| Topic : Various formats of organized retail |
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Retail & Supply Chain Professionals |
Retail Operation |
Future of FDI in Retail |
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Activity:
30 views;
last activity : 07 06 2010 20:18:09 +0000
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Tie ups and Joint Ventures
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A little hard to predict
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We can see some tie-ups and joint ventures in the retail sector. This trend is expected to continue into the coming quarter. It seems, as if monsoon sales will start soon. If this happens, it will boost revenue growth for lifestyle retailers. Despite growing sales, profit margins are continuing to be under stress on account of increasing share of value retailing. |
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Future changes in the retail sector could be a little hard to predict at the moment as it’s often the state of the economy which dictates how consumers spend their money, perhaps, only a year ago, people would stay loyal to a particular brand - at present, many consumers are being forced into buying non branded goods especially in food retail. However, once the economy picks up again, it’s highly likely that technology would be the biggest driving force behind many of the future trends in retail. Talking about tie ups and joint ventures they are bound to happen but that again depends on the market condition or we can see termination of JV’s at the same time. |
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It is seen that global luxury brands are more to satiate their appetite. Leading international luxury names such as Zegna, Hermes and Canali have chosen India as the face of their global advertising campaigns. Many Indian places and locations ... |
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