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Oberoi Mall to explore Omnichannel route, to launch premium mixed-use retail projects by 2020

Envisioned as a fashion and entertainment destination, Oberoi Mall opened its doors for shoppers on April 15, 2008. Situated on the Western Express Highway and with a GLA of 5,50,000 sq. ft., Oberoi Mall has occupied a significant position...

Amazon India registers 225 per cent net growth on sports products in 2016

Leading etailer Amazon has witnessed a net growth of over 225 per cent on its sports category in 2016 as compared to the last fiscal, the company said in a statement on Tuesday. The survey revealed that Amazon fashion sportswear...

Nike announces new Consumer Direct Offense to serve consumers personally

Nike has introduced the Consumer Direct Offense, a new company alignment that allows Nike to better serve the consumer personally, at scale. Leveraging the power of digital, Nike will drive growth—by accelerating innovation and product creation, moving even closer...

Nike to go in for corporate restructuring, slash 1400 jobs, lessen sneaker styles

Nike Inc. said Thursday that it expects to cut 2 per cent of its global workforce, or about 1,400 workers, as a result of a corporate restructuring. Nike has 70,700 employees according to FactSet. Called the "Customer Direct Offense," the new...

Paytm ties up with distributor of luxury labels in India, Genesis Luxury

Paytm has announced a partnership with Genesis Luxury, the company that markets and distributes the world’s best international luxury and premium labels in India. The partnership will enable customers to pay using Paytm at all Genesis stores of fashion brands...

13 global apparel and accessory giants and their India success stories

The global apparel retail industry is big not only in terms of its consumer base, but also in numbers, brand players and influencers. Statistically speaking, the industry’s value in 2015 was US $1,377.5 billion – a 3 per cent...

Fashion retailers go smart, develop intelligent garments

Intelligent Clothes Like everything else, high tech is the way the apparel sector is growing too. From key functional benefits across health, wellness, sports, protection to fashion and everyday comfort, ‘smart garments’ is the new buzz word of the sector....

Stepping into a bigger, better future: A report on India’s footwear market

India is the second largest footwear producer in the world, with footwear production accounting for approximately 9 per cent of the global annual production - 22 billion pairs as compared to China, which produces over 60 per cent of the global production. India...

Emerging trends in store design

Increase in urbanization, rise of nuclear families, growing affluence levels, increasing aspirations and a preference for branded products, the last few years saw the stars aligning for the retail industry in the country. However, we also saw it develop...
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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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