COVID-19
Food
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...
Retail
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,...
Fashion
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...
International News
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...
Fashion
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...
International News
Fashion failures have more chance of revival without store portfolio
Investment firm Gordon Brothers has acquired the rights to the Laura Ashley brands but its 147 stores are not included in the deal.
Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this...
Food
Grocers not immune from decimated demand for clothing & footwear
ASDA is reducing payments to suppliers on a quarter of its clothing orders. Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news:
“As the fourth biggest player in the UK clothing...
Fashion
Primark’s dominance threatened by COVID-19
Primark has recently released H1 figures for 2019/20.
Commenting on the same, Pippa Stephens, Retail Analyst at GlobalData said, “Though Primark’s performance for H1 FY2019/20 once again displays impressive revenue growth, particularly internationally, the outbreak of COVID-19 will drastically impact...
Food
Waitrose expands home delivery fulfilment to cope with COVID-19 demand
Waitrose has recently released Q1 figures for 2020/21.
Commenting on the same, Thomas Brereton, Retail Analyst at GlobalData, said, “Newly appointed John Lewis Partnership Chair Sharon White has truly had a baptism by fire during her first two months in...
Food
Post-Covid World: Opportunities in kids' food segment
The recent lockdown had millions of parents scrambling- not just to stock essential grocery items, also to stock up on snacks for their kids who would have an extended vacation at home. We suddenly had thousands of moms putting...
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Latest News
Zudio goes global, opens first international store in Dubai
The new store is located at Silicon Central Mall in UAENew Delhi: Tata Group-owned value retail fast fashion chain...
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