COVID-19

The ongoing lockdown imposed to contain coronavirus pandemic will only have a short-term sales impact on apparel industry, while softening commodity prices will support overall profitability during the current fiscal, according to a top official of Raymond Ltd. The...

Following the nationwide shutdown mandated by the Chinese government in early February in a bid to contain the COVID-19 outbreak, CapitaLand sales offices across China have reopened progressively in March. CapitaLand’s other business segments in China have also seen a...

Myntra announced that it has partnered with Wildcraft, India’s leading head-to-toe outfitter and fastest growing outdoor gear, clothing and footwear brand, to offer high quality personal protective masks on its platform. As part of its commitment to serve customers...

FMCG firm Marico Ltd on Monday announced an initial grant of Rs 8 crore to support the government, workers and medical fraternity in their fight against COVID-19 pandemic. The company has increased the safety measures and adopted necessary precautions to...

Britannia Industries has partnered with on-demand e-commerce platform Dunzo on home delivery of all its products. Customers can avail Britannia products through the Dunzo app in under an hour of ordering from the ''Britannia Essentials'' store, a joint statement said...

India's textiles and apparel sector production is expected to decline by 10-12 percent in the April-June quarter owing to the coronavirus pandemic, according to a study by KPMG in India. Demand shocks are expected to hurt India's textile exports over...

Amid the COVID-19 coronavirus outbreak, many countries have advised people to stay home unless their work is essential. Should those in the packaging industry be classed as essential? In the UK, the government has released guidelines to only go outside...

Sustainability was the buzz word of 2019 and would have continued to increase in prominence in 2020. However, the global outbreak of coronavirus (COVID-19) will bring progress to a halt, according to GlobalData, a leading data and analytics company. Emily...

A slow holiday comparable (comp) sales growth coupled with mismanagement of inventories during the fourth quarter (Q4) of 2019 affected sentiments for the US-based retailer, Target, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform, found...

Marico Limited, one of India’s leading FMCG firms, has partnered with Swiggy and Zomato to introduce ‘Saffola Store’ on the country’s foremost foodtech platforms. This initiative enables the consumer to order essential food items under the Marico portfolio - Saffola...