Indian Lingerie Market Predicted to Double in Value by 2030, Says Latest Industry Report [Yahoo! Finance]
Victorias Secret & Co. (VSCO)
Company Research
Source: Yahoo! Finance
The Indian Lingerie Market is experiencing profound growth, driven by urbanization, changing demographics, and increasing fashion consciousness. As the nation's middle class expands along with personal disposable incomes, a clear trend toward quality and branded lingerie products has emerged. The market's compounding annual growth rate (CAGR) stands at 11.20%, promising a rise from USD 5.06 billion in 2024 to an expected USD 9.57 billion by 2030. E-commerce Catalyzing Expansion A key factor in this remarkable market growth is the surge in e-commerce, which has made lingerie more accessible across India, even in remote locations. The pandemic-induced surge in digitalization has brought forward the e-commerce timeline by 12 to 24 months, opening new windows of opportunity for both existing players and new entrants in the market. This digital transformation has created an environment where lingerie brands strive to forge strong customer relations, leverage personalized experiences,
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News
- Rugs USA Announces Designer Collaboration with Kevin Love and Kate Love [Yahoo! Finance]Yahoo! Finance
- Victoria’s Secret & Co. Invites You to Listen to the Third Quarter 2024 Earnings Call WebcastGlobeNewswire
- The best sales to shop: The Inkey List, Monos, Hill House Home and more [CNN]CNN
- The best sales to shop: The Inkey List, Monos, Hill House Home and more [CNN]CNN
- Victoria's Secret & Co. (NYSE: VSCO) had its price target raised by analysts at Jefferies Financial Group Inc. from $30.00 to $40.00. They now have a "buy" rating on the stock.MarketBeat
VSCO
Earnings
- 8/28/24 - Beat
VSCO
Sec Filings
- 11/8/24 - Form SC
- 11/4/24 - Form 4
- 10/18/24 - Form SC
- VSCO's page on the SEC website