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Ikea plans next phase of investments in India

TFW Bureau Sep 11, 2024 - 3 min read

Global furniture retailer Ikea is looking for the next round of investments in its priority market India as it enters the second phase of growth, its India CEO Susanne Pulverer said. Ikea will open small-format stores with a retail area of 30,000 to 70,000 square feet, in the adjacent markets of its existing and coming...

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Carrefour to re-enter India in partnership with Apparel Group

TFW Bureau Sep 10, 2024 - 2 min read

French retailer Carrefour, which operates over 14,000 stores in more than 40 countries, is re-entering India after a decade, in partnership with Dubai-based Apparel Group. Apparel Group, a leading retail and lifestyle retailer, has entered into a franchise partnership with Carrefour, to launch the French compa0ny's brands in the Indian market. "This partnership is set...

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Thomas Cook India expands its retail distribution in Chennai, opens new outlet

TFW Bureau Sep 10, 2024 - 1 min read

Thomas Cook (India) Limited, India’s leading omnichannel services company, has inaugurated its new franchise outlet in Chennai. The new outlet is located at Parry’s Corner - to leverage the high-growth market of the city and its surrounding catchments. This outlet is in close proximity to the Tamil Nadu High Court, Chennai Central railway station and...

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Auréa expands portfolio, completes acquisition of The Body Shop

TFW Bureau Sep 09, 2024 - 2 min read

Auréa has announced the completion of its acquisition of The Body Shop, a pioneering brand in ethical beauty. Auréa is the growth capital firm co-founded by Mike Jatania and Paul Raphaël. This acquisition is Auréa’s largest transaction to date, marking a significant milestone for the firm. The Body Shop, established in 1976, has long been...

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EaseMyTrip announces entry into electric bus manufacturing, to pump in Rs 200 cr

TFW Bureau Sep 09, 2024 - 1 min read

EaseMyTrip, the online travel ticket booking platform, has announced its entry into the electric bus manufacturing market through its new subsidiary, Easy Green Mobility. The company said the new unit will manufacture EV buses, with YoloBus (another subsidiary of EaseMyTrip) serving as its operating arm. The company will be investing Rs 200 crore in extensive R&D, product development, and...

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PN Gadgil Jewellers seek to raise $131 mn in Upcoming IPO

TFW Bureau Sep 06, 2024 - 1 min read

PN Gadgil Jewellers said it aims to raise Rs. 11 billion or $131 mn through an initial public offering next week as it seeks funds to expand retail store network and repay debt. The IPO comprises a fresh issue of equity shares of upto Rs. 8.5 mn and an offer for sale of shares worth...

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Malabar Gold all set to open 20 new showrooms in October in India, abroad

TFW Bureau Sep 06, 2024 - 1 min read

Malabar Gold & Diamonds, the world’s sixth-largest jewellery retailer has announced its plans to launch 20 new showrooms in October as part of its global expansion strategy. The company will open three new showrooms in Uttar Pradesh, while two each in Delhi, Maharashtra, Karnataka, and Rajasthan and one new showroom each in Odisha, Telangana, West...

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Ramada by Wyndham to open soon at Ahmedabad Narendra Modi Stadium Motera

Parina Sood, TFW Bureau Sep 06, 2024 - 2 min read

Wyndham Hotels & Resorts, which is the world’s largest hotel franchising company with approximately 9,200 hotels over more than 95 countries has announced the opening of Ramada by Wyndham Ahmedabad Narendra Modi Stadium Motera in partnership with Sankalp Recreation Private Limited, a leading hospitality and restaurants company based out of Ahmedabad. Being adjacent to the world’s largest cricket stadium by...

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Titan Company Ltd. Expands Retail Footprint in New Delhi with Launch of Three New Stores

Beny Sachdeva Sep 05, 2024 - 2 min read

Titan Company Ltd., a leading retail conglomerate, today marked a significant milestone in its retail expansion with the grand opening of three new stores in the New Delhi region. These new outlets include the 18th and 19th Tanishq and 07th Taneira store. The new stores are strategically located in South Extension, and Chandni Chowk, strengthening...

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Cellecor Gadgets Limited Announces Upcoming Launch of Laptops and 5G Smartphones

TFW Bureau Sep 04, 2024 - 1 min read

Cellecor Gadgets Limited is thrilled to announce the upcoming launch of its latest range of laptops and 5G smartphones, perfectly timed for the festive season. Set to hit the market this September, these new products are designed to cater to consumers looking for cutting-edge technology, whether for personal use or as the perfect gift for...

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