Direct-to-consumer companies recorded substantial festive sales expansion, heavily propelled by consumer orders on quick-commerce services. Company founders highlighted that this positive momentum endured despite customers adopting a more cautious mindset toward their seasonal purchases. The uptick lifted a variety of segments, including gifting, fashion, puja essentials, beauty, and snacks. Notably, beauty brand Pilgrim and snack maker Open Secret both doubled their year-on-year sales over the festive period.
Key points
Direct-to-consumer labels secured substantial seasonal revenue through expanding quick-co…: Direct-to-consumer labels secured substantial seasonal revenue through expanding quick-commerce delivery partnerships.
Consumer spending momentum persisted across diverse product lines despite a broader trend…: Consumer spending momentum persisted across diverse product lines despite a broader trend of cautious purchasing behavior.
Rapid-delivery channels proved effective at driving exceptional annual sales growth for s…: Rapid-delivery channels proved effective at driving exceptional annual sales growth for specialized personal care and snack companies.
Sources checked by our analysis pipeline: 1
Direct-to-consumer (D2C) brands across fashion, beauty and personal care (BPC), healthy snacks, gifting and puja essentials saw strong sales growth this festive season, even as shoppers grew more cautious about what they bought, founders told ET.Beauty brand Pilgrim and healthy snacks brand Open Secret both doubled their sales year-on-year (YoY) during the festive period, driven by purchases on quick-commerce platforms.“Quick commerce has
Quick commerce delivers huge festive triumph for D2C brands
Synopsis
Beauty brand Pilgrim and healthy snacks brand Open Secret both doubled their sales year-on-year (YoY) during the festive period, driven by purchases on quick-commerce platforms.
Specialized maritime operators are broadening their operational capacities to adapt to shifting industry demands. Recent reporting captures ongoing developments across this specific vessel sector as capacity adjustments take shape. These strategic changes reflect evolving requirements within modern offshore infrastructure networks.
The prospective Hong Kong listing follows confidential filings submitted in mid-September as domestic technology firms accelerate efforts to build independent artificial intelligence hardware. Expanding American export curbs continue to pressure local manufacturers to replace foreign components with homegrown silicon solutions. However, shifting capital rules and strict regulatory oversight in China could still complicate the transaction before any public debut occurs.
During an internal all-hands meeting, company leadership defended the recruitment of colleagues' relatives by arguing that parents only recommend children who will excel. The practice draws heightened attention because the semiconductor giant currently lacks an obvious heir or a public succession roadmap. This acceptance of multi-generational hiring sets the firm apart from traditional Silicon Valley norms while it maintains dominant control over the artificial intelligence chip sector.