Strategy

Target plans to open 21 new stores in 2011, covering 13 states; including five stores in California, a fourth store in Hawaii and a SuperTarget in Minnesota.“Target takes great pride in designing stores that meet the needs of our...

Founder of Spain's Inditex, Amancio Ortega, has proposed that the company's chief executive, Pablo Isla, replace him as chairman of the world's biggest clothing retailer.The company behind the Zara clothing chain said in a letter sent to its employees...

World's second largest retailer, Carrefour has entered the booming Indian retail sector with its first wholesale cash-and-carry outlet in Delhi. The 5,200-sq.m store at Seelampur Metro Mall, will offer 10,000 food and non-food items to professional businesses, institutions, restaurants...

German manufacturer of personal care products, Beiersdorf AG sells off its skin care brand Juvena and its premium hair care brand Marlies Möller to Troll Cosmetics GmbH in Austria. The decision to sell the brands is related to...

Paris-based subsidiary of Inter Parfums Inc., Inter Parfums SA has signed a 15-year exclusive worldwide license agreement with Boucheron to create, produce and distribute perfumes and ancillary products under the Boucheron brand. Jean-Christophe Bédos, President and CEO, Boucheron, asserted,...

In less than 10 years of making its début in India, UK-based Triumph International has emerged as a strong player in the branded lingerie market in India. Though it already holds 30 per cent share of the market, Thorsten...

The holiday season is upon us and the customer is ready to spend. To make hay while the sun shines, the malls are rolling out promotional activities to engage and attract the consumer.Select Citywalk mall in Delhi has spent...

Gordon Espinet has been named senior vice president of global artist training, development and makeup artistry, for MAC Cosmetics.In this newly created role, Espinet will work closely with the global artist training and development team to oversee education for...

X5 Retail Group, Russia's largest food retailer by sales, expects gross sales to exceed RUR 500 billion (inclusive of VAT) representing top-line growth of approx. 40 per cent. "We expect this increase to be driven by organic RUR net...

Corneliani, clothing line for business men, is pushing for its brand development in India, where it has already held a presence since 2005. The brand will inagurate four single-brand stores almost simultaneously in Mumbai, Bangalore, and Hyderabad, following New...