AHMEDABAD, SEPT 19: Buoyed by the Goods and Services Tax (GST), the city-based women’s ethnic wear brand Span Apparels plans to expand its retail network to southern and eastern states of the country. The company has laid down plans to invest Rs. 100 crore towards massive expansion of retail outlets and setting up a warehouse in Ahmedabad. … Read More →
City-based women’s ethnic wear brand Span plans to invest Rs 100 crore over the next three years to ramp up its retail presence. By 2020, the company plans to increase the number of large-format stores to about 600 and exclusive outlets to 100 from 250 and 25, respectively, at present. “We are present in about … Read More →
De Beers Group wants to make sure that future generations love—and also see the value in—diamonds. And it’s willing to invest in that eventuality. The international diamond company will put more than $140 million into its marketing efforts this year—its biggest spend in marketing since 2008, according to De Beers Group. The investment will be focused on drumming up consumer demand for diamond … Read More →
New Delhi: Textile and apparels major Raymond will invest a total of Rs 1,400 crore in a phased manner in its new plant at Amravati in Maharashtra which will go on stream by this year-end. The company has made an initial investment of Rs 200 crore for the first phase of the new unit that will produce cotton shirts, … Read More →
UAE-based Pure Gold Group will invest AED 1.2 billion (approximately US$400 million) to expand its regional operations over the next decade. While the primary investment will be in the jewellery sector, the company will also invest AED 200 million (about US$54 million) in other sectors and in its luxury sunglasses retail chain La Moda Sunglasses, … Read More →