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

Krishna kushwaha -
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)...
Big Grid

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

Krishna kushwaha -
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...
Fashion

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

Krishna kushwaha -
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...
Big Grid

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

Krishna kushwaha -
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,...
Fashion

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

Krishna kushwaha -
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...
Big Grid

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

Krishna kushwaha -
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...
International News

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

Indiaretailing Bureau -
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...
Big Grid

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

Indiaretailing Bureau -
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,...
Big Grid

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

Indiaretailing Bureau -
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...
Retail

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

Indiaretailing Bureau -
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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Latest News

Fashion & LifestyleAnagha R Ratna -

Meena Bazaar opens its first store in Mumbai

The new Meena Bazaar outlet is located at the Oberoi Mall in Goregaon Bengaluru: Delhi-based ethnic wear retailer Meena Bazaar has...
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