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SingleInterface, a SaaS startup offering tools to offline businesses to grow their revenues by leveraging the web, has raised $30 million in its maiden external fundraising round as the Singaporean startup seeks to expand its footprint internationally and improve products to make them more relevant to global brands. While being offline is still prominent for enterprises across major markets, including the U.S., Asia and Europe, businesses have started embracing online marketing strategies to attract more customers and increase their revenues. Nearly 67% of the world's population, or 5.4 billion people, is online, according to the International Telecommunication Union.
Non-metro Presence: Retailers are expanding their presence in tier-2 cities due to rapid growth in infrastructure and an expanding working population. Global brands like Zara, H&M, Adidas, Nike, Starbucks, Uniqlo, and Marks & Spencer are increasing their footprint in non-metro areas. Explore the growth potential and opportunities in these cities.
India attracts global consumer brands due to its young population and rising disposable income. Recent entrants include Brioni, Laderach, Nine West, Foot Locker, NARS Cosmetics, Pottery Barn Kids, Maje, and Sandro. Deloitte estimates India to become the third largest consumer market by 2030. Reliance Brands partners with international brands like Pottery Barn Kids, Balenciaga, and Pret A Manger. Bata India, Metro Brands, and Nykaa Fashion are local partners for Nine West, Foot Locker, and NARS Cosmetics respectively. Indian companies benefit from adding international brands to their offerings.
Nigerian YouTuber Fisayo Fosudo is arguably West Africa's most popular tech reviewer thanks to his coverage of everything from smartphones and TVs, to money lending apps and broadband subscription plans.
SINGAPORE, November 14, 2023--Ant International, the global fintech leader dedicated to digital payment and commerce, on Tuesday presented "Partner of the Year" awards to more than a dozen of its key business partners in recognition of their achievements in growth driven by adopting innovative digital technology.
Ever since the pandemic subsided, Indians have come out in droves, with revenge shopping initially, and then backing it up subsequently with some serious spending on luxury goods and experiences. Not surprisingly, various estimates peg India’s luxury market to grow rapidly over the next few years, as global brands make a beeline for Indians’ wallets and the country’s luxury brands capture the imagination of the world. - Issue Date: Nov 26, 2023
As India’s economy grows to become one of the largest in the world, its luxury market is also booming. But what is making global brands make a beeline for Indian shores and how are they looking to expand in this growing market? Find out in the Luxury special issue of BT that has stories ranging from space travel to luxury spas and much more. Also read about how Indian fashion designers are making waves across the world. Plus, find out how the temperature in the corner offices of India Inc. reads this quarter, in the BT-C Fore Business Confidence Index. All this and more in the latest issue of Business Today. Grab your copy today
Indian designers are making a splash on the world stage, while the biggest of global brands are wooing India’s growing affluent class like never before
Thai Vietjet has been named 'The Fastest Growing Airline Brand' at the 2023 Global Brand Awards, presented by Global Brands Magazine, proving the airline's success in brand reputation as a prominent airline brand in Thailand.