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At Rs 2 lakh per year, Indians are among the top spenders on clothing globally: Study
Things like rapid urbanisation, westernisation, our increasing disposable incomes and a growing you…
Indians increasingly spending money on mutual fund investments, insurance, trading: Razorpay analysis
Payments towards mutual fund investments, insurance, and trading have seen a massive jump in the ju…
ANI
Gen Zers say they're hooked on fast fashion, but regret their Shein hauls when the 'high' wears off
The thrill of fast fashion on TikTok shop and budget sites like Shein wears off quickly for Gen Zer…
Lindsay Dodgson
Shopping FOMO? Indians spend ₹29K cr online ahead of festive season
It’s weeks before Dussehra and Diwali, but Indians are not holding their horses when it comes to sh…
Goodbye Shein, Hello Temu. US shoppers are reportedly spending 20% more at the Chinese dollar store than at the hot fast-fashion retailer.
American bargain shoppers are gravitating to Temu, a marketplace for super-cheap deals. The Chinese…
Jennifer Ortakales Dawkins,Lakshmi Varanasi
6 in 10 Indians slash discretionary spending as inflation bites, says PwC survey
Indian consumers are adopting cost-saving behaviors due to the financial stress caused by high infl…
Large brands continue to dominate e-commerce space but MSMEs are growing fast
The Indian e-commerce market is ruled by large-scale and mature enterprises in spite of a large num…
Diamond demand heads for a hard landing with ‘temporary disruption’ at play
Diamonds are forever, they say, but the love for bling is waning in different ways. Not only is dem…
How HENRYs are investing and spending in the face of an uncertain economy
HENRYs — high earners, not rich yet — are a wide-ranging group often making over $100,0…
Noah Sheidlower
Shein parent company wants to force Twitter to reveal who is behind fake accounts impersonating the fast fashion brand
The parent company for Shein, in its ongoing battle against rival fashion company Temu, is suing Tw…
Katherine Tangalakis-Lippert
Meet Shein's typical shopper: The fast-fashion retailer attracts older and more environmentally conscious consumers than you might think
The average Shein shopper is a nearly 35-year-old woman who spends $100 per month on clothing, 60% …
Jennifer Ortakales Dawkins
Spending $1 bn annually can help train STEM teachers in India: Narayana Murthy
Infosys founder NR Narayana Murthy on Wednesday called out the need for spending $1 billion annuall…
Reliance Retail to acquire Arvind Fashions' beauty retail business
The country's leading retailer Reliance will acquire the beauty retail business of the Lalbhai fami…
PTI
Gen Z doesn't know how to dress for work. Here are 5 fashion tips to elevate your workwear, according to stylists.
Gen Z employees are coming to work in fashion sometimes deemed unprofessional. Two corporate stylis…
Sawdah Bhaimiya
Bitten by inflation, Indians buying fewer clothes this season
Last year, the Dusshera-Diwali festive season was the first after two years of lockdown. As expecte…
Chinese e-commerce giant Shein has become a $15 billion company. Here's how it gets consumers to keep spending.
Shein sells clothes for as little as $3 and brings in $10 billion in revenue annually. Here's how t…
Irene Anna Kim,Katya Kupelian
Amazon Great Indian Festival 2023 – Best deals on laptops
Get ready for the ultimate tech shopping spree as the Amazon Great Indian Festival is now live for …
'Sustainable wardrobes' amid the farce of fast fashion; Cut back on 75% of clothing purchases & try renting outfits
Buying secondhand clothes or using rental services are ways of changing your wardrobe with lower im…
PTI
Impulse buys, fast fashion end up in landfills and stay intact for 200 years
Did you know that 99% of what we buy ends up in the trashcan within the first six months, which is …
Amazon Great Indian Festival 2023 – Best deals on gaming laptops
Indulge in the ultimate tech shopping spree as the Amazon Great Indian Festival is now live for all…