Boston Consulting Group | Global news | Retail

An overview of Boston Consulting Group global news:

United States

BCG files lawsuit against GameStop for $30 million in unpaid fees Boston Consulting Group (BCG) has filed a lawsuit against GameStop seeking $30 million in damages, alleging the US retailer refused to pay agreed upon fees for turnaround consulting work.
25 March 2022
Saudi Arabia

Saudi Arabia’s e-commerce market to hit SAR 50 billion by 2025 Saudi Arabia’s e-commerce market has witnessed rapid growth in recent years, with sales increasing by more than 30 percent on average annually, according to a report by Boston Consulting Group and Me
02 March 2022
United States

Online to take a bigger piece of the sports retail pie, says BCG Online platforms accounted for 25% of global spending on sports equipment last year – including clothes and wearable technology.
19 May 2021
Poland

Driving sustainable consumption in Poland’s fashion and luxury sector In Poland, growing environmental consciousness among consumers is not translating into more sustainable fashion choices.
07 May 2021
United States

Secondhand fashion market now worth over $30 billion globally As luxury goods become ever more elusive, a new Boston Consulting Group (BCG) report has revealed that a thriving secondhand fashion market is waiting in the wings – an opportunity for consumers and
29 October 2020
United States

Macy's names BCG partner Adrian Mitchell as new CFO Macy’s Inc. has appointed Adrian Mitchell, a partner at strategy firm Boston Consulting Group (BCG), as its chief financial officer, effective November 2.
23 October 2020
Belgium

Blunder: Retailer announces CEO as ex-BCG, but he wasn't Belgian fashion retailer FNG Group has blundered in a press statement announcing its new interim CEO.
29 June 2020
India

Facebook and BCG on India's shifting consumer demands As the Indian economy displays faint signs of opening up, Facebook and the Boston Consulting Group (BCG) have analysed changes in the country’s consumer market, and whether they are here to stay.
04 June 2020
Australia

Majority of Australians to go basic and cut luxury spend More than 60% of Australian consumers plan to cut luxury spending in the post Covid-19 economy, shifting their focus to essential spending instead.
10 May 2020
India

BCG partner Nimisha Jain on the shift from India to Bharat The profile of the Indian consumer is evolving in the direction of prosperity, which is having an impact on the manner in which branding companies must market their products.
13 December 2019
India

Indian consumer durable industry to hit $36 billion by 2023 A number of conducive factors are set to drive growth in India’s consumer market, while the purchasing process itself is now subject to the ‘digital influence’.
15 July 2019
Asia

Sales of $4 trillion in emerging markets to be influenced by digital According to a new study by The Boston Consulting Group, rapid digital growth in emerging markets is set to push the tally for digitally-influenced purchases toward the $4 trillion mark in these regi
27 September 2018
Russia

Russian consumers are shifting to a new economic reality, says BCG The financial crisis that sent shockwaves through Russia in 2014 and lasted for around two years begun to subside last year.
12 June 2018
Spain

Spanish retailer Dia hires BCG Spain to support digital transformation Spanish grocery retailer Dia has hired The Boston Consulting Group (BCG) to help craft its digitisation strategy.
17 April 2018
China

Chinese consumers increasingly turn to mobile for their shopping China continues to see the number of online sales grow, amounting to almost 15% of the total share of revenues in 2015.
13 March 2018
Thailand

Rising incomes are shaping new consumer trends in Thailand As incomes in Thailand steadily rise so too does the demand for consumer goods, with an evolved ecommerce ecosystem and increased spending on indulgences two of several notable trends.
26 February 2018
Africa

Mastering Africa's complex consumer market requires tailored strategy Despite containing a monumental consumer market that is projected to grow rapidly in the near future, there are considerable complexities surrounding successful entry into the region.
03 January 2018
India

40% of FMCG purchases in India to go online as segment approaches $45 billion Over 40% of the purchases in the Fast Moving Consumer Goods Industry (FMCG) in India will be conducted online, as per a new collaborative report by Google India and the Boston Consulting Group (BCG)
17 October 2017
India

Indian consumer market to see strong growth Consumer spending in India is set to increase to $4 trillion by 2025.
19 July 2017
United States

Healthy appetite steers US CPG market to $670 billion revenue The SME sector is outsmarting the giants of the US CPG industry to increase their market share.
28 April 2016

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