GlobalData
Beauty & Wellness
Japanese cosmetic brand RMK turns to Tmall Global to tap lucrative APAC market, says GlobalData
Japanese cosmetics brand RMK has launched a new flagship store on Chinese e-commerce giant Tmall Global. The move is part of RMK’s larger focus to tap the lucrative Asia-Pacific (APAC) beauty market and create stable platform for beauty brands...
Research
New FDI rules in Indian retail sector reassure influx of investments, says GlobalData
The Ministry of Commerce of India has recently announced a slew of relaxations on single-brand retail’s FDI investments. The new FDI norms can be seen as an effort by the government to encourage investments and create employment opportunities over...
Research
Reliance Retail’s e-commerce foray with hybrid offline-online concept has potential to disrupt Indian e-commerce sector, says GlobalData
India-based Reliance Industries Ltd’s retail arm - Reliance Retail Ltd - has recently started pilot testing its food and grocery app amongst its employees in an attempt to compete with online giants Amazon.com Inc. and Walmart Inc.-owned Flipkart. This...
International News
43.3 pc of consumers spent on summer products this year due to heatwave, says GlobalData
The prolonged heatwave in the UK and major sporting events boosted spending on summer items such as outdoor and gardening products, BBQ food and holiday clothing, with consumers judging Tesco to be the retailer that had promoted its summer...
International News
£1.5bn spend freed up for retail survivors in 2018, says GlobalData
The UK non-food retail sector has become reliant on the demise of weaker operators to maintain growth for the survivors, according to GlobalData a leading data and analytics company.The company estimates at least £1.5bn will be released by failing...
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Latest News
Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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