P&G inks deal with Future Group | Retail News India
Home » News » Retailers News » Pg Inks Deal With Future Group

P&G inks deal with Future Group

Share: 
      Newsletter

READ MORE ON Future GroupP&GRetail News IndiaRetail Information

Deal

Image Courtesy: pharmatechnologist.com

A deal akin to the one Procter & Gamble (P&G) has with Walmart, has been shaped between P&G, the world’s biggest consumer goods company, and India-based Future Group, led by Kishore Biyani. The deal has been forged between them for joint sales forecasting and planning, exclusive product releases. P&G’s global CEO David Taylor is currently in India for the MoU.

“It will help us to grow sales, and for P&G it will lead to an increased market share. There will be collaboration in a lot of things including supply chain, planning strategies and managing shelf space,” said Kishore Biyani, Founder, Future Group.

Future Group, as one of India’s retail pioneers with multiple retail formats, connects a diverse and passionate community of Indian buyers, sellers and businesses. The Group has its presence in 221 cities through an 800-strong store network of supermarket brands such as Big Bazaar, EasyDay and Nilgiris.

Also ReadFuture Group plans to open 35 new FBB stores this fiscal

Future Group, a prominent player in the retail and fashion sector, is also planning to open as many as 35 standalone FBB apparel stores in the fiscal year starting this April.

 

Have some news? Let us know on news@apparelresources.com

Comments are closed.

Recommended by Apparel Resources

KIODA to enter Indian market

Malaysian retail chain KIODA, which pledges to provide the fans with quality products at affordable price, has joined hands with Franchise India to...

Pepe Jeans to enhance presence in India

Pepe Jeans is planning to increase its store count in India. "Our target is to open 50 stores in the Indian market, which...

Gerry Weber’s Retail Head departs

Norbert Steinke, Chief Retail Officer of Gerry Weber and Hallhuber, has resigned from his post with immediate effect. The 56-year-old opted to resign...

El Corte Inglés’ Marketing Chief to quit

Juan José Sáez-Torres, who has been serving Spanish-origin department store chain El Corte Inglés as Marketing Director, has announced to step down in...

JD.com invests £ 315.5 million in Farfetch

A strategic deal has been inked between Farfetch, a global fashion e-commerce platform and JD.com, one of China's biggest e-commerce companies, to help...

Nordstrom Rack to open in Wisconsin (US)

Nordstrom, US-based leading fashion specialty retailer, has announced to open a Nordstrom Rack store at Bayshore Town Center in Glendale, Wisconsin, USA. The...

Sears Canada files for bankruptcy

Sears Canada Inc. has announced that Sears Canada and certain of its subsidiaries have applied in Ontario Superior Court of Justice (Commercial List)...

Old Navy opens maiden store in Vietnam

Fashion brand Old Navy has opened its first store in Vietnam. The store, which is located on the lower B1 floor of Vincom...

The Children’s Place to open stores across Southeast Asia

The Children’s Place, the largest pure-play children’s speciality apparel retailer in North America, is all set to unveil new stores across Southeast Asia....

Burberry’s Chairman to depart

Sir John Peace, who has been the Chairman of UK-based global luxury brand Burberry since 2002, is likely to depart from the company...