McKinsey conducted a virtual roundtable discussion with a panel of fashion industry executives as part of the ongoing Apparel, Fashion & Luxury COVID-19-response Webex series. Below, panelists share their views on how the fashion industry will likely evolve in light of the crisis and what it will take to navigate the next normal. COVID-19 is, […]
Monthly Archives: June 2020
Coronavirus impact | Indian IT firms may lose revenue as US retail clients struggle to run business: Report
Several IT companies like Infosys, Wipro, Cognizant, Tata Consultancy Services (TCS), etc., service the retail sector in the US. Analysts claim that the clients of such IT companies could eventually cut IT services budgets, according to a report by The Economic Times. Moneycontrol could not independently verify the report. The ongoing coronavirus pandemic has caused […]
Euromonitor Determines 6 Themes Changing Durable Goods and Provider as an Outcome of COVID-19
CHICAGO–( BUSINESS WIRE)– A brand-new report from worldwide marketing research company Euromonitor International determines six styles reshaping consumer goods and services due to the coronavirus (COVID-19) pandemic. In 2020, Euromonitor anticipates per capita international consumer expense to decrease by around 5%and the international economy to go into the worst recession since the Great Anxiety. Euromonitor’s […]
Companhia Brasileira de Distribuicao (CBD) Q1 2020 Earnings Call Transcript
Image source: The Motley Fool. Companhia Brasileira de Distribuicao (NYSE:CBD)Q1 2020 Earnings CallMay 14, 2020, 9: 30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator This event is being recorded and all participants will be listening to the teleconference. We’re going to start the Q&A session afterwards, when more instructions will be […]
How Covid-19 Enhances Shopping Resident, Lifting Shopify Stock
It’s most likely a fool’s errand to make financial predictions nowadays. No one really knows how the coronavirus pandemic will play out in the next few months, much less the next year. Something that does seem clear: Customer shopping practices have actually changed. They will likely alter once again … and once again. Shopify ( […]
COVID-19: Sellers struggle amid unpredictabilities about reopening, recovery of sales
SINGAPORE: John Ng was hoping to utilize 2020 to get his new business StyleLab off the ground. Some facilities at Gem Changi Airport have seen a 70 per cent fall in business in the middle of the COVID-19 crisis. (Picture: Raj Nadarajan/TODAY). Sales in February and March fell by 70 per cent, Mr Ng said, […]
Dick’s Sporting Goods Inc (DKS) Q1 2020 Earnings Call Transcript
Image source: The Motley Fool. Dick’s Sporting Goods Inc (NYSE:DKS)Q1 2020 Earnings CallJun 2, 2020, 10: 00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day and welcome to the DICK’s Sporting Goods First Quarter 2020 Earnings Conference Call and Webcast. [Operator Instructions] I would now like to turn the conference […]
Baozun Inc. (BZUN) Q1 2020 Earnings Call Transcript
Image source: The Motley Fool. Baozun Inc. (NASDAQ:BZUN)Q1 2020 Earnings CallJun 2, 2020, 7: 00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, ladies and gentlemen, and thank you for standing by for First Quarter of 2020 Earnings Conference Call. [Operator Instructions] As a reminder, today’s conference call is being […]
Gap Inc (GPS) Q1 2020 Earnings Call Transcript
Image source: The Motley Fool. Gap Inc (NYSE:GPS)Q1 2020 Earnings CallJun 4, 2020, 5: 00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon, ladies and gentlemen. My name is Jenny, and I will be your conference operator today. At this time, I would like to welcome everyone to the Gap, […]