Boston Consulting Group Archives - Inside Retail Asia

Why brands should embrace the second-hand luxury market

New research shows that global sales in the second-hand luxury market are expected to grow at an average rate of 12 per cent year-on-year.

Saks Fifth Avenue eyes India

Luxury goods retailer Saks Fifth Avenue is making moves to open two stores in India.

Chinese youth to be dominant force in retail

Chinese youth are maturing fast and “poised to become dominant force” in retail.

China retail consumption to jump 50%

China retail consumption will jump 50 per cent to $6.5 trillion by 2020, with online transactions accounting for half of that growth, according to new research.

Mobile internet will top $1.55 trillion

A Google-commissioned report shows mobile internet is growing at 23 per cent annually across major economies.

China’s Haier recognised

Chinese appliances maker Haier has been recognised by Fast Company as one of the world’s most innovative companies. Business media brand Fast Company has also rated Haier as one of China’s 10 leading innovative companies. In its recently published 2014 rankings, which track leadership in innovation, Fast Company highlighted Haier’s “bold approach” by allowing employees to self-organise. Fast Company recognises Haier’s creation of a “flat management structure”, a “management revolution” …

Chinese, Indians remain bullish

The economic slowdown has failed to dim consumer optimism in developing markets like China and India. A Boston Consulting Group (BCG) study has found that while consumers in developing markets like Brazil, China and India plan to tighten their belts in the near term, their long-term outlook remains far more bullish than that of consumers in richer economies. It says that recent economic challenges are prompting many consumers in Brazil, China and India to trim their spending plans in the n…

Grocers can be profitable online

Consumers around the world want to do more of their grocery shopping online, and this demand is fueling a market that is expected to grow to $100 billion by 2018. And according to researcher Boston Consulting Group, there are four fundamental elements to build a successful online grocery business: Don’t wait. Seize the opportunity now to lock in core customers and drive share. Avoid the costly last mile. Start out with the click-and-collect model and add home delivery only once sufficie…

Indian consumption to triple

New report says consumption in India will touch $3.6 trillion in 2020.

Indonesia offers ‘new wave’ of opportunity

Indonesia’s attractive demographics, strong investment climate and strong local demand are triggering significant consumer growth.

Americans wary of China’s growth

More Americans must recognise that China’s rising consumer market offers the largest growth opportunity in history for US companies, says BCG expert.

China, India see spending boom

Chinese and Indian consumers are predicted to spend US$64 trillion between 2010 and 2020.