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Promart Retail

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'Speed money' puts brakes on India's retail growth

India is the next great frontier for global retailers, a $500 billion market growing at 20 per cent a year. Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail......

Provogue reworks business plans to boost revenues

After a year of slow growth, apparel maker and retailer Provogue is reworking its business strategy to boost revenues and prop up margins, a top company executive said. Under the new strategy,......

Discount stores steal the thunder

They are considered the poor cousins of retailing. But discount stores that sell apparel and accessories at 30-40 per cent lower than the marked price are giving the primary retail chains a run for......

Provogue plans 40 outlets by year-end

Apparel retailer Provogue will set up 40 stores by the year end and plans to introduce new categories in line with its existing businesses. The company plans to set up one store (costing Rs 50-60......

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