The Indian ethnic wear industry relies heavily on ceremonies and special occasions - with marriages, festival gatherings getting canceled - occasion-specific fashion definitely took a hit.
Luxury shopping globally has faced its biggest obstruction to date. Shifting to e-commerce has become a necessity, which gradually is growing into shaping the habits of the customers as well as the potential customers.
As online shopping continues to grow, so do customer expectations of instant gratification, thus leading to an increase in pollution and volume of waste production by the supply-chain networks.
To kickstart a business, you need two things - the willingness to quit the rat race and start your venture and the right idea to take you towards your goal.
Value retailers with their value-centric business model are making the brand relevant and connected to Bharat's customers more engagingly and effectively.
The sector's demand is expected to grow 30-35 percent YoY in FY22, because of a low base and traditional and cultural factors supporting jewellery purchases.
Consumer Durables & Quick Service Restaurants (QSR) categories have shown positive growth of 15 percent and 18 percent (Y-o-Y), respectively in the month of February 2021.
In the post-COVID scenario, many D2C brands have brought meaningful innovations in the sleep and home solutions space and built deep customer relationships across multiple channels.
As businesses continue to grapple with the ripple effects of last year, Leadership and Organization Development (L&OD) teams have to work fast and partner with all stakeholders to help achieve new organisational goals.
Over 65 percent of organizations are likely to change their strategy significantly in the next three years, as they adapt to the pandemic and embed resiliency into their operations.