Vodafone Archives - Inside Retail Asia

CitiXsys wins $60m funding led by Goldman Sachs

Retail-technology pioneer CitiXsys has closed a US$60 million funding round led by Goldman Sachs Merchant Banking Division.

Adyen index: mobile payments strong for travel

Airline and accommodation bookings made up 15.5 per cent of mobile payments in the first quarter, according to technology provider Adyen.

Christian Louboutin Tokyo pop-up

Christian Louboutin’s latest spring/summer bag collection is being showcased in a pop-up boutique in Tokyo’s Isetan department store.

Tesco gets green light in India

India’s Foreign Investment and Promotion Board (FIPB) has approved English retailer Tesco to initially invest $110 million in the country. Tesco is taking 50 per cent stake in Tata Group’s Trent, operator of Star Bazaar supermarkets. It plans to expand the existing Star Bazaar network by opening up to five supermarkets a year. The retailer will be the first foreign multi-brand retailer to open in India, which struggles to attract foreign investments due to complex government legislation. …

H&M gets India approval

India’s Foreign Investment Promotion Board has approved the proposal of Swedish retailer H&M to open stores in India. H&M will invest 7.2 billion rupees (US$113 million) to open 50 stores across India. The company is the second Swedish retailer after Ikea to get approval from the Indian government to invest in single-brand retail. H&M’s first store is likely to open before the year ends or in early 2014. Meanwhile, a decision on an application by British telecommunication…

Vodafone India opens new concept

Mumbai store offers live and engaging experience.

Vodafone expands ‘Angel’ stores

Telecommunications service provider to open 15 new stores staffed completely by women.