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JioMart to boost online grocery retailing in India by connecting offline vendors with households

Reliance Industries Limited (RIL) had announced its entry into online grocery retailing via a new e-commerce platform, JioMart, in August 2019 and started a pilot for the same in Mumbai in January 2020. Through JioMart, it is planning to...

Limited choice and high prices caused Mothercare's demise, says GlobalData

Ahead of Mothercare’s demise at the end of 2019, the baby retailer was losing customers to competitors that offered greater choice and affordability, according to a survey by GlobalData, a leading data and analytics company. Amy Higginbotham, Analyst at GlobalData,...

‘Accessories specialists must target younger shoppers’

The outlook for the UK accessories market is bleak, with forecast growth of just 2.6 percent out to 2024, according to leading data and analytics company GlobalData. This makes it the worst performing category in the clothing sector. Kate Ormrod,...

Coronavirus will hit airport retail worldwide: GlobalData

Global airport retail sales are forecast to reach US$ 48.2 billion in 2020, up 6.1 percent on 2019, according to GlobalData, a leading data and analytics company. However, the escalation of the severity of coronavirus could now have a detrimental...

Tesco dropping plastic-wrapped multibuy packs is a step ahead of its rivals, says GlobalData

Tesco is taking the war on plastic to the next level, recently announcing plans to reduce 350 tonnes of plastic per year by getting rid of its plastic-wrapped multi-buy packs of beans, soups, sweetcorn and tuna. As well as...

India’s proposed changes in duty free purchase limits may dent the country’s duty free market growth prospects, says GlobalData

In January 2020, India’s Commerce and Industry Ministry proposed plans to limit duty free alcohol and cigarettes sales to inbound travellers – limit on alcohol bottles would be reduced to one bottle or one litre from the current two...

AI, sustainable practices to propel fashion retail in new decade

The Indian fashion retail industry has undergone radical changes in the past decade with technology, social media, artificial intelligence and digital commerce finding increasing usage among the consumers across demographics in the country. As the Indian consumer and retailer...

With field open to global retailers, the future holds promise for a mature economy

With the new decade around the corner, the Indian fashion retail business, which has witnessed the emergence and rapid influence of social media, interweaving of artificial technology across the various verticals of the fashion retail industry and the rapid...

‘Apparel companies wise up to green benefits of 3D tools’

Clothing brands and retailers are increasingly beginning to recognise that new 3D technologies not only have the potential to increase speed to market but can also help foster the move to greener garment production, writes GlobalData.Beth Wright, Apparel Correspondent...

Goldman Sachs leads GlobalData’s top 10 global M&A financial advisers league table in retail sector for Q1-Q3 2019

Goldman Sachs has dominated the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers in the retail sector based on deal value in the first three quarters (Q1-Q3) of 2019, according to GlobalData, a leading...
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Raymond posts 63% drop in Q2 profit to Rs 59 cr

Total income rose to Rs 1,100.70 crore during the July-September period of this fiscal from Rs 512.35 crore in...
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