Store Launch

Pantaloons-Madura to enter new segments, cities

Opportunity India Desk Sep 29, 2017 - 2 min read

Aditya Birla Fashion & Retail, the amalgamated company of Pantaloon Fashion Retail and Madura Garment, an arm of Aditya Birla Nuvo, is now planning to foray into women’s footwear and handbag categories and to enter new cities to expand its reach. It will also remain focused on its core competence, women’ s wear —both western ...

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Amul's MD RS Sodhi given an extension for another five years

Opportunity India Desk Sep 29, 2017 - 1 min read

Dairy Major, Amul's MD RS Sodhi has been given an extension for another five years. The decision to extend the tenure of Sodhi was taken last week in a board meeting of Gujarat Cooperative Milk Marketing Federation (GCMMF), which owns Amul brand. "Sodhi has done a good work as Managing Director of the company, so ...

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Godrej appliances to open 200 outlets by 2018

Opportunity India Desk Sep 29, 2017 - 2 min read

Consumer appliances company Godrej Appliances on Tuesday said it will be opening 50 exclusive brand outlets (EBO) in the country this year and another 150 such stores in the next three years. "We have build our premium range of products which will be showcased in these showrooms. These EBOs will be based on the franchisee ...

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Gap to start its online sales channel in India by mid-2016

Opportunity India Desk Sep 29, 2017 - 2 min read

Gap Inc. will start its own online sales channel in India by mid-2016, dismissing speculation that the American fashion retailer will collaborate with online retailers. Gap‘s move is aimed at ensuring full control over the sale of its products in the country. We will definitely start with our own e-commerce channel…not through third-party (online retailers), after opening a ...

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Mafatlal to take its store count to 200 in three years

Opportunity India Desk Sep 29, 2017 - 1 min read

Mafatlal Industries Limited is planning to raise its count of stores to 200 ‘Family Shops’ in the next three years besides refurbishing the existing shops with a contemporary look. It presently runs 110 outlets. It has also opened one more ‘Mafatlal Family Shop’ in Agra wherein a wide range of textile products will be available ...

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Veneta Cucine looks for aggressive expansion

Opportunity India Desk Sep 29, 2017 - 1 min read

Veneta Cucine, an Italian modular kitchen brand, has plans of aggressively expanding its footprint via the franchise route in the next couple of months. The brand, which was brought to India about 20 years ago by an Indian company- CC India, owns all 20 franchise stores across India. It is celebrating its 20th year by ...

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Snap Fitness inches towards its target with 62 gyms opened

Opportunity India Desk Sep 29, 2017 - 1 min read

Snap Fitness is expanding fast in India and targeting to open 300 gyms over the next three years. The brand has already opened 62 centres in the country till date. “We are looking forward to opening 300 centres in India over the next three years. High streets of residential catchments is suitable for opening a ...

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Arvind aims Rs 1,000 crore revenue from GAP in 5 years

Opportunity India Desk Sep 29, 2017 - 2 min read

Arvind Lifestyle Brands, which has signed a long term franchise agreement to bring American speciality retailer GAP to India, sees the brand generating revenue of Rs 1,000 crore in the next five years. “GAP is a well-known, aspirational brand in India that enjoys a huge fan following and presents a large revenue proposition for us. ...

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Aircel targets to open 1,000 Xpress Stores by Q1 2016, to follow FOFO model

Opportunity India Desk Sep 29, 2017 - 1 min read

Mobile service provider Aircel will expand its retail footprint across the country and aims to have more than 1,000 'Aircel Xpress Stores' in its chain by the first quarter of 2016. "We have been able to achieve our previous target of 500 Xpress Stores ahead of time in March 2015, resulting in a trend of ...

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Anytime Fitness to boost its strength

Opportunity India Desk Sep 29, 2017 - 1 min read

Anytime Fitness India has elaborate plans of spreading its presence in every nook and corner of the country. It is currently present in 16 cities. Vikas Jain, Managing Director, Anytime Fitness, says, “We offer Sub-Franchise, Franchise Owned and Franchise Operated (FOFO) models. We take a fixed monthly royalty amounting to Rs. 80,000. We don‘t work ...

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