From Looms To Laces: Inside GST’s Fashionable Reset
With rates rationalised and inverted duty structures corrected, apparel and footwear players eye stronger demand and sharper pricing
With rates rationalised and inverted duty structures corrected, apparel and footwear players eye stronger demand and sharper pricing
Reports note that prices across Bata outlets now cost 7 per cent less, as the company is absorbing the differential to pass on savings to consumers
This strategic move will allow Ludic to expand its presence in popular hotspots and establish an offline presence in key markets
The report states that outsourcing is primarily geared toward cost efficiency in international markets rather than benefiting domestic consumers through reduced prices
The data suggests that the inventory levels across various categories have notably increased from June to August 2024
Trust issues persist in the Indian retail industry despite increased consumer spending PwC’s inaugural ‘Voice of the Consumer Survey 2024’ draws on over 15 years of consumer research, capturing insights from over 20,000 consumers across 31 countries, including 1,000 consumers in India. The survey reveals that 75 per cent of Indian consumers anticipate increased spending […]
Sneakers are becoming increasingly popular in India, with a revenue forecast of USD 2.80 billion for the fiscal year of 2024. This is according to a recent report by Statista, which highlights the growing trend of sneakers being seen as more than just footwear. This revelation underscores the expanding allure of sneakers, which have transcended […]
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 […]
Aditya Birla Fashion and Retail (ABFRL) has partnered with French fashion designer Christian Louboutin, according to the company’s press release on Wednesday. Under the joint venture, Christian Louboutin India’s business will now be a new subsidiary of ABFRL where the partners will hold equal stakes. “This partnership reflects our commitment to offering our discerning customers […]
Consumers across India are bullish, excited and more eager than ever to shop online during this festive season, as per a study conducted by Nielsen Media India, on behalf of Amazon India. 81 per cent indicated strong sentiment and intent; 78 per cent trust online shopping and 1 in 2 intend to increase online spending, […]