Planet Retail news and archive

Arvind acquires Debenhams, Nautica and Next biz in India

Textile and apparel major Arvind’s subsidiary Arvind Lifestyle Brands has acquired business operations of British fashion retailers Debenhams, Next and American lifestyle brand Nautica in India from Ramesh Tainwala-led Planet Retail. Planet Retail franchise agreements with all the three fashion brands as part of its business restructuring...

Apparel

Planet Retail to sell apparel brands rights to Arvind

Ramesh Tainwala-led Planet Retail has decided to completely exit the rights for apparel brands Nautica, Next, and Debenhams. The company is said to have sealed a deal to sell them to textile and apparel major Arvind. According to sources, Tainwala was not able to give enough attention to these brands. Earlier, he gave up rights of the US brand...

Apparel

Arvind eyeing Debenhams, Next & Nautica biz in India

Sanjay Lalbhai, Chairman and MD of apparel and textile conglomerate Arvind Group is looking at cracking a mega-deal through which the company may acquire the operating stores and rights of British fashion retailers Next and Debenhams along with Nautica from Planet Retail, say media reports. The negotiations between the two are said to have...

Apparel

Next, Debenhams eye retail expansion through new partners

UK-based retailers Next and Debenhams are said to be scouting for new partners in India to carry out expansion plans. Earlier media reports had said that Planet Retail has inked a 10-year master franchise agreement with Debenhams. The reports said that earlier, when Planet Retail brought the chain to India in 2007-08, it failed to make a mark...

Apparel

UK’s Monsoon would be in India soon

Planet Retail is planning to get Monsoon, the UK-based high street fashion brand, popular for its ‘boho chic’ (bohemian) fashion, to India soon. Planet Retail is owned by non-resident Indian V P Sharma and Samsonite’s Ramesh Tainwala. The company has said to have signed a franchisee agreement with UK fashion group Monsoon Accessorize, Monsoon’s...

Apparel

Local partners of global brands launch own labels

Many domestic retailers, who have been in the forefront of bringing in well-known international brand to India are now utilising their experience to launch their own labels. Planet Retail, for instance, which has brought brands like Debenhams, AcceSSorize, Nautica and Next into the country, has gone solo with handbags brand Lavie. Similarly, DLF...

Apparel

Planet Retail withdraws expansion plans

Planet Retail, which sells a clutch of international clothing and accessory brands in India, has stopped both its expansion and investment plans on the back of a weak global economy and slow in demand and sales. The retailer of Guess, Body Shop, Accessorize, Next and Nautica brands in India may also miss its 2015 break-even target. Planet...

Apparel

Nautica chooses best designers

Nautica customers selected one winner each from Delhi and Mumbai in Nautica’s styling contest that was organised recently. Benjamin, a freelance stylist with ‘The Man’ magazine and celebrity stylist and freelancer Nischay Niyogi bagged the title for their designs that were found to be most synonymous with the essence of Nautica -- understated...

Apparel

Guess opens women’s store

Guess, the premium apparel and accessories brand, has opened a showroom only for women in Pune. Located at the Market City Mall, the plush store spreads across 1,519 sq ft. The newly opened store is a mixture of elegant styles and intricate detailing, making it an irresistible style destination for the fashion savvy women shoppers. Realizing the...

Apparel

Planet Retail to add lifestyle brands

Planet Retail the well known chain that offers brands like Guess, Next and Accessorize is planning to add two more brands to its list in the next one year. The chain which has 72 stores and originally owned eight global brands had frozen expansion of brands such as OshKosh B’Gosh, Sole Effect and Cartier. However, it now plans to bring in some...

Apparel

Planet Retail forays into kids wear

Planet Retail has always been at the forefront of retailing in India by setting new standards, venturing into uncharted territories and launching revolutionary retail concepts. The retail stores have become popular shopping destinations for lifestyle, fashion and health and beauty products. Planet Retail Holdings offers some of the best brands...

Fashion

Planet Retail to add three more brands

Planet Retail is a retail marketing organization with a difference; the difference being customer orientation. At Planet Retail, customers are placed at the helm of all operations. As the founder Dr Tainwala says, “Treat your partners the way you would like to be treated. Only ethical practices bring in success and satisfaction. Exist for...