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Vishal Retail

V2 Retail settles dispute with creditor, expects to come out of insolvency

V2 Retail has settled its payment-related dispute with an operational creditor and expects to come out of the insolvency proceedings, according to Ram Chandra Agarwal, the Chairman of the suspended board of the company. V2 Retail has made payment...

RAM CHANDRA AGARWAL

CMD V2 Retail Ltd Member: Privilege Clubs(India Retail Forum) Rising like the proverbial phoenix from the ashes, Ram Chandra Agarwal now heads the V2 retail chain, and remains every bit as confident of his success as he was a decade ago, although his...

Why should a retailer move to tier-II & -III cities

Apart from retail growth in urban and tier-I cities, there is also a radical shift witnessed in consumption patterns in smaller towns with people moving beyond necessities and using products that were once sold only in urban areas. The...

Macro View of Security for Retail in India and Opportunities Present

The story of the modern Indian Retail Industry began a decade back, with meteoric transformation of the industry from a largely unbranded industry comprising of small retailers to an industry dominated by large eminent domestic and global players.  Today...

Semi Urbs – The New Consumption Hubs

The session, "Semi Urbs - The New Consumption Hubs," held on day two of the recently concluded Food & Grocery Forum India 2014 dwelt upon the opportunity available in the semi urban areas and possible solutions to address the...

Online retailer Bigshoebazaar gets Rs 40 cr funding

Online apparel and shoe retailer Bigshoebazaar India has got Rs 40 crore funding from venture capital firms Catamaran Ventures and Nexus Venture Partners by diluting 20 per cent of its equity. This is the second round of funding for...

Once bitten, not shy: There is always plan B for Vishal Retail

The 9,000 sq ft office of V2 in Delhi's Mahipalpur suburb near Gurgaon is abuzz with activity. Around 25 executives are either working the phones or typing furiously on their PCs. In the reception area, people with cartons containing...

Koutons president Balvinder Singh Ahluwalia quits

The exodus of top executives from debt-ridden apparel retailer Koutons Retail is continuing unabated with Balvinder Singh Ahluwalia, who was the company's President, becoming the latest to join the exit list."I have quit Koutons Retail recently and have not...

TPG, Shriram Group buy Vishal Retail

TPG Wholesale Private Limited and Shriram Group have completed the acquisition of debt-ridden Vishal Retail Ltd. While TPG has acquired the wholesale and franchise undertaking of Vishal Retail, Airplaza Retail Holdings Pvt Ltd, a part of Shriram Group, has...

EIGMEF organises garment fair in Kolkata

`Change` is in the air and this time it is a `positive` one for the apparel market in eastern India. The recently held `Winds of Change`, the 17th garment fair organised by Eastern India Garment Manufacturers & Exporters Federation(EIGMEF)...
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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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