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KPMG: India's Festive Retail Season Is Stretching Beyond a Single Sales Peak in 2026

|Couturier Design Editorial Team
Indian fashion retail store with festive collections and shoppers

New Delhi, 10 November 2026: India's festive retail opportunity is extending beyond a single festival-led sales peak, according to KPMG in India's The Festive Retail Pulse 2026, published on 6 November. The outlook describes a longer consumption cycle shaped by regional celebrations, Diwali, travel, weddings and year-end occasions.

Demand is spread across more occasions

KPMG's analysis says consumers may approach different occasions with different shopping needs. A wedding purchase, a regional festival outfit and a year-end gift are not necessarily the same shopping mission. For retailers, this means planning for several demand moments rather than relying on one short promotional window.

Value, quality and delivery confidence matter

The report highlights the role of quality, perceived value, product availability, payment convenience, delivery confidence and service in purchase decisions. It also notes that regional differences can influence assortment, price points and fulfilment expectations. These factors are important for both national retailers and smaller online businesses.

Technology and localised planning

KPMG points to consumer intelligence, inventory positioning, localised assortment and technology-enabled execution as considerations for retailers. The report notes that participating retailers recorded sales 8% higher in September 2026 than in September 2025, indicating positive pre-festive momentum in the sample it discusses. This figure should be read in the context of the report rather than treated as a universal growth rate for every retailer.

What it may mean for fashion and jewellery shoppers

For shoppers, a longer season can mean more opportunities to plan purchases around actual events, compare products and consider how often an outfit or accessory will be worn. For retailers, the challenge is to maintain accurate product information, communicate delivery terms clearly and keep relevant collections discoverable across the season.

Source and context

This article summarises KPMG India's perspective and does not imply that every retailer or category will experience the same pattern. Read the KPMG India report for the full methodology and context. Explore Couturier Design's Wedding Season Edit and Festive Jewellery collections for seasonal style inspiration.