COVID-19
Food
Zomato expects July net loss under $1mn as COVID-19 hits business
IANS -
Foodtech unicorn Zomato expects its net loss in July to be under US$ 1 million even as COVID-19 has set it back by about a year in terms of the size of the business, the company said in its...
Retail
Corona Effect: Cinema exhibition industry losses at Rs 5,000 cr
IANS -
The COVID-19 triggered restrictions on cinema exhibition industry has not only disheartened movie goers, but axed several thousand jobs and costed the industry an estimated Rs 5,000 crore in revenue.
The sector has been one of the hardest hit due...
Food
Stores recover 80 pc of pre-COVID sales: D-Mart
Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday said it has recovered 80 per cent of its business in the stores, wherever it has been allowed to operate unhindered. However, discretionary consumption continues to be...
Fashion
COVID-19: Liberty Shoes expects 45 pc fall in revenues this fiscal
Footwear firm Liberty Shoes is expecting up to 45 percent decline in its revenues in the current fiscal due to COVID-19. Amid coronavirus pandemic, footfall at stores has dropped significantly as customers are avoiding public places and encouraging social...
Food
Future Consumer Q4 net loss at Rs 175.46 cr
Future Consumer Ltd on Friday reported a consolidated net loss of Rs 175.46 crore for the quarter ended March 2020. The company had reported a net profit of Rs 7.53 crore in the January-March period of the preceding fiscal,...
Food
Restaurants open but grapple with decreased sales, few dine-in customers
Restaurants across Delhi may have reopened their doors a month ago after being allowed to resume their business post the COVID-19 lockdown, but are still grappling with decreased sales, staff shortages and few dine-in customers. Due to the COVID-19...
Food
Cloud Kitchens: The new normal
IANS -
The coronavirus pandemic has transformed consumer behaviour in the F&B sector.
It's no news that India's restaurant industry is facing the hardest hit in the crisis and even though the lockdown helped reduce the spread of the virus, it has...
Fashion
Tata group retail arm Trent looking to pursue 'accelerated expansion'
Tata group retail firm Trent Ltd is looking to pursue "accelerated expansion" in the future once its existing stores are back in business after being impacted by the coronavirus pandemic, according to the company's annual report.
According to a PTI...
Fashion
Arvind Fashions says 75 pc of its stores operational, revenue below pre-COVID levels
Arvind Fashions Ltd (AFL) on Thursday said 75 percent of its stores are operational now after the easing of lockdown relaxations, though footfalls and revenue remain well below pre-COVID levels.
According to a PTI report: Sharing an update on the...
Fashion
Brooks Brothers files for bankruptcy
Brooks Brothers, one of America’s oldest apparel company, announced that it has commenced Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware to facilitate a value-maximizing sale process. A transaction would ensure that the...
- Advertisement -
Latest News
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...
- Advertisement -
