Sales
Economy
RAI retail business survey indicates spike in jewellery and footwear sales; could be attributed to wedding season
The eastern and western parts of India witnessed a growth of 17% in November 2022, while north and south India saw a 13% growth, the Retail Business Survey by the Retailers Association of India revealed
Mumbai: The 34th edition of...
Fashion
Retail businesses report 19% growth in sales in October 2022 vis-a-vis pre-pandemic period: RAI Survey
Consumer durables and electronics (CDIT) and quick service restaurants (QSR) emerged as the best performing categories with a growth of 38% and 33% respectively, compared to sales levels in October 2019
New Delhi: Retail sales in India was up 19%...
In Focus
FMCG industry continues to see slowdown; sales volume falls in rural mkts in Sept quarter: Report
PTI -
The FMCG industry witnessed an overall volume decline of 0.9 per cent in the September quarter in comparison to the preceding three months
New Delhi: The country’s FMCG industry continued to witness consumption slowdown in the September quarter, with rural markets...
In Focus
FMCG makers expect margins improvement and comeback of rural sales from Q3 as inflation eases
PTI -
In the September quarter, FMCG companies reported a price-led growth in their top line. While in some segments, FMCG makers such as Britannia, Dabur and Nestle have reported volume growth as well
New Delhi: The FMCG industry expects an improvement in...
Fashion
ABFRL Q2 net profit jumps five-fold to Rs 29.44 crore; revenue 50 pc higher at Rs 3,074.61 crore
Revenue from Madura Fashion & Lifestyle was up 45.51 per cent and that from Pantaloons was up 64.41 per cent
New Delhi: Aditya Birla Fashion and Retail on Friday reported over five-fold jump in consolidated net profit at Rs 29.44 crore...
Retail
April is the worst month for UK retailers
Retail sales in the United Kingdom fell by 1.5 per cent in April, compared to the same month last year, when sales were up by 2.4 per cent. From February to April, sales were down at 0.6 per cent...
Retail
Brazil retail sales up 8.5 percent
Brazil's retail sales rose 8.5 percent in September this year compared to the same period last year, according to official figures.
However, this was lower than the revised 10.3 percent gain in August, the national statistic agency said in a...
Retail
August retail sales rose in Hong Kong
As rising incomes and better job prospects boosted consumer confidence, Hong Kong's retail sales rose 15 percent year-on-year in August, claimed a government spokesman.
The thriving stock market during the month, coupled with further expansion in inbound tourism, have helped...
Retail
Best Buy Q4 profit rise 18 per cent
Largest U.S. consumer-electronics retailer, Best Buy Co., said its fourth-quarter profit rose on redemption of gift cards. Net income for Best Buy rose by 18 per cent to $763 million. The company had a pretax charge of $144.6 million...
Retail
Cold weather freezes US retailer’s sales
Trends suggest that the U.S. retailers' sales will grow at the slowest pace in past three months due to cold weather. This has been the coldest February since 1979, and has caused the consumer to holdup their shopping of...
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Latest News
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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