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Deliveroo’s IPO success critical for ambitions to crack US market: GlobalData

Following today’s news (15 March 2021) that Deliveroo has announced plans to commit £1bn ($1.39bn) to float shares of the company on the UK stock market; Jim Toy, Consumer Analyst at leading data analysis company, GlobalData, shared his view on...

Loungewear won’t stay still; it will become a core category: Francesca Muston, VP, Fashion, WGSN

In an exclusive interview, IMAGES Business of Fashion talks to Francesca Muston, Vice President, Fashion, WGSN about the evolving loungewear market and its relevance in the near future. Excerpts from the interview... Post the pandemic, a renewed demand has been witnessed...

Reliance to integrate JioMart with WhatsApp

According to a report by daily Mint, Reliance backed Jiomart may be embedded into WhatsApp in six months' time to allow consumers to order on the popular messaging app itself. The Mint report cited two officials aware of the development. Reliance,...

Aldi’s Deliveroo experiment reveals Christmas e-commerce potential for discounters: GlobalData

As e-commerce and delivery ramp up - due to Christmas, COVID-19 and lockdowns - German discounter, Aldi, has expanded its tie-up with Deliveroo to almost 130 of its 900 stores in the UK and would extend a click and...

Reliance’s new grocery delivery service Jiomart is well-placed to make gains in India’s fast-growing online food market

Indian conglomerate Reliance Industries is launching a grocery delivery app under the banner Jiomart in 200 towns and cities across India Thomas Brereton, Retail Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Ultra-convenience...

COVID-19 threatens foodservice operators with almost half of consumers cooking more at home

43.1 percent of consumers globally say they are spending more time cooking at home during the COVID crisis, which is hindering demand for takeaway services, says GlobalData, a leading data and analytics company. Following the latest publication of GlobalData Retail’s...

COVID-19 demands radical changes in APAC foodservice industry, says GlobalData

Consumers are highly concerned about the possibility of being exposed to COVID-19 and its impact on their health and lifestyle. In line with this, changes in customer behavior, especially consumption habits, have been observed in the Asia-Pacific (APAC) food...

UK regulator allows Amazon to invest in food start-up Deliveroo

The UKs Competition and Markets Authority (CMA) has provisionally allowed Amazon to invest in food delivery startup Deliveroo as the new coronavirus pandemic is having a significant negative impact on Deliveroo's business. The UK's primary competition and consumer authority was...

Amazon invests in UK-based food delivery platform

Expanding its efforts into the online food-delivery market, Amazon led a US$ 575 million investment in London-based food delivery company Deliveroo, which was once of interest to Uber and Uber Eats. "Amazon is set to be the largest investor in...

Takeaway startup Delivery Hero raises €387 million from Naspers

Online food takeaway firm Delivery Hero, one of Europe’s biggest start-ups, has raised 387 million euros by issuing new shares to South African media and e-commerce firm Naspers. This investment will help fuel Delivery Hero's growth plans. Naspers will also...
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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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