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Men's grooming becomes a hot biz opportunity

The male grooming industry is expected to grow at a CAGR of 45 per cent to touch Rs 35,000 crore in the next three years, as per an Assocham report. While the segment has been largely untapped, start-ups like Bombay Shaving Company is eyeing 8 per cent market share in the industry. In a conversation with Indian Retailer, Bombay Shaving

BY Shwetha Satyanarayan  |  Jun 21, 2018  |  comments ( 0 )  | 

How adidas, Max Fashion, others are improving in-store conversions?

Being a retailer try to imagine the frustration of the customer who walks through the store to find a product which is ‘out of stock’ at that particular time or a beautiful piece of fashion garment lying on the table but the customer is not been able to find her desired colour or size, and ultimately opt to buy a similiar

BY Shipra Srivastava  |  Jun 21, 2018  |  comments ( 0 )  | 

Future Retail eyes larger share of airport sale

Mumbai: Following the footpath of its WHSmith retail chain, Future Retail is eyeing to tap airport locations with launching Future Lifestyle Fashion stores in locations such as Goa, Lucknow, Bhubaneshwar and Gwahati airports soon. In the quest of acquiring larger pie of retail sale at airports the challenge for the group will be to

BY Sunil Pol  |  Jun 21, 2018  |  comments ( 0 )  | 

Hrithik Roshan's HRX to come up with offline stores soon

New Delhi: Actor Hrithik Roshan’s fashion and lifestyle brand HRX is all set to launch its offline store this year. Initially, the brand has plans to set up five stores, first stores to be in Bengaluru followed by Pune, Delhi and Mumbai. The brand is targeting malls to set up the stores and these will be Exclusive Brand Outlets,

BY Sharmila Das  |  Jun 20, 2018  |  comments ( 0 )  | 

Product rental start-up RentSher raises $1.1 million

Bengaluru: With more and more home appliances and furniture rental firms gaining momentum, online product rental marketplace RentSher has raised $1.1 million in its latest funding round. The funding, led by Abu Dhabi-based VC fund Shorooq Investments and Dubai-based Latitude Consultants, also saw participation from other angel

BY Shwetha Satyanarayan  |  Jun 20, 2018  |  comments ( 0 )  | 

Pepperfry aims to be profitable in the next 12-18 months

Furniture retailer has announced the aggressive plans to achieve the break-even point and attain profitability over next 12-18 months.  With the vision to be in 20 million homes by 2020, this omni-channel retailer is expanding with a CAGR of 83%.  So far, Pepperfry has overall raised INR 1300 cr after its recent fund raise of

BY Shipra Srivastava  |  Jun 20, 2018  |  comments ( 0 )  | 

Myntra eyes 100 stores in 2 years, 50 Roadster stores alone

Bengaluru: Homegrown unicorn Flipkart’s fashion subsidiary Myntra is all set to increase its offline footprint in the market. Myntra will step up its offline presence following the success of its private label Roadster’s offline stores. As of now, the brand operates 12 stores and plans to make it 100 in the next two years.

BY Shwetha Satyanarayan  |  Jun 20, 2018  |  comments ( 0 )  | 

How GST Suvidha franchises relieving burden of small traders?

The introduction of the Goods and Services Tax (GST) last year helped in creating a uniform taxation system. However,it has also raised concerns at several levels, especially amongst the small and medium enterprises (SMEs). Of the many pros and cons, one of the key features was that it has a simple and easy online procedure, to avoid

BY Guest author  |  Jun 19, 2018  |  comments ( 0 )  | 

How online retailers are nudging users towards impulse purchases?

Online fashion retail is one of the biggest drivers of Indian e-commerce. Research conducted by a major ecommerce player saw the emergence of 60 million online fashion shoppers in a pool of 200 million online shoppers. The dominance of online shopping will continue to expand and is projected to grow to $14Bn by 2020. Thanks to the

BY Guest author  |  Jun 19, 2018  |  comments ( 0 )  | 

Myntra, Amazon announce discount war with 50-80% off

New Delhi: The sale season is back with country’s two e-commerce biggies including Amazon and Myntra hosting summer sale with steep discounts in the range of 50-80%, across categories on their platforms. Flipkart led fashion e-commerce player Myntra has announced the launch of its End of Reason Sale (EORS) from 22nd-25th

BY Sharmila Das  |  Jun 19, 2018  |  comments ( 0 )  | 

Four ruling trends from the Internet industry

E-tailing: Increase in frequency of buying along with online shoppers across the categories will drive the industry growth The Indian e-commerce industry is all set to touch the CAGR of 40% to become a $50 bn market by 2020.  There are mainly two factors driving growth in this segment, the first would be increase in the number

BY Indian Retailer Bureau  |  Jun 18, 2018  |  comments ( 0 )  | 

India leaps beyond need based clothing

By Ramesh Kaushik, Vice President, Brand Experience, Blackberrys They say men are hunters and women gatherers- not just in the context of scouting for food and shelter in ancient times, but so also in today’s shopping scenes. The increasing purchasing power of male shoppers has spawned a new class of consumers who

BY Guest author  |  Jun 18, 2018  |  comments ( 0 )  | 

How the Indian fitness industry is poised for massive growth in the future?

When we look back on the evolution of the fitness industry in India, it is fascinating to see how the demand for fitness products and services has grown by leaps and bounds over the last decade. The inflection point that the sector is currently at, points towardsa lot of positive developments in the future. The advent of technology and

BY Guest author  |  Jun 14, 2018  |  comments ( 0 )  | 

Can AI and Big Data Analytics remodel Retail

By: Sunil Munshi, CEO- India, Denave Redefinition of the retail industry is not new. In fact, this revamp has been set in motion now for a couple of years. Considered to be buzzwords not so soon ago, technologies like AI, Machine Learning, IoT, 3-D Hologram etc. have today changed the retail landscape in a major way. More so, with

BY Guest author  |  Jun 13, 2018  |  comments ( 0 )  | 

How to increase the efficiency of a retail store?

Physical retail helps in cultivating the direct and meaningful relationships with the customers. Since, online is spreading its wings so it might not be much favorable time for physical retailers. But, the existence of physical retail in the long run can’t be questioned. A study from McKinsey predicted that by 2020, more than 80%

BY Shipra Srivastava  |  Jun 12, 2018  |  comments ( 0 )  |