Aditya Birla Retail launching its own goods' labels

After consolidating its presence in the retail business, Aditya Birla Group is planning to launch its own private labels in the electronics and consumer goods space in the next two to three years. The company at present has its private labels in selected consumer goods, apparel and fruit and beverages. The company started its retail venture in 2007 with the acquisition of Trinethra Super Retail with more than 170 stores across four south Indian states. In the store expansion front, after Delhi, the company will open a hypermarket in Hyderabad soon and then seven more hypermarkets will follow this year. The company’s new goods’ labels and store expansion plan would definitely accelerate the business of signage players, particularly in-store sign makers, print providers, etc.

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Triumph sets new expansion target in India

Women's innerwear brand Triumph International announces that the company is eyeing over Rs 450 crore revenue from the Indian market in the next five years. The company, which has a presence in 120 countries, plans to invest nearly seven per cent of its global turnover in India for further expansion. The company at present has 7-9 flagship stores in India, especially in the metros and 20 partner stores, besides presence in 120 department stores. Now, it is certained that the cosy Triumph stores will deliver a new business to in-store media companies, sign suppliers/makers, print providers, etc.

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Orra starts selling gold jewelleries, plans to open new outlets

Orra, one of India’s leading diamond jewellery retail chains, recently started selling gold jewellery and plans to open huge anchor stores in metros to expand the company’s presence in the diamond and jewellery sector. This Rosyblue Group company is the only jeweller in India to have tied up with De Beers, Platinum Guild India & World Gold Council. In the company’s expansion plans and brand-building move, signage players like min-store media companies, print providers, sign suppliers/makers will get a golden opportunity to grab new business.

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GAP likely to hit big in Indian market soon

American clothing giant GAP may revive plans to enter the Indian market. GAP’s team has sounded out prominent Indian apparel makers, including Reliance Brands, Aditya Birla Nuvo-owned Madura Garments and the Future Group. The company seems serious about entering India as its sourcing team spent a few days with a few leading Indian apparel firms. GAP has around 3,100 stores across the globe. Of course, foray of such global clothing heavyweight into India will multiply the potential of business opportunity for in-store signage media across the country.

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Godrej expands to move into kitchenware segment

Godrej Appliances, the white goods division of Godrej and Boyce Manufacturing Co Ltd, is planning to diversify into kitchen appliances and focus on low-cost water purifiers for growth. The diversification will help create synergy with group firms such as Godrej Interio, which makes modular kitchens. The move will also build on the appliances range, which includes microwave ovens, refrigerators and water purifiers. The affordable purifiers also complement the existing low-cost refrigerator—Chotukool—that caters to the rural market. The expansions will account for close to 30 percent of revenue even as the company remains a white goods maker and what it delivers to the signage segmnent in this respect is a new business opportunity opening to in-store signage companies.

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Booker plans Indian expansion

Cash-and-carry retailer Booker plans to open a raft of new stores in India after an initial outlet in Mumbai proved a massive success. Booker chain, which is run by former Marks & Spencer executive Charles Wilson, annnounces that a second branch will be openned in Mumbai this financial year. It will also test the opening of a franchised Booker branch in an unspecified other Indian city with a local partner. The company believes that outside Mumbai, expansion with partners could accelerate the roll-out. Arrival of more Booker stores in major cities across the country will open a new business opportunity to the in-store signage segment.

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