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The Indian Kids Wear Market was valued USD 16.62 Billion in FY2020 and is forecast to grow at CAGR of 5.89% through FY2026 to reach USD 22.53 Billion by FY2026.
Rising disposable income of Indian households and changing lifestyles, especially in urban areas, is propelling the demand for Kids Wear in the country. Increasing number of nuclear families and rising number of dual income households is forecast to continue driving growth in the country s Kids Wear market in the coming years.
Indian culture is known as one of the richest and oldest cultures across the globe. However, increasing westernization, rising number of nuclear families and growing purchasing power is increasingly influencing consumers and thereby positively impacting the country s Kids Wear. Nowadays, parents have started spending more on kids and want their kids to wear latest fashion branded apparel, and this trend is more prevalent in T
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According to an official email to the company’s staff, reviewed by ET, January 11 will be Vasudev’s last working day at Lifestyle but would be on the company’s payroll until end of March.
Agencies
In the photo: Kabir Lumba, CEO - designate and group director of Landmark Group
Bengaluru: Kabir Lumba, CEO - designate and group director of Landmark Group, is the interim chief executive of the country’s biggest department store chain Lifestyle and home furnishing stores Home Centre, the company said in a press statement. This move comes with Rishi Vasudev’s departure as the CEO of the two store chains, exactly a month after the Dubai-based retail group said it is elevating Lumba to the chairman of its board of directors of Lifestyle International.
General Insurance Corporation of India saw volume of 28.91 lakh shares by 14:14 IST on NSE, a 5.93 fold spurt over two-week average daily volume of 4.88 lakh shares
New India Assurance Company Ltd, Bajaj Electricals Ltd, CARE Ratings Ltd, Shoppers Stop Ltd are among the other stocks to see a surge in volumes on NSE today, 11 January 2021.
General Insurance Corporation of India saw volume of 28.91 lakh shares by 14:14 IST on NSE, a 5.93 fold spurt over two-week average daily volume of 4.88 lakh shares. The stock increased 2.94% to Rs.148.90. Volumes stood at 18.02 lakh shares in the last session.
New India Assurance Company Ltd recorded volume of 26.34 lakh shares by 14:14 IST on NSE, a 5.51 times surge over two-week average daily volume of 4.78 lakh shares. The stock gained 4.40% to Rs.135.30. Volumes stood at 15.59 lakh shares in the last session.
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