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Love is not enough

Sneha Mahale on the whole retail business around Valentine’s Day.

Updated on: Feb 14, 2009 03:34 PM IST
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Once again, the retailer’s infatuation with February 14 is on an ugly display in nearly every store window and newspaper ad. And why not.. the Retailers’ Association of India (RAI) estimates the total amount spent on Valentine’s Day gifts at Rs 1200 crore in 2007.. and is set to surpass it this year. Even in times of an economic slowdown, they expect at least a 50 per cent growth over last year. Most rate the day among the top four festivities in the country.

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HT Image

Message in a card
Despite the pressure to splurge on gifts, money is mostly spent on tokens of affection — cards, candies, flowers and dinners. Tanvi Shah, 25, MBA student, asserts, “When it comes to love, people are more alike than they are different.” India’s largest chain of card shops, Archie’s, produces more than 300 different types of Valentine cards every year. But displays are low-key. “Why invite trouble?” says a vendor. Rasika Jain, 25, interior decorator, who’s rifling through the cards, says, “Jewellery wears thin.. Flowers die.. but cards are hoarded and the expression of love remembered forever.”

Roses and orchids
For flower vendors, the day means brisk sales. It brings to a close their peak season that starts during Christmas and ends with Valentine’s Day. This year, though, there isn’t much demand for expensive blooms. Says Kamal V, a flower seller on Hill Road, “The buyers haven’t changed but this year they are going for conventional red rose or orchids.” Valentine’s Day usually means dining out. A restaurant owner in Bandra, on condition of anonymity, admits that had it not been for the moral police, he would have gone all out in attracting the young crowd. He has designed a special menu but decorations are down to bare minimum. But he’s still upbeat: “We are expecting a full house. Apart from couples, families too celebrate the day with gusto.”

 
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