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COVID-19

Jewellery industry needs digital strategies for post-COVID growth: Report

The jewellery industry which is going through a slowdown in consumption demand amid the pandemic would require digital strategies for its growth post the COVID-19 crisis, according to a report by the World Gold Council. The report noted that although...

Retail inflation likely to remain at elevated levels in coming months: Report

Retail inflation in the country is likely to remain at elevated levels in the next few months on account of supply constraints driven by labour shortage rather than due to fiscal deficit or other external factors, according to a...

Unlock 2.0: Retail challenges and solutions in corona times

Two months after enforcing the Coronavirus-led lockdown, the government of India eased some restrictions and markets have gradually started re-opening in different parts of the nation. But although malls and stores have started re-opening, consumer sentiment is still cautious and...

Tupperware sees 30 pc jump in conservation and food preparation category

Tupperware, a globally renowned and much-loved premium homeware brand based out of Orlando, US, launched over 55 stores across India since it adopted a harmonious multi-channel sales approach last year. The brand has re-opened 80 percent stores with due...

Crea launches Mad Masks

Crea Worldwide, an innovation first manufacturing company that manufactures high end lifestyle bags, PPE Kits and coveralls and tactical gear, launched protective mask brand, Mad Mask. Mad Masks sells over 1,500 SKUs through its online store with a vision...

Godrej Consumer Products sees 2020 as 'second beginning' for company

Over a century after making its first soap in 1918 during the Spanish flu pandemic, becoming the first company in the world to produce soap using vegetable oil instead of animal fat, Godrej Consumer Products Ltd (GCPL) is looking...

Most online customers prefer prepaid orders amid pandemic

As concerns of COVID-19 infection rise amid the pandemic, majority of the customers on e-commerce platforms prefer prepaid orders over cash-on-delivery, according to a report. The report prepared by ClickPost along with Dr Vaidya's, says that with rising prepaid orders,...

Titan expects businesses to be hit 'very substantially' due to COVID-19

Watch and jewellery maker Titan Company is expecting its businesses to be hit ‘very substantially’ in the current financial year due to disruptions caused by COVID-19 pandemic. The company said its focus during 2020-21 will be on cash flows...

RTW Retailwinds, Inc. voluntarily files Chapter 11 bankruptcy

RTW Retailwinds, Inc., an omnichannel specialty apparel retail platform for powerful celebrity and consumer brands, announced that it and its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy...

Walmart-led investors pump in US$ 1.2 bn in Flipkart Group

A Walmart-led investor group on Tuesday pumped in an additional US$ 1.2 billion into the e-commerce platform Flipkart Group to support its marketplace in the wake of the ongoing COVID-19 pandemic. With the new investment, Flipkart group is now valued...
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Baazar Style Retail IPO gets 4.64 times subscription on Day 2 of offer

The initial share sale received bids for 6,96,80,144 shares against 1,50,30,116 shares on offer, according to NSE dataNew Delhi:...
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