-strapped
Subhiksha Trading Services. More...
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RPG
group plans to sell 20% in Spencer's Retail
RPG
Group is planning to offload 20 per cent stake in its
retail arm Spencer's Retail, a senior company official
said on Friday. More...
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Emami
plans to use Chlorophyll for integrating Zandu brands
After
the acquisition of Zandu Pharma, Emami is planning to
appoint Chlorophyll, the Mumbai-based brand and communications
consultancy, for integrating the brands of the companies,
reports Business Line. More...
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Dolphin
launches first boutique
D'Mart
Exclusif, an importer and distributor of high-end lifestyle
products in India, has launched its maiden signature
boutique at New Delhi's MGF Mall. More...
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Gillette
India profit up 27%
Shaving
equipment maker Gillette India reported an increase
of 27.32 per cent in its profit after tax (PAT) at Rs
38.12 crore in the quarter ended June 30, 2009 as compared
to the same period previous financial year. More...
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