Online Retail Festive Sales Cross Rs 60,000 Cr In First Week: Report
A report shows that the first two days (22–23 September) generated about 33 per cent of the entire first-week gross merchandise value
A report shows that the first two days (22–23 September) generated about 33 per cent of the entire first-week gross merchandise value
Datum Intelligence report says that quick commerce is likely to account for 12 per cent of online retail sales in 2025, up from 8 per cent in 2024
Elista, a producer of electronics, home appliances, IT and mobile accessories, has entered the refrigerator market with a range of single-door refrigerators, the company announced in a media release on Tuesday. The refrigerator business in India is rapidly expanding, with a compound annual growth rate (CAGR) of 10.2 per cent expected between 2023 and 2031. […]
India’s wearable market witnessed unprecedented growth in 2023, with 34 per cent surge in sales, reaching a historic high of 134.2 million units. The growth was fueled by good performances in both the smartwatch and earwear segments. Smartwatch shipments saw 73.7 per cent year-over-year (YoY) increase, totaling 53.4 million units in 2023. Market dynamics shifted […]
Apple topped the India tablet PC market in both 2023 and the December quarter, with a 25 per cent share despite a fall in sales. Samsung was in second place with a 23 per cent market share in 2023, according to a research. “In CY (in calendar year) 2023, Apple led the tablet market with […]
Amidst global turmoil, frozen dessert players aim for sweet growth and innovation in 2024 In the middle of economic uncertainties due to geopolitical crisis across the globe, players from the frozen dessert companies are gearing up to face 2024 with the hope of growing their businesses to contribute more to India’s growth story. Even though […]
About 94 per cent of Indian small businesses are also willing to invest more in online sales and marketing this year, according to a report by GoDaddy India. GoDaddy Data Observatory 2023 showed that Indian respondents are already using digital tools including intranet or internal social networks (74 per cent), shared drives for collaboration (72 […]
The online sales of luggage and bags has surged more than 100 per cent during the first half of 2023, as compared to sales volumes in the equivalent period last year. While the volumes grew more than 100 per cent, GMV grew over 150 per cent during the same period, according to Unicommerce, an ecommerce […]
Casio, the Japanese consumer electronic brand will start manufacturing watches by this financial year (FY24) in India, said Hideki Imai, Managing Director, Casio India, while adding that the company is serious about the Indian market. “We intend to start local manufacturing of watches in India this financial year, not G Shock but entry-level watches to […]
In an exclusive interview with BW Retail World, Harkirat Singh, the Managing Director, Aero Club (The maker of Woodland & Woods), shared insights about the company’s financial plans and how the company changed its marketing strategies post the pandemic. “Last year was basically the time when we came out of the pandemic and we started […]