consumer spending
consumer News

70% of Indians Plans To Spend More This Diwali, Survey Suggests

New data shows approximately 70 per cent of Indians are ready to spend more this Diwali, representing a marked 35 per cent increase from last year, according to the third Festive Pulse Survey conducted by global advertising technology leader The Trade Desk (Nasdaq: TTD). The planned increase in consumer spending is led primarily by consumers’ […]

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Brands Companies Fashion & Lifestyle News

Uniqlo India Reports 69% Sales Growth, Nearly Triples Net Profit

Uniqlo, the largest clothing brand in Asia, has reported a 69 per cent increase in sales, with its Indian unit nearly tripling its net profit for the fiscal year ending in March 2023. According to their latest filing with the Registrar of Companies, the Japanese brand achieved a net profit of Rs 68.38 crore, with […]

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FMCG News Retail

Modern Trade Drives Growth In India’s FMCG Sector

India’s organised retail sector, accounting for approximately 12 per cent of total fast-moving consumer goods (FMCG) sales, witnessed its highest growth in six quarters, recording a year-on-year surge of 21.1 per cent during the April-June period, as per NielsenIQ data. This growth was fueled by a stable urban demand environment. NielsenIQ, the data insights and […]

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consumer E-commerce & Marketplaces News

Ecommerce In New Bharat: Report Forecasts Consumer Spending To Hit $4 Tn By 2030

Shiprocket, an ecommerce enablement platform, launched a detailed trends report titled “eCommerce in the New Bharat and it’s Future” on Friday at its flagship event Shiprocket SHIVIR 2023 in New Delhi. The report was launched by Shiprocket’s CEO & Co-Founder, Saahil Goel, along with T Koshy, MD, & CEO of ONDC, and Bhaveh Pitroda, CEO, […]

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