Could spiralling realty prices and other costs sore India’s big retail dream?
Yes, at least in the short run, if recent warnings of retail biggies are to be believed.
Kishore Biyani, Chairman of the Future group, who has already rolled out over seven million sq ft of retail space under different formats, had only recently warned that […]
Entries Tagged as 'Aditya Birla (More)'
Spiralling costs are forcing ‘MORE’ to revisit its growth strategey
June 19th, 2008 · No Comments
Tags: Property/ Realty · Expansion/ Investment/ Launch · Aditya Birla (More)
Birlas launch yet another large format ‘Peter England People’ value apparel store in Hyderabad
May 28th, 2008 · No Comments
“Good retailing is like good story telling. When you control the entire chain, the destiny is in your control.” — Zeena Freeman, CEO, Peter England People.
Having already launched two large format Peter England People stores in Bangalore and Mumbai, the Kumar Mangalam Birla owned Aditya Birla Nuvo, launched its third family […]
Tags: Expansion/ Investment/ Launch · Accessories · Apparel · Aditya Birla (More)
Birlas see ‘retail’ as key to future growth; unveil large format Peter England People store in Mumbai
May 27th, 2008 · No Comments
Madura Garments, a part of the over Rs. 100,000 crore aluminium to textliles Aditya Birla group, which owns Louis Phillippe, Van Heusen, Allen Solly and Peter England menswear apparel brands in premium and value segments, recently opened “Peter England People” to sell clothes of popular value brand in suburban Mumbai, is […]
Tags: Expansion/ Investment/ Launch · Apparel · Aditya Birla (More)
Birlas to foray into super premium, luxury apparel segment; existing brands post excellent results
May 3rd, 2008 · No Comments
Madura Garments, the branded apparel division of Kumar Mangalam Birla-led Aditya Birla Nuvo, which retails branded apparel under several lifestyle and value brands like Allen Solly, Louis Phillipe (lifestyle) and Peter England (value), has crossed the major milestone in sales of Rs. 1,000 crore this year.
The annual turnover of the country’s largest branded apparel […]
Tags: Expansion/ Investment/ Launch · Results (Sales/ Financial) · Apparel · Luxury Products · Speciality/ Concept stores · Aditya Birla (More)
‘More’ plans more
April 4th, 2008 · No Comments
“Our rollout strategy is dependent on our ability to execute. We are planning to launch more stores,” Sumant Sinha, Chief Executive Officer, Aditya Birla Retail.
Aditya Birla Retail, the retailing arm of aluminum to textiles Aditya Birla group, operating a retail chain of predominantly food and grocery stores, until March, 2008, has rolled out […]
Tags: Expansion/ Investment/ Launch · Convenience Store · Supermarkets/ Superstores · Hypermarket · Aditya Birla (More)
‘Esprit’ on growth path; plans to double turnover every three years
March 24th, 2008 · No Comments
“We are a women’s international fashion brand, operating 15,000 stores out of 45 countries. We believe in bringing style to the consumers, and not create fashion victims.” — Manjula Tiwari, Chief Operating Officer, Esprit Madura Garments.
Esprit, an international youthful lifestyle brand that offers 12 product lines of smart, affordable luxury a lifestyle […]
Tags: Expansion/ Investment/ Launch · Accessories · Apparel · Aditya Birla (More)
Birla’s retail venture set to touch 500 stores mark this month; 2nd hypermarket launched
March 8th, 2008 · No Comments
“We have ambitious growth plans. While we now have two megastores (hypermarkets), more are on the anvil.” — Kumarmangalam Birla, Chairman, A V Birla group.
Aditya Vikram Birla Retail, which entered the booming retail sector about a year ago with the mission of “to change the way India shops” according to Mr. […]
Tags: Expansion/ Investment/ Launch · Convenience Store · Supermarkets/ Superstores · Hypermarket · Aditya Birla (More)
Birlas rebrand acquired retail chains as ‘More’; plan to set up 1,500 supermarkets and 100 hypermarkets
February 2nd, 2008 · 1 Comment
The Aditya Birla Retail, a part of the Kumarmangalam Birla controlled, A V Birla group, which had acquired Hyderabad-based Trinethra supermarkets chain, towards the end of 2006, is planning to aggressively expand the network of its supermarkets retail chain, called ‘More,’ across the country.
The group has decided to invest about $2 […]
Tags: Expansion/ Investment/ Launch · Discount Store · General Merchandise · Food & Grocery · Hypermarket · Supermarkets/ Superstores · Aditya Birla (More)
A V Birla’s ‘More’ on expansion spree; 150 supermarkets planned for Delhi in 6 months
December 17th, 2007 · No Comments
Aditya Birla Retail, the retailing arm of the $24 billion Aditya Vikram Birla group, led by Kumarmangalam Birla, which besides Trinethra Supermarkets chain in the South, has begun rolling out its flagship food and grocery retail chain ‘MORE’ in the West (in the cities like Pune and Ahmedabad) and in the […]
Tags: Food & Beverages · Expansion/ Investment/ Launch · Fashion and Apparel · Food & Grocery · Aditya Birla (More) · Mukesh Ambani (Reliance)
Aditya Birla Retail looking at six-fold increase in employee strength; undertakes measures to combat attrition
December 5th, 2007 · No Comments
Aditya Birla Retail, a retail initiative of Kumarmangalam Birla group, which is currently operating 300 retail stores and employing about 8,000 persons, according to Santrupt B Misra, its Director-HR and IT, is looking at increasing the total number of employees to 55,000 for its retail business. He was speaking at a seminar of the National […]
Tags: Aditya Birla (More) · HR/ Employment
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