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McKinsey

The Green Revolution in Retail

A look at the different initiatives taken by players in the retail ecosystem to reduce their carbon footprint New Delhi: The retail industry accounts for over 25% of carbon emissions with a majority of this occurring in the retail value...

India should have done more to protect jobs in all sectors, including retail: McKinsey Partner

While speaking at an event organised by industry lobby grouping CII, Alok Kshirsagar, a senior partner with McKinsey & Company, said India should have done more to protect employment in some way, shape or form during the COVID-19 pandemic.Analysts...

Lenzing AG: Tailoring sustainable & environmentally responsible lifestyles

Lenzing AG, one of the largest wood-based fibre manufacturers of the world, has been promoting sustainable fashion in India for over a decade with its products TENCEL™ and LENZING™ ECOVERO™, all sustainable and environmentally responsible fibres.India is a young...

Global fashion industry suffers 90% economic profit decline in 2020: The State of Fashion 2021

The Business of Fashion (BoF) and McKinsey & Company released a new report, 'The State of Fashion 2021'. Now in its fifth year, the report covers the future of the $2.5 trillion global fashion industry, based on exclusive interviews...

COVID-19: A global view of how consumer behaviour is changing

Consumer behaviors are settling into a new normal, as people everywhere learn to live with the reality of COVID-19 and as more countries reopen parts of their economies, says ‘A global view of how consumer behaviour is changing amid...

Back to Business: Fashion retailers focus on shop by appointment, engaging consumers online

When cities went under lockdowns, it was the nonessential items businesses which were forced to temporarily shutter shop, the worst hit by the pandemic. The supply chain too suffered with the closure of retail units. One of the worst...

COVID-19 lockdown opens new markets for luxury industry

The COVID-19 pandemic has dramatically changed the retail industry almost overnight. As per recent reports by Bain & Co., and McKinsey, major luxury companies have swivelled focus to address urgent public health needs. Factories that were producing scarfs and...

Madhur Deep, Senior VP, Alibaba

Madhur Deep Senior VP Alibaba Group Former McKinsey and Delloite executive Madhur Deep, joined Chinese behemoth Alibaba as its Senior Vice President recently. In his new role, Deep will be responsible for heading the strategy and investment teams to build out market entry,...

What is the price of customer loyalty?

The risk of losing customers must keep grocers up at night. So how do they avoid that scenario? There are many ways to maintain customer loyalty, but experts say consistent and transparent pricing may be the most important. Moreover, getting...

Arvind launches Nnnow.com to take on e-tailers

Arvind Ltd has informed BSE that Arvind Internet has launched India''s first true Omnichannel experience - NNNow.com. This new initiative is Arvind''s attempt to move away from the discount driven e-commerce market to a brand led shopping journeys. NNNow.com redefines shopping...
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Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth

The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C...
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