NEWS / POLICY / NOVEMBER '06
 

Diesel to be brought to India by Murjani

One of the leading global apparel and accessories brands, Diesel is in plans to foray into India. The final touches to the deal are being given by the Murjani group with a master franchisee deal with the 1.2 billion pound deal with the Italian brand. The deal will be extended to all product categories of the Diesel brand. If the deal is successful, the Murjani group will be the master franchisee for the brand in India as well as other South Asian markets.

S P Apparels to raise private equity in deal with New York Life Fund

Avinashi based S P Apparels Ltd is in talks to raise private equity with the New York Life Investment Management Fund. The amount of equity fund involved in the deal might be less than Rs. 40 crores. Once the technical formalities are completed, the deal would come through.

10 crores investment planned by Gavel Fashions

A wholly owned subsidiary of the Essel Group, Gavel fashions has planned an investment of Rs.10 crores over the next 18 months to open outlets for Italian menswear brand Pal Zileri. There are also plans to introduce 20 other international lifestyle brands through exclusive tie-ups in the next two-three years. The agreement between the two companies has been entered keeping in mind the huge marketing opportunities which a growing market like India has to offer.

Bombay Dyeing to have increased presence in premium segment

Textile major Bombay Dyeing is strategizing itself with a dual retail strategy to cater to the low and high end of the market. The new retail initiative would include shops catering exclusively to the premium end of the market. The look and feel of the new stores would be different to signify the high-end range of the products. The company also plans to open more company owned stores for the high end segment.  

Retail operations to be expanded by Oswal

In order to sell its Cotton County apparel brand, Nahar Industrial Enterprises is planning to open 1000 exclusive outlets by 2010. The group had entered the retail segment with its own brand last year and opened 150 outlets in the country. The promoters of the group, Oswals are planning to take the retail turnover to Rs 1000 crores in four years.

Woolworths to evaluate options in India

Australian retailer Woolworths is open to more acquisitions in a growing economy like India but its main focus would be growing its market share in Australia and New Zealand.  While the company concentrates on its home market, Woolworths is also looking out for acquiring targets with a good brand name and annual revenues of about $1billion. 

TEXPROCIL signs MOU with Government of Uzbekistan

Future Group to have largest factory outlet for own labels

Premium brand jeans segment gathers momentum in India

Provogue to be title sponsors for Global India Film Awards

Tarun print tech bags 15 sgia awards   

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