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CONSUMER PURCHASING POWER FAST FASHION
Coffee is not enough for America’s new caffeine rush, it ‘can’ be much more: Morgan StanleyEnergy drinks are increasingly replacing coffee for American consumers seeking more energy. Younger demographics are adopting energy drinks...- Fervo signs 396-MW geothermal power supply deal with Google; shares jumpThe agreement gives Google an option to increase its power purchases by about 600 MW, bringing total potential capacity under the arrangem...
- France targets Shein and Temu with fast fashion feesThe fees add to Shein's difficulties as the end of duty-free access for cheap ecommerce parcels in the European Union and the U.S. caused ...
- Behind Shein’s empire is founder Sky Xu who prefers the shadowsShein's founder, Sky Xu, appeared briefly at the Hong Kong stock exchange debut. He maintained a reclusive persona, unlike other company le...
- Sales of Raksha Bandhan merchandise up 46% year-on-year: GoKwikIn Rakhi merchandise sales, North India led in order share, followed by South and West regions. Gift categories like home and furniture saw...
- Global Market: Shein's weak listing draws analyst concerns over valuation and marginsShein shares fell 8% on their Hong Kong debut despite strong IPO demand, reflecting concerns over slowing growth, tariffs, trade restrictio...
- Fast-fashion giant Shein plunges 10% on Hong Kong debutIn its inaugural trading day in Hong Kong, fast-fashion retailer Shein experienced a ten percent drop in stock prices. The company successf...
- Trust levels for generative AI drops below 40%, yet consumers rely on AI product advice: McKinseyConsumers are increasingly using generative AI and digital platforms to research products despite low trust in their recommendations, with ...
- Pakistan in the dark again: 4,000 MW shortfall and fuel failures unleash crippling blackoutsPakistan’s electricity crisis has worsened as the nationwide power shortfall exceeds 4,000 MW, triggering longer outages across several reg...
- Renewable energy projects can now store and sell curtailed power using co-located battery systemsThe renewable energy landscape is evolving as the power ministry allows the storage of curtailed electricity from renewable projects. This ...
- Quote of the day by Tom Ford: 'From the time we're born until we die, we're kept busy with artificial stuff that...' Life lessons from American fashion designer & filmmaker on simplicity, purpose and living a meaningful lifeQuote of the day today by Tom Ford: Tom Ford’s insightful words encourage us to reflect on the importance of authenticity in our lives. In ...
- Global Market | Shein set to raise $1.7 billion in Hong Kong IPO at $26.5 billion valuation: ReportsShein is expected to price its Hong Kong IPO near HK$48.56 per share, raising about $1.7 billion at a $26.5 billion valuation. The listing ...
- Juniper Green inks 25-yr power purchase agreement with SJVN for 50 MW FDRE projectJuniper Nirjara Energy secured a 25-year power purchase agreement with SJVN Ltd. This agreement is for a 50 MW firm and dispatchable renewa...
- Hey AI, what should I buy? India's shoppers have a new shopping buddyIndian shoppers increasingly use AI tools for product discovery and purchasing decisions. Many consumers are comfortable with AI-powered re...
- The business shift in India's ₹7 lakh crore market amid gold cost pressureIndian jewellery sales show resilience despite lower gold volumes. Consumers now buy lighter pieces and focus on value per gram. Organised ...
- Honasa Consumer calls off Fluence Pharma acquisitionHonasa Consumer has called off its planned acquisition of a 58% stake in nutraceuticals brand Fluence Pharma due to unmet closing condition...
- Blinkit to freeze new product launches amid festive rushBlinkit’s decision to pause new products launched on its platform comes as quick commerce and ecommerce platforms prepare for the festive s...
- India could overtake China in affluent consumers by 2036: Report reveals how 8.2 crore more Indians could enter the high-spending consumer classIndia's affluent consumer population is set to exceed China's by 2036, a shift that could significantly reshape global spending patterns ov...
- Brands unwrap premium gifting packs on quick commerce for festive seasonBrands are launching festive, event-specific products on quick commerce platforms as shoppers increasingly turn to rapid delivery for gifti...
- High tech, but low trust: Agentic tech meets old-school scepticism at AI checkoutAI’s ecommerce ambitions are hitting a reality check as trust and changing buying habits are holding back chatbot-led commerce, writes Swat...
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