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Amul eyes 15 percent growth in turnover this fiscal despite COVID-19 from over Rs 38,000 crore in FY'20

GCMMF, which markets dairy products under Amul brand, expects its turnover to grow 15 percent this fiscal year from Rs 38,550 crore in 2019-20 despite economic slowdown caused by the nationwide lockdown to control coronavirus outbreak. According to a PTI...

Apparel industry the most adversely impacted sector: Sanjay Bahl, Group CFO, Raymond

The ongoing lockdown to curb the spread of Coronavirus has impacted the Indian retail industry in a big way. Brands like Raymond are taking steps for effective cost rationalization by cutting down all non-critical expenses and marketing spends, managing...

Organic and health foods are the spear tips of stepped-up food demand and sales during the lockdown

They say that gold is the only commodity whose value is burnished by grim news. That's because in response to any generalised fears of socio-economic turmoil, people always prefer to have a claim on gold in a vault to...

COVID-19 may kick-start demand for multi-storey warehousing

Multi-level warehouses within city limits may well be Indian real estate's next big thing in a market completely transformed by the coronavirus pandemic. The compulsions of faster e-commerce growth in a post-pandemic world can kick-start demand for tech-enabled multi-storey...

COVID-19 Crisis: 20-25 pc retailers won’t be able to survive 3 months of closures & lockdown

Retailers Association of India (RAI) along with Trust for Retailers and Retail Associates of India (TRRAIN) organized a Webinar on ‘Retail 2020: Reset. Recover. Revive’, the third in the series of webinars focused on the impact of Covid-19. The...

Govt should allow e-commerce players to deliver non-essential goods: CUTS

The government should consider allowing e-commerce players to deliver non-essentials goods amid lockdown due to Covid-19 pandemic, research firm CUTS International said on Monday. It said that the government's decision to permit e-commerce firms to deliver only essential goods will...

Hyperlocal & Social Commerce: New buzzwords in apparel sector post COVID-19

Vineet Gautam, CEO, Bestseller, India, talked about the response of his brand to COVID-19, said, “COVID-19 has put to challenging times and all retailers are reacting differently. At present, Bestseller is concentrating on making new business plans – how...

Impact of COVID-19 on the foodservice industry

In the post Covid-19 world, business as usual would be anything but usual. The consumer focus has shifted from flavor, variety, selection, etc., to safety and hygiene above all else. Restauranteurs today increasingly self-regulate as the situation is very fluid...

Practising What You Preach: Speciality Restaurants shows the way to keep the virus away

The Speciality Group of Restaurants, which operates over 100 restaurants and confectioneries (currently 129) in over 25 cities in India as well as overseas, including such marquee F&B brands like Mainland China, Oh! Calcuttta, Cafe Mezzuna, sigree Haka and...

FMCG companies stepping up production under eased norms but labour, supply chain issues impede

Major FMCG players are trying to maximise production with the easing of regulations on opening of factories outside municipal limits by the government from Monday in the extended phase of lockdown despite continued constraints of manpower availability and supply...
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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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