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Monthly Archives: June 2007

Permira to launch €2.6 bn bid for Valentino

Milan, Private-equity firm Permira said that it struck deals to increase its stake in Valentino Fashion Group SpA to about 53%, and that it...

Emaar & MGF to invest $12 bn in India

Mumbai, A joint venture of Dubai's Emaar Properties and India's MGF Developments Ltd. plans to invest in India more than $12 billion over the...

Maxeda sells Hema retail chain for €1.3 bn

Amsterdam, Dutch privately held retail group Maxeda said that it had sold its Hema retail chain which earned more than 1.3 billion euros (883...

Counting Beans is the Bigger Picture

Retail City Conference opens up with Dr. Joseph Michelli author of ‘The Starbuck’s Experience’ – expert explains how to turn beans into billions by...

HP developing Kiosk to improve shopping experience

At HP Labs in California, researchers are developing an in-store kiosk solution called the Retail Store Assistant (RSA) that will make shopping for food,...

New flagship stores in New York

New York is getting hippier by the minute. From Tom Ford to Diane Von Fustenberg opening new flagship stores, New York is proclaiming the...

DLF issues India’s biggest $2.4 bn IPO

Mumbai, The $2.4 billion initial public offer (IPO) by India's biggest developer DLF Ltd., is fully subscribed just days into a two-week global roadshow,...

Oberoi will run two Abu Dhabi & Dubai hotels

Dubai, India's leading luxury hotel developer and operator Oberoi will run two hotels in Abu Dhabi and one in Dubai, marking the group's entry...

Supervalu to open 30 new stores next year

Supervalu Inc. plans to continue investing in the stores that it bought last year from Boise, Idaho-based Albertsons and update its own roster of...

Fortune Group to launch ‘Fortune Avenue’ in Dubai

Fortune Group, a Dubai-based property developer, announced that it will build an $81.7 million (Dh300 mln) commercial tower at Dubai's $54.5 billion (Dh200 bn)...