Purvita Chatterjee , The Hindu Businessline Mumbai, May 30, 2013 Global they might be, but the café chains have woken up to the potential of coffee in smaller towns and cities. The metro markets are saturated, the rents are high, and they are having to shut down some stores. They are even becoming more open to franchising their brand in these new places. After setting up shop in Mumbai and Delhi, Starbucks is now enquiring about rent in Bangalore. Barista Lavazza, one of the first international coffee retailers, hopes to add 15-20 cafes every year. “All our outlets have largely…
Written By Christine Gilguy Inde Les marques étrangères profitent de l’ouverture du commerce de détail L’assouplissement de la réglementation indienne sur le commerce de détail a créé un appel d’air pour les marques étrangères qui lorgnent sur une classe moyenne en pleine croissance. Les marques françaises sont à la traîne. Il y a à peine un mois, Ikéa, le géant suédois de l’habitat, faisait la Une de la presse indienne et étrangère en annonçant une mise de près de 2 milliards d’euros pour lancer ses dix premiers magasins en Inde. Il venait d’obtenir l’agrément final du gouvernement indien pour investir…
Christine Gilguy, Le Moci (http://www.lemoci.com/) France, 30 Mai 2013 Il y a à peine un mois, Ikéa, le géant suédois de l’habitat, faisait la Une de la presse indienne et étrangère en annonçant une mise de près de 2 milliards d’euros pour lancer ses dix premiers magasins en Inde. Il venait d’obtenir l’agrément final du gouvernement indien pour investir 105 milliards de roupies (environ 1,95 milliard de dollars) pour créer 10 magasins dans les 10 prochaines années, et 15 autres en option. Des magasins sur le modèle qui a fait son succès en Europe, à une seule petite exception :…
Organised by the Retailers Association of India the Delhi Retail Summit this year (10 May 2013) focussed on multi-fold growth for retailers utilising multiple channels to the consumer, with panel discussions and presentations by industry leaders who shared their experiences in exploiting the opportunities and dealing with the strategic and operational challenges of their varied businesses. Some snippets from the first panel discussion, comprising of the following panelists: Devangshu Dutta, Chief Executive, Third Eyesight (Session Moderator) Aakash Moondhra, Chief Financial Officer, Snapdeal.com Atul Ahuja, Vice President - Retail, Apollo Pharmacy Atul Chand, Chief Executive, ITC Lifestyle Lalit Agarwal, Chairman & Managing Director,…
Mihir Dalal, MINT (A Wall Street Journal Partner) Bangalore, May 13, 2013 After successfully wooing drinkers toward McDowell’s No.1 products from cheaper labels such as Bagpiper, United Spirits Ltd is increasing its focus on higher-priced brands such as Antiquity whiskey and Black Dog scotch. From April to December, the volume growth of United Spirits’ premium brands—products including and priced more than its McDowell’s No.1 whiskey—was 18%, faster than the industry average of 12%, according to data supplied by the company. A majority of the growth was driven by McDowell’s No.1 whiskey and rum, both of which overtook Bagpiper, the company’s…
Geopolitical friction has again sparked renewed concerns over inflation and rising input costs for FMCG companies as @itmeansjustice @whysnavi write. @devangshu commented.
