This year, several big playing card suppliers and manufacturers from different cities said sales are down up to 40% compared to last year.
Amazon has tied up with ShopX to digitally connect kiranas with large retailers and FMCG companies.
Online retailers offer 50% average discounts on fashion and lifestyle products even in non-sale events.
Janne Einola, country manager at H&M India, said retailers require on an average 17 licences — and that could go up in many states — to open a store.
The marketplaces could see a surge of over 40% in consumer traffic during the festive season.
RIL announced at its 42nd annual general meeting on Monday that its first-day first-show movies service will be launched mid-2020 for its premium Jio Gigafiber customers.
Jamyang Tsering Namgyal became a social media star with and has more Twitter followers than the number who voted in the general elections in his constituency.
With consumer sentiment at a low and sales sluggish, retailers are looking at renegotiating rentals as part of their cost-cutting measures.
Big lifestyle, garment brands hit by slump are bringing down festive production.
Hamleys entered Indian in 2010 with its first store at High Street Phoenix Mumbai and is currently the largest toy retailer in India with 100 stores in 36 cities.
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