Year: 2024

Revolutionizing Retail: The Major Transformation of the Online Shopping Landscape

Fashion / By

The future of online shopping is set for a major transformation. Now, the landscape has evolved dramatically. Several emerging trends are poised to revolutionize how we shop, sell, and engage with customers online. Here are the key trends expected to shape the industry in 2024: 📌  Social Commerce: Social media platforms like Instagram and Facebook …

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Unveiling Tata’s Misbu: A Strategic Blueprint for Dominating the Beauty Market

Fashion / By

Tata’s Misbu: A Blueprint for Beauty Market Success Tata’s entry into the beauty sector with Misbu echoes its triumph with Zudio. The strategy involves applying its fast-fashion model to the cosmetics field. By utilizing its vast retail network and in-depth knowledge of Indian consumers, Tata aims to shake up the beauty market. Misbu’s appeal is …

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MapmyIndia Issues Legal Notice to Ola, Accusing Use of Data for Ola Maps Development

Retail / By

Map my India has issued an intellectual property legal notice to Bhavish Aggarwal‘s Ola, accusing the ride-hailing company of using its data to develop Ola Maps as reported by Forbes. Ola Maps serves as the in-house navigation and location service for Ola. Map My India is owned by CE Info Systems. The complaint alleges that …

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Kolkata Airport to Undergo ₹5,000-Crore Expansion, Marking a Major Transformation

Retail / By

Kolkata Airport is set to undergo a significant transformation with an Rs 5,000-crore expansion plan. The project will introduce a new integrated terminal for both domestic and international travellers, designed to handle 1.1 crore passengers annually. Construction will begin next August with the demolition of the old domestic terminal and air traffic services building. According …

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Removal of Angel Tax and Revision of Section 56 of the IT Act: A Major Boost for Domestic Companies and Investors

Retail / By

The proposed removal of the Angel tax, specifically the revision of Section 56 of the IT Act, represents a major advancement for domestic companies and investors. Initially introduced to prevent value manipulation among resident taxpayers, the tax was later extended to non-residents, raising significant concerns within the industry. Angel tax, as outlined in Section 56(2)(viib) …

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Fashion Brands Explore Quick Commerce with Blinkit

Fashion / By

Imagine purchasing from your favourite fashion brands through a rapid delivery service like Blinkit. Many fashion brands are now exploring quick commerce options. Sidhant Keshwani, founder and CEO of Libas, revealed in an interview that they are poised to make a significant move by testing out Blinkit’s fast delivery platform. They plan to launch the …

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Luxury Brands Embrace Direct Consumer Engagement in India: Christian Dior, CHANEL, Gucci, and More Lead the Way

Fashion / By

Luxury brands such as Christian Dior Couture, CHANEL, Gucci, Burberry, Versace, Louis Vuitton, HUGO BOSS are embodying the principle of engaging directly with their consumers where they reside. This strategy also reflects the concentrated nature of luxury consumption in India. Interestingly, the CEO of Bvlgari notes that only 40% of luxury consumption in India originates …

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By 2028, One-Third of Indian Food Outlets to Be Quick-Service Restaurants, Market Share Rising to 29%

Food / By

By 2028, nearly one-third of food outlets in India are expected to be quick-service restaurants (QSRs), with their market share increasing from 19% in 2018 to an anticipated 29%, according to market Intelligence firm 1Lattice. In contrast, other restaurant formats such as casual dining, frozen dessert/ice cream, pubs, bars, cafés, lounges (PBCL), and fine dining …

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Unlocking Opportunities: AEPC Highlights Potential of Indian Garment Exports to Japan

Retail / By

Unlocking Opportunities: IndianGarmentExport Potential to Japan, AEPC Emphasizes The AEPC highlighted the significant export potential of Indian clothing businesses to Japan, urging the domestic industry to fully utilize the bilateral FTA. AEPC plans to lead a delegation to the India Tex Trend Fair in Tokyo started from July 23, featuring over 200 exhibitors including prominent …

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West Bengal Government Commits ₹10,000 Crore to Expand Calcutta Leather Complex, Boosting Jobs to 750,000

Retail / By

The Government of West Bengal has pledged ₹10,000 crore towards the expansion of the CALCUTTA LEATHER COMPLEX LTD., a move expected to create 250,000 new jobs. This substantial investment aims to elevate total employment in the sector to an impressive 750,000 positions. Key Benefits: 🔸 Employment Boost: This investment will open up numerous opportunities, significantly …

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