Consumer-packaged goods firms to spend $24 bn on digital transformation
Manufacturers of consumer-packaged goods (CPG) will be spending $24 billion on digital transformation in 2030, ABI Research forecasts.
CPG manufacturers’ spending on data and analytics...
Nike shines in online business thanks to investment in digital transformation
Nike has revealed that its fiscal 2022 revenue is estimated to grow by low double-digits and surpass $50 billion driven by its investment in...
Luxury watchmakers step up digital investment to beat crisis
Luxury Swiss watchmakers, usually not big fans of online retailing, are launching a new all-digital Watches & Wonders event on Wednesday to show off...
Pharma industry to spend $4.5 bn in digital transformation: ABI Research
Pharmaceutical industry is forecast to spend $4.5 billion in digital transformation by 2030, the latest ABI Research report shows.
Digital factory revenue will top $4.5...
Online retailer Zalando aims for 10 percent of fashion market
German online fashion retailer Zalando said it aims to capture more than 10 percent of the 450 billion euro ($537 billion) European fashion market,...
Adidas reveals investment in digital transformation and online sales target
German sportswear company Adidas announced its growth strategy that involves investment in digital transformation to improve online sales.
Adidas aims to double its e-commerce sales...
Bata bets on digital business to boost retail growth
Footwear major Bata India announced results for the quarter ended 31st December 2020. Backed by improving sales during festive season, revenue from operations for...
Hiring processes and trends for new CIOs
Seventy percent of hiring processes of new CIOs rank individual determination and sensitivity as two critical personal characteristics in 2021, according to Gartner research...
Fossil focuses on digital transformation spending for business growth
Fossil Group CEO Kosta Kartsotis has revealed how the company's spendig on its digital transformation initiatives have resulted into business growth in the third...
How digital transformation is powering Nike business growth
Nike CEO John Donahoe has revealed that it depends on digital transformation for the sportswear brand’s business growth.
Nike recently announced its fiscal 2021 financial...
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