Starbucks entered India in October 2012 through an equal joint venture with Tata Global Beverages and operates more than 80 outlets in the country.
The ecommerce major had earlier unsuccessfully tried to acquire the store network of US brand Forever 21, which it lost to Aditya Birla group.
Murjani Group is the owner of Brand Marketing India (BMI), the holding company in the country for London’s French Connection that owns the FCUK brand.
Aditya Birla Group is in a late stage of discussions” to lease 100,000 sq ft of space in Worldmark 2, where the first Saks outlet in India will open.
Amazon’s application has come as a relief for govt whose high-decibel campaign to attract global retailers and manufacturers was otherwise was flopping.
CyberHub, Sector 29 restaurant and bar operators anxiously await Haryana government's interpretation of SC order banning liquor sale along highways.
Spanish brand Zara, the market leader in fast fashion, too is looking at slashing its prices to bring them closer to Swedish rival H&M, said two people familiar with the matter.
Several mall executives and DKNY store managers ET spoke to confirmed the development, though the head of its India franchisee, DLF Brands, denied the company was completely exiting the country.
Fabindia, the country’s largest private retailers of ethnic wear and other traditional products, acquired a 40% stake in Organic India in 2013, and later increased it to 50%.
Co's subsidiary Organic India may take Ayurveda to the land of the dragon next year if it gets regulatory approval.
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