Fashion

Victoria’s Secret onboards Amazon

Fashion Retail sizzles amidst looming 4th wave of Covid

Ethnic wear brand Shree launches flagship store at New Delhi

Vegan cosmetic brand Brillare charts massive expansion plans

Kamal Haasan to launch D2C brand KHHK

Aditya Birla Fashion adds Masaba to it’s fashion retail cart

E-Commerce

Vinod launches 100% Virgin Aluminium Cookware
Indian Ecomm

Vinod launches 100% Virgin Aluminium Cookware

January 21, 2022
Ola! Now get Groceries in 10 mins
E-Commerce

Ola! Now get Groceries in 10 mins

March 13, 2022
Shadowfax goes the extra mile to vaccinate its fleet
E-Commerce

Shadowfax goes the extra mile to vaccinate its fleet

January 21, 2022
Kamal Haasan to launch D2C brand KHHK
E-Commerce

Kamal Haasan to launch D2C brand KHHK

January 25, 2022
Sunday, May 22, 2022
  • Login
Retail Updates
No Result
View All Result
  • FMCG
    • FMCG Food
      • Indian FMCG – Food
      • Regional FMCG – Food
      • StartUps FMCG – Food
      • International FMCG – Food
    • FMCG Non-Food
      • Indian FMCG Non-Food
      • Regional FMCG Non-Food
      • Startups FMCG Non-Food
      • International FMCG Non-Food
  • Fashion
    • Luxury
    • Womens’
    • Menswear
    • Kidswear
    • Innerwear
    • Accessories
      • Cosmetics
      • Eyewear
      • Footwear
      • Leather
      • Personal Care
      • Watches
      • Wearables
  • F&B
    • QSR
    • Traditional
    • Cloud Kitchens
  • E-Commerce
    • Amazon
    • Indian Ecomm
    • Services
  • Malls
    • Mall Chains
    • Standalone Malls
  • International
    • USA
    • Singapore
    • China
    • Middle East
    • SE Asia
    • Europe
    • Oz & Nz
    • SouthAm
  • Specialty Retail
    • Travel Retail
      • Airports
      • Metro Rail
      • Railways
      • Highways
    • Auto Retail
      • 2W
      • 4W
      • EVs
      • Fuel Retail
    • Liquor
    • Salons
    • CDIT
    • Grocery Retail
    • Home Improvement
  • Entertainment
    • Cinemas
    • Multiplex
    • OTT Platforms
    • Theme Parks
    • Others
  • Retail Tech
    • Digital
    • Retail AI
    • PoS S/w
    • Payments
    • Credit Cards
    • Crypto
    • Tech Delivery
  • Cities
  • Corporates
    • Industry Info
    • Global
      • Apple
      • Nestle
      • Walmart
      • Starbucks
      • Shell
    • Indian
      • Aditya Birla
      • Arvind Fashions
      • Future Group
      • Reliance
      • Tata Group
      • Shoppers Stop
      • ITC
      • HUL
      • Marico
      • Britannia
      • Dabur
      • Patanjali
      • Reckitt
      • Colgate
    • Listed Cos.
  • Opinions
    • Blogs
    • Videos
    • Interviews
    • Lockdown Impact
    • Editor’s Note
Retail Updates
Indian Retail rebound is for real; brace for the summer heat now

Indian Retail rebound is for real; brace for the summer heat now

by Editor
March 23, 2022
in Opinions
Reading Time: 5 mins read
0

If the trend of some of the publicly traded stocks in the consumer & travel businesses is any indication, then the retail revival is for real.

About 24 months ago around the same time, there was much uncertainty on how things would span out. In India and world over. The world had witnessed an unforeseen level of a viral infection, what started off as a flu somewhere in deep interior China. By end Mar. ‘20, most parts of the world was shut down – local offices, road and rail travel, air travel – pretty much everything. Only Trump and a few others kept naysaying the C-virus and went on with their daily lives, only to repent much later.

Back in India, the Retail business was the most impacted, alongside Manufacturing and Services. Over 1 million people are directly employed in the organised retail trade while there are an estimated 14 million small and marginalised shopkeepers – Kirana or Mom & Pop shops as they are known as. Everyone had to shut down their doors without any exception. Only the medical shops were allowed to be open while hospitals overflowed with patients.

YOU MAY ALSO LIKE

Retail Horoscope for May 2022

Building a Brand Vs. Buying it out – which one makes sense?

Several top retail companies in the country were on the verge of closure permanently. While the fate of the Future group still hangs in the balance in a 3-party spar alongside Amazon & Reliance group, many others have waded through the mess over the past 24 months. If their current stock market prices are any indication, then clearly things have bounced back and how. Here are some key examples;

Jockey – the inner wear brand from America licensed in India by Page Industries has seen its stock prices almost treble to Rs. 45,150 per share. India’s homegrown fashion giant Raymond has bounced almost 3 times to Rs. 801 in Mar. ‘22. Trent has exploded 4x to Rs. 1,318 a share. India’s largest and oldest Departmnt store chain Shoppers Stop – which many said would shut down completely alike its global peers Debenhams and Neiman Marcus has in fact tabled its stock prices to Rs. 453 this month since the same time in 2020. Arvind Fashions, the maker of iconic fashion brands like Arrow (shirts) and Lee (bran ded denims) among others had grown 3x around the festival period in 2021 and has settled around Rs. 300 right now.

On the other hand, Dominos Pizza, run by Jubilant Foods has seen a steady decline in its share price from a peak of Rs. 4,500 during the festival period of 2021 to a low of Rs. 2,907 right now. However, the current price is still 50% more than what it was in Mar. 2020. On the contrary, travel company Mahindra Holidays, which runs a chain of resorts across India as well as shared resorts across the world has benefitted with an upswing in travel business over the past six months. During Sep. 21 ahead of the crucial travel season, the company witnessed an all time high of Rs. 267, a growth of 2.2x, after settling to Rs. 250 currently. This would obviously swell in the coming months, with revenge shopping & travel at its best. Indian Hotels, which runs the country’s pride – The Taj Hotels, has now come back to Sep. ‘21 levels and is hovering around Rs. 234, almost double than its price 24 months back. East India Hotels, run by ITC and has a number of sub-brands including the ITC Grand is trading at Rs. 154, more than twice of what it was in Mar. 20.

The anomaly of share prices of Dominos and hospitality companies is a clear indication that consumers are now stepping out of home for work and leisure and actively, at that. During the past 2 years, discerning diners were comfortable ordering and eating at home all through the day and deep into the night, However, with most cities opening up actively, the delivery portion of their businesses has come down while the dine-in opportunity has grown significantly. The same applies for apparel and accessories brands too, who have seen a huge uptick in their footfalls in high streets and malls. The parking lots are running full at Malls and Multiplexes and with back to back movies across all major languages on the big screen, it is no surprise that the likes of Amazon Prime & Netflix would survive alongside, somehow.

The Indian Retail revival is for real. If the retailers do not brace up to the opportunity and welcome the new Financial Year 2022-23 with full vigour, the fault lies within and not outside, simply put.

The country has seen minor disturbances since Sep. ‘21 – the supposedly 3rd wave which waned off before a huge spread, the Omicron threat in Jan. ‘22 which again was a damp squib and finally the Russia-Ukraine unrest. With almost 95% of adults having taken atleast 1 dose of the vaccine, the spread has been contained like in no other country. The recent international trouble will certainly have an impact on fuel prices – which would spiral across logistics and transportation of essential and non-essential goods, due to which inflation would increase. However, this would probably be met with a decent hike in salaries this year, after 2 years, for many working Indians. Agricultural output has been much better in the past 2 years, gaining further confidence to farmers and the larger ecosystem.

So, bright days are ahead. Now, it is up to each person in the Retail ecosystem – Business owners, Corporates, employees, wanna-be Entrepreneurs, Lenders, Bankers and ecosystem partners, to take advantage of the same. Do not blame the Government or International issues – Geo-political or bilateral. That’s going to help very little.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Pocket (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Skype (Opens in new window)
  • Click to email this to a friend (Opens in new window)

Like this:

Like Loading...

Related

Tags: consumersdiningeconomyfeaturedretailrevivalshopping
ShareTweetShare

Related Posts

Retail Horoscope for May 2022
Industry Info

Retail Horoscope for May 2022

May 1, 2022
Building a Brand Vs. Buying it out – which one makes sense?
Opinions

Building a Brand Vs. Buying it out – which one makes sense?

March 22, 2022
Bars, Cinemas and Schools to reopen in Tamil Nadu, good news for Retailers
Industry Info

Tamil Nadu Retail Staff cheer, Retail Business Owners frown

September 19, 2021
Enforcing Uniform Price Mechanism by Franchisees – Governance or Anti-Competitive?
Industry Info

Enforcing Uniform Price Mechanism by Franchisees – Governance or Anti-Competitive?

August 23, 2021
No tears buying Onions anymore!
Amazon

The Future of Amazon in India

August 16, 2021

Listed Companies

Titan Industries grows 36% yoy | Tanishq Jewelry by 37% over FY 20-21
Latest News

Titan Industries grows 36% yoy | Tanishq Jewelry by 37% over FY 20-21

by Editor
March 6, 2022
0

Bouyed by an overwhelming growth in footfalls across key formats by over 30%, Titan Industries posted a whopping 36% yoy...

Read more
Dominos India now at 1,500 locations – Revenues up 13%

Dominos India now at 1,500 locations – Revenues up 13%

March 6, 2022
Reliance Retail revenue grows 52% YoY – Q3 FY 21-22

Reliance Retail revenue grows 52% YoY – Q3 FY 21-22

March 6, 2022
D’Mart Earnings surge 106% for Q3, 105% for H1

D’Mart Q3 shows rural economy is bouncing back

January 12, 2022
Titan adds 95 stores in Q3, grows 36% yoy Sales

Titan adds 95 stores in Q3, grows 36% yoy Sales

January 12, 2022

FMCG

Metro Cash & Carry expands frontiers in home turf Karnataka

Ola! Now get Groceries in 10 mins

From FabMall to Fresho – it’s a full circle!

Reliance Retail’s wrench is to tighten FMCG supply chain, not to break’em

TASMAC wine shop sales decline marginally

D’Mart Earnings surge 106% for Q3, 105% for H1

Cities

LuLu Group to play LaLaLa in Tamil Nadu
Cities

LuLu Group to play LaLaLa in Tamil Nadu

by Editor
May 1, 2022
0

UAE based LuluGroup to set up a #hypermarket in #Coimbatore and a #ShoppingCentre in #Chennai plus a food processing centre...

Read more
Sunday Lockdown in TN may go – if cases reduce: Minister

Sunday Lockdown in TN may go – if cases reduce: Minister

March 6, 2022
KA State relaxes Weekend Lockdown; Shops, Restaurants to remain open

KA State relaxes Weekend Lockdown; Shops, Restaurants to remain open

January 21, 2022
D’Mart Earnings surge 106% for Q3, 105% for H1

D’Mart Q3 shows rural economy is bouncing back

January 12, 2022
Starbucks opens 250th cafe in India, surprises market with locations

Starbucks opens 250th cafe in India, surprises market with locations

January 12, 2022

Who We are…

Retail Updates strives it’s best to curate the latest in the world of Retailing from across the world and offers insights and analyses.

In case you missed…

  • Will Metro AG carry no cash & move on?
  • Akshaya Thrithiya Sales rebound to 2019 levels
  • Retail Horoscope for May 2022

Search by Tags

E-Commerce Fashion FMCG Indian Ecomm Industry Info Latest News Listed Cos. Lockdown Impact USA
  • FMCG
    • FMCG Food
      • Indian FMCG – Food
      • Regional FMCG – Food
      • StartUps FMCG – Food
      • International FMCG – Food
    • FMCG Non-Food
      • Indian FMCG Non-Food
      • Regional FMCG Non-Food
      • Startups FMCG Non-Food
      • International FMCG Non-Food
  • Fashion
    • Luxury
    • Womens’
    • Menswear
    • Kidswear
    • Innerwear
    • Accessories
      • Cosmetics
      • Eyewear
      • Footwear
      • Leather
      • Personal Care
      • Watches
      • Wearables
  • F&B
    • QSR
    • Traditional
    • Cloud Kitchens
  • E-Commerce
    • Amazon
    • Indian Ecomm
    • Services
  • Malls
    • Mall Chains
    • Standalone Malls
  • International
    • USA
    • Singapore
    • China
    • Middle East
    • SE Asia
    • Europe
    • Oz & Nz
    • SouthAm
  • Specialty Retail
    • Travel Retail
      • Airports
      • Metro Rail
      • Railways
      • Highways
    • Auto Retail
      • 2W
      • 4W
      • EVs
      • Fuel Retail
    • Liquor
    • Salons
    • CDIT
    • Grocery Retail
    • Home Improvement
  • Entertainment
    • Cinemas
    • Multiplex
    • OTT Platforms
    • Theme Parks
    • Others
  • Retail Tech
    • Digital
    • Retail AI
    • PoS S/w
    • Payments
    • Credit Cards
    • Crypto
    • Tech Delivery
  • Cities
  • Corporates
    • Industry Info
    • Global
      • Apple
      • Nestle
      • Walmart
      • Starbucks
      • Shell
    • Indian
      • Aditya Birla
      • Arvind Fashions
      • Future Group
      • Reliance
      • Tata Group
      • Shoppers Stop
      • ITC
      • HUL
      • Marico
      • Britannia
      • Dabur
      • Patanjali
      • Reckitt
      • Colgate
    • Listed Cos.
  • Opinions
    • Blogs
    • Videos
    • Interviews
    • Lockdown Impact
    • Editor’s Note

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
 

Loading Comments...
 

    loading Cancel
    Post was not sent - check your email addresses!
    Email check failed, please try again
    Sorry, your blog cannot share posts by email.
    %d bloggers like this: