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Lululemon shares drop as forecast cut spotlights challenges for incoming CEOLululemon faced a notable dip in its stock price as the athleisure retailer adjusted its profit expectations for the year. This news has es...- Ralph Lauren shares jump 10% as strong China sales help fuel growthThe revenue growth was led by sales in Asia, the company said, with particular strength in China during the Lunar New Year. Wall Street i...
- Why India’s beauty shoppers scroll more but still buy offlineIndia's beauty and personal care market is experiencing a digital surge, with online influence tripling since 2021. While 53% of shoppers a...
- The simple yet powerful plan India could follow to ward off impacts of Iran-like disastersIran war: As geopolitical tensions continue with the looming threat of a restart of the conflict in Iran, India finds itself at a crossroad...
- Shoppers Stop Q4 Results: Profit plummets over 91% on muted demandIndian departmental store chain Shoppers Stop on Tuesday posted a more than 91% decline in fourth-quarter profit, as consumers dealing with...
- Anand Mahindra’s 2018 tweet for Elon Musk resurfaces on Tesla owner's past strugglesAnand Mahindra’s 2018 tweet supporting Elon Musk resurfaced as Tesla announced hiring in India for 13 roles, including customer service and...
- Luxury brands prefer high streets, lease 600,000 sq ft in 2023High streets have become the top choice for luxury brands in India, with over 100% year-on-year growth in leasing in 2023, according to CBR...
- Shoppers Stop posts 60% revenue jump, plans for big festive periodShoppers Stop's net income was 181.4 million rupees, compared with a loss of 30.3 million rupees a year earlier, even though the profit cam...
- Contactless payments grew 6x in last 3 yearsContactless has become the preferred way of payment for the majority of affluent clients, particularly for everyday necessities such as foo...
- 57% of men spent more on luxury in 2021 than beforeA report, called Atlas of Affluence that cited Reliance Brands' data, said while sales of men's high-end brands rose 46% in 2021 compared w...
- 60% upside possible in Nykaa? This broker addresses 5 key investor concernsNykaa’s Q3FY22 gross margin improved 360 basis points QoQ to 46.3 per cent and Ebitda margin by 280 basis points QoQ to 6.3 per cent driven...
- Indian retail, a nearly $900-billion market dominated by mom-and-pop storesIndia - population 1.3 billion - has over the years become a sought-after retail destination with a growing base of young and affluent shop...
- Consumer market to treble by 2028 to Rs 335 lakh crore: ReportThis growth was led by tenfold growth in the number of Internet users and 26 times growth in the number of online shoppers between 2008 and...
- Luxury labels now delivered at doorstep!With emergence of online shopping portals catering exclusively to high-end brands, consumers in India seem to have found their luxury fashi...
- Tesco relaunches "finest" range in bid to win back affluent shoppersTesco has relaunched its "finest" premium food range, aiming to tap the industry-beating sales growth enjoyed by upmarket rival Waitrose.
- In-store shoppers likely to head online next time they buy: IBMThe overwhelming majority of shoppers made their last purchase in a store and not online, but far fewer are committed to do so the next tim...
- Luxury market slowly emerging from global recessionThe luxury goods market is rebounding from the slump caused by the global recession, but analysts say upscale sellers will be facing a hard...
- Consumers change buying habits, but will it last?Experts say the new behaviour - fueled by higher gas and food prices, tightening credit and a slumping housing market - are the most dramat...
- Wal-Mart classifies buyers into 3 typesJohn Fleming, the new chief merchandising officer of Wal-Mart Stores, and Stephen Quinn, its new chief marketing officer, said in The New Y...
- Wal-Mart’s Nov sales show is the worst in a decadeWal-Mart Stores, the world’s largest retailer, said US same-store sales fell 0.1% in November, the worst performance in more than 10 years,...
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