India’s online and offline retail sales surged to a record during the festival season, another indicator of an economy on the mend overcoming supply disruptions and rising prices. And the surge in demand for everything from mobile phones TO READ MORE: https://www.bloombergquint.com/business/this-has-been-a-record-festive-season-for-online-and-offline-retailers
Leading brick-and-mortar retail players such as Reliance Retail, Tata-owned Trent, Aditya Birla Fashion & Retail, and Shoppers Stop plan to accelerate store expansion, launch newer formats and add newer categories. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/retailers-on-expansion-drive-as-sales-return-to-pre-pandemic-levels/87641540
Signalling a positive trend after reeling from the impact of the COVID-19 pandemic for a long period, retail sales in October grew by 34 per cent compared to the same month last year, according to the Retailers Association of India (RAI). TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/retail-sales-up-34-pc-in-october-rai/87668921
As Amazon and Flipkart dominate headlines in the festive sale season, other e-commerce and luxury fashion brands are also witnessing bumper sales especially from the tier 2 and 3 cities, keeping their cash registers ringing. TO READ MORE: https://www.business-standard.com/article/companies/new-e-com-fashion-brands-see-surge-in-sales-as-festive-season-begins-121100501156_1.html
The two waves of Coronavirus pandemic not only confined us to our homes, they also forced us to reconsider our priorities. The one thing in particular that dropped down in our priority lists was the way we dress up. TO READ MORE: https://www.outlookindia.com/website/story/entertainment-news-adapt-or-die-is-indian-fashion-ready-to-handle-the-pandemic/399904
A bunch of recently-minted direct to consumer (D2C) brands have are threatening to give the established companies a run for their money. With smart use of data, more nimble strategies and with an innovative offering of products and services, moving. TO READ MORE: https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/traditional-brands-are-being-challenged-across-categories-leaving-consumers-spoilt-for-choice/articleshow/87483572.cms
Retail rentals are recovering after more than a year of decline with sales in general having almost gotten back to pre-pandemic levels. Retailers and real estate agents say rentals have started to climb and are inching toward 2019 levels for the first. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/retail-rentals-bouncing-back-to-pre-covid-levels/87547942
Shoppers across the country bought products worth Rs 1.25 trillion this Diwali, helping retailers log decade-high sales — a sign of resilient demand even as inflation remains high. The Confederation of All India Traders (CAIT), which represents about 70 million traders, said the tremendous sales response came as a much-needed breather for retailers facing a...
The government has initiated “detailed interactions” with companies and industry associations that had sent suggestions on the proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020. TO READ MORE: https://retail.economictimes.indiatimes.com/news/e-commerce/govt-industry-discuss-new-ecommerce-rules/87295905
Reliance Brands Ltd said on Wednesday that its joint venture company has acquired the India trademark rights for British denim brands Lee Cooper. Reliance Brands’ JV unit Iconix Lifestyle India Pvt Ltd has acquired the intellectual property rights in India. TO READ MORE: https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/iconix-lifestyle-india-pvt-ltd-acquires-india-trademark-rights-for-british-denim-brands-lee-cooper/87310844
