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McKinsey & Company

Online and upcoming: The Internet’s impact on India and its retail economy

The Internet today connects more than two billion people worldwide. The Internet already has immense impact on the global economy, contributing an estimated $1.7 trillion, or just under 3 percent, of global GDP in 2010.1 Yet half the number...

Leveraging IT to boost e-commerce ecosystem

According to a press release issued by Gartner on October 16, 2014, the Indian e-commerce industry is expected to rise by 70 per cent from US$ 3.5 billion in 2014 to US$ 6 billion in 2015. The report further...

How well do we know our customers?

Having a good understanding of customers can help both retailers and brands to increase their sales exponentially. The more they know about customers and their needs, the easier it is to identify opportunities to sell them new products and...

“Customer is King, everything else falls in line”

Kapil Hetamsaria founder of Velvetcase - a hybrid e-commerce platform started with the passion to deliver a complete customised and transparent fine jewellery buying experience to consumers in India and worldwide. The company has internationally acclaimed designers and manufacturing...

JDA Software Names Baljit Dail Chief Executive Officer

JDA Software Group, the world’s leading supply chain and retail solutions provider, today announced that Baljit (Bal) Dail, a senior technology executive and JDA’s Chairman of the Board, has been named JDA chief executive officer after assuming the CEO...

Why should a retailer move to tier-II & -III cities

Apart from retail growth in urban and tier-I cities, there is also a radical shift witnessed in consumption patterns in smaller towns with people moving beyond necessities and using products that were once sold only in urban areas. The...

Faaso Wraps

Persistence and innovation are the adjectives that best define the 37-year-old Jaydeep Barman, Founder of Faaso’s, the popular chain of wraps in Pune and Mumbai. Inspired by the success of the burger chains, this engineer-cum-MBA launched his version of...

Francis Belin Appointed as Sr Vice President, Swarovski, Asia Pacific

Swarovski has appointed Francis Belin senior vice president for Swarvoski Consumer Goods Business for Asia Pacific region. According to the new alignment Belin's area has been extended, beyond greater China, to take over Swarovski’s Consumer Good Business for Asia...

M&S India to increase local sourcing

Marks and Spencer Reliance India (M&S India) has said it will increase its sourcing of local merchandise to 70 per cent in the next two years for its Indian operations. It is also extending its business to Tier 2...

IRS chooses Axind’s visual mechandising software for their PG students

The Indian Retail School, the academic institute of retail launched by House of Pearl, has selected 'MockShop' visual merchandising software from Axind for their PG students of fashion marketing and fashion retail to gain a hands-on experience with visual...
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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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