l

Googling for groceries among hot searches

Searches for “grocery delivery near me”, “online grocery delivery” and “ration dukaan” were up 550%, 350% and 300% this year compared to the previous year.




l

Fund-starved Karnataka raises liquor duties, distillers say move won’t help anyone

Chief minister BS Yediyurappa has been exploring revenue opportunities, and plans to also auction off plots of land in and around Bengaluru to mobilise funds. The revised retail prices will take effect Thursday. The CM has, however, spared beer and wine.




l

Budweiser to invest more in e-commerce as virus hits offline demand

The company, which has a portfolio of more than 50 beer brands including Stella Artois, Corona and Harbin, reported quarterly revenue of $956 million, down from $1.6 billion last year.




l

Payments platform Simpl records about 35% upsurge in daily essentials transactions through online orders

Green Visor Capital backed-Simpl, that allows users to buy now and checkout with pay-later function, said the surge in the number of transactions done for daily essentials increased despite supply and workforce issues by merchant partners.




l

Assam, Nagaland, Meghalaya and Arunachal Pradesh may levy COVID cess on liquor

Assam finance minister, Himanta Biswa Sarma said, “We had an informal discussion with these states and we may increase the tax on liquor. Tomorrow we are having a cabinet meeting in Assam and a decision in this regard will be taken.”




l

With 45 pc of national intake, southern states draw 10-15 pc revenue from liquor: Report

The five southern states of Andhra Pradesh, Telangana, Tamil Nadu, Karnataka and Kerala together consume as much as 45 per cent of all liquor sold in the country, the report by Crisil said. While Tamil Nadu and Kerala top the list in revenue percentage terms at 15 per cent each, for Kerala the tax on liquor is its single largest revenue source.




l

To avoid overcrowding, Delhi govt launches e-token system for liquor purchase

According to an official statement, the government released a web link - www.qtoken.in - where people will be designated specific time for purchasing liquor after they fill personal details. The e-tokens will be sent on the mobile phones of the registered persons, it said.




l

JioMart wants you to buy small and buy often

Currently, owing to the ongoing lockdown, kirana (corner) stores on JioMart serve limited inventory. But that will be a thing of the past once restrictions are lifted.




l

Amazon, Future Group in talks over Future Retail stake sale

The move came after Future group firms defaulted on loans taken against the pledged shares of Future Retail in March, which also impacted its share price.




l

Corona blues to take the punch out of liquor business in FY21: Pernod Ricard

Pernod Ricard, estimated to have revenues of Rs 21,000 crore in India in 2019-20 on sale of around 55 million cases, sells imported brands such as Chivas Regal, ABSOLUT, Glenlivet and Jameson, apart from the locally-made large-selling ones such as Royal Stag, Blenders Pride, and 100 Pipers.




l

Spirit makers look to boost reach

In addition to making their products available at more outlets, top spirits makers are also in discussion with state excise departments and online food delivery giants such as Swiggy, Zomato and Dunzo to push for home delivery of liquor, including select premium brands, sources said.




l

UP govt warns of stern action against liquor vendors overcharging customers

Following instructions from Excise Minister Ram Naresh Agnihotri, principal secretary (excise) Sanjay R Bhoosreddy said that a rate higher than the fixed MRP cannot be charged by liquor vendors under any circumstances.




l

States should consider home delivery of liquor during lockdown, says Supreme Court

The Supreme Court refused to pass any orders to this effect, but suggested that it could be a better alternative than the chaos which has followed the government decision to open liquor shops during the lockdown.




l

Madras High Court orders for TASMAC shops closure as TN crosses 6,000 Covid-19 positive cases

The High Court passed the interim order on Friday as a result of the blatant violation of the conditions that the court had prescribed under which liquor shops could function. These conditions included adhering to social distancing norms while also deploying additional staff to manage the crowd.




l

Delhi: Liquor hunt shifts online, site crashes

Thousands of people standing outside the vends across the city said they had been trying to access the website since Thursday but decided come out and queue up for their turn when the online link didn't open. Delhi government officials confirmed the website crashed due to heavy rush and the glitch was being fixed.




l

Assam hikes liquor prices by 25 per cent

Assam cabinet held its meeting on Friday through video conferencing. Assam Industries and Commerce Minister Chandra Mohan Patowary said the 25 per cent hike will add Rs 1000 crore to the government's kitty.




l

Delhi govt issues 4.75 lakh e-tokens to buy liquor

Under the e-token system, customers are given specific time for purchasing alcohol so that there is no violation of social distancing norms by people queuing up outside liquor stores.




l

New China tariffs a 'job killer,' US footwear industry tells Trump

The five per cent increases, which will take the tariffs to 15-25 per cent, and are due to roll out in stages through December and target some popular items, such as laptops, mobile phones and some shoes.




l

After demonetisation, GST, floods hit Agra's footwear industry hard

Sharing the reasons for the slowdown in the shoe industry, shoe manufacturer Pradeep Kumar said: "The main cause is the flood that most part of the country is facing. Due to sluggish sales, we are also short of funds."




l

Consumption would be the alpha generator in next 5 years: Siddharth Parekh, Paragon Partners

There is a lot of deal activity because businesses are looking for capital.




l

Bata to add 500 more stores in next 5 years on franchise model

Bata has already identified 180 such markets in smaller cities pan-India.




l

'Come As You Are': Priyanka Chopra signs deal with Crocs

The actor will endorse 2020 collections of the casual footwear brand.




l

Bata to use multi-channel retail strategy to reach more customers

The company, which has a retail network in 450 towns, is further expanding by adding new stores in smaller towns through franchise route.




l

Aspiration keeps premium footwear brands afloat despite slowdown

Industry players say premium and luxury buying sees an uptick in two cases — purchase for occasions by the aspirational millennial and by a growing cohort of marathon runners.




l

Nike says virus to have 'material impact' on China operations

"Similar to others in the marketplace, approximately half of Nike-owned stores have been temporarily closed," while it is "experiencing lower than planned retail traffic in stores that do remain open."




l

Agra footwear industry stares at losses due to coronavirus

Every year, leather shoes worth over Rs 3,000 crore are exported to European countries from Agra. The US and several African countries are also important destinations for Agra footwear, say industry sources.




l

Adidas closes China stores over virus outbreak

The outbreak that has infected over 24,000 people and killed nearly 500 in mainland China has forced many stores and factories to close and airlines to cancel flights.




l

Woodland aims to double sales to Rs 2,500 cr by FY25

"Our topline was around Rs 1,250 crore (FY19) and is growing by 10 per cent every year, which is a quite healthy and sustainable," Aero Club Managing Director Harkirat Singh told .




l

Nike temporarily closes European headquarters due to coronavirus case

Dutch news agency ANP, citing an internal email, reported overnight that the office in Hilversum would be disinfected. The employee was staying home in isolation for 14 days, it said.




l

Sustainable footwear brand Neeman’s raises $1 million from angel investors

Founded in 2017 by Taran Chhabra and Amar Preet Singh, Neeman’s is a sustainable shoe brand that uses completely natural, renewable, recyclable and chemical-free materials to reduce the carbon footprint.




l

Huge trade opportunities in Russia for leather, footwear exports: CLE Chairman

Russia has imported leather and footwear worth USD 3.9 billion in 2018, and India's exports to that country stood at only USD 52.6 million, said Panaruna Aqeel Ahmed, chairman of Council for Leather Exports (CLE).




l

Covid-19: Bata to donate one million pairs of shoes to healthcare workers, volunteers

The donation will impact a number of countries in Europe, Latin America, Africa, Asia-Pacific, including India.




l

Rising fitness a boost for women’s activewear sales

Women’s share in the activewear category has gone up for sports brands such as Nike, Reebok, Adidas and Puma because of an increase in their participation in sports and other activities such as running, yoga, pilates and Zumba.




l

Nike says bye to selling on Amazon

Big brands have quit Amazon's platform due to sales of counterfeit products and unauthorised sellers which undermines the value of the original brands.




l

Sunil Chhetri inks 3-year deal with PUMA

Chhetri joins the brand's roster of global players like Antoine Griezmann, Romelu Lukaku, Luis Suarez and Sergio Aguero among others.




l

Decathlon's 'contact-details' demand sparks row

French retailer Decathlon’s refusal to do business with customers who refuse to share their contact details has sparked a wave of protests on social media.




l

Delhi HC restrains Campus from selling shoe range on Puma’s copyright plaint

Campus Activewear is part of the Synergy Action Group that sells 100,000 pairs of shoes every day through more than 50,000, mostly third-party, outlets, according to Action Shoes’ website.




l

Small towns purchase more sportswear via e-platforms

Sportswear makers say sales in tier II and III towns have grown exponentially in the last few years and contribute a sizable percentage of their revenue now.




l

Coronavirus slams Adidas, Puma sales in China

"Our business activity in Greater China has been around 85 percent below the prior year level since Chinese New Year on January 25," Adidas said in a statement.




l

Puma launches collection made from waste plastic bottles

“The Puma and First Mile programme has diverted about 40 tonnes of plastic waste from landfills and oceans, just for the products made for 2020. This roughly translates into 1,980,286 plastic bottles being reused,” said Stefan Seidel, head of corporate sustainability for Puma, in a press statement




l

India is driving Puma’s global growth: CEO

Puma operates 365 owned stores in India, and over the past three years, has signed up cricketer Virat Kohli, boxer Mary Kom, footballer Sunil Chhetri and actress Sarah Ali Khan to endorse its products.




l

Tie-up with Virat Kohli's One8 contributes 10% of Puma India sales

According to the company, Puma's collaboration with the Indian cricket captain saw a massive rise in sales in FY2019 with sales through One8 accounting for almost 10 per cent of its overall sales, and cementing the leadership position by a wider margin.




l

Vatika leases 50K sq ft to Decathlon in Gurugram retail project

Vatika has leased this space to French firm Decathlon, which is into retailing of sports goods, at its project 'Shopper's Village INXT' in New Gurugram, Haryana.




l

Puma India elevates India MD Abhishek Ganguly to General Manager- SE Asia and India

In a letter to the brand’s business partners, Bjorn Gulden, global CEO of Puma SE, announced Ganguly’s elevation in the company adding that that he will continue to work out of Puma’s India head office in Bengaluru.




l

Adidas warns of big coronavirus hit to China sales

China accounted for 20% of Adidas sales in 2018. It sells its products from about 12,000 stores in China, most franchises plus fewer than 500 of its own stores. Almost a fifth of its shoes and apparel are produced in the country.




l

Adidas launches “FasterThan” campaign to celebrate women in sports

With this campaign, the brand aims to highlight the inspirational stories of real women, influencers and athletes from different age groups and fields through the medium of a film, said the company.




l

Adidas apologises after backlash over refusing to pay rent amid coronavirus scare

"We would like to wholeheartedly apologise. We have paid our landlords the rent for April." Adidas, which made a net profit of nearly two billion euros ($2.2 billion) in 2019, has been hard hit by a slump in Chinese sales and store closures around the world.




l

Adidas says worse to come as profits and sales plunge

Adidas said 60% of its business was currently at a standstill, with more than 70% of its stores closed worldwide and all big sporting events - including the Tokyo Olympics and Euro soccer tournament - postponed or cancelled.




l

Muted show at Titan no cause for worry, rebound likely in H2

No large-cap company in the FMCG/ retail space is offering growth visibility as high as Titan.




l

Titan’s optical division forays into smart eyewear segment

​​The Bluetooth-enabled smart sunglasses by Titan’s eyewear division will allow users to listen to music with 8-hour playtime. An in-built mic will give access to Siri and Google assistant and allow hands-free calling.