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Battle of mergers and consolidations intensify in India’s retail market

The Indian retail market is expected grow and reach US$ 1.4 trillion by 2023 at a compound annual growth rate (CAGR) of 10.7 percent between 2020-2023. Following the acquisition of Flipkart by Walmart in 2018, the fast-growing and lucrative...

Despite slowing consumer spending, 24 of the top 25 publicly traded global retailers saw YoY revenue growth in 2019

Fiscal 2019 appeared to be quite fruitful year as all but one of the top 25 global publicly traded global retailers reported YoY revenue growth - with seven seeing double-digit growth, reveals GlobalData. The data and analytics firm analyzed...

Card payments on rise in New Zealand amid COVID-19 crisis, says GlobalData

New Zealand is among the handful of countries that have been able to successfully contain the spread of COVID-19 with strict lockdown measures. With government easing lockdown restrictions and opening businesses, a rise in spending is expected which will...

IMAGES Group Survey: Over 72 pc retailers turn to technology, e-commerce to increase revenue

Ever since COVID-19 broke out in India, IMAGES Retail has been bringing out analysis, reports, webinars discussing impact, challenges, recommendations and opinions from the retail industry experts and stalwarts to fight the crisis. In a recent survey conducted by the...

The Next Big Question: To be or not be sustainable

Even as fashion retail businesses have remained shut and balance sheets have been stressed due to unprecedented challenges led by the outbreak of COVID-19, there has been a simultaneous demand for companies to accelerate their progress on sustainable initiatives...

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...

COVID-19 accelerates shift to digital payments in Singapore, says GlobalData

The COVID-19 pandemic has accelerated Singapore's push to digital payments, with rise in card payments and decline in cash usage, according to GlobalData, a leading data and analytics company. GlobalData estimates total card transactions (POS and ATM) in Singapore to...

Reliance Group set to emerge as the leader in the Indian retail landscape, says GlobalData

Reliance Industries Limited (RIL) is grabbing every single opportunity, be it collaborating with technology companies, acquiring leading retailers or adding physical stores or its entry into the online retail space for gaining access to advanced technologies, to gain a...

Apparel continues to be worst hit retail segment by COVID-19 pandemic

The apparel segment continues to be the worst hit in retail due to COVID-19 as store closures and virus-wary consumers’ have severely dented the seasonal spending. Furthermore, the rising unemployment and threat of a global recession will exacerbate the...

Direct to Consumer emerges as an alternate sustainable retail strategy post-COVID-19

The recent lockdown sprees have compelled the brands to look at alternative ways to provide consumers the products they need. Therefore, many brands are offering direct-to-consumer (DTC) home delivery services for the first time amid the COVID-19 lockdown. Brands...
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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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