GlobalData
Big Grid
Privately-owned new umbrella entities to disrupt retail payment space in India: Report
The approval of new umbrella entities (NUE) licensing by the Reserve Bank of India (RBI) will lead to increased private participation in the Indian digital payments space, which is currently dominated by state-owned National Payments Corporation of India (NPCI)...
Big Grid
Direct-to-consumer offers new opportunities to APAC retailers amidst COVID-19 scenario
The benefits offered by the direct-to-consumer (DTC) model make it very attractive and lucrative for both ‘well-established’ as well as upcoming retailers operating in the Asia-Pacific (APAC) region, especially amidst the current COVID-19 scenario, says GlobalData, a leading data...
Fashion
APAC to account for over 40% global menswear and womenswear market by 2024: GlobalData
High population density, increasing Internet penetration, economic growth and the increased spending ability of the consumers offer huge growth potential for menswear and womenswear sales in the Asia-Pacific (APAC) region. As a result, the APAC market is forecast to...
Big Grid
APAC formalwear retailers must adapt to WFH trend to stay relevant: Report
With work-from-home continuing to be a precautionary measure in 2021 to safeguard employees from the COVID-19 pandemic, formalwear retail brands in the Asia-Pacific (APAC) region need to revisit their strategies to operate and compete in the market, says GlobalData,...
Fashion
Asia-Pacific to lead global jeans market growth, reveals GlobalData
The emerging markets across the Asia-Pacific (APAC) region are set to play a crucial role in the revival of the global jeans market to its pre-COVID-19-pandemic level growth by 2022, says GlobalData, a leading data and analytics company.GlobalData’s research...
Big Grid
India’s beverages industry declines in Q4 2020 as consumers remain reluctant to step-out: GlobalData
Despite the Indian government’s efforts to the drive the economic activity, people remain reluctant to travel and dine-out, driving down the ‘on-trade’ volumes of beverages, says GlobalData, a leading data and analytics company.GlobalData’s report, ‘India Beverages Consumption Trends and...
International News
eBay ramps up hires in the US and Germany to strengthen user engagement
eBay’s recent hiring trend reveals that job postings in the US and Germany contributed to 50% and 20% of its total job postings, respectively, since January 2021, finds GlobalData, a leading data and analytics company.Ajay Thalluri, Business Fundamentals Analyst at...
Big Grid
Top 3 features which will keep fast fashion retailers relevant in the post-COVID apparel market
Customers are mindful of the adverse environmental impact of fast fashion. Sustainability and ethical awareness are influencing the industry to make dynamic changes such as digitization, circularity and transparency in business practices that will help brands in the long-term,...
Big Grid
Hiring surpasses pre-COVID levels as India completes one year of Janata Curfew
Hiring activity across various sectors in India, which recorded a continuous decline in the second quarter of last year due to the unprecedented lockdown measures, has been on a gradual growth trajectory since the third quarter of 2020 and...
Retail
New tech creating packaging from orange peel capitalizes on socially responsible products: GlobalData
panish food manufacturer, AMC Natural Drinks, is taking steps to embrace environmental responsibility by launching its first ever plastic-free bottle made with citrus peels. This novel technology can help to avoid food waste, as well as reduce greenhouse gas...
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Latest News
Chandni Chowk Wedding Festival draws 1.56 million visitors at Omaxe Chowk
More than 75 brands across fashion, jewellery, and lifestyle from Chandni Chowk and Omaxe Chowk came together for the...
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