Lifestyle brand Shoppers Stop to start unit in KTR’s constituency

HYDERABAD: The State government on Friday signed an MoU with lifestyle brand, Shoppers Stop for setting up their manufacturing unit in Sircilla Apparel Park. Minister of IT and Industries KT Rama Rao, who was in Mumbai for signing the MoU, said, “Delighted that the apparel manufacturing unit of Shoppers Stop will be coming up in Sircilla. Employment opportunities to hundreds of women will be created. It is a huge step forward for Sircilla Apparel Park.”  According to the MoU, which was signed by IT & Industries Principal Secretary Jayesh Ranjan…

Read More

Future Lifestyle Fashions has raced past Shoppers Stop in retail sales Read more at: http://economictimes.indiatimes.com/articleshow/54284351.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

MUMBAI: Four years ago, Kishore Biyani was shunted out by both K Raheja Corp and Landmark Group when he approached them to merge his department store chain Central with Shoppers StopBSE -0.13 % and Lifestyle. The most embarrassing part, however, was when bankers refused to reveal the valuation that both retailers had quoted for Central. All they told Biyani was it was too low and insulting. The same year, he managed to find a suitor in Aditya Birla Group, but for his flagship chain Pantaloon. Biyani is now back with…

Read More