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2,240 results 06/05/2020 00:34
The COVID-19 pandemic has dramatically changed the retail industry almost overnight. As per recent reports by Bain & Co., and McKinsey, major luxury companies have swivelled focus to address urgent public health needs. Factories that were producing scarfs and perfumes are now manufacturing face masks and hand sanitizers. Mega fashion houses are producing garments for […] 06/05/2020 00:16
Tupperware has reopened close to 40 percent of retail outlets across 17 cities including launch of its first exclusive brand store in Varanasi recently. These outlets are being opened in accordance with Govt. guidelines and all necessary safety measures like hygiene maintenance, social distancing, deep sanitisation etc. are being taken care of. While COVID-19 posed […] 06/04/2020 23:59
Tata Consumer Products expects its profitability to be impacted in the short term due to the coronavirus outbreak as input costs have risen on account of commodity price volatility and supply constraints during the pandemic and subsequent lockdown. However, the company said it was difficult to access the quantum at this stage. According to a […] 06/04/2020 00:29
It’s been three months since the World Health Organisation declared the COVID-19 outbreak to be a ‘Public Health Emergency of International Concern’. Despite continued efforts by governments and organisations across the world, the virus continues to spread unabated. With as many as 2.4 million cases across 185 countries and territories, it is a catastrophe unlike […] 06/04/2020 00:28
The COVID-19 pandemic has propelled e-commerce into the spotlight. Even post the crisis, online shopping is likely to take precedence over offline shopping, making decentralisation imperative for the sector. While this represents a real and immediate opportunity to drive efficiencies digitally, it is also a clear indication of the importance of investment in enabling technologies […] 06/03/2020 23:54
A cautious approach to easing lockdown restrictions that reduces the risk of later lockdowns may be better for the global supply chain in the long run, say researchers. The study, published in the journal Nature Human Behaviour, comprehensively assessed potential global supply chain effects of COVID-19 lockdowns, modelling the impact of lockdowns on 140 countries, […] 06/03/2020 23:49
Amazon India on Wednesday announced that it has expanded its Packaging-Free Shipping (PFS) initiative to more than 100 cities in the country. PFS is a sustainable packaging solution in which customer orders are shipped in their original packaging without any additional packaging, or significantly reduced packaging, it said in a statement. Amazon first launched PFS […] 06/02/2020 23:32
Jaipur-based online custom furniture platform WoodenStreet has raised US$ 3 Million in Series-A funding lead by IAN Fund and Rajasthan Venture Capital Funds (RVCF) also the part. The company plans to utilize this investment in increasing its footprint, both domestically and globally. WoodenStreet operates 25 experience stores in India and is a leading player in […] 06/02/2020 22:37
Domestic ratings agency Crisil on Tuesday said it expects revenue of fast moving consumer goods sector (FMCG) companies to contract by 3 percent in 2020-21 as against its earlier expectation of a 10 percent growth. However, companies will adopt lower advertising spends and benefit from lower input prices, which will ensure that operating profit levels […]

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