Festive Demand Shifts To Kunafa, Thekua: GoKwik
GoKwik report shows Indians buying more Kunafa, Thekua and protein bars during festivals as digital shoppers shift beyond traditional sweets
GoKwik report shows Indians buying more Kunafa, Thekua and protein bars during festivals as digital shoppers shift beyond traditional sweets
ColdStar logistics has forecasted record festive demand surge as policy-led consumer optimism lifts quick commerce sector India’s festive season is expected to bring a sharp surge in quick commerce orders, projecting a 120–140 per cent year-on-year rise in online demand as per ColdStar Logistics report.The company attributed the increase to stronger consumer sentiment following recent […]
Strong festive demand and digital sales boost quarterly performance; Candere revenue surges 127% YoY Kalyan Jewellers India reports a robust 30 per cent year-on-year growth in consolidated revenue for the quarter ended Q2 FY26, driven by strong festive demand, new store additions, and a sharp rise in digital sales through its Candere brand. Revenue […]
Industry leaders say the revised GST rates will make skincare more accessible, revive salons, and boost festive demand In a widely praised move, the Indian government’s decision to lower GST on personal care essentials from 18 per cent to 5 per cent has garnered enthusiastic responses from industry leaders, who view it as a […]
The report says the subdued demand may be due to several factors, including heavy rains leading to lower footfall, weak consumer sentiment
These figures come from the big sales of Amazon and Flipkart, along with Myntra also contributing significantly
The Bank of Baroda (BoB) in a recent report has said that increased shipping costs and delays in shipments due to the Red Sea crisis is a major headwind for the textile sector. The report titled ‘Corporate performance: Q3-FY24’ stated that for the textiles sector, festive demand momentum was short-lived as discretionary demand continues to […]
The rise in prices of onions and tomatoes pushed up the cost of vegetarian and non-vegetarian thalis by 10 per cent and 5 per cent respectively in November over the last month, according to a report by CRISIL. This is a rise of 9 per cent in the cost of the vegetarian thali in November […]
Kalyan Jewellers India reported a 27.1 per cent rise in its second-quarter profit on Tuesday, helped by rising domestic demand for its ready-to-wear jewellery line and increased traffic at stores ahead of the festive season. Consolidated net profit rose to Rs 135 crore from Rs 106 crore a year ago for the three months ended […]
The Bank of Baroda in a report has said that India’s growth story is expected to maintain its resilience led by festival demand. This is expected to pump up growth in this quarter. Inflationary concerns ebbed slightly as major price data showed signs of respite with vegetable prices correcting in September 2023, as well as […]