New research underlines the importance of friend referrals for brands with over 40% of UK consumers put off shopping with a particular label or store if they’d heard a bad report of it from someone close to them.
JD Sports’ founder David Makin and business partner John Wardle are reported to be about to float their Footasylum sports shoe chain with an IPO potentially putting a value of around £150 million on the business.
Flipkart’s fashion arm Myntra has announced that it is confident in its ability to turn profitable by the end of the fiscal year. The retailer is pursuing this is through an even split between online and offline retail.
Taneira launched its first trunk show in October 2016 and, a year later, the company currently has two pilot stores and will be adding more to their list as well as showing their designs country-wide with pop up shops.
Straight after opening Project Eve multi-brand stores in three metros, Reliance Retail announced that it has aggressive expansion plans for their new retail format and they aim to reach the country’s top ten cities.