TFW Bureau

 The Indian Small Business & Franchise Association (ISFA) and The Association of Franchise and Trademarks Services (TAGMOA) - UAE have entered into a strategic partnership by signing a Memorandum of Understanding (MoU) aimed at fostering the growth and sustainability of MSMEs, particularly focusing on the new startup ecosystem and the rapidly growing retail sector, through ...

Softbank-backed hospitality startup Oyo has completed its acquisition of G6 Hospitality, which operates lodging franchisor brands Motel 6 and Studio 6, from Blackstone Real Estate for $525 million (Rs 4,463 crore) in an all-cash transaction, the company said. This comes after the Gurugram-based company posted its first-ever profit after tax of approximately ...

California-based footwear brand Skechers has opened its newest outlet in Kozhikode, Kerala, furthering its expansion in South India. The 1,503 sq. ft. store, located in Lulu International Shopping Mall, marks the third Skechers outlet in the city. The launch coincided with Skechers’ eighth Community Goal Challenge, held from December 17 to 19. The event featured ...

  Popees Baby Care, a prominent player in India’s retail baby care market, is strengthening its footprint with the addition of four new exclusive brand stores in Kerala. Two of these stores, located in Mukkam (Calicut) and Chavakkad (Thrissur), have already opened this week, with two more scheduled to open by the end of the week. ...

Nando’s, a South African brand known for its signature PERi-PERi flavours, is all set to tingle the taste buds of Mumbai.  With plans for an ambitious expansion in Mumbai, Nando’s is set to open 5 Casas (the name affectionately given to Nando’s restaurants which means “home” in Portuguese) across the city, including ...

US-based Amazon, through its investment arm Amazon.com NV Investment Holdings, sold nearly 44 lakh shares or 4 per cent stake in Mumbai-headquartered Shoppers Stop, as per the block deal data on the National Stock Exchange (NSE). The shares were offoaded at an average price of Rs 627.60 apiece, taking the transaction value to Rs ...