It's raining jobs in the e-commerce space as this segment could grow at 20-25 percent over the next 2-3 years in terms of jobs, salaries and growth, which in turn could create at least 1,50,000 jobs. The current estimated size of the industry is about Rs 18,000 crore (USD2.9 billion) and is expected to reach Rs 50,000 crore (USD8.1 billion) by 2016 and as the industry grows, the demand for talent would grow proportionally.
Tesco needs to change its culture and reinvent its brand, the companys new chief executive, Dave Lewis, has told employees after a torrid week for the supermarket chain.
The Carlsberg Group has introduced a vision for business it calls “GloCal,” which aims for global efficiency while staying true to its local roots and technology is playing a big role in enabling this vision.
The company said it is deploying Microsoft Office 365 to implement a complete productivity and collaboration solution that employees can use to connect with each other.
Tesco cut its profit forecast for the third time this year on Monday after finding a fault in its accounts, the latest blow of several to the reputation of UK's biggest grocer.
Sellers must effectively use technology to attract and engage consumers who are influenced by rich, sensory shopping experiences. They must reach customers who want information-rich, interactive shopping experiences to effectively compete with online-only merchants.
Enhance and personalize the in-store experience
Even with the rise of online shopping, physical stores still have a strong influence on customers. Retailers must leverage technology to customize the in-store experience with various sales channels and customer touch points.
Global fashion retailer H&M and the International Labor Organization (ILO) recently partnered to establish a model for a global and supply chain.
“Issues in the garment industry are systemic and require action that helps develop effective industrial relations and promote respect of international labour standards. There is therefore an urgent need to establish strategic and comprehensive collaborations with companies that have experience in these fields, such as H&M,” said ILO Director-General Guy Ryder.
Fossil Group Inc. and Intel Corporation recently announced a collaboration agreement to develop wearable technology for the fashion industry.
The two companies said they will work together on emerging products and technologies that will be developed for the fashion-oriented consumer.
Fossil's goal is to enable iconic fashion brands within the company’s portfolio to use wearable technology in a fashionable way. Meanwhile, Intel said it will focus on identifying trends and emerging uses of technology and accelerating wearable technology innovation worldwide.
Stored value leader SVS expands in Shanghai to support retail development
Stored Value Solutions, the world’s premier provider of branded currency for retail, is bringing gift card expertise to China. To comply with regulations that new gift cards issued in China be processed within the country, SVS recently added a data center to its regional office in Shanghai.
With 3,000 stores across 38 markets worldwide, Danish fashion brand Bestseller is at the top of its game. Fast, affordable fashion is gaining more traction globally, but its growth momentum is stunning in India, where it has been expanding dramatically in the last few years.
Bestseller India CIO Ranjan Sharma said the rate of business was growing last year at 100 percent year-on-year. Managing this growth is a big challenge, but the "beleaguered" CIO is more than happy to find solutions through technology and innovations.
Rocket Internet AG and Investment group AB Kinnevik recently sealed an agreement to combine five leading fashion e-commerce businesses to create a new global fashion e-commerce group (CFG), which will operate in five continents.