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Five key trends that are reshaping apparel sourcing in 2021

The clothing industry and its supply chains were riddled with problems long before COVID-19 – but it took a global pandemic to push them to the forefront. Many companies are already changing the way they operate, and it is clear the ramifications...

Reopening post COVID-19 could be worse than lockdown months for many UK restaurant operators

April will see the furlough scheme come to an end and allow customer-facing outlets such as cafés, restaurants, and pubs to reopen. While this may seem like a saving grace for the UK restaurant sector, which has plummeted from *1£32.2bn in...

Fashion retailers use anti-viral technology for fabric to prevent COVID

Innovation – both interactive and engaging – has changed the dynamics of retail. In times that are tough, in order to reshape the concept of traditional retail, product innovations are gaining attention, aiding experiential retail and consumer engagement. These...

India’s soups market expected to reach US$117m in 2024: GlobalData

The Indian soups sector is projected to grow from INR7,230.8m (US$102.7m) in 2019 to INR9,023.2m (US$117m) in 2024 at a compound annual growth rate (CAGR) of 4.5%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘India Soups – Market...

Tesco’s record Christmas sales reveal how COVID-19 has boosted interest in sustainability

Tesco announced record sales over Christmas, reporting that in 2020, the sales of vegan Christmas alternatives surged, with the retailer’s largest-ever plant-based festive ranges showing significant increases in interest. This is in line with GlobalData’s research which shows that...

Kerala theatres shut despite green signal from government

Despite the Kerala government's nod for cinemas to reopen on Tuesday after being shut for months due to the COVID-19 induced lockdown, theatres remained closed as the film industry wanted the authorities to address its demands and concerns before resumption. There are over 1,200...

RAI welcomes Karnataka decision to allow shops, malls, restaurants to stay open 24×7

Retailers Association of India (RAI) has been working with the State Government of Karnataka for enabling Ease of Doing Business and has been pursuing various departments to adopt the State Retail Trade Policy and allow retailers to operate 24X7,...

20% Paytm staff to continue WFH post-pandemic, hiring from smaller towns to increase

Paytm has doubled down on its efforts to hire staff from smaller towns and allow them to continue working from those locations even after the pandemic situation eases, founder Vijay Shekhar Sharma said. "We figured out that we could now recruit from cities...

Raymond CMD cautiously optimistic about recovery amid pandemic

Raymond is "cautiously optimistic" about recovery amid the COVID-19 pandemic, its Chairman and Managing Director Gautam Hari Singhania has said. Looking at the 2020-21 fiscal as a "total washout", the group expects this fiscal to end on a flat note in...

Health conscious consumers focus on healthy meals for a fitter future

The current COVID situation has taught us a lot and one of the main things which a lot of Indians learnt fast, in the 70-day lockdown was adopting the habit of eating healthy food. During the lockdown, as restaurants...
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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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