This section covers the news-based features that identify what are the latest trends ruling the retail sector.
Showing 1 - 15 Articles out of 818
In many ways the year 2018 was a watershed for retail in India. The year also marked a coming of age of the internalization of the GST and demonetization impacts with the retail sector exhibiting resiliency in its onward march to embrace and understand digital challenges. With this, not only has the sector begun to show signs of
The gifting industry in India has witnessed a massive growth over the past decade due to rising income levels and aspirations. The global gifting market is estimated to be USD 475 billion, and India is expected to emerge as one of the strongest contributors by 2024. A recent research report by Qwikcilver revealed that the country is
What we wear has today become a manner of expression, attitude and personality. Apparel and accessories are no longer only about adorning oneself with a piece of cloth; instead, coupled with the desire to chase the latest trends, people want to wear their ‘heart on their sleeves’. And, convey an attitude. The Indian
The year 2018 witnessed major developments across all industries and verticals, including some of the most crucial turn of events in the retail industry in India. The year was certainly not the same for all—whilethe world’s largest athletic-gear makerNike went on a consolidation spree in India to curtail losses,
The flourishing e-commerce market of India is a combination of a dynamic and competitive domain. The Indian e-commerce market is expected to grow to US$ 200 billion by 2026 from US$ 38.5 billion as of 2017 (source: The IBEF report 2018) much of this growth has been triggered by increasing internet and smartphone penetration. Existing
There has been an upsurge in the footwear industry in India in recent years, especially owing to higher disposable income. As per Statista, the overall revenue in the footwear market will reach USD 16,980 million in 2018, with a CAGR of 10.1% between 2018 and 2021. Within the footwear industry, when it comes to luxury footwear segment,
In the year 2018, retail industry has begun its journey towards mature behaviour and tenuous co-existence. This, in my experience, is the most important trend that has emerged from the murky waters of price wars and survival threats, which had plagued the sector over the last few years. To understand how significant this is, let us
The transition of endorsing something to wanting to own that thing is a natural behavior: It is the outcome of the realization about the impact one creates when endorsing a product or service and over a period of time one believes that why not create his/her own. Although, few key aspects one has to be aware in this movement from
An annual retail report from Deloitte has indicated this year retail holiday sales are expected to increase at least by 5 to 5.6% as compared to last year. Deloitte’s Retail and Distribution practice expects total holiday sales (seasonally adjusted and excluding motor vehicles and gasoline) to exceed $1.10 trillion between
When Katherine Krug raised 1.2 million on Kickstarter to manufacture BetterBack, a posture-support device she created after developing sciatica during long hours on her computer, it was just the beginning of her success. Krug soon appeared on the TV show Shark Tank, and the publicity helped her business grow. All told, in her first
Although the festival season is in the last leg with Diwali, which is around the corner culminating the season, brands seem to have left no stone unturned to make shopping experiences pleasant for customers this year. While all major brands are giving out seasonal offers and discounts, many big brands have gone a step ahead and have
A report by Ace Turtle casts light on tips for sellers to accelerate the sale in ongoing festive season.
Cartoon sketchers, standup comedians and bloggers- for decades, these have been the profession of people with creative bend, but hardly meant for storytelling or brand marketing. However, with young consumers moving from TV to mobiles for shopping, entertainment and even information, the methods of reaching out to these consumers