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 INDIA FRANCHISE
NEWS ARCHIVE
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: Jul - Dec 2008
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Broking firms opt for franchise route to weather meltdown. Even as the global recession and the market meltdown are casting shadows over the country, the broking industry has chalked out plans to weather the storm. .... [more]
29 Dec, 2008
Retailers use franchisee route to revive brand. Liquidity crunch has not stopped brand expansion. Instead, retailers are tweaking strategies to make way for franchisee model, which will let them expand with minimum investment. .... [more]
22 Dec, 2008
Sunglass Hut ventures into India, aims 100 stores by 2015. Italian eye-wear major Luxottica's retail brand Sunglass Hut is venturing into the Indian market with plans to set up 100 exclusive outlets by 2015. .... [more]
21 Dec, 2008
US' Snowberry to start India biz with $50 mn. Snowberry USA (SUI), an American ice-cream retailer, said it will invest $50 million (nearly Rs 250 crore) by 2010 to start its business in India. .... [more]
15 Dec, 2008
Jotun Paints to expand retail network in India. Norwegian paint manufacturer Jotun Paints is planning to strengthen its retail network in the country by doubling its retail chains from the current 130 through the franchise model. .... [more]
14 Dec, 2008
Raymond plans 50 stores. Apparel maker and retailer Raymond is zeroing in on smaller cities with less than 1 million population for expansion in a bid to avoid being crowded out and take advantage of lower real estate cost. .... [more]
12 Dec, 2008
Gitanjali Grp scores hatrick at Franchisee Awards. Gitanjali Group the country’s premier and largest integrated diamond and jewellery manufacturers and retailers were awarded in the categories of The Best Business Leadership, Best Campaigning and the Best Franchisee Award at the Franchise Awards, ’08. .... [more]
4 Dec, 2008
Madame plans to double its retail outlets by 2010. Responding to the increasing demand in the Capital, Madame the leading brand of women's western wear has opened its 13th retail outlet in Saket. After this addition the present tally has reached a number of 51 in India. .... [more]
4 Dec, 2008
ItzCash plans to tap rural markets. Essel Group's multi-purpose prepaid cash card provider ItzCash today announced that it plans to spread its wings in rural markets in the country by next year. .... [more]
3 Dec, 2008
Supplyco plans franchise outlets. With Supplyco (Kerala State Civil Supplies Corporation) planning to set up franchisee stalls, thousands of Keralites settled in various Middle East countries can now look forward to getting their favourite food items. .... [more]
2 Dec, 2008
New York's pizza company to enter India. New York-based pizza chain Famous Famiglia is all set to enter India through the franchise route and is scouting for partners. .... [more]
30 Nov, 2008
Espirit plans to double the number of stores in India. Global apparel retail brand Espirit today said it would expand its Indian operations by taking the number of its stores in the country to 100 from the existing 43. .... [more]
30 Nov, 2008
250 brands to participate in Franchise India-2008. Over 250 Indian and global brands will likely participate in Franchise India-2008, a two-day international event on franchise, retail and licensing industry beginning here Saturday, organisers said. .... [more]
28 Nov, 2008
Francorp continues global expansion. Francorp Chairman Don Boroian announced today that Francorp has awarded Franchise India Holdings Limited the Francorp India franchise. .... [more]
24 Nov, 2008
L'Oreal takes MyDollarStore to HC over illegal imports. French cosmetics and toiletries giant L’Oreal has hauled discount retailer MyDollarStore to court over issues relating to intellectual property rights (IPR) and illegal imports, it is learnt. The company has filed a case against MyDollarStore in the Delhi High Court recently. .... [more]
18 Nov, 2008
Everonn Systems planning franchisee model for growth. City-based online education company Everonn Systems India Ltd is planning a franchisee model for accelerated growth of its retail segment, a top official said. .... [more]
11 Nov, 2008
TGKF restaurant opens outlet in Hyderabad. The Great Kabab Factory (TGKF) Restaurant managed by RHW Hotel Management services Ltd, a joint venture company of Radisson Hotels Worldwide(RHW), opened its franchisee outlet in the city on Monday. .... [more]
11 Nov, 2008
Luxottica to open sunglass stores in India. Italian eyewear group Luxottica is opening over 100 stores of its Sunglass Hut retail brand in India through a franchising agreement with Indian real estate giant DLF Group, the companies announced Tuesday in a joint statement. .... [more]
4 Nov, 2008
Megamart to take franchising route. Megamart, the value retail chain of Arvind Brands, will take the franchising route to reach its targeted turnover of Rs 1,000 crore in the next two years. .... [more]
4 Nov, 2008
Essar Oil steps up revival of retail outlets. Fuelled by the recent cooling of crude oil prices, the Ruias-owned Essar Oil has stepped up efforts to re-activate its network of retail outlets across the country. .... [more]
18 Oct, 2008
Certified Franchise Executives Program Expands to India. The Institute of Certified Franchise Executives (ICFE)™ and the Franchising Association of India (FAI) will cooperate to launch the Certified Franchise Executive (CFE)™ program in India starting in October. .... [more]
6 Oct, 2008
Loot plans 8 more stores. The Loot, a multi-brand retail chain owned by Mumbai-based Loot India Limited, has planned to roll out eight more stores in Orissa by March next year. .... [more]
6 Oct, 2008
McDonald's to use alliance with oil firms for expansion. McDonald’s India, a food service retailer, said it will use its alliance with oil marketing companies such as HPCL and BPCL to expand the retail network along the national highways and in major cities in the country. .... [more]
6 Oct, 2008
McDonald's pulled up for overcharging. Leading fast food restaurant chain McDonald's has been pulled up for "unfair trade practices" by a consumer court for overcharging on a coke bottle against the printed price and asked to compensate the consumer. .... [more]
5 Oct, 2008
TravelPort To Set Up 200 retail outlets. TravelPort Holidays (India) Pvt Ltd, one of India’s fastest growing travel services firm, is set for massive expansions by setting up a chain of 200 retail outlets and increasing the number of franchisees from the current one hundred to three hundred by the end of the current financial year. .... [more]
23 Sep, 2008
Impact Retail plans 30 stores. Impact Retail, a franchisee of Kuwait-based Alghanim Industries, is all set to invest Rs 200 crore for 30 consumer electronics goods stores in top 12 Indian cities over the next 15 months. .... [more]
22 Sep, 2008
Mumbai takes on McDonald's with veggie street food. Dheeraj Gupta is a man with a big vision: to take on McDonald's with traditional vegetarian street food from Mumbai and make it as synonymous with India as a burger and fries are to the United States. .... [more]
21 Sep, 2008
PastaMania to expand in India, plans 50 outlets. Singapore-based Italian fast food chain PastaMania is expanding its operations in the Indian market with plans to set up 50 outlets by 2012 with an investment of Rs 40 crore. .... [more]
19 Sep, 2008
Intercontinental, Grand call off franchisee deal. Intercontinental Hotel Group (IHG) and Lalit Suri’s Grand Group (Bharat Hotels) have called off the decade-old franchisee agreement. .... [more]
18 Sep, 2008
Rosebys to launch franchised outlets in India. Rosebys, UK’s leading home décor retailer, is all set to launch their operations in India from October 14th with their first outlet in Calcutta. This will be followed by more outlets in Punjab, Haryana, Gujarat and Karnataka. .... [more]
14 Sep, 2008
Texas Chicken opens first restaurant in India. Texas Chicken, the international brand of Church's Chicken, has opened its first restaurant in India, at Hyderabad. This is the first of 30 restaurants planned for Andhra Pradesh in the next five years. .... [more]
11 Sep, 2008
Scramble for broking franchisees gathers pace. Renuka Mehta and her husband run Yash Securities, a franchisee of Motilal Oswal Securities (MOSL) in a Mumbai suburb.The boom in the stock markets, alongwith the minimal investment required to take up a broking franchise, attracted them to broking. .... [more]
11 Sep, 2008
Motilal Oswal launches franchising model. Financial services provider, Motilal Oswal on Tuesday said it has launched a new franchising model to enable customers receive 'profile-based money management solutions' under one roof. .... [more]
9 Sep, 2008
Four Fountains plans 300 centres. Eyeing the fast growing spa treatment culture in India, Pune-based CMYK Health Boutique has drawn a plan to set up 300 spa treatment centres across the country. .... [more]
5 Sep, 2008
Fast Retailing to open Uniqlo clothing stores in Russia, India. Fast Retailing Co said Wednesday it is considering opening outlets of its flagship Uniqlo casual wear brand in Russia and India.The Japanese clothing giant said it aims to triple its overseas sales over two years. .... [more]
4 Sep, 2008
Apollo in talks to buy 30% in Nigeria hospital. The Apollo Hospitals Group on Wednesday said it is in talks to acquire 30 per cent stake in a hospital in Nigeria for $12 million (about Rs 52 crore). .... [more]
28 Aug, 2008
Mehrasons launches new Franchise format. Mehrasons Jewellers launched the company's new premium jewelry format ‘Mehrasons-Just Diamonds’ last week. The company has taken the franchise route to counter the competition from organized retail. .... [more]
25 Aug, 2008
Reliance Retail ties-up with UK toy retailer, Hamleys. Mukesh Ambani-run Reliance Retail, today tied-up with UK-based toy retailer, Hamleys, and is likely to commence operations from April next year. Reliance Retail will invest around Rs 125-crore to set up 20 stores over a period of seven years. .... [more]
12 Aug, 2008
Reliance Brands may propel Adidas retail. Adidas may bank on Reliance Brands, a subsidiary of Reliance Retail, for expanding its store network in the country. Reliance Brands is in discussions with Adidas to pick up store franchisee rights. .... [more]
12 Aug, 2008
Yala Mobiles to set up retail chain. Yala Mobiles and Computers, a Hyderabad-based company, on Thursday announced it opened a chain of eight mobile phone stores and plans to have 15 of them by August 15 and around 50 by September-end. .... [more]
9 Aug, 2008
UK's Boots to tie up with Reliance Retail. World’s leading pharma and beauty retailer, Boots Company, has signed a Bharti-Wal-Mart type agreement with Reliance Retail (RRL) to enter India’s health and wellness market. The two have decided to get into an equal joint venture for wholesale business and plan to operate front-end stores through a franchisee agreement. .... [more]
7 Aug, 2008
THAI spa products maker to start retail operations in India. THAI spa body product manufacturer Spa Siam will soon be setting shop in India in association with Franchise India Holding Ltd. .... [more]
5 Aug, 2008
India Future Group to become franchise mobile operator. Diversified Indian conglomerate the Future Group plans to enter the fast-growing mobile services space as a franchisee for network operators, it said, and is in talks with several firms for a potential launch next year. .... [more]
5 Aug, 2008
Apollo Hospitals to spin off pharmacy business. Hyderabad-based Apollo Hospitals Group will soon hive off its pharmacy business and look for acquisitions to beef up the business. The group also plans to increase the number of pharmacy retail outlets to 1,000 this year from about 700 at present. .... [more]
5 Aug, 2008
Snap Fitness Expanding Into India. Snap Fitness, Inc., the rapidly growing franchisor of compact, 24/7 express fitness clubs, today announced it will open new clubs in Bangalore and Mumbai, India. .... [more]
24 Jul, 2008
Spencer's to dish out Au Bon Pain cafes. Spencer’s Retail, part of the Rs 13,500-crore RPG Enterprises, has tied up with the US-based Au Bon Pain to launch a chain of fast casual dining and bakery cafes across the country. .... [more]
16 Jul, 2008
Indo Rama to set up US branded furniture chain in India SEZs. Indo Rama Retail Holdings Pvt Ltd, the Indian franchisee of the US-based Office1Superstores, is planning to set up stores inside the special economic zones (SEZ) of India. .... [more]
14 Jul, 2008
Church’s Chicken to Open First India Store. India native Suresh Chitturi still remembers the day he first ate at Church’s Chicken. Now, 12 years after his first bite, Mr. Chitturi is helping bring that same experience from Atlanta-based Church’s—with a few cultural alterations—to his countrymen. .... [more]
11 Jul, 2008
Catmoss to invest for rolling out 500 stores. Kidswear chain Catmoss Retail on Friday said it would invest Rs 400 crore in the next five years to expand its outlets to 500 stores in India by 2010-11, besides it is planning to foray into overseas markets, including Australia and the Middle East. .... [more]
11 Jul, 2008
Osim charts Rs 100 cr expansion in India. Singapore-based Osim International Ltd, a $500-million healthy lifestyle products manufacturer, is embarking on an expansion plan in India, which would involve an investment of Rs 100 crore by 2012. .... [more]
10 Jul, 2008
M&S to end franchisee agreement. UK retail major Marks and Spencer (M&S) plans to exit from its six-year old franchisee deal with Planet Retail as part of the company's effort to focus exclusively on the joint venture with Reliance Retail. .... [more]
6 Jul, 2008
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