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

Inside Retail

India and the luxury retail boom According to the Bain & Company-Altagamma Luxury Study report published last November (2022), the Indian luxury market is projected to expand by 3.5 Fueled by a burgeoning young population and affluent consumers exposed to global trends, luxury retail is experiencing rapid growth.

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India’s DTC boom: Fuelled by technology and Millennials

Inside Retail

Even if only a fraction of these users convert into consumers, it spells immense profitability for retail brands. This is precisely what direct-to-consumer (DTC) brands have been capitalising on in recent years. While bricks-and-mortar stores still dominate the retail landscape, online retail is on the rise.

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Why so many global brands fail in Australia

Inside Retail

They arrived with great fanfare but many international retail brands have found the Australian retail market has been a graveyard. Like many local retailers, the foreign entrants have not understood the multicultural market dynamic and lifestyle differences from their home markets, let alone the structure of the retail industry.

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Meet Missfresh, the Chinese grocery retailer offering 30-minute delivery

Inside Retail

Can you explain a bit about how Missfresh has grown in popularity since launching in 2014? Our DMW model offers an innovative solution to the growing consumer demand for high-quality product offerings and timely delivery, leveraging technological innovation. Inside one of Missfresh’s distributed mini warehouses in China.

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Retail appointments for the week

Inside Retail

This will allow us to improve the quality of our brand activations within Woolworths and drive greater strategic alignment across all consumer touchpoints,” Shedden said. Maedar, who has expertise in the international retail market and in premium and luxury brands,is the CEO of The KaDeWe Group, which he joined in 2014.

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Inside the rise of activewear in China

Inside Retail

shows that the sportswear market in 2021 was almost entirely recovered to pre-pandemic sales. This was mainly fuelled by Chinese consumers, who accounted for nearly 23 per cent of the growth, followed by the US market at 15 per cent. The post Inside the rise of activewear in China appeared first on Inside Retail.

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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

Figures from Euromonitor show that the number of convenience stores in Vietnam increased from just 565 in 2014 to 1289 by 2019 when revenues reached US$103 billion. Between between 2013 and 2018, the country’s retail market was growing at about 11 per cent each year – massive cumulative growth for any retail market in the world.

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