13 Dec

Retail Industry News;’

Amazon India has witnessed an 80 percent increase in its seller base to 2.7 lakh and the majority of the merchants are from Tier II cities and beyond, revealed the company’s India Director and GM, Gopal Pillai. The e-commerce mammoth is reportedly also gearing up to increase its investment by twofold on its seller app, which has already seen over a million downloads, next year. The app is essential for those who are interested to become a seller on the Amazon’s e-retail platform. Around 27,000 o

8 Dec

Retail Industry News'”.

Amazon has officially launched its Australian arm. The country has now become the 13th market in the world to have its own dedicated Amazon site after Brazil, India, Japan and Spain, to name a few. The launch of Amazon’s Australian website has come just before and New Year. The arrival of the retailer will give a tough competition to existing players like Kogan, The Iconic, Lorna Jane, Stylerunner, etc. The company reportedly claims that ‘higher than ever orders’ were placed across 23

24 Nov

Retail Industry News”

GAP Inc., the US-based apparel retailer, has recently opened its fourth store in Delhi-NCR. The latest addition takes the India total for the brand to 11. The newly inaugurated store is located on the Ground floor of Pacific Mall (Tagore Garden) in New Delhi. The mall is one of the capital’s premium shopping, entertainment and leisure destinations. Kidswear, menswear, womenswear and other fashion products are up for grabs at the store, spread over an area of 4,500 square feet. GAP already has it

22 Nov

Retail Industry News::.

Urban Outfitters Inc., a portfolio of global consumer fashion brands comprised of Anthropologie, Bhldn, Free People, Terrain, Urban Outfitters and Vetri Family brands, has reported financial results for the third quarter ended October 31, 2017. During the period under review, the fashion company reported a 3.5 per cent increase in its net sales as compared to the same period last year. Comparable retail sales including the direct-to-consumer channel, increased by 1 per cent. Brand-wise, comparab

18 Nov

Retail Industry News;;

Walmart Stores Inc. registered an increase in its revenue during the third quarter of the current fiscal owing to a surge in online business clubbed with other developments. During the quarter, the American retail witnessed a 4.2 per cent increase in its revenue to US $ 123.2 billion. Its comparable sales also increased by 2.7 per cent. Additionally, Walmart International noted a 4.1 per cent surge in net sales to US $ 29.5 billion. The retailer further claims that its online sales increased by

16 Nov

Retail Industry News.:

’s Sporting Goods has appointed Paul Gaffney as its new Chief Technology Officer, effective November 20, 2017. Paul’s appointment has come at a time when the sports company is growing every day through its digital transformation efforts. ’s Sporting Goods is hopeful of noticing an immediate positive impact on the company once Paul assumes charge. He was responsible for the organisation’s software engineering, user-centred design and applications. At ’s Sporting Goods, Paul will be re

10 Nov

Retail Industry News .

American chain of variety stores Dollar General Corporation will soon become the first ever recipient of President’s Veterans Recognition Award by Coca-Cola. Under the initiative launched by Dollar General, veterans, active military personnel and their families get exclusive discounts at the retailer’s stores. The company also initiated a move to ensure a smooth transition of service members to a civilian life by creating employment opportunities. It also a Paychecks for Patriots programme, whic

9 Nov

Apparel Industry News

US-based retail Walmart has revealed its plans to increase import of garment, footwear and luggage products from Cambodia. Walmart executives recently met Cambodian Labour Minister Ith Samheng in Phnom Penh to discuss the possibilities. Walmart has been among the big players who source garment products from Cambodia. In the first six months of 2017, garment and footwear exports from Cambodia to the US noted a 6.9 per cent increase to US $ 3.7 billion, informed the Labour Ministry.

7 Nov

Retail Industry News.,.,

American retail company Kroger has initiated a strategic move to counter the rising competition from rivals such as Amazon and Walmart. The retailer has announced to launch its own clothing label named “Our Brands” for both children and adults which will hit the market by fall 2018. The debut collection will be available for sale at 300 of the retailer’s Fred Meyer department stores and Marketplace superstore locations. Further details of the clothing line are yet to be revealed. According to Kr

6 Nov

Fashion Industry News

PVH-owned fashion brand Tommy Hilfiger is relaunching its denim products under the new name ‘Tommy Jeans’. The logo of the new brand ‘Tommy Jeans’ is inspired by ’90s American denim classics with a modern twist and will continue to feature the iconic ‘stretch flag’. The fashion retailer observed a huge demand for its products amongst the youth. This propelled the company to ‘rebrand’ its label and bring the heritage aspect back to the market. The denim range under the new name will hit the marke