lockdown

The subdued domestic demand and declining export demand due to lockdowns in the global markets on account of COVID-19 come as a double blow for textile companies. While the domestic demand could revive in 3QFY21 with the onset of...

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...

Reliance Industries Limited (RIL) chairman Mukesh Ambani on Wednesday announced that global partners and investors will be brought into the company's retail arm -- Reliance Retail in the next few quarters. Speaking at the Annual General Meeting of RIL, Ambani...

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...

Consumer behaviors are settling into a new normal, as people everywhere learn to live with the reality of COVID-19 and as more countries reopen parts of their economies, says ‘A global view of how consumer behaviour is changing amid...

In keeping with ITC Hotels' commitment towards enhancing gourmet experiences, the chain on Monday announced its partnership with Zomato, India's leading food delivery platform, to offer customers responsible dining experiences in the comfort of their home. Zomato, as an online...

Global beverages and snacks major PepsiCo Inc witnessed a double-digit decline in its beverage sales in India in the 12-week period ended June 13 amid the coronavirus pandemic, according to the company''s earnings statement. According to a PTI report: The...

In a sign of economic activity picking up in the country post lifting of the lockdown measures, a lot lesser number of entities and individuals have come forward to take advantage of the extended period of moratorium on repayment...

Retail inflation rose to 6.09 per cent in June, mainly on account of higher prices of food items, the government data showed on Monday. According to a PTI report: Food inflation in June increased by 7.87 percent, according to Consumer...

Cross Border Kitchens (CBK) - a multi-brand, multi-vertical food-tech company, has registered Rs 3.33 crore in revenue in FY19. The company has also witnessed a 12 percent hike in cart value and recorded a 20-25 percent increase in order conversions...