Latest News

For more than five years, Amazon, Walmart-owned Flipkart and many other foreign-funded e-commerce companies have indulged into all kinds of unethical business practices with an objective of taking control of not only the e-commerce . TO READ MORE: https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/cait-fully-geared-up-to-fight-amazon-flipkart/83503240

The pandemic-related restrictions and uncertainties have reduced discretionary consumption and also nudged people towards online shopping. In the past year or so, India alone has witnessed a 20% increase in new customers added to the online. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/reimagining-retail-in-the-times-of-the-pandemic/83566362

The pandemic induced by Covid-19 has changed too much too soon in the overall retail industry and has affected it in ways people had not really imagined and these changes are going to stay and will dictate how the industry will run in the coming few years too READ MORE: https://www.indianretailer.com/article/retail-business/retail-trends/from-survival-to-revival-how-are-fashion-brands-pivoting-to-counter-onslaught-of-second-covid-wave.a7101/

The disruptions caused by continuous lockdowns in India’s retailer sector have been a wakeup call for all brick and mortar stores to adapt themselves to the digital ecosystem. This is especially the case for fashion retailers, the worst affected  TO READ MORE: http://www.dealersforyou.com/categories/news/apparel/digital-the-way-forward-for-indian-retailers-as-customers-shun-stores

With work-from-home (WFH) having become the norm for corporate India for more than a year, the formalwear segment has taken a beating. During the first wave of the pandemic, revenue for lifestyle brands, mainly formalwear, declined by 81%. TO READ MORE: https://www.financialexpress.com/industry/formalwear-segment-branches-out-to-work-from-home-apparel-for-survival/2266916/lite/

While India battles the coronavirus with aggressive vaccination drives, another battle ensues within business communities. Unfortunately, there is no vaccination or a quick fix here. The continuous lockdowns, ban of public gatherings have created. TO READ MORE: https://www.outlookindia.com/website/story/opinion-saving-retail-in-india-from-the-impact-of-the-pandemic/384584

India’s retailers have been on a roller-coaster ride since last year, when the first wave of the COVID-19 pandemic struck the country. Without any sales in the first quarter, when the country was under lockdown, they inched towards recovery in the second. TO READ MORE: https://www.moneycontrol.com/news/business/companies/retailers-lose-25-30-billion-in-revenue-pin-hopes-on-festive-season-7007771.html

Apparel retailers are grappling with subdued sales in the June quarter as restrictions on markets and a muted consumer sentiment dented demand. Apparel sales fell 47% in April from the same month in 2019. TO READ MORE: https://www.livemint.com/industry/retail/apparel-retailers-stare-at-a-weak-june-quarter-amid-curbs-11622828323191.html