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Deloitte predicts that Christmas season sales are expected to increase in 2021

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Deloitte, a famous Financial Consultancy, anticipates that the Christmas season sales for 2021 would increase between 7% to 9%, as consumers are more comfortable to step out and shop due to vaccination. As compared to 2020, Christmas sales would increase 11% to 15% this year, reaching $210 billion to $218 billion. Retailers and brands, therefore, should prepare to fulfil the expected demand of consumers.

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ConsumerGeniuses

Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

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