#1 Retail News: Cafe Coffee Day (CCD) has announced that is has bought out, Café Emporio, a Czech Republic café chain, for Rs 15 crore. This is the first acquisition for the company. The café chain has 11 cafes in the Czech Republic, seven of them are in Prague and one each in Brno and Olomouc and two at Freeport-Hate.
#2 Retail News: Madura Garments to double capacity – Mr KM Birla.
#3 Retail news: Triumph International - World's leading lingerie and shape wear brand successfully competed the 3rd year of this Worldwide Lingerie Design Contest that had the theme "Shape Sensation".
#4 Retail News: In a bid to address the issues imposed by foreign investment norms, the world's largest retailer Wal-Mart has sought support from the US government for entering the multi-billion dollar Indian retail market.
#5 Retail News: Organised retailers are expanding their private label portfolios to push margins. Private labels are brands owned by the retailers themselves, priced at least 5-20 per cent less than manufactured brands. According to industry estimates, profit margins in private labels range from 15-20 per cent in FMCG produ...cts, 20 per cent in electronic goods and 30-70 per cent in apparels.
