NEW DELHI — As retail grows in India, the blurry figure of the shopper and where they are buying has been brought more in focus with a new retail survey from Nielsen.
While the size of India’s retail sector is estimated to be $450 billion, it is characterized by a strong unorganized segment. Organized retail is estimated to be only about 6 percent of the total. It is often referred to as “modern trade,” as against the traditional “general trade.”
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"