The Indian consumer and retail sector is all set to bounce back strong with e-commerce gaining a stronghold in the post-Covid-19 world. Grant Thornton Bharat ’s survey on consumer buying trends has revealed that 75 per cent of respondents TO READ MORE: https://bangaloremirror.indiatimes.com/news/india/7-in-10-indians-ready-to-splurge-this-festive-season-survey/articleshow/87322810.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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Retail chain Shoppers Stop narrowed its consolidated net loss to Rs 3.68 crore for the September quarter, helped by a comeback in sales. The company had posted a net loss of Rs 97.70 crore in the July-September period a year ago. TO READ MORE: http://www.dfupublications.com/news/retail/shoppers-stop-narrows-q2-consolidated-net-loss-to-rs-3-68-crore
By: adminComments Off on RELIANCE RETAIL ACQUIRES A CONTROLLING STAKE IN DESIGNER RITU KUMAR’S COMPANY
Reliance Retail has acquired a controlling stake in fashion house Ritu Kumar for an undisclosed amount. Reliance Retail Ventures Ltd has acquired about 52% stake in Ritika Pvt. Ltd, the holding company of Ritu Kumar, according to a person. TO READ MORE: https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/reliance-retail-acquires-a-controlling-stake-in-designer-ritu-kumars-company/87137790
Affle’s MAAS, a unified mobile advertising platform, and Sensor Tower (a US-based mobile app store marketing intelligence company) have jointly studied the key factors that accelerated e-commerce adoption in India and Southeast Asia. TO READ MORE: https://www.business-standard.com/article/technology/india-s-e-commerce-industry-set-to-grow-84-by-2024-says-report-121101700955_1.html
