Friuli launched in India

January 11, 2007

ikian Furnitures today announced the launch of their high-end Italian furniture brand ‘Friuli’, which comprises 11 sub brands of niche furniture products. The sub brands under Friuli include C&C Constantini, Delfabro, Goru Cucine, Julia Arredamenti, Maronese, Presotto, Tonon and Valentine.

Friuli’s product range extends from modular kitchens, wardrobes, living units, sofas, chairs, beds and dining furniture to lounging options, lightings and other lifestyle accessories. According to reports, the Indian furniture market is pegged at Rs 30,000 crore.

Fun Multiplex to set up 50 malls

January 10, 2007

Business Line:
Fun Multiplex, part of the $5 billion, Essel Group, will open 50 family entertainment centres across Andhra Pradesh with an investment more than 250 crore within a period of 3 years. The target is to open world-class multiplexes in the entire AP, adding more than 200 cinema screens in the small and big cities of the State. The Group is already executing similar projects in Gujarat and Rajasthan, with a total investment of approximately Rs 1,000 crore.

With the quality of telugu movies coming down drastically and the telugu film industry producing hardly any movie worth watching, how will these multiplexes earn revenue, especially if there is very less demand for non telugu flicks in AP tier 2 cities?

indian retailers setting up global sourcing

January 6, 2007

We all read enough about global retailers procuring from countries like China, India where cheap labour is available. Indian retailers too have joined the race of hunting merchandise globally at cheap rates. Pantaloons have set up global sourcing offices in Hong Kong and China, in line with the rest. exchange4media has more views on it. But do Indian retailers have the muscle to bargain, may be in the near future we’ll get to know.

welcome to mantra

January 6, 2007

from latest news to views of industry leaders, sourcing strategies to acquisition strategies, best practices, worst controversies hapenning in the world of retail(with a more focus on the changing Indian retail space) keep reading our blog…

Happy reading