The Great Indian Shopping Festival launched by Future Group across its retail Formats 6 Large and 12 Other Formats has crossed the sales target of Rs 700 crore set forth by the management. The three (more…)
Category: News & Views
India Retail News & Views
Retail Education / Courses – Russel Square International College
Russel Square International – RSI College is offering various courses for skill enhancement to Retail prospective Employees.
RSI is offering the following courses,
- ReStore Retail Learning Initiative (RLI)
- ReStore Executive Programme
- ReStore Premier Weekend Programmes
- ReStore Professional Programme
- ReStore (more…)
Retail Mantra – Our new identity
Wishing you all a Cheerful 2009, we have an announcement for you. Inspired by Thousands of Brands and Private Labels, we decided to have our (more…)
Stores Offer Discount as Economy Slowsdown
The Indian Economic slowdowns is now pinching the pockets of Retailers more than ever. Reliance Retail is all set to position itself as “Value Retailer” to drive footfalls and improve its performance within the next 6 months. Reliance is positioning its Hyper, Super and Convenience stores as discount destinations (more…)
Challenges for Foreign Retail in India
While covering French Brand Labels in India, we also got to know about some of the Challenges MNC retailers face in India and here is an excerpt from the same.
Continuing on the legal aspects, Nicolas Fouchet, Director of Banana Moon Intimate Wear said,
I am working on a basic market research on the local and international competitors (brands, retail prices, marketing (more…)
French Luxury Brand Labels in India – Part -1
France is well known for its stylish luxury and premium retail brands. The $500 mn domestic market for luxury products (apparel, watches, jewellery, spirits and accessories) may grow over 20 percent year on year for the next 7 to 8 years. French premium retail labels foresee India as an attractive nucleus for making its presence through various sectors. The article is split into two posts and in the first one we will cover about brands and retailing while the second part will be focused on regulations and other hurdles for a MNC retailer in India.
Some of the luxury brands from France in India are as follows,
- Louis Vuitton and Axara in apparel
- Lanvin, Vichy, Lancome, Jean Charles Bosseau, (more…)
Franchisor goes Bankrupt – What can a Franchisee Do ?
While covering Rosebys last week, we had told that we come up with our thoughts on how to deal with Franchisors going bankrupt.
Until 2007 it was common for the Franchisee to go bankrupt and the Franchisor would steer the struggling business associate to safe ground. However, in 2008, the situation is a lot different. Many big Franchisers like 7-Eleven, Baker’s Square, Burger Chef’s etc have been struggling or have become insolvent.
The situation will be alarming when your (more…)
Kimaya Designer Stores + Spa + Cafe
Guess who is expanding during this time of slowdown – Kimaya Designer Store. The first Kimaya store was opened in 2003 @ Mumbai and since then Mr. Hirani is upbeat about his business. Kimaya (more…)