Kishore Biyani led Future Consumer Enterprise Ltd (FCEL) will consider re-alignment of the business dealing in distribution of food and FMCG products through a franchisee arrangement.
Ethnic women wear brand Soch sees 2016 year optimistically as it hopes to set up 35 to 40 more outlets next year in India. Of these total stores, 20-25 will be opened through the franchise mode.
Starkenn Sports Pvt Ltd, the Exclusive Distributor right holders of Taiwan-based Giant Bicycles in India and South Asia, intends to open 20 new franchise outlets in India in 2016.
Bangalore-based Indian Institute of Hardware Technology (IIHT) is seeking franchisees for pan-India expansion. The brand is tapping tier-II and III cities for the same.
Baby care product retailer FirstCry is looking forward to opening 100 franchise outlets in 2016. The brand has a major thrust on franchising as all its 150+ currently operational stores are based on a franchise model.
Yum! Brands, Inc. has announced that David C Novak, 63, Executive Chairman, plans to retire in May 2016 following the Company’s annual shareholder meeting and step down from the Company’s Board at that time.
International sports and lifestyle footwear brand Skechers aims to open 100 to 125 stores in the next three to four years. Presently, the brand has 35 stores.
The round was led by SoftBank Ventures Korea. IMM Investment Group, Mega Investment, Korea Development Bank and Capston Partners also invested in that round.
This launch will enable RDC India to offer a collaborative, integrated and personalised approach for optimal therapy to people with diabetes or those at risk of developing the disorder.
The appointment marks the beginning of a strategy by building on three core businesses - wellness services, personal care products and skill development.
The has also made an open offer to shareholders of Mumbai-listed MT Educare to buy an additional stake of up to 26% as per regulatory requirements, the companies said in separate stock-exchange filings.
Raised capital will be utilised in to further expand its user base to 5,00,000 by March 2017. The company will be further spreading its wings to explore the other parts of the country.