China's Economy Grew More Than Expected Over the Summer
The government invested heavily in infrastructure, state banks financed factory construction and consumers spent more, but real estate suffered.
Source: nytimes.com
Page 39 - Consumer Behaviour News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Consumer Behaviour Today - Breaking & Trending Today
zoya: Titan's Ajoy Chawla on premiumisation and luxury market, Zoya & more
Titan's CEO, Ajoy Chawla, believes that the luxury market in India is poised to grow with the per capita income crossing the $2,000 mark. He sees a trend towards premiumization and expects Zoya, Titan's luxury brand, to double its turnover in the next few years. Currently, Zoya has eight stores and plans to expand to 14 or 15 stores by next Diwali. While Zoya may be purchased for weddings and festive occasions, its focus has always been on occasion wear.
Source: indiatimes.com
Those Doritos Too Expensive? More Stores Offer Their Own Alternatives.
Retailers are expanding their own private-label food and beverage offerings, attracting customers looking for less expensive options.
Source: nytimes.com
Festival season: India to see record $11bn spending on online shopping by mid-Nov
Expanding smartphone penetration, economy propelling the e-commerce
Source: dunyanews.tv
In China Businesses Cut Prices as Consumers Spend Less
Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers are gravitating to discounts.
Source: nytimes.com