India
Limited Edt enters India’s retail market
It is the first store outside of Singapore.
Nearly half of Indian consumers want multifunctional benefits in food, drinks
They seek products that will boost their energy and immunity, amongst other benefits.
Tata Starbucks aims 1,000 stores in India by 2028
It currently runs over 390 stores in 54 cities.
Christian Louboutin joins forces with India’s ABFRL
The partnership will help Louboutin’s expansion into the Indian market.
Luxury group SMCP enters India
SMCP is currently present in 47 countries.
Foot Locker to enter the Indian market in 2024
Metro Brands and Nykaa Fashion will license the brand for their respective platforms.
Around 1 in 2 Indian consumers are willing to spend on leisure and health protections despite financial turmoil
The trend is mostly driven by consumers from Gen Z urban groups and workers.
Dabur India clinches Campaign of the Year - India Award for innovative "Odomos Suraksha Bandhan Rakhi"
Their groundbreaking Mosquito Repellent Band launched during Raksha Bandhan earned them recognition.
Reliance opens shopping plaza in Mumbai
Jio World Plaza will house 66 luxury brands in its 750,000 sq. ft. space.
Reliance purchases rights to Sephora brand for India expansion
It will take over Arvind Fashions' operations of 26 Sephora stores in the country.
Reliance Brands to acquire 76% Superdry IP in Indian territories
The consideration for the IP costs around $48.7m.
Alternative payment dominates India’s e-commerce market
The method accounts for almost 60% of the country’s e-commerce transactions.
Reliance Retail’s Hamleys launches in Italy
Giocho Preziosi S.P.A. is the toy retailer’s franchisee.
KKR to invest around $250m in Reliance Retail Venture
The investment company will now hold a 1.42% stake in RRVL.
Reliance Retail Ventures forms JV with clothing brand Ed-a-Mamma
Reliance will hold a majority stake in the JV.
Qatar Investment Authority to invest $1b in India’s Reliance Retail Ventures
It will now hold a 0.99% stake in RRVL.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. 6 in 10 Gen Zs prioritise user experience and trustworthy reviews 2. Here are key consumer trends influencing pet care sales in 2024 3. South Korea’s Paris Baguette opens first Philippine store 4. Millennials and Gen Zs drive surge in demand for RTD iced coffee 5. What drives Australia's retail transformationAwards
Jun
11