The Indian Government has invited Uniqlo, the Japanese global apparel brand under Fast Retailing, to invest in the PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks. This initiative aligns with India’s vision of developing a sustainable and competitive textile industry. The move comes as the world shifts focus toward sustainable and traceable textile practices. By inviting Uniqlo, India aims to boost its textile...

Accenture has launched a report titled "The Empowered Consumer," based on a survey of 19,000 consumers across 12 countries, including India. The research highlights that 76% of Indian consumers feel overwhelmed by too many choices, and 74% say they are bombarded by advertising. Consequently, 88% have abandoned purchases in the last three months of 2023. The Challenges of Decision-Making The report emphasizes that Indian consumers face...

Wipro Limited has announced the expansion of its retail-focused capabilities within Wipro VisionEDGE+. This enhanced offering, developed in partnership with Cisco and AT&T, and leveraging Amazon Web Services (AWS), serves as a comprehensive retail transformation platform designed to unlock the full potential of the retail media network. Introduction to Wipro VisionEDGE+ Wipro VisionEDGE+ is a state-of-the-art platform aimed at revolutionizing the retail media landscape. Recognizing that...

Jio Financial Services (JFS) is preparing to make a significant move in the device leasing market with a deal valued at Rs 36,000 crore with Reliance Retail Limited (RRL). This strategic initiative, which involves the acquisition of telecom equipment and devices, marks a major step for JFS as it ventures into the Device-as-a-Service (DaaS) model. The proposal, outlined in a postal ballot notice from...

LuLu India, part of the UAE-based LuLu Group International, is making significant strides to enhance its presence in the Indian fashion retail market. Known for selling an impressive array of over 100 lifestyle and apparel brands through its extensive network of malls and outlets across India, LuLu is set to solidify its foothold further. Shareef K.K., Regional Director at LuLu Group, emphasized the group's...

Malabar Gold & Diamonds, the world's sixth-largest jewelry group, has achieved a landmark annual global turnover of Rs 51,218 Crore Indian Rupees in the last financial year, marking a significant milestone in its journey. This remarkable growth underscores Malabar Gold & Diamonds' rapid ascent as a trusted jewelry brand worldwide, ranking 19th in Deloitte's Global Ranking of Luxury Products. Strategic Expansion Drives Success In just three...

In recent years, ethical consumerism has become a driving force in the retail industry, with consumers increasingly prioritizing sustainability when making purchasing decisions. As a result, retailers are under pressure to adopt more sustainable practices throughout their operations. In this blog, we will explore how retailers are meeting the demand for ethical consumerism through sustainable retail practices. Sustainable Sourcing and Supply Chain Transparency Retailers are prioritizing...

In recent years, the allure of receiving a carefully curated box of products at the doorstep on a regular basis has captivated consumers worldwide. From beauty and fashion to food and fitness, subscription box services have infiltrated diverse industries, offering a convenient and personalized way for customers to discover and enjoy new products. Consumer Appeal: Subscription box services have gained popularity due to the...