Strategy

French cosmetics major L’Oreal is going Indian with a vengeance. The firm, whose Indian unit has a turnover of Rs 1,000 crore, will spend the better part of this year launching some locally-developed products. This is part of its...

The CEO of department store group Debenhams, Rob Templeman, has announced he will retire from the retailer at the end of the current financial year.Deputy CEO Michael Sharp will assume the role from September 5th 2011, with his predecessor...

Planet Sports, one of India's largest multi-brand sports and lifestyle speciality retail chains, has announced a strategic tie-up with Hero Cycles to market and sell their new range of high-quality premium bicycles. This association would enable Hero Cycles to...

Dubai is now the most sought after location for expansion for international big name retailers, alongside London, real estate analysts CB Richard Ellis recently said.CBRE's annual survey - which mapped the global footprint of 323 of the world's top...

Raghu Pillai – who died of a massive heart attack in Chennai on April 10, 2011 – was a firm believer in the Indian growth story. He often said customers were ready for new experiments – a belief that...

Shiseido Co.Ltd. has revised the Shiseido Group Corporate Philosophy. The new philosophy has already been introduced as “Our Mission, Values and Way”.Shiseido is currently promoting various initiatives with the aim of becoming “a global player representing Asia with its...

Baristas has executed a development franchise agreement with Baristas Texas, an affiliate of Jag Capital, that includes the Texas territories of Houston, Austin, San Antonio, San Marcos, and New Braunfels areas. The agreement is to open 10 locations over...

Considering that success in developed retail markets has become more challenging, large global retailers are increasingly being compelled to look at the emerging markets to pursue their growth ambitions. This has been revealed in a recent report by Deloitte...

Marks & Spencer has planned to return to France towards the end of this year with a combined e-commerce and retail ‘bricks & clicks' strategy in line with its business plans announced in November 2010.The move will see Marks...