The revenue growth will be driven by strong retail consumption and improved rentals in their properties
New Delhi: Shopping mall operators are expected to earn 7-9 per cent higher revenue during this fiscal, driven by strong retail consumption and improved...
The report also said that the declining demand has restricted the ability to pass on the increased cost
Mumbai: Leather apparel and accessories players are likely to witness up to 8 per cent decline in revenue in 2023-24, following slowdown...
Apparel retailing in India stands to grow by up to 23% in revenue in the current fiscal year ending March 2023, riding on strong same-store sales, a boost in online sales and aggressive store expansions, a report by credit...
A broad-based demand revival, with increased footfalls and recovery in discretionary consumer spending, will help the organised brick and mortar (B&M) retail sector revenue reach the pre-pandemic mark of Rs 5.7 lakh crore with a 23-25% spurt next fiscal,...
Adoption of digital means for sales helped a majority of small businesses survive the pandemic, a survey conducted by rating agency Crisil said on Thursday. The agency polled 566 companies with a turnover of less than Rs 25 crore, 60 per...
Despite COVID-19, the Indian Retail & Shopping Centre
Industries are on verge of welcoming the festival season. The season, which commences around the month of September has been the ‘bread and butter season’ of the industry for decades now.
Inspite of...
Credit rating agency Crisil on Friday said that revenue of organised apparel retail sector is set to plummet by as much as 30-35 percent this fiscal due to the outbreak of COVID-19.
Accordingly, temporary store closures, restricted mobility and low...
Domestic ratings agency Crisil on Tuesday said it expects revenue of fast moving consumer goods sector (FMCG) companies to contract by 3 percent in 2020-21 as against its earlier expectation of a 10 percent growth.
However, companies will adopt lower...
The coronavirus lockdowns and the resultant disruptions in demand and supply will see the consumer sector degrowing by 2-4 percent this fiscal, says a report. However, the impact will be much larger, to the tune of 30-40 percent, if...
The Rs 4 lakh crore FMCG sector will close fiscal 2020 with a 9 percent growth, down 4 percentage points and a jump in rural buying will lift the same to 11 percent in fiscal 2021, a report said...