Question

Differentiate between Indian and global retailers.​

Answer 1

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Explanation:

Indian retailers don't work on high margin. Most of the brands are based on value fashion.

Trends in India are at least 2–3 seasons behind the actual season.

Indian retailers generally work on two seasons in a year. Spring summer(SS) and autumn winter (AW). Whereas globally, it's either three or four seasons, Spring, Summer, Autumn/Winter.

Ethnic category sells better in India.

Most of the brands in India deal either in menswear or womenswear. Few are into kids.

Sourcing is mostly done domestically from India itself. Very few retailers import goods from countries like China, Indonesia, Sri Lanka or Thailand. None from Europe.

However, retail in India is growing faster than ever. All major players are coming up with new concepts like introducing luxury fashion alongside their value business. A number of international brands too are setting up shops in India. Brands like Inditex group, H&M, Gap, Scotch n Soda are planning on expanding their presence in India. Although the FDI in retail is not 100% like B2B e-commerce, but the rules have been relaxed since last year which has boosted the investment.

Answer 2

Answer:

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