Latest News, News Headlines, Amazon Coupons, Amazon Offers

Latest News, News Headlines, Amazon Coupons, Amazon Offers


Skechers buys out Future Group’s 49 pc stake in Indian JV

Posted: 13 Feb 2019 12:06 AM PST

New Delhi: Skechers USA has bought out Kishore Biyani-led Future Group's 49 per cent stake in its Indian joint venture (JV) for an undisclosed sum. With this, Skechers India has become a wholly-owned subsidiary of the American footwear major.

"Few markets match the potential for growth of India, which is why we entered the market initially, and why we recently decided to purchase the minority stake in our joint venture," Skechers Chief Operating Officer David Weinberg said in a statement.

Skechers South Asia CEO Rahul Vira said this development will enable the company to amplify its growth plans, accelerate expansion of its operations and build a stronger network to further gain market share in India.

While both the companies have not revealed the deal value, sources say Skechers paid close to Rs 600 crore to acquire balance stake in Skechers India. The network of Skechers retail locations in India at present includes 223 retail stores – 61 of which are Skechers owned and operated while the remaining are third party owned.

An additional 80 to 100 stores are planned for calender year 2019. Skechers entered India in 2012 through a joint venture with the Future Group.



Source: FPJ

Valentine’s Day 2019: Leave behind the kids and plan a romantic getaway

Posted: 13 Feb 2019 12:05 AM PST

Valentine's Day 2019: Leave behind the kids and plan a romantic getaway


Source: TIE

Vivo unveils new sub-brand called Iqoo, might release a gaming smartphone

Posted: 13 Feb 2019 12:05 AM PST

Vivo unveils new sub-brand called Iqoo, might release a gaming smartphone


Source: TIE

Teen shuttler Lakshya Sen eyes top 30 ranking by year end

Posted: 13 Feb 2019 12:05 AM PST

Teen shuttler Lakshya Sen eyes top 30 ranking by year end


Source: TIE

Kolkata Police chief grilled by CBI in chit fund scam cases for fifth day

Posted: 13 Feb 2019 12:05 AM PST

Kolkata Police chief grilled by CBI in chit fund scam cases for fifth day


Source: TIE

Indian shuttlers get tough draw at All England Championship

Posted: 13 Feb 2019 12:05 AM PST

Indian shuttlers get tough draw at All England Championship


Source: TIE

No leaking radiation from Alaska island nuclear site: Study

Posted: 13 Feb 2019 12:05 AM PST

No leaking radiation from Alaska island nuclear site: Study


Source: TIE

PCB rejects Sharjeel Khan’s appeal for relaxation in spot-fixing ban

Posted: 13 Feb 2019 12:05 AM PST

PCB rejects Sharjeel Khan's appeal for relaxation in spot-fixing ban


Source: TIE

TRAI gives subscribers till March 31 to choose channels: What is ‘Best Fit plan’ and other details

Posted: 13 Feb 2019 12:05 AM PST

TRAI gives subscribers till March 31 to choose channels: What is 'Best Fit plan' and other details


Source: TIE

South Africa vs Sri Lanka 1st Test Day 1 Live Cricket Score, SA vs SL Live: Sri Lanka win toss, opt to field

Posted: 13 Feb 2019 12:05 AM PST

South Africa vs Sri Lanka 1st Test Day 1 Live Cricket Score, SA vs SL Live: Sri Lanka win toss, opt to field


Source: TIE

Trump nominee’s family company fined for sexual harassment

Posted: 13 Feb 2019 12:05 AM PST

Trump nominee's family company fined for sexual harassment


Source: TIE

CAG’s Rafale report: Lies of ‘Mahajhootbandhan’ exposed, only ‘dynast’ can’t be right, says Arun Jaitley

Posted: 13 Feb 2019 12:05 AM PST

CAG's Rafale report: Lies of 'Mahajhootbandhan' exposed, only 'dynast' can't be right, says Arun Jaitley


Source: TIE

Pakistan can break India jinx in upcoming World Cup, says Moin Khan

Posted: 13 Feb 2019 12:05 AM PST

Pakistan can break India jinx in upcoming World Cup, says Moin Khan


Source: TIE

Valentine’s Day Special: Grown – Up Eton Mess

Posted: 13 Feb 2019 12:05 AM PST

Valentine's Day Special: Grown – Up Eton Mess


Source: TIE

‘Apna Time Aayega,’ say real-life Gully Boys from across cities

Posted: 13 Feb 2019 12:05 AM PST

'Apna Time Aayega,' say real-life Gully Boys from across cities


Source: TIE

Rafale deal 2.86% cheaper, saved 17.08% on enhancements: CAG report

Posted: 13 Feb 2019 12:05 AM PST

Rafale deal 2.86% cheaper, saved 17.08% on enhancements: CAG report


Source: TIE

Macaw to ‘dadi ki rajai’: How people reacted to Ranveer Singh’s latest outfits

Posted: 13 Feb 2019 12:05 AM PST

Macaw to 'dadi ki rajai': How people reacted to Ranveer Singh's latest outfits


Source: TIE

Donald Trump attorney general pick William Barr advances in US Senate

Posted: 13 Feb 2019 12:05 AM PST

Donald Trump attorney general pick William Barr advances in US Senate


Source: TIE

MS Dhoni’s experience will help Virat Kohli at the World Cup, says Kumar Sangakkara

Posted: 13 Feb 2019 12:05 AM PST

MS Dhoni's experience will help Virat Kohli at the World Cup, says Kumar Sangakkara


Source: TIE

LG G8 ThinQ fully revealed in leaked image, launch set at MWC 2019

Posted: 13 Feb 2019 12:05 AM PST

LG G8 ThinQ fully revealed in leaked image, launch set at MWC 2019


Source: TIE

Gujarat University LLB result declared: Websites to check marks

Posted: 13 Feb 2019 12:04 AM PST

Gujarat University LLB result declared: Websites to check marks


Source: TIE

WATCH: Lionel Messi, Mo Salah face off in trick shot challenge

Posted: 13 Feb 2019 12:04 AM PST

WATCH: Lionel Messi, Mo Salah face off in trick shot challenge


Source: TIE

For Mere Pyare Prime Minister, the best compliment was from Meghna Gulzar: Rakeysh Omprakash Mehra

Posted: 13 Feb 2019 12:04 AM PST

For Mere Pyare Prime Minister, the best compliment was from Meghna Gulzar: Rakeysh Omprakash Mehra


Source: TIE

Twitter CEO says his and other tech firms have not combated abuse enough

Posted: 13 Feb 2019 12:04 AM PST

Twitter CEO says his and other tech firms have not combated abuse enough


Source: TIE

Uber steers around its Asian innovation conundrum

Posted: 13 Feb 2019 12:04 AM PST

Uber steers around its Asian innovation conundrum


Source: TIE

Total Pageviews

statcounter

View My Stats