MOSL: CONSUMER (GROUND REALITY): Mixed demand trend in festive season
CONSUMER (GROUND REALITY): Mixed demand trend in festive season
We conducted post-festive season channel checks to understand the demand environment in Mumbai and Delhi. Although the sample size is too small to make generalizations, the broad inference is that festive demand has been tepid-to-poor with a few saving graces. Key takeaways:
- Like earlier years (refer our and festive season reports), value retailing and private-label brands like ‘Max’ and ‘Westside’ have largely performed well in the festive season.
- Jockey’s exclusive brand outlets (EBOs) have not done as well as the preceding years.
- Jewelry demand has been healthy for Tanishq.
- QSR sales have been largely in line or below expectations.
- Electronic products retailing has impressed again, despite continued competition from online players.
- Infrastructure construction work continues plaguing mall access at various places, thereby affecting footfalls. Online trend (including online ventures of retailers) continues to be strong, also affecting footfalls in malls.
Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.
Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.
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