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The digital commerce game is wide open in India
Amid the domination of ecommerce heavyweights Flipkart and Amazon, new companies and business models are emerging in social commerce and D2C segments, indicating the scope of digital commerce.
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India’s digital commerce story is poised at an exciting juncture, with huge growth potential amid the emergence of new categories, business models, and companies, even as established firms consolidate their market share.
Domination of Walmart-owned Flipkart and Amazon in horizontal ecommerce has not saturated, rather expanded the scope of digital commerce in the country, with direct-to-consumer (D2C) brands and social commerce finding favour with consumers. This leaves the door open for more experiments in the sector and allow the entry of even newer participants.
This Dubai university is offering a dual degree in luxury management
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This Dubai university is offering a dual degree in luxury management
The four-semester curriculum of the GEMLux programme was conceptualised with an advisory committee that included the Chalhoub Group, Daimler Middle East and Ahmed Seddiqi & Sons
by Gulf Business December 16, 2020
Last year, marked a promising trajectory for global luxury sales which reached an estimated $312bn. While luxury sales worldwide increased around 6 per cent year-on-year, sales in the Middle East rose around 1 per cent to approximately $8.4bn. The GCC luxury market is around 3 per cent of the global market.