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Sunday, August 7, 2022

Festive season: Burst of discretionary spending likely till December; recovery seen for electronics, gifting too

"We have forecast double-digit growth this festive season over the festive months of 2019," said Vishal Chaturvedi, vice-president (South Asia), The Body Shop. "This includes gifting across various upcoming festivals, Diwali and the wedding season. People are also coming back to physical stores after the last two years of stress, which were bad for us as well."

from Economy-News-Economic Times https://ift.tt/QdmhJfN
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