Italian Fashion Retailer OVS Opens First Store In Mumbai
The company says that India represents one of the most compelling growth opportunities in its international portfolio and Mumbai is central to that strategy
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Hamleys Opens Second Flagship Store In Rome, Italy
- by BW Retail World Bureau
- March 15, 2024
Reliance-owned Hamleys – the historic British toy brand – has further expanded in Italy with its second flagship store opening in Galleria Alberto Sordi, one of the most iconic locations in the heart of Rome. This strategic expansion, in partnership with GIOCHI PREZIOSI S.P.A., Italy’s leading player in toy production and distribution, closely follows the […]
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Italy Fines BAT, Amazon €7 Mn For Misleading Heated Tobacco Ads
- by BW Retail World Bureau
- February 16, 2024
Italy’s AGCM competition watchdog has fined British American Tobacco (BAT) and Amazon a total of 7 million euros ($7.5 million) for misleading advertising concerning heated tobacco products. BAT faces a 6 million euro fine, while Amazon’s penalty is 1 million euros. The fines were imposed due to insufficient information provided to consumers about the nicotine […]
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Carrefour Slashes PepsiCo From Shelves Over Price Hikes
- by BW Retail World Bureau
- January 6, 2024
Carrefour, a global supermarket chain with a significant presence in more than 30 countries, has decided to stop selling several PepsiCo products in France, Italy, Spain and Belgium. According to a report by Mauro Orru and Jennifer Maloney, published in The Wall Street Journal, the move comes as a protest against what Carrefour deems as […]
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India’s Smartphone Exports Soar 99.52% In April-July FY24, US Emerges As Top Destination
- by BW Retail World Bureau
- October 9, 2023
In the initial four months of the financial year, 2023-24 (April-July), India reported smartphone exports worth USD 4.67 billion, highlighting the United States emerging as the principal destination for India-manufactured devices, with exports skyrocketing to USD 1.67 billion during this period. According to the commerce ministry data, It is an increase from the USD 284.6 […]
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Hamleys Partners With Giochi Preziosi For Exclusive Franchise In Italy
- by BW Retail World Bureau
- September 15, 2023
Hamleys, a toy retailer inaugurated its very first exclusive retail store in Italy with franchisee Giochi Preziosi S.P.A (GP), a player in Italy’s toy manufacturing and distribution industry. Under the terms of the franchise agreement, GP has secured the exclusive rights to operate Hamleys stores throughout Italy. This store opening will soon be followed by […]
News
Italian PM Hints At Leaving China’s BRI, Says It Won’t Affect Ties
- by BW Retail World Bureau
- September 11, 2023
Leaving the Belt and Road Initiative (BRI) also known as Silk Road does not compromise relations with China, but the decision still has to be taken, Italian Prime Minister Georgia Meloni said on Sunday, the Italian media, Corriere della Sera daily reported. On the sidelines of the G20 Summit, the Italian PM met Chinese Premier […]