COVID-19
Food
Tata Consumer Products to emerge as full-fledged FMCG company: Chairman
Tata Consumer Products Ltd (TCPL), formed recently by the merger of Tata Global Beverages and the foods business of Tata Chemicals, is aiming to be a full-fledged FMCG company, its chairman N Chandrasekaran said on Monday.
According to a PTI...
Food
What’s next for CPG brands in unprecedented times
In response to the unprecedented and evolving impact of the COVID-19 pandemic, the consumer packaged goods industry is focused on adapting supply chains, manufacturing and marketing to meet the rapid changes in demand.
With shoppers easing into a new normal,...
Retail Hub
Shopping malls adopt the enemy, online, to help survive COVID-19, says GlobalData
The COVID-19 crisis has led to the temporary closure of most shopping malls not only in the Asia-Pacific (APAC) but also globally amid the lockdown measures. With the situation easing and shopping centers beginning to reopen, the visitors’ number...
Food
Current business environment, consumer sentiment remain volatile but cautiously optimistic about future: Marico
Homegrown FMCG major Marico Ltd on Friday said the current business environment and consumer sentiment remain volatile but it remains cautiously optimistic about the future, which however will depend on the extent of the spread of COVID-19 in India...
Fashion
Raymond appoints Amit Agarwal as Chief Financial Officer
Fabrics and garment major Raymond on Friday said it has appointed Amit Agarwal as Chief Financial Officer (CFO), replacing Sanjay Bahl who has relinquished his position.
According to a PTI report: Agarwal, who was the CEO of Jindal Coated Steel...
Food
How to be a post-pandemic grocer
The high-tech touchless grocery store that Amazon opened in Seattle this past February was viewed by some in the grocery industry as an expensive gimmick, a multi-million-dollar publicity stunt. The future of grocery retail? No way. It’s never gonna...
Retail
Kalyan Jewellers appoints Sanjay Raghuraman as its first CEO
Kalyan Jewellers on Thursday announced the appointment of Sanjay Raghuraman as its first Chief Executive Officer.
The company also inducted Salil Nair and Anil Nair as Directors on its board. Raghuraman was earlier serving as the Chief Operating Officer of...
Research
Apparel, restaurants, footwear among retail to take a hit by COVID
IANS -
COVID-19 will have an impact across the board on discretionary categories in the retail sector as limited social interactions and increased WFH trends may hit apparel, quick service restaurants (QSR) and footwear players.
According to a report by Ambit Capital,...
Fashion
FabAlley launches Fab Fix, a recommendation-based solution of curated fashion boxes
FabAlley, a home-grown western wear brand from the house of High Street Essentials Pvt. Ltd, launched Fab Fix - a data-driven product recommendation platform that curates fashion boxes suited to a customer’s individual style. This new solution housed on...
International News
Retailers need to instill confidence among APAC consumers to remain relevant in post COVID-19 world, says GlobalData
As China and other markets across the Asia-Pacific (APAC) region continue to grapple with the COVID-19 pandemic, there is a visible difference in how consumer spending has changed over the course of the first half (H1) of 2020 due...
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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...
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