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Consumers who used to frequent the gym migrated in droves to solutions like Peloton and MIRROR, and lululemon was wise to make a quick entry into this new world. And $1,500 is a steep hurdle, especially when the market is saturated with “certified trainers,” especially on YouTube. Following are excerpts from the discussion.
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India’s beauty and personal care market is projected to reach US$21 billion in 2025, and the rising adoption of online shopping and greater product penetration in secondary cities are also contributing to the market’s enlargement. Consumers are at the heart of all we do. Celebrating uniqueness.
Retailers can instantly connect with a highly engaged, diverse audience that often extends far beyond their traditional targetmarket. Recently we’ve seen a significant uptake from older generations, with gamers aged 55 to 64 rising by 95% from 2018 to 2022, peaking at 47% in 2021.
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Interestingly, he acknowledged that Gen Z and millennials are the dominant consumer groups of the moment, and the brand’s targetmarket. billion) in 2018 and is estimated to reach a whopping 1.7 According to Statista, the ethnic wear segment across India was worth approximately 925 billion rupees (US$11.3
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However, such customs are still followed but to a very small extent, because technical advancements and online fashion retail has given consumers 24/7 access to the digital marketing in fashion industry , and as a consequence, the way to predict fashion and forecasting trends have also changed. What is Fashion Forecasting.
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