This article is part of a Spotlight series on India's festive marketing. Read more
The West led the genesis of big sale events around festive periods that became festivals of their own standing, with the largest and most popular being Black Friday. In fact, Black Friday did not confine itself to the US but extended across the world. It is now “observed” in 20 countries, including Canada, the UK, Mexico, Australia and New Zealand.
Many other shopping holidays, such as Boxing Day, Cyber Monday, Small Business Saturday, El Buen Fin (in Mexico) and Single’s Day (in China), followed as...