Retail

How Gen Z and millennials are transforming luxury retail

By 2026, Millennials and Generation Z are expected to account for 75% of luxury goods buyers. This striking evolution is reshaping the luxury landscape, driven by younger, higher-spending, more demanding consumers. It also brings new trends to the forefront, such as the resale and rental of luxury goods. “The younger cohorts have been one of the big …

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Amazon’s Great Indian Festival 2023 saw a record number of new shoppers

The month-long Great Indian Festival 2023, which started on October 8, was one of the best ever shopping celebration for Amazon’s customers, sellers and brand partners across the country. This GIF witnessed a record of 110 crore customer visits, making it the highest ever. More than 40 lakh new customers shopped on Amazon India for the …

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The Story of Bengal’s Durga Puja Economy: Financial activity during the Puja season is now more vital to the state than ever before

As Bengal’s Durga Puja kicks off in earnest today, it is time to recognise that along with being a cultural extravaganza, it is an economic powerhouse in its own right. The festival brings together diverse communities and, in the process, fosters a financial ecosystem that involves transactions of significant amount across the state.  In the …

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CaratLane launched another store in Patna

CaratLane – A Tanishq Partnership, India’s leading Omni-channel jeweller, has launched another store in Patna. The new store is situated at HathwaRoad, which is a popular area in the city for shopping enthusiasts. The store will benefit shoppers who are looking for modern and beautiful jewellery, and the opportunity to try before they purchase. CaratLane …

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suCCess Menswear brand opened its largest Exclusive Brand Outlet at Patia Main Road, Bhubaneswar

suCCess menswear a popular Menswear brand, opened its largest Exclusive Brand Outlet with 3 floors catering to formal, casual and ethnic wear at Patia Main Road, Near Arcon Apartment, Bhubaneswar. Their range now extends beyond suits and blazers to encompass a complete attire collection, including shirt, kurta, trouser, denim, casual wear, and an impressive array of …

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KlubFox – exclusive Men’s clothing & Accessories store launched a showroom on Bettiah, Bihar

KlubFox – The exclusive Men’s clothing & Accessories store launched a showroom on Supriya Cinema Road, Bettiah, Bihar. Klub Fox retails exclusive menswear apparel offers curated, in-house and contemporary fashion at throwaway prices with collections in casual, formal as well as partywear with a wide range of blazers, jackets, sweatshirts, shirts, T-shirts, trousers, jeans and more. …

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Max Fashion inaugurated its first store in Dibrugarh

Max Fashion India, marked a significant milestone with the inauguration of its first store in Dibrugarh, marking their 12th establishment in Assam & 79th in the EasternRegion. Max Fashion’s decision to expand its reach to over 200 cities in India demonstrates their confidence in the Indian market. Max Fashion India was launched in May 2004 under the banner of the …

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Retail Jeweller East Forum ’23 Defines the Jewellery Market Structure

The retail jewellery market in India has been growing.  Here are some other facts about the jewellery retail market in India:  Chain stores: Chain stores have been gaining market share at the expense of stand-alone retailers. Omnichannel: Jewellers with an omnichannel presence are more likely to take market share from single-channel jewellers. Domestic gold jewellery: The domestic gold …

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