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$30 billion of fashion market to be digitally influenced by 2020: Facebook-BCG study

The Indian fashion market size contributes $70 billion in 2016. Among the overall fashion market $7bn to $8bn is already digitally influenced. As per a joint report by Boston Consulting Group and Facebook, titled 'Fashion Forward 2020' it is estimated that by 2020 the digitized share will rose to $30 bn

BY Indian Retailer Bureau  |  Mar 30, 2017  |  comments ( 0 )  | 

Despite E-Commerce Rise, Offline Stores Generating 91% Sale: Report

Despite rise in e-commerce business, brick and mortar stores still generate 91 per cent sales globally, a study has claimed.  "Despite the rise of e-commerce, the physical stores still draw a significant shopping crowd. In fact, 91 per cent of all retail sales are still being generated in brick-and-mortar stores,"

BY Indian Retailer Bureau  |  Mar 29, 2017  |  comments ( 0 )  | 

How Indian online jewellery is shaping up?

The jewellery industry is one of the fastest growing sectors in the Indian economy. It is hugely export oriented and labour intensive, thus contributing greatly to the foreign exchange and to the employment. The demand for jewellery in India is unique and to some extent inflexible to price. The gold demand in terms of pricing is

BY Guest author  |  Mar 28, 2017  |  comments ( 0 )  | 

How fabric waste can be avoided?

One of the oldest industries in the world - the textile industry-  is a vibrant business hub whose history can be traced going back by many decades. Textiles and clothing trade is a vital part of the world economy with many nations heavily dependent on the sector for foreign exchange earnings and employment generation, as it also

BY Guest author  |  Mar 28, 2017  |  comments ( 0 )  | 

How technology is aiding start-up retailers in scaling the business?

There are a few challenges which every start-up retailer would face initially, which is common to all. Firstly, they need to address   the question, “What is my differentiation in the market?” which means finding a niche for themselves. Today, businesses must constantly innovate to cater to changing demands of

BY Shipra Srivastava  |  Mar 23, 2017  |  comments ( 0 )  | 

Major upcoming retail investments in India

Indian retail sector has high potential to attract foreign investment, with FDI policies opening up more and more retailers are exploring Indian market which consists of more than billion people.  Even the existing ones are looking to spread their reach.   Foreign investments are important to India as well, as per

BY Indian Retailer Bureau  |  Mar 22, 2017  |  comments ( 0 )  | 

How ABFRL is managing its fashion collections?

Aditya Birla Fashion and Retail Ltd. (ABFRL), India’s largest fashion and lifestyle company, has adopted its “My Collection a industry solution by Dassault Systèmes,’ to accelerate the time to market of its fashion collections and increase consumer satisfaction. ABFRL is India's number one fashion

BY Indian Retailer Bureau  |  Mar 21, 2017  |  comments ( 0 )  | 

International vs local : It is about the ‘Survival’ of the fittest

International brands such as Zara, H&M, and Forever21 etc. have started taking sizable share in Indian fashion market. Indian consumers have started prefer these brands for their perceived quality, fit and style. So, does that mean local retailers have no chance to stand out to these brands?  Well, the comparison of premium

BY Shipra Srivastava  |  Mar 20, 2017  |  comments ( 0 )  | 

How digital payment can be hassle free?

As the dust settles down on demonetization it is pertinent to ask if the process of demonetization is really a game changer for digital payments. To get a sense of where we can go, we might want to have a quick look at what has happened in the past.  India is actually not new to 'cashless' economy. Both debit and

BY Guest author  |  Mar 18, 2017  |  comments ( 0 )  | 

Pigeon Express launches Aangadia on Mobile app

Launched in 2004, Pigeon Express Pvt. Ltd. It is the first inter-city courier with 100% online operations. .It has been one of the fastest growing Inter-city courier services that offers "Desk to Desk" couriering of documents, packages, parcels in compliance to satisfaction. Last year, Pigeon Express acquired the majority

BY Shipra Srivastava  |  Mar 17, 2017  |  comments ( 0 )  | 

Small businesses: A great fit for the new 'Nimble Marketplace'

Consumer behavior and the way people shop are changing. Over the last several years, e-commerce has risen and there’s no longer a clear-cut distinction between bricks (store) and clicks (online shopping). It’s all just shopping. There’s increasingly an omni-channel approach to purchasing. More and more, consumers are

BY Guest author  |  Mar 15, 2017  |  comments ( 0 )  | 

Challenges for the luxury brands!

In the last decade the Indian luxury market is in the spotlight with global luxury brands showing a growing presence. The current Indian luxury market which is valued at 18.5 Billion USD ( Source : ASSOCHAM) has right potential to reach more than 100 Billion USD in the next 7-8 years. India's growth in Ultra High net worth

BY Shipra Srivastava  |  Mar 14, 2017  |  comments ( 0 )  | 

How PVR Cinemas is going cashless with its payments ?

Post demonetization, consumers are fast moving towards cashless transactions. For digital payments, customers look for faster, safer and seamless payment experience. To facilitate this experience for its customers, PVR Cinemas - India’s largest multiplex company has partnered with Pine Labs, India’s top payment solution

BY Indian Retailer Bureau  |  Mar 10, 2017  |  comments ( 0 )  | 

E-commerce sites are betting big on artificial intelligence (AI): Study

As data science gets set to drive the artificial intelligence (AI) market in 2017, a few Indian startups are initiating development of conversational bots, speech recognition tools, intelligent digital assistants and conversational services to be built over social media channels, a joint study by PwC-Assocham said. Organisations

BY Indian Retailer Bureau  |  Mar 10, 2017  |  comments ( 0 )  | 

How are warehousing occupiers approaching the GST

The Goods and Services Tax (GST) is likely to be legislated in 2017. Over the years, the GST has faced innumerable challenges due to issues regarding its structure, tax bracket and subventions for states that may face revenue loses. To better understand the impact of the GST on the warehousing sector in India, CBRE Research conducted a

BY Indian Retailer Bureau  |  Mar 09, 2017  |  comments ( 0 )  |