Sephora and Reliance Retail Ltd have abandoned talks to form a retail partnership for the Indian market with the French multi-brand beauty products chain deciding to continue with its existing alliance with Arvind...
Reliance Retail acquires footwear retailer V Retail
Reliance Retail has acquired Telangana and Andhra Pradesh-based footwear and apparel retailer V Retail Pvt Ltd, which operates a retail chain under the brand name ‘Centro Style’. V Retail operates 32 Centro...
Ghodawat Consumer buys packaged foods brand To Be Honest
Ghodawat Consumer Ltd., the consumer goods arm of Sanjay Ghodawat Group that retails home and personal care products, staples, and snacks, has acquired packaged foods brand, To Be Honest, to strengthen its premium...
NCLT admits insolvency plea against Future Supply Chain Solution
The National Company Law Tribunal (NCLT) on Friday admitted the insolvency plea filed against Future Supply Chain Solutions Ltd (FSCSL). Future Supply Chain Solutions Ltd (FSCSL), a part of Future Group firm, in a...
France’s InVivo to buy one of the world’s oldest malthouses in Belgium
Malteries Soufflet, a branch of French agribusiness group InVivo, said it had signed an agreement to take over Belgian malthouse Castle Malting, one of the oldest producers of the beer ingredient in the world. When...
Sheela Foam to acquire rival mattress maker Kurlon for Rs 2,000 crore, says report
India’s largest mattress manufacturer Sheela Foam will reportedly soon acquire competitor Kurlon for Rs 2,000 crore to further expand its footprint, ET Now reported citing unnamed sources. Kurlon sells Kurl-on...
Reliance acquires Metro AG’s India business for Rs 2,850 crore
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, on Thursday signed definitive agreements to acquire 100 percent equity stake in Metro Cash and Carry India Pvt Ltd, which operates under...
Mensa acquires MensXP, iDiva, and Hypp from Times Internet
Mensa Brand Technologies Private Limited, which owns a clutch of direct-to-consumer companies under Mensa Brands, has partnered with India Lifestyle Network to acquire lifestyle portals MensXP, iDiva, and creator...
Promoter Reliance Retail to sell 2% stake in Just Dial
Promoter Reliance Retail Ventures plans to sell 2% stake in Just Dial through the open market by the end of this month in order to comply with regulatory requirements. Promoter and promoter group entities together hold...
South Africa’s Woolworths to sell Australia’s David Jones
Woolworths is selling its Australian David Jones unit to a private equity fund, Anchorage Capital Partners, finally walking away from the upmarket department chain after years of underperformance. The South African food...
Indonesia’s GoTo sells $96 mln stake in retailer Alfamart
Indonesia’s PT GoTo Gojek Tokopedia said it has sold its stake in local retailer Alfamart worth 1.5 trillion rupiah ($96.03 million), days after the tech firm announced its strategy to focus on accelerating...
Fashion retailer Boohoo raises stake in Revolution Beauty
British makeup group Revolution Beauty on said online fashion retailer Boohoo had become its largest shareholder after earlier naming company insider Bob Holt as its new chief executive. Boohoo, in a statement...
