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Nuance signs deal with Indian retailerNuance signs deal with Indian retailer
John Rimmer
15-Jun-2006
INDIA. The Nuance Group has signed a memorandum of understanding with Indian domestic retailer Shoppers' Stop with a view to creating a 50:50 joint venture to bid for duty-free contracts at Indian airports
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In a statement the retailer said the joint-venture company would offer "a comprehensive range of services", including the operation of master concessions, food and beverage contracts, domestic retail and wholesale
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(9-Jun-2006) - The retailer has set up a 50:50 joint venture with domestic retailer Shoppers' Stop with a view to submitting bids in the upcoming wave of Indian airport tenders
(4-Apr-2007) - The joint venture secures its second Indian airport contract, a seven-year deal to operate domestic and international retail at the new Hyderabad Internartional airport
(6-Nov-2006) - The retailer is seeking approval to spend up to $4m on a joint venture to operate duty-free stores at the country’s airports
(15-Jul-2006) - INDIA. Gebr Heinemann has joined forces with five-star hotel chain Oberoi Group in its bid to secure airport duty-free contracts in the Indian market
(30-Nov-2006) - The Nuance Group and Shoppers’ Stop have been awarded the contract to operate the duty-free and travel-retail concession at Bangalore International airport