The offers are on luxury products such as watches, cars and shoes, just as many other players also join the ‘lockdown bandwagon’.

The coronavirus crisis is expected to lead to a spate of mergers and acquisitions of weakened brands, the closure of single-brand stores and reshaping of already suffering U.S. department stores, D'Arpizio said. Customers are also likely to emerge from global lockdowns with a new set of priorities.

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.

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%.”

On Thursday, gold futures for June on MCX closed at Rs 46,352/10gm. So, in about one and a half years, gold prices in India could gain about 75%. In the international market, gold is currently trading at about $1,750 level.

India’s gross import of rough diamonds had declined by 13.43% to $12.39 billion between April 2019 and February 2020 from a year earlier.

World's gold demand during the first quarter of 2019 stood at 1070.8 tonne, according to WGC's Q1 Gold Demand Trends report.

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.

Brand Content Initiative

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.

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

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.

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.

"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.

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

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

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.

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.

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

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.

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 →

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

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

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 →

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 →

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

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.

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

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.

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?

The 2014 lawsuit alleged that EY's auditing facilitated an accounting fraud and sought damages from the consulting giant.

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

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

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

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.

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.

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

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.

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

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?”

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.

, Jawed Habib and Jawed Habib Express, across India's small and big towns, besides metro cities, Jawed Habib said.

O2 Spa is currently operating 60 centres across 17 cities in the country.

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

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

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.

Beauty & wellness co expected to spend Rs 100 crore on acquisition, integration and category development of on-demand beauty services startup.

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

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.

Zurich-based Committee International d'Esthtique et de Cosmtologie (CIDESCO) is considered world standard for Beauty and Spa Therapy.