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Saudi Arabia Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Report 2021-2025 - ResearchAndMarkets.com
February 25, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 25, 2021
The gift card market in Saudi Arabia has witnessed change in consumer behavior due to the pandemic.
There has been shift from physical gift cards to e-gift cards as consumers prefer safe and convenient gifting options for family and friends especially during festive season. Though adoption of e-gift cards has been increasing prior to the pandemic, the penetration has further increased as consumers confine themselves to their homes due to fear of spread of coronavirus.
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The Global Baby Apparel Market size is expected to reach $207.1 billion by 2026, rising at a market growth of 8.8% CAGR during the forecast period. Baby clothing includes apparel like outerwear, nightwear, innerwear, socks, and tights that are designed for babies. The clothes are characterized according to the age of the child. Infant wear mainly includes clothing for infants who belong to the age group of less than 12 months, whereas toddler wear refers to apparel or clothing for those children who are aged between 1-3 years.
Shifting lifestyle of the people, increasing women working population has resulted in more awareness among the population about the proper presentation of their babies. Therefore, baby apparel market is growing significantly. As the demand for new styles is continuously increasing, product innovation is being done to develop new styles and it has become a key success for the baby appa
Inditex profit falls, but online sales stronger Published: Dec. 15, 2020 at 3:25 a.m. ET By Resize icon
Industria de Diseno Textil SA said Tuesday that net profit and sales fell in the third quarter of its fiscal year, but showed recovery from earlier in the year as online sales grew strongly.
The Spanish retailer, known as Inditex, said net profit for the three months to the end of October was 866 million euros ($1.05 billion), down 26% from EUR2.72 billion a year earlier. Sales for the period were EUR6.05 billion, down from EUR7 billion the previous year.
Earnings before interest, taxes, depreciation and amortization came to EUR1.85 billion in the quarter, down from EUR2.23 billion previously.
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After a day’s work . . . Garment workers in Kandal province travel home in cramped transport vehicles, risking safety on a daily basis. Hong Menea
Darning a tattered garment sector – Kingdom sees hope in Covid-19 vaccine
Thu, 10 December 2020
No doubt the vaccine’s arrival will indirectly restore manufacturing activity but industry players must make changes to adapt to a new normal in the global clothing market
Even as Cambodia’s garment customers – giant clothing chains and departmental stores in the West roil in financial doldrums, the nearly $10 billion export value sector is beginning to stitch itself together on hopes of the Covid-19 vaccine.