Curfews, protests lead to end-of-sales season
Christmas sales are lacklustre despite retailers offering flat 40-50% discounts.
Synopsis
Despite advancing end-of-season sales by 10 days in December, brands and malls said purchases have declined 10-15% from November when retailers recovered about 70-75% of last festive season’s business, buoyed by Diwali and pent-up wedding shopping.
New Delhi: Night curfews and the farmers’ protests have hit year-end shopping, with retailers disappointed that the post-Diwali festive fervour appears to have fizzled out. Cities such as Mumbai and elsewhere in Maharashtra, Gujarat, Punjab and other states are forcing shops to close by evening while the farm agitation centred around Delhi is deterring potential buyers in Punjab, Rajasthan and Uttar Pradesh from hitting the National Capital
Thomas Cook India & SOTC Launch 72 Hours Year-End Holiday Sale
Posted On: 2020-12-18 03:27:08 (Time Zone: Arizona, USA)
Having witnessed strong demand from India s travellers for their recent 72 Hour Holiday Flash Sale, Thomas Cook India, India s leading integrated travel services company and its Group Company, SOTC Travel Ltd., have announced a 72 Hours Year-End Holiday Sale from December 18 - 20, 2020 to tap into the significant pent-up travel demand during the Christmas and New Year Season. On offer are a range of attractive domestic and international holidays starting at Rs. 3 600.00 and Rs. 23 299.00 respectively with exciting offers such as almost 50% back on a Dubai Holiday , special discounts at some of the finest hotels, meal credits, gala dinners and more.
Friday, 18 Dec 2020 09:36 AM MYT
Lazada Malaysia chief executive officer Leo Chow. File pic
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KUALA LUMPUR, Dec 18 Lazada Malaysia has achieved yet another record-breaking performance during its 12.12 Grand Year-End Sale, exceeding its previous year’s whole-day sales in just under 12 hours.
Its chief executive officer Leo Chow said shoppers purchased nearly 100 per cent more from toys and games, sports and outdoors, and mobiles and tablets categories than last year as Malaysians got ready for the season of giving and their New Year’s resolutions.
“In these tough economic times, we aimed to give back to our local community of shoppers, brands and sellers through the recent 12.12 sale.
CPN takes outlet strategy further for holiday season
published : 15 Dec 2020 at 04:00 Shoppers at Central Village ahead of the year-end holidays.
Central Pattana (CPN), the operator of luxury outlet Central Village, is pushing ahead with its outlet strategy by promoting even steeper discounts of up to 90% during the year-end holidays.
Thai architectural design and various marketing campaigns helped Central Village win the Asia-Pacific Property Awards 2020 Retail Development category. Central Village is distinct from our typical retail development projects. It offers high-quality products at affordable prices and is indeed a haven for shoppers that has become an important jigsaw piece to complete Thailand s retail development sector, said Nattakit Tangpoonsinthana, executive vice-president of marketing at CPN.