COVID-19

Facebook-owned Instagram on Thursday announced its partnership with online food delivery platforms Swiggy and Zomato to support small businesses in India during the COVID-19 crisis. The photo-messaging app also announced the rollout of the food order sticker in India that...

Diversified conglomerate ITC Ltd has identified emerging trends in the FMCG space arising out of the "new normal", a senior company official said. "The new normal as we see has a few long-lasting trends like greater need for healthy and...

Tupperware has reopened close to 40 percent of retail outlets across 17 cities including launch of its first exclusive brand store in Varanasi recently. These outlets are being opened in accordance with Govt. guidelines and all necessary safety measures...

Forecasts suggest that COVID-19 will wipe off US$297bn from the global apparel market in 2020, a 15.2 percent decline on 2019. The US (largest apparel market) will account for 42 percent of all lost spend, which will contribute to...

Singapore, one of the fastest growing e-commerce markets in South East Asia, has experienced a surge in e-commerce transactions post the outbreak of COVID-19 pandemic. The rise in consumer preference for online purchases during the outbreak will have a...

Food and beverage major Nestle on Thursday said that it does not foresee challenges regarding financial resources in view of the coronavirus pandemic. In a regulatory filing, the company said that it has a strong cash position and is in...

It’s been three months since the World Health Organisation declared the COVID-19 outbreak to be a ‘Public Health Emergency of International Concern’. Despite continued efforts by governments and organisations across the world, the virus continues to spread unabated. With...

The COVID-19 pandemic has propelled e-commerce into the spotlight. Even post the crisis, online shopping is likely to take precedence over offline shopping, making decentralisation imperative for the sector. While this represents a real and immediate opportunity to drive...

Luxury consumption is driven by feelings, emotions, self-identity and social status. These motivations will never wane or fade. However, the beliefs and values that shape what people consume and how they consume is undergoing drastic changes. With the outbreak...

PVH Corp, owner of a portfolio of iconic brands including Tommy Hilfiger and Calvin Klein, announced that Daniel Grieder is stepping down from his role of Chief Executive Officer, Tommy Hilfiger Global & PVH Europe after 23 years in...