Unilever expects global consumption patterns to be suppressed in the first half of this year, even as business returns to normal in East Asia and markets in Africa and Latin America show resiliency, its CEO announced.
Asos concluded a strong year with a four-month autumn and festive period that showed just how strong a business it is. Sales soared not just in the UK but globally and it expects higher profit as a result.
E-commerce solutions business Shopmatic has exceeded its revenue targets by 40% and reported a revenue total of $7 million (Rs 46.6 crore) from April to December, 2020. The business expects to turn cash positive in 2021.
Cosmetics trade show Cosmoprof India will return to Mumbai with a business-to-business fair from February 22 to 23 at the Hotel Sahara Star in Mumbai. The ‘phygital’ event will mix online and offline features.
On January 7, Lakmé Fashion Week launched its new digital couture showcase, ‘Nexa Digital Couture’, and presented interactive, ready-to-shop looks by Ridhi Mehra, Amit Aggarwal, and Abraham and Thakore.