Boston Consulting Group Archives - Inside Retail Asia
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.
Luxury goods retailer Saks Fifth Avenue is making moves to open two stores in India.
Chinese youth are maturing fast and “poised to become dominant force” in retail.
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.
A Google-commissioned report shows mobile internet is growing at 23 per cent annually across major economies.
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” …
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…
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…
New report says consumption in India will touch $3.6 trillion in 2020.
Indonesia’s attractive demographics, strong investment climate and strong local demand are triggering significant consumer growth.
More Americans must recognise that China’s rising consumer market offers the largest growth opportunity in history for US companies, says BCG expert.
Chinese and Indian consumers are predicted to spend US$64 trillion between 2010 and 2020.