Hugo Boss to cut IT investment despite digital focus
Hugo Boss said it will stop investment in nonessential system implementations as part of the strategy to cut cost during the Covid-19 epidemic.Josef Richter...
CIO action plans to protect business during COVID-19: Gartner
Research agency Gartner has revealed that CIOs can take 8 actions to protect or quarantine their IT organisations’ cash flow during the COVID-19 pandemic.
“Survival, not growth, will be...
P&G gains from digital transformation during COVID-19
Procter & Gamble (P&G) has reported 5 percent increase in sales to $17.2 billion during the January - March quarter of fiscal year 2020.
P&G...
Shalimar Paints CIO Ashok Jade joins Spark Minda as CITO
Ashok Jade, chief information officer (CIO) at Shalimar Paints, has joined Spark Minda, a manufacturer of automotive components, as the group chief information and...
Carter’s enhances online shopping experience with digital transformation
Carter’s said online sales grew to 36 percent of total retail sales in the quarter as compared with 32 percent last year.Carter’s had a...
Woolworths reveals e-commerce gains from digital transformation
Retail major Woolworths Group said its online sales grew 31.6 percent to $1.6 billion in 2019 and online accounts for 12.1 percent of group...
Danone benefits from digital transformation at manufacturing units
Danone CEO Emmanuel Faber recently said the company will invest in a data, tech and agile enabled transformation, leveraging data and technology to strengthen...
Gartner recommendations for CIOs to handle coronavirus impact
CIOs should focus on three short-term actions to increase their organizations’ resilience against disruptions in the wake of the spread of the coronavirus (COVID-19), according...
Henkel steps up investment in digital business and IT
Henkel chief executive officer Carsten Knobel recently said it will be stepping up its growth investments in advertising, digital and IT by €350 million...
Carrefour digital transformation powers 30% hike in online food biz
Carrefour has enhanced its Capex (capital expenditure) by €160 million in 2019 as compared to €1,725 million in 2018.
Carrefour has a target of €2.8...