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Reliance acquires British toy-maker Hamleys for undisclosed sum

Reliance Retail’s marquee label operator Reliance Brands is the India master franchisee for Hamleys, which reputedly has its origins in the world’s oldest toy store in London that was opened in 1881.




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AR educational toymaker PlayShifu lands $7M funding led by Chiratae, Inventus & Bharat Innovation Fund

The startup plans to use the funds raised to focus on building unique phygital interactions, new product developments and expand its retail presence from 15 countries to more than 30 countries




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Hanung Toys promoter detained at airport following LOC issued by PNB

Hanung Toys and Textile Ltd owes Rs 2,300 crore from a consortium of 15 lenders led by state-owned PNB, which alone has exposure of Rs 599 crore.




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Fendi unveils world's first fragrance-infused handbags

'Leathery and musky' is how the brand describes it and claims that the scent will stay for as long as four years. Each bag comes with a complimentary miniature bottle of FendiFrenesia, which can be used to refresh the bag's scent and can be worn as a traditional perfume.




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Hermes India sees a 55% jump in profit, Dior still deep in the red

Hermes India had recorded a net profit of Rs 12.1 crore the year before. Revenue from operations rose 11% from the previous year’s Rs 98.8 crore on a standalone basis, according to its filings with the Registrar of Companies (RoC).




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Prada picks Bengaluru-based BigThinx for its fashion tech accelerator programme

BigThinx’s neural networks create a personalised 3D virtual avatar from 2D images for fashion brands and their customers.




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Good Earth, Anita Lal-founded family-owned luxury home decor company, credits focus on Indianness for its success

Good Earth is now a prominent go-to destination for home decor enthusiasts and interior designers alike as it offers something for everyone.




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Armani to make single use medical overalls at all its Italian factories

Giorgio Armani has donated 2 million euros in recent weeks to hospitals around Italy.




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Indian gold demand could hit 3-decade low as lockdown hits festivals, weddings

The drop in consumption by the world's second-biggest gold buyer could limit a rally in global prices.




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Four-flanked pressure for gold jewellery retailers

The revenue growth of organised gold jewellery retailers could halve to 5-6% (compound annual growth rate) in the current and next fiscals, compared with 12% in the preceding three fiscals, a CRISIL study of 44 such retailers it rates shows.




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Covid-19 outbreak ahead of Akshaya Tritiya is credit negative for gold jewellery retail industry: ICRA

The lockdown has resulted in closure of retail stores across the country. Apart from this, there have been supply chain disruptions with restriction on movement of non-essential goods. While jewellery buying is generally spread throughout the year, it peaks during periods of Akshaya Tritiya, wedding and festival seasons as buying gold is considered culturally auspicious.




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Rough diamond import may be curtailed as pandemic stalls trade

India’s gross import of rough diamonds had declined by 13.43% to $12.39 billion between April 2019 and February 2020 from a year earlier.




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Global gold demand sees modest growth in Q1 on lockdown-led disruptions: WGC

World's gold demand during the first quarter of 2019 stood at 1070.8 tonne, according to WGC's Q1 Gold Demand Trends report.




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Surat may lose cutting edge in diamond trade

Diamond trade at Surat has come to a halt because of the lockdown. Many workers have also left.




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Tanishq announces to open its 328 stores across the country in a phased manner

The company will continue to strictly comply with all government rules while reopening and running operations at the store. The company plans to reopen first 50 stores by 10th May, 2020.




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Amid lockdown, fashion firms work overtime to keep customers engaged

Online retailers such as Myntra and Tjori have their consumer engagement teams working on to engage their customers till the time the lockdown eases. Others such as fashion brand Anita Dongre are brainstorming changes in consumer behaviour and how to keep them engaged online till the time stores become fully operational.




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Kickended, the competitive aesthetics of failure

Kickended by Silvio Lorusso is online database artwork archiving the Kickstarted campaigns that got not even a single penny. This competitive aesthetics of failure has been able to attract the attention of major national newspapers (from the British “The Guardian”




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Prince Harvey secretly recorded an entire album in Apple Store SoHo in four months

Rapper Prince Harvey, after his computer crashed and his external drive was stolen, managed to record an entire album in Apple Store SoHo in four months, befriending employees, hiding files and using USB sticks and mail. as support. Abbie Hoffman




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A huge eye-shaped screen scanning people in front of Birmingham railway station

Minority Report comes closer… Three huge screens at Birmingham New Street railway station are scanning passers-by and play advertisements accordingly. http://www.birminghammail.co.uk/news/midlands-news/new-street-station-advertising-screens-9920400

 




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Harsh Noise Wally, sophisticated mashup of comic strip and noise music

Harsh Noise Wally, is a sophisticated mashup mixing strips of Wally, the lazy and cynic colleague of Dilbert with some epic noise music extreme attitudes. Well conceived and assembled.

 




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EY may pay Bain $35m to settle Lilliput's inflated fin data claim

The 2014 lawsuit alleged that EY's auditing facilitated an accounting fraud and sought damages from the consulting giant.




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CBI books Delhi-based kidswear retailer for Rs 20 crore fraud

It is alleged that the company and its officials fabricated balance sheets to avail a loan which was not repaid to the bank, they said.




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Covid-19 crisis has highlighted e-commerce importance,cooperation in cross-border goods, services movement: WTO

Highlighting that network capacity and higher bandwidth services have proved to be crucial, not only during the pandemic itself, but also for e-commerce and economic inclusion in general, it said in an information note: “What can WTO members do to improve communications networks and services?”




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Non essential e-commerce in the red even in green & orange zones

As per estimates by Forrester Research, regions in Green and Orange zones accounted for 30-35% sales of ecommerce firms prior to the lockdown.




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Provide level playing field to e-commerce companies in red zone: IAMAI

The Centre, in its revised guidelines on May 1, had allowed “standalone shops” to operate in the red zones, while it restricted operations of e-commerce companies to sale of essential items only.




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Ecommerce: Covid-19 highlights the urgent need to digitise the supply chain

Companies need to come up with strategies to keep the lights on, both by keeping control on the cash burn as well as generating revenue in these difficult times.




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VLCC names Syed Safawi as its new MD

Before Viom Networks, Syed, who studied at Wharton, US, had worked with Reliance Communications, Bharti Airtel and Coca-Cola.




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VLCC to raise funds for expansion: Syed Safawi

The business is split in three verticals, services, products and skilling. The services which include slimming and diet planning is the oldest and most known.




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Jawed Habib's plans to fan out to Indian towns, metro cities

, Jawed Habib and Jawed Habib Express, across India's small and big towns, besides metro cities, Jawed Habib said.




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Salon chain Be U Salons raises Rs 4 cr in seed funding

The chain which currently has 20 outlets operating across Delhi-NCR aims to open over 100 outlets in financial year 2017 across multiple cities in India.




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How Nykaa has changed the way beauty products are added to the cart in India

It was a trend investment banker Falguni Nayar was betting on when set up Nykaa to sell everything in the cosmetic and wellness category. Today she has around 750 professionals across different divisions.




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Coronavirus: Nivea India starts manufacturing hand sanitisers; to be distributed 'free of cost'

The company said its plant at Sanand in Gujarat which originally manufactures skincare products for the India market has begun production of alcohol-based hand sanitisers, and it will be shifting part of its production towards the making of sanitisers at the plant.




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Prices of alcohols used in making hand sanitizers capped under Essential Commodities Act

The decision would empower the central government and states/union territories to regulate prices, production, sale, distribution, transport, movement, storage, information of alcohols used in manufacturing hand sanitizers, used as preventive measure to avoid infection from COVID-19, Ministry of Consumer Affairs said in a statement.




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Reliance plans to buy e-pharmacy Netmeds

The conversations between Reliance and Netmeds, which had also held talks with Walmart-owned Flipkart, had been going on before the coronavirus lockdown, sources said.




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SJM’s Ashwani Mahajan raises concern over foreign funded e-pharmacies

SJM national co-convenor Ashwani Mahajan tweeted on this issue, tagging Prime Minister Narendra Modi, to flag his concern. . Mahajan had shared screenshots that said Aarogya Setu now brings to you online medical consultations (call and video), home lab tests and e-pharmacy.




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Adidas unveils smartwatch miCoach Smart Run priced at Rs 24999

The smartwatch, which will be available exclusively on Adidas website, will also allow runners to track their runs using GPS mapping.




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Mahesh Bhupathi backed Sports365.in to raise up to Rs 53 crore

Sports365 plans to use the funds to build technological capacities, launch its own private label and increase manpower.




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Nike's incredible road to becoming the world's dominant sneaker retailer

Nike is the dominant athletic apparel brand in the world, with $30 billion in annual revenue.But it wasn't always that way.Here's a look at Nike's history.




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Yuvraj Singh promoted YouWeCan invests in brand licensing company Black White Orange

Cricketer Yuvraj Singh promoted investment fund YouWeCan Ventures has invested in Mumbai-based brand licensing start-up Black White Orange Brands for an undisclosed amount.




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Consignments of sports goods from Pakistan unclaimed at the border post after high import duty

With 200% duty, Indian importers aren’t taking delivery of sports goods and other consignments.




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We've had our freedoms stripped: give us something to hope for

THE brainless idiot scumbags who did this must be caught as soon as and thrown in jail for a very long time (Popular West End restaurant trashed by vandals in overnight raid, Glasgow Times online).




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Cyclists already think pavements are fair game - we don't need lanes

INTERESTING to hear that the level of traffic is steadily increasing despite the restrictions.




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Letters: Fury over 'scandal' of dumped coronavirus masks and gloves

IT’S a scandal! (South Side residents rage as dirty masks and gloves dumped in street, Glasgow Times online).




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How The Nature Of The Music Industry Has Changed During The Pandemic

Copyright 2020 NPR. To see more, visit https://www.npr.org.




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What Recent College Graduates Are Going Through During The Pandemic, Continued

NPR's education reporter talks about what graduating seniors are going through right now as the colleges are closed due to the pandemic and answers their questions.




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Roy Horn Of Siegfried and Roy Dies of COVID-19 At Age 75

Magician and animal trainer Roy Horn, of the legendary Las Vegas duo Siegfied and Roy, died Friday from complications related to COVID-19. Horn tested positive last week. He was 75. "The world has lost one of the greats of magic, but I have lost my best friend," Siegfried Fischbacher said of his partner in a statement. "Roy was a fighter his whole life including during these final days. I give my heartfelt appreciation to the team of doctors, nurses and staff at Mountain View Hospital who worked heroically against this insidious virus that ultimately took Roy's life." Roy Horn was born in Germany in 1944. He and Siegfried began their act in Las Vegas in 1967. In 1989 they began a 14-year run at the Mirage Resort performing illusions with exotic animals, making tigers, lions, even elephants vanish and reappear. In October of 2003, Roy Horn was performing with a 400-pound white tiger named Mantecore when the great cat grabbed him by the throat before a stunned audience and dragged him




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Reopening After COVID: The 3 Phases Recommended By The White House

President Trump wants states to begin relaxing stay-at-home orders and reopen businesses after the spread of the coronavirus pummeled the global economy and killed millions of jobs. The White House coronavirus task force released guidelines on April 16 to encourage state governors to adopt a phased approach to lifting restrictions across the country. Some states have moved ahead without meeting the criteria . The task force rejected a set of additional detailed draft recommendations for schools, restaurants, churches and mass transit systems from the Centers for Disease Control and Prevention that it considered " overly prescriptive ." A number of states have already begun to lift restrictions, allowing for businesses including hair salons, diners and tattoo parlors to once again begin accepting customers. Health experts have warned that reopening too quickly could result in a potential rebound in cases. States are supposed to wait to begin lifting any restrictions until they have a 14




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Chief Medical Officer's Handling Of Coronavirus Inspires Alaskans To #ThinkLikeZink

As the COVID-19 pandemic began to pick up in Alaska, Dr. Anne Zink, the state's chief medical officer, faced a difficult choice. Should she continue in-person meetings and nightly briefings with Republican Gov. Mike Dunleavy? Or should she opt for a more socially distant form of engagement? Zink chose the latter, saying she wanted to model the behavior that she has been appealing to residents to follow. She now appears at Dunleavy's briefings by video. And over the past two months, she has become a trusted voice as she urges Alaskans to follow the strict social distancing and other public health guidelines adopted by the state administration — which doctors groups have credited with keeping the state's COVID-19 numbers among the lowest in the country. Zink, who has a Facebook fan club and a #ThinkLikeZink hashtag , isn't the only public health official to acquire a cultlike following during the pandemic: Dr. Anthony Fauci, the federal infectious disease expert, has inspired a Saturday




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Week In Sports: Competitive Cornhole To Air On ESPN, NASCAR Slated To Return

Copyright 2020 NPR. To see more, visit https://www.npr.org.




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Opinion: Endangered Bird Couple Returns To Chicago's Shore

Monty and Rose met last year on a beach on the north side of Chicago. Their attraction was intense, immediate, and you might say, fruitful. Somewhere between the roll of lake waves and the shimmer of skyscrapers overlooking the beach, Monty and Rose fledged two chicks. They protected their offspring through formative times. But then, in fulfillment of nature's plan, they parted ways, and left the chicks to make their own ways in the world. Monty and Rose are piping plovers, an endangered species of bird of which there may only be 6,000 or 7,000 in the world, including Monty, Rose and their chicks. They were the first piping plovers to nest in Chicago in more than 60 years. After their chicks fledged, they drifted apart. Rose went off to Florida for the winter, and Monty made his way to the Texas coast. They'd always have the North Side, but were each on their own in a huge, fraught world. And then, just a few days ago, Monty and Rose were sighted again, on the same patch of sand on