K Raheja Group
Retail
Shoppers Stop’s MAC arrives in Chennai
Taking a step forward in its expansion plan, retail chain major Shoppers Stop has opened a Makeup-Art Cosmetics (MAC) store in Chennai. With the new store at Kadar Nawaz Khan Road in the capital city of Tamil Nadu, the...
Retail
Shoppers Stop announces Q2 results, cuts rights issue
Retail chain Shoppers Stop, in a filing to Bombay Stock Exchange (BSE), has announced its unaudited financial results for the quarter ended September 30. While the retail turnover of the Mumbai-based company stood at Rs 34,383.40 lakh, the net...
Retail
Andrew Levermore set to exit HyperCity
After putting in four years as CEO of HyperCity Retail, Andrew Levermore is set to leave the K Raheja Group. Levermore is reportedly moving back to South Africa to head some other venture after leading HyperCity for four years,...
Retail
‘You don’t have to spend nine for a sip of wine’
A glass of red wine is still considered to be a luxury in India. Wine manufacturers, for long, have been ruing the fact that they cater to a higher segment of the society and that wine is not popular...
Retail
In anticipation of SEBI REIT Regulations 2008
Looking at investment needs of developers who are instrumental to infrastructural development in India, primarily on the real estate front, M Damodaran, chief, Securities and Exchange Board of India (SEBI), in December last year, issued some draft guidelines for...
Retail
Shoppers’ Stop IPO this year
The K Raheja Group-promoted Shoppers’ Stop is likely to issue its IPO in the market by April-June, this year.
BS Nagesh, managing director, Shoppers’ Stop, in a statement made to Newswire18, said, “There is no question of delaying our rights...
Retail
Mega e-Zones and more from Future
Home Solutions Retail, a part of the Kishore Biyani-led Future Group, is planning to launch a larger version of e-Zone, which is its consumer durable retail format.
“We are planning to launch the Mega e-Zone store at Bengaluru this year....
Retail
HyperCity launched first Argos store and a shopping catalogue
K Raheja Group company HyperCity Retail India, Thursday, launched its first HyperCity Argos, a catalogue shopping retail format, in Thane, Maharashtra.
“The company will open around six pilot stores in Mumbai and seeing their performance will move on to other...
Retail
Build-a-Bear to enter India through Shoppers’ Stop
Shoppers’ Stop, owned by K Raheja Group, has entered in a three year agreement with Murjanis to bring ‘Build-a- Bear Workshop in India. Build-a-Bear is one of the fastest growing US interactive kids brand. Build-a-Bear will be offered through...
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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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