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FRANCHISEE LED GROWTH
Bata India says new product lines to drive growth, reiterates target to double turnover by 2030By 2030, Bata India plans to achieve remarkable growth by doubling its turnover and profits. To attract a younger demographic, the company ...
McDonald’s supersizes its north and east India bet to $80 million, even as rising costs squeeze profitMcDonald's India is increasing its investment to approximately $80 million for growth and digitisation over the next two years. Surge in co...
McDonald's McRib is back on menu in selected outlets, cities: Check launch date, all about McDonald's iconic sandwichMcDonald's McRib sandwich was first introduced in Kansas City in 1981. Subsequently, in 1982, McDonald's McRib was made available across th...
Lenskart, Meesho among top picks as value retail leads India's consumption story: Siddhartha KhemkaValue-focused retail formats are growing, while premium categories experience challenges due to stock availability issues. Recent demand fl...
Senco Gold shares gain 6% on strong Q2 business update; revenue rises 31% YoYSenco Gold shares rose after the jewellery retailer reported a strong Q2FY27 business update. The company said demand remained robust, driv...
Yum! craves Devyani-Sapphire comboYum! Brands is reportedly mediating a merger between its Indian franchise partners, Devyani International Ltd and Sapphire Foods India Ltd,...
Senco Gold management on company outlook, expansion plans and moreSo same store sales growth in this quarter has been 22%, so out of the 29% year-on-year growth. And as we said this year the franchisee per...
MakeMyTrip plans to grow franchise base by over 50 per cent this yearMakeMyTrip, an online travel services provider, plans to expand its franchise base by over 50% in 2023 to extend its reach in smaller citie...
Pizza Hut operator raises Rs 1,150 crore from PE fundsPrivate equity investors led by Creador, NewQuest Capital Partners and TR Capital have invested ₹1,150 crore ($150 million) for about 30% s...
US sportswear giant Under Armour to appoint local distributor for India operationsOne of the people said the company is considering handing over the local distribution rights to a team led by Tushar Goculdas, the current ...
India a stand-out market: Yum! Global CEO Greg CreedTwo years back, Yum! had consolidated its India business with two franchisees — Devyani International and Sapphire Foods, a consortium led ...
- Hold United Spirits, target Rs 2470 : Edelweiss Financial Services
Hold United Spirits Ltd. at a price target of Rs 2470 and a stop loss at Rs $stopLossL from entry point
Aircel to set up 500 retail stores by mid-2015Aircel said it has expanded its retail footprint by setting up 200 XPRESS Stores, based on franchisee-owned franchisee-operated model.
Peter England to grow moderately at 25% annuallyPeter England foresees a slight decline in the pace of its growth in the country for the current financial year due to macro factors.
- Retailers use franchisee route to revive brand
Liquidity crunch has not stopped brand expansion. Instead, retailers are tweaking strategies to make way for franchisee model, which will l...
- Franchising In India: Opportunities Galore
It is estimated that there are around 600 franchisers spread across education, retailing, hospitality and healthcare in India. That transla...
- Intercontinental, Grand call off franchisee deal
Intercontinental Hotel Group (IHG) and Lalit Suri’s Grand Group (Bharat Hotels) have called off the decade-old franchisee agreement.
- PE cos may find limited retail space
PE funds may not be allowed to invest in retail companies which are franchisees of foreign brands. Stocks & sectors to watch | Gainers & Lo...
- Foreign PEs may get less options now
If the government has its way, PE funds will not be allowed to invest in Indian retail companies which are franchisees of foreign brands.
- Whistleblowing set off Yum! exits
A little more than a week after ET first reported the departure of three top executives of Yum! Restaurants India - CEO Sandeep Kohli, head...