Shopping On Credit Nearly Doubles This Diwali For Ecommerce Consumers: Report
Categories such as footwear and fashion have seen the highest preference for credit-based prepaid payments
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consumer
E-commerce & Marketplaces
Economy
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consumer
Economy
Bikano Eyeing Rs 300 Cr Turnover In FY24-25, Unveils Range Of Products For Diwali
- by BW Retail World Bureau
- October 23, 2024
Bikano’s strategic focus this Diwali is to leverage its growing market presence through investments in infrastructure and product innovation
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Finance
Food & Beverage.
News
Burger King India Operator’s Q3 Net Loss Shrinks To Rs 36.18 Cr, Revenue Up 15%
- by BW Retail World Bureau
- January 30, 2024
The operator of QSR Chain Burger King in India, Restaurant Brands Asia, on Monday, the company posted a reduced third-quarter loss, helped by robust holiday sales. The company’s consolidated net loss narrowed to Rs 36.18 crore (USD 4.4 million) in the three months ended 31 December from Rs 50.42 crore a year earlier. Nonetheless, it […]
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Fashion & Lifestyle
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Vedant Fashions Reports 4.8% Increase In Q3 Net Profit
- by BW Retail World Bureau
- January 26, 2024
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 […]
National
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States
Over Rs 2.5 Cr Worth Of Firecrackers Light Up Bhopal For Ram Lalla Idol Ceremony
- by BW Retail World Bureau
- January 24, 2024
People in Bhopal celebrated the consecration of the Ram Lalla idol on Monday in the same way they do during Diwali. Traders estimate that firecrackers worth over Rs 2.5 crore were sold in the city during the previous 3-4 days. Even on Monday, the firecracker market was buzzing with activity. Traders reported that the firecracker […]
Electronics
National
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Indian Smartphone Market Sees Rebound With 20% YoY Growth In Q4 CY2023
- by BW Retail World Bureau
- January 23, 2024
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 […]
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Paint Industry Brushes Up For Q3FY24 Post Festive Season
- by Amisha Sharma
- January 16, 2024
The paint industry anticipates a vibrant Q3 amidst changing market dynamics. Amid the soft second quarter two of financial year 2024 (Q2FY23) performance in the paint segment, the players are expecting a positive change in the upcoming quarter three of financial year 2024 (Q3FY24) results fueled by festive season demand. While the market conditions have […]
News
States
Liquor Sales Skyrocket In Delhi, Reaching 3 Cr Bottles In 2 Weeks
- by BW Retail World Bureau
- November 15, 2023
Delhi consumed alcohol of over Rs 500 crore for Diwali this year. According to data and reports, Delhi witnessed a substantial upswing in alcohol sales this year, raking in a revenue exceeding Rs 525 crore during the two-week period leading up to the festival of lights. In the 18 days preceding Diwali, a staggering 3 […]
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Clearing Smog Post Diwali: Air Purifier Market Sees Seasonal Surge
- by Amisha Sharma
- November 13, 2023
As the festive cheer of Diwali fades away, a concerning reality looms over Delhi — the national capital witnessed a significant breach of the fireworks ban, resulting in a thick layer of smog engulfing the city the very next day. Despite the ‘Diya Jalao, Patakhe nahi’ campaign by Delhi government and Supreme Court order restricting […]
National
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Retail
Over Rs 30,000 Cr Worth Of Precious Metals Sold Across India On Dhanteras
- by BW Retail World Bureau
- November 10, 2023
The five-day-long Diwali festival which starts from today, began with great enthusiasm across the country. In this series starting from Dhanteras today, the festivals of Roopchaturdashi tomorrow, Diwali on 12 November, Govardhan Puja and Annakut on 13 November and Bhaiya Dooj on 15 November will be celebrated. According to an estimate by the Confederation of […]