Indian apparel retailers witnessed sluggish sales in the first quarter (January to March) of 2024, according to reports from several brokerages. This comes amidst a combination of factors including lower disposable incomes and a high sales base from the same period last year. Brokerage reports attributed the weak demand in January and February to a […]
Jindal Lifestyle (JLL), the stainless steel manufacturer is aiming to gain Rs 1000 crore premium cookware market share in the next five years with its premium cookware range under the umbrella brand of Arttd’inox (a Jindal Lifestyle initiative). “The Indian cookware market is around Rs 15,000 crore and out of that Rs 3,500 crore is […]
Lifestyle inflation, in which customers shift to higher-end items, has outpaced price increases in necessities every year since FY18. While lifestyle inflation is a reflection of demand that is often controlled by policy rates, price increases in critical goods are a supply-driven phenomena that requires focused government intervention. According to a research by the Bank […]
Indian smartphone vendors experienced 20 per cent year-on-year (YoY) rebound in Q4 2023, propelled by robust demand during the festival season, according to the latest Canalys research. The quarter saw a total of 38.9 million units shipped, showcasing the resilience of the market in the face of challenges. Maintaining its leadership, Samsung claimed the top […]
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 […]
