09 October 2023
09 October 2023
Uniqlo Phoenix Marketcity Kurla is the brand’s 11th brick-and-mortar store in the country.
The collaboration aims to expand CASETiFY's reach and diversify its distribution channels to connect with new markets and a broader audience.
The JV entity will buy Superdry’s intellectual property assets in India, Sri Lanka and Bangladesh for £40m.
The jewellery retailer expects to achieve revenue of DKr34-36bn by 2026.
The glassware brand Chef&Sommelier is branching out into the UK market with specially engineered wine glasses.
The consortium plans to inject €1.2bn of new money in the form of equity.
GlobalData’s latest report reveals that COVID-19 was a crucial factor in this growth as the pandemic lockdowns accelerated the shift to online shopping.
The funding will be used to increase its offerings as it prepares to launch new marketing initiatives across North America.
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Per GlobalData, the ecommerce market was valued at $5.9 trillion in 2022 and is expected to grow at a CAGR of >9% by 2027. The emergence of ecommerce has made it imperative that companies understand consumer behavior, deliver personalized service, and offer competitive pricing models. Ecommerce giants like Alibaba and Amazon dominate the space, supported by huge customer bases, robust mobile payment platforms, and technology expertise in areas like AI. Smaller players focus on disruptive business models, such as subscription services, to make their mark.
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