India Retail News

In Q1 2011, luxury retail spending was mixed across the furniture and home furnishings, apparel and accessories, jewelry and department stores categories. While jewelry and department stores thrived following the holiday season, apparel and accessories spending posted only a modest increase, while furniture and home furnishings spending decreased dramatically. This Spend Sights Report focuses on US spending for the furniture and home furnishings, apparel and accessories, jewelry and department stores categories during the first quarter of 2011, and draws a comparison against the same period in 2010.