Europe — Page 3

Location · 1452 published stories · 237 outlets · All places

Mango’s India sales split 50:50 online, offline as q-commerce boosts repeat buys

Mango, the Spanish fashion retailer, reports that online and offline channels now contribute almost equally to its India business. Myntra's quick-commerce service M-Now, launched in late 2024, has boosted repeat purchases, with seven out of ten customers returning. The company has also consolidated its physical footprint, moving away from smaller shop-in-shop formats to focus on larger exclusive brand outlets.

2 outlets · 2 articles 2d ago

PM Modi wants India to ‘create an aura’ that can draw space talent; urges startups to build global businesses

Prime Minister Narendra Modi met founders of 20 Indian space startups on National Space Day, praising their courage and calling for an ecosystem that attracts worldwide talent. He stressed policy consistency, cost competitiveness and cross-sector collaboration while urging firms to build global businesses. The interaction highlighted the role of the Indian Space Policy 2023 in opening the sector to private participation.

8 outlets · 8 articles 2d ago

US fiscal strain deepens as $40 trillion debt milestone raises treasury yield risks: Jefferies

The US national debt has surpassed $40 trillion, with the federal deficit reaching a record $432 billion in July. Brokerage Jefferies warns that deteriorating fiscal conditions could keep upward pressure on long-term Treasury yields, posing risks to equities and the Federal Reserve's flexibility. Meanwhile, Pimco argues current yields look attractive by historical standards, while Treasury Secretary Scott Bessent's bond buyback plan saw only short-lived relief.

6 outlets · 6 articles 2d ago