Joint venture
Retail
Reliance Brands floats JV with Sixty Group
Reliance Brands, a subsidiary of Reliance Retail, has entered into a 49:51 joint venture (JV) with Italian fashion house Sixty Group to retail its brands in the country.
Commenting on the JV, Renato Rossi, co-founder and CEO of Sixty Group,...
Retail
Wal-Mart and Bharti ink JV agreement
World's biggest retailer Wal-Mart and Sunil Bharti Mittal-promoted Bharti Enterprises signed agreements on Monday to establish the 50:50 JV company Bharti Wal-Mart Pvt. Ltd, for wholesale cash-and-carry and back-end supply chain management operations.
By the first agreement, Bentonville, Arkansas-based Wal-Mart...
Retail
Reliance plans retail JV with Rajesh Exports
According to industry reports, Reliance Industries is currently in talks over a retail joint venture with Rajesh Exports, the Bangalore-based jeweller who took over the Oyzterbay retail chain last year. It is believed that Reliance will make a Rs...
Retail
Tommy shop-in-shop at Bangalore
Arvind Murjani Brands Pvt. Ltd has launched the country's first shop-in-shop format of Tommy Hilfiger in Bangalore. Located at Lifestyle, the 1,700 square feet shop-in-shop was launched with Tommy's latest Spring/Summer 2007 collection. This makes it the ninth outlet...
Retail
Reliance eyeing the growing secondhand car market
Mukesh Ambani-owned Reliance Retail is evaluating the option of entering the secondhand cars market in India. This will supplement the group’s efforts to set up multi-brand car servicing stations at its retail outlets. It is expected that service facilities...
Retail
Tesco and British Land in pound 650 mn joint venture
Tesco has announced a 50:50 property joint venture with British Land, already a partner in several other property transactions. The agreement is for a term of 20 years with an early termination option in 2017.
The £650-million deal will generate...
Retail
Shoppers Stop and Nuance Group announce airport retail JV
Indian retailing major Shoppers’ Stop Ltd. and international airport retailer The Nuance Group AG have announced a joint venture for entering the duty-free retail market at Indian airports. The equally owned joint venture, Nuance Group (India) Pvt. Ltd, is...
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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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