Tata Archives - Inside Retail Asia
British multinational groceries and general merchandise retailer Tesco and Indian multinational automotive manufacturer Tata Motors have both invested another US$8.9 million into their Indian Joint Venture Trent Hypermarket.
Two giant Indian malls, in Nagpur and Amritsar, have been snapped up by Virtuous Retail South Asia for US$100 million. The 1 million sqft Amritsar centre and 700,000 sqft Nagpur property were bought from Tata Realty and Infrastructure’s Trilium shopping mall portfolio, according to a report on Livemint. Virtuous, which is building a portfolio of Indian malls, is the retail development subsidiary of investment compan…
Indian steel manufacturer Tata Steel has launched a steel retail store called Steeljunction in an attempt to create new paradigms in the industry for B2C consumers.
Starbucks India could be fined after failing to pass on a hefty GST cut to its customers.
Marking its fifth anniversary, Tata Starbucks has opened its 100th coffee shop, in Mumbai.
Two private equity firms have offered to buy Belle International in a deal valued at HK$53.1 billion (US$6.8 billion).
Belle International had a 19.8 per cent profit fall for its latest six months, with its revenue edging up 0.9 per cent.
To be more affordable for the market, Zara India has cut its merchandise prices by 10 to 12 per cent.
Apparel and footwear retailer Belle International Holdings says it has opened a net 278 new retail points of sale in Mainland China during the 12 months to November 30.
Chinese footwear retailer Belle International has boosted profit despite sluggish sales in its home market. First half results released today who a 7.6 per cent rise in net profit in the six months to August 31. But the company has warned investors sluggish sales lie ahead in a retail climate it describes as tough and under a growing competitive threat from online retailers. Belle is China’s largest footwear retailer, distributing brands including Puma, Converse, Nike and adidas. I…
Starbucks pursues joint venture with Tata Coffee.
Australian retail giant reportedly renews its deal with India’s Tata Group after dispute threatened to end relationship.