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Fashion

COVID-19: The impact of the coronavirus pandemic on global fashion retail

Shivam Gautom -
The global textile and fashion industry was one of the worst hit sector by the ongoing coronavirus pandemic. Since its...
International News

Coronavirus to take R$47.1bn out of Brazilian retail spend in 2020, says GlobalData

Indiaretailing Bureau -
Brazil’s retail market is set to be one of the better performing in Latin America in 2020, growing 2.0 percent,...
Fashion

Neiman Marcus files for Chapter 11 bankruptcy

Indiaretailing Bureau -
Neiman Marcus Group LTD LLC announced that it has entered into a Restructuring Support Agreement with a significant majority of its...
International News

Global retail stares at $2.1 trillion loss, to take 4 years to revive

IANS -
With the COVID-10 pandemic ravaging several industries amid poor consumer spending, global retail sales in 2020 will decline by an...
Fashion

UK clothing & footwear market forecast to decline by £14.0bn this year

Indiaretailing Bureau -
Set to be the worst hit sector by the COVID-19 pandemic, UK clothing & footwear spend is anticipated to plummet...
Fashion

Primark’s dominance threatened by COVID-19

Indiaretailing Bureau -
Primark has recently released H1 figures for 2019/20. Commenting on the same, Pippa Stephens, Retail Analyst at GlobalData said, “Though Primark’s...
Fashion

Sharp fall in consumption in the largest apparel markets of the world due to COVID-19: Wazir Advisors

Shivam Gautom -
Retail and business management consultant Wazir Advisors have released a report that outlines a sharp fall in apparel consumption in...
Fashion

Landlords under pressure as global fashion chains set to demand rent holidays

Indiaretailing Bureau -
Global fashion players operating stores in Europe’s shopping centres and high streets will be demanding, even enforcing in some countries such as Spain, rent holidays over the next...
Fashion

H&M’s recovery derailed by COVID-19, says GlobalData

Indiaretailing Bureau -
Following H&M’s Q1 FY figures for 2019/20, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company,...
Fashion

adidas apologises after backlash over refusing to pay rent amid coronavirus scare

Indiaretailing Bureau -
German sportsgear maker adidas on Wednesday said it had made ‘a mistake’ when it decided not to pay rent on...
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Latest News

Food & BeveragePTI -

Govt asks retailers to cut profit margins on pulses; pass on lower wholesale rates

The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players. New Delhi: The...

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