It’s been just a few weeks since ‘Pokémon Go’ was released — a game that lets you live between the real world and its virtual one — and the world has gone crazy. Attracting kids and adults alike, this game has taken the world by storm, and is being played by millions of iPhone and Android users across the globe.
While players exercise their needs to discover new Pokémon, retailers stand to discover tangible benefits from the game — brands and marketers have more than one reason to be a part of the ‘Pokémon Go’ craze.
Continue reading “Pokémon Go – A True Game Changer For Retailers”
Indian conglomerate Aditya Birla Group launched ABOF on 16th of October’15 and entered a space that is dominated by category specialists Jabong and Myntra. When you consider the fact that Aditya Birla is the largest fashion player in India through Madura Fashion and Pantaloons, which were acquired by it in 1999 and 2012 respectively, its foray in fashion e-commerce seems natural. Plus, it’s hard not to be tempted by the traction ecommerce has been getting with a string of multi-million dollar mergers & acquisitions and VC funding activities over the past few years. According to various estimates for the year 2020 from sources like Goldman Sachs & PwC, the Indian ecommerce market is slated to be worth $60 to $100 billion.
Continue reading “Breaking Down ABOF’s Bold Entry In India’s Fashion Ecommerce Scene With Data Science”
Luxury is relative, they say. By all definitions, luxury is also exclusive. In times when the West discovered new routes to the East, it was in search of this same luxury. The pepper trade, the silk trade, diamonds- they came with a huge price tag. And the ones who were capable of paying for it, flaunted it with pride.
There has always been a basic concept about luxury- from the traders’ point of view. Exchanging a high quality or rare piece of merchandise for the highest price. And for centuries, the high end retail market, that accounted for 390 USD in 2012 (BCG), has been following this system.
Continue reading “Retail trends and prospects in the world of luxury items”
Heard of words like Active wear? We are sure you have come across some apparel that is put under this word on many an eCommerce app. Active wear, Athletic wear, Sports Wear, these words mean a lot these days.
There was a time when buying sportswear was for hardcore gymnasts or athletes. Then the body builders who went to the gym started taking workout clothes seriously and wearing them religiously to the gym- thanks to brands like Nike, Puma, Adidas, etc.
Continue reading “The Rise Of ‘Athletic wear’ In the apparel Industry”
Remember that iconic episode in F.R.I.E.N.D.S, when Monica is finally wrapping up that apartment of hers so that she and Chandler can get married and move in together? The whole gang of friends had moments that belonged in that home- and letting it go- even for something better, was enough to create mixed emotions, not only on screen, but in the viewers’ minds as well.
Continue reading “Why the Future of Furnishings is Online…”
What is the one word that describes “change” effectively, positively and instantly?
There could be many answers to this question. Our answer though, is grounded in the tangible.
Each trend is a precursor to change. Or the change itself!
To extrapolate, there was a time when women were expected, and therefore, portrayed as doing household chores everywhere- in ads, films, etc. But then Julia Child appeared on TV wearing pearls and cooking Boeuf Bourguinon. Et Voila, a trend was created- which changed the way women viewed themselves.
Continue reading “As a Retailer, Recognize key Trends for your business”
In times of old- all fashion was custom. Apparel had to be designed or sewn by hand. It was only when social disparities started blurring that businesses started selling mass produced apparel; and people started buying it.
The industrial revolution brought standardization to the apparel markets. From gathering raw materials to creating standard fits- the industry has scaled new highs every year. The global fashion industry revenue, circa February 2015, has gone up to USD 1.2 trillion.
Continue reading “From Mind to Mobile- Why Insights Matter for Online Fashion Portal”
Disney’s new adaptation of the movie Cinderella reminded us of two things.
One, fairy tales are timeless!
Continue reading “Footprints on our sole! Trends for Retailers”
Street style is like the pulse of fashion. And fashion weeks are when the best and the brightest shine out. When it comes to ‘street style,’ we think that these styles are the ones that will rock the runways and the roadways at the same time.
Continue reading “Trend Tales @ Lakme Fashion Week”
Confused? So are we! Let’s put this into perspective- with ecommerce sales worldwide reaching $1.47 trillion in 2014 alone, we are talking of a HUGE number of people, who log in to shop online everyday!
Research shows that one of the major reasons for products to reach the wishlist but not the shopping cart, is size. In fact, recently consumers regularly shopping online were surveyed, on the parameters of why there are instances when they turn away from purchase- and their answers were, bluntly put, size and payment modes.
Continue reading “Does the Size Chart play an important role in Ecommerce Conversion?”