Local Brands Command 79% Of FMCG Spend In Asia, Shows Report
Sharing the example of Parle, the report says that national pride has evolved into an operationalised purpose which now guides portfolios and channels
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Local FMCG Cold Drink Brands Picking Up pace With National Brands In Maharashtra: Survey
- by BW Retail World Bureau
- March 8, 2024
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 […]
Electronics
News
India’s Smartwatch Market Explodes 50% In 2023
- by BW Retail World Bureau
- February 9, 2024
Smartwatch shipments in India increased 50 per cent year-over-year (YoY) in 2023 driven by the rising penetration of smartwatches, proliferation of affordable devices, Indian brands’ enhanced efforts to grow sales, and local manufacturing, according to a Counterpoint Research report released on Wednesday. “While the market continues to register high growth rates, we are seeing some […]
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International
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Apple’s iPhone Shipments In China Falls 2.1% In Q4, Huawei Gains Market Share
- by BW Retail World Bureau
- January 26, 2024
Apple’s smartphone shipments in China fell 2.1 per cent in the fourth quarter of 2023 compared to the same time a year ago, hampered by increased rivalry from local rivals headed by Huawei, according to IDC statistics released on Thursday. The reduction highlights the hurdles that the US business has in its third-largest market, as […]
News
DealShare To Invest Rs 1,000 Cr In Local And Regional SME Brands
- by BW Retail World Bureau
- June 29, 2023
DealShare, a social ecommerce player, has announced a substantial investment of Rs 1000 crore in local and regional SME brands and its own Private Labels over the next 5 years. The company is looking to invest in 6 states namely Rajasthan, Haryana, Uttar Pradesh, Himachal Pradesh, Gujarat and Maharashtra. DealShare’s core ecommerce portfolio sources goods […]