Thursday, December 26, 2019

Indians consumed less groceries but shelled out more

India's economy expanded 4.5% in the September quarter, the slowest in more than six years, pulled down by manufacturing, which contracted 1% in gross value added against a 6.9% increase a year earlier. https://ift.tt/2Ql2HMR https://ift.tt/eA8V8J

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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...