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The New Mantra: Future of SMEs post-COVID-19

While the novel Coronavirus has wreaked havoc upon the organised world, it has also ushered an opportunity for the new tides of transformation to emerge. This evidently bleak situation where businesses and institutions have suffered substantial losses on account...

Hit by COVID, Bata says no layoffs so far but surging cases in some states cause for concern

Bata India Chairman Ashwani Windlass on Thursday said it has not laid off any employee so far, but admitted that there is not much clarity on “where the footwear major is heading” amid the raging COVID-19 pandemic. According to a...

RBI move to allow loan restructuring to support retail industry: RAI

The Retailers Association of India (RAI) on Thursday said the Reserve Bank of India's (RBI) move to permit a one-time restructuring of loans amid the ongoing COVID-19 crisis will support the retail industry that has witnessed significant disruption over...

Is coronavirus pandemic, a wake-up call for the apparel industry to undergo changes?

Even as the larger economy has taken a hit due to the ongoing pandemic and the resultant social containment measures, the apparel industry has been particularly scrambling to stay afloat. With overflowing inventories, canceled orders and sales hitting a...

How malls are redefining shopping experiences in the next normal

The Shopping Centre industry all over the world is a catalyst of organised retail and a major contributor to the success of major drivers of the economy including Entertainment, Fashion, Cinema, F&B, Electronics, FMCG, and many more. The onset of...

Disastrous first quarter for the domestic garment industry: CMAI

The 3rd survey conducted by CMAI amongst its members reflects the crisis the domestic garment is going through, with 74 percent of its respondents seeing a 90 percent drop in sales for the quarter ending June 2020. An additional...

Pandemic sales help Amazon post biggest profit in history

Riding on surging online sales during the pandemic as people stayed home, Amazon reported solid second quarter results, registering a 40 percent increase in net sales to US$ 88.9 billion, compared with US$ 63.4 billion in the same period...

Apple beats COVID blues, revenue up 11 pc in June quarter

Beating the pandemic blues, Apple has posted US$ 59.7 billion in revenue for its fiscal 2020 third quarter ended June 27, an increase of 11 percent from the year-ago quarter, as iPhone sales beat the Wall Street estimates. Apple's board...

Dragged by extended lockdowns, FMCG sector to register flat growth in 2020: Nielsen

India's fast moving consumer goods (FMCG) sector is expected to witness flat growth in 2020 following severe and extended lockdowns, restrictions on manufacturing units, social distancing norms and store closures, according to data analytics firm Nielsen. Earlier, on April 30,...

Worldmark Aerocity re-opens its doors to renewed contactless dining experience driven by innovation

As Delhi-NCR slowly unlocks itself in phases, Bharti Realty’s Worldmark Aerocity is leading the commercial sector in innovative dinning-in experience by setting forth examples through its avant-garde solutions to COVID-19 challenges. They are leading the way in hygienic practices...
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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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