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
United Kingdom

Consumer retail profit at risk as inflation bites With inflation set to rise even further from its current 30-year high, retailers are faced with looming losses.
11 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
United Kingdom

Sports retailers must adapt to online demand, warns report Global sports participation is expected to increase by one billion people by 2025.
17 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
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
United Kingdom

Fashion needs $30 billion per year for sustainability step-change A new report released at Davos 2020 has found that the fashion industry must plug a $30 billion funding gap, if it is to make good on promises to ramp up its sustainability efforts.
05 February 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
United Kingdom

Homebase calls in BCG amid doubt over retailer's future Boston Consulting Group (BCG) has been drafted in to aid struggling retailer Homebase.
18 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
United Kingdom

Chinese consumer market set to grow by $1.8 trillion by 2021 Consumption across the world’s largest economies is set to increase significantly over the coming years to 2021, and while the US is projected to remain the largest consumer economy, growing by $2.
03 August 2017
United Kingdom

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

BCG joins Facebook co-founder with investment in retail startup BCG has participated in a large funding round for B2B startup Inturn, to the tune of $22.5 million in Series B financing.
17 July 2017
United Kingdom

Large CPG companies continue to be whittled down by niche producers Large Consumer packaged goods companies continue to see their market share eroded in the face of smaller players that are able to offer consumers local and natural wellbeing propositions.
15 March 2017
United Kingdom

Opportunity to create brand awareness in Cuba as economy opens Cuba has recently been in the headlines. President Obama was the first US head of state to visit the country in 90 years, following warming diplomatic relations.
03 August 2016
United Kingdom

US CPG market grows to 670 billion, SMEs eating share from giants SME companies in the US CPG market continue to outperform the behemoths in terms of sales growth, finds a study by BCG.
28 April 2016
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
United Kingdom

Consumer goods shifting towards a winner take all world The effects of digital channels are felt across a variety of different industries, as more and more consumers opt for the convenience of buying online.
30 March 2016
United Kingdom

BCG: CPG companies facing technology cost pressures The consumer packaged goods industry is facing digitalisation, and companies are taking different approaches to meet changing consumer expectations, a recent BCG report highlights.
03 February 2016
United Kingdom

China Singles Day 11.11 to break e-commerce record Tomorrow, on 11.11, ‘Singles’ Day’ takes place in China, a special day in the country when consumers celebrate their single status. For single Chinese men and women, it undoubtedly will turn out a feast full of delight
10 November 2014
United Kingdom

BCG, Deloitte and OC&C partner of World Retail Congress Yesterday the ‘World Retail Congress’ kicked-off in Paris, a three day event for executives and managers active in the retail business. Three management consulting firms – Boston Consulting Group, Deloitte and OC&C Strategy Co
30 September 2014
United Kingdom

BCG: Banks and online stores offer the best online service Consumers are most satisfied with the services provided by online banks and online retailers. That concludes Boston Consulting Group (BCG) in a study of more than 3,000 U.S. consumers who make extensive use
05 July 2013
United Kingdom

BCG: Luxury items not suffering from recession The hunger for luxury products like yachts, dresses and expensive safari’s, even in times like these, does not seem to suffer.
06 October 2012

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