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Consumers Acquire a Taste for Premium as Mass Market Lags

Hindustan Unilever and United Spirits together present a study in contrasts that seemingly reinforces the current purchasing trends in Indias consumption sector.

Hindustan , India-general- , India , Rohit-jawa , Devangshu-dutta , Johnnie-walker , Hindustan-unilever , United-spirits , Diageo-controlled-united-spirits , Middle-india , Third-eyesight

India's consumption landscape: Consumers acquire a taste for premium as mass market lags, ET Retail

At Hindustan Unilever, the country's biggest consumer company by both sales and market value, the story isn't vastly different. The FMCG bellwether said its premium portfolio expanded more than two-and-a-half times the mass segment over the past few quarters.

Hindustan , India-general- , India , Mumbai , Maharashtra , Johnnie-walker , Rohit-jawa , Devangshu-dutta , Hindustan-unilever , United-spirits , Diageo-controlled-united-spirits

Business of Religion: From jewellery to agarbatti, how India Inc is cashing in on Brand Ayodhya

Business of Religion: From jewellery to agarbatti, how India Inc is cashing in on Brand Ayodhya
firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.

Jaipur , Rajasthan , India , Lucknow , Uttar-pradesh , Varanasi , Ayodhya , Pushkar-lake , India-general- , Pakistan , Ajmer , Mumbai

Competition Heats Up in India's Jewellery Sector

Competition Heats Up in India's Jewellery Sector
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

Patna , Bihar , India , Texas , United-states , Ahmedabad , Gujarat , Bengaluru , Karnataka , Hyderabad , Andhra-pradesh , Panipat

Global Retailers: Top global apparel brands and retailers doubled sales in India over the past two years, ET Retail

Global Retailers: Swedish fashion retailer H&M and rival Zara reported a 40% increase in its topline while Japanese brand Uniqlo saw a 60% jump in sales. American denim maker Levi Strauss and British brand Marks & Spencer posted a 54% increase, latest filings with the Registrar of Companies showed. Dubai-based department store Lifestyle International, too, saw a 46% jump in revenues on a large base.

United-kingdom , India , Sweden , Japan , United-states , Dubai , Dubayy , United-arab-emirates , American , Japanese , Swedish , British

Top global apparel brands and retailers doubled sales in India over the past two years

Swedish fashion retailer H&M and rival Zara reported a 40% increase in its topline while Japanese brand Uniqlo saw a 60% jump in sales. American denim maker Levi Strauss and British brand Marks & Spencer posted a 54% increase, latest filings with the Registrar of Companies showed. Dubai-based department store Lifestyle International, too, saw a 46% jump in revenues on a large base.

Sweden , United-kingdom , United-states , Dubai , Dubayy , United-arab-emirates , India , Japan , British , Swedish , American , Japanese

How HUL plans to serve the customers of tomorrow

Hindustan Unilever (HUL)'s decision to split its beauty and personal care division and place a renewed focus on digital has been driven by its aim to serve the consumer of tomorrow, say analysts and brand experts.

HUL managing director and chief executive officer Rohit Jawa is looking to make the company 'future ready', and while these bets are not for the short-term, they will eventually pay off as the Indian consumer is young and digital friendly, they add.

'Rohit Jawa comes with digital experience and he is preparing to steer HUL into serving the future consumer who is more digital friendly,' said Sachin Bobade, vice-president at brokerage firm Dolat Capital.

India , Hindustan , India-general- , Devangshu-dutta , Harman-dhillon , Sachin-bobade , Rohit-jawa , Kartik-chandrasekhar , Arun-neelakantan , Hindustan-unilever , Third-eyesight

100 years of Sabyasachi? The fashion designer's quest for legacy

Fashion designer Sabyasachi Mukherjee is prepping his brand to last more than a century by making big plans for the next 20 years

Hyderabad , Andhra-pradesh , India , Kolkata , West-bengal , New-york , United-states , Tanjore , Tamil-nadu , Alipore , Dubai , Dubayy

Luxury brands script clause to share space with equals at Jio World Plaza

Several super-luxury brands in the newly inaugurated Jio World Plaza luxury mall in Mumbai have stipulated that a minimum of four top brands, such as Louis Vuitton, Gucci, Cartier, Burberry, Tiffany, Valentino, Bulgari, Zegna, Giorgio Armani, and Bottega Veneta, should operate within the same complex to maintain their brand exclusivity. Copies of agreements between Reliance Industries, the mall's owner, and five brands revealed this requirement. While many brands seek exclusivity clauses in malls to avoid direct competition, super-luxury brands in this case want similar brands nearby to attract a consistent buyer profile.

Mumbai , Maharashtra , India , Devangshu-dutta , Louis-vuitton , Valentino , Jio-world-centre , Giorgio-armani , Bulgari , Burberry , Reliance-industries , Gucci

Decathlon FY23 sales shoot up 37% in India

Decathlon's India unit experienced a 37% increase in sales to Rs 3,955 crore in FY23, driven by high demand for fitness wear and sports equipment. The company, which offers products for 85 different sporting disciplines, is larger than Adidas, Nike, and Asics combined in India. Despite the growth in sales, Decathlon reported a net loss of Rs 18.6 crore.

France , India , French , Devangshu-dutta , Asics , Adidas , Registrar-of-companies , Decathlon , Decathlon-india-sales , Decathlon-sporting-goods , Sporting-goods , Nike