Feedback
A pioneer B2B media and publication platform connecting with Fashion Brands & Retail in India

Indian retail expects to bounce back in 2020

The Indian retail industry expects to bounce back in the second half of 2020. A pickup in demand and growth is expected. But this would depend on various factors like recovery of manufacturing and other sectors, incentives in the union budget and availability of money in the hands of consumers to make purchasing decisions. If the budget is pro-consumption and has measures so that additional cash is available in the hands of people, it would increase consumption. This would also be helped by initiatives such as increased spending on infrastructure projects and corporate tax breaks. Support including ease of doing business across sectors may have an impact on retail as well.

Major players struggled to keep themselves on the growth chart in 2019. Formal retailers showed growth but not dramatically a double-digit growth. Though the economic slowdown started in high-ticket segments like real estate, auto and consumer durables due to the credit squeeze triggered by the NBFC crisis, it spread to other sectors such as retail as the consumption basket shrank. There is stress in the system due to lack of funds. The consuming class has either downgraded or become careful in spending. The consumption slowdown, a reflection of weaker consumer sentiments, damped demand.

LATEST TOP NEWS
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

Brands face near term losses as retailers shut stores due to COVID 19

Brands face near term losses as retailers shut stores due to COVID 19

With the COVID -19 virus rapidly crawling into the skin of humanity worldwide, apparel brands and retail companies are likely to be severely impacted in the near term as government... Read more

India’s e-commerce competition heats up as Reliance joins the race

India’s e-commerce competition heats up as Reliance joins the race

The Indian e-commerce sector, which saw several ups and downs in the past decade, has completely transformed the shopping patterns of consumers. Though the sector’s growth slowed around the middle... Read more

Coronavirus threatens retail jobs, revenue growth in India

Coronavirus threatens retail jobs, revenue growth in India

The Retailers Association of India (RAI) says, COVID-19 pandemic amid an economic slowdown has hit revenue at Indian retailers selling non essential items like clothes and jewellery by 75 percent... Read more

Despite FDI relaxations, single brand retailers choose local partners for India

Despite FDI relaxations, single brand retailers choose local partners for India

The Department for Promotion of Industry and Internal Trade (DPIIT) recently clarified that single brand retailers, owned by foreign companies, can fulfill their local sourcing requirements by procuring goods produced... Read more

Tracking the imaginative approach to a Fabindia's evolution

Tracking the imaginative approach to a Fabindia's evolution

Shubha Patvardhan, Professor of management at the UD’s Alfred Lerner College of Business and Economics, and J Ramachandran from the Indian Institute of Management Bangalore in their award-winning paper ‘Shaping... Read more

Tjori dedicates itself to beauty and strength of traditional Indian heritage

Tjori dedicates itself to beauty and strength of traditional Indian heritage

With its rich traditions and culture, love for ethnic wear never fades in India. Though many new trends and styles have been introduced lately, ethnic wear continues to be the... Read more

With innovative collections, Lotto to focus on retail expansion in Tier II, III …

With innovative collections, Lotto to focus on retail expansion in Tier II, III cities

With its name derived from the last name of its founders, Lotto is synonymous with technological and design innovation in the world of sports. The brand has created a niche... Read more

Hail Women: Transforming looks with unique collections

Hail Women: Transforming looks with unique collections

Incepted in 2018, Hail Women-an online women’s high fashion professional wear startup aims to end morning wardrobe struggles of all working women. Offering an array of Western formal business attire... Read more

Ruff to focus on domestic and international retail expansion

Ruff to focus on domestic and international retail expansion

Recent innovations like colored jackets, trendy blazers and fancy denim jackets have helped Ruff to maintain its futuristic outlook. Launched in 1980, Ruff is the first brand in the country... Read more

North Mist eyes the international market with new products

North Mist eyes the international market with new products

India’s first organic cotton menswear brand NorthMist, has mostly stayed pivotal to its initial ranges of products. However, now, the brand plans to diversify its product range. “We plan to... Read more

MOST POPULAR NEWS
Go to top