The new outlet is the second Azorte store in Hyderabad and supposedly its largest store till date
Bengaluru: Azorte, a premium fashion and lifestyle store chain by Reliance Retail, launched its first stand-alone high street store in Hyderabad at Jain Friends...
The global beauty honchos are visiting to study India’s beauty and cosmetics market that is expected to swell to a Rs 2-trillion opportunity by 2025. MNCs are looking at India as a future growth engine
New Delhi: As India’s beauty...
Following the release of Burberry figures for Q3 FY2020/21 in January 2021; Gemma Boothroyd, Associate Retail Analyst at GlobalData, a leading data and analytics company, comments: "Burberry’s increased digital sales and impressive performance in APAC softened the damage from store...
British luxury fashion retailer Burberry launches its first social retail store in Shenzhen, China, powered by Tencent technology. ‘A store of tomorrow for today,’ Burberry’s first social retail store beautifully blends the physical and social worlds, offering a digitally...
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...
Burberry has released FY figures for 2019/20.
Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Burberry’s full year performance was significantly impacted by the pandemic originating in its biggest market, APAC, however it is...
IKEA has acquired augmented reality (AR) start-up Geomagical Labs.
Commenting on the same, Wafaa Hassan, Analyst at GlobalData said, “As one of the early investors of AR, IKEA’s acquisition of Geomagical Labs gives its customers the opportunity to see how...
While India’s long term growth outlook remains intact, there is no denying the ongoing volatility in the market at this time. Across the industry sectors, 2019 has been a year of uncertainty and vulnerability due to the rise of...
India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...
2018 promises to be a crucial year for Indian retail. Even as the retail sector welcomes e-commerce with open arms, it is brick-and-mortar which has emerged victorious over the last one year in the country, for after all, while...