Megamart
Retail
Arvind plans major expansions
Arvind Brands and Retail, the retail division of Arvind Mills Ltd, has planned to invest around Rs 60 crore to expand its existing formats including Megamart and Megamart Outlet Centre.
Announcing this, J Suresh, CEO, Arvind, said: “The number of...
Retail
Vishal to partner kiranas
Vishal Retail has devised a new branding strategy that will not only publicise the ‘Vishal’ brand, but will also strengthen kiranas to compete corporates in the business of retail.
The company will partner local kirana and allow them to use...
Retail
More of Arvind for small cities
Textile majors Arvind Mills is planning to open 30 large-format and 200 small-format Megamart stores across 100 tier II and III cities in the country.
“We are planning to invest Rs 300 crore for expansions,” Sanjay Lalbhai, managing director, Arvind...
Retail
Megamart to retail footwear and lifestyle electronics
Megamart, the large-format retail chain of Arvind Brands, is widening its products portfolio by adding footwear, watches, lifestyle electronics and luggage.
“We are planning to start a shop- in- shop format by March, and are in talks with leading brands...
Retail
Megamart plans mega store in Chennai
Megamart, the discount retail format from the Arvind Brands stable, is geared to open its first mega store of 40,000 square feet in Chennai.
“The Chennai store will be operational in two-three months’ time. Megamart intends to open two-three large-format...
Retail
Arvind Mills brings Cherokee and US Polo brands — set to launch Izod
Arvind Mills Ltd has entered into an international license agreement with the US fashion brand Cherokee for India operations. The company is also set to launch a US-based brand named Izod.
“Arvind Mills has signed a multi-year pact with the...
Retail
Arvind Mills aims for billion dollar by 2012
Leading textile manufacturer Arvind Mills intends stepping up its retail plans across the country to achieve a sales turnover of a billion dollars by 2012.
The company intends to achieve the target by expanding its value retail chain‘Megamart’.
It also has...
Retail
Quick-service restaurants from Vishal
From a megamarts chain to restaurants, and to spas and amusement parks, Vishal Retail is eyeing all business opportunities in the business of retail.
Following the McDonald's concept, the company is planning to open 10,000 quick-service restaurants across the globe.
Also...
Retail
Arvind Mills net profit at Rs 6 crore — sales at Rs 510 crore
Announcing the financial results for the quarter ended June 30, 2007, Arvind Mills have posted sales increase by 21 per cent at Rs 510 crore, as against Rs 421 crore in the corresponding quarter last financial year. Profit before...
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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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