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Beaten offline, Gap takes to online sales in India

 Almost two years after it entered India, global fashion retailer Gap struggles to keep up with rivals Zara and H&M. IMAGE: Actor Imran and his daughter Imara. Photograph: Kind courtesy www.gap.in.......

Swiss retail giant Richemont plans to invest $25 mn in India

 Swiss retailer Richemont plans to invest about $25 million in India to set up single brand retail stores in the country. The company, which sells luxury products, including brands like Cartier,......

'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......

Marks & Spencer to accelerate expansion in India

 UK-based apparel chain Marks & Spencer is accelerating its expansion in India with plans to add ten stores in the next six to eight months in the country, which it has identified as one of the key......

FDI in retail: Sourcing clause to deter foreign companies

 The government's decision to completely open FDI in single brand retail is unlikely to have any significant change as foreign firms will be deterred by the 30 per cent sourcing clause, say industry......

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