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iD Fresh Food’s quick commerce sales surge 100x in 2 years

Around 33% of iD Fresh Food's sales originate from quick commerce platforms, while its traditional e-commerce sales have experienced a 25% decline over the...

Zara’s growth slows as competition swells in India’s fashion market

Inditex, the Spanish conglomerate behind the renowned fashion label Zara, experienced its most sluggish sales expansion in India during FY24, excluding the pandemic-affected year....

Sainsbury’s teams up with Microsoft to revolutionize retail operations with AI

Sainsbury’s, the renowned supermarket chain, has entered into a five-year strategic partnership with Microsoft to harness AI in enhancing both customer and colleague experiences.This...

Luxury group Richemont sees Q4 sales slowdown, names Nicolas Bos as new CEO

Richemont acknowledged the deceleration in the luxury market as the proprietor of Cartier jewelry disclosed a 1% decline in its fourth-quarter sales.The corporation, which...