The fashion industry has been hit the worst largely because of the fact that the malls got closed, the store closed, highlighted industry experts at the webinar organized by Retailers Association of India (RAI).
Shopping Centers Association of India (SCAI) suggested that shopping malls should be opened in three phases, once allowed to be operational In the first phase, it said, supermarket, infant’s clothing, electronics, and salon should be allowed, food courts and multiplexes in the second and third phase, respectively.
Leading footwear brand Crocs in partnership with the brand’s global brand ambassador, Priyanka Chopra Jonas, has announced to donate 10,000 pairs of footwear to healthcare professionals in Kerala, Maharashtra, Haryana, & Karnataka. This charitable contribution is an initiative by Crocs and Priyanka to support healthcare professionals in India during the COVID-19 pandemic.
India is currently under the second phase of lockdown, subjected to rising cases and fatalities of the global pandemic. Of all the industries that the coronavirus outbreak has put to test, retail is the worst. According to several industry analysts, clothing, dining, and grocery retail might need another year to recover the ongoing losses.
Online shopping fell by a whopping 30% on March 22, the day of Janata Curfew, as per India’s leading processor of eCommerce authentication Wibmo. In the coming week, Indian consumers returned online, however with a significant change in behavior. RuPay spend slowly climbed back to about 98% of normal volumes but continued to
fluctuate between 87% to 98% reflecting both caution and apprehension during uncertain times.