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Alghanim Industries

Retail

The MobileStore acquires X-Cite retail chain of India

Indiaretailing Bureau -
The MobileStore, which is being promoted by The Essar Group, has announced the signing of an agreement for the acquisition of Impact Retail Private Ltd.'s consumer durables and IT (CDIT) operations which runs under the brand name X-Cite.With the...
Retail

X-cite rubbishes exit rumour, to expand in Delhi

Indiaretailing Bureau -
Vehemently refuting what it called 'idle speculation rather than an impartial investigation of facts', consumer electronics retailer X-cite has said that far from shutting shop in India, it is instead poised to expand its store network into Delhi. Responding...
Retail

KIRBY to enter consumer durables sector

Indiaretailing Bureau -
According to sources, a subsidiary of one of West Asia’s largest business houses Alghanim Industries has plans to enter the retail sector through its Indian subsidiary, Kirby Building Systems, a maker of pre-engineered steel buildings. The company has strategically chosen...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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