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CONSUMER SPENDING TRENDS
Global luxury goods industry set for recovery in 2027, US to remain bright spot: Goldman SachsThe global luxury goods industry is expected to witness a recovery after several years of sluggish sales performance, with revenues of majo...- US business activity cools in October; strong demand fueling price pressuresUS business activity experienced a slight slowdown in October, though strong demand allowed price increases. The S&P Global Composite PMI O...
- ‘Brands need to be loved by humans and read by agents’: BCG’s Lauren Wiener on AI’s impact on marketingThe growing influence of AI and LLMs on purchase decisions is significant across various consumer touchpoints. Brands are now required to o...
- Reel deal: The next big thing in online shopping is playing on your screenE-commerce platforms in India are leveraging video content to enhance product discovery and customer engagement. Creator-led videos provide...
- Heineken document reveals worries over weight-loss drugs and beer salesHeineken has warned UK pubs about the increasing impact of weight-loss drugs on beer sales. These medications may reduce consumers' desire ...
- A Japanese giant is quietly taking a bigger shelf in India’s wardrobesUniqlo India's revenue increased by 44% to Rs 1,724 crore in the last financial year. The brand's focus on everyday essentials contrasts wi...
- India must avoid copying China's aggressive tax policies on private wealth and offshore assetsDeveloping economies often look to the US and China for cues on taxation, infra spending and policy. India, for one, must steer clear of em...
- We have to change the conversation from media costs to business value: Publicis Media's Lalatendu DasIndia's advertising sector is experiencing a transformative phase driven by innovations in artificial intelligence and the rise of the crea...
- Chapter Home raises Rs 63 crore from Bessemer, Stride Ventures, othersThe startup plans to use the capital to strengthen product development, expand into new categories, invest in technology and brand building...
- Meta beats expectations but legal penalties hit profit amid AI raceMeta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's ...
- India Inc eyes a festive boom, but the bottom line holds a twistFestive shopping is currently gaining momentum with significant sales in both online and offline markets. Companies are experiencing increa...
- State of Joy strengthens India footprint with 4,000+ retail touchpoints and plans for exclusive brand outletsState of Joy has launched Anatom, an innovative footwear collection that prioritizes comfort and practicality. This collection features Ana...
- Global Market: China's yuan hits four-year high on export strength, weak dollarChina’s onshore yuan touched a more than four-year high against the US dollar, supported by robust exports, resilient economic growth, fore...
- Myntra sees Gen Z drive beauty growth as skincare, smaller cities gain groundGen Z accounts for 60% of Myntra’s beauty shoppers, spending 1.2 times as much on beauty as the average customer, according to the company’...
- Comfort over style: 52% of young Indians prioritise ease when buying festive footwear, study findsA recent survey reveals that comfort tops the list of priorities for young Indian consumers when selecting festive footwear. Approximately ...
- Festive cheer is high, but shoppers are counting every rupeeConsumers are maintaining festive spending but are focusing on value and utility as shopping habits evolve. Clothing remains the top catego...
- No crackers, easy on the festival lightsFestival consumption in India is facing challenges due to rising input costs and cautious spending patterns. Companies are experiencing pre...
- Looksmaxxing blurs line between essential and discretionary for GenZ shoppers: Myntra HeadMyntra is seeing over 30% growth in orders and customers this year as Gen Z accounts for half its customer base. Head of Myntra Sharon Pais...
- JPMorgan posts rare profit miss as dealmaking, bond trading lose momentum(Compares with estimates in headline and paragraph 1, adds analyst comment in paragraph 4, updates shares, details and context throughout)-...
- Wallet war: More new things are fighting for every rupee Indians earnIndian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, which reflects a richer variety of...
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