Boston Consulting Group | Global news | Crisis

An overview of Boston Consulting Group global news:

United States

US consultancies struggling to find projects in China Amid a state security crackdown on the professional services sector and foreign capital flight due to worsening geopolitical conditions, US consultancies are struggling to find work in China, accordi
26 July 2023
United Kingdom

Finding opportunity in rising raw materials prices and inflation There is not a boardroom in the land that’s not currently consumed by the burning question: how can businesses mitigate the risks posed by rising inflation and raw material prices, without impacting
15 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
Europe

Global consulting firms respond to Russia’s invasion of Ukraine Many of the world’s largest consultancies have now severed ties with Russia following the country’s invasion of Ukraine, while working to support their staff and others caught in the cross-hairs.
08 March 2022
United States

Big consultancies move to cut ties with Russia after backlash The Big Three strategy firms and Big Four accounting and consulting firms have announced they are suspending operations in Russia.
07 March 2022
United Kingdom

Test and Trace consultants come under further scrutiny After more than a year of controversy surrounding the public money spent on consultants for the Government’s misfiring coronavirus app, it has emerged that almost 2,000 consultants are still being pa
23 November 2021
Canada

Canada tops US as most attractive destination for foreign workers Canada has overtaken the United States as the most attractive destination for foreign workers, according to report on global talent from Boston Consulting Group (BCG) and The Network.
09 March 2021
United States

BCG: More than half of US companies under financial or operational stress More than 60% of US companies are under financial or operational stress, according to a recent report from Boston Consulting Group (BCG).
20 January 2021
Australia

Reinventing the workplace to meet employee expectations A divided workplace: as Australian businesses consider returning to the office as usual, many employees are keen to stay flexible with their working arrangements.
16 December 2020
China

China's luxury market set for strong rebound this year The global luxury market was already moving to China before the Covid-19 pandemic, and is doing so even faster now.
07 December 2020
United Kingdom

Government Moonshot programme will cost UK over £100 billion The UK Government has drawn up plans to carry out up to 10 million covid-19 tests a day by early next year as part of a huge expansion of its national testing programme.
21 September 2020
United Kingdom

16 consulting firms awarded government coronavirus contracts The UK Government has once again come under fire for its spending on private consulting contractors, after it emerged the industry had received contracts worth £56 million to help with the national r
24 August 2020
Australia

BCG's fees for COVIDSafe app surpass $1 million mark The Digital Transformation Agency (DTA) has extended its contract with Boston Consulting Group for its work on the COVIDSafe app for another six weeks, lifting BCG’s total fee income from the project
21 July 2020
Europe

Covid-19 crisis also an opportunity for FinTechs, says BCG While Covid-19 has brought its share of challenges for the global financial technology (FinTech) sector, a new report by Boston Consulting Group (BCG) highlights how the crisis could be an opportunit
14 July 2020
Germany

Lufthansa taps BCG to support its business rescue strategy Consultants from Boston Consulting Group are understood to have helped German aviation giant Lufthansa oversee a self-imposed administration procedure.
26 May 2020
Australia

BCG consultants volunteer to help social enterprises in need Social Impact Hub, Westpac Foundation and Social Traders have teamed up to launch a program aimed at helping social enterprises in Australia successfully navigate Covid-19 challenges.
12 May 2020
Asia

Japanese appetite for online purchases is accelerating amid Covid-19 The Covid-19 crisis might be the harbinger of a thriving ecommerce market for Japan, as people move to online shopping under lockdown.
12 May 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
Europe

How supply chain, finance and procurement are navigating covid-19 While Covid-19 took the world by surprise, companies across Europe are moving quickly to tackle the challenges caused by the ‘black swan’ virus.
30 April 2020
United States

Covid-19 makes transformation more urgent for banks The Covid-19 pandemic has compounded the issues global banks faced before the crisis.
28 April 2020
United Kingdom

Second hand luxury market could thrive despite Covid-19 While the world’s luxury goods market is expected to fare poorly in 2020, thanks to the economic havoc wrought by coronavirus, the luxury resale could well thrive.
22 April 2020
United Kingdom

Global luxury market faces massive hit from Covid-19 The world’s luxury market is expected to suffer a major blow from the coronavirus in 2020.
01 April 2020
China

Coronavirus spells big trouble for luxury goods market, say Bain and BCG Coronavirus spells trouble for luxury goods market, say Bain and BCG In behind the aviation industry and many segments of the food & beverage and entertainment sectors, the global fashion and luxury
31 March 2020
Europe

Coronavirus a blow for consultants, but also an opportunity The Coronavirus outbreak represents a major blow for consultants. However, like any crisis, it could also present an opportunity, according to the leaders of four global strategic consulting firms.
18 March 2020
United States

Social inequality more impactful on well-being than income inequality Boston Consulting Group’s Sustainable Economic Development Assessment (SEDA) suggests that the correlation between well-being and social equality is stronger than that between income equality and wel
19 July 2019
United States

Companies that react proactively to downturn can emerge even stronger With the US and global economy poised to slow down in 2019, the research unit of strategy firm Boston Consulting Group – the BCG Henderson Institute – has released some tips to help organizations bet
30 January 2019
United Kingdom

Advisors earned 153 million from Irish banking crisis Between 2008 and the 2014 external advisors, lawyers and consultants supporting the Irish banking crisis racked in €152.7 million in fees.
13 October 2015
United Kingdom

Boston Consulting Group: Banks in the Middle East flourish While European banks are going through some of the toughest times in history, Middle East banks are flourishing. Banks in the Middle East realized a 6.9 % increase in average revenues and an 8.
28 May 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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