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The Confederation of All India Traders (CAIT) has urged the Centre to ensure it does not provide any relaxations to the e-commerce firms in the new e-commerce rules. The Centre is expected to announce the new-commerce rules soon under the Consumer Protection Act. TO READ MORE: https://www.dfupublications.com/news/retail/no-relaxations-to-e-commerce-firms-in-rules-urges-the-confederation-of-all-india-traders-cait

Year 2022 is not likely to be easy for apparel retailers, believe analysts. Rising Omicron cases are an immediate threat to the pace of recovery, says Akhil Parekh, Analyst, Centrum Broking, Three concerns will plague retailers in 2022, the first being sharp inflationary pressures. TO READ MORE: https://www.dfupublications.com/news/apparel/apparel-retailers-to-have-a-tough-year-ahead-analysts-icici-securities?fbclid=IwAR3WedfrrgtIEUCrjOWNsSn4loQiOogBPB6cGf1imIJc0_gCEwN1WQMjw8Y

Large retailers and restaurant chains have started discussions with malls and landlords for rental concessions, as weekend curfews and late evening curbs severely dent businesses, executives said. “We have written to landlords and mall owners to renegotiate rentals. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/mall-retailers-put-rent-concessions-back-on-table/88768066

Shoppers are staying away from malls and high streets amid concerns over the new wave of the pandemic, hurting sales during what usually are busy shopping days at the start of the year. Footfalls, or the number of visitors, at top malls in Mumbai, Delhi and Bengaluru. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/shoppers-give-malls-a-miss-as-third-wave-hits/88746398

There is never a dull day in the Indian e-commerce sector. For ecommerce, the main theme was centred around the sector’s recovery after the devastating second wave of the Covid-19 pandemic. Unlike 2020’s sharp recovery in sales post the first wave. TO READ MORE: https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/2021-year-in-review-what-was-in-ecommerce-sectors-cart-this-year/88592249

The luxury market in India is on a roll with revenge spending by the rich driving sales recovery to pre-pandemic levels. Curbs on international travel are driving up spending by affluent consumers on luxury brands leading to a spike in sales. TO READ MORE: http://www.fashionatingworld.com/new1-2/revenge-spending-to-drive-india-s-luxe-sales-till-international-travel-opens

The Indian fashion and lifestyle consumption landscape is not triangular in shape, it’s more like a flat disc with a blip on the top. Luxury consumption is still a shimmer in thin air. Having said that, as wealth creation trickles from top to bottom. TO READ MORE: https://www.livemint.com/politics/news/the-indian-shopper-takes-a-step-up-11640794695485.html