bloggggg

Home  |  Live  |  Science  |  Lifestyle  |  Entertainment  |  Broadcast  |  Games  |  eBooks  |  Astounds  |  Adbite  |  Cricbell  |  Cyber  |  Idea  |  Digital  |  Privacy  |  Publish  |  ePaper  |  Contact  .Subscribe.Subscribe.Subscribe.Subscribe.Subscribe.Subscribe.Subscribe.Subscribe.Subscribe
Subscribe

Friday, 7 February 2025

Leema clinches South Asian Business Excellence Award


Leema Creations Ltd. has won the South Asian Business Excellence Award for brand excellence in interior architecture for the 8th consecutive year. The presentation of the award took place recently at a glittering ceremony held in Pride Plaza Aero City, New Delhi, India in the presence of Business leaders and distinguished invitees.

Leema Creations Founder Chairman Channa Wijesekara and Managing Director ShamikaWijesekara received the award on behalf of Leema Creations.

South Asian Business Excellence award is a prestigious and celebrated award which was established to acknowledge and reward the exceptional work and its results by the industry leaders of the corporate domain in the countries of the South Asian region.

Excellence is not an easy attainment to come by. Perseverance, dedication and driving towards brilliance are unmistakable requirements in order to gain excellence ultimately. All this can be condensed in a single word, “Obsession”. When obsessed with excellence your dream to the best of the best becomes a reality.

The management of Leema clearly understood this concept and worked towards this goal through direct access to a professional team of in-house interior designers and expert technical team from the inception of a project resulting in Leema been the leading brand to provide the clients with beauty, innovation and cutting edge precision interior solutions.

Leema is one of the recipients of ISO 9001-2015 in the interior industry in Sri Lanka which ensures that its products and services are up to the required standards.

Further the existing manufacturing plant covering 80000 sq.ft. is one of the most advanced in Sri Lanka with a combination of state of the art modern computerised equipment and fine craftsmanship which ensures exact execution of any project undertaken. Leema clinches South Asian Business Excellence Award | Daily FT

Thursday, 16 May 2024

'Miss India' Sini Shetty turns showstopper for Mayana Rajani's 'Etoile'

Mumbai, (IANS) The 'Miss India' 2022 Sini Shetty was in her element as she walked the ramp and turned showstopper for 'The Story Brand' in the ongoing Bombay Times Fashion Week 2024.

Sini walked for the 'Etoile' collection of 'The Story Brand' owned by Mayana Rajani.

With its pastel hues, and silhouettes, this collection boasts of capes, lehengas, sarees and tunics. It embodies sophistication and elegance, making fashion accessible to all. It is a tribute to the subtle grandeur and offers a fresh perspective on contemporary fashion.

Sini oozed elegance and grace in an ivory halter neck choli with intricate details on it. It was paired with a matching lehenga, and a transparent dupatta.

For the makeup she went all glammed up-- nude brown glossy lips, silver eyeshadow, kohl-rimmed eyes, and thick brows. Her hair is tied in a stylish bun. The outfit was rounded off with big emerald colour earrings.

Talking about the collection, designer Mayana said: "We have presented Sini in our favourite outfits. We have used the colour ivory, it is very special to the brand. It is a classical colour. The collection is named 'Etoile' which means star in French. Just like the brilliance of the star, we wanted to capture the brilliance in the outfit, and Sini has just done a spectacular job, sparking like a star."

Sini shared: "Well, it's an honour to represent her creativity. I remember our first call and I can now visualise wearing it. I knew I would look like a million bucks all thanks to you."She further added: "I love dancing, and I can happily say that wearing this outfit I can dance for hours in weddings. It is super light and at the same time I look amazing. So hats off to you and your creation."'Miss India' Sini Shetty turns showstopper for Mayana Rajani's 'Etoile' | MorungExpress | morungexpress.com

Thursday, 7 December 2023

Volkswagen to reduce workforce as it chases profits

BERLIN - Volkswagen said Wednesday it would cut its workforce over the coming years as the German auto giant seeks to boost its profitability and reboot a faltering shift to electric cars.

"Over the coming years, we will need to reduce our workforce in a socially responsible way," the group's human resources chief Gunnar Kilian said.

The focus would be on "partial retirement and early retirement schemes to the maximum extent possible," he added, in a statement issued after a meeting with employees in Wolfsburg, where the firm is headquartered.

He did not indicate how many roles would be affected at the 10-brand group, whose marques include Audi, Skoda and Seat.

But he said the aim was to reduce staff costs in areas outside production by about 20 percent.

He stressed this did not mean having 20 percent fewer people, and most savings would "come from process improvements and structural adjustments".

Volkswagen has some 675,800 employees worldwide.

The group announced in June a 10-billion-euro ($10.8 billion) savings programme to help increase profitability -- its profit margins are currently languishing behind its long-term target of between nine and 11 percent.

The group is pouring tens of billions of euros into its pivot to electric vehicles, but the sector has been blighted by a weak global economy and low levels of demand.

In addition, it is facing a serious challenge from homegrown rivals in China, one of its most important markets.

Like other manufacturers in Europe's biggest economy, it is also battling rising costs due to high inflation and elevated energy prices since the outbreak of the Ukraine war.

On Wednesday, Thomas Schaefer, head of the Volkswagen brand, outlined measures that had already been decided upon to reduce costs.

These range from dropping a plan to build a new research and development centre, to speeding up product development. In September, VW said it was cutting 269 temporary jobs at its flagship electric car plant in Zwickau. Volkswagen to reduce workforce as it chases profits

Monday, 6 November 2023

Reliance to invest $122 million in Brookfield JV for data center projects in India

FILE PHOTO: Labourers rest in front of an advertisement for Reliance Industries at a construction site in Mumbai, India, March 2, 2016. REUTERS/Shailesh Andrade/File Photo
BENGALURU -India’s Reliance Industries said on Monday it would invest up to 10 billion Indian rupees ($122.24 million) in building data centers in the country along with Canada-based Brookfield Infrastructure. The announcement comes at a time when data center capacity in India is expected to rise exponentially as more people go online. Reliance will initially invest about 3.78 billion rupees in units of Mercury Holdings SG Pte, which is a joint venture (JV) between Brookfield Infrastructure and U.S.-based real estate investment trust Digital Realty. The JV is currently building data centers in Chennai and Mumbai. The Mukesh Ambani-owned company has committed to invest the remaining 6.22 billion rupees in equity and debt securities of the JV’s units, when needed. Reliance will hold a 33.33% stake in each of the Indian units of the JV and become an equal partner, it said, adding that the venture will be branded as Digital Connexion. India’s data centers market is expected to grow 40% a year and draw $5 billion in investments by 2025 according to a report from investment bank Avendus Capital. Indian data center space is also heating up with Reliance’s entry as Adani Enterprises’ JV had already raised $213 million to fund under-construction data centers.($1 = 81.8060 Indian rupees)Reliance to invest $122 million in Brookfield JV for data center projects in India

Saturday, 7 April 2018

Tendulkar’s brand True Blue to increase retail, add more stores across India

Meenakshi Kumar| Sachin Tendulkar the cricket legend has announced the launch of a new summer collection under his brand True Blue, launched in partnership with Arvind Fashion Brands. Tendulkar wishes to reach out to all his fans through the brand. The target is to meet the requirement of people who have supported him for years. The legendary batsman has been involved in designing the new collection. Sharing his thoughts about the new Kashi summer collection, he says the collection is all about Kashi and customers will love it.

The brand launched in 2017 aimed at garnering about Rs 200-300 crores over the next five years. Alok Dubey, COO sportswear and denim says the company has been focused on expansion, which is doing well. The brand is growing 100 per cent in retail sales and in terms of distribution expansion, a lot more, says Dubey. It has six stores currently, and more than 100 multi-brand stores.

Dubey explains everyone is inspired by the design, the heritage that India brings because, the core belief of this brand is that every story is rooted in design, and design about India. Meanwhile TrueBlue has launched a store in Mumbai and plan to open another 25-30 stores. The aim is for a turnover of Rs 200 crores in the next five years. Source: https://fashionunited.in/

Thursday, 3 December 2015

ASEAN announces formation of economic community


Member countries of the Association of Southeast Asian Nations (Asean) on Sunday formally announced the establishment of an economic community that will allow freer movement of trade and capital in an area of 625 million people with a combined economic output of $2.4 trillion. The declaration to create the Asean Economic Community (AEC), an EU-style regional economic bloc, was signed by leaders of the 10 member countries in Kuala Lumpur, during the group's annual summit. The Kuala Lumpur declaration, signed today, in front of world leaders including Prime Minister Narendra Modi and UN Secretary General Ban Ki-moon, creates a single market with a free flow of goods, capital and skilled labour in the region. The Asean leaders also adopted the declaration on ''Asean 2025, forging ahead together''. ''Asean is working towards a community that is politically cohesive, economically integrated and socially responsible,'' the declaration said. The Asean community includes such diverse countries of vastly differing political, security and socio-cultural dimensions and governments ranging from communist Vietnam, quasi-military Myanmar to the kingdom of Brunei and the overactive democracy of the Philippines. But, these divergencies have not deterred these countries in forming an economic community as the integration offers the most concrete opportunities in a region whose combined gross domestic product (GDP) would make it the world's seventh-largest economy. "In practice, we have virtually eliminated tariff barriers between us," said Malaysian Prime Minister Najib Razak, the summit host.
"Now we have to assure freer movements and removal of barriers that hinder growth and investment." The countries will now harmonise their economic strategies and consult more closely on macroeconomic and financial policies. They have also agreed to enhance the connectivity of their transportation infrastructure and communications, better facilitate electronic transactions, integrate industries to promote regional sourcing, and enhance private-sector involvement in the economy. The Asean 2025 document charts the path for the AEC building over the next ten years. ''It is a forward looking roadmap that articulates Asean goals and aspirations to realise further consolidation,'' the leaders said. the Asean 2025 vision document commits to work with external partners to strengthen cooperation in combating non-traditional security challenges like terrorism, drug related crimes, human trafficking and maritime issues through various initiatives and projects, the declaration added. ASEAN grouping includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Source: ArticleImage: flickr.com

Monday, 23 November 2015

Facebook chief Mark Zuckerberg to take two months of paternity leave


Facebook CEO Mark Zuckerberg said on Friday he would take two months paternity leave after the birth of his daughter. Silicon Valley technology firms had rushed to extend parental leave allowances as also other benefits as they attempted to recruit and retain talent, though many workers choose not to take advantage for fear of falling behind at work or missing out on promotions. Facebook, the world's biggest online social network, allowed its US employees to take up to four months of paid maternity or paternity leave, which could all be availed at once or throughout the first year of their child's life, a policy which was generous by US standards. Zuckerberg announced in July that he and his wife, Priscilla Chan, were expecting a baby girl. According to a 2015 study by the Society for Human Resource Management 21 per cent of employers it surveyed offered paid maternity leave, and 17 per cent provided paid paternity leave. "This is a very personal decision," Zuckerberg wrote on his Facebook page, along with a picture of a stroller, a yellow baby carrier and his dog, Beast. Zuckerberg wrote on Facebook, "Priscilla and I are starting to get ready for our daughter's arrival. We've been picking out our favorite childhood books and toys. "We've also been thinking about how we're going to take time off during the first months of her life. This is a very personal decision, and I've decided to take two months of paternity leave when our daughter arrives. "Studies show that when working parents take time to be with their newborns, outcomes are better for the children and families. At Facebook we offer our US employees up to 4 months of paid maternity or paternity leave which they can take throughout the year. "Every day things are getting a little more real for us, and we're excited to start this next stage in our lives." Source: ArticleImage: flickr.com

Wednesday, 8 July 2015

Steffi Graf appointed brand ambassador of Ayurveda in Kerala

Steffi Graf für Rexona
The Kerala tourism department was given sanction to sign a pact with Graf to become Ayurveda brand ambassador as part of the department's 'Visit Kerala Scheme'. Tennis legend Steffi Graf, 46, was appointed as the Ayurveda brand ambassador of Kerala on 24 June. The state cabinet unanimously took the decision, said chief minister Oommen Chandy. The Kerala tourism department was given sanction to sign a pact with Graf, to become the Ayurveda brand ambassador as part of the department’s ‘Visit Kerala Scheme’, according to Chandy. The tourism department held discussions and reached an agreement with the former number one tennis player. Kerala’s Ayurveda, an ancient system of health care, is famous for its holistic effect on the body as well as the mind. It attracts people from all over the country and abroad, every year. Graf, who had bagged 22 Grand slam single titles, retired in 1999. She married former World No. 1 (mens’) tennis player Andre Agassi in October 2001. Graf was ranked World No 1 by Womens’ Tennis Association (WTA) for a staggering 377 weeks, in total. Source: ArticleImage: https://commons.wikimedia.org

Friday, 8 May 2015

A McDonald’s experiment in Australia

Jane Wardell: The tweaking indicates McDonald’s is seriously worried about tough competition from so-called fast-casual chains around the world. The Corner, a new cafe in Sydney’s trendy inner west, looks a lot like its peers — white frontage, rustic wooden seating, potted plants on the counter, quinoa on the menu and servers wearing hemp aprons. But look a little closer at the black name sign over the door and a visitor will see “McCafe, established 2014” scrawled in small type. Owner McDonald’s Corp’s is saying little about the unique cafe and a series of other “learning labs” it is opening in Australia. They include a typical McDonald’s restaurant on the outskirts of Sydney that, in addition to its usual fare, offers “build your own” burgers and table service. But market experts say they indicate McDonald’s is seriously worried about tough competition from so-called fast-casual chains around the world that offer healthier food choices and more sophisticated service such as private equity-owned Nandos, Shake Shack Inc and local chains Grill’d and Mad Mex. The fast-casual segment is outgrowing the fast-food sector. “McDonald’s globally are going through a transition,” said Rohan Miller, a business academic at Sydney University, who produces studies on the fast-food market for commercial groups. “This is clearly a soft launch being quietly managed and I imagine there’ll be some tweaking to the concept as they get more experienced.” McDonald’s would only say it had no plans to roll out The Corner nationally, but acknowledged some of the foods and concepts it is trialling may be adopted elsewhere. “While we don’t have plans at this stage to roll out The Corner concept nationally, it will be used to gauge customer feedback to enhance the offering in our McCafé’s around the country,” Chris Grant, corporate communications manager for McDonald’s Australia, said in an email. “Products and concepts that our customers love may be included in other restaurants.” Offerings at The Corner include Moroccan roast chicken breast and chipotle pulled pork and personalised salads of brown rice, lentil and eggplant. Tea and coffee orders are delivered, using crockery, direct to your table. At the more traditionally styled Castle Hill McDonald’s outlet, in the outer suburbs, “build your own” burgers are presented on wooden boards and fries in a basket. They are offered alongside menu staples such as Big Macs and Quarter Pounders. Australian Guinea Pigs: McDonald’s has around 930 restaurants in Australia, from which it serves around 1.7 million customers a day — a sizeable chunk of the 23.5 million population. The country is a perfect test bed both geographically and demographically for the outlet, experts say. “It’s got a maturing audience, it’s an educated audience, it’s an audience that is very conversant with cafe culture, the urbanisation of food, takeaway, home delivery and it’s one in which service has always been a cornerstone,” said Brian Walker, director of advisory firm the Retail Doctor Group. “And because of its isolation, McDonald’s are able to measure its performance.”McDonald’s arch rival, Yum Brands Inc, is also branching out. The owner of the KFC brand has applied for a licence to serve beer and cider at a Sydney store, following two pilot projects in Canada last year. McDonald’s is Australia’s most popular fast-food restaurant, or Quick Service Restaurant (QSR), followed by Subway and KFC. Around 42 percent of Australians visit an outlet each month, Enhanced Media Metrics Australia says. Still, moves toward healthier eating are slowing revenues for fast-food burger shops in Australia. Annualised growth of 1.2 per cent to $4.1 billion over the five years to 2014/15 includes a 0.1 per cent decline in the final year, according to business research group IBISWorld. And globally, the fast-casual sector which includes Chipotle Mexican Grill Inc and Panera Bread Co is growing more rapidly, led by the United States, where sales growth of 13.2 per cent in 2012 outpaced 4.6 per cent for quick-service outlets, according to research and consulting firm Technomic. Burger Wars: McDonald’s does not break out financial results per country, but Global Media relations director Becca Hary said Australia was a positive contributor in November 2014. Global sales at restaurants open at least 13 months, however, were down 3.3 per cent in the third quarter, and fell 1 per cent for the first nine months of 2014. Expectations for the company’s fourth-quarter results, due later this month, are low. That’s a sharp contrast with Shake Shack, which earlier this month filed for an initial public offering as it plans to expand its locations beyond its New York base. Investors and analysts are bullish on its prospects, saying there is room for more fast-casual restaurants that offer higher-quality burgers, a variety of toppings and, in some cases, beer and wine. “The changes afoot from consumers are very apparent,” said Retail Doctor’s Walker. “There’s a growing market that doesn’t want to eat in plastic chairs at plastic tables in a plastic environment.”Source: The Asian AgeImage: flickr.com

Wednesday, 22 April 2015

K-Beauty Goes Global


Backed by the strong Korean Wave fever, Korea’s cosmetics brands are actively expanding their presence in overseas markets. Korea’s cosmetics outlets expand from Chinese countries toward North America, Europe, the Middle East, and Central Asia. In addition to major brands such as AmorePacific and LG Life Sciences, mid-sized local brands, including Missha and TonyMoly, are riding high on the K-Beauty fever. After years of suffering deficits, the nation’s cosmetics trade turned profitable last year, first in history. Korea’s cosmetics exports amounted to US$1.92 billion last year, up more than 50 percent from a year ago, exceeding the amount of imports ($1.69 billion). The upturn in Korea’s cosmetics trade was driven not only by major brands but by smaller brands, including Able C&C’s Missha. Missha launched its cosmetics product lines, including the First Treatment Essence, into 29 countries. In recent days, Missha is expanding its presence in East Europe where it achieved sales of $4.55 million last year, up 38.5 percent from a year ago. Source: The Korea Economic Daily. Source: Article

Sunday, 19 April 2015

TT bags ‘India’s Most Promising Brands 2015’ award

TT bags ‘India’s Most Promising Brands 2015’ award
Sujata Sachdeva: With an excellent understanding of customers’ behaviour, innerwear brand TT has always been in tune with buyers’ capacity to spend. To honour the brand’s popularity in India, World Consulting & Research Corporation (WCRC) has conferred the title of ‘India’s Most Promising Brands 2015’ to TT. Commenting on this hounour Sanjay Jain, Managing Director of the company said, “It is a morale booster for us. We now know that the brand has much more potential than what we have achieved until now. It gives us an inspiration to work harder, motivation to gain more recognition and achieve new milestones.” The company now wants to continue introducing new products under its existing portfolio. A household name, TT is well established both in and India and overseas. A fibre to fashion company, TT is listed on both NSE and BSE. It targets reaching the four digit mark in the next couple of years. Cotton blended products for S/S ’15: For this season, since TT has focused on more on high-end fabrics in categories like modal, spandex and light weight fibers. The company plans to introduce new fabrics, more colours and styles while expanding its range under casual wear category. Elaborating on the range, Jain says, “Apart from innerwear, we do sports and casual wear. We create clothes for men, women and kids. We also have a range of boxers and gym vests. We aim to constantly introduce new products.” Targeting the middle class customers, TT aims to continue catering to the same segment instead of launching premium products. As Jain says, fashion would double in coming years. “If we are looking for premium segment, it means we are looking for a different brand. It is not in accordance with our philosophy as 80 percent of population still goes for basics and we want to fulfill their needs with an affordable price range. But it does not mean we are static in our approach. We will keep pace with the aspiration of young India,” he avers.  EBO addition and online expansion: TT is sold through all retail channels including major large format stores and old traditional channels like distributors and wholesalers. It works with around 500 distributers and wholesalers, who cater to 40,000-50,000 apparel stores. “We have 25 exclusive stores too. For expansion, we are looking for exclusive and online channels as they are the fast growing at the moment. About 200 exclusive stores may come up in next two years. MBO expansion keeps happening regularly. About 70 percent of the revenue is driven by traditional channels. Online sales contribute a very small share to our business as it is still a new medium. We have our online website and have tie up with all the major players in e-commerce players,” informs Jain. The company is expanding in the north and seeing growth in other regions as well. It is present in almost every state. “Now we are trying to consolidate our position. From business point of view, metros and Tier I cities offer more opportunities as they have huge population that certainly translates into good business,” says Jain. With a turnover of Rs 800 crores it is looking to 10 percent growth next year. Annually, it is growing at 20 percent. Source: Article

Tuesday, 31 March 2015

Birla Cellulose launches LIVA, the New Age fluid fabric

Sujata Sachdeva| Monday, 30 March 2015Aditya Birla group company, Birla Cellulose unveiled the much awaited New Age fabric brand ‘LIVA’, with brand ambassador and national award winning actress Kangana Ranaut. At the gala event, it also announced the launch of LIVA Accredited Partner LAPF and also held an exclusive fashion show. LIVA is a natural, fluid, and fashionable fabric which infuses fluidity into the garment. LIVA, the New Age fabric set to rule fashion: “I did not know that fibre can be extracted from wood pulp,” said Ranaut at the launch. “Moreover, what attracted me towards LIVA was the fabric from the fibre which is so fluid, comfortable and fashionable and I simply loved it,” she added. She pointed out that the fabric drapes the body just the right way and wasn’t too boxy or tight. “The fabric moved as I moved. I think it’s the kind of fabric that can go well with any clothing and occasion. Personally, I feel LIVA is going to play a very important role in the world of fashion,” she opined. Hosted by K K Maheshwari, Managing Director, Grasim Industries and Group Director-Textiles, the gala event was attended by leading fashion designers and stalwarts from the textile and retail industry. They came together to experience the world of natural, fluid fashion. Among the attendees were: designer Wendell Rodricks, Puja Nayyar, James Ferriera, Jatin Kochhar and Anita Dongre.  Speaking at the occasion Maheshwari said, “We needed to create a distinctive and relevant end-consumer promise. With years of experience and several intense rounds of understanding, we found one that resonates strongly with the desires and beliefs of customers. Not only does it fully satisfy them on the aspect of being a natural product, it also delights them with its distinctive aspect, which is its soft drape, or ‘fluidity’. I am delighted to announce that we are launching this product under the brand name ‘LIVA’ with the very simple but meaningful and attractive proposition of ‘Natural Fluid Fashion’.” The LIVA Accreditation Partner Forum: The event was also the launch of LIVA Accreditation Partner Forum (LAPF). This is a group of spinners, fabricators and processors who have developed the capability to offer good quality and innovative products (yarns, grey and finished fabrics) made up of Birla Cellulose fibre/fibre blends. The fabrics made by such partners/value chain would be termed promoted and marketed to garment manufacturers, retailers and brands and consumers as ‘LIVA’. It is an ecosystem which has its genesis on consumer need for ensuring quality fabrics to fulfill the LIVA promise, linking different parts of the fragmented garment supply chain. Birla Cellulose is the pulp and fibre division of Aditya Birla Group. The pulp and fibre business is an integral part of the Group and over the years, it has contributed significantly to its growth. It also has a remarkable global position. Birla Cellulose enjoys a leadership position with over 20 percent of global market share. Over the last three years the Group’s investments have been in excess of Rs 4,300 crores and capacities have scaled close to one million tons per annum.Source: Article

Tuesday, 2 December 2014

Tantra introduces 'Modi' series T-shirts

Tantra introduces 'Modi' series T-shirts
Sujata Sachdeva: Tantra the popular T-shirt brand which is also called India's official unofficial Tees', is ready to launch an exclusive range of T-shirts based on pet projects, mantras and sayings of the country', prime minister Narendra Modi. Cashing in on Modi's popularity: The brand's founder Ranjiv Ramchandani says besides introducing the 'Modi' range of tees, the brand also proposes to enter other segments of apparel business. 'Our prime minister is an icon. He was voted by the masses to be the leader of the second most populous country in the world. One may like him or hate him but you can't ignore him. Befitting his personality, we at Tantra have developed a series of T-shirts mirroring some of Modi's pet projects, mantras and sayings. Like our previous series such as 'India On A T-shirt', 'Barking Dog', 'Line Maro', 'Loose Motion' etc, India will take our 'Modi' series head on," explains an optimistic Ramchandani, a copywriter turned brand manufacturer. Earlier too Tantra had introduced a line of anti-corruption themed tees showing a picture of the anti-graft activist Anna Hazare against the red, white and blue background. These had had created a storm as Indian youths, who were participating in the movement against corruption, found them aptly expressive. Spreading brand's reach to the Middle East: The famed T-shirts brand has already made inroads in foreign shores such as New Zealand, England, Japan, US, France, South Africa, Poland, Fiji and now plans to conquer the Gulf countries. The brand now addresses the global youth through cool, funny and pungent messages on products. Besides being creative in art and copy, Tantra T-shirts are of high quality and pocket-friendly. All these add together to put Tantra tees in collegians' wardrobe. When Tantra was incepted in 1997, Ramchandani had decided to make it a cult brand to represent India in its true sense. The brand had set eyes on foreign tourists as Tantra T-shirts gave them an insight into India. "Now, many new domestic and international brands have entered the market. But, Tantra is still far ahead as its creative lines caters to the classes as well as masses," points out Ramchandani. Ramchandani whose headquarter is located in Mumbai's plush Nariman Point has a 'Department of Ideas' from where creative ideas take concrete shape. Leading a battery of creative professionals, Ramchandani classifies life as 'simple' and 'meaningful' which gets reflected in Tantra's T-shirts.Source: Fashion United

Wednesday, 12 November 2014

Classic Polo buoyant about demand in menswear category

Classic Polo, the popular brand from Royal Classic Group, is buoyant about increasing demand in the menswear category across India. The brand has launched its festive collection inspired from nautical elements and sailing over rough seas. The collection features innovations like super fine mercerized tees, indigo shirts, fine jacquard and dobbin’s, premium linens, Linen blends. Striving to be a leader in menswear: Launched in 1992, the Tirupur-based brand has undergone many adaptations and challenges to match the constantly changing styles and demands of the market. Today, it has evolved as a leading national brand with presence across India and holds about 10 percent share of the organized market in its category. In the last five years Classic Polo has doubled its growth rate. The product portfolio of Classic Polo includes polo tees, graphic tees, double mercerized tees, casual shirts, fashion trousers, denim, and corporate formals. Catering to a wider demography Classic Polo’s price bracket ranges from Rs 899 to Rs 1,799. The brand primarily designs for style savvy, classy young executives, mid management personnel and elderly professionals ranging from 25 to 40 years. Equipped with designing innovation and a wide variety of collections, the brand has gradually expanded its product portfolio from classic tees to trousers, denims and accessories. A major share of Classic Polo’s entire portfolio is that of casual shirts, made out of 100 percent cotton fabrics with enzyme wash. The fabric options are plain, striped, checks, jacquards. The brand also offers complete executive line collection in 100 percent cotton and cotton polyester blends. Classic Polo also has structured, formals, core trousers in its collection. Offering a complete wardrobe for men, the brand has extended its product range into slim fit and skinny fit denims, innerwear, lounge wear and accessories. The collection of accessories includes socks, belts, wallets and handkerchiefs. Soon the brand will include cuff links in its accessories range. Classic Polo is currently retailed through 73 exclusive brand outlets, 4,700 multi brands outlets and 123 large format stores across India. Source: Fashion United

Sunday, 5 October 2014

Pantaloons associates with ‘Bang Bang’

The lead pair of forthcoming Bollywood release ‘Bang Bang’, Hrithik Roshan and Katrina Kaif took to the ramp to unveil a clothing line by Pantaloons, now a part of Aditya Birla Group, inspired by the film. Dressed in a semi-casual ensembles the pair looked relaxed and in their elements. While Katrnia Kaif looked pretty in a white top paired with ripped denim and a black jacket, Hrithik Roshan flaunted a white T-shirt and blue denim paired with a military green jacket. Besides interacting with the media, they also shook a leg on the ramp. Pantaloons has been shifting its focus to private fashion labels, which it believes can bring in better margins. The retailer recently launched three new private brands exclusively for men, infants and plus size individuals. These brands include Byford, a British country inspired sport lifestyle brand for men, Moda targets plus sized individuals and Chirpie Pie is created exclusively for infants in the age group 3-24 months. Source: Fashion United

Friday, 12 September 2014

Rocket confirms Frankfurt's 750 million euros IPO

Investment firm AB Kinnevik has confirmed what all in the trade have been waiting for over the past weeks: Rocket Internet AG intends to proceed with an initial public offering (IPO) on the Frankfurt Stock Exchange in 2014. Although the exact date of floating is still to be confirmed, the parent group to fashion e-commerce platforms Zalando, Lamoda, Dafiti and Zalora, is aiming to raise up to 750 million euros in proceeds. “The IPO is a natural next step in Rocket's development as it establishes an even stronger foundation to support the acceleration of its international growth strategy," said Lorenzo Grabau, chairman of the Supervisory Board of Rocket Internet and CEO of Kinnevik. The IPO is intended to take place later in 2014 and the offer is expected to consist solely of new shares from a capital increase, as the company explained Wednesday. The new shares will be of the same class and bearing the same rights as shares held by current Rocket shareholders. Besides, all existing shareholders of Rocket Internet will remain invested and will not sell any shares as part of the offering, meaning that Global Founders (the investment vehicle of Oliver Samwer, the founder and CEO of Rocket, and his brothers), Kinnevik, Access Industries, Philippine Long Distance Telephone Company, United Internet and HV Holtzbrinck Ventures and some of their affiliates will remain a decisive part of the Internet giant´s shareholding. Grabau pointed out that "Rocket Internet has shown tremendous growth over the past years and has proven that its operating platform is a unique basis to consistently create and scale market leading franchises across the five continents.” In this regard, Rocket´s founder and CEO, Oliver Samwer, explained that “Taking our company public is the next step in our journey to build the world's leading Internet platform outside of the United States and China." Rocket´s current shareholders to remain invested for the next stage Kinnevik also assured that all six shareholders will sign lock up commitments not to sell or otherwise dispose of their shares for at least twelve months, reaffirming their commitment with the company. Grabau sealed its company´s commitment in this new stage by saying that "Kinnevik is very supportive of Rocket Internet's intention to list. Our partnership with Rocket, which goes back to 2009, has created substantial value for our shareholders and has contributed to the transformation of our portfolio. We look forward to continuing to work with the Rocket team as the company pursues its exciting growth strategy to build the world's leading Internet platform outside of China and the United States." Rocket intends to use the proceeds from the IPO – expected to come in at 750 million euros gross - to finance its future growth through the launch of new businesses and providing further equity capital to its network of companies. Meanwhile, Samwer shared his excitement about the upcoming float, saying that "We believe the Internet will play a transformational role in people's lives everywhere, particularly in emerging markets.”Source: Fashion United

Sunday, 17 August 2014

American Swan to introduce youth focused collection

American Swan to introduce youth focused collectionAmerican Swan, a part of the Astro All Asia Networks, and a premium global fashion & lifestyle brand plans to introduce a collection for the youth with fast fashion and trend-led categories. “We already have a complete range in accessories from sunglasses, watches, belts, bags, socks, wallets, backpacks, etc. We will continue to add more styles to these categories,” says Anurag Rajpal, Director & CEO. Last fiscal, the company achieved gross merchandise volume (GMV) of Rs 45 crores. This year, it is looking to push up the GMV figure to Rs 100 crores. Expanding product basket The main theme for American Swan Fall Winter 2014 collection is an outdoors and layered look. There are three collections: the Swan Varsity (a preppy range), Fashion Country (outdoors range) and Swan Aviators (military-inspired range). The collections take up trends from international trade fairs, fashion forecasting agencies and Rajpal’s trips to fashion markets of Milan and New York along with design inputs from global design partners. American Swan is a complete smart casual wear brand with designs rooted in Americana style and European fashion. “We cater to both men and women in apparel, accessories and footwear divisions. Being a smart casual brand, we have broad level categories of tees, Polos, shirts, watches and winter wear for men. For women, at category level we have tees, among others,” says Rajpal.Understanding consumer to expand retail The consumers are aware of world trends, have a considerable exposure and awareness of international brands and luxury trends. “They aspire for western lifestyle and want to be in sync. They are willing to spend on ‘experiences’ and for a value that goes beyond price, for fashion, convenience, service, innovation or quality,” opines Rajpal. “Being an online brand, we are focusing on getting American Swan to our audience and getting brand loyalty and recall. So far the response has been positive and our products have been received well,” Rajpal asserts. However, he adds, the e-commerce market in India is driven by deals and discounts which has pushed up customer acquisition and fulfillment costs while brand loyalty is low. “American Swan, wants to alter that mindset and our differentiator is that we will offer the consumer ‘True Value’. A product that offers great style, quality and a ‘Brand Experience’ that is at par with international standards, at affordable prices,” he adds. Since its launch, the company has balanced both channels: own e-commerce portal and sales through top e-retailers like Myntra, Flipkart, Jabong, Snapdeal and others. “This approach was to get maximum visibility and exposure for the brand. We are using multiple channels not only to position the product but also to identify, engage and acquire the right audience,” sums up Rajpal. Source: Article

Wednesday, 2 July 2014

Advanced Hair Studio "A Grand Solution For The World Cricketing Icons

Jacques Kallis launches Advanced Hair Studio’s latest technology in Mumbai: Ace South-African cricket player Jacques Kallis launched the Advanced Hair Studio’s newly launched technology in Hair replacement, ‘Elite NSG’ in Mumbai recently. The event was held at Trident Hotel, Nariman Point. Kallis, who is also the brand ambassador for AHS claims to have benefited majorly from this technology. For the bald spots and patches where your scalp has gone smooth and shiny, that’s a sign that the follicles
beneath  that particular area are more or less dead. And for that area unfortunately, as of today there is no treatment invented anywhere in the world where they can revive your dead follicles and naturally grow your hair back. So for this area AHS performs world’s most advanced and sophisticated hair replacement procedure. Many other celebrities and sport stars like Ricky Ponting, Michael Vaughn, Martin Crowe have benefited with the Hair Replacement technology. Virender Sehwag too, has undergone the therapy. (Dr. Arihant Surana): So, it was no  surprise that Sahil Madan, now 28, decided, to do something about his receding hairline. He spent Rs.81,000 for the treatment and says he is satisfied with the result. Customers such as Madan—young, urban, well-heeled and just that little bit vain about how they look—are the reason why newspaper s and magazines are replete with before-after ads for hair clinics that offer anything from a treatment to a complete transplant. “Today, we’re not just dealing with extreme cases of baldness. We are seeing a number of young people coming to us to improve the quality and thickness of their hair, so they can
experiment with different  styles and looks,” says Sanket Shah, chief executive officer at Advanced Hair Studio that has branches in India and the Middle East. The company boasts a clientele that includes Warne (who appears in an ad for it wearing a T-shirt saying “No Hair, No Life”), Sourav Ganguly and Jacques Kallis (surely, there must be a connection between cricket and hair?). Not everyone who wants a transplant is necessarily going bald, says Arihant Surana, who has been in the business of implanting hair
for half a decade. “Earlier transplants were linked to baldness; now (people go in for them because) looks also play an important role,” adds Surana, currently medical director (India) at Alvi Armani International, an American chain of hair transplant clinics that claims to have re-maned some of the biggest names in Bollywood and Hollywood, a member of a royal family, a famous football player, and executives at Fortune 500 companies. Indeed, in recent years, grooming has becoming important, even to men, and a mini-boom for everything from beauty salons to cosmetics to hair weaving and hair transplant centres is the result. “India is passing through a phase where grooming is big business. Looking good is considered very important, and more people are spending money on products that do that, especially men. Over 75% of this market is dominated by men. Younger men, as young as
23-24 years old, are increasingly looking at getting hair transplants  done,” says Gaurav Marya, chairman of Franchise India Holdings Ltd, a company that specializes in franchising, which has clients such as Dr A, ADHI India and DHI India. In 2010, the global hair restoration industry was worth $1.9 billion (around Rs.10,260 crore today) and India contributed 14% of that, according to a 2012 report by Francorp, an arm of Franchise India. The market grew at an average rate of 22% over the past three years and is expected to grow by 37% between 2012 and 2015, it said. Analysts said hair care treatment is much more expensive in the West compared with India. The average cost of transplantation in the US is about $4.5 per follicle against just $1.75 per follicle in India, the Francorp report said. And it no
longer appears to be about a mid-life crisis. From 35-40, five years ago, the average age of his patients has fallen to 25-30, claims Surana. Men looking to get married or promoted form the majority of the patients. It isn’t just men. According to Advanced Hair Studio’s Shah, the hair loss problem that was predominantly a “male” issue now also brings in a fair number of women. “Socially, in a country like India, it is perfectly acceptable for a man to be bald. However, this does not hold true for women. Six years ago, 85% of our clients were men and 15% of our clients were women. Today, that percentage of women walking through our doors with hair-related issues has risen to 40%,” he says. The result is a market that is slowly moving towards being more affordable. Arpit Goel, head of marketing at New Delhi-based Berkowits Hair and Skin Clinic, says that pricing has declined with more companies entering the business and better technology. “It’s not for the super rich any more; the upper-middle class, too, can afford it now,” adds Goel who offers services at Rs.1-1.5 lakh, with a facility of equated monthly instalments thrown in. That demand has encouraged hair clinics to
sprout. Advanced Hair Studio, which is present in Mumbai, Delhi, Bangalore, Hyderabad, Chennai and Ahmedabad, plans to invest Rs.250 crore over the next three years to expand its footprint to 15 cities. Rich Feel Health and Beauty Pvt. Ltd has 58 outlets across 27 cities today, and plans to ramp that up to 250 outlets over the next two years, with a capital expenditure of Rs.50 lakh per clinic. A treatment would cost anywhere between Rs.49,000 and Rs.1.99 lakh. And the competition has resulted in a flurry of ads by rival companies. “If you’re out of sight, you’re out of mind,” says Apoorva Shah, the person behind Rich Feel Health, referring to the crowded market for such treatments, which includes a multitude of fly-by-night operators. “You need firepower for expansion, and in that sense, the private treaty has worked well for us. We had a topline of Rs.1.5 crore five years ago. Today, we have a topline of Rs.60 crores.” Shah’s reference is to an arrangement with Brand Capital, a firm that is part of the Times Group. In return for a stake in the company, Shah gets advertising and promotion space in publications run by the group and also claims to author a column on (what else) hair for the group. The Times Group, which publishes The Times of India and The Economic Times, competes with HT Media Ltd, publisher of theHindustan Times and Mint. The preferred method of advertising is the before-after one, says Marya, with most companies preferring to use celebrities. “They are paid well, so they don’t mind appearing in the ads,” he adds. Then, it’s not as if they can hide the transformation in their appearance. Source: Article1, Article2, Open Images In New Tab Or Window To Find Its Source Of Sharing.

Thursday, 22 May 2014

Van Heusen unveils S/S 2014 collection


.Subscribe
Van Heusen has unveiled its Spring/Summer 2014 collection with Bollywood actress Deepika Padukone. The limited edition collection features sheath dresses with scooped out backs, animal print tops, pencil skirts, white knee-length bodycons and full-sleeve fitted black textured numbers. Other than designing the line, Padukone has also walked the
ramp in self-designed pieces at the launch ceremony of the collection in Mumbai, India. The actress is known for her minimal yet classic style, has pitched ideas for the collection, which revolves around old Hollywood glamour where classic meets contemporary. The palate of this co-created line features monochromatic shades like dusty rose pink and cobalt blue.
Arvind is racing ahead with its aim to be a billion  dollar company. It already holds India rights for other brands like Arrow and IZOD through Arvind Lifestyle Brands apart from owing a 50 percent stake in Tommy Hilfiger's Indian unit and now has Calvin Klein operations in India under a single joint venture with PVH. Source: Fashion UnitedImage

Sunday, 18 May 2014

Lollipop Lane plans to establish India presence

With the launch of its baba slings range, British kids’ label Lollipop Lane is looking at growing its retail presence in India. As of now the brand is available through e-commerce platforms in India. “It’s a sling bag for the baby wherein the baby rests in a comfortable position. You can put the baby in the five different positions but since the baby remains in its natural position, it’s always very comfortable and the product is useful for the mother as well,” says Juhi Shah Business Development Manager, Lollipop Lane elaborating on the product’s USP. New offerings for newborns: Lollipop Lane is a decade old brand from Britain, launched in India about a year ago. It offers the entire range of clothing, bedding furniture, furnishing, and bedding sets for babies aged between 0 to 2 years. “We have just started a small range of apparels and are concentrating on the essentials. We have introduced five packs and three packs of plain body suits and sleep suits priced Rs 850 for a set of three and Rs 2,000 for a set of five,” explains Shah. The brand is known to use fine quality, soft cotton. The designs are done by an in-house team based in the UK. Products conform to British standards of safety and quality. No harmful chemicals or dye are used in the manufacturing process. As Shah says, “We use toxin-free fabrics, all the fabrics are soft and tested for babies. We use non-rustic nickel free buttons on body suits so they don’t harm the baby in any way. The zippers are also of the best quality YKK zippers.” Focus on India retail: The brand is relatively new in India and is not offered through brick and mortar stores yet. “Our current target is the online customer and we are going to speak to retailers and hoping to get new business through events like CBME. We are targeting a pan India presence,” Shah explains. Talking about reasons behind introducing the brand in India, she says, “It’s not that you don’t get good stuff in here but we identified a huge gap and so we introduced Lollipop Lane in India. There is competition and at the same time, the customer understands the difference between quality and cost and that will make a huge difference. Our main intention is to help the mother with the best clothing, while creating awareness about the needs of a baby.” Source: Fashion United