India’s value retail industry, excluding food and groceries, is expected to expand to USD 170 billion by 2026, up from USD 111 billion in FY 23, according to Wazir Advisors. This industry is forecast to increase at a compound annual growth rate (CAGR) of 15 per cent between 2023 and 2026, outpacing the entire retail […]
The retail industry anticipates a transformative year ahead with a focus on innovation, sustainable practices, and robust growth, driven by changing customer experiences, AI integration and more With a rollercoaster ride of large highs in 2023, the retail sector is set to begin a period of exciting growth driven by innovation and changing customer experience. […]
A look into the headlines that caught the reader’s interest most in the year gone. India’s Ecommerce Logistics Market All Set To Witness Exponential Growth India’s logistics sector has emerged as a market differentiator, with an increasing emphasis on efficiency and visibility within the supply chain. Recently, India made significant progress on the World Bank’s […]
In 2023, the fashion industry witnessed a transformative shift towards sustainable practices, reflecting a changing consumer ethos. The demand for eco-friendly clothing saw a remarkable 25 per cent increase, indicating a growing consciousness among consumers. Sustainable fashion became more than a trend; it became a cornerstone of consumer preferences. Another significant trend in 2023 was […]
Flipkart, the ecommerce marketplace, has unveiled FlipTrends 2023 — a view into India’s online shopping landscape. The FlipTrends Report offers insights into the evolving preferences and behaviour of Indian online shoppers, based on Flipkart’s understanding of over 500 million registered users. Riding the wave of the festive season, consumer sentiment remains positive across the country, […]
A report on Tuesday unveiled the immense potential of India’s ConsumerTech industry which is expected to surge in the total addressable market, reaching approximately USD 300 billion by 2027, with a compound annual growth rate (CAGR) of around 25 per cent. The driving forces behind this explosive growth are attributed to digital public infrastructure and […]
The Indo-Italian Chamber of Commerce and Industry (IICCI) recently organised Festa Italiana, which had its grand opening at DLF Emporio Mall for the first time in New Delhi on the first week of December 2023. Festa Italiana has demonstrated the IICCI’s steadfast commitment to advancing Italy’s unique lifestyle brands in India since 2002 showcasing the […]
Fashion e-tailer AJIO on Wednesday announced its flagship event ‘Big Bold Sale’, which is powered by Adidas and co-powered by Superdry. The Big Bold Sale will commence on Thursday. Customers got early access to the sale starting from December 4. In the biggest-ever edition of the Big Bold Sale (BBS), customers can shop across 5500+ […]
Apparel Group, a global conglomerate focusing on fashion and lifestyle, has exclusively partnered with Shoppers Stop to extend the presence of Bath & Body Works in the Indian market. Shoppers Stop will host the first shop-in-shop for Bath & Body Works at the City Centre Mall in Salt Lake, Kolkata. Through its network of nearly […]
British luxury fashion house Burberry reported an 18 percent decline in net profit to USD 196 million for the first half ending September, citing weakened global demand for high-end clothing, particularly in China’s slowing economy. In an official statement, Burberry acknowledged the impact of the global luxury demand slowdown on current trading and expressed concerns […]
