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From China to India, how the world’s retail markets stack up: report

Inside Retail

Kearney, a renowned global consultancy firm, recently unveiled its latest findings in the 2023 Global Retail Development Index (GRDI) report , shedding light on emerging market potentials and strategic pathways for retail expansion. trillion in 2022 and grew at a CAGR of 8 per cent from 2017 to 2022.

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Global luxury brands find safer passage into India’s premium retail market

Inside Retail

This strategy is perceived as a safer bet for international brands, as domestic players possess an intimate understanding of the market, while global entities bring substantial financial resources and brand prestige to the table. times by 2030, reaching a staggering US$300 billion. million within the next three years.

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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Bear in mind, though, that the bar was set low because leasing revenue in the first quarter of 2022 fell 27 per cent from the corresponding period in 2021.) The real engine of occupancy growth is likely to be the expansions of the latter. Overall company leasing revenue was up 54 per cent, year over year. So far, it’s doing the trick.

Expansion 130
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What does Apple’s Indian expansion plan mean for the mobile landscape?

Inside Retail

As the world’s second-largest smartphone market, India is crucial for Apple’s growth. While the company has been shifting its production from China to India due to geopolitical tensions, its retail market in the world’s most populous country has not been as strong. appeared first on Inside Retail.

Expansion 130
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Here is what’s driving Danish retail giant Bestseller’s success Down Under 

Inside Retail

Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives. One example of this is the recent expansion of Vero Moda.

Fashion 236
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Skechers continues to make its mark in the Singapore marketplace

Inside Retail

The brand’s Japanese anime collaborations, such as One Piece, Pokémon and, more recently, Demon Slayer, have also done exceptionally well in the market, laying the groundwork for further expansion in the region. “We She noted that culture and weather play a huge role in shaping the Singapore retail market. sale last year.

Apparel 246
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India’s DTC boom: Fuelled by technology and Millennials

Inside Retail

Brands such as Boat, Wow Skin Science, Sugar Cosmetics, Lenskart , Licious, and Mamaearth have carved out a niche in the Indian retail market by connecting directly with consumers. Estimates suggest that India is now home to over 800 DTC companies, with the ecosystem’s market value reaching about US$12 billion in 2022.