The past year 2020 has proved to be a turning point for most industries across the globe. While the COVID-19 outbreak manifested itself as the saboteur of many businesses, it also acted as a catalyst for the growth of several others. In the case of India, the pandemic not only brought the warehousing and logistics […]
Traditionally luxury retailers have relied heavily on brick and mortar stores to drive sales. These showrooms or stores offer potential buyers a high-end experience aligned to the brand, and are typically located in upscale, exclusive neigbourhoods/areas that command premium rentals. However, in the current situation with little or no sales, affording rent is a problem […]
One of the country’s largest industries – contributing 10% to the GDP and accounting for almost 8% of employment, the USD 854 billion worth Indian retail sector was hit severely by the onset of the COVID-19 pandemic. With social distancing and lockdowns put in place in order to contain the virus, consumer spending on leisure […]