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Replacement Demand: Smartphone shipments rise up to 8% during festive season, ET Retail

Replacement Demand: The season also saw a shift in fortunes for general trade, which boosted its market share to 35-40% from about 32% the year before, while online channels remained flat. That said, analysts continue to predict a 1-2% on-year annual decline in shipments in 2023 despite the notable surge in sales during the festive season. ....

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5G connectivity: Smartphone shipments rise up to 8% during festive season

The season also saw a shift in fortunes for general trade, which boosted its market share to 35-40% from about 32% the year before, while online channels remained flat. That said, analysts continue to predict a 1-2% on-year annual decline in shipments in 2023 despite the notable surge in sales during the festive season. ....

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Garment industry sees lacklustre Diwali sales, Retail News, ET Retail

Garment Industry: "Although we are not able to know the exact reason for the sluggish demand, we think that the people are not enthusiastic about buying new clothes as they are probably sufficiently stocked up," Mehta said. "Or, the lure for buying new electronic items could be stronger than for buying new clothes." ....

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Garment industry sees lacklustre Diwali sales

"Although we are not able to know the exact reason for the sluggish demand, we think that the people are not enthusiastic about buying new clothes as they are probably sufficiently stocked up," Mehta said. "Or, the lure for buying new electronic items could be stronger than for buying new clothes." ....

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Diwali: All hail the great Indian consumer; foreign buyers could soon light up sales in future

Diwali has always been the best time in India to boost sales in every sector. From auto sales to luxury apartments, the numbers are setting new records. ....

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