Branded jewellery major Tanishq is planning a major retail expansion both within and outside the country. It aims at increasing its sales by 50 per cent and achieving a turnover of Rs 3,000 crore by the end of the next fiscal

Global luxury goods major Gucci Group plans to expand internet sales to include brands like Sergio Rossi, announced Gucci head Robert Polet.

Airport retail giant, Nuance Group has announced total sales revenues of $1.5 billion for 2007. The company’s gross profit stood at $826 million.

Global lifestyle giant VF Corporation has announced a record growth of 22 per cent, touching the $1,955.2 million mark in its fourth quarter revenues. For the full year 2007, revenues increased by 16 per cent to $7,219.4 million from $6,215.8 million in 2006.

John Menzer, vice chairman of retail giant Walmart Stores bids farewell to the company on March 1. Menzer was associated with Walmart for 12 years during which he led numerous acquisitions including ASDA in the UK and other businesses in Mexico, Brazil and Japan.

Retail sales at China are at peak since 1999. For the first 11 months, retail sales grew by 16.4 per cent to 8.02 trillion yuan. The Chinese Statistics Bureau revealed that the sales in urban areas jumped 19.2 per cent in November from a year earlier, while rural spending climbed 18 per cent.

Amul Innerwear is on a national brief. Revealing an aggressive expansion plan, the parent company Kolkata-based JG Hosiery is planning to invest Rs 80 crore in the coming fiscal as it aims at a turnover target of Rs 210 crore in the same period. In the subsequent financial year, the company aims at a turnover of Rs 325 crore.

Innerwear brand Jockey is planning an image makeover as it aims to become a lifestyle brand. Page Industries, the licensee of Jockey International Inc in India, plans an expansion in its non-innerwear portfolio, women’s innerwear and the super-premium range, apart from setting up new-look retail stores designed along international lines

Targeting urban consumers in the age group of 30-35 years, Zodiac Clothing is planning to launch a new brand in the domestic market

E-retailing is now taking the speciality route. California-based NRI Hina Saiya has launched an online store – Shopimagine – exclusively targeted at women. The portal offers clubwear, partywear and innerwears like camisoles, bridals, bra and panties.

Fortis Healthworld, a 24-hour healthcare retailer, is set to roll out the first phase of its countrywide expansion plan. The company, promoted by the Ranbaxy Group, plans to set up over 200 health stores in West and South India over the next year. Its long-term plan includes starting over 1,000 stores across 400 cities with an investment of Rs 800 crore, by 2012.

Welspun Retail, the retailing arm of the Goenka-promoted Welspun Group, is planning to introduce international home decor brands in the Indian market.