9

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.




9

Toys 'R' Us makes comeback after teaming up with Target

More than two years after filing for bankruptcy, Toys 'R' Us has managed to make a comeback with the support of a competitor, just in time for the holiday season. The iconic toy brand has relaunched its website, shortly after US retail chain Target announced a partnership with the defunct brand's parent company Tru Kids Brands.




9

Karnataka Bank reports Rs 40.39cr fraud by Hanung Toys and Textiles

​​H​​anung Toys and Textiles Ltd (borrowing account) dealing with the bank since 2008 had availed various credit facilities under consortium arrangement wherein, Karnataka Bank was one of the member banks, it said in a regulatory filing.




9

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.




9

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.




9

Orders sink for Italy's luxury suppliers as virus spreads - sources

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.




9

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.




9

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.




9

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%.”




9

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

Brand Content Initiative




9

Episode 59: Miunau

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




9

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.




9

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.




9

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.




9

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.




9

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.




9

GoPro ancestors in the 1960s and 1970s

GoPro ancestors in the 1960s and 1970s, mainly sport and movie persons like F1 driver Jackie Stewart, Bob Sinclair and Steve McQueen.

 




9

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.




9

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.




9

FirstCry becomes Ratan Tata's fourth investment in 2016

Earlier this month, Ratan Tata had invested in Tracxn Technologies and followed it up with pet care portal DogSpot and online cashback and coupons venture CashKaro.




9

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.




9

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.




9

Toonz Retail targets Rs 100 crore turnover by FY19

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




9

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.




9

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.




9

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?”




9

Another Amazon worker dies from COVID-19 in US

The death marks the fourth confirmed COVID-19-linked death of an Amazon worker, following deaths in Hawthorne, California; Tracy, California and the death of a Staten Island, New York, worker who was stationed at the JFK8 fulfillment centre.




9

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.




9

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.




9

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.




9

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.




9

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.




9

India's latest acceptance of curls lead to the emergence of a Rs 200 crore industry

Even though 60% of the world’s population has either curly or wavy hair, Indians have always considered straight hair the ideal type.




9

Men's skincare category is growing at a faster pace: Naveen Anand, Oriflame

These products are manufactured in Europe. So this is an imported range which we are bringing in India. But once we build up the volume, then we may further decide on manufacturing it locally.




9

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.




9

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.




9

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.




9

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.




9

Covid-19 outbreak: Delhi government to check hoarding of sanitisers, fine violators

Since hand sanitisers have been declared as essential commodity under the Essential Commodities Act, action can be taken against dealers involved in hoarding and black-marketing of the product. The retailer/ manufacturer/ trader overcharging a consumer can be prosecuted under the Legal Metrology Act, 2009, and Packaged Commodities Rules, 2011, the government said in a statement.




9

Covid-19 outbreak: Liquor firms to seek licence for sanitisers

The industry will also meet drug controllers to seek and fast-track issuance of required licences and nods. Ethyl alcohol, a key raw material used in a distillery, is also a key ingredient for hand sanitisers. This move comes as the centre has requested state governments to rope in distilleries to make hand sanitisers for the shutdown period till March 31 due to the pandemic.




9

Covid-19: Govt eases permissions to ramp up hand sanitiser production

“About 45 distilleries and 564 other manufacturers have been granted permission to produce hand sanitisers. More than 55 distilleries are likely to be given permission in one or two days and many more are being motivated to produce sanitisers in this scenario,” consumer affairs ministry said in a release.




9

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.




9

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.




9

Covid-19 Impact: Cycle Pure Agarbathies holds back prayer product launches to shift focus on hand sanitisers

The Mysuru-headquartered brand is using its fragrance stock to make ayurvedic hand sanitisers ever since its product portfolio comprising incense sticks, prayer and wellness products came under the non-essential category.




9

Mukesh Bansal's CureFit eyes 500 CultFit fitness centres by 2020

Bansal said the startup has so far raised around $160 million and only less than 20% of the funds were utilised so far and the balance funds will be spent over the next few years towards developing fitness devices and technology platform, apart from expanding the footprint.




9

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.




9

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.




9

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.




9

Mahesh Bhupathi's Sports365 aims to be Rs 1,000-cr firm in 5 years

Sports365 is also supported by icons as Yuvraj Singh, Deepika Pallikal and Bhupathi's wife Lara Dutta and is partnering with foreign sports brands as their exclusive partners in India.




9

Meerut's sports goods mkt sees 80% fall in sales after note ban

A month after demonetisation, the industry is yet to recover from the shock. Sales have dipped drastically, and small businesses have had to shut down.