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Sensex breaches 11,000, recovers; Retail stocks form mixed bag

Green is the word that remained alien at Dalal Street, this Wednesday. The benchmark index Sensex continued to nosedive for the third day in a row. Nothing really seems to be working, neither RBI’s reduction of CRR nor Sebi’s...

Bata sees prospects in small towns: VP

Bata India, one of the largest retail chains of footwear in the country since 1931, is getting returns much higher from tier II and III cities than metros, said Manoj Chandra, vice president – marketing and customer service, Bata...

Tier I and II cities to be the future retail destinations: Experts

The fresh and future retail destinations for the Indian retailers will be the tier II and III cities in 5 years as of now. Debating on the topic ‘The next urban frontier: Twenty cities to watch’ on the third day...

Encouraging Q1 figures posted by retailers

The quarter that ended on June 30, 2008, listed some healthy figures as many companies related to the retail sector reported a growth in their net incomes and profits. Adlabs Films Ltd Adlabs, the Reliance Anil Dhirubhai Ambani Group company that...

Brand chiefs mark 10 obstacles in women and kids wear business

Over 30 decision-makers in or related to the women and children wear business, marked and discussed 10 issues that must be addressed for betterment of the industry. The decision-makers got together at the Nokia Images CEOs Meet at the Pure...

Bata’s shares rise as it announces expansion plans

Shares of Bata India rose by five per cent today after the company had announced its plans to invest around Rs 480 crore for opening around 250 new stores across the country over three years. Speaking to media at the...

Reliance and Bata agreement could be just speculation

In an effort to widen the reach of their respective brands, Reliance Retail’s footwear division and Bata India are believed to have entered into an agreement. However, none of the companies have disclosed the news and declined to comment. When contacted,...

Bata rebuffs industry speculations on its garment foray

Industry speculations that Bata will launch apparel brand are not validated yet. The company is looking at it as a vague idea that may or may not be considered when the board sits and discusses the company’s future strategy. Sharing...
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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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