The Mumbai-based startup is currently in talks with local furniture players in the country. It is looking to add 8-10 new partners every month and take the count to a total of 150-180 suppliers by the end of 2020.

North Carolina Gov. Roy Cooper responded to President Donald Trump’s plan to reopen the economy by stressing that the state needs the federal government’s help supplying medical professionals to ramp up COVID-19 testing. The state government also said Friday that it was tripling the staff handling unemployment claims as the state faces a crush of hundreds of thousands requests. Trump told governors Thursday that restrictions could be eased to allow businesses to reopen in the coming weeks in areas that have extensive testing and a decline in cases. Hours later, Cooper, a Democrat, said states need more supplies from the federal government to expand testing enough to reopen their economies.

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.

The move came after Future group firms defaulted on loans taken against the pledged shares of Future Retail in March, which also impacted its share price.

Following instructions from Excise Minister Ram Naresh Agnihotri, principal secretary (excise) Sanjay R Bhoosreddy said that a rate higher than the fixed MRP cannot be charged by liquor vendors under any circumstances.

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.

According to the company, Puma's collaboration with the Indian cricket captain saw a massive rise in sales in FY2019 with sales through One8 accounting for almost 10 per cent of its overall sales, and cementing the leadership position by a wider margin.

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

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

“While we are yet to feel the pressure in products sourced from third-party suppliers, there are shortages in Apple’s original accessories,” said one of the re-sellers of the American brand in an upmarket store at Gurgaon.

“There are supply issues for several brands. There is no clarity when the situation will normalise,” said Nilesh Gupta, director at Vijay Sales, a leading electronics retailer in Mumbai and New Delhi. “If it doesn’t get corrected fast, we may move into a stock-out situation from next month.”

US phone-maker said to have leased 25k sq ft space at Maker Maxity mall in the Mumbai hub.

“For incubators, we want to look at India as the first starting point,” said Manish Agarwal, CEO of Reliance Entertainment.

There's no better game to play with friends than "Super Smash Bros." And it's about to get even better.

The mobile app development companies as well as independent developers are leveraging this to pitch their apps into the market.

Nazara Technologies has mandated investment bank Credit Suisse to raise Rs 480-640 crore, the largest capitalraise in India’s still nascent mobile gaming industry.

Toonz Animation, the flagship division of leading content company Toonz Entertainment, has signed a major deal with Gummybear International Inc.

With 35% users each in the US and Asia Pacific region and the remaining in Europe, 99Games is one of the first Indian gaming studios to hit this success.

MadRat has developed an interactive suit designed to encourage children to venture out and play even within the restrictive confines of housing complexes.

Barely a week before he was taken into CBI custody on charges of defaulting on bank loans to the tune of Rs 3,000 crore, Rotomac chairman Vikram Kothari was among the top 100 key invitees to the mega UP investor summit.

Rotomac violated FEMA rules and worked for interest rate differential in local and foreign currency in the guise of trade without having any genuine business transactions.

After Rs 11,360 crore PNB scam , another ace businessman - Vikram Kothari from Kanpur -has been accused of defaulting on repayment of more than Rs 800 crore loans from five government banks

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.

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

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

Shares of the New Jersey-based home furnishing retailer fell about 3 percent in mid-day trade.

“We plan to rapidly expand our newly launched portfolio of Shower, Beard, Body & Electric trimmers to focus on becoming a one-stop grooming solution for men and women,” Sidharth Oberoi, CEO, LetsShave told ET.

India imports 45% of completely built units of consumer durables from China and it also imports nearly 70% of the components for television, and other consumer durable products. The price increase by suppliers at a time when demand is drastically down has hit the sector hard, said the presentation by Ficci to the government.

There are another more than 30,000 microwave ovens, AC and washing machines which needs repair at a time when Indians are locked indoors and doing household chores themselves due to the lockdown.

Most consumer durables companies in India rely on imported components. Poor input supplies since January and later closure of factories, malls, shops and offices due to the lockdown hit consumer demand badly.

Lee Jae-yong is vice-chairman of Samsung Electronics and was jailed for five years in 2017 for bribery, embezzlement and other offences in connection with the scandal that brought down South Korean president Park Geun-hye.

The company has cut prices anywhere from Rs 2,000 on the smaller screen televisions going up to Rs two lakh on a flagship 85-inch model apart from rolling out long tenure no-cost EMI schemes and bundling offers. It has launched a new 85-inch model at Rs 5.9 lakh bringing down its earlier pricing structure of Rs 10 lakh in this screen size.

Other markets account for approximately 27.9 per cent of Dubai's imports, a statement released here by organisers of Paper Arabia 2013.

At Myntra, Kamal was heading different verticals including logistics, operations excellence and the training function, where he built the in-house logistics team and scaled it to include more than 3500 people, spread across 80 plus towns and delivering over 100,000 packets a day.

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.

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.

Twelve tons of the gel will be produced as soon as this week.

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.

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

Once markets are reopened, the industry would also be braving a changing consumer spending behavior and capacity. There could be a major lag before sales begin to pick up. Fashion as a commodity is also perishable. It may be very difficult to sell the loaded inventories in warehouses, and heavy discounts would not be an attractive option at a time of slim profit margins.

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.

H&M, the world's second-biggest fashion retailer, said local currency sales had tumbled 57% in the March 1-May 6 period, while online sales grew almost a third.

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.

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.

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.

Sources in the company said, McNeal’s role will now be divided between Sriram Venkataraman, who is expected to take over as the CFO of Flipkart as well as the fashion etailer Myntra, and Adarsh Nahata who is currently PhonePe’s CFO.

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.

"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."

The latest round of funding was led by the startup’s existing backer Harminder Sahni, founder of consultancy firm Wazir Advisors, Lets Ventures’ Mohit Bajaj and Calcutta Angels.

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