Godrej & Boyce, the flagship company of the Godrej Group, has stated that its business Godrej Interio, is planning to expand its mattress category to Rs 250 crore in the next three years, as stated in a media release on Friday. The furniture solutions brand will be focusing on enhancing its portfolio of mattresses across […]
Cities across India are witnessing the early summer season with scorching heat and higher-than-usual temperatures. The change in season has got both, FMCG players as well as Indian kiranas to rush and stock summer-centric products. A recent survey reveals that Maharashtra is the only state where retailers are witnessing equal sales for national and local […]
Online shopping is no longer confined to metropolitan areas in India, as digital literacy and widespread internet connectivity have expanded the trend to smaller cities and towns. A recent PwC report highlights the diverse nature of India’s online shoppers, emphasising the need for businesses to tailor strategies based on the geographical location of consumers. The […]
Malabar Gold & Diamonds, four other jewellery companies and fashion accessory manufacturer Titan have reached the global list of top-100 luxury brands. Malabar Gold topped the domestic contingent, ranking 19th as the top Indian international jewellery brand, followed by Tata Group company Titan Company in 24th place. Kalyan Jewellers and Joy Alukkas are ranked 46th and […]
As the retail landscape in India evolves, industry leaders and visionaries share their perspectives on the anticipated trends, challenges, and growth prospects for the year 2024 In the dynamic realm of India’s retail sector, a landscape marked by constant evolution, industry leaders and forward-thinking visionaries are poised to navigate the intricate tapestry of trends, challenges, […]
The consumer electronics sector gears up for sustained growth in 2024, riding on the success of 2023 The year 2023 will be remembered for the strong growth and positive sentiments towards the consumer electronics industry, as various brands in the sector reported record-high sales throughout the year, especially during the festive season. Whether during the […]
The global smart personal audio market experienced a 3 per cent year-on-year (YoY) decline, amounting to 110 million units. Developed regions grappled with challenges, while emerging regions showcased resilient growth, revealing a shifting landscape in the industry. True Wireless Stereo (TWS) devices took a commanding lead, constituting an impressive 73 per cent of total shipments. […]
The Confederation of All India Traders (CAIT) in association with META, owners of Facebook, Instagram and WhatsApp, is conducting a national drive to train the business community of the country to make optimum usage of social media for business purposes thereby promoting social commerce in India. The current yearly turnover of social commerce is 8 […]
Only 7 per cent of Indian households currently utilise ecommerce or grocery apps for purchasing fruits and vegetables online, as revealed in a survey by LocalCircles. The survey, which garnered over 24,000 responses from household consumers across 297 districts in India, indicated that 61 per cent of respondents were male, while 39 per cent were […]
From brick-and-mortar to digital stores, the retail industry has changed over the years and is still evolving. During the pandemic, with half of the retail stores shut, many people believed that even after the end of Covid-19 the retail stores would not have as much value as they held before because people started shopping online. […]
