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Daily Morning News

How Shein, Zudio can ride $50 billion opportunity in India

Aug 27,2024

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The Fast Fashion sector in India saw a 30-40 per cent growth in FY24, significantly outpacing the overall fashion industry's 6 per cent growth. Shein's return with Reliance Retail aims to enhance the competitive landscape. Essential factors like trend identification, rapid production, efficient supply chains, and competitive pricing contribute to brands' success in this booming market.

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Daily Morning News

How Shein, Zudio can ride $50 billion opportunity in India

Aug 27,2024

Share

Descriptive Main Poster Image

The Fast Fashion sector in India saw a 30-40 per cent growth in FY24, significantly outpacing the overall fashion industry's 6 per cent growth. Shein's return with Reliance Retail aims to enhance the competitive landscape. Essential factors like trend identification, rapid production, efficient supply chains, and competitive pricing contribute to brands' success in this booming market.

Quess Corp is undergoing a demerger and is currently trading at 298.20, having hit the upper circuit limit.

Indian stock market closed for Mahavir Jayanti holiday, and experts predict a possible gain for Nifty to 23,500 tomorrow.

Government May Privatize 11 Airports by 2025-26: Report

Nuvama sees a 96% upside potential in PVR INOX and recommends buying the stock with a target price of Rs 1,610, according to JM Financial.

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