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Although there is an increase in income but the disposable income is not increasing at the same rate making expensive, high end and trending brands aspirational.
Overall the fashion industry is expected to surge to $21.51 billion by 2023 at a CAGR of 22.3%.
There is no one particular product preference but a combination of products both as regular consumption and a gift factor that add to the complexity.
Organised retail penetration expected to reach 10% 2020 against current 7%
India's health supplement and nutraceutical industry is rapidly growing and is poised to be USD 10 billion industry by 2025.
GCPL chose Oracle Demantra Predictive Trade Planning solution which provides the business insights based on data analytics.
Retail, from luxury to e-commerce, is an extremely price sensitive business. Logistics, when utilised smartly, can prove to be a key factor impacting profits.
According to PwC, through machine learning and analytics will improve predictive maintenance and it is estimated that there will be as much as 38 per cent increase in the next five years.
Bandhan Jewels is a multi-brand jewelry retail chain that carries the concept of a combination of generic and branded jewellery in a retail chain.
Baba Ramdev has blown his trumpet into the Indian telecom sector by launching Patanjali sim and social messaging application Kimbho.
Milk subscription market is still at nascent stage but already fetching the attention from retail giants..
57% of respondents, including manufacturers, wholesalers and retailers,are yet to fully understand the working of GST