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Japanese cosmetic brand RMK turns to Tmall Global to tap lucrative APAC market, says GlobalData

Japanese cosmetics brand RMK has launched a new flagship store on Chinese e-commerce giant Tmall Global. The move is part of RMK’s larger focus to tap the lucrative Asia-Pacific (APAC) beauty market and create stable platform for beauty brands...

New FDI rules in Indian retail sector reassure influx of investments, says GlobalData

The Ministry of Commerce of India has recently announced a slew of relaxations on single-brand retail’s FDI investments. The new FDI norms can be seen as an effort by the government to encourage investments and create employment opportunities over...

Reliance Retail’s e-commerce foray with hybrid offline-online concept has potential to disrupt Indian e-commerce sector, says GlobalData

India-based Reliance Industries Ltd’s retail arm - Reliance Retail Ltd - has recently started pilot testing its food and grocery app amongst its employees in an attempt to compete with online giants Amazon.com Inc. and Walmart Inc.-owned Flipkart. This...

43.3 pc of consumers spent on summer products this year due to heatwave, says GlobalData

The prolonged heatwave in the UK and major sporting events boosted spending on summer items such as outdoor and gardening products, BBQ food and holiday clothing, with consumers judging Tesco to be the retailer that had promoted its summer...

£1.5bn spend freed up for retail survivors in 2018, says GlobalData

The UK non-food retail sector has become reliant on the demise of weaker operators to maintain growth for the survivors, according to GlobalData a leading data and analytics company. The company estimates at least £1.5bn will be released by failing...
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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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