Strategy
Retail
Target finalising plans for Canadian launch
Target Corp. is firming up its plans for its much anticipated Canadian debut, setting up three distribution centres here and refining its strategy to include the sale of fresh food at some locations.The move into the food market wasn’t...
Retail
Tesco looks overseas for ‘change of gear’
Tesco plans to create new brands to spruce up its product ranges and appeal to increasingly aspirational shoppers across the world, its new chief executive told Reuters.
Phil Clarke, outlining his strategy for the British supermarket group, also said Tesco...
Retail
Samsonite to invest Rs 150 cr in India this year
The world's leading luggage maker Samsonite Corp today said it will invest over Rs 150 crore in India primarily on advertising and marketing, besides retail expansion for its 'Samsonite' brand as part of a global re-positioning exercise.
'Samsonite', which has...
Retail
Spencer’s Retail may break even in 18 months
Spencer’s Retail, a part of the RPG group, may take another 18 months to break even, said a senior group executive.The retail major had earlier expected to break even in the last financial year, after recording revenues of around...
Beauty & Wellness
L’Oréal Paris commemorates their decade long association with Aishwarya Rai Bachchan
L’Oréal Paris celebrated its decade long collaboration with Bollywood actress Aishwarya Rai Bachchan at Cannes. She has been an integral part of the brand’s communication strategy across the globe, and especially, in India. She has also represented L’Oréal Paris...
Beauty & Wellness
P&G move shakes up Beauty Division
US-based FMCG Procter & Gamble Co. is shaking up its beauty strategy. Chairman, President and CEO Bob McDonald has shifted the responsibilities of Ed Shirley, VC, Beauty and Grooming, to Dimitri Panayotopoulos, VC, Global Household Care, effective July 1....
Retail
PVR to sell Phoenix Mills property for over Rs 100 crore
PVR has put on block the only real estate ass ET .it has on its books, the Phoenix Mills property in Mumbai , for over Rs 100 crore, persons familiar with the developments told ET.
A few private equity funds...
Beauty & Wellness
Dabur Acquires ‘30-Plus’ Brand From Ajanta Pharma
India’s leading Ayurvedic and Natural Health Care Company, Dabur India Limited has signed an agreement with Mumbai-based Ajanta Pharma Limited to acquire Ajanta’s over-the-counter energizer brand ’30-Plus’.“We are very happy to announce the acquisition of '30-Plus’ brand. For every...
Retail
PPR to buy U.S. sports clothing brand Volcom
French retailer and luxury goods giant PPR is to buy surfing-inspired clothing firm Volcom for $607.5 million, making good on its promise to recentre its operations on sports and lifestyle brands.PPR, which already controls the German sports brand Puma,...
Retail
Fine dining brands hungry for India debut
Some the world's most upmarket restaurant brands are ready to take a bite out of the India story. Unlike the multinational fast-food brands like McDonald's and KFC, which have expanded in the country over a decade with hundreds of...
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Latest News
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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