Japanese sanitary goods maker Unicharm that outpaced Procter & Gamble in several Asian countries in disposable diapers segment over the past decade is now within striking distance of its American rival in India, too.
The digitisation platform is a marketing and data analytics startup that enables local retailers to attract customers with a mobile-based loyalty programme.
Ecommerce marketplaces Amazon and Flipkart have lined up promotions this month and next to clear inventory. Discounts will be offered across a range of products, including electronics and smartphones. The trend of bringing forward winter sales from the usual time of end-December or early January started two years ago, following poor business in the preceding months.
"This is in half the time that brick and mortar retail took to evolve. That said, these channels are not cannibalizing each other, and all continue to grow with e-comm outpacing modern trade and traditional trade," said Sharang Pant, Head-Retail Measurement Services and Retailer Vertical, South Asia, Nielsen Global Connect said.
The maker of Bira craft beer, saw the slowest growth ever due to production delays while losses doubled after an expensive nationwide marketing deal, in a crowded market dominated by mainstream brands.
The Indian market is notoriously value-conscious, and Ikea merchandise are rarely easily affordable.
Data for September just showed a sharp recovery, even as economy is likely to have slipped further.
The CCI has given nod to Amazon.com's proposal to acquire about 49 per cent share in Future Coupons.
This is in addition to its innovation sourcing fund created a year ago where the maker of Pantene shampoo and Ariel detergent spent Rs 200 crore. P&G is hosting an event to identify potential partners where sustainable solutions providers in packaging innovations, renewable sources of energy and reducing carbon footprint can pitch to P&G’s leadership team.
The numbers bear witness. Over the past decade, India’s jeans market trebled to Rs 21,993 crore, according to Euromonitor. And last calendar year's growth at 14% is the highest since 2009. Denim has been growing by 9-11% over the years and global brands such as Zara, H&M, Jack & Jones and Gap helped grow the market over the past decade.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon