Ikea India Turns To Local Sourcing For Fighting Inflation
IKEA India is planning to start sourcing products locally as it looks to combat inflation and offer affordable price points to the country’s growing middle
IKEA India is planning to start sourcing products locally as it looks to combat inflation and offer affordable price points to the country’s growing middle
Stock value of Southeast Asia’s eCommerce and gaming company Sea Group rose 14% after it reported Q1 results that exceeded analysts’ estimates. The company reported
British luxury brand Burberry’s Q4 sales were impacted by strict lockdowns in China even though the company managed to clock in double-digit growth in full-year
After observing a sharp drop in profits, Walmart has cut its outlook, resulting from a decline in higher fuel and labor costs. The news sent
JD Sports Fashion has raised its annual profit outlook as the company registers upbeat sales this year, and consumers continue to spend on athleisure and
Kohl’s investors have rejected active investment firm Macellum’s effort to take over the company’s board by reelecting all 13 of the company’s board of directors.
Digital-first skincare and beauty brand, Glossier, is betting on the potential of brick and mortar stores with the opening of a brand new location in
French luxury goods giant Kering has appointed Gucci executive, Gianfilippo Testa, as the new chief executive of the Alexander McQueen brand. Testa is taking over
More than 5% of Louis Vuitton’s factory workers staged a walkout in protest of being paid low wages and recent schedule changes, brandishing posters that
Ralph Lauren is exploring new opportunities in the metaverse as a way to appeal to younger shoppers, the company’s CEO Patrice Louvet said at the