India Latest News - Inside Retail Asia
Indian fashion chain W expands into footwear
Indian women’s fashion chain W is expanding its business into footwear, preparing to sell shoes in more than 80 W stores across the country.
Mass job losses in Indian retail feared as malls closed
Retail Association of India CEO Kumar Rajagopalan has said that if the country’s retail lockdown continues through to June, 30 per cent of retailers will collapse and 1.8 million jobs will be lost.
McDonald’s logo changed to promote social distancing
International fast food chain McDonald’s logo has been altered in some global markets to emphasise the importance of social distancing during the coronavirus crisis.
Reliance Retail buys Indian department-store chain
Reliance Retail Ventures Limited has bought Indian retailer Shri Kannan Departmental Store for US$20 million.
Malls in India seek government aid during shutdown
Malls in India affected by the coronavirus outbreak are seeking a bailout from the government to compensate for losses incurred during a mandatory shut down period through to March 31.
Digital payments in India rise as consumers stay home
Digital payments in India have risen by 10 per cent over the last month, despite a 30-per-cent decline in online travel spending.
India’s Flipkart applies for food-retailing licence
Indian e-commerce platform Flipkart has filed for approval from regulatory authorities to conduct food retail in the territory.
Giordano to focus on global expansion as sales fall in greater China
Giordano group sales fell 11.9 per cent last year to US$624.6 million with sales at physical stores falling by 9.6 per cent and to franchisees by 24.2 per cent.
Indian retailers in Samsung boycott over online discounts
Indian retailers are staging a three-day Samsung boycott in response to the firm’s exclusive discounting deals with e-commerce operators.
South Korean fast-fashion brand 2358 to open 100 stores in India
South Korean fast-fashion brand 2358 says it plans to open 100 stores in India by the end of this year.
Reliance Brands plans to launch a luxury-fashion portal online
Indian conglomerate Reliance Brands is launching a luxury fashion in e-commerce portal through its online fashion site Ajio.
H&M in India eyeing smaller cities
H&M in India is planning a broad expansion beyond tier I cities into smaller population centres.
