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Privately-owned new umbrella entities to disrupt retail payment space in India: Report

The approval of new umbrella entities (NUE) licensing by the Reserve Bank of India (RBI) will lead to increased private participation in the Indian digital payments space, which is currently dominated by state-owned National Payments Corporation of India (NPCI)...

Direct-to-consumer offers new opportunities to APAC retailers amidst COVID-19 scenario

The benefits offered by the direct-to-consumer (DTC) model make it very attractive and lucrative for both ‘well-established’ as well as upcoming retailers operating in the Asia-Pacific (APAC) region, especially amidst the current COVID-19 scenario, says GlobalData, a leading data...

APAC to account for over 40% global menswear and womenswear market by 2024: GlobalData

High population density, increasing Internet penetration, economic growth and the increased spending ability of the consumers offer huge growth potential for menswear and womenswear sales in the Asia-Pacific (APAC) region. As a result, the APAC market is forecast to...

APAC formalwear retailers must adapt to WFH trend to stay relevant: Report

With work-from-home continuing to be a precautionary measure in 2021 to safeguard employees from the COVID-19 pandemic, formalwear retail brands in the Asia-Pacific (APAC) region need to revisit their strategies to operate and compete in the market, says GlobalData,...

Asia-Pacific to lead global jeans market growth, reveals GlobalData

The emerging markets across the Asia-Pacific (APAC) region are set to play a crucial role in the revival of the global jeans market to its pre-COVID-19-pandemic level growth by 2022, says GlobalData, a leading data and analytics company.GlobalData’s research...

India’s beverages industry declines in Q4 2020 as consumers remain reluctant to step-out: GlobalData

Despite the Indian government’s efforts to the drive the economic activity, people remain reluctant to travel and dine-out, driving down the ‘on-trade’ volumes of beverages, says GlobalData, a leading data and analytics company.GlobalData’s report, ‘India Beverages Consumption Trends and...

eBay ramps up hires in the US and Germany to strengthen user engagement

eBay’s recent hiring trend reveals that job postings in the US and Germany contributed to 50% and 20% of its total job postings, respectively, since January 2021, finds GlobalData, a leading data and analytics company.Ajay Thalluri, Business Fundamentals Analyst at...

Top 3 features which will keep fast fashion retailers relevant in the post-COVID apparel market

Customers are mindful of the adverse environmental impact of fast fashion. Sustainability and ethical awareness are influencing the industry to make dynamic changes such as digitization, circularity and transparency in business practices that will help brands in the long-term,...

Hiring surpasses pre-COVID levels as India completes one year of Janata Curfew

Hiring activity across various sectors in India, which recorded a continuous decline in the second quarter of last year due to the unprecedented lockdown measures, has been on a gradual growth trajectory since the third quarter of 2020 and...

New tech creating packaging from orange peel capitalizes on socially responsible products: GlobalData

panish food manufacturer, AMC Natural Drinks, is taking steps to embrace environmental responsibility by launching its first ever plastic-free bottle made with citrus peels. This novel technology can help to avoid food waste, as well as reduce greenhouse gas...
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Camaro plans to set foot in west, north India

The expansion will help double its turnover to Rs 200 crore over the next three yearsNew Delhi: Camaro, the city-based...
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