Raymond to open 300 stores across India
Business Standard
Apparel and textile major Raymond today said it would open 300 franchisee-operated stores in Tier-IV and Tier-V towns in the next 18 months, to tap the retail opportunity in the country's hinterland. The company is looking at towns with less than 500,000 population for the expansion.
Skechers in pact to license, distribute in India
Forbes
Skechers Inc. said Tuesday that it signed a contract with Winner Sports Pvt. Ltd. to license and distribute its footwear and apparel in India. Winner Sports is a unit of the Future Group's Pantaloon Retail India Ltd.
Indiabulls Retail opts for name change to turn around fortunes
Livemint
Indiabulls Group, struggling to find a winning formula for its retail business, has changed the name of the unit - for the second time in two years. The unit, Indiabulls Retail Services Ltd, has been renamed Store One Retail India Ltd, deleting Indiabulls from its corporate identity.
Adidas sees Tier-II towns boosting India growth
Daily News & Analysis
Adidas India Marketing Ltd, a subsidiary of global sportswear major Adidas Group, is planning to have 600 exclusive retail stores in the country by 2009-end. Adidas will be opening 90 new stores during the September-December period.
Retail Trends
Textile exporters use cheaper material, cost-effective design
Livemint
As overseas buyers of textiles continue to insist on lower prices, large export firms have started using cheaper materials for international markets so they can stay profitable.
Indian Retailers Emerge Smarter from Sales Downturn
Wall Street Journal
Indian retailers have emerged wiser from a recent downturn and are betting on new business strategies to grow in the most attractive retail destination among emerging markets.
Synchronicity occurs when the consumer business world is linked together by technology making each of the moving parts, consumers, suppliers, taste makers, associates, and financiers synchronous with the whole. It is a matter of embedding what years ago would have seemed like clairvoyance or even magic into the delivery systems of consumer businesses.
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