Consumer
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India Adopts 24-hour Retail, Consumer Spending At Night Soars By 60%

Seven states, including Maharashtra, Karnataka, Telangana, Haryana and New Delhi, have allowed shops and establishments to operate 24 hours a day Seven states, including Maharashtra, Karnataka, Telangana, Haryana and New Delhi, have allowed shops and establishments to operate 24 hours a day. This move has led to a surge in consumer spending, particularly during late-night […]

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Titan Company Unveils Premium Sunglass Brand ‘Runway’

The company estimates the Indian premium sunglasses market is Rs 800 crore with a projected CAGR of 10 per cent Titan Company unveils its foray into premium sunglasses retail with the introduction of its first exclusive brand outlet in Bengaluru, Runway from the House of Titan. The name ‘Runway’ is inspired by the world of […]

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ITC’s FMCG Business Crosses Consumer Spends Of Rs 32,500 Cr

The brand reaches 25 crore households as 100 new products get introduced during the year ITC’s vibrant portfolio of over 25 world-class Indian brands represents an annual consumer spend of nearly Rs 32,500 crores and reaches over 250 million households in India. These home-grown, purpose-led Indian brands, powered by agile innovation, support the competitiveness of […]

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India Leads National Index Score Despite Dips In Consumer Sentiment: Report

LSEG-Ipsos PCSI surveyed more than 21,000 adults under the age of 75 from 29 countries between 24 May and 7 June 2024 Consumer sentiment has weakened and dipped by 2.6 per cent in June 2024, though notably, India continues to lead with the highest national index score across all 29 markets polled, according to the […]

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Japanese Distilling Company Suntory Sets Up Indian Subsidiary

Suntory India will commence operations in July and will be headed by Masashi Matsumura as Managing Director Japanese multinational brewing and distilling company Suntory has set up an Indian subsidiary to accelerate its business in the country. The new company, Suntory India, will commence operations in July and will be headed by Masashi Matsumura as […]

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Reliance Retail Pilots 30-45 Minute Grocery Delivery In Mumbai

JioMart’s new hyperlocal delivery service aims to partner with local kirana stores for faster fulfilment Reliance Retail has launched a pilot program for immediate delivery of groceries and fast-moving consumer goods (FMCG) in select areas of Mumbai and Navi Mumbai, according to a report by the Economic Times. This quick delivery service is integrated into […]

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Snitch Reports 130% Surge In Sales, Secures 2.4% Market Share In Men’s Fashion E-commerce

The brand currently operates 11 stores and plans to open 40 more by the end of this year to solidify its offline presence Celebrating its fourth anniversary, Snitch has reported a 130 per cent increase in sales compared to last year. This growth has been driven by its expansive retail model, combining aggressive online and […]

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Domestic Jewellery Consumption Growth Likely To Moderate In FY25 As Prices Rise

Gold prices rise by approximately 14 per cent in FY2024 YoY and are higher by about 18 per cent YTD over FY2024 average Srikumar Krishnamurthy, Senior Vice President and Co-Head – Corporate Ratings, Icra notes that gold prices rose by approximately 14 per cent in FY2024 YoY and are higher by about 18 per cent […]

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Titan Plans Expansion Across Its Brand Verticals

The company’s expansion will have a strong focus on jewellery brand Tanishq and saree label Taneira for this year Tata Group’s Titan has announced expansion plans across its brand verticals, with a strong focus on the jewellery brand Tanishq and the saree label Taneira for this year. The company also plans to launch an exclusive […]

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V2 Retail Expands Presence With New Stores Across India

Opens new stores in Odisha, West Bengal and Bihar as part of ongoing expansion spree V2 Retail has expanded its presence with new openings in Odisha, West Bengal and Bihar. These additions are part of a significant retail expansion, bringing over 5,000 family-focused clothing and accessories styles to more offline shoppers. “We’re thrilled to announce […]

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