H&M, Starbucks top of the foreign chain list

Starbucks, Hennes & Mauritz (H&M), Hamleys, Lacoste and Gron Stockholm are among the foreign chains set to be active in the Indian retail real estate space this year, according to market intelligence. Swedish furniture company, IKEA, too will scout for large space to set up its outlets on the outskirts of big cities. Of these, […]

H&M, Topshop in final India retail push

Swedish fast-fashion giant Hennes & Mauritz (H&M) has asked leading mall developers to block space for its initial stores in India, as the world’s second largest fashion retailer hopes to open a local office in the next three months. British billionaire Philip Green owned  Topshop is another foreign retailer finalizing plans to enter the country […]

H&M December sales up 8 percent

In December 2012, H&M Group total sales including VAT in local currencies increased by 8 percent compared to the same month the previous year. Sales in comparable units decreased by two percent. Comparable units comprise the stores and the internet and catalogue sales countries that have been in operation for at least a financial year. […]

Policy change triggers single-brand retail rush

After proposals by IKEA and Pavers, another bunch of foreign single-brand retail applications is on its way to India, prompted by easier sourcing and brand ownership rules. At least half a dozen such applications, including those from Celio, Gruppo Coin and Artsana, are in the works and are expected to be sent to the government […]