20 mn to shop using e-com in Indian festive sale: RedSeer

2018/09 17 03:09

About 20 million people are likely to shop on e-commerce platforms during the festive sale period in October, resulting in sales of $3 billion for firms like Amazon and Flipkart, says a report by RedSeer Consulting. About 13-24 million shoppers had transacted on such sites during the five-day festive sale last year and 10 million […]

HanesBrands & Alternative unveil new NPF collection

2018/09 17 03:09

Courtesy: Hanesbrands HanesBrands, a leading manufacturer of everyday basic apparel, has introduced its first line of Hanes women’s apparel and a unisex collection from Alternative, in collaboration with the National Park Foundation (NPF). Alternative brand from HanesBrands is a unisex line of clothing with artist-designed, vintage silhouettes of iconic national parks. HanesBrands and the NPF, […]

India’s petrochemicals policy to focus on sustainability

2018/09 17 03:09

India is formulating a policy for petrochemicals giving importance to sustainability and green practices to address significant gaps in basic feedstock, according to P Raghavendra Rao, secretary, department of chemicals and petrochemicals in the chemicals and fertilizers ministry. The aim is to make the policy more action-driven and not prescriptive, he said. Considering the feedstock […]

Dong-Jin Textile deploys Karl Mayer’s 125,000th machine

2018/09 17 03:09

Courtesy: Karl Mayer Karl Mayer, a leading textile machinery manufacturer headquartered in Germany, has announced that Korea’s Don-Jin Textile has installed the 125,000th jacquard raschel machine by Karl Mayer, RSJC5/1EL, in the spring of 2018. Dong-Jin Textile is one of the most well-known players in the sports shoe fabric sector and works for big brand […]

Virtual reality not important to in-store shoppers: Survey

2018/09 17 03:09

Courtesy: Bazaarvoice Virtual reality features are not important to about 48 per cent of the respondents who were surveyed regarding digital in-store experiences by a digital marketing company. In-home voice assistants, like Amazon Echo and Google Home, are growing in adoption, but 65 per cent of shoppers do not consider them important to the customer […]

Online shopping festivals beneficial for retailers: Report

2018/09 17 03:09

Courtesy: Fung global retail Internet giants Amazon, Alibaba and JD.com are reaping the rewards of, and facing the challenges created by, the success of their respective online shopping festivals Prime Day, Singles’ Day and 618, as per a recent report. They also impact the participating brands and third-party retailers, due to the traffic generated by […]

Americans plan to spend less on fashion in Autumn: survey

2018/09 17 03:09

Affirm, the US firm founded by entrepreneur Max Levchin to provide fair alternatives to traditional credit, recently launched the ‘Shop with Affirm’ fall fashion campaign, while releasing findings of a survey on how Americans plan to shop and pay for apparel purchases this Autumn. The campaign aims at making great brands accessible to more customers. […]

Retailer Joann Stores selects Tyco Retail’s ShopperTrak

2018/09 17 03:09

Courtesy: PR Newswire/Joann Joann Stores, a leading fabric and craft retailer, has selected Tyco Retail Solutions’ ShopperTrak in-store traffic analytics solution to provide insights for the company’s 870 stores. Tyco Retail Solutions, part of Johnson Controls, is a provider of analytics-based loss prevention, inventory intelligence, and traffic insights for the retail industry. An industry leader […]

Dollar Industries revenue increases in Q1FY19

2018/09 17 03:09

Courtesy: Dollar Industries Dollar Industries Ltd has registered an increase in operating revenue of ₹243.65 crore for quarter ended June 30, 2018 as against ₹235.07crore during the corresponding period of the previous fiscal. The profit before tax stood at ₹22.38 crore for Q1 as against ₹18.39 crore during the corresponding period of last year, a […]