Retail news in India

An overview of news, trends and research in the Retail industry in India:

E-commerce is redefining India's fast growing fashion market India’s e-commerce fashion market has grown by 10% to 12% in 2023, outshining growth in the broader fashion market, which grew by only around 6%.
13 July 2024
India's rapidly growing and changing eCommerce landscape Having already grown rapidly over the past years, India’s eCommerce landscape is set for its next phase of growth.
10 July 2024
Ecommerce revenue to jump during India's 2023 festive season Online retail sales during India’s festive month is expected to be up to 20% higher compared to last year, offering promising prospects for e-commerce retailers and consumers alike.
27 October 2023
Swetha Kochar and Suresh Katla (PKC) launch book for retailers Swetha Kochar and Suresh Katla, both partners at PKC Management Consulting, have launched a new book for executives in the retail industry.
03 October 2023
Steep growth to lift online fashion to $35 billion by 2028 The digital fashion sector is on a rapid growth track and is projected to represent a 29% share of India's fashion market by 2028.
05 September 2023
Report: India's internet economy to hit $1 trillion by 2030 India’s digital economy is expecting a six-fold increase in growth in the near future, and is set to hit a value of $1 trillion by 2030.
06 June 2023
Bestseller selects IBM Consulting for digital transformation European fashion brand Bestseller has selected IBM Consulting for a large digital transformation project in its Indian business.
18 April 2023
Consumers to spend $9 billion online during coming festive season India’s e-commerce is set for another record-breaking festive season, according to new analysis by RedSeer. This year’s festive sales (Gross GMV) is expected to grow to $4.
27 September 2021
Sixteen McKinsey partners invest in Bombay Shaving Company A group of sixteen McKinsey & Company partners are among a long list of backers for Bombay Shaving Company – a personal care brand founded by ex-McKinsey man Shantanu Deshpande.
08 February 2021
India's $70 billion social commerce opportunity by 2030 On track to becoming an ecommerce hotspot, India has all the makings of a booming social commerce market as well.
23 December 2020
India's festive period will break ecommerce records again Come Diwali, more shoppers than ever will turn to phones and laptops for their gift shopping, as India’s ecommerce growth powers on through the Covid-19 crisis.
14 October 2020
The new Indian consumer emerging from the Covid-19 crisis KPMG reports that a new Indian consumer is emerging from the Covid-19 crisis – one that is optimistic, tech savvy and open to a cashless economy.
10 August 2020
Bain and Flipkart foresee 350 million online shoppers by 2025 A new Bain & Company and Flipkart report expects the e-retail market in India to boom over the next few years, driven by expanding online penetration into tier-2 towns and even rural areas.
29 June 2020
Facebook and BCG on India's shifting consumer demands As the Indian economy displays faint signs of opening up, Facebook and the Boston Consulting Group (BCG) have analysed changes in the country’s consumer market, and whether they are here to stay.
04 June 2020
Apparel companies in India struggle with Covid-19 demand shock India’s apparel sector is devising ways to deal with the sudden dip in revenues brought about by the Covid-19 crisis, according to an executive at Alvarez & Marsal.
02 April 2020
India's textile industry faces large growth potential India's textile industry faces a large growth potential. The industry is set to be valued at $250 billion by end of this year according to management consultancy Intueri.
07 January 2020
BCG partner Nimisha Jain on the shift from India to Bharat The profile of the Indian consumer is evolving in the direction of prosperity, which is having an impact on the manner in which branding companies must market their products.
13 December 2019
Online sales boomed during India's 2019 festive season As the festive season in India draws to a close, analysis from RedSeer Consulting has positioned this year’s festive sale period as the biggest one ever in terms of online retail.
09 December 2019
Better B2B structures are crucial for India's consumer retail sector Despite the fact that a large part of the supply chain of India’s retail sector relies on business-to-business (B2B) relations, interaction in the B2B sector remains unorganized across the country, a
02 December 2019
Omnichannel sales are dominating India's retail sector A new report from JLL has highlighted how the retail sector in India is adapting to a wide variety of economic changes through a range of balanced and innovative strategies.
28 October 2019
Retailer Brandix taps Accenture to support overhaul of its operations Sri Lankan apparel solutions firm Brandix has tapped Accenture to support a comprehensive overhaul of its operations.
27 August 2019
Indian consumer durable industry to hit $36 billion by 2023 A number of conducive factors are set to drive growth in India’s consumer market, while the purchasing process itself is now subject to the ‘digital influence’.
15 July 2019
Indian consumer market to surpass $1 trillion by 2021 India’s retail sector appears to be on track for substantial growth over the next few years, in addition to a drastic shift in its composition.
15 October 2018
Anarock partners with Faithlane to launch Anarock Retail vertical Furthering its expansion into a broad range of service offerings, Anarock Property Consultants has now launched an Anarock Retail vertical, to delve into the retail real estate space.
03 July 2018
India's e-commerce industry will break through the $100 billion barrier by 2020 The spread of online access in India has outpaced the development of the ecommerce and other internet-dependent sectors, leaving a major gulf in online economic activity.
27 June 2018
India to hit 100 million sq ft of retail real estate in the next few years An increasing level of economic prosperity, and the subsequent spike in levels of urbanisation have created the perfect scenario for India’s retail real estate sector to thrive in.
25 June 2018
Five Indian brands in globe's 100 largest luxury goods companies Despite emerging from a turbulent period for India’s wealthier segments, the Indian market for luxury brands appears to be doing particularly well.
13 June 2018
Milennials to be the key segment of India's consumer market, says Deloitte Millennials make up nearly a third of the world’s population, and more than a third of the Indian population.
12 March 2018
World's largest health and beauty retail group partners with Infosys Continuing with its strategic ‘partnership approach’ with tech firms across the world, health and beauty retailer A.S. Watson Group has signed an agreement with Indian tech consulting giant Infosys.
16 February 2018
Indian non-profit consultancy receives $2 million grant from Walmart Agribusiness Systems International (ASI), a non-profit consultancy for agricultural businesses, is set to receive a sizeable grant of nearly $2 million from the Walmart Foundation.
20 December 2017
Indian retail growth to increasingly move beyond big cities As the consumer market continues to expand in India, brands are increasingly looking beyond the major cities and economic hubs, and gravitating towards smaller towns and suburbs.
14 December 2017
Size of Indian food services market to reach Rs. 5 trillion by 2021 Soon to be flooded with a vast range of foreign food retail franchises, the Indian restaurant sector is set to contribute more than 2% of the country’s GDP by 2021, amounting to nearly Rs.
15 November 2017

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