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SATYEN MOMAYA
Clothing, lifestyle retailers and shopping malls expect bumper festive harvestConsumers started reducing non-essential spending such as that on apparel, lifestyle products, electronics and dining out since Diwali last...
EOSS fails to lift sales for retailers this yearRetailers traditionally launch EOSS by June end, before fresh season merchandise hits their shelves. However, brands started the sale mid-J...
No end to retailers' travails even with end of season salesRetailers are offering discounts of up to 75% in an attempt to boost sales during end of season sales (EOSS). However, concerns are rising ...
Consumer companies slash June output to clear inventoryMost chief executives have predicted a demand revival by Diwali and, based on inventory clearance by then, indicated to manufacturers festi...
Retailers hit pause as small towns slow downSales of lifestyle, apparel and discretionary products moderated for the second consecutive month to 6% in April due to a high base a year ...
Discretionary spending may weaken in Q4; apparel, lifestyle cos and eateries expect sales to grow only 15%-20%The slowdown is not restricted to apparel. Even the liquor segment that surpassed pre-Covid sales last year, could see slower growth. Analy...
Malls doubling up as fulfilment centres for brandsBengaluru-based Prestige's group has already created a 20,000 sq ft space at recently opened Forum mall and plans to do it at all its upcom...
Many retailers are now betting big on larger outletsBigger store means high rental cost for retailers. Hence, they need to increase their revenues. Brands say more than the footfalls it is th...
Malls, brands at loggerheads over rent hikesWhile discussions have started, industry insiders said large retailers are opposing the move given the number of stores they operate. Malls...
Advertisers raise Q3 budget by 15-20% amid surging festive demandThe surging demand amid festive season after two years of pandemic has compelled the advertisers to raise their advertising budget by nearl...
Advertisers get ready for festive splurge, revise ad budgets by 15-20% for Dec quarterWhile inflationary pressures and the global recession remain potential downside risks, executives said demand pickup has been robust so far...
Festive sales fire up demand for consumer goods across offline, online retailSales of smartphones, televisions, home appliances, apparel and fashion products went up 12-20% over last year's Navratri period and there ...
Diwali sets in early for malls, apparel & lifestyle retailersDussehra and Diwali have historically been an occasion for selling full-priced merchandise and most brands refrain from offering discounts ...
Here's what fashion influencers really think about the $600 duct-tape designer shoesA shoe brand came under fire for selling distressed sneakers — with duct tape and holes — for $500 to $600.