Water shortage on the agenda again; Global RFID grows; Saudi back female cashiers; India’s new direct tax codes; Etisalat target India telecoms; Internet Cafe licences in China; Carrefore in China via Dia
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Chaloub luxury retailer sales boost. Smartphone apps market going up to 39%, Shanghai Airport is getting busier, Arvinda mixes design with tailoring, IBEF report predicts continued sales, Vietnam is the new retail market
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India: Future Group unit to raise $160 million in IPO An unit of India’s Future Group, which runs the country’s top listed retailer Pantaloon Retail, is looking to raise as much as Rs 7.5 billion ($160 million) through an IPO, according to a draft prospectus. ECONOMIC TIMES http://tinyurl.com/26qw9kr US: TradeStone wins Awards TradeStone has recently [...]
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Bharti closes $9 billion Zain Africa deal; Culture and choosing the right exec talent in Dubai; Waitrose supermarket to open in Bahrain; Planet Sports opens store in Pune
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Looking into the Middle East: SAP, IKEA and Express Avenue
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India’s MAJOR BRANDS to increase to 100 stores
Opening new stores of existing nine international brands – Mango, Aldo, Nine West, Promod, Charles & Keith, La Senza, Okaidi, Aldo Accessories and Inglot – in premier malls across India and will reach a target of 100 stores by March 2011.
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M&S Head of Buying votes for accessible fashion: Adam Colton spoke at the 25th IAF World Apparel Convention 2009 where it was evident that India is emerging as a promising market for global brands and the retailers alike, significantly for its contribution to global textile and apparel trade.
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Reliance Footprint partners with Western Brands on Kids footware – Gini & Jony will leverage the substantial and ever-growing network of Reliance Footprint, including Levi’s and Puma children’s footware.
Shopper’s Stop to add 500,000 sq ft space by March
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Reliance Retail launches ‘Reliance Jewels’ in Mumbai
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No FDI plan in retail; FMCG companies to see robust volume growth; Bharti Airtel profit increases 22%; Future Group announces investment deal with Fung Capital; GST, FDI can quadruple FMCG turnover in 10 years, Pantaloon to raise up to Rs 1,000 crore; And more…..
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Reliance expecting to breakeven by Sept, Pantaloon sales up 14%, Future Group may list Future Venture, India most attractive market for retail investment, Bharti Wal-Mart to launch co-branded credit cards…
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Bata plan to open 65-70 stores, Over 100 malls projected to open by end 2010, Tata to start e-mall, Apparel market to defy slowdown, Shoppers Stop plans 12 new stores over 3 yrs….