Market Watch - Jan 2007

Retail major Shoppers' Stop, part of the K Raheja Corp, is consolidating its luxury retail business by roping in over 40 global brands and has lined up Rs 500 crore worth of investments for this purpose.
Nike India has found an unusual display space to promote its apparel, footwear and accessories among women. The company has partnered with fitness centres Gold's Gym and Chisel to showcase its products.

After making its presence felt in eastern and northern India, Blackberrys, a premium men's clothing brand, is embarking on its southern foray through an aggressive expansion and marketing plan in Chennai, Bangalore and Hyderabad.

Madura Garments, textile and apparel division of Aditya Birla Nuvo, is foraying into retail in Sri Lanka.

Infosys Technologies and its chief executive, Nandan Nilekani, have lately taken a couple of steps which offer a glimpse into how the two are evolving on their journey towards a single goal – becoming a "globally respected" brand.


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Corporate Study Circle,
IMERT, Pune