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Perspective: Is It Monday Again?

What day is it today? The woman on the other end of the phone asked, “How’s your day going?” “Oh, about the same as yesterday...” “Good one,” she says. At least I could inject a bit of humor. I don’t know about you, but for those of us quarantined at home, it seems as though every day is Sunday: one yawning day without very many milestones. I consider receiving the mail a major event. The governor’s daily address at 2:30 ish in the afternoon is another. At the beginning of this stay at home order I told myself that I would use noon as a cutoff: I had to be out of my pajamas by noon. Do I dare tell you that it is past 4:00 and I’m still in my nightgown? Let’s just say I’m getting in touch with my inner sloth. This order also breeds laziness. At one point I was counting out the number of underwear I had until I had to do laundry. What is wrong with me? I used to be a productive member of society: I read the newspaper daily. Now I collect the newspaper from the driveway every two days, I




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Liquor shares slump on duty hike

Volume growth in India’s spirits industry was just 3% last year, compared to 10% a year earlier, impacted negatively by the national elections and subsequent sagging consumer demand. With two months of lockdown, about 16% of annual sales have literally vanished this year.




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Alcohol policy needed for lockdowns: No need to detest booze, say mental health experts

Experts says India needs to avoid ‘vice versus virtue’ dichotomy with regard to alcohol.




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Fund-starved Karnataka raises liquor duties, distillers say move won’t help anyone

Chief minister BS Yediyurappa has been exploring revenue opportunities, and plans to also auction off plots of land in and around Bengaluru to mobilise funds. The revised retail prices will take effect Thursday. The CM has, however, spared beer and wine.




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Payments platform Simpl records about 35% upsurge in daily essentials transactions through online orders

Green Visor Capital backed-Simpl, that allows users to buy now and checkout with pay-later function, said the surge in the number of transactions done for daily essentials increased despite supply and workforce issues by merchant partners.




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Assam, Nagaland, Meghalaya and Arunachal Pradesh may levy COVID cess on liquor

Assam finance minister, Himanta Biswa Sarma said, “We had an informal discussion with these states and we may increase the tax on liquor. Tomorrow we are having a cabinet meeting in Assam and a decision in this regard will be taken.”




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To avoid overcrowding, Delhi govt launches e-token system for liquor purchase

According to an official statement, the government released a web link - www.qtoken.in - where people will be designated specific time for purchasing liquor after they fill personal details. The e-tokens will be sent on the mobile phones of the registered persons, it said.




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JioMart wants you to buy small and buy often

Currently, owing to the ongoing lockdown, kirana (corner) stores on JioMart serve limited inventory. But that will be a thing of the past once restrictions are lifted.




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Corona blues to take the punch out of liquor business in FY21: Pernod Ricard

Pernod Ricard, estimated to have revenues of Rs 21,000 crore in India in 2019-20 on sale of around 55 million cases, sells imported brands such as Chivas Regal, ABSOLUT, Glenlivet and Jameson, apart from the locally-made large-selling ones such as Royal Stag, Blenders Pride, and 100 Pipers.




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States should consider home delivery of liquor during lockdown, says Supreme Court

The Supreme Court refused to pass any orders to this effect, but suggested that it could be a better alternative than the chaos which has followed the government decision to open liquor shops during the lockdown.




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Assam hikes liquor prices by 25 per cent

Assam cabinet held its meeting on Friday through video conferencing. Assam Industries and Commerce Minister Chandra Mohan Patowary said the 25 per cent hike will add Rs 1000 crore to the government's kitty.




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Delhi govt issues 4.75 lakh e-tokens to buy liquor

Under the e-token system, customers are given specific time for purchasing alcohol so that there is no violation of social distancing norms by people queuing up outside liquor stores.




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Bata to open 70 stores each year

Bata India Chairman Uday Khanna said: “We have plans to open 100 stores a year and would close 25 to 30 which are either at wrong place or not making profits. We tend to continue to keep this pace. (On a net basis) we do add about 70 stores a year.”




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New China tariffs a 'job killer,' US footwear industry tells Trump

The five per cent increases, which will take the tariffs to 15-25 per cent, and are due to roll out in stages through December and target some popular items, such as laptops, mobile phones and some shoes.




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After demonetisation, GST, floods hit Agra's footwear industry hard

Sharing the reasons for the slowdown in the shoe industry, shoe manufacturer Pradeep Kumar said: "The main cause is the flood that most part of the country is facing. Due to sluggish sales, we are also short of funds."




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Consumption would be the alpha generator in next 5 years: Siddharth Parekh, Paragon Partners

There is a lot of deal activity because businesses are looking for capital.




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Bata to add 500 more stores in next 5 years on franchise model

Bata has already identified 180 such markets in smaller cities pan-India.




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Bata asked to pay Rs 10,000 for charging Rs 2 for carry bag

The commission said that the bag which was made available by Bata in Rs 2 to the consumer had the company’s logo and accessories printed on it.




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'Come As You Are': Priyanka Chopra signs deal with Crocs

The actor will endorse 2020 collections of the casual footwear brand.




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Bata to use multi-channel retail strategy to reach more customers

The company, which has a retail network in 450 towns, is further expanding by adding new stores in smaller towns through franchise route.




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Nike says virus to have 'material impact' on China operations

"Similar to others in the marketplace, approximately half of Nike-owned stores have been temporarily closed," while it is "experiencing lower than planned retail traffic in stores that do remain open."




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Agra footwear industry stares at losses due to coronavirus

Every year, leather shoes worth over Rs 3,000 crore are exported to European countries from Agra. The US and several African countries are also important destinations for Agra footwear, say industry sources.




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Woodland aims to double sales to Rs 2,500 cr by FY25

"Our topline was around Rs 1,250 crore (FY19) and is growing by 10 per cent every year, which is a quite healthy and sustainable," Aero Club Managing Director Harkirat Singh told .




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Nike temporarily closes European headquarters due to coronavirus case

Dutch news agency ANP, citing an internal email, reported overnight that the office in Hilversum would be disinfected. The employee was staying home in isolation for 14 days, it said.




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Women's fashion brand W enters footwear category

"The newly launched footwear range is available in 90 stores. We plan to further expand and make it accessible at more stores in the coming seasons," said Somdeb Basu, head of foot apparel and accessories at W.




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Indian footwear sector revenues to drop by 10-15% in FY21: ICRA

The pandemic is also likely to catalyse the shift to e-commerce.




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Nike says bye to selling on Amazon

Big brands have quit Amazon's platform due to sales of counterfeit products and unauthorised sellers which undermines the value of the original brands.




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Sunil Chhetri inks 3-year deal with PUMA

Chhetri joins the brand's roster of global players like Antoine Griezmann, Romelu Lukaku, Luis Suarez and Sergio Aguero among others.




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Delhi HC restrains Campus from selling shoe range on Puma’s copyright plaint

Campus Activewear is part of the Synergy Action Group that sells 100,000 pairs of shoes every day through more than 50,000, mostly third-party, outlets, according to Action Shoes’ website.




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Puma India elevates India MD Abhishek Ganguly to General Manager- SE Asia and India

In a letter to the brand’s business partners, Bjorn Gulden, global CEO of Puma SE, announced Ganguly’s elevation in the company adding that that he will continue to work out of Puma’s India head office in Bengaluru.




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Adidas apologises after backlash over refusing to pay rent amid coronavirus scare

"We would like to wholeheartedly apologise. We have paid our landlords the rent for April." Adidas, which made a net profit of nearly two billion euros ($2.2 billion) in 2019, has been hard hit by a slump in Chinese sales and store closures around the world.




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Adidas says worse to come as profits and sales plunge

Adidas said 60% of its business was currently at a standstill, with more than 70% of its stores closed worldwide and all big sporting events - including the Tokyo Olympics and Euro soccer tournament - postponed or cancelled.




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Muted show at Titan no cause for worry, rebound likely in H2

No large-cap company in the FMCG/ retail space is offering growth visibility as high as Titan.




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Titan’s optical division forays into smart eyewear segment

​​The Bluetooth-enabled smart sunglasses by Titan’s eyewear division will allow users to listen to music with 8-hour playtime. An in-built mic will give access to Siri and Google assistant and allow hands-free calling.




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Titan Q2 profit inches up 2% YoY to Rs 320 crore, misses Street estimates

The company had posted Rs 314.38 crore profit in the year-ago period.




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Titan Company drops 10% on poor H2 guidance

Analysts have largely cut their FY20 earnings forecast for the Tata Group firm by 4-10 per cent.




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Wildcraft India bags a deal to make rucksacks for the Indian Army

“We have bagged a multi-million dollar order from the Ministry of Defence to make rucksacks for the Indian army. It is an unchartered territory but creating an ideal rucksack for an Indian jawaan who spends maximum time outdoors in challenging terrain will be good learning. The order will be executed next year,” said Siddharth Sood, cofounder of Wildcraft India.




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Panerai CEO sees India as key market for luxury watches

While early movers like Rolex, Omega and Tag Heuer entered India in early noughties, a clutch of global luxury watches like Panerai are now placing bets on the Indian market, keeping in mind a longer investment horizon. In a bid to create a deeper connect with the Indian consumers, Panerai launched two MS Dhoni special edition watches on Wednesday.




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Lenskart FY19 loss narrows, topline jumps 56%

Total expenses for fiscal year 2019 came in at Rs 514.52 crore, up about 20% compared to the year-ago period when expenses were at Rs 429 crore.




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Titan’s festive quarter sales hit by protests in various parts of the country

“Sales in all divisions in the second half of December were also impacted to some extent due to forced store closures due to the protests in the North East and in many other parts of the country,” the company said in a stock exchange filing on Saturday.




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Traditional watches to get a sporty twist as athleisure trend picks up in 2020

The growth of healthy lifestyle has added impetus to the athleisure trend.




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Titan Q3 profit rises 13% YoY: Key takeaways

The revenue growth was led by the jewellery segment, while growth in other segments were muted during the quarter.




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Muted consumer sentiment will continue for many months: CK Venkataraman, Titan

“We certainly expect FY21 to better than FY20, because we are going to work smarter and harder on many things that we need to do. But at the same time, we are prepared for a situation which is going to be very-very tough.”




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Getting good quality retail in India is a challenge: Niladri Mazumder, Seiko India

Retail in India has not developed at the same pace as the products. Getting good quality retail is a challenge. The country has limited number of malls. There is no high street.




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(edited by) John G. Hanhardt, Gregory Zinman, and Edith Decker-Phillips – We Are in Open Circuits: Writings by Nam June Paik

The MIT Press, ISBN-13: 978-0262039802, English, 464 pages, 2019, USA

Nam June Paik is back in the limelight, thanks to an important historical exhibition at Tate Modern (see the report in this issue). There has




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Holly Herndon ‎– Proto

CD – 4AD

In her previous two albums – Movement and Platform – Holly Herndon has already demonstrated her vocal control in a very original and structured way, despite the use of distortions, effects and extreme edits. She was perfectly




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The Visit, realistic simulation of a reality that already exists

The elderly Viv notices our presence and invites us to sit in her kitchen, right there in front of her, where she can see us. Thus began the interactive video experience “The Visit“, born from the collaboration of the artist



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Nina Sun Eidsheim – The Race of Sound: Listening, Timbre, and Vocality in African American Music

Duke University Press, ISBN-13: 978-0822368687, English, 288 pages, 2019, USA

Eidsheim starts this book by introducing ‘the acousmatic question’ (“who’s this, who’s speaking?”) to discuss the dichotomy between a sound and its source before and




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Rooftop Garden - Acoustic Syndicate

INTRO – It’s not quite a comeback for the Cleveland County-based band the Acoustic Syndicate. They hadn’t been in a studio since 2004, they haven’t regularly toured in that time either… but they never quite got all the way out with occasional shows here and there over the last several years. Now they’re back in a big way… new tour, new CD… and again willing to consider the bright lights with the knowledge they can always contentedly return to the farm. George Olsen has this. The roots of the band the Acoustic Syndicate are certainly deep. The three McMurry’s who front the band… two brothers, one cousin… are fifth generation Cleveland Countiers. ”Cleveland County is the home of Earl Scruggs. He actually worked in the same cotton mill as my grandmother. They worked in the same mill when they were children.” Those five generations have farmed the same piece of land since the 1700s. In more modern times immigrant labor came in to help work the farm. “I guess the biggest eye opening




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Traditional Duets - Lynda Dawson & Pattie Hopkins

INTRO – If you like your country or acoustic music slick and highly produced, don’t buy the following CD by Raleigh’s Lynda Dawson and Greenville’s Pattie Hopkins. One guitar, one fiddle, two voices … that’s it … and the CD’s title tells you everything you need to know about the music inside. George Olsen talked with Lynda & Pattie and has this. When I receive music in the mail the first thing I might notice is the CDs title. In the case of Lynda Dawson & Pattie Hopkins CD “Traditional Duets” the first thing that popped into my head was “they certainly didn’t expend a lot of energy naming this disc.” After listening to the disc my review changed to “great music, boring name.” Boring or not, Lynda & Pattie somehow stumbled upon a perfectly descriptive title for their CD that somehow after centuries of traditional music is absolutely unique. (PH) “Traditional Duets was actually a place holder with our graphic design artist and toward the end of the project we fell in love