j

CBI court rejects bail plea of Rotomac owner Vikram Kothari

The court considered the facts and found that he was not entitled for interim bail on the said grounds.




j

Parryware to supply bathroom products for Patanjali projects

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.




j

Jaquar Group takes over Euro Ceramics Ltd’s sanitaryware plant

The company will spend about Rs 90 cr to expand and modernise the plant spread over 17 acres this fiscal, he said.




j

Jaquar aims to make lighting Rs 1,000 cr business in 2-3 yrs

The capex for FY'18 is about Rs 300 crore to expand lighting and bathroom fitting plants




j

Jaquar aims $1 bn turnover by 2022, to open 15 stores globally

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.




j

Kajaria Group ropes in Anushka Sharma to promote Kerovit brand

The Group has launched a marketing campaign including digital, outdoor, television and cinema to promote the brand, the company said in a statement.




j

Sanjay Kalra appointed as President of HSIL's Bath Products Business

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.




j

Lockdown to have huge impact on heavy appliances sector: Godrej

"The heavy appliances industry will be impacted by a significant loss of up to 60 per cent in March and almost 100 per cent in April. These two months put together contribute close to 25 per cent of the annual revenue," Godrej Appliances Business Head and EVP Kamal Nandi told.




j

Can Mukesh Ambani turn Hamleys into a titan or it'll just be a trophy buy?

Even with Reliance's considerable experience, turning a trophy into a titan isn’t a given.




j

World's top toymaker joins companies leaving China's factories

The world’s largest publicly traded toymaker, which has licenses for popular franchises such as “Frozen” and the “Avengers,” said US goods produced in China could drop to about 50% by the end of 2020, from just under two-thirds currently.




j

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.




j

Louis Vuitton India net profit jumps over 24% in FY19

According to documents recently filed with the registrar of companies (RoC), accessed through business information platform Tofler, LVMH, known for its iconic monogrammed bags, clothing, perfumes and leather goods reported an increase in profit after tax by Rs 3.19 crore.




j

Raf Simons joining Prada in full creative collaboration

Prada, who has been the creative force behind one of luxury's most successful brands for 30 years, said the new partnership did not signal an eventual succession.




j

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).




j

JLo handbags will now be available online in India

Ace Turtle’s ecommerce platform, which facilitates crossborder payments, supply chain, returns and customer support will help Jennifer Lopez reach out to millions of internet shoppers in these markets.




j

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.




j

Akshaya Tritiya: Kalyan Jewellers takes online route

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.




j

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.




j

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.




j

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%.”




j

Jewellers offer online sweeteners for Akshay Tritiya

Senco Gold & Diamonds is offering a discount on the gold rate. Sankar Sen, CMD of the Kolkata-based company, said the special Akshay Tritiya offer entails giving a discount of Rs 400 per gram on the gold rate during the offer period that runs from April 22-27.




j

Jewellers use digital platform, offer discount to sell gold this Akshaya Tritiya

"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.




j

Jewellers witness encouraging response from customers on their digital platforms for Akshaya Tritiya

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.




j

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.




j

Virus, high gold prices dent India’s Q1 jewellery demand by 41%: WGC

Jewellery demand in the world’s second largest consumer slumped 41% to 73.9 tonnes , thanks to a 25% jump in quarterly average price to Rs 36,874 per 10 gm (ex import duty and GST) and the fallout from Covid 19, the WGC latest global demand trends report shows.




j

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

Brand Content Initiative




j

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.




j

Episode 55: 20 Jazz Funk Greats

Datassette presents a series of mixes intended for listening while programming to aid concentration and increase productivity (also compatible with other activities).




j

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.




j

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.




j

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.




j

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.




j

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.

 




j

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.




j

Sistema forms joint venture to bring Russian kids' brand Concept Group to India

Concept Group, one of Russia’s leading fashion retailers, creates collections and sells women’s clothing, accessories as well as children’s wear through its own retail stores.




j

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.




j

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.




j

Nykaa joins party in men’s grooming

Nykaa currently offers a limited selection of products under men’s grooming on its main portal with the category being one of the fastest growing ones for the firm.




j

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.




j

VLCC ropes in Jayant Khosla, formerly with Landmark, as chief business officer ahead of IPO

Khosla’s mandate will be overseeing the firm’s wellness centres, personal care products and its institute of beauty and nutrition, across Middle East, Africa and CIS countries.




j

Cosmetics brand Flormar ties up with Rel Retail to begin India journey

Reliance Trends is the fashion and accessories arm of Reliance Retail.




j

Govt caps maximum retail price of 200ml hand sanitizer at Rs 100 till June

"The price cap has been imposed taking into account the sharp increase in prices of raw materials used in making of face masks and hand santizer," Paswan said.




j

Covid-19: After donating $1 million, Kylie Jenner teams up with cosmetics company to produce hand sanitisers

Kylie and Kris Jenner have teamed up with cosmetics company Coty to mass produce the hand sanitisers.




j

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.




j

Hero Cycles acquires majority stake in UK's Avocet Sports

Hero Cycles picked up majority stake in UK-based Avocet Sports to mark entry into high-end bicycle market in Europe for an undisclosed sum.




j

OP Munjal chairman Hero Cycles is no more

Om Prakash Munjal Chairman Hero Cycles died at the age of 86 at Ludhiana in the Hero Heart Institute of Dayanand Medical College and hospital on Thursday morning.




j

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.




j

Nike just stops batting for Indian cricketers

It has been learnt that the Oregon-based sportswear firm has not renewed contracts with Indian cricketers such as Ajinkya Rahane, R Ashwin and Ravindra Jadeja.




j

Anti-Vaccination Activists Join Stay-At-Home Order Protesters

Protests over stay-at-home orders because of COVID-19 have become more common around the country. In California, a surprising group is behind some of them: those who oppose mandatory vaccinations. On Thursday, a mash-up of people mingled on the sidewalk in front of California's state Capitol in Sacramento. There were Trump supporters wearing MAGA hats and waving American flags. There were Christians, singing along to religious rock songs and raising their hands in prayer. The event's MC. urged Gov. Gavin Newsom to tune into their event. "Everybody up at the Capitol, tell Gavin Newsom [to tune in to] 107.9 FM, if he wants to hear what we have to say," the MC told the crowd over loudspeakers. "It could be kind of good for him!" There were also mothers with their children at the rally. Many people were not wearing face masks or observing social distancing protocols. They'd all come out to protest California's stay-at-home order, put in place to slow the spread of COVID-19. This week's




j

Women Bear The Brunt Of Coronavirus Job Losses

Very briefly, at the end of 2019 and the start of 2020, there were slightly more women on American nonfarm payrolls than men. That's no longer true. The historically disastrous April jobs report shows that the brunt of job losses fell on women. Women now account for around just under half — 49% — of American workers, and they accounted for 55% of the increase in job losses last month. One way of looking at why that matters that is to look at the gap that opened up between women's and men's unemployment last month. The below chart shows women's unemployment rate minus men's unemployment rate since 2007. Usually, the line bumps around near or just below zero — meaning men's unemployment is usually near or slightly higher than women's. But that spike on the far right shows how women's unemployment leapt to be 2.7 points higher than men's in April. Women had an unemployment rate of 16.2% to men's 13.5% last month. That's uncommon for a recession. The below chart is a longer view, and the