Consumer Sentiment Shows An Uptick Amid Festive Recovery: Report
India (66.3) and Indonesia (62.1) are the only countries with a national index score of 60 or higher
India (66.3) and Indonesia (62.1) are the only countries with a national index score of 60 or higher
Trust issues persist in the Indian retail industry despite increased consumer spending PwC’s inaugural ‘Voice of the Consumer Survey 2024’ draws on over 15 years of consumer research, capturing insights from over 20,000 consumers across 31 countries, including 1,000 consumers in India. The survey reveals that 75 per cent of Indian consumers anticipate increased spending […]
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 […]
The Indian PC market is poised for a significant rebound in 2024, according to the latest analysis from Canalys. Despite a challenging year in 2023, characterised by fluctuations and an overall decline, the market is expected to see good growth across all segments – desktops, notebooks and tablets. In the fourth quarter of 2023, the […]
As India’s consumer industry stands at the cusp of a monumental transformation, with projections indicating it will become the world’s third-largest market by 2027, leaders in the retail sector are keenly awaiting the Interim Union Budget for FY 24-25 At the precipice of a significant shift in India’s consumer industry, poised to secure its position […]
The parent company of Manyavar, Vedant Fashions on Thursday reported a 4.8 per cent rise in consolidated net profit at Rs 157.71 crore in the third quarter (Q3) that ended 31 December 2023, compared to a consolidated net profit of Rs 150.35 crore in the same period of the previous fiscal, the company said in […]
Consumer confidence has increased by 2.2 percentage points, revealed a recent report by Refinitiv-Ipsos, the primary consumer sentiment index (PCSI). This surge is reflected across all four sub-indices, indicating a positive outlook on various economic aspects. The monthly PCSI result, determined by the sum of four weighted sub-indices, paints a promising picture for the economy. […]
Competition from regional players, a rise in online food ordering, and stubborn inflation have pinched the pizza category. Pizza chains are now firing all cylinders to have the biggest slice of the market with them Remember the 2000s and early 2010s when celebrating small victories or simply getting together with friends or families for most […]
The Good Glamm Group, eyeing an IPO in two years, is strategically prioritizing profitability by diversifying revenue streams and optimizing costs, according to Co-Founder Priyanka Gill. The content-to-commerce player, known for its omni-channel strategy and digital velocity, aims to capitalise on strong consumer sentiment and shopping intentions in the upcoming festive season. Currently experiencing over […]
Diamonds have always been an enduring symbol of love, happiness and the celebration of life’s most cherished moments. As we approach the upcoming festive season, the diamond jewelry industry is poised for significant growth, with expectations of a remarkable 20 per cent increase compared to last year’s festivities. This year has witnessed phenomenal growth in […]