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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

In response, these brands have discovered an alternative path to capitalise on this transformation by forging partnerships with locally respected brands to synergise their efforts in luxury retail. Fueled by a burgeoning young population and affluent consumers exposed to global trends, luxury retail is experiencing rapid growth.

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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.) Vincom also wants to juice up its market position by introducing first-to-market brands, including Dolce & Gabbana Beauty, Lush and Bath & Body Works.

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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Retail at the end of the world: How JB Hi-Fi aims to disrupt the NZ market

Inside Retail

Australian consumer electronics giant JB Hi-Fi announced a major expansion of its New Zealand operations last week , unveiling plans to double its store count in the next three to five years. The group eventually decided to “double down” on the New Zealand market, and invest in building it up as the broader retail market recovered.

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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