coronavirus

Lenzing AG, one of the largest wood-based fibre manufacturers of the world, has been promoting sustainable fashion in India for over a decade with its products TENCEL™ and LENZING™ ECOVERO™, all sustainable and environmentally responsible fibres. India is a young...

British fashion retailer Ted Baker said on Monday its half-year losses ballooned as coronavirus-led lockdowns dented retail sales, and warned of more pain from a no-deal Brexit as the European Union divorce deadline loomed. Pippa Stephens, Retail Analyst at leading data...

Raymond is "cautiously optimistic" about recovery amid the COVID-19 pandemic, its Chairman and Managing Director Gautam Hari Singhania has said. Looking at the 2020-21 fiscal as a "total washout", the group expects this fiscal to end on a flat note in...

The health crisis and the unprecedented disruption caused by COVID-19 have had profound impacts on economies, businesses and consumers worldwide, changing the way consumers live, work and shop. Uncertainty remains high, but what is clear is that economies will...

Hair and beauty salon chain Enrich has put on hold its store expansion plan for the year due to the coronavirus pandemic, and expects to close the ongoing fiscal with around 22-25 percent fall in revenue, according to a...

The Retailers Association of India on Monday said the Centre's directive to states and union territories not to impose lockdown outside containment zones without approval, comes as a silver lining to the Indian retail industry that has been battling...

The ongoing adversity due to the coronavirus pandemic opens opportunities to enhance stakeholder value and the company is adequately prepared to capitalise on sectoral opportunities, according to homegrown FMCG major Emami Ltd founders R S Agarwal and R S...

Tata Consumer Products Ltd is redrawing its entire sales and distribution system to be more direct, active and digitised and aims to double its direct reach in the next 12 months responding to the challenges of the coronavirus pandemic,...

The COVID-19 pandemic has had a massive impact on the restaurant industry but despite the tough macroeconomic environment, the restaurants are reimagining their operations rapidly to accommodate new social engagement constructs, according to a report by food ordering platform...

As the coronavirus pandemic hits retail demand hard affecting businesses, footwear and apparels major Woodland has shelved expansion plans of opening more stores this year and will focus more on online sales, said Harkirat Singh, MD of Aero Club,...