Toonz Animation, the flagship division of leading content company Toonz Entertainment, has signed a major deal with Gummybear International Inc.

As part of the deal, Singh will also participate in a series of marketing initiatives to strengthen JBL's dominance in the country.

The total outstanding amount, according to the agency, is approximately Rs 3695 crores. The agency had sealed the office and house of Vikram Kothari’s residence, in New Delhi.

Rotomac violated FEMA rules and worked for interest rate differential in local and foreign currency in the guise of trade without having any genuine business transactions.

Readers have placed online orders and bookstores are keeping a track of each order and are hoping to cater to every such customer once the situation gets better.

The Rs.13000 crore domestic bed linen market is expected to be more than Rs 19,000 cr market by 2021 and there is a scope for us to explore the domestic market at this point in time.

Kohler would enhance its sales network in the domestic markets by having presence in 200 towns in next three years and become a 1,000 store company in next five years.

As part of this association, "Parryware sanitaryware and faucets will be used for all Patanjali's upcoming projects across India," the company said in a statement.

The company is present in built-in kitchen appliances and claims to be the number three brand in the country.

The company, which aspires to be a global brand in the segment, is in the process of opening 15 exclusive brand showroom 'Jaquar world' across the globe.

"Some part of Kurl-on's business did get cannibalized with the opening of IKEA's first store in Hyderabad, but it is not a cause of worry," Sudhakar Pai, Chairman and MD, Kurl-on says.

Kalra was earlier associated with HSIL as Senior Vice President – Sales. Prior to joining HSIL, Kalra has held leadership positions at Sintex Industries, Somany Ceramics, and Pidlite Industries.

Having suffered an unprecedented sales decline of 6-7 per cent in 2019-20, the industry will be up against challenges in both supply and demand sides due to the coronavirus pandemic, Panasonic India and South Asia President and CEO Manish Sharma said.

​​Individually, each brand is seeking more clarity and approval on the guidelines. The guidelines say that we would have to open in a phased manner. All brands are gearing up to open up, wherever, it will be permitted," CEAMA President Kamal Nandi said.

Most consumer durables companies in India rely on imported components. Poor input supplies since January and later closure of factories, malls, shops and offices due to the lockdown hit consumer demand badly.

"Sales and profits of set products business, including smartphones and TVs, are expected to decline significantly as COVID-19 affects demand and leads to store and plant closures globally," Samsung said in a statement.

Lee Jae-yong is vice-chairman of Samsung Electronics and was jailed for five years in 2017 for bribery, embezzlement and other offences in connection with the scandal that brought down South Korean president Park Geun-hye.

The business of fine writing instruments is growing in tandem with other luxury segments in Koramangala and its surroundings.

At Myntra, Kamal was heading different verticals including logistics, operations excellence and the training function, where he built the in-house logistics team and scaled it to include more than 3500 people, spread across 80 plus towns and delivering over 100,000 packets a day.

With about a million products available on its website, Tolexo is among the largest B2B ecommerce sites in the country, serving 2.5 lakh businesses.

India’s largest maker of writing & printing paper has been in talks with Nine Dragons for some time now. Discussions are likely to lead to a binding agreement soon, sources said.

While the financial terms of the acquisition, which was completed last month, were not shared, sources privy to the developments said the deal valued Print Bazaar at Rs 8-10 crore.

With 167 stores across 18 countries, Hamleys gives Reliance Retail a much-needed global footprint.

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

Rohan Mathur, senior regional sales manager - South Asia for The Lego Group spoke to ET about the toy industry, company’s India plans and its recent event in Delhi engaging the Indian government to prioritise play.

Pestering by children and parental guilt has helped the toy industry grow to $1.5 billion in the past few years.

It has hired Sumeet Yadav, former CEO of South African restaurant chain Nando’s in India, to head Hamleys, according to two people aware of the development.

Most consumers tend to go bargain hunting online. For a large part of 2019, luxury mall managers reported that sales were lacklustre. Luxury goods websites, however, managed to buck the trend because of 20-50% lower costs on their sites. But at the moment, watch companies do not seem to be finding too many takers in tier-2 and 3 towns.

The company has also held discussions with Cupertino based tech giant Apple for what could be the iPhone maker’s second flagship store in the country to be located at Aerocity near IGI Airport, sources said.

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

Wise fashionistas merely store rather than discard, waiting for the tide to inevitably turn.

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

The 280 billion euros ($320 billion) per year global luxury goods sector, already reeling from months of protests in the shopping hub of Hong Kong, was dealt a hammer blow earlier this year by the coronavirus outbreak in mainland China.

Twelve tons of the gel will be produced as soon as this week.

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

At its star Gucci label, which powers most of its profits, like-for-like sales were down 23.2% in the period, contrasting with a less pronounced 13.8% drop-off at Kering's Saint Laurent brand.

The coronavirus crisis is expected to lead to a spate of mergers and acquisitions of weakened brands, the closure of single-brand stores and reshaping of already suffering U.S. department stores, D'Arpizio said. Customers are also likely to emerge from global lockdowns with a new set of priorities.

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

Customers can purchase the precious metal from two grams upwards following which a gold ownership certificate would be sent to them on the day of Akshaya Tritiya based on the customer recommended platforms.

On Thursday, gold futures for June on MCX closed at Rs 46,352/10gm. So, in about one and a half years, gold prices in India could gain about 75%. In the international market, gold is currently trading at about $1,750 level.

"As we started getting a lot of enquires from our regular customers, we have started taking Akshay Tritiya bookings online from 21st April onwards on our e-commerce platforms. The same will be delivered to the customers post lockdown ends," Aditya Pethe, director, WHP Jewellers said.

Mr. Ajoy Chawla, CEO, Jewellery Division at Titan Company Limited said, "All 328 Tanishq stores remain shut this year and hence it would be unfair to compare numbers with last year. But the overall customer response to tanishq.co.in from key metros and even with tier-2 and tier-3 towns has been extremely encouraging.

The 49-year-old, who has been lodged at Wandsworth Prison in south-west London since his arrest last year, appeared before a UK court via videolink.

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.

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

According to the World Gold Council's (WGC) Q1 Gold Demand Trends report, in terms of value India's the first quarter gold demand fell 20 per cent to Rs 37,580 crore, compared to Rs 47,000 crore in the same period of 2019.

On March 24, the company had decided to temporarily close its manufacturing operations at the two units with immediate effect till further notice following announcement of nationwide lockdown to curb spread of coronavirus pandemic.

Once markets are reopened, the industry would also be braving a changing consumer spending behavior and capacity. There could be a major lag before sales begin to pick up. Fashion as a commodity is also perishable. It may be very difficult to sell the loaded inventories in warehouses, and heavy discounts would not be an attractive option at a time of slim profit margins.

The outbreak has forced the world's second-biggest fashion retailer to temporarily close stores in more than a dozen markets, including all its shops in Italy.

Next said store sales plunged 52% in the 13 weeks to April 25, its fiscal first quarter, while online sales were down 32%.