Kingsmen India Blog | Indian Retail Market
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Design, Retail & Corporates, Retail Industry, Trends / 30.09.2016

The British famous fashion and lifestyle brand, Superdry plans to expand its roots in the Indian Retail Market. They’ve already opened their first outlet in Guwahati as a first step in Eastern India. The brand has partnered with Reliance Brands Limited, a part of the Reliance Industries which has 21 outlets across the country. Manu Sharma, Business Head, Reliance Brands Limited, said, “We are expanding in India. From 21 outlets we want to grow to 28 to 29 outlets by this fiscal year.” He further added, “We have opened...

Design, Retail Industry / 19.09.2016

The growing urbanization, advanced technological environment, varying demographics, and several players entering the Indian Retail market has led India to become one of the topmost preferred destination for retail investments in the world and ranks 15th in the Global Retail Development Index. Accounting for almost 10% of the country’s GDP (Gross Domestic Product) and over 8% of the employment, the Indian Retail Industry is expected to nearly double to USD 1.3 trillion by 2020. The industry is classified into two groups, namely, the unorganized retail and the organized retail....