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McDonald’s India introduces contactless take-out service for customers

As India looks at phased recovery from the COVID-19 led lockdowns, Westlife Development, the company that owns and operates McDonald’s restaurants in West and South India has launched Contactless Take-Out service in select cities, in compliance with local Government...

Building Brands for Tomorrow: Retailers reimagine concepts, strategies

COVID-19 has impacted lives, industries and global economies in a massive way. The worst hit are retailers and brands, who have had to shut shops amid a severe lockdown imposed by the government to stop the spread of the...

CMAI requests govt for temporary levy of additional import duty on import of readymade garments

The Clothing Manufacturers Association of India (CMAI), representing the interests of close to 4,000 members and servicing over 20,000 retailers, has written to the Minister of Textiles Smriti Zubin Irani, and the Minister of Commerce and Industry Piyush Goyal,...

Organised retail loses Rs 90k cr in 2 months, SCAI seeks adequate relief

The Shopping Centres Association of India (SCAI) on Monday said the organised retail sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate...

IKEA resumes online service, provides contactless experience

IKEA India, a part of the Ingka Group, has restarted its online service with its newly introduced 'Click & Collect', a safe and contactless shopping experience, here. The contactless shopping experience has been introduced as per latest the government guidelines...

Bata India Q4 net profit down 57 pc to Rs 38 cr

Shoemaker Bata India Ltd on Monday reported a 56.68 percent decline in consolidated net profit at Rs 38.40 crore for the fourth quarter ended March 2020 due to COVID-19 induced lockdown. The company had posted a net profit of...

Forced to adapt, businesses rethink how they make money

Many business owners are changing the way they make money as they attempt to recoup revenue lost to the coronavirus outbreak. The changes can look subtle; for example, when owners of clothing stores decide to beef up their internet...

Fipola eyes Rs 55 cr revenue in FY2020-21; to focus on contactless deliveries

Fipola, an online provider of fresh chicken and mutton, would focus on tapping tech-enabled operations, contact-less deliveries besides expanding product line, according to a top official. According to a PTI report: The company also planned to enhance its presence in...

Salman Khan launches grooming and personal care brand

Superstar Salman Khan launched his own grooming and personal care brand FRSH on social media on Sunday. According to a PTI report: Considering the importance of hygiene and sanitisation during the coronavirus pandemic, Salman said he decided to launch a...

5 ways fashion brands can utilise the lockdown to ramp up business post COVID-19 pandemic

The novel coronavirus pandemic has brought the world to its knees and it is proving to be a testing time for businesses across the globe. As extended lockdowns, social distancing and working from the confines of homes have become...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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