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Lifestyle International to revamp its retail business in India

22.06.11
NEW DELHI: Dubai-based Landmark group led Lifestyle International is relocating some of its Lifestyle retail stores to avail benefits of larger shopping and parking space besides better infrastructure in the wake of rising demand. The new Lifestyle stores in India will now be 20-30% bigger in size and space than the existing stores to serve the growing demand for apparels, footwear and accessories, the company's managing director Kabir Lumba said. Typically, a Lifestyle store is spread across an area of 20,000-60,000 sq feet. The Lifestyle store in City Square Mall was set up four years ago and occupied an area of close to 50,000 sq feet. In Delhi, the company recently relocated its outlet within City Square Mall at Rajouri Garden to Tagore Garden-based Pacific Mall, which is three times the size of the former.

Next Retail M&A: Look to Lifestyle Brands

14.06.11
Some qualities that make a retailer attractive to prospective bidders include the potential for the company to regain its dominance under new management, its viability in international markets, any hidden gems that could become catalysts for the... There have been many retail casualties in recent weeks as the risk of inflation and softer consumer spending have emerged, creating attractive entry points for bidders. But there's also a lot of noise out there, and not all retailers with stocks in the doldrums have a deal waiting on the sidelines.

Filed under: Swatch Tags: Tags: Lifestyle by admin Date 28 June, 2011