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Tag: affordable

As APAC luxury markets sink by US$ 2.1 bn, brands turn to affordable luxury, says GlobalData

Luxury has been one of the most affected industries in the retail sector due to the COVID-19 pandemic. The crisis led to the closure of several luxury stores across the Asia-Pacific (APAC) region, bringing their revenue stream to a standstill during the first half (H1) of 2020. Against this back drop, brands are turning to …

As APAC luxury markets sink by US$ 2.1 bn, brands turn to affordable luxury, says GlobalDataRead More

E-shoppers load festive carts with affordable goods, Retail News, ET Retail

BENGALURU: The value of merchandise sold by Flipkart and Amazon during the recent month-long festival sales may have fallen short of analysts’ estimates, marginally, while the number of units sold were in line with industry expectations, according to multiple people aware of the specifics. The slight dip in this year’s projected gross value of sales …

E-shoppers load festive carts with affordable goods, Retail News, ET RetailRead More