Page 7 of Sales

shoppers stop, earnings, quarter results, festive season, wedding season, profit, sales, inflation, economic impact

Shoppers Stop Q3 profit jumps 24% on festive demand

Shoppers Stop’s net profit rose to 620.6 million rupees ($7.63 million) for the quarter ended Dec. 31. Revenue stood at…

January 24, 2023 10:07 IST

HUL, inflation, sales growth, rural market, volume growth, consumer spending, commodity prices, budget 2023, union budget, manufacturing, tax rationalisation, supply chain

HUL CEO has a good news about inflation but not about rural sales growth; here’s what he said after Q3 results

HUL CEO Sanjiv Mehta said that while the worst of inflation is ‘perhaps behind’ but there is a long way…

January 20, 2023 13:55 IST

sales drop, annual guidance, fashion retailer, earnings, forecast, delivery times, performance, retailer, inflation, inventory levels

Online retailer Boohoo sales drop 11% in Christmas period

For its financial year which ends on Feb. 28, Boohoo, which sells clothing, shoes and accessories aimed at 16 to…

January 19, 2023 15:59 IST

sales, high costs, weak demand, consumers, earnings decline, performance, losses, raw materials, product launch

Electrolux slides into quarterly loss on weak North America sales, costs

Electrolux warned weak performance particularly in North America lead to an estimated group operating loss of 2.0 billion crowns ($191…

January 12, 2023 11:35 IST

Flipkart, heating appliances, room heaters, consumer demand, smart appliances, sales growth, energy efficient, consumers

Demand for heating appliances up 33% year-on-year, consumers spending on smart appliances, says Flipkart

“The demand for the heating appliances segment has seen a spike of 33 per cent during October-December period as compared…

January 11, 2023 18:13 IST

Tata Group, app, digital strategy, Tata Neu, performance , sales target, technical glitches, e-commerce, investors, Gautam Adani, Mukesh Ambani, Tata Digital

Tata reviewing strategy for e-commerce app to compete with Amazon as sales may miss target by 50%

Tata Neu that went live in April, will see sales of about $4 billion in the year to March 31…

January 11, 2023 12:26 IST

Oberoi Mall planning to add 25,000-30,000 sq ft of additional space to launch 20-22 new outlets: CEO INTERVIEW

“Our key focus in the year 2022 was the introduction of new brands especially from categories like fast fashion, F&B…

January 11, 2023 11:49 IST

consumer durable, appliances, electronics, sales, revenue, growth, demand, premium, feature-led products, consumer sentiments, economy, product portfolio, inflation, price rise, commodity price

Consumer durable cos to drive double-digit growth in 2023, backed by demand for premium & feature-led products

Consumer durable and electronics brands are expecting most growth to come from tier-II and beyond towns with consumers looking at…

December 30, 2022 15:17 IST

retail, retail industry, retailers, footfalls, conversion rate, wedding season, festive season, sales growth, e-commerce, consumer, D2C, consumer experience, global headwinds, inflation, disposable income, marketing, customer acquisition

Retail brands registering 8-10% higher conversions over pre-Covid levels, says Deloitte’s Rajat Wahi

“The overall retail industry is roughly about US $ 850- 870 billion and while it remained flat in the last…

December 27, 2022 13:23 IST

e-commerce, sale, sellers, EOSS, wedding season, fashion, demand, shopping experience, repairs, maintenance, service providers

Flipkart sells 82 lakh fashion, lifestyle products from 2 lakh sellers during end-of-season sale

With the ongoing wedding season, as customers across the country are embracing latest trends, the End of Season Sale clocked…

December 23, 2022 11:17 IST

October tractor sales buoyant on higher MSP, festive buying

Mahindra’s Farm Equipment Sector sales up by 21%, sells 47,100 tractors in India, exports touch 1,613 units

M&M’s FES domestic sales in September 2022 stood at 47,100 units, as against 39,053 units during September 2021 indicating a…

October 3, 2022 16:26 IST

Mega Home Utsav 2022: From free car parking to stamp duty waiver – Check mega deals & discounts for homebuyers

Showcasing prominent properties from 22 cities in the county, the event will run between September 20 and October 20, 2022.

September 19, 2022 17:05 IST

consumer electronics, consumer durable, retail sales, consumer demand, price hike, commodity price, television, refrigerator, ACs

Indians to buy Rs 1 trillion worth of consumer durables this year; AC, TV, fridge, others to drive sales

The consumer durable industry is in for a 15-18 per cent revenue growth this fiscal, expected to come on the…

September 9, 2022 17:29 IST

festive sales, festive month, ecommerce, online sales, GMV, growth, online shoppers, fashion, mobile, electronics, video commerce

Festive season online sales will grow by 28% this time to reach $11.8 billion, says Redseer

The festive month generally starts from the first sales event and lasts roughly till Diwali week, including non-sale or business-as-usual…

September 8, 2022 12:03 IST

real estate, property registration, home loan, residential property, sales growth, repo rate, commercial property, luxury, sales momentum, buyer sentiment

Mumbai property registrations grow 20% on-year, over 8000 units sold in Aug; Rs 620 cr added to state revenues

August generally records a MoM drop in property registrations, but this 2022 August was the best performing August month in…

August 30, 2022 20:56 IST

consumer durable, electronics, brands, air conditioners, AC, TV, refrigerator, price hike, inflation, promotions, discounts, sales growth, festive season, premium products, smart products, pent up demand

Consumer durable firms eye up to 50% sales surge during festive season; premium, smart products to lead demand

Consumer durable and consumer electronics brands are expecting sales to increase by up to 50 per cent during the festive…

August 25, 2022 13:40 IST

Chinese battery giant CATL posts strong Q2 profit on robust EV sales

CATL, the world’s largest electric vehicle (EV) battery manufacturer, more than doubled its profit in the second quarter as Chinese…

August 24, 2022 11:42 IST

EV startups in India raise about $673 million and counting in 2022

Indian EV market to hit annual sales of 17 million units by 2030: Report

India’s electric vehicle market is expected to expand at a compounded annual growth rate of 49 percent between 2021-2030, with…

August 23, 2022 15:16 IST

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Silver crashes 11% after record rally past $80 — What to watch for next

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