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India's apparel retail will continue to grow with rising incomes, increased demand for affordable fashions: Centrum
As per a research report by the financial advisory firm Centrum, looking ahead, the apparel market …
ANI
Digital payments in India to grow threefold—from 159 billion in FY24 to 481 billion by FY29: PwC
In terms of transaction value, the market is expected to nearly double during this period, expandin…
ANI
Baazar Style Retail IPO allotment – How to check allotment, IPO GMP, listing date and more
Kolkata-based Baazar Style Retail, a fashion retailer that sells apparel for men, women, boys and g…
How Prada is beating the odds and bucking the luxury slump
Thanks to coveted designs from Miu Miu and a company-wide turnaround strategy, Prada is one of the …
Madeline Berg
IPO Mania on D-Street to continue in October-November; Hyundai, Swiggy look to raise Rs 60,000 crore
As per reports, the Indian markets can expect around 30 IPOs before the end of 2024. The biggest of…
Retailers are highlighting two very different realities emerging among squeezed US shoppers
While Walmart, T.J. Maxx, and Nordstrom say middle-income shoppers are still spending, Dollar Gener…
Alex Bitter
Even retail's biggest comeback story isn't safe from economic worries
Abercrombie & Fitch's stock fell despite positive earnings after its CEO warned of economic uncerta…
Grace Eliza Goodwin
PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report
Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…
ANI
Gen Z's love of discount stores could send these 3 retail stocks soaring as much as 18%, Bank of America says
Amid high inflation, Millennials and Gen Z are increasingly shopping at TJ Maxx, Burlington, and Ro…
Kelly Cloonan
Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July
In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…
ANI
Apple's chief people officer, who reports directly to Tim Cook, is leaving the company after less than 2 years
Carol Surface, Apple's chief people officer, is leaving the company after a short tenure. Her depar…
Lloyd Lee
FADA urges banks to tighten funding to dealers as rains play spoilsport in August
Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…
JD.com plummets after Walmart sells its $3.6 billion stake in the Chinese retailer
Walmart acquired a 5% stake in JD.com in 2016 when it was seeking to level up its retail business i…
Matthew Fox
Auto sector poised for robust growth in July 2024 with double-digit surge in two-wheeler sales: Anand Rathi report
The surge is attributed to solid retail demand, estimated at approximately 15 per cent y/y, strateg…
ANI
China's population decline is having a big impact as marriages, diamond sales, and retail spending drop
Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what wa…
Jennifer Sor
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in Septembe…
Theron Mohamed
Costco, Starbucks, and other retailers double down on loyalty programs to win over thrifty Americans
As Americans get thrifty, retailers are turning to the tried-and-true strategy of loyalty programs …
Dominick Reuter,Alex Bitter
DoorDash is delivering for Lowe's, Ulta, and other retailers, and it's making UPS and FedEx nervous
Gig delivery services like DoorDash are growing the list of non-food retailers they work with, crea…
Alex Bitter
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…