US brands lead tier-2 India’s retail boom, UAE players dominate department stores
UAE-based retail groups account for nearly 79% of the department store footprint across Tier-2 India. International brands across categories such as food and beverages, apparel, accessories, beauty and wellness, and footwear are increasingly expanding beyond metro cities into Tier-2 markets, according to a report by Knight Frank India. The report noted that Tier-2 cities now have cleaner and more institutionalised…
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