India
Reliance Consumer buys 51% stake in Lotus Chocolate
Reliance Consumer buys 51% stake in Lotus Chocolate
The aggregate consideration stood at INR74 crore.
Localism rises amongst Indian consumers
Local products offer better value for money and are more in line with consumers’ priorities.
Mobile wallets gradually displaces traditional payments in India: report
Payments through mobile wallets are expected to rise by 23.9% annually until 2027.
Reliance Retail net profit grows by 12%
Its net profit amounted to INR2,415 crore.
Indian consumers may shift to packaged spices, seasonings
Around 28% of younger millennials plan to switch to single spices and 35% to masala mixes.
Levi’s launches largest store in Asia
The store is located in Bangalore in India.
Around 1 in 2 working women in India consumes VMS: Mintel
Bone and digestive health, and immunity are the top three benefits they want from VMS.
How cosmetics brands in India could gain consumer loyalty?
GlobalData suggested that brands highlight their stance on equality issues.
Reliance Consumer relaunches Campa in bid to rival Coca-Cola, PepsiCo
Coca-Cola and PepsiCo currently dominate the Indian carbonates market.
Indians favour local over imported brands: Mintel
The support for local brands was driven by economic uncertainty and the climate crisis.
Amazon India integrates logistics network with ONDC
The cooperation aims to expand support to sellers.
Most Indian residents still prefer to shop online: survey
The urban diaspora was quick to adopt online shopping.
Shiseido launches NARS Cosmetics in India
It aims to ramp up its growth in Asia Pacific.
Steady global investor interest boosts India’s retail sector: report
The sector enjoyed robust growth from improved consumer confidence.
Reliance Retail enters Indian footwear market with V Retail acquisition
V Retail operates 32 stores under the Center Style brand.
BigBasket expected to expand customer base in offline entry
Consumers in India have continued to opt for offline stores.
Reliance Retail acquires footwear firm V Retail
Reliance Retail’s net profit in Q3 FY2023 jumped 6.2%.
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The Trade industry is beefing up its workforce to better handle complaints.
