Ajio & Myntra Suspend Sales Of Turkish Apparel Brands
Industry body Cait has urged all ecommerce, retail, and fast-moving consumer goods (FMCG) companies in India to act in the same spirit
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Retail
Survey Shows Shift In Consumer Confidence Across 29 Nations
- by BW Retail World Bureau
- January 24, 2024
Consumer confidence has increased by 2.2 percentage points, revealed a recent report by Refinitiv-Ipsos, the primary consumer sentiment index (PCSI). This surge is reflected across all four sub-indices, indicating a positive outlook on various economic aspects. The monthly PCSI result, determined by the sum of four weighted sub-indices, paints a promising picture for the economy. […]
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E-commerce & Marketplaces
International
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Alibaba To Invest $2 Bn In Turkey
- by BW Retail World Bureau
- September 18, 2023
Alibaba Group Holding, the Chinese ecommerce company has informed Turkish President Tayyip Erdogan of its intentions to invest USD 2 billion in Turkey. This announcement was made during a meeting between Erdogan and Michael Evans, President of Alibaba, according to the company’s Turkey Unit’s statement, however, the statement did not specify a timeline for the […]