Economic headwinds, including rupee depreciation and raw material inflation, are impacting retailers like Shoppers Stop and LG Electronics in the Indian market.
1 report, 1 independent
Updated May 28
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What happened
Economic headwinds, including rupee depreciation and raw material inflation, are impacting retailers like Shoppers Stop and LG Electronics in the Indian market.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Kenneth Andrade remains constructive on Indian equities, noting that rupee depreciation provides a tailwind for exporters.Sub-event
- Rising raw material costs are forcing Indian companies like Britannia and Parle to reduce product grammage.Sub-event
Rupee depreciation and inflation are creating economic headwinds for Indian retailers and exporters.1 source
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The entities involved
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Shoppers Stop
Indian department store chain
Nothing else this week.
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LG Electronics
South Korean multinational electronics company