Joint venture

World's largest clothing retailer Inditex entered India with its flagship brand Zara on a Friday in May last year and that day the South Delhi outlet recorded the largest single-day sale by an international retailer in the country. Less...

Rural retail is back in focus of big retailers. While Future Group and Godrej Agrovet's joint venture in rural retailing, 'Aadhar', is all set for a revamp, Rajkot based Champion Agro Ltd is planning to open 400 agri-retail outlets...

Clarks, one of the world’s largest everyday footwear brands, has collaborated with Future Group, India’s biggest retailer, and launched its first exclusive store at Connaught Place in Delhi.The joint venture, Clarks Future Footwear Ltd (CFFL), is planning to open...

Electricals specialist Best Buy Europe, the joint venture between UK company Carphone Warehouse and US group Best Buy, has announced that it is selling the Belgian arm of its business.A statement from the group revealed that an agreement has...

Vision Express, the 50-50 joint venture between Reliance Retail and GrandVision BV, has reached another landmark in the eyewear business by launching its 103rd store. Located at MG Road in Bangalore, the new store offers a wide range of...

Delhi Duty Free Services Pvt Ltd (DDFS), India’s largest duty-free retail space at T3 of IGI Airport in Delhi, has expanded its current portfolio to include luxury fashion brands.Nicholas Goddard Palmer, CEO, Delhi Duty Free Services, said, “This is...

Post the successful launch of its stores in Delhi and Hyderabad, Italian luxury sportswear brand Paul & Shark has launched its store at Palladium Mall, Mumbai. The brand has entered India through a 50:50 joint venture with Reliance Brands...

Keeping an eye on ayurvedic healthcare market, the Yash Birla group is all set to buy out its partner's stake in the joint venture company Birla Kerala Vaidyashala. Harshjeet Kurup and family, original promoters of Kerala Vaidyashala, have agreed...

California Pizza Kitchen Inc (CPK) has opened its second restaurant in India. The new outlet, spread across an area of 4,000 sq.ft with a seating capacity of around 190 people, is situated in High Street Phoenix, Mumbai. CPK has...