Demand for clothing, lifestyle goods remains weak; recovery uncertain – ET Retail

Representative Image The slowdown in demand for clothing and lifestyle products like televisions and smartphones, which brands initially believed was a temporary blip, is persisting even after two years. Companies now say predicting a revival timeline is difficult as aggressive discounting strategies, including early end-of-season and Republic Day sales, have failed to boost demand. With…

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Clothing brands see upbeat consumer sentiment this Diwali; expect strong demand momentum during wedding season – ET Retail

Representative Image With a growing consumer confidence and festive season in full swing, lifestyle and clothing brands in India are witnessing a strong consumer demand and positive sentiments, after a slower first half of the year. According to industry experts, the season promises a significant sales growth, as the focus shifts toward festive wear, wedding…

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