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Grasim Textiles plans to open 100-120 retail stores in smaller cities over next two years

It also hopes for a surge in demand for textile products in the upcoming festive season Kolkata: The textile division of Grasim Industries is planning to expand its footprint in smaller cities and towns by opening around 100-120 retail stores over...

Festive season demand helps lift textile prices: Ind-Ra Report

Healthy festive and export demand lifted the prices of textile products in November 2020, said India Ratings and Research (Ind-Ra). According to Ind-Ra, cotton prices inched up by 2-4 per cent on a month-on-month (MoM) basis and were even higher...

Festivity brings back cheer to small businesses: Report

The festive season has brought about a much-needed respite to the micro, small and medium enterprise sector. These sectors have witnessed faster recovery, particularly sale of sweets, reveals data gathered by OkCredit, the pioneers in digital bookkeeping apps which are...

56% e-commerce order volume growth this festive season: Report

This festive season the e-commerce industry reported ~56% growth in order volume as compared to the festive season last year*. The increasing order volume also led to the 50% growth in GMV as compared to the last year festive season. "The consumers have...

Festive season set to boost e-commerce & retail industry

The festive season is just around the corner. While India is battling the economic slowdown, the e-commerce and retail industry is all geared up to capitalize on the festivities with a hope to recover lost sales. The online retail...

Festive season spend may dip by 33 percent this year: Report

Consumers spending in the upcoming festive season is likely to drop by one-third compared to last year and Coronavirus impact may further add to the woes of local retailers, according to a survey by Localcircles. Most of the consumers surveyed...

Less reason to celebrate for retailers: GST deflates festive season jubilance for SMEs in retail

The festive season in India is a time for celebration and family revelries, and the important role of gifting in our culture has always meant that it is the busiest time for retail businesses. Large volumes of products flew...
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The Luxottica report card for 2022

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