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British retailer Next says quarterly sales plunge 41%

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




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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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Rising demand for PPE products provides huge opportunity for domestic exporters: AEPC

The council had recently organised a webinar on 'Manufacturing of PPE Products under Medical Textiles', which saw about 2,000 participants, mainly apparel exporters from across the country.




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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.




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Global fashion brands tap India for face masks

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.




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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.




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Fashion shift online picks up even as stores reopen

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.




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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.




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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.




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Kickended, the competitive aesthetics of failure

Kickended by Silvio Lorusso is online database artwork archiving the Kickstarted campaigns that got not even a single penny. This competitive aesthetics of failure has been able to attract the attention of major national newspapers (from the British “The Guardian”




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Prince Harvey secretly recorded an entire album in Apple Store SoHo in four months

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




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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.

 




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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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YesNo, aural and clickable enjoyment

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

 




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ASCII-graffiti, referential public art

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




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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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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.




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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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Toonz Retail expects 30% of turnover from overseas

Toonz has signed a deal with Tariq Albassami Group for opening 10 stores in the Gulf region in the next one year.




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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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DLF brands may soon shut down Kidskart.com

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.




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Kidswear brands are on a roll in India, but will the phase last?

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?




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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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Firstcry to use analytics to boost offline sales

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




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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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Kids Around to bring DKNY Kids brand in India

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




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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.




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Toonz Retail sets to start 10 new stores, considering 5 cr investments

Toonz is also launching new collection of its home brand Wowmom, Superyoung and Superyoung Celebration.




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Toonz Retail targets Rs 100 crore turnover by FY19

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




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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.




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Voonik forays into kids wear segment

Fashion e-commerce platform Voonik on Monday announced its foray into kids wear segment.




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CBI books Delhi-based kidswear retailer for Rs 20 crore fraud

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.




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Retailers join party as baby fashion grows out of infancy

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




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FirstCry acquires playschool chain Oi

​​FirstCry plans to expand Oi Playschool — which currently operates about 55 centres in Hyderabad and Bengaluru — across the country with over 1,000 centres in five years.




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SoftBank commits $400 million for babycare co FirstCry

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.




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E-commerce companies twisting new MHA rules: CAIT

Offline traders' body CAIT has argued that e-commerce companies are misinterpreting MHA's new lockdown guidelines and "twisting (them) in their favour to misguide the various state governments and authorities and to create unnecessary confusion." The government has extended lockdown till May 17. It, however, gave some relaxations for business activities and people's movement within areas with limited or no COVID-19 cases.




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E-commerce may take time to steady cart

Until late Sunday, only a handful of states including UP, Maharashtra, Rajasthan, Karnataka, Tamil Nadu, Gujarat, Odisha, Delhi and Uttarakhand issued notifications on the lines of MHA’s Friday order.




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Amazon, Flipkart to increase warehouses

Amazon’s India unit has contracted 2 million sq ft while Walmart-backed Flipkart has contracted 1 million sq ft across Bengaluru, Mumbai Metropolitan Region, Hyderabad, Pune, Ahmedabad, Lucknow and Coimbatore, said multiple persons aware of the development.




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Grofers is in talks to raise $60-70 million

The funding comes at a time when the company’s sales and margins have doubled, compared to the same period last year.




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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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Lockdown 3.0: People place orders online for non-essential items; staff crunch may delay deliveries

E-commerce companies have been permitted to sell all items in Orange and Green Zones starting from Monday, the first day of the third phase of the nationwide lockdown that began on March 25.




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Flipkart group CFO Emily McNeal quits

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.




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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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Lockdown 3.0: Mobile phones, gas stoves, trimmers see spike in searches on Flipkart

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




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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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Non essential e-commerce in the red even in green & orange zones

As per estimates by Forrester Research, regions in Green and Orange zones accounted for 30-35% sales of ecommerce firms prior to the lockdown.




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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.