president and chief executive officer
India's Reliance Retail sees 20pc same-store sales growth in FY12
Reliance Retail is confident of growing same-store sales by 20 percent in the current fiscal, as it continues to see steady consumer spending, Bijou Kurien, president and CEO for its lifestyle segment, said on Wednesday.
Reliance Retail, a unit of India's largest listed firm Reliance Industries, currently operates around 1,000 stores across value and lifestyle segments, and earlier this month opened its first cash-and-carry store.
Gucci relaunches website
Gucci relaunched its website yesterday, touting the revamped site as its "digital flagship". The luxury brand has organised a series of promotional activities around the launch.
Gucci president and chief executive officer Patrizio di Marco said, "The destiny of the gucci.com digital flagship store is that it will become our highest-volume store in the world."
Fiat India aims to double its sales this year
Fiat India is planning to double its sales this year to 50,000 units against the 24,000 units it sold last year, president and CEO Rajeev Kapoor said on 15 March at the launch of two models of its hatchback, the Punto.
The two new 1.2-L petrol-fired Punto models are the Punto Fire Dynamic and Punto Emotion, priced at INR4.57 lakh (INR457,000, USD10,039) and INR4.87 lakh (INR487,000, USD10,697) (ex-showroom Delhi, or price excluding road tax and registration out of Delhi), respectively, taking the battle for the B-plus hatchback segment to a new height.
