Company News
Cash burn continues to be a way of lifeedit
While anecdotal and empirical evidence both confirm online shopping is becoming more popular, e-commerce businesses continue to bleed because consumers need to be pampered with discounts, report Anushree Bhattacharyya in New Delhi.
Publication: Financial Express (Print)
Date: July 30, 2018
Competition and Industry News
As urbanisation and economic upsurge drive demand for bespoke furniture, need for skilled artisans is risingedit
The Association of Furniture Manufacturers and Traders states the organised furniture segment has been growing 20% annually. It is slated to exceed $32 billion by 2019, as per a World Bank study. During 2014-19, the online home décor market is projected to expand at a CAGR of 50.42% in revenues. The luxury furniture market is expected to increase at a CAGR of 4.1% during 2015-20, to touch $27.01 billion by 2020. However, the office furniture category leads the overall industry.
Publication: Financial Express (Online)
Date: July 30, 2018