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Gap says may not have enough money to run operations

The apparel retailer, which like many others in the industry has closed its stores and furloughed employees, said it had also suspended rent payments of about $115 million per month in North America.




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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.




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A huge eye-shaped screen scanning people in front of Birmingham railway station

Minority Report comes closer… Three huge screens at Birmingham New Street railway station are scanning passers-by and play advertisements accordingly. http://www.birminghammail.co.uk/news/midlands-news/new-street-station-advertising-screens-9920400

 




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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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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




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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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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.




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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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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.




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No child’s play: Secrets to creating a successful kids’ clothing line in India

The shift in preferences from gender-specific colours and home-grown labels to branded outfits has led to a phenomenal growth in kids’ clothing in India.




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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.




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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 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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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?”




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Demonetisation: Old money can still buy you hairdos and spa sessions

Salon chains and wellness providers look to spur sales and attract new clients.




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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.




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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.




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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.




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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."




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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.




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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.




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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.




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Fogg-maker launches Pretty 24 that debunks fairness proposition

There is no market for me today because every brand in the category has convinced the consumer that they need to look fair to be successful in life.




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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.




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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.




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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.




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Masks, sanitisers can be sold at fair price shops: Delhi food minister

Officials are already taking necessary action against black-marketers and hoarders as per law under the provisions of the Essential Commodities Act. The minister said the practice of social distancing must be followed while distributing ration among beneficiaries, who should be asked to maintain a distance of at least one metre between them.




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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.




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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.




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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.




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E-pharma finds going tough as it runs at 50-70% capacity

Although warehouses are open and delivery staff moving freely, they are operating at suboptimal capacity. Since there is increased consumer demand, there is scarcity of medicines ordered online.




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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.




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Orders at e-pharmacies see bumper surge

Apart from Covid-19 lockdown norms, paucity of adequate stocks and a minuscule discount in retail medicine shops shot the demand for medicine delivery through various e-pharmacy platforms.




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How Under Armour can kick back at Adidas’ shoe game

Adidas’s resurgence couldn’t have come at a worse time for Under Armour, which was just gaining a foothold in the sneaker business in US.




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Fitness fad boosts desi athleisure business

Some see it as fashion that is effortless and comfortable. While gym or performance wear is made mainly of polyester to ensure it dries quickly, athleisure wear is a combination of polyester and cotton.




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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.




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Mahesh Bhupathi backed Sports365.in to raise up to Rs 53 crore

Sports365 plans to use the funds to build technological capacities, launch its own private label and increase manpower.




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Ceat signs Rohit Sharma for bat endorsement deal

The cricketer will now be seen playing with a bat prominently displaying Ceat in all formats of the game, Ceat said in a statement.




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India is a very important strategic market for Callaway: Oliver Chip Brewer

We have more than 25% market share in the Indian golf market, which is pegged at around $11 million.




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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.




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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.




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Consignments of sports goods from Pakistan unclaimed at the border post after high import duty

With 200% duty, Indian importers aren’t taking delivery of sports goods and other consignments.




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Decathlon overtakes Adidas, Nike in sports gear retailing

With 70 large, warehouse-like stores, Decathlon's product pricing is about 30-40% lower than competing products.




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Heart failure patient hits out at AXM defibrillator vandal

Jim Tees should check his facts before jumping in with both feet and looking foolish.




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Coronavirus FAQs: Do Temperature Screenings Help? Can Mosquitoes Spread It?

This is part of a series looking at pressing coronavirus questions of the week. We'd like to hear what you're curious about. Email us at goatsandsoda@npr.org with the subject line: "Weekly Coronavirus Questions." More than 76,000 people in the U.S. have died because of COVID-19, and there have been 1.27 million confirmed cases across the country — and nearly 4 million worldwide. Though the virus continues to spread and sicken people, some states and countries are starting to reopen businesses and lift stay-at-home requirements. This week, we look at some of your questions as summer nears and restrictions are eased. Is it safe to swim in pools or lakes? Does the virus spread through the water? People are asking whether they should be concerned about being exposed to the coronavirus while swimming. Experts say water needn't be a cause for concern. The CDC says there is no evidence the virus that causes COVID-19 can be spread to people through the water in pools, hot tubs, spas or water




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How The Nature Of The Music Industry Has Changed During The Pandemic

Copyright 2020 NPR. To see more, visit https://www.npr.org.




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What Recent College Graduates Are Going Through During The Pandemic, Continued

NPR's education reporter talks about what graduating seniors are going through right now as the colleges are closed due to the pandemic and answers their questions.




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What Recent College Graduates Are Going Through During The Pandemic

NPR's education reporter talks about what graduating seniors are going through right now as the colleges are closed due to the pandemic and answers their questions.




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Roy Horn Of Siegfried and Roy Dies of COVID-19 At Age 75

Magician and animal trainer Roy Horn, of the legendary Las Vegas duo Siegfied and Roy, died Friday from complications related to COVID-19. Horn tested positive last week. He was 75. "The world has lost one of the greats of magic, but I have lost my best friend," Siegfried Fischbacher said of his partner in a statement. "Roy was a fighter his whole life including during these final days. I give my heartfelt appreciation to the team of doctors, nurses and staff at Mountain View Hospital who worked heroically against this insidious virus that ultimately took Roy's life." Roy Horn was born in Germany in 1944. He and Siegfried began their act in Las Vegas in 1967. In 1989 they began a 14-year run at the Mirage Resort performing illusions with exotic animals, making tigers, lions, even elephants vanish and reappear. In October of 2003, Roy Horn was performing with a 400-pound white tiger named Mantecore when the great cat grabbed him by the throat before a stunned audience and dragged him