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Banks have done nothing to help retailers, says Retailers Association

Banks have done "sweet nothing" to provide financing to retailers to tide over the lockdown crisis, and the government intervention is needed to avoid mass unemployment in the sector, according to RAI. According to a PTI report: The retail industry...

GRADO launches anti-viral fabrics with NEO TECH® technology

With the intention of creating one mega-brand which caters to a wide range of consumer psychographics, GRADO had invested in bringing together WORSTEDS from the house of OCM and TR/BI-STRETCH fabrics from the house of GBTL (which were earlier...

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...

Resetting Global Supply Chain: India's Big Opportunity

Once the corona pandemic ends and the dust settles, the fashion supply chain is expected to change rapidly. The global industry is abuzz with discussions about inshoring and nearshoring and especially in the wake of the rising anti-Chinese sentiments,...

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...

Expectations from restaurants during the pandemic and beyond

It would be safe to assume that consumers expect safety and hygiene to be a basic need from restaurants going forward. Until now, it was taken for granted. Let me start with an example. I recollect that clearly demonstrated...

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...
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Location AI startup GeoIQ unveils footfall & site analysis feature

GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with...
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