As Marks and Spencer India reports ten percent like-for-like growth this past year, the English company now has more stores in India than in any country outside of England and 2018 will see continued expansion.
E-commerce firm Flipkart is in troubled waters as California based footwear company Skechers has filed a case against Flipkart and its sellers for selling counterfeit Skechers products on its platform.
The Digital Satisfaction Index (DSI) analyzes consumer satisfaction as it relates to digital retail. Lululemon topped the list for ease of digital shopping while Gap was found to be most trustworthy online.
The year 2017 has seen an array of Indian and international high street brands focus their attention on Tier 2 and 3 cities which have been identified as an untapped market but one that requires a different approach.
For the past nine financial quarters, Raymond Group has reported increased performance. Alongside the growth, the company is keen to ensure continued employee wellbeing, says Gautam Singhania, the Chairman of Raymond.
Indian beauty retailer Nykaa as part of its offline expansion plan has added an ‘On Trend’ store in Mumbai. The beauty retailer plans to add 30 brick and mortar stores over the next three years across India.