lockdown
Retail Hub
First Virtual Roundtable on 'Future of Shopping Centres' by Shopping Centres Association of India
The Shopping Centres Association of India (SCAI), is organizing its first virtual roundtable – ‘Future of Shopping Centres’. The inaugural session is the first in the webinar series called ‘SCAI Mondays’.
Hosted by Amitabh Taneja, Chairman, SCAI and moderated by...
International News
Reimagining stores for retail’s next normal
As the COVID-19 pandemic erupted, hundreds of thousands of stores across the United States shut their doors, unsure as to when they would reopen.
“At some point, retail stores will reopen - but unless apparel and specialty retailers redefine the...
Food
Personal care, food & beverage, and home care are expected to recover faster from COVID-19 crisis: EY analysis
Personal care, food & beverage, and home care are expected to recover faster as compared to other categories, primarily as these products are essential to survival and will be consumed irrespective of whether an individual stays at home or...
Fashion
Domestic clothing industry faces the biggest crisis in over 50 years
The Clothing Manufacturers Association of India (CMAI) is the Voice of the Domestic Apparel Industry. With 4,000+ manufacturing members and over 25,000 distributors, agents and dealers as members, CMAI has a pan India footprint. CMAI members employee more than...
International News
IKEA’s acquires AR start-up to give a store-like shopping experience to consumers
IKEA has acquired augmented reality (AR) start-up Geomagical Labs.
Commenting on the same, Wafaa Hassan, Analyst at GlobalData said, “As one of the early investors of AR, IKEA’s acquisition of Geomagical Labs gives its customers the opportunity to see how...
Fashion
UK clothing & footwear market forecast to decline by £14.0bn this year
Set to be the worst hit sector by the COVID-19 pandemic, UK clothing & footwear spend is anticipated to plummet in 2020, falling 26.1 percent versus 2019, says GlobalData, a leading data and analytics company.
Chloe Collins, Senior Retail Analyst...
Food
Grocers not immune from decimated demand for clothing & footwear
ASDA is reducing payments to suppliers on a quarter of its clothing orders. Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news:
“As the fourth biggest player in the UK clothing...
Food
Lockdown: Retailers witness spike in sale of private labels as supply lines disrupted
Leading retailers Future Retail, Walmart and Metro Cash & Carry have witnessed a spike in their private labels as supply lines from other manufacturers are disrupted amid the lockdown. The retailers said their in-house brands in essential categories such...
International News
CapitaLand Retail China Trust posts encouraging signs of recovery
In its 1Q 2020 business updates, CapitaLand Retail China Trust shared encouraging signs of recovery in its portfolio of China malls:
- Shopper Traffic in Mar’20 up 105 pc month-on-month
- Tenant sales in Mar’20 up 189 pc month-on-month
- Malls that...
Food
Pandemic Lockdown: Advantage for packaged food manufacturers
Pankaj Mahajan lives in Noida with his dietitian wife Rohini and two teenaged children Rahul and Rashmi. He has the habit of buying household groceries at the beginning of every month. Along with his two children and wife, he...
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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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