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Millions of mobile phones, thousands of appliances pile up for repairing amidst lockdown: Industry

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.




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Covid-19 fear: Electronics brands Samsung, Apple let offline stores sell online

Samsung has created an ecommerce platform in partnership with Benow.in along with mobile phone retailers across the country that will allow them to sell and deliver smartphones. Offline stores are also being used to fulfil orders placed on Samsung’s e-store for television and appliances.




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Samsung, LG bet on pre-booking offers to woo customers amid extended lockdown

Both LG and Samsung have opened bookings for various products on their websites for limited periods and are offering gifts of up to Rs 10,000 on pre-bookings made during the lockdown period. LG has opened pre-bookings till May 15 and Samsung by May 8.




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Durables cos helplines, videos come to rescue

Brands including Godrej, Panasonic, Samsung are now extending video consultations and helplines to serve a fraction of the complaints that can be solved over guided videos or calls. The brands are reaching out to customers through social media or through remote assist helplines.




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Sony cuts television prices up to 20% to spur demand during Covid-19

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.




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Meet Ryan: A 7-year old boy who is the highest-paid YouTube star of 2018

The boy topped Forbes' list of "Highest-Paid YouTube Stars 2018" with an impressive earning of USD 22 million.




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Sony enters into kids merchandise space

Sony has roped in brand licensing company Black White Orange to roll out kids’ consumer products




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Global luxury goods sales to slide up to 35% - study

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.




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Covid-19 Impact: Titan reworks omnichannel directive for its jewellery wing to gain recovery in third quarter

We foresee a deferred demand. Most of the weddings in Q1 got pushed to Q3 or Q4 due to the lockdown. People may spend less money on destination weddings, clothes and other events around it. But we expect investment in jewellery for weddings, said Ajoy Chawla, CEO of Titan’s jewellery division.




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Covid-19 outbreak ahead of Akshaya Tritiya is credit negative for gold jewellery retail industry: ICRA

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.




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Khazana Jewellery to contribute ₹10 crore towards fighting the COVID-19 pandemic

Brand Content Initiative




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In times of Covid, diamond jobs are not forever

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.




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Amid lockdown, fashion firms work overtime to keep customers engaged

Online retailers such as Myntra and Tjori have their consumer engagement teams working on to engage their customers till the time the lockdown eases. Others such as fashion brand Anita Dongre are brainstorming changes in consumer behaviour and how to keep them engaged online till the time stores become fully operational.




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When no one wants the ‘summer collection’, fashion retailers design masks, WFH lines to survive Covid crisis

It is a tough time for apparel retailers who are looking at zero offline revenues and a steep drop in online sales. The latest dress or the pair of khakis may not be able to save them.




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Noida: No orders for next 2 years, say garment exporters

According to exporters, payments of previous dispatches are also withheld by importers in the UK and Europe. These exporters employ about 50,000 people, and 60% of them are women engaged in tailoring, thread-cutting and other hands-on work.




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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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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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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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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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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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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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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.




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COVID-19: Amazon to deliver essential items in containment zones in Mumbai

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.




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Provide level playing field to e-commerce companies in red zone: IAMAI

The Centre, in its revised guidelines on May 1, had allowed “standalone shops” to operate in the red zones, while it restricted operations of e-commerce companies to sale of essential items only.




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Ecommerce: Covid-19 highlights the urgent need to digitise the supply chain

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.




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WestBridge buys 65% stake in salon chain Enrich

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.




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Beauty and Wellness Sector Skill Council inks pact with CIDESCO

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




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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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Covid-19 outbreak: Liquor firms to seek licence for sanitisers

The industry will also meet drug controllers to seek and fast-track issuance of required licences and nods. Ethyl alcohol, a key raw material used in a distillery, is also a key ingredient for hand sanitisers. This move comes as the centre has requested state governments to rope in distilleries to make hand sanitisers for the shutdown period till March 31 due to the pandemic.




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Covid-19: Govt eases permissions to ramp up hand sanitiser production

“About 45 distilleries and 564 other manufacturers have been granted permission to produce hand sanitisers. More than 55 distilleries are likely to be given permission in one or two days and many more are being motivated to produce sanitisers in this scenario,” consumer affairs ministry said in a release.




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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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Covid lockdown: Buying from home leads to surge in e-pharmacy sales

While most brick-and-mortar pharmacies continue to function amid the countrywide lockdown to contain the pandemic, many consumers have switched to buying medicines online for fear of getting infected by the novel coronavirus, industry insiders said.




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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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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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‘Talwalkars to be Snap Fitness franchisees in 6 Asian countries outside India’

The affordable gyms under Talwalkar-Snap Fitness tieup to open first in Singapore and Malaysia.




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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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Investors bid $2.2bn for sportsgear marketer Reebok

Eight years after acquiring US rival, Reebok, seems like German sports gear marketer - Adidas has put Reebok on the block.




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Adidas India appoints Dave Thomas as new managing director

Dave will report directly to Osman Ayaz, Managing Director of the Emerging Markets adidas Group, the company said in a statement.




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Adidas India’s top sports goods maker

German sportswear maker Adidas has emerged as the top sport goods maker and one of the largest international brands in the country by revenue, surpassing direct rivals such as Puma and Nike.