Ahead of the festive season, a substantial 63 per cent of clothing retailers and manufacturers expect lower sales compared to last year, the Clothing Manufacturing Association of India (CMAI), an industry body, said in a report on Friday.
Noida (Uttar Pradesh) [India], September 24: Group 108, a trailblazer in the real estate sector, made a striking impact at MAPIC India 2024, held on 18th and 19th September at Jio Convention Centre, Mumbai. The event offered a remarkable stage for Group 108 to unveil its avant-garde retail s
The report suggests that the second half of 2024 could see an industry-wide volume demand increase of 18 per cent. Experts attribute this growth to the upcoming festive season, with retailers expanding their store networks to meet the expected rise in customer demand.
A recent analysis by CRISIL Ratings, which examined 58 gold jewellery retailers representing a third of the organised sector's revenues, indicates that the sector will benefit from improved working capital management.
Mumbai (Maharashtra) [India], September 4: VTEX (NYSE: VTEX), the composable and complete commerce platform trusted by 2,600 global enterprise brands and retailers, has acquired Weni, a leader in customer service solutions fueled by advanced AI. This acquisition strengthens VTEX's ability to
The future of retail lies in the ability to innovate using technology while staying true to your brand's core values, said Indian retail industry leaders during 'Chennai Retail Summit 2024' held by Retailers Association of India (RAI) in Tamilnadu's capital.
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the recently concluded India International Jewellery Show indicate a substantial increase in order bookings from retailers, particularly in preparation for the upcoming festive and wedding season.
Thrissur (Kerala) [India], August 24: Dig Virtual Pvt Ltd, a B2B web platform designed to seamlessly connect businesses, officially launched its website, www.digvirtual.com , on June 19, 2024 at a grand event held at Hyatt Regency, Thrissur. Incepted in October 14, 2023, this platform is
The integration of advanced technologies in the retail sector is becoming indispensable, Chief Financial Officers (CFOs) highlighted during an event organised by the Retailers Association of India (RAI).
Commerce and Industry Minister, Piyush Goyal raised concern about the functioning of E-commerce sector, saying that E-commerce is eating into the small retailers by giving heavy discounts on products.
CAP 2024-25 calls for quick resolution of high-priority tax demand cases, identification of above Rs 2 lakh cash transactions at high-risk sectors like hotels and luxury retailers and widening of the tax base.