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Shree Ganesh Jewellery to invest Rs 1,000 cr for expansion May 15, 2013Shree Ganesh Jewellery to invest Rs 1,000 cr for expansion

Jewellery maker, Shree Ganesh Jewellery House Ltd (SGJHL) is planning to set up 20 large format retail stores across the country with an estimated investment of around Rs 1000 crore during the current fiscal. The company operates retail business t... >> more

Kumar Birla, family to invest Rs 525 crore for retail ramp-up May 15, 2013Kumar Birla, family to invest Rs 525 crore for retail ramp-up

Aditya Birla Group chairman Kumar Mangalam Birla plans to invest Rs 525 crore in the group's retail arm and raise its borrowing limit by Rs 2,500 crore to ramp up its food and grocery business. Aditya Birla Retail (ABRL) has decided to issue optio... >> more

PC Jeweller invests Rs 175 crore on expansion of retail outlets May 14, 2013PC Jeweller invests Rs 175 crore on expansion of retail outlets

PC Jeweller Ltd today said it has invested Rs 175 crore since last month to buy gold and diamond jewellery stocks for six new retail outlets, and will infuse Rs 225 crore more next quarter on further expansion.

 

PC Jeweller, ... >> more

Retail inflation falls further in April to 9.39% May 14, 2013Retail inflation falls further in April to 9.39%

Retail inflation fell for the second month in a row to 9.39 per cent in April on the back of easing vegetable and edible oil prices. The consumer price index (CPI)-based inflation for March stood at 10.39 per cent in March and 10.91 per cent in Fe... >> more

Crossword plans to expand non-book product portfolio May 8, 2013Crossword plans to expand non-book product portfolio

Retail major Shoppers Stop-owned Crossword Bookstore plans to expand the non-book product portfolio in its outlets, as demand for music and movies, one of the largest selling categories, has come down in the recent past.The chain will now showcase... >> more

Malabar Gold to open 220 stores across the globe by 2015 May 2, 2013Malabar Gold to open 220 stores across the globe by 2015

Kerala-based jewellery retailer Malabar Gold plans to open 220 stores across the globe by 2015 including South Asia and far East countries, a company official said today. The company plans to have presence in South Asia, parts of Middle East and a... >> more

H&M to invest 100 mn euros to set up 50 stores Apr 30, 2013H&M to invest 100 mn euros to set up 50 stores

Swedish fashion retailer Hennes & Mauritz (H&M) has applied for permission to set up 50 stores in India with an initial investment of 100 million euros (about Rs 700 crore) under the single-brand retail format. The world's second-biggest f... >> more

Italian cosmetics firm makes India its first foreign stop Apr 29, 2013Italian cosmetics firm makes India its first foreign stop

After high-end fashion brands such as Gucci, Versace, Armani and Zegna, Italian cosmetics players are now tapping India to expand their business. Italian companies are showing high interest in the Indian single-brand retail market, which allows up... >> more

Hennes and Mauritz seeks FIPB nod to invest Rs 720 crore in retail business in India Apr 19, 2013Hennes and Mauritz seeks FIPB nod to invest Rs 720 crore in retail business in India
Swedish fast-fashion retail giant Hennes and Mauritz, or H&M, has sought permission from the Foreign Investment Promotion Board to invest Rs 720 crore (approx 100 million) in India to start a fully-owned company that will open 50 H&M stores. ... >> more
Swedish retailer Rusta plans textile shipment from Gujarat Apr 18, 2013Swedish retailer Rusta plans textile shipment from Gujarat
Having forayed in India, Swedish department store retailer Rusta is planning to tap the Gujarat market for textile shipments. Even as it opened its country headquarters in Delhi, Rusta looks to source textile products from Gujarat for its stores acro... >> more
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