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Consumer spending

Netizens spend over Rs 2 million on unusual D2C brands in 2023: Report

Consumers surprisingly invested on astrology, religious products and hobbies such as knitting and gardening, as per an Instamojo report Bengaluru: Indian netizens spend more than Rs 2 million on unusual D2C (direct-to-consumer) brands in FY (fiscal year) 2023 according to a...

Indian spending to return to growth in 2021: Fitch Solutions

After a COVID-19 pandemic-led contraction in consumer spending in 2020, household spending will return to growth in 2021, expanding by as much as 6.6 per cent, Fitch Solutions said on Monday. Consumer spending is forecast to have contracted by 12.6 per cent...

78 pc Indian consumers cut spending amid COVID-19: Report

COVID-19 has significantly impacted Indian consumers as 78 percent of the Indian consumers said they have reduced discretionary spending, a new KPMG report revealed on Wednesday. However, 51 percent of respondents feel that the impact of COVID-19 will be short-lived...

Post-note ban, mixed bag for consumer sector in 2017: Jefferies Report

An interesting dichotomy in consumer spending space has emerged for this year as a result of demonetization where a shift from unorganised to organised trade will be confronted by a weak macro-environment, says a top investment banker. This apart, consumer...

Asia-Pacific new growth hub for jewellery, watches

Although many jewellery retailers across the globe have struggled over the last couple of years, Asia-Pacific (excluding Japan) has remained relatively unscathed by the global economic crisis. The region accounts for 31.2 per cent of the global market and...

Jump in French consumer spending

French consumer spending was stronger than expected in July and August, official figures have shown. Solid growth in spending on cars and housing equipment pushed spending up 0.9 per cent in July and 1 per cent in August, compared with...

Consumer on a spending spree

Average consumer spending in India increased by about 42 per cent, primarily due to increase in the disposable income. Adding an impetus to this upward trend, is the rapid shift of the Indian retail industry from an unorganized structure...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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