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fredag 24 februari 2017

India’s $600 billion market is not big enough for it to top global retail rankings

American retailers such as Wal-Mart Stores, Costco Wholesale, and The Kroger top Deloitte’s “Global Powers of Retailing 2017” ranking by turnover, followed by Japanese and German companies. In all, revenue for the top 250 retailers studied by Deloitte totaled over $4.3 trillion in financial year 2015.
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But organised retailers, who form only 10% of India’s $600 billion retail industry, are still only catching up.

https://qz.com/916568/indias-600-billion-market-is-not-big-enough-for-it-to-top-global-retail-rankings
https://www2.deloitte.com/au/en/pages/consumer-industrial-products/articles/global-powers-of-retailing-2017.html#

torsdag 16 februari 2017

Journalists are getting sacked across India but it’s still the only major market where print is growing

India’s newspaper industry is estimated to be worth over Rs28,000 crore. Many of its over 82,000 publications cater to small towns and cities and are printed in regional languages. Print attracts 30% of ad money but trails television, the most preferred medium among advertisers.

https://qz.com/910271/journalists-are-getting-sacked-across-india-but-its-still-the-only-major-market-where-print-is-growing/

torsdag 2 februari 2017

There are finally enough H&M stores in the world, H&M says

H&M operates more than 4,300 stores worldwide.

In the year ahead, the company plans to open around 430 new stores, entering new markets in Kazakhstan, Colombia, Iceland, Vietnam, and Georgia, among others. That’s about the same number of stores it opened in 2016, and represents roughly 10% growth of its current portfolio—in line with its former target.

H&M also plans to enter six new markets online in 2017, focusing on Asia. Shoppers in 35 of the 64 markets H&M serves could already browse and purchase clothes online by the end of 2016.

https://qz.com/900227/even-hm-thinks-there-are-enough-hm-stores-in-the-world/

onsdag 4 januari 2017

In 2017’s “new normal,” luxury brands will have to work a lot harder to sell their pricey goods

Last year a bad one for many companies selling expensive fashion, handbags, and jewelry. For the first time since the financial crisis of 2008, the global market for personal luxury goods failed to grow, stalling at €249 billion (about $258 billion).
The good news is that 2017 should see a return to growth, according to a Dec. 28 report on the global luxury market by management consulting firm Bain & Company.
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Digital sales will keep growing. Last year they accounted for 8% of the industry.