Business
Expect for mass-priced products below stress
Demand for mass-priced merchandise is still under pressure due to overall inflation even as premium products across categories see strong sales, retailers including V-Mart, Aditya Birla Fashion & Retail, and Bata say.Retail sales picked up in discretionary and higher priced products but weakened at the mass end for the second consecutive quarter during October-December 2022…
Business
Main person cos to proceed capex
Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…
Business
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