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PVR to open 1,000 screens by 2022

Leading multiplex operator PVR expects its annual footfall across India to cross the 100 million mark in the next two years, according to a top company official. According to a PTI report: It is currently on an expansion spree with...

PVR goes extra large, to open 15 XL screens with an investment of Rs 60 crore

Leading multiplex operator PVR will invest around Rs 60 crore to add up to 15 screens under its new premier sub-brand P by FY 2018-19, a top company official was quoted by news agency PTI as saying. PVR on Tuesday unveiled a new sub-brand P, its home...

L’Opéra joins hands with PVR; opens outlet at Director’s Cut

L’Opéra, Delhi-NCR’s finest, award-winning pâtisserie, has now joined hands with PVR, India’s leading cineplex brand, to bring a new delightful experience, to one of Delhi- NCR’s landmark commercial destinations, Ambience Mall, Vasant Kunj. Renowned for its unparalleled quality bakery and...

Smaaash buys PVR’s bowling and entertainment format bluO

Multiplex operator PVR today said it has sold its premium bowling and entertainment format bluO entertainment to Smaaash Entertainment for Rs 86 crore. "PVR has entered into definitive agreements with Smaaash Entertainment to sell its stake in bluO entertainment, a...

Oberoi Mall to explore Omnichannel route, to launch premium mixed-use retail projects by 2020

Envisioned as a fashion and entertainment destination, Oberoi Mall opened its doors for shoppers on April 15, 2008. Situated on the Western Express Highway and with a GLA of 5,50,000 sq. ft., Oberoi Mall has occupied a significant position...

Pune’s Retail Real Estate Sector: The Game Gets Real

While the demonetisation wave put a dampener on residential sales across India, the retail market was comparatively unaffected and showed good flexibility in terms of a steady consumer spending pattern. Pune’s retail market is receiving considerable investment attention from...

PVR refurbishes iconic multiplex at Mani Square, Kolkata

PVR Cinemas, the largest cinema exhibitor in India, has revamped its four screens multiplex at Mani Square in Kolkata. Upholding its commitment in the eastern states, PVR comprises of 13 screens and three properties in West Bengal and in the...

PVR aims to double revenue; aims to clock Rs 4,000 crore in 5 years

Multiplex operator PVR is aiming to double its revenue to around Rs 4,000 crore and screen count to 1,000 across the country in next five years. "Our strategy is to increase screen penetration in India. We are about 570 screens...

PVR aims to acquire 100 more screens in 2017

Multiplex chain operator PVR, which acquired DT Cinemas last year, is scouting for more acquisition opportunities as it plans to add over 100 more screens by the end of next fiscal. "We are always looking out for more inorganic opportunities...

Understanding mall occupancy of leading Indian cities

In India, currently, only the top six cities have a mall stock of approximately 67 million sq.ft. Roughly 36 malls have become operational between 2012-2016. However, the last three years saw a slowdown in new malls being operationalised with developers...
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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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