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Carrefour to re-enter India with Apparel Group and expand via partnerships

Carrefour logoCarrefour
Sig2.65Sen+3.50Env0.00Soc+0.70Gov0.00

Carrefour, which exited India in 2014, says it will return through a tie-up with Apparel Group, using sourcing opportunities and franchisees for international markets. The company has entered 50 new markets across Asia, Central Europe and Africa, while competition and mall space shifts are reshaping hypermarket strategy as customer preferences evolve.

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