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Burberry launches its first social retail store

RetailME Bureau -
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...
Fashion

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

IMAGES Business of Fashion -
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...
Fashion

Burberry better positioned to face COVID-19 thanks to digital expertise

Indiaretailing Bureau -
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...
International News

IKEA’s acquires AR start-up to give a store-like shopping experience to consumers

Indiaretailing Bureau -
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...
Retail

East India emerges as epicenter of modern retail activity

Piasi Sinha -
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...
Retail

Global Retailers in India: Moves, leaps & hurdles

Namita Bhagat -
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...
Retail

The Future of Retail is Phy-gital

Charu Lamba -
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...
International News

Burberry's CEO Chirstopher Bailey quits

Indiaretailing Bureau -
Burberry is set for a radical fashion makeover after announcing that its long-serving creative designer, Christopher Bailey, is leaving after 17 years with the luxury brand. The British fashion house revealed that Bailey will step down next March from the...
IRF 2017

AI ChatBots are the future of consumer experience, the way to boost your business

Zainab S. Kazi -
Everything around us is getting automated. And everything around us seems to be getting intuitive day-by-day. The automated keyboard knows the words we wish to type, the portal we are shopping at shows us exactly what we need of...
Fashion & Lifestyle

Luxury fashion brand Burberry posts 3 per cent rise in retail sales

Indiaretailing Bureau -
Luxury Fashion retailer Burberry has reported retail revenue of £478 million (US$613 million), up +3 per cent. Comparable sales increased 4 per cent in the quarter with strength in Mainland China driving improved, mid-single-digit percentage growth in Asia Pacific. In China, sales...
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Latest NewsPTI -

UPI transactions hit record high of Rs 25.14 lakh crore in May

In terms of volume, 1,867.7 crore transactions were done in May against 1,789.3 crore in the previous month New Delhi: Transactions...
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