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Myntra & Jabong partner Hamleys, Funskool and others

Myntra has launched toys from the stables of Hot wheels, Funskool, Lego, Barbie and Simba on its platform.




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Bharti Realty talks to French chain Lafayette for 1st store

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.




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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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Top French fashion brands start making free masks

Dior, which is also owned by LVMH, the world's biggest luxury goods group, has been making masks since the end of last month for hospital staff.




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Gucci sales hit hard by start of virus outbreak in China

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.




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Covid-19 Impact: Titan reworks omnichannel directive for its jewellery wing to gain recovery in third quarter

We foresee a deferred demand. Most of the weddings in Q1 got pushed to Q3 or Q4 due to the lockdown. People may spend less money on destination weddings, clothes and other events around it. But we expect investment in jewellery for weddings, said Ajoy Chawla, CEO of Titan’s jewellery division.




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Jewellers may be staring at a 94% plunge in gold demand this Akshaya Tritiya

GJC chairman Anantha Padmanabhan said, “There may be some token booking for gold by individuals for amounts like Rs 5,000 or so. But there will be no big investments in gold as all the shops are closed. The drop in demand will be around 94%.”




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Diamond polishing industry staring at a decade low revenue : Crisil

Assuming the pandemic starts subsiding by June and trade channels normalise over the next quarter, CRISIL expects a revival in demand to be pushed into the second half of the fiscal.




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Gold demand falls 36% in January-March due to volatile prices, economic uncertainties: WGC

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.




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Khazana Jewellery to contribute ₹10 crore towards fighting the COVID-19 pandemic

Brand Content Initiative




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In times of Covid, diamond jobs are not forever

India, the world’s largest diamond polishing hub that employs over one million people, is likely to see a staggering 50% job loss. Diamond merchants are struggling to manage their inventories or pay salaries to their craftsmen. Knock-on effects are being felt by one million more workers employed in the gems and jewellery industry.




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Welspun India resumes partial ops at manufacturing facilities in Gujarat

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.




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Garment exporters' body expresses inability to pay workers' pay for April, May

The body has appealed to Prime Minister Narendra Modi and state chief ministers to facilitate payement of wages to workers for these two months. GEMA president Vijay Jindal also sought intervention of Textile Minister Smriti Irani and Finance Minister Nirmala Sitharaman in the matter.




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Lockdown hit fashion retail should rely on survival instincts & gear-up for the new normal

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.




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Pepe Jeans, Tom Ford & Max Mara are least transparent fashion brands, likely to have poor working conditions in factories

The annual index by advocacy group Fashion Revolution - now in its fifth year - ranked 250 of the world's biggest brands according to how much information they disclose about their social and environmental policies, practices and outcomes.




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Apparel exporters seek complete waiver of demurrage on shipments

In a letter to Civil Aviation Minister Hardeep Singh Puri, he said the council members could not clear the shipments on time because of lack of documents, "therefore, demurrage waiver may please be granted starting from March 1 till the time lockdown continues".




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Bangladesh garment factories reopen, defying virus lockdown

"We have to accept coronavirus as part of life. If we don't open factories, there will be economic crisis," said Bangladesh Knitwear Manufacturers and Exporters Association vice president Mohammad Hatem.




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Noida: No orders for next 2 years, say garment exporters

According to exporters, payments of previous dispatches are also withheld by importers in the UK and Europe. These exporters employ about 50,000 people, and 60% of them are women engaged in tailoring, thread-cutting and other hands-on work.




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British retailer Next says quarterly sales plunge 41%

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




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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.




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Macy's delays first-quarter results to July 1, citing COVID-19 disruption

Macy's, like many retailers, has had to close its stores, furlough employees, suspend dividend and tap into credit facilities to survive the financial hit caused by the lockdowns.




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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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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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Andy Warhol, Apple (from Ads)

The relationship between Andy Warhol and personal computers (becoming quite popular during his last years) has been only partially investigated beyond his Amiga works. In November 2015, Sotheby’s sold his “Apple (from Ads)” (acrylic and silkscreen ink on canvas) for




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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




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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




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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.




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Mahindra Retail to bring US brand Carter's to BabyOye chain

"We are moving more towards omni-channel, and the drive is well underway. Within the next year we will complete the transition," he added.




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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.




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DLF brands may soon shut down Kidskart.com

Timmy Sarna, CEO at DLF Brands, said the company has made Kidskart dormant since it wants to focus on brick and mortar retail which is the key focus area.




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Kidswear brands are on a roll in India, but will the phase last?

Malaysian kidswear brand Poney is waxing optimistic about India. But will it and other brands in the space succeed where so many have failed before?




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Kids Around to bring DKNY Kids brand in India

In the past five years there have been a lot of changes in the mentioned segment including preference for branded kids’ apparel.




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Kidswear company '612 League' to raise Rs 100 crore, eyes top slot

612 League sells its products through 48 EBOs and 450 points of sales across the country. "We will also increase our points of sales to 800 in 4 years," he said.




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Toonz Retail sets to start 10 new stores, considering 5 cr investments

Toonz is also launching new collection of its home brand Wowmom, Superyoung and Superyoung Celebration.




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Toonz Retail targets Rs 100 crore turnover by FY19

which are high on potential and aspirations.From mix point of.




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Voonik forays into kids wear segment

Fashion e-commerce platform Voonik on Monday announced its foray into kids wear segment.




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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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Retailers join party as baby fashion grows out of infancy

Traditionally in India, baby garments like rompers, dresses, and inner-wear were purchased from small stores while branded garments were bought by the wealthy.




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SoftBank commits $400 million for babycare co FirstCry

The company, one of the largest in its space, sells just about everything a child and a new mother needs - apparel, footwear, toys, books, feeding & nursing products, soaps, oils, powders, baby monitors, strollers and baby bedding.




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E-commerce may take time to steady cart

Until late Sunday, only a handful of states including UP, Maharashtra, Rajasthan, Karnataka, Tamil Nadu, Gujarat, Odisha, Delhi and Uttarakhand issued notifications on the lines of MHA’s Friday order.




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Amazon, Flipkart to increase warehouses

Amazon’s India unit has contracted 2 million sq ft while Walmart-backed Flipkart has contracted 1 million sq ft across Bengaluru, Mumbai Metropolitan Region, Hyderabad, Pune, Ahmedabad, Lucknow and Coimbatore, said multiple persons aware of the development.




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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.




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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.




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Flipkart appoints Sriram Venkataraman as CFO

In his new role, Venkataraman will be responsible for key finance operations and functions at Flipkart and Myntra, including Tax, Risk Management, and Treasury.




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Amazon worker at New York warehouse dies of Covid-19

Amazon has become a lifeline for consumers facing lockdowns and restrictions around the world, and the company is in the process of adding some 175,000 new employees to cope with the surging demand. But the company has also faced protests from warehouse workers and activists who claim Amazon has failed to do enough to keep them safe.




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Lockdown 3.0: Mobile phones, gas stoves, trimmers see spike in searches on Flipkart

The Walmart-owned company said it had seen an increase in searches for consumer electronic products, including personal grooming equipment such as trimmers.




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O2 Spa acquires Zazen as part of its expansion drive

With this acquisition, a total of 18 outlets will become a part of O2 Spa and would be known as Zazen Spa from the house of O2 Spa.




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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).




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Nivea maker warns of margin threat as niche brands disrupt industry

"The consumer goods industry... is in turmoil," new Beiersdorf CEO Stefan De Loecker, who took over on Jan. 1, told a presentation to analysts. "I need to act now."