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Indian e-commerce market set to cross $200 billion mark in 2025: GlobalData

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Indian e-commerce market set to cross 0 billion mark in 2025: GlobalData


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October 21, 2025

The Indian e-commerce market is set to cross the $200 billion mark in 2025, growing at a rate of 12.5% as consumer appetite for online purchases and trust in digital payments increases, according to a new forecast by GlobalData.

Walmart-owned Flipkart could launch an IPO as soon as next year – Flipkart- Facebook

“The e-commerce market in India has experienced rapid growth in recent years, driven by broader digital adoption, increasing internet and smartphone penetration, and the availability of secure online payment tools,” said GlobalData senior banking and payments analyst Poornima Chinta in a press release. “The growing popularity of online shopping events such as Flipkart’s Big Billion Days, Myntra’s Big Fashion Festival, and Amazon’s Great Indian Festival has further supported the surge in India’s online shopping market.”
 
GlobalData forecasts that the Indian e-commerce market will reach Rs 17.7 trillion ($211.6 billion) this calendar year. With a projected compound annual growth rate (CAGR) of 11.5% between 2025 and 2029, the market could reach Rs 27.3 trillion ($326.7 billion) in 2029.

Factors which are contributing to sustained Indian e-commerce growth include government-led policy support, increasing digital integration in retail, and rising adoption of AI driven payment options. The Indian government rolled out Goods and Services Tax rate cuts on September 22, applying to sectors including fashion and wellness goods, and large businesses including Reliance Retail and Flipkart announced their participation in the 100-day ‘GST Bachat Utsav,’ highlighting GST discounts to promote consumer spending.
 
“India’s ecommerce market will continue its upward growth trajectory over the next few years with consumer appetite for online shopping showing no signs of waning,” said Chinta. “The country’s young, upwardly mobile demographic, growing popularity of alternative payment solutions, favourable regulatory initiatives, and technological advancements are converging to transform how Indians shop- creating new market opportunities, improving customer experiences, and attracting fresh investment.”

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Fruit of the Loom names Reebok veteran new SVP of brands

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Fruit of the Loom names Reebok veteran new SVP of brands


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October 21, 2025

Fruit of the Loom Inc. announced on Tuesday the appointment of Scott Daley to the role of Senior Vice President – Brands, effective November 3.

Scott Daley – Reebok

Daley succeeds Tony Iannuzzi, who is retiring from his role as senior vice president of apparel, after 36 years at the U.S. apparel maker.

In his new role, Daley will oversee brand strategy, execution, and profitability for the Kentucky-based company’s Fruit of the Loom, Vanity Fair Lingerie, Russell Athletic, and Jerzees brands in the U.S. and Canada, as well as Spalding globally.

With some three decades of experience at Reebok, where he held a series of leadership roles culminating in his position as general manager for U.S., Daley’s previous roles at the American sportswear giant included vice president of global footwear, general manager of the running business, and head of basketball products and apparel. 

“Over his three decades with the company, Tony has played a pivotal role across various departments and with our customers, vendors, and employees alike. His customer empathy, strong leadership, and business acumen have been pivotal to the company’s success. Scott’s experience will build on Tony’s legacy, and we are excited about the future he will build for our brands,” said Jeff Cohen, CEO.

Earlier this year, Fruit of Loom announced its launch in Uruguay for next year, where it will work with Uruguayan group Lolita to grow in five more Latin American markets.
 

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The North Face and Cecilie Bahnsen launch second collaboration

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The North Face and Cecilie Bahnsen launch second collaboration


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October 21, 2025

The North Face and Danish designer Cecilie Bahnsen have unveiled their second collaboration, following its debut at Bahnsen’s Fall/Winter 2025 runway show during Paris Fashion Week.

The North Face and Cecilie Bahnsen launch second collaboration. – The North Face X Cecilie Bahnsen

Building on the foundation of their first partnership, the collection reimagines The North Face’s alpine icons through Bahnsen’s hyper-feminine couturier style. The latest lineup introduces new fabrics, winter-ready details, and an advanced layering system.

Launching October 30, the seven-piece collection embraces a warmer, richer palette. Highlights include a cinched-waist rework of the down Himalayan Parka, a quilted down skirt inspired by Bahnsen’s signature silhouettes, and an oversized down jacket that merges functionality with Bahnsen’s signature trimmings. Completing the collection are a reinterpreted Denali Fleece Jacket, a refined Wool DotKnit base layer, a crossbody bag inspired by vintage climbing gear, and fresh takes on The North Face’s Verto boots and Traction Mules.

 “Icons are not prescribed, they are born. At The North Face, our Icons were born on the edges of the Himalayas and adopted by the streets of New York, London, Paris, or Tokyo. In our second collaboration with Cecilie Bahnsen, we’ve looked at icons of the past and present through her lens. Together, we’ve explored the edges of our brand through silhouette, materialization, and technique all while honoring both brands’ DNA,” explained North Face’s design director, David Whetstone. 

The collection launches with a campaign shot by Ellen Fedors along the coastlines of Mølle and Kullaberg in Sweden. Styled by Emelie Johansson, the imagery captures The North Face athletes — including trail runner Ida-Sophie Hegemann and boulderer Melina Costanza — alongside models navigating the dramatic Scandinavian landscape.

“The campaign is about wanderlust and authenticity, about finding strength in landscapes that feel both intimate and infinite,” added Bahnsen. “It was important to me that the women in the images, whether athletes or models, embody a sense of determination, but also ease. That balance feels true to how I design, and to how these pieces should live in the world.”

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Primark’s Gran Vía store in Madrid contributed €83 million to Spain’s GDP in 2024

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Primark’s Gran Vía store in Madrid contributed €83 million to Spain’s GDP in 2024


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October 21, 2025

In 2015, with the reverberations of the early‑2000s economic crisis still being keenly felt in retail, Irish low‑cost fashion brand Primark chose to step out of Spanish shopping centres, its natural habitat until then, and set up shop at 32 Gran Vía in Madrid, in a now century‑old building that originally housed the Madrid-Paris department store (a pioneer of its kind in Spain). For months, the opening drew queues of customers waiting to enter the store. A decade on, Primark is assessing the impact of this store on the city and the economy.

Interior of the Primark store on Gran Vía in Madrid – Primark

This Tuesday, October 21, at the building that serves as the chain’s flagship store in Spain and also houses its offices, Primark presented a report titled “10 years in the heart of Madrid,” prepared by the economic consultancy Afi. According to its analysis, in 2024 the Gran Vía store, which spans 12,500 square metres, achieved a record impact: it contributed 83 million euros to national GDP (including, among other factors, its direct operations and supply chain activity) and generated a further 42 million euros in taxes and social contributions. In addition, this flagship store records more than five million transactions annually and in 2024 directly employed 1,060 people.

Beyond 32 Gran Vía, Primark’s contribution translates into 0.4 indirect and induced jobs in the Madrid labour market for every direct job. And, for every euro of value the brand generates through its operations, other businesses and sectors generate an additional 0.5 euros for the Madrid economy, according to figures from the Afi report.

The consultancy also points to a “halo effect” along the capital’s commercial hub, Gran Vía. Since the opening of Primark, that is, between 2015 and 2025, the number of retailers has risen from 101 to 186, and restaurants from 46 to 90.

“Ten years ago, when we decided to open here, we wanted to make a difference, to change the perception of the brand and elevate it. We wanted to convey a message to the Spanish consumer and we have succeeded, as well as helping to boost the dynamism of Gran Vía. This store, which leads Iberia by volume and transactions, has changed us as a brand,” said Carlos Inácio, managing director of Primark Iberia, at the presentation of the report.

The key figures of this analysis were revealed during a roundtable discussion, in which Diego Vizcaíno, Managing Partner of Afi, also took part. He stressed that the opening of this store was “a challenge for the city as a whole and for the companies that work with Primark”. “It was a challenge for the evolution of Madrid’s retail fabric; competitors had to raise their game, as did suppliers,” added the executive.

Façade of the Primark store on Gran Vía in Madrid
Façade of the Primark store on Gran Vía in Madrid – Primark

This Gran Vía store never sleeps: it operates 24 hours a day, seven days a week, although not all of those hours are trading hours. “For the night shift workers, who have to replenish the merchandise, it’s as if they had to set up a new store every day,” said Juana Rodero, Primark’s director of people and culture, who also participated in the roundtable discussion. To supply the store, 1,500 lorries are unloaded every year, which translates into some 50,000 unloading hours and more than one million boxes.

“I think transformation is the word that defines these 10 years,” concluded Carlos Inácio. “We arrived, we set trends and the challenge is to stay on that path. We have the responsibility to keep building a dynamic and inclusive business that continues to grow,” said the executive. He also addressed one of the questions that hovers over any discussion of Primark’s future strategy: will it continue to focus on the offline channel, as it has done so far, or is it considering the leap to online sales? “We are not ruling out anything; what we are doing is studying and analysing the channel to launch it when we are certain that it will work. Currently, the company offers ‘click-and-collect’ in the UK; we are analysing the profitability of this model and whether it can be scaled to other territories, including Spain, the second-largest market for the brand.”

Primark, which has been operating in Spain since 2006, has 67 stores in the country, 250,000 square metres of retail space and employs more than 10,000 people. “Next year we will mark two decades in the country and we will celebrate it in style,” said the head of the chain in Iberia.

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