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Giovani in expansion mode in India, may go the franchise way

Giovani a quintessential formal wear brand that evolves to new fashion codes offers suits and jackets with Italian cuts to Indian men. The brand boasts of garments that have some of the best fits in the industry. "We are currently...

Future Retail explores merger options with HyperCity Retail

Kishore Biyani-led Future Retail is in talks with HyperCity Retail, part of the K Raheja Corp Group, for a possible merger between the two. According to a PTI report: "All discussions at this stage are exploratory in nature. The company...

Airports – The Next Battleground For Retailers In India?

Given the increasing number of air passengers every year in India and a crunch for quality retail space being faced by many foreign and domestic retailers across metros, airports are emerging as the next battleground for retailers. Following in...

Retail Technology Leaders Envision The Future of Retail

Till about a decade ago, technology was considered unobtrusive, a “back office thing” without a name or an identity. Consumers were shopping the old-fashioned way, wearing out their shoes instead of their keypads. Today, buzzwords like ‘consumer centric’ and...

Gaursons to invest Rs 750 crore to develop shopping mall in Noida Extension

Real Estate firm Gaursons is investing Rs 750 crore to develop a shopping mall in Noida Extension to tap business opportunities in commercial real estate which is doing well despite overall slowdown in the property market. According to a PTI...

Shoppers Stop to exit Nuance Group Joint Venture for duty-free airport stores

Shoppers Stop, the fashion and lifestyle retail major has decided to exit the joint venture with Swiss major Nuance Group for duty-free airport stores. "We will exit the JV with Nuance Group in the next two-quarters and we have already...

Hypercity to be profitable in FY19': Govind Shrikhande

Shoppers Stop subsidiary departmental stores chain Hypercity was aiming to be profitable by FY19', a top company official said today. "By the end of the current fiscal year there will be operating profit at the store and Ebita level, while...

Shoppers Stop looks at 12 per cent sales growth in 2017-18

India's leading modern retailer Shoppers Stop Ltd. is looking at 12 per cent sales growth in 2017-18 year and focusing on improving the profitability, a company official said on Tuesday. "For the entire year, we are looking at 12 per...

Shoppers Stop net loss narrows to Rs 3.45 crore

Shoppers Stop has reported narrowing of standalone net loss at Rs 3.45 crore for the first quarter ended June 30. According to a PTI report: The retail company had posted a net loss of Rs 13.56 crore for the same...

Campus Shoes to collaborate with Shoppers Stop, Reliance Footwear

Delhi-based footwear brand Campus Shoes is all set to expand its footprint in the market, as the manufacturer is all set to collaborate with retail giants like Shoppers Stop stores, Avenue Supermart Ltd (D Mart), Metro Shoes and Reliance...
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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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