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Ritu wears transition into Big Life Ritu wears

Ritu wears apparel and life style retailed has rewritten his name has BigLife Ritu wears. Having a moderate start by ritu wears  now it is promptly known for fashion and style. Delhi based retail chain has done well in initial years and created niche for itself. Ritu wears as name may have suggested for women [...]

carrefour is ‘wait n watch’ mode in India

Carrefour so far has been in wait and watch mode in India. It has opened only one store in India in seelampur in east Delhi. It has taken a social initiative by offering MCD school in its vicinity. carrefour has been talking for opening four new cash n carry store in India. However location they [...]

Wal-mart to open 10 new stores – raj jain

wal-mart India has decided to open 10 more CASH N CARRY  stores in India.  First store was opened in Punjab near chandigarh. It has been great success and prompted to open new store. so far it has opened sis wholesale stores. It is also seeing as a move t be ready for retail business. It [...]

Pantaloon is high on profit registered 26% profit

Pantaloon Retail’s profit after tax for the third quarter of FY ’11 grew 26 per cent year-on-year. Revenue grew 17 per cent year-on-year and same store sales growth in the lifestyle format is 10 per cent year-on-year. But these figures show a drop comparable to the same period last year. However, IIFL Institutional Equities, a [...]

kishore biyani planning to extend our youth apparel brand DJ&C

The Kishore Biyani-led enterprise is making a foray into the personal-care segment with a range of deodorants for youth in its Denims, Jeans and Casuals (DJ&C) brand, which is expected to cross the Rs 200-crore mark this year, fuelled largely by apparels and the deo category. “We are bullish on our private brands and have [...]

President advocate for FDI in multi Brand Retail – Budget 2k11

With decline in FDI inflows, the Government has said that it needs to work on reform-friendly policies to attract increased overseas investment in the country. “We have to strive to make the domestic environment more conducive to investment, encouraging public as well as private investment and domestic as well as foreign investment, particularly foreign direct [...]

Inida to open FDI in Multi – Brand Retail : Budget 2011

Finance minister Pranab Mukherjee may signal the government’s intent to open up foreign direct investment (FDI) in multi-brand retail as one of its measures to contain commodity prices. A group of secretaries of the departments of industrial policy and promotion (DIPP), food and public distribution, food processing industries and the Planning Commission is working on [...]

Modern retail to grow by 7.7 lacs crore by FY 16

The final day of India Fashion Forum 2011 saw the release of the Images Year Book which in true tradition beings the round up of the past year. Voicing the thoughts of the industry, it is a repository of knowledge, important view points and landmark events. Moving on the day witnessed serious discussions on the [...]

Brandhouse retail is under valued

“Brandhouse Retail is a part of S Kumar group. This company is involved in developing and managing exclusive brand outlets for foreign brands in India. The companies, which are in the brand portfolio, include Reid & Taylor, Stephen Brothers, Carmicheal House, Belmonte and Dunhill. This company has got a store network of close to 800 [...]

India to open multi brand retail to foreigners

India’s Trade and Industry Minister said on Friday that talks to open up the country’s multi-brand retail sector to foreign investors were at an advanced stage, but he did not give a deadline. “We are very seriously engaged,” Anand Sharma told Reuters in an interview in Kuala Lumpur. “It is receiving attention of the government [...]