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Carrefour is here

Carrefour, the world’s second largest retailer, will enter India’s $330 billion retail market by 2009, for which it is talking to three potential local partners. Reliable sources told Indiaretailing that the French retailer is in advance talks with Wadia Group,...

French luxury brands eager for Indian pie

India's luxury perceptions were decoded when French luxury association Comite Colbert organised a meet on "Luxury and India" in Paris, with a minister urging for developing a country-specific model. "An India-specific model for French luxury brands entering the country will...

Protests not to deter retail says Mittal

The ongoing protests and prevailing political uncertainty would not impact on the retail sector, said leading industrialist Sunil Bharti Mittal who is set to launch a joint venture with American giant Wal-Mart. “This is a democracy and all these protests...

Real estate to touch 90 billion U S dollars by 2015 says ASSOCHAM

Indian real estate growing at 30%, is likely to touch US$ 90 billion by 2015 from the current level of US$ 14 billion and boost economic growth to between 9 to 10%, says a study. The additional requirement of 370...

Mixed reactions of retailer fraternity on Chidambaram statement on retail FDI

There was mixed reaction from retailers to Finance Minister P Chidambaram’s announcement that India will open up its $330 billion retail market to foreign investors. “The statement of the minister had no clear signals as to what the government will...

Protests shake confidence of Minister Kamal Nath in FDI in retail sector

The protests in Uttar Pradesh, Kerala and the national capital against organized retail appear to be impacting on the government as Commerce and Industry Minister Kamal Nath said “it is not (about allowing) Foreign Direct Investment, the issue is...

India Retail Forum opens to global industry attendance in Mumbai — India Food Forum launched

Running its fourth year, the country’s largest retail event – India Retail Forum (IRF) – took off in the commercial capital Mumbai. The opening session started with a welcome note and an informative speech by C Vaidyanthan, MD, Retail...

Indian retail will hope to find bigger opportunities and better clarity at IRF 2007

A few hours from now, the retail conglomerate of India as also from across the world, will sit, sip and dine together with one common aim – create opportunities, and chalk out a path for better access to the...

Khadim’s ready for retail growth — will pursue Egaro expansion

Diversify, retail and expand… this seems to be the growth mantra. It’s not just oil major Reliance or a telecom king Bharti who are trying to cash in on the retail rush for department stores. Footwear retailer Khadim's, too,...

Wal-Mart to have dairy processing unit

Eyeing possibilities in the dairy sector, Wal-Mart may set up a dairy processing unit in India and is also looking at direct sourcing of processed dairy products, say industry sources. It is learnt that the company will retail products in...
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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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