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- How are Myntra and Zara targeting Gen Z spending in India's booming lifestyle market?
India's lifestyle market is on the brink of substantial growth, primarily fueled by the rise in affluence, premiumization, and a shift towards organized retail. Gen Z consumers, heavily influenced by social media trends, are expected to drive this growth, with a significant surge in online shopping anticipated. According to a joint report by Bain & Company and Myntra. Currently valued at $130 billion and forecasted to expand at a compound annual growth rate (CAGR) of 10-12%, this translates to a potential $80 billion increase in spending, driven by a combination of factors. The domestic lifestyle market, encompassing apparel, beauty, accessories, and footwear, is projected to reach a remarkable $210 billion by 2028, Playing a crucial role in this growth are India's digitally-savvy Gen Z shoppers, numbering around 60 million, born between 1997 and 2012. These trend-conscious consumers are heavily influenced by the latest fashion trends and social media influencers and exhibit a higher purchase frequency, with an average of eight to nine times a year, compared to the national average of five to six times. Gen Z currently accounts for 20-25% of the online lifestyle market, valued at around $4 billion in gross merchandise value. Although they transact more frequently, their individual order values tend to be lower than the average. The CEO of Myntra, Nandita Sinha, highlighted the influence of Gen Z on fashion trends, emphasizing their exposure to global trends and styles, their desire for a new look each time they step out, and their significant contribution to the overall e-lifestyle category. The online lifestyle market in India, presently estimated at $16-17 billion, is anticipated to surge to $40-45 billion by 2028. Fashion remains the dominant category in e-commerce, constituting 75% of the market share. Accessories and women's apparel are projected to experience the fastest growth within this segment. In 2023, over 175 million customers across India shopped for lifestyle products online, averaging six to seven transactions annually. Lifestyle products are the initial purchase for 40-45% of first-time e-commerce shoppers, making it an essential gateway category for e-retail. Furthermore, the report highlights the growing significance of online shoppers and their behaviour, including visiting more platforms more often, completing purchases in a shorter duration, and increasing engagement and purchase frequency, especially among deeply entrenched shoppers. The trend toward organised retail is expected to be another significant growth, with the organized segment projected to grow at a rate of 15-20% annually until 2028, while 66% of the overall lifestyle market remains unorganized offline retail. This shift moving towards organised retail has intensified competition in the market, with both large foreign retailers and homegrown retailers expanding their store networks. Online commerce players are diversifying their offerings to cater to the growing demand. The growth in lifestyle retail is not limited to major cities, as cities beyond the top 50 already contribute two-thirds of India's lifestyle consumption. This expansion will be supported by various factors, including rising incomes, the growth of fashion-forward Gen Z shoppers, and increased demand for organized-branded products.
- What Will Define Global E-Commerce Trends in 2024-25?
The global e-commerce market is projected to reach a value of US$6.3 trillion this year, highlighting the incredible growth and potential of online shopping. In this era, businesses are increasingly focusing on providing a seamless e-commerce experience, catering to the evolving needs and expectations of consumers worldwide. What Will Define Global E-Commerce Trends in 2024-25? Mobile E-commerce Mobile e-commerce is gaining significant traction, with a notable surge in consumers using their mobile devices for online shopping. Remarkably, in China, over 50% of all online purchases occur through mobile devices, while in the US, 91% of respondents have made mobile phone purchases. To adapt to this mobile-first trend, retailers are advised to optimize their websites for mobile use, ensuring swift loading times and a user-friendly interface. A positive mobile user experience greatly influences customer retention and conversion rates. Live-streaming E-commerce The most prominent live-streaming e-commerce in China has gained attention allowing consumers to interact with and make purchases from retailers within one app. The integration of live-streaming shopping features on social platforms, such as Facebook and Instagram, is also being explored, indicating the potential for a broader adoption of this trend. Personalization Personalization remains a key focus in e-commerce, albeit with innovative approaches, particularly with the decline of third-party cookies. The rise of AI tools offers diverse capabilities, including visual search and personalized product recommendations, enhancing the overall shopping experience for customers. Additionally, dynamic pricing tools driven by AI enable retailers to adjust prices based on individualized factors, aiming to offer competitive pricing and personalized shopping experiences. Payment Options Offering a variety of payment options is crucial for appealing to a global audience of shoppers. Beyond traditional card payments, digital wallets like PayPal and popular app-based payment methods such as WeChat Pay and Alipay in China are gaining significant traction, providing enhanced data privacy and convenience for consumers. Conclusion Embracing these trends and catering to the diverse needs of online shoppers can significantly enhance the competitiveness and appeal of e-commerce businesses in the global market. Buy Now Pay Later options have also become increasingly popular, often because of the function that allows customers to break down the cost of a purchase into smaller payments
- Must-See Sights: The Ultimate Guide to Paris for 2024 Summer Olympics Attendees
Are you ready for the roar and slogan for the winning country in the Paris 2024 Summer Olympics? The event captures the essence of the Olympic spirit, beckoning the city of Paris to host the grandest Olympic ceremony. With an expected turnout of 300,000 spectators and approximately 15 million visitors, including 2 million from visitors, including 2 million from international locales. Now, Paris is all set to dazzle. The Olympic Committee is committed to showcasing France's iconic features while advocating for a message of "more inclusive, and more spectacular than ever. The focus on sustainability is evident, with 95% of the venues being either existing structures or temporary ones powered by renewable energy. Paris has a history of progressive hosting, having introduced women athletes first time in the1900 Games. This year, Paris is striving for gender equality, with 50% of female athletes set to participate. Paris has meticulously prepared for the Olympics. Even the Mayor, Anne Hidalgo , made a statement by swimming in the once-polluted Seine River, which has now been cleaned up with a $1.5 billion investment to host marathon swimming and triathlons. The opening ceremony, held in a city centre for the first time, will feature 160 boats carrying 10,500 athletes towards the Eiffel Tower, now adorned with gigantic Olympic rings. Anticipate thrilling competitors in sports like climbing, skateboarding, and surfing, which debuted in Tokyo 2021, alongside a new addition. Paris will host 45 sporting events across 35 venues, including iconic locations like Versailles and Saint-Denis. Two new venues, the Port de La Chapelle Area and the Aquatics Centre, were constructed for the Games. While most events are in or around central Paris, surfing will take place in Tahiti, marking the farthest medal competition from the host city in history. It's still possible to get tickets, though many sessions are sold out. Check the Daily Ticket Release page on the Olympics website for availability. For a more comprehensive experience, consider the Travel Packages or Hospitality Packages, offering exclusive access and meet-and-greets with athletes. Remember, all tickets must be purchased through the offial site Paris 2024 Official Ticketing . Around 10, 500 athletes from 203 National Olympic Committees will compete across 32 sports in 329 events. Notable athletes include Simone Biles and Sha’Carri Richardson from the USA, and Shelly-Ann Fraser-Pryce from Jamaica. The pool will see Katie Ledecky, Ariarne Titmus, and Summer McIntosh in the women’s 400-meter freestyle. The Stade de France in Saint-Denis, the country’s largest stadium, will be the Olympic Stadium, hosting major events like the Rugby World Cups and World Athletics Championships. Artistic director Thomas Jolly plans to showcase France’s cultural diversity with performances featuring 400 dancers. The costumes, designed with sustainability in mind, will incorporate vintage and up-cycled elements. Planning Your Trip to the Paris 2024 Summer Olympics Consider staying in areas like the 10th arrondissement for a residential feel or the 1st and 2nd arrondissements for proximity to major attractions. The Bulgari Paris, a top hotel with views of the Eiffel Tower, is a great choice. Expect crowds at popular attractions like the Eiffel Tower and the Louvre. For quieter spots, visit the Jardin des Tuileries or Parc des Buttes-Chaumont. Reservations are essential due to the influx of visitors. Consider eating before heading to the stadium, which will have over 60 concession stands. Plan ahead to ensure a smooth dining experience. The Paris 2024 Summer Olympics promises to be an unforgettable event, blending tradition with innovation. Whether attending in person or watching from home, immerse yourself in the spirit of the Games and enjoy the spectacle.
- Surprising Facts About the Lives of Bollywood Actresses Behind the Scenes
The world of Bollywood often conjures images of glitz, glamour, and the silver screen. However, behind the dazzling facade lies the untold stories of perseverance, dedication, and personal struggles of Bollywood actresses. The journey of a Bollywood actress typically begins far from the spotlight, with many hailing from humble backgrounds. Priyanka Chopra, for example, rose from being a small-town girl to a global icon through numerous auditions, rejections, and unwavering perseverance. Beyond the sparkle and allure, these actresses are individuals with their own battles, aspirations, and personal lives. Stars like Deepika Padukone have openly shared their mental health struggles, shedding light on the real, human side of Bollywood. Balancing a career in Bollywood entails not only managing a hectic shooting schedule but also navigating personal life, relationships, and societal expectations. Kareena Kapoor Khan's journey through the film industry while maintaining a strong family life and successful career is a testament to the multitasking skills required. The role of Bollywood actresses has evolved significantly, with actresses like Vidya Balan and Rani Mukerji paving the way for more multifaceted and empowering roles for women in Indian cinema. Bollywood actresses wield substantial influence in shaping public perceptions and trends. Their fashion choices, lifestyle, and philanthropic efforts impact millions, extending beyond the film industry to inspire social change and public discourse. It's essential to remember that behind the larger-than-life personas of Bollywood actresses are real people with dreams, challenges, and aspirations. By appreciating their real stories, we not only celebrate their achievements but also gain a deeper understanding of these remarkable women who inspire us with their strength and grace.
- Revisiting the Beauty and Talent of Old Bollywood Actresses: A Timeless Celebration
Bollywood has been enriched with exceptional talent, and the actresses from the golden era of Indian cinema have made a lasting impression on the industry. These iconic figures not only mesmerized audiences with their beauty and performances but also paved the way for future generations. Let's journey back in time and honour some of the most revered old Bollywood actresses who have become legends. Madhubala She is known as the Marilyn Monroe of Bollywood, Madhubala's enchanting beauty and captivating performances solidified her status as one of the most celebrated actresses of her time. Her portrayal in Mughal-e-Azam remains iconic. Notable Works: Chalti Ka Naam Gaadi, Mahal, Barsaat Ki Raat Legacy: Madhubala's timeless charm and tragic life story continue to captivate fans and filmmakers alike. Nargis Renowned for her versatile acting and natural style, Nargis left an indelible mark with her powerful performances. Her role as Radha in Mother India is hailed as one of the greatest in Indian cinema. Notable Works: Mother India, Shree 420, Awara Legacy: Nargis's impact on Indian cinema extends beyond her acting, encompassing her philanthropic endeavo u rs and influence on future generations of actors. Meena Kumari Dubbed the "Tragedy Queen," Meena Kumari's emotive performances and expressive eyes endeared her to audiences. She excelled in both dramatic and romantic roles. Notable Works: Pakeezah, Sahib Bibi Aur Ghulam, Mere Apne Legacy: Meena Kumari's poetic talent and her ability to portray deep emotions on screen have had a lasting impression on Bollywood.
- Hot Bollywood Actresses: Shining Stars of the Silver Screen
Bollywood, the hub of India's film industry, is known for its captivating stars who mesmerize audiences with their talent, beauty, and charm. Among these luminaries are some of the most popular Bollywood actresses who have become icons both on and off the screen. Let's take a closer look at the world of these glamorous actresses who are making a significant impact on the industry. Deepika Padukone Deepika Padukone is a prominent figure in Bollywood, known for her striking looks and versatile acting skills. From her debut in Om Shanti Om to her powerful performance in Padmaavat, Deepika has consistently impressed audiences. Her statuesque beauty and impeccable fashion sense have made her a favorite on the red carpet, often featuring on lists of the world's most beautiful women. Priyanka Chopra Priyanka Chopra Jonas is a global icon, seamlessly transitioning from Bollywood to Hollywood. Renowned for her roles in Fashion, Barfi!, and the American TV series Quantico, she has garnered international acclaim. Priyanka's exotic looks and bold style choices have established her as a fashion icon, while her confidence and charisma further add to her allure. Katrina Kaif Katrina Kaif, known for her stunning looks and impressive dance moves, has carved a niche for herself in Bollywood. Hits like Zindagi Na Milegi Dobara, Ek Tha Tiger, and Dhoom 3 have cemented her status as a top actress. Her ethereal beauty and elegant style have made her a favorite for magazine covers and brand endorsements. Kareena Kapoor Khan Kareena Kapoor Khan, from the bubbly girl in Jab We Met to the fierce and independent woman in Ki & Ka, has showcased her acting prowess through a range of roles. She is recognized as one of the most bankable stars in Bollywood. Kareena's timeless beauty, sophisticated style, and regal demeanor make her a true Bollywood diva. Conclusion These leading Bollywood actresses not only captivate audiences with their performances but also inspire millions with their style and charisma. Their journey in the film industry is a testament to their hard work, dedication, and unyielding spirit. Whether through their films, fashion, or personal lives, they continue to influence and enchant fans around the world.
- Unveiling the Charisma: A Closer Look at the Hottest Tamil Actresses
Explore the world of Tamil cinema with a focus on talented and captivating female actors who have made a significant impact in the industry. This article highlights the glamour and talent of popular Tamil actresses and why they stand out. Learn about their latest roles and fashionable appearances, and discover where to stay updated with the latest news, exclusive photos, and interviews. Nivetha Pethuraj: She is known for her versatile acting skills and captivating screen presence, Nivetha Pethuraj has become a favourite among fans. With hits like "Oru Naal Koothu" and "Tik Tik Tik," she continues to rise as one of the most admired actresses in Tamil cinema. Her elegant style and radiant smile make her a standout in every film and event she attends. Regina Cassandra: Regina Cassandra has dazzled audiences with her performances in movies like "Awe" and "Evaru." Her blend of beauty and talent makes her a prominent figure in the Tamil film industry. Her sophisticated fashion sense and striking looks ensure she remains a hot topic among fans and fashion enthusiasts alike. Why They Stand Out: These actresses are not just known for their physical attractiveness but also for their ability to bring depth to their roles. Their combination of talent, grace, and style makes them enduring figures in Tamil cinema. From red-carpet appearances to film roles, they continually impress with their ability to blend glamour with substance. Stay Updated: For the latest updates on hot Tamil actresses, including exclusive photos and interviews, check out these top sources: Cineulagam, Galatta, Filmibeat, and BeYoung., offer up-to-date news, interviews, and photo collections of Tamil actresses, extensive photoshoots, news updates about Tamil actors and actresses, and a comprehensive list of Tamil actresses with photos and career highlights, respectively.
- Shah Rukh Khan: A Legendary Career and His Astounding Net Worth
Shah Rukh Khan is one of the prominent actors and film producers of Bollywood films, known as SRK and “King of Bollywood.” His signature style and work are not only famous in India but also leave a mark around the world. His captivating acting stole many hearts in blockbuster movies and his impressive net worth. Indeed, this iconic star’s journey is truly remarkable, from his early commercial television roles to becoming the king of Bollywood's most legendary figures because of endless hard work and talent. Let’s deep dive into his cinematic contributions and the factors behind his staggering net worth. Shah Rukh Khan — An Extraordinary Journey Shah Rukh Khan began his acting career with television shows like Fuaji and Circus movies in the late 1980s. He established himself as two different astounding characters in Bollywood movies like “ Deewana (1992) and Dilwale Dulhaniya Le Jaaynge, (1995) . Since then, he has delivered numerous hits, and held many awards for his best work cemented his status as one of Bollywood’s most bankable stars. Here are some of his all-time greatest movies. Dilwale Dulhania Le Jayenge ( A Brave Hearted Will Take The Bride) (1995) Iconic movies with iconic pair. This movie traditionally captures the struggle and unfulfilled desires between two families. This movie has a record-breaking run in Indian Bollywood film history. The blend of emotions, famous dialogues, struggle, harmonious songs, and unfulfilled desires proved a true love against all odds struck the chord. Shah Rukh Khan’s portrayal of Raj is etched in the hearts of fans worldwide. My Name is Khan (2010) A powerful film addressing social issues, where Shah Rukh Khan's performance as Rizwan Khan garnered critical acclaim and numerous awards. This movie reflects the realities of autism. Chennai Express (2013) This action-comedy showcased Shah Rukh Khan's powerpack action with his silly comedy that turned out to be a happy ending. It has become one of the highest-grossing Bollywood films of all time. Raees (2017) Raees is a crime-drama movie and Shah Rukh Khan's intense performance was widely appreciated, further adding to his repertoire of diverse roles. Upcoming Projects Shah Rukh Khan continues to explore different characters and reinvent himself with each project. Fans eagerly await his upcoming movies which are probably coming in 2025 with his daughter, Suhana, who promises to deliver the superstar's magical performance. Shah Rukh Khan's Astounding Net Worth Beyond his acting career, His net worth is a testament to his business insight and diverse investments. As of 2024, his estimated net worth is around $750 million, making him one of the richest actors globally. Here’s how he amassed his fortune: Movie Earnings Shah Rukh Khan commands high fees for his films, with many of his projects turning into massive box-office successes. His movies, endorsements, and production ventures contribute significantly to his income. Red Chillies Entertainment In 2002, He founded Red Chillies Entertainment , a production company that has produced several successful films and television shows. The company also has a state-of-the-art VFX studio , which is among the best in the industry. IPL and Kolkata Knight Riders King Khan co-owns the Kolkata Knight Riders (KKR) team in the Indian Premier League (IPL). KKR has been one of the most successful and profitable franchises, adding a substantial amount to its net worth. Real Estate He owns luxurious properties, including his iconic residence, Mannat, in Mumbai. He also has homes in London and Dubai, showcasing his taste for high-end real estate. Brand Endorsements Being one of the most recognizable faces globally, he endorses numerous high-profile brands. His endorsement deals are among the most lucrative in the industry. Conclusion Shah Rukh Khan's incredible journey from television to becoming the King of Bollywood is an inspiration to many. His movies have left an indelible mark on the industry, and his net worth reflects his success both on and off-screen. He continues to captivate audiences and expand his empire. He remains a true icon of our times.
- 7 Most Popular Tamil Heroine Photos and Names You Need to Know
The Tamil film industry, also known as Kollywood, has been graced by a multitude of talented and stunning actresses who have left a lasting impact both on and off the screen. This curated list introduces some of the most popular Tamil heroines, along with their notable works and accomplishments, celebrating their contributions to the industry. 1. Nayanthara Nayanthara often hailed as the "Lady Superstar" of Tamil cinema, has captivated audiences with her exceptional performances and unfiltered beauty. Some of her notable works include "Aramm," "Imaikkaa Nodigal," and "Bigil." 2. Samantha Akkineni Samantha Akkineni, known for her versatile acting skills, has established herself as a leading actress in both Tamil and Telugu films. Her noteworthy works include "Theri," "24," and "Mersal." 3. Trisha Krishnan With a career spanning over two decades, Trisha Krishnan remains one of the most beloved actresses in Tamil cinema. Some of her notable works include "96," "Varsham," and "Kodi." 4. Tamannaah Bhatia Renowned for her dancing skills, Tamannaah Bhatia has made a strong presence in Tamil and Telugu films. Her notable works include "Baahubali," "Paiyaa," and "Devi." 5. Sai Pallavi Sai Pallavi is celebrated for her natural acting and dancing abilities, leaving a mark in both Tamil and Telugu cinema. Some of her notable works include "Premam," "Maari 2," and "NGK." 6. Kajal Aggarwal With her girl-next-door charm, Kajal Aggarwal has been a favourite among Tamil and Telugu audiences. Notable works include "Mersal," "Thuppakki," and "Magadheera." 7. Shruti Haasan A multi-talented actress and singer, Shruti Haasan has made her mark in Tamil, Telugu, and Hindi cinema. Notable works includ e "Gabbar Singh," "Vedalam," and "3."
- How Will Google's AI-Based Agricultural Information Tool Impact Farming in India?
Google has unveiled a new AI-based tool called Agricultural Landscape Understanding (ALU), which utilizes high-resolution satellite imagery and machine learning to provide detailed information on individual farms. The tool aims to offer valuable insights such as field boundaries, drought readiness, irrigation, and market access, ultimately assisting farmers in making data-driven decisions to improve crop yields. By offering granular-level information crucial for the Indian agricultural landscape, ALU is set to empower farmers with valuable insights. Developed on Google Cloud in collaboration with the Anthro Krishi team and India's digital AgriStack, the tool will also provide detailed data on crop type, field size, water availability, and access to infrastructure. Moreover, Google's introduction of Project Vaani in collaboration with the Indian Institute of Science (IISc) and tools such as IndicGenBench and Composition of Language Models (CALM) demonstrate the company's commitment to promoting information accessibility in Indian languages. This initiative includes data from 80,000 speakers across 58 languages in 80 districts and aims to assess the language generation capabilities of Large Language Models (LLMs) for 29 Indian languages.
- Everything You Need to Know About Apple's iOS Beta: Eligible Devices and Step-by-Step Update Instructions
Apple has recently released the iOS 18 public beta, allowing users to get an early look at the new features such as home screen customization and a revamped Control Center. However, it's important to note that not all iPhones are eligible for the iOS 18 beta due to storage constraints and the need for newer chipsets. The public beta version is still testing, so users may encounter bugs and performance issues. The iOS 18 beta is compatible with iPhones such as iPhone 15, iPhone 14 , iPhone 13 , iPhone 12, and iPhone 11 . You can enrol in the public beta program on Apple's beta program website and follow the installation steps provided if you have a compatible device and want to try the iOS beta. Some of the key features of the iOS 18 beta include home screen customization, icon tinting, a revamped Control Center, an enhanced Photos app, and improved dark mode icons. While the current beta version introduces a limited set of features, more features will be tested in future updates.
- Comparing Platform Fees: Zomato vs. Swiggy - How Much More Will You Pay for Your Order?
Food delivery giants Zomato and Swiggy have raised the platform fee by 20%, increasing it from ₹5 to ₹6. Recent reports indicate that Zomato and Swiggy, leading food delivery platforms have raised the platform fee by 20%, increasing it from ₹5 to ₹6 in certain markets, effective July 14. Image source Inc42 In Delhi and Bengaluru, both companies have increased their platform fees by 20% to ₹6 from the earlier ₹5. In Bengaluru, Swiggy initially experimented with a fee of ₹7 before adjusting it to ₹6. These revised platform fees will initially apply in Delhi and Bengaluru, with potential expansion to other cities. It's important to note that platform fees are separate from other charges such as taxes, restaurant fees, and delivery costs. Image source Reddit This is not the first time these food delivery companies have raised their platform fees. Swiggy introduced platform fees in 2023, followed by Zomato with an initial fee of ₹2 per order. Since then, Zomato has raised the fee multiple times, most recently to ₹5 in selected cities. The report suggested that these companies could generate an additional daily income of ₹1.25-1.5 crore solely from the platform fee increase, considering their high order volumes. The share price of Zomato surged over 4% following the announcement of the fee increase. Although customers will have to pay more, this move is expected to significantly boost revenue for both companies, potentially benefiting their overall profitability.