Amazon.com is making a push for merchants on its website to sell goods into other countries, setting the stage for greater competition with rival marketplaces run by eBay and potentially Alibaba Group Holding.
Cotton planting in India could fall 12 percent in the 2018/19 crop year as infestation by the pink bollworm has slashed farmers’ incomes and prompted them to choose other crops, industry officials said.
German sportswear brand Puma outlined new mid-term targets on Tuesday, expecting to lift currency-adjusted sales by around 10 percent a year up to 2022 and raise its operating profit margin to about 10% of sales by then.
Most US and Canadian buyers prefer to be left alone as they shop in store for items like apparel and prefer to use in-store technology for customer service over attention from store employees, said a new study.
Flipkart will no longer be bearing such a large percentage of discounts offered on merchants’ products as part of sales promotions and will now be asking merchants themselves to bear 60 percent of discounting.
On March 19, the Reserve Bank of India (RBI) gave Future Group’s subsidiary, Future Retail, approval for raising its limit on registered portfolio foreign investors (RPFI) to 49 percent of its paid up capital.
Arvind Ltd is hoping to reach 10,000 crore rupees (approximately 1.5 billion US dollars) in textile based revenue in the next four to five years as it will also invest heavily in capacity enhancement and new facilities.