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Spanish Retailer, Zara Decides to Form a Joint Venture with the TATAs, rather than franchise
Inditex, the Spanish retailer behind Zara, expects to open its first stores in New Delhi, Mumbai and other Indian cities next year. Inditex, the Spanish retailer behind Zara, is to set up shop in India in partnership with Tata, the conglomerate, as it presses on with an aggressive expansion plan despite the global downturn. Europe's largest clothing chain is betting that its "fast fashion" model can be transposed to the subcontinent. The group, which already has outlets in 73 countries, from Russia to Guatemala, prides itself on being able to design, manufacture and deliver new lines in just two weeks, compared to an industry average of nine months.

Other tata Related Articles

Spanish Retailer, Zara Decides to Form a Joint Venture with the TATAs, rather than franchise
Inditex, the Spanish retailer behind Zara, expects to open its first stores in New Delhi, Mumbai and other Indian cities next year. Inditex, the Spanish retailer behind Zara, is to set up shop in India in partnership with Tata, the conglomerate, as it presses on with an aggressive expansion plan despite the global downturn. Europe's largest clothing chain is betting that its "fast fashion" model can be transposed to the subcontinent. The group, which already has outlets in 73 countries, from Russia to Guatemala, prides itself on being able to design, manufacture and deliver new lines in just two weeks, compared to an industry average of nine months.
Follow Rule of Connectivity Not Competition
Entire universe follow the rule of connectivity. Now, business leaders start following the rule of connectivity in the business houses. Recently, Yahoo and Microsoft have followed the rule. Tata and Kores have also followed this rule. Internal competition breaks down the team spirit. Internal competition affects on the morale of the team. Home Management is the base on the rule of connectivity not on the rule of competition.

Trent's Reid to head parent firm Tesco’s China biz
MUMBAI: Gordon Reid - the chief operating officer, who oversaw the expansion of Trent’s Star Bazaar retail outlets - is returning to his parent firm Tesco to head its Chinese operations. According to an official Trent release, Mr Reid’s India stint was part of a franchise arrangement with partner Tesco, and he is now moving back. The company said his replacement at Trent will be announced soon. Trent officials that ET spoke to felt that managing director Noel Tata may opt for international expertise until Star Bazaar strengthens its operational set-up in the country. Mr Reid took over at Trent in 2008 after Tesco inked a deal with the retail arm of the salt-to-software Tata Group.

India's Tata Coffee shares jump on Starbucks deal
MUMBAI - Shares in India's Tata Coffee soared on Friday after the group announced a tie-up with Starbucks that will see the US drinks giant open its first cafes in the growing Indian market.
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