coronavirus

Transitions in South America coupled with store closures in China drove a decline in Nike’s margins and sentiments, says GlobalData, a leading data and analytics company. GlobalData’s company filing analytics platform found that Nike’s overall sentiment score declined by 9.4...

In the ongoing fight against Covid-19, health stipulations have mandated two important facets to help protect against the deadly virus – hand hygiene and the hygiene of frequently touched surfaces. Hand hygiene is critical and continues to be in conversation...

Procter & Gamble (P&G), one of the leading FMCG companies in India, has stepped up its efforts to serve the country in response to COVID-19 under its response program ‘P&G Suraksha India’. The company has announced that it will produce...

There could be as many as one crore job cuts in the textiles sector, which has been severely hit by the ongoing lockdown, if there is no support and revival package from the government, according to apparel industry body Clothing Manufacturers Association...

The nationwide lockdown has benefited digital payment platforms as 42 percent Indians have increased the use of digital means for payments in the last three weeks, a report said. As per a PTI report, buying essentials and mobile recharges...

The Central Government on April 15, 2020 issued revised guidelines for the second phase of the COVID-19 lockdown in India. In his address to the nation, Prime Minister Narendra Modi declared that the lockdown in India – which has...

Thousands of stores, supermarkets and shopping malls have closed since March and millions of people have been forced to stay-at-home amid coronavirus lockdown. This has led the European retail sales industry to suffer its biggest fall in years. Some...

Germany's Metro Cash & Carry on Tuesday said the lockdown will have financial impact on its Indian operations, but its focus will be to ensure there is no shortage of food and grocery supplies to kirana stores. According to a...

FMCG major Dabur India on Wednesday said the Covid-19 pandemic and the consequent lockdown will have "material" impact on the company's production and sales in March and will continue till the lockdown stays during the current financial year. According to...

Amazon will soon allow third-party sellers to start ship nonessential items to its warehouses as it ramps up efforts to supply the essential items in the challenging COVID-19 times. In a statement to CNBC, the e-commerce giant said: "We appreciate...