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Online sales growth same as last year, no major jump due to COVID impact

This festive season has seen 30-40 percent growth in e-commerce volumes with overall growth similar to that witnessed last year. A report by financial services major, Bernstein, said: "While not a negative surprise, we had anticipated a much higher growth...

COVID-19 led 68 pc Indians to increase online shopping: Survey

Indian consumers of all ages are shopping online more due to the COVID-19 pandemic, with more than 68 percent reporting an uptick since COVID-19 started, a survey by cybersecurity firm McAfee said on Tuesday. The results, however, showed that consumers...

How e-commerce companies are all set to fulfill the demand of consumers this festive season

The COVID-19 pandemic has led to a global economic slump. With the festive season just around the corner, the Indian e-commerce industry is all geared up to capitalize on the festivities with a hope to recover lost sales. Many...

Festive season: Majority to shop online, 80 pc to look for local items

Online shopping is likely to get a new boost in the coming festival season, as around 51 percent consumers are likely to shop online during the period, according to a recent survey. In the 2019 survey of 'LocalCircles', only 27...

COVID-19 accelerates e-commerce growth in South Korea, says GlobalData

South Korea is one of the most developed e-commerce markets globally. The ongoing COVID-19 pandemic and the subsequent lockdown and social distancing measures undertaken by government have further accelerated e-commerce sales in the country, according to GlobalData, a leading...

Offline stores sales decline by 75 percent in Q2 2020 as e-commerce set to grow by 20 percent in 2020

According to the research data analyzed and published by StockApps.com, US department stores reported a 75 percent drop in sales during Q2 2020. The report estimated a decline of 60 percent for the whole year, while predicting a 20...

Enabling the next wave of e-commerce through supply chain innovation

Leading global professional services firm, Alvarez & Marsal (A&M) India and CII Institute of Logistics, released a white paper titled ‘Enabling the Next Wave of E-commerce in India Through Supply Chain Innovation’. The paper notes how different e-commerce categories...

E-commerce emerges as mainstream payment in Thailand amid COVID-19 crisis, finds GlobalData

E-commerce has been on a sustained growth for the last few years in Thailand. While Thailand is among the few countries globally that has been successful in combating COVID-19, the lockdown measures such as restricting the opening of businesses...

E-commerce spends surpass pre-COVID-19 levels post lockdown in Delhi, Mumbai, Bengaluru: Report

E-commerce spends surpassed pre-COVID-19 levels after the lockdown across Delhi, Mumbai and Bengaluru as more individuals opted to shop online for their discretionary and non-discretionary spends, according to a report by credit card bill payment platform CRED. The report is...

COVID-19 makes e-commerce even more preferred among shoppers in Hong Kong, says GlobalData

The growth of Hong Kong e-commerce market has been revised up, considering the positive push due to coronavirus (COVID-19) outbreak, according to estimates by GlobalData, a leading data and analytics company. An analysis of GlobalData’s E-Commerce Analytics reveals that the...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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