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Carrefour announces the disposal of its business in Thailand

Carrefour has signed an agreement with Big C, a subsidiary of Groupe Casino, for the divestment of its operations in Thailand for an enterprise value of €868 million. This valuation corresponds to 120% of the net sales of the...

s.Oliver targets pan-India customers

s.Oliver, the leading European fashion brand, announced the opening of its new store at Mumbai. This announcement is in line with s.Oliver’s plan to reach out to its customers across India. The store opening happened in the  presence of...

New COO for `The Collective`

George Santacroce, the Chief Executive Officer of The Collective – the lifestyle and luxury menswear store by Madura Garments, is set to hand over the reins to Ram Iyer, COO, with effect from July 31, 2010. Santacroce...

Burberry acquires its Chinese retail

Burberry, the 150-year-old global luxury company, recently entered into an agreement to acquire the stores and related assets in China, which were being operated by its long-standing franchisees. This transaction is in line with Burberry’s strategy of unifying the brand...

Max opens doors in Oshiwara

Middle-East based value fashion brand Max, launched its first store at Mega Mall, Oshiwara, Mumbai. Offering world-class fashion and style at surprisingly affordable pricing, Max has emerged as a leading choice for the value-conscious customers who are exposed to...

Arvind ready to double retail sales

Arvind Ltd., aims to double its revenue from retail business to Rs. 800 crore by the fiscal year 2013-14 from  a targetted revenue of Rs 400 crore by the end of this fiscal. The company would be investing about...

`Diamonds of Class` unveiled by Tanishq

Tanishq, the jewellery arm of Titan Industries Ltd., launched a new range of high-value diamond jewellery titled `Diamonds of Class`. This is also a part of the initiative to highlight the wedding jewellery collection that the brand offers. Sandeep Kulhalli,...

Ralph Lauren to take direct control

Polo Ralph Lauren Corporation recently announced its agreement to assume direct control of its wholesale and retail distribution from its licensee, Doosan Corporation, in South Korea, beginning January 1, 2011. Doosan Corporation will continue to operate as the company’s licensee...

Tantra Tees Launches its first online store

T-shirts brand Tantra, in association with a Mumbai-based internet retail company, Assets World, has launched TantraUniverse.com, an online store where users can buy Tantra t-shirts. Net Assets is the exclusive global online distributor for Tantra t-shirts. While Net...

Mobile website debut for Lilly Pulitzer

Lilly Pulitzer recently announced the launch of its first-ever mobile website which will be compatible with all web-enabled mobile phones and optimised for the iPhone and Android devices. The project is part of a key initiative for the...
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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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