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Allowing e-commerce cos to sell non-essentials to provide relief, help millions of SMBs: Industry

The government''s decision to allow e-commerce companies to sell all items, including non-essential items like laptops and refrigerators, in orange and green zones will provide relief to people, while helping millions of small and medium businesses and traders to...

COVID-19: Lockdown extended for two more weeks but with relaxations with areas with zero or less infections

India will now be under lockdown till May 17 with a complete ban on theatres, malls, hotels and bars the government announced on Friday but gave some relaxations for various business activities and people's movement within areas with limited...

The online channel is failing to offset revenue lost from retail store closures following Adidas’ Q1 results, says GlobalData

Following the news that Adidas reported a 19 percent decline in net sales in the first quarter of 2020; Luke Gowland, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view on the company’s current challenges: “Adidas has...

CAIT to soon launch 'bharatemarket.in' for online retail trade

The Confederation of All India Traders (CAIT) on Friday announced that it will soon launch an e-commerce platform -- bharatemarket.in -- for retail traders across the country. "The e-commerce portal will include a nationwide participation by real-world retailers, who have...

May brings reopenings around the globe as virus toll climbs

May is bringing cautious reopenings from coronavirus lockdowns, from Beijing's Forbidden city to shopping malls in Texas, as the grim economic toll from the pandemic ticks higher. Many communities around the world are inching toward normalcy without certainty over...

Amazon says India lockdown has hit it the hardest internationally

Amazon has said that complete COVID-19 lockdown in India since March 24 due to which the e-commerce giant was allowed to sell only groceries and other essential items has resulted in the biggest revenue impact in any country in...

Amazon logs 26 pc revenue growth, to spend US$ 4 billion on COVID-19 expenses

Buoyed by the surge in demand as people stayed home owing to the pandemic globally, net sales increased 26 percent to US$ 75.5 billion for the e-commerce giant in the first quarter of 2020, compared with US$ 59.7 billion...

A New Roadmap: How retailers are planning to revive their businesses

Lockdown 2.0 is almost about to get over. There are clear indications that some pockets will soon open whereas some pockets will continue to remain shut. The retailers in green zone are gearing up to open their stores after...

How to keep your food business ticking out of the shadow of the virus and charting the way ahead

What are leading players in Indian food retail industry doing to pull together their operations out of the dark penumbra cast by the raging coronavirus pandemic? What are their plans and strategies to navigate the complexities arising out of...

How the luxury sector will shape up post COVID -19

India is home quarantined for more than 30 days and it still continues to fight and prevent the pandemic. Indeed COVID-19 cases are rising with days, but we as a widely populated nation have not even touched an average...
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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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