al

Textile players to witness substantial fall in topline, operating profits: India Ratings

The continued lockdown in April 2020 (from late March) has impacted the entire textile industry and disrupted exports, Ind-Ra said in a report.




al

J. Crew files for bankruptcy as preppy retailer succumbs to COVID-19 fallout

The New York-based chain, known for preppy clothing at times worn by former first lady Michelle Obama, filed for bankruptcy in a Virginia federal court with an agreement to eliminate its roughly $1.65 billion of debt in exchange for ceding ownership to creditors.




al

Global fashion brands tap India for face masks

International brands have begun sharing prototypes of fashion masks in cotton and blends with Indian suppliers who are awaiting a nod from the Centre to export non-surgical masks.




al

H&M's sales tumble, stockpiles grow in March to May

H&M warned on April 3 it would make its first quarterly loss in many decades in March-May, its fiscal second quarter.




al

Covid-19 Impact: Stylish face mask is the new focal accessory of India’s top fashion brands

Several apparel makers and fast-moving consumer goods companies had earlier stepped up to produce medical-grade masks as a philanthropic act when Covid-19 struck but now it is apparent that the pandemic is set to alter lifestyles for at least some time to come.




al

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




al

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.

 




al

YesNo, aural and clickable enjoyment

YesNo by Timo Kahlen feels like “traditional” net art, a well crafted stuck webpage for the user’s aural and clickable enjoyment.

 




al

ASCII-graffiti, referential public art

Isn’t ASCII Art a perfect form of “graffiti” in 2010s? The 8-bit aesthetics is among the strongest visual references connecting the analogue recent past with the omni-digital present, so why not adopt it to finally have some public art embedded




al

Mechanical Techno, machine music declinations

The value of craft after software sounds rampant sometimes, expressing the freedom of escaping repetitive taps and clicks to accomplish some assumed tasks. Mixing media, electricity, electronics, mechanics and inert objects Graham Dunning has realised a structured track/performance/open script in




al

Clarke Blackham – Unknown Restyle Of Neural

Sometimes the online world reveals unsuspected parallel dimensions. This is an unknown restyle of Neural independently (and secretly as we never knew about it) made by NY-based Motion and Graphic Designer, Clarke Blackham. Very nicely made, perhaps only a bit




al

Unicharm, maker of Mamy Poko pants, posts 85% jump in sales at Rs 789 crore

The Indian unit of Unicharm Corporation has moved within striking distance of market leader Procter & Gamble in the Indian diaper market.




al

Kidswear brand Toonz Retail looks at Gulf for international expansion

Omni-channel kids wear retailer Toonz Retail India has announced a partnership with Tariq Albassami Group for entering the Gulf Cooperation Council region.




al

Firstcry to use analytics to boost offline sales

The company has designed a new system in collaboration with Microsoft to understand customer shopping behaviour, likening it to using Google-like analytics offline.




al

Grofers is in talks to raise $60-70 million

The funding comes at a time when the company’s sales and margins have doubled, compared to the same period last year.




al

Alexa, report to the e-commerce regulator

​​​The intention is to bring all B2B, B2C, consumer-facing, consumer-based content platforms, apps-based commerce and IoT device-based services under the policy, potentially engulfing products like the Amazon Echo, which is powered by artificial intelligence-driven virtual assistant Alexa, and MG Hector, the Internet-enabled vehicle from Morris Garages in the regulatory realm of e-commerce.




al

E-commerce firms seek clarity on equalisation levy

They also suggested that the levy should not be imposed on services or goods that are executed online but delivered offline – for instance, online hotel bookings, air ticketing and even heavily regulated financial services – besides seeking a clear definition of what comprises online sale of goods, services and the digital or electronic platform.




al

Lockdown 3.0: People place orders online for non-essential items; staff crunch may delay deliveries

E-commerce companies have been permitted to sell all items in Orange and Green Zones starting from Monday, the first day of the third phase of the nationwide lockdown that began on March 25.




al

Flipkart group CFO Emily McNeal quits

Sources in the company said, McNeal’s role will now be divided between Sriram Venkataraman, who is expected to take over as the CFO of Flipkart as well as the fashion etailer Myntra, and Adarsh Nahata who is currently PhonePe’s CFO.




al

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.




al

COVID-19: Amazon to deliver essential items in containment zones in Mumbai

Under the initiative, Amazon will deliver orders to a designated delivery point in the vicinity of the containment zone, from where volunteers will further deliver the packages to customers' doorstep, the company said in a statement.




al

Health and wellness the new luxury?

Aware of the changes in customer preferences, hotels, resorts and online platforms are working to cater to the demand for healthier diets and rejuvenation treatments.




al

L'Oreal India enhances maternity leave to 26 weeks

To help new mothers ease back into work, they can also avail of reduced work hours for two continuous weeks immediately after resuming work.




al

Twinkle Khanna to endorse salon hair brand L'Oreal Professionnel for India

The announcement was made at the L'Oreal Professionnel Indian Hairdressing Awards, held in Bambolim on Wednesday.




al

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.




al

VLCC acquires nutraceutical maker Wellscience

LCC is now further extending its presence in the high-growth Fast Moving Healthcare Goods (FMHG) segment, with its foray into the nutraceuticals and cosmeceuticals segment.




al

VLCC to enter Saudi market, forges alliance with Cigalah

The plan is to launch six such centres in Saudi Arabia in the next 3 years with an estimated investment of over AED (Arab Emirates Dirham) 30 million (around Rs 52 crore).




al

Truefitt & Hill to take India tally to 17 by 2017-end

World’s oldest barber shop Truefitt and Hill is keen to take its India tally to 17 by the end of this year.




al

CADD Centre takes over Naturals day-to-day ops

With 600 Naturals outlets, Groom India today owns the country’s largest beauty and wellness chain.




al

WestBridge buys 65% stake in salon chain Enrich

Enrich founder & director Vikram Bhatt said for the year ending March 31, 2018, the salon chain clocked Rs161crore in revenues and Rs 16.5 crore of positive ebitda.




al

L’Oréal India appoints Amit Jain as new MD

Jain, who will join from August this year, will be L’Oréal India’s first Indian managing director after the French cosmetics giant entered in 1991.




al

Nykaa raises Rs 75 crore as valuation touches Rs 3,000 crore

This is the fourth round of fund-raising by Nykaa, which last raised about Rs 100 crore in 2016 from Max India, the Sunil Munjal family office and Harsh Mariwala.




al

VLCC to open 50 institutes in India; plans to go international

With the opening of more institutes, VLCC is eyeing a 35 per cent year on year revenue growth. In FY 2018, it had a turnover of Rs 55 crore for the skilled business.




al

Believe in the business to stay ahead of the curve: Falguni Nayar, Nykaa

"The journey actually began in June when we did well due to marketing, though we were actually not ready operationally."




al

Personal care startup MCaffeine raises $500,000 in pre-Series A round

The latest round of funding was led by the startup’s existing backer Harminder Sahni, founder of consultancy firm Wazir Advisors, Lets Ventures’ Mohit Bajaj and Calcutta Angels.




al

India's domestic male grooming market to reach new high by next year

Even though that is the small fraction of the $33 -billion revenue the market generate globally, it also means there is tremendous scope for growth for India.




al

Beauty & wellness business has market potential of Rs 80,000 crore in India: Skills development minister

“India would need more than 70 lakh skilled manpower in coming months in this sector due to unleashing of economy,” Mahendra Nath Pandey said.




al

Molton Brown plans to enter India's hospitality sector next fiscal

The company, which plans to open 15 stores across India over the next five years, at present has one store in India. It entered India in June this year.




al

Steadview funding values Nykaa at $1.2bn

The funding includes the sale of shares by some existing investors and employees of Nykaa, which has been done at a discount to the $1.2-billion valuation. The latest round comes about a year after the company raised $15 million from TPG Growth, which had valued it at $724 million.




al

L'Oreal donates 60,000 litres of hand sanitizers to aid coronavirus fight

L'Oreal India's operations team will donate hand sanitisers to public health institutions, police forces and NGOs, who are at the forefront of the fight against the virus, said a statement.




al

Steadview Capital invests Rs 67 crore more in Nykaa

The capital infusion comes at a time when risk capital investment activity has almost ground to a halt because of the spread of the Covid-19 pandemic, which, in turn, has forced vertical ecommerce companies such as Nykaa to conserve cash, given the steep plunge in discretionary spending by consumers.




al

AVA Group targets Rs 500 crore sales turnover in FY20

The company, celebrating its 50th anniversary, has lined up a string of new products for the future.




al

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.




al

Government bans export of sanitisers, all types of ventilators

“The export of all ventilators including any artificial respiratory apparatus or oxygen therapy apparatus or any other breathing appliance/devices... is prohibited with immediate effect,” the the Directorate General of Foreign Trade (DGFT) said in a notification.




al

Hand sanitizers vanish the shelf again, 50% couldn't find it: LocalCircles survey

“50% of those surveyed said they were not able to buy at all due to no availability while 26% said they had to buy an unknown brand as reputed brands were out of stock. 8% said they were able to buy reputed sanitizers at a general retail store and 15% said they were able to buy reputed brand sanitizers at a chemist,” LocalCircle survey said.




al

Covid lockdown: Buying from home leads to surge in e-pharmacy sales

While most brick-and-mortar pharmacies continue to function amid the countrywide lockdown to contain the pandemic, many consumers have switched to buying medicines online for fear of getting infected by the novel coronavirus, industry insiders said.




al

CureFit hires senior executives from Flipkart, Walmart, InMobi

The startup, backed by Ratan Tata's investment platform RNT Capital, confirmed his appointment.




al

‘Talwalkars to be Snap Fitness franchisees in 6 Asian countries outside India’

The affordable gyms under Talwalkar-Snap Fitness tieup to open first in Singapore and Malaysia.




al

VLCC to open 6 outlets in Saudi Arabia; ties up with Cigalah

VLCC currently operates 20 centres across UAE, Oman, Bahrain, Qatar and Kuwait.




al

Talwalkars partners Mickey Mehta

This partnership will leverage Talwalkars' infrastructure to promote Mehta's wellness offerings and intellectual property and also help expand the footprint of Mehta's brand.