Strong Wedding Season In H2 Likely To Boost Liquor Sales: Nuvama
The report mentions that the beer category has faced a dip in volumes primarily due to extended, severe monsoons and floods in key states
The report mentions that the beer category has faced a dip in volumes primarily due to extended, severe monsoons and floods in key states
Retailer reports higher revenue on beauty and premium fashion sales, expects strong festive and wedding season demand to lift growth The Shoppers Stop reported a net loss stood at Rs 22.68 crore in Q2 FY26, compared to Rs 22 crore in the same quarter last year. Despite this, revenue from operations rose 10.04 per cent […]
Companies across the apparel industry are focusing on store rationalisation to enhance margins, although net store additions may remain low in the second half of the year
India’s gold imports are anticipated to nosedive by more than 90 per cent in March, reaching their lowest point since the COVID-19 pandemic outbreak, according to a government official and two bank dealers cited by Reuters. The drop comes as banks curtailed imports following a surge in prices, which dampened demand for the precious metal, […]
With the ongoing wedding season at its peak, jewellery retailers have been witnessing strong demand, momentum and footfalls across their showrooms in India. And they are consistently focusing on capitalising on this demand. “We have expanded our market presence and customer share at a Pan-India level, garnering 35 per cent revenue growth in the first […]
The beauty brands have high expectations for this year’s wedding season in India, as it leads to more cosmetics sales. The brands have experienced a substantial surge in sales and heightened demand within the beauty segment. However, the sector faces challenges amid the peak times. “While the wedding season has brought us amazing sales, we […]
As the nation emerges from a record-breaking Diwali festive season, the business community is gearing up for a colossal surge in demand with the commencement of the upcoming wedding season on 23 November. With an estimated 38 lakh weddings expected to take place across the country, the mainline retail sector, encompassing goods and services, anticipates […]
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 […]
Indian textiles maker Raymond reported on Friday a multifold jump in first-quarter profit, helped by an exceptional gain from the sale of its consumer business. Raymond’s consolidated profit was Rs 1,065 crore for the three months ended 30 June, compared with Rs 80.9 crore a year earlier. In April, Raymond agreed to sell its consumer […]
As the wedding season rang in, Indian retail businesses witnessed an increase of 15 per cent in sales this November over the pre-pandemic sales level in the same month of 2019. However, pan-India retail sales increased by only 6 per cent as compared to the last year, according to the latest survey. As per the […]