Sara Lee Corp. announced on 12 May that it has agreed to sell its 51 percent stake in the Godrej Sara Lee Ltd joint venture to Godrej Consumer Products Ltd for EUR185 million (USD231.5 million). The t…
.
Your one-stop source for retail intelligence in Asia
Hotels communicate through sound and scent
Think back to your last hotel stay: what did the lobby smell like? Do you recall the music being played, or was it the tune in the lift that stuck in your mind?
The use of sensory design and marketing…
Carrefour to set up shop in India this year
Carrefour – the world’s second largest retailer – will enter the India market in July with its first cash-and-carry outlet in New Delhi, followed by three to four other wholesale out…
Consumers to dictate what they want
Retailers operate today in a B2C – business-to-consumer – world in which they try to predict what consumers want, but in the future successful retailers will adopt a "C2B" or &qu…
HTC strikes back against Apple
HTC Corp., the maker of several phones that run on Google Inc.’s Android platform, has filed a complaint against Apple Inc. alleging patent infringement, a move that follows an intellectual-prop…
Tata dumps eco-car, offers Nano in Thailand
Tata Motors plans to introduce the Nano, the world’s cheapest and smallest car, in lieu of an eco-car after it scrapped its THB7 billion project in Thailand.
The excise tax structure, coupled wi…
Huawei to expand India R&D ops despite gov. security concerns
The Indian government’s security concerns over the supply of telecom equipment by Chinese manufacturer Huawei Technologies would not affect the firm’s plans to grow its research and develo…
China imposes tariff on US chickens, 2nd time in three months
In a growing trade dispute with the US, China on 28 April imposed more duties on US chicken imports, the second time in three months.
The new duties raise total taxes on China-bound chickens to 31.4 p…
Frooti uses reality TV concept in India ad campaign
The latest advertising campaign for Parle Agro’s mango drink Frooti is an unusual concept that has no script or cast. Called the Juicy Mango Surprise project, the ad features real people and fil…
Indian PC software piracy dropped to 65pc in 2009
More people are opting for licensed software in India, bringing down piracy levels to 65 percent in 2009 from 68 percent the previous year, according to a report jointly released yesterday by the Busi…