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RETAIL SALES TOUCH 72 PC OF PRE-PANDEMIC LEVELS; BUSINESSES EYE FESTIVE SEASON BOOST: RAI

Retail sales across the country continued to recover in July, reaching 72 percent of the pre-pandemic levels of July 2019, and businesses are pinning hopes on the festive seasons for a further boost, the Retailers Association of India (RAI) said on Tuesday. According to the retailer’s body, the rate of recovery was 50 percent of...

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GOVT TAKING STEPS TO CURB IMPACT OF E-TAIL MAJORS ON SMALL TRADERS: PIYUSH GOYAL

Union Commerce Minister Piyush Goyal on Tuesday told Parliament that there are concerns regarding the impact of big e-commerce players on small offline traders, and that the government is taking measures to deal with this and also protect. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/govt-taking-steps-to-curb-impact-of-e-tail-majors-on-small-traders-piyush-goyal/85230438

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HOW THE MOM STORE IS REVOLUTIONIZING MATERNITY WEAR IN INDIA

According to market research, the global maternity-wear industry is expected to cross US $ 7 billion by 2023, the Indian market too, has seen a rapid expansion of this segment India in the last few years and is one of the fastest growing apparel TO READ MORE: https://www.zeebiz.com/companies/news-how-the-mom-store-is-revolutionizing-maternity-wear-in-india-162586

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MUMBAI: ‘MALLS AND RETAIL ESTABLISHMENTS LOST BUSINESS WORTH RS 15,000 CRORE, AROUND 1.5 LAKH DIRECT JOBS AT STAKE’

Malls and retail establishments inside them have expressed serious disappointment over not allowing them to operate despite the best Covid-19 protocol in place. There was a reason to smile for those associated with most retail establishments . READ MORE: https://timesofindia.indiatimes.com/city/mumbai/mumbai-malls-and-retail-establishments-lost-business-worth-rs-15000-crore-around-1-5-lakh-direct-jobs-at-stake/articleshow/85108363.cms

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FASHION INDUSTRY IS ADAPTING TO POST-PANDEMIC LANDSCAPE

The current state of fashion is comfort, which means comfortable, casual-aesthetic clothing is becoming the consumers lifestyle now. Moreover, the modern consumer has also become more health conscious, and wants to look after their wellness, and athleisure is making it easier for them, notes a major global lifestyle brand. TO READ MORE: https://www.daijiworld.com/news/newsDisplay?newsID=861659

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MALLS ACROSS INDIA REPORT SHARP REBOUND, SALES AT 70-80% OF PRE-COVID LEVELS

Prominent malls from Chandigarh to Delhi NCR to Bengaluru have reported a sharper rebound in June-July this year compared to the same months last year with sales reaching 70-80% of pre-pandemic levels. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/malls-across-india-report-sharp-rebound-sales-at-70-80-of-pre-covid-levels/85268406

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