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Godrej Consumer Products expects double-digit domestic sales growth in Dec quarter

Godrej Consumer Products Ltd said the sector witnessed "slow growth driven by poor rural consumption" and a slowdown post the festive seasonNew Delhi: FMCG major Godrej Consumer Products Ltd (GCPL) expects a double-digit sales growth in the domestic market for...

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...

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 2019New Delhi:  Retail sales in India was up 19%...

FMCG industry continues to see slowdown; sales volume falls in rural mkts in Sept quarter: Report

The FMCG industry witnessed an overall volume decline of 0.9 per cent in the September quarter in comparison to the preceding three monthsNew Delhi: The country’s FMCG industry continued to witness consumption slowdown in the September quarter, with rural markets...

FMCG makers expect margins improvement and comeback of rural sales from Q3 as inflation eases

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 wellNew Delhi: The FMCG industry expects an improvement in...

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 centNew Delhi: Aditya Birla Fashion and Retail on Friday reported over five-fold jump in consolidated net profit at Rs 29.44 crore...

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...

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...

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...

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...
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Eyewear brand Sam & Marshall India sees 350% annual growth in client base

The monthly reach of the brand is roughly four million people and its website users are over 100,000 every...
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