I recently wrote a post published in Fibre2Fashion with the following title “2021: Fashion Retail Diagnosis and Action Plan“. This is a brief overview of it: 2020 is probably the worst year ever for many people: Covid-19, social movements, terrorism, populism, hurricanes, wildfires… You may have lost a close friend
COVID-19 has changed virtually everything about retail. Retailers may never before have considered operating their business without a single customer inside of their store, and yet, this is now reality for retailers in states facing restrictions or total lockdowns. Despite such radical changes, certain trends that existed before COVID-19 remain
NEW DELHI: In a significant development related to war between e-commerce giants and traders of India, the government has directed the Enforcement Directorate and Reserve Bank of India to take necessary action against Amazon and Walmart-owned-Flipkart. The Centre has taken strong cognizance of various complaints made by the Confederation of
The retail world is currently facing rapid evolution. Market trends are fluctuating at an unprecedented pace, prices are as competitive as they’ve ever been, and customers are holding companies to ever-higher standards. The only way to keep up is with a pricing analytics software that enables you to strategize in
Amazon.com Inc said on Wednesday it would acquire podcast startup Wondery, aiming to beef up non-musical content on its Amazon Music app. Earlier this month, the Wall Street Journal reported that the firms were in deal talks, pegging Wondery at a valuation of more than $300 million. Amazon is relatively
It was an unprecedented year that none of us will forget. The coronavirus pandemic shook the world of business and economics to its core and continues to have profound, often unpredictable effects, some of them permanent. It hasn’t all been about Covid-19 though. 2020 also witnessed the usual corporate chicanery,
As the global economy is gradually transitioning from the respond phase to the recovery phase, India is also looking at riding on the festive wave and positive consumer sentiments to return to normalcy. According to a Deloitte survey titled ‘Demystifying The Indian Consumer Behaviour: Gleam Of Festivities Overpowering the Pandemic-Induced