South Korean lifestyle brand Mumuso expansion strategy is to expand its presence all over India and is aiming at a business turnover of Rs 1,000 crore with over 300 outlets by mid-2022, a top company official said.
As part of its expansion, Mumuso would have a blend of both the company-owned and franchise stores. Continue reading →
Flight Shop, the leisure brand of Flight Centre Travel Group (FCTG), Australia, in India, opened its first retail store in Surat and second franchise outlet, after Hyderabad. Spread over 1100 sq. ft., the Flight Shop outlet in Surat aims at catering to the needs of up market urban consumers – families, business travellers, honeymoon couples and groups of travellers. The new retail outlet will offer travellers Flight Shop’s range of products and services – Domestic and International Flights, Customized and Group Holidays, Hotels, Car Transfers, Visa, Cruise holidays, Honeymoon holidays, Adventure holidays and more. Continue reading →
Yellow Tie Hospitality has on Wednesday announced that it has partnered with UAE based street food brand Just Falafel. The company is investing US $3 million on Just Falafel and plans to open its first store in Mumbai.
Yellow Tie Hospitality is India’s first professional food and beverage franchise management company, started by Karan Tanna in January 2016. The company is known for providing comprehensive support to franchise owners to scale profitability. Apart from this, Yellow Tie Hospitality is also credited for bringing Genuine Broaster Chicken to India. Continue reading →
Japanese sportswear brand Asics is planning local sourcing in India so that it can apply for FDI and benefit from lower duties. Considering its competitors like Nike and Puma have already got FDI clearance to start their own stores, Asics has to wait till it completes the 30 per cent local sourcing norm before it can get away from the franchise model. Continue reading →
Switzerland-based lifestyle brand for men, Swiss Military, has embarked on a store expansion plan to enhance its presence in India. It has outlined capital investment of Rs 200 crore to set up its own stores and in developing a logistics and warehousing network, a company official said. Continue reading →
London-based hair styling firm Toni&Guy plans to double its saloons to over 100 in the next three years in the country and wants India to be its second highest contributor in its global fold. Continue reading →
Vyomo, an aggregator of beauty salon doorstep services funded by cricketer Yuvraj Singh, will become a part of Naturals with the nation’s largest salon chain investing Rs 100 crore for a controlling stake. Continue reading →
Chisel, the Virat Kohli-backed fitness start-up, is set to introduce technology-enabled workout routines, targeting young information technology workers, as it expands its network of fitness centres across India. Continue reading →
Luxury men salon chain carrying a legacy of 210 years, Truefitt & Hill has forayed into Bengaluru with a 2,000 sq feet outlet in Indiranagar. With 6-barber chairs and 2-royal suites, the salon has been set up at an investment of Rs 1.5 crore.Continue reading →
Myntra, an online fashion store owned by flipkart is in advanced talks to manage the local retail chain of Forever 21, the US fashion brand targeted at teens and young adults, reported Economic Times. Continue reading →