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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...

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...

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...

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...

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...

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...

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...

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...

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...

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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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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