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Channelplay to enhance semi-permanent flanges for HMD in 6,000 stores

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Mumbai : Channelplay Ltd, a visual merchandising and retail execution, has been awarded the mandate by HMD Global to enhance the brand’s in-store visibility through the installation of lit hanging flanges. This initiative will span 6000 stores across India, positioning HMD as a leading presence within the multi-brand outlet (MBO) landscape and providing a long-term branding solution in-store.

The project will commence with a pilot phase in 500 stores, where Channelplay will manufacture and install premium, lit hanging flanges designed to achieve sustained brand visibility. This initial deployment, set for completion within a targeted 45-day period, marks a forward-thinking approach by HMD Global to leverage semi-permanent branding solutions that will stay relevant in-store for extended periods.

“We are thrilled to partner with HMD Global on this impactful initiative. The deployment of lit hanging flanges serves as a semi-permanent in-store branding tool, providing lasting visibility and brand presence for HMD in stores across India,” said Channelplay Ltd vice president of visual merchandising business Yasir Hussain “Flanges are increasingly becoming a preferred choice for brands, particularly in MBO channels, as they offer an effective, long-term visibility solution that integrates seamlessly with the retail environment. HMD’s decision to adopt this approach highlights their agility and commitment to staying ahead of industry trends by investing in innovative in-store branding strategies that engage customers and enhance brand recall.”

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This pilot project will not only set the groundwork for an expansive rollout to the remaining 5500 stores but also demonstrate the effectiveness of flanges as a durable branding medium that offers continued impact over time. By choosing this route, HMD Global showcases their quick-thinking and dedication to staying ahead of industry shifts, making a strong, lasting impression on customers within the competitive retail market.

This collaboration solidifies Channelplay’s role as a trusted partner for retail and visual merchandising solutions, catering to some of the most recognized brands in the market.

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Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal

Tax authorities flag alleged misclassification of restaurant services

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MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.

The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.

The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.

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In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.

The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.

Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.

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The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.

The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.

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