Online sellers are gearing up for a promising festive season in 2023, expecting a significant uptick in sales after a rocky first three quarters of the year. A report by Redseer Strategy Consultants highlighted the optimism among sellers, with at least a 15 per cent year-on-year (YoY) jump in festive sales anticipated. The report, based […]
Adding a stride to ‘Make in India’ initiative, major electronic manufacture HP on Thursday announced a partnership with Google to manufacture its Chromebooks in India. The devices will be manufactured at the Flex Facility, which is located near Chennai, where HP has been producing a range of laptops and desktops since August 2020. The company […]
In today’s landscape, there’s a perception that ecommerce is on the rise, but the facts tell a different story. Bricks and mortars still remain a very important part of the electronics market, said Sanjeev Mehtani, Chief Sales Officer, Acer India in an exclusive conversation with BW Retail World. “Reports indicate that 54 per cent of […]
Consumers across India are bullish, excited and more eager than ever to shop online during this festive season, as per a study conducted by Nielsen Media India, on behalf of Amazon India. 81 per cent indicated strong sentiment and intent; 78 per cent trust online shopping and 1 in 2 intend to increase online spending, […]
Myntra, the fashion, beauty and lifestyle ecommerce platform has introduced a conversational AI-powered chatbot, Maya, to make customers’ shopping experience more seamless and customised, while helping them expedite their decision-making. With its elevated capability, Myntra’s virtual fashion influencer, Maya, transcends serving fashion inspiration on social media, to now also extending AI-backed shopping assistance on the […]
Winni, the online gifting platform, has launched its premium range of chocolates to fulfill the massive demand it has experienced in the last 5 years in tier-2 & tier-3 cities. The company has sold Rs 75 crore worth of chocolates in the last 5 years which the sale from tier 2, and tier 3 has […]
About 4.5 million televisions were shipped to India in the first half of 2023 with an increase of 8 per cent on a yearly basis. According to a report by International Data Corporation (IDC), frequent sales by e-tailers, multiple new launches, and clearing of old inventory before the festive season starts, fuelled the growth. IDC […]
Shein is taking steps to expedite shipping times for its customers in the United States by sending more low-priced apparel and home goods to its U.S. warehouses from China. This strategic move, revealed through data from the global trade analysis firm ImportGenius and exclusively shared with Reuters, aims to reduce the wait times that many […]
Malabar Gold & Diamonds, the gold and diamond retail chain opened its 1st store in Dehradun, Uttarakhand in the presence of Minister Ganesh Joshi, State Cabinet Minister of the Government of Uttarakhand. This is Malabar Gold & Diamonds’ 24th store in the North region. Commenting on launching the showroom, M P Ahammed, Chairman, Malabar Group […]
Apple is reportedly planning a substantial expansion of its production operations in India, to increase its production value to approximately USD 40 billion over the next four to five years, as per undisclosed government sources cited by news agency PTI. These sources indicate that in the previous fiscal year, Apple achieved a production milestone by […]
