Shoppers Stop betting big on beauty space

Despite the adverse economic conditions, the K Raheja owned Shoppers Stop is betting big on the beauty space reports Moneycontrol.com.

shoppers-stop-retail-outlet

According to Rajiv Suri, Managing Director and Chief Executive Officer, Shoppers Stop, the company is on track to achieve its target of opening 50 stores in the current financial year.

“This year, we have opened 28 stores (eight department and 20 beauty) and plan to open 22 stores (four department, 11 beauty and seven airport stores) by March,” said Suri.

It operates over 300 departmental stores, spanning 4.4 million square feet, in 50 cities across India.

The last quarter saw a 9.6% jump in revenue from the beauty segment which has led management to focus on this opportunity and see if it can be propelled further. It is present across more than 400 fashion brands and 32 fashion categories.

Aldi ready to mark World Book Day with key licences

Retailer’s dress-up offer includes popular characters such as Harry Potter, Mary Poppins and Dennis the Menace.

Aldi is gearing up to mark World Book Day 2020, featuring a number of licensed brands within its dress-up and publishing offer.

The retailer’s licensed dress-up range went into stores on February 13 as part of its Specialbuys, ahead of World Book Day which takes place on Thursday March 5.

Aldi is offering five designs including Rapunzel, Cinderella, Harry Potter, Mary Poppins and Dennis the Menace.

In addition, children can pick up the Harry Potter Paperback Books 1-3, as well as Horrid Henry Paperback Books which include six tales to choose from.

The retailer’s selection of Fairytale Picture Flats, meanwhile, includes a number of classic tales such as Aladdin, Cinderella, Sleeping Beauty, Snow White and Rapunzel.

source: https://www.licensingsource.net/aldi-ready-to-mark-world-book-day-with-key-licences/

Record numbers expected for Bloomberg Square Mile Relay Mumbai 2020

Mumbai, February 15 2020: The annual Bloomberg Square Mile Relay has exceeded entries of last year’s race, as it returns to Mumbai for the second time on Thursday, 6th March 2020, following a hugely successful inaugural event in 2019. Organisers have said that businesses are registering in large numbers and anticipate the number of teams on the start line to be significantly up from last year.

Square mile logo

Some of the city’s major companies will again take to the start line, including the likes of Axis, Barclays, Edelweiss Financial Services, Federal Bank, Google, IDFC Bank, LinkedIn, Macquarie, Mastercard, Michael Page, Nomura, Reserve Bank of India, SBI Funds Management, Standard Chartered among many others.

The internationally-renowned annual event, which also takes place in 11 other cities across the world, will see the city’s top businesses to come together, as teams of ten employees each take turns to run the unique one-mile (1.6km) route at Jio Garden, BKC, all in a bid to be crowned the fastest company in the city.

The focal point of the race is to make an important and meaningful contribution to the city in a bigger and better way, through the charity arm of the event called The Extra Mile. This year’s race saw over $20,000 donated to support livelihood programs through the event’s charity partner Magic Bus, working in some of the toughest communities in Mumbai to give young people the tools and resources to get employed. The 2020 event will see 25% of team entry fees donated to another important local cause, focused on using the power of sport to make a lasting difference to the lives of people in the city.

Feedback for the first race in Mumbai was extremely positive, with a participant from Standard Chartered commenting: “I have attended many running events, but this event stands out. It was a fantastic evening, very well organized and an awesome post run party. Can’t ask for more. Keep up the good work, you have set a high benchmark!”

James Hassett, Managing Director of Square Mile Sport, the owners of the event, said:

“We’re all really excited about returning to Mumbai after such a brilliant first year, as we loved how the city really embraced the relay and the reaction has been fantastic! Corporate wellness is an increasingly important issue for corporations in the city and the fantastic energy and infectious enthusiasm the relay brings goes hand-in-hand with companies wanting to improve the well being of their employees.”

“We are incredibly proud to be working alongside Bloomberg, positively impacting corporations and the community in Mumbai and look forward to many more successful years in the city. This year is shaping up to be a memorable one, so I encourage anyone thinking of their business taking part, to come and experience it first hand – it’s an event like no other!”

For more information about the race go to: www.squaremilerelay.com/mumbai

Runners at the start of the 2019 race on 15 March, 2019

Inaugural Fastest All-Female Team winners, Nomura on the podium at the 2019 race.

“Retail is facing the greatest period of disruption in living memory”

World’s biggest retailers to take on the digital evolution and ailing high street at Retail Week Live 2020.

Senior business leaders from the world’s biggest retailers will be tackling the issues contributing to unprecedented challenges in retail following the worst year on record for the industry in 2019.

Dave Lewis (ceo, Tesco), Peter Jelkeby (country retail manager UK & Ireland, Ikea), Richard Walker (md, Iceland Foods) and Beth Horn (head of industry for retail, Facebook) will be among 200+ influential figures speaking at Retail Week Live 2020, which is taking place on March 25-26 at The Intercontinental London.

The digital evolution, sustainability, the declining high street and how to win business from the increasingly conscious consumer will be addressed in a packed programme at the event.

The two-day conference provides delegates with ideas, insights and the tools required to lead through the digital transformation in a series of strategic sessions, workshops and seminars.

The opening keynote will come from Iceland’s Richard Walker, who will speak about ‘democratising environmentalism and business as a catalyst for a step change in sustainability’.

This year’s theme – Retail Evolved: Thriving in a Digital World – will see a number of leaders from global brands taking to the stage. As well as those already mentioned, these will include Amazon, The Body Shop, Starbucks, McDonald’s, Primark, Boots, Green & Blacks, Sweaty Betty, Sainsbury’s, Crosstown Doughnuts, LEGO, Hema and Pets at Home among others.

“Retail is facing the greatest period of disruption in living memory,” said Hannah Tovey, programme director of Retail Week Live. “Retail and commerce businesses know that they cannot keep up with the pace of change alone. Building an ecosystem that will fuel growth has become critical to success and this is where the new Retail Week Live comes in.”

Source: https://www.licensingsource.net/retail-is-facing-the-greatest-period-of-disruption-in-living-memory/

NuonX freestyle a hand-crafted collection for today’s youth by Bubble Design

It all started in August last year when Umashan Naidoo, the head of menswear at Tata Trent, saw a group of people beautifying a wall in Bandra, Mumbai. He immediately contacted the husband wife duo of design studio Bubble Design and wanted to know how he could collaborate with them to create a funky line of clothing for the youth which is inspired by local speak – thus was born the NuonX freestyle capsule collection.

 

Nuon, is a youth oriented private label brand by Tata Trent’s Westside.

As Neisha Sylva, Business Head of Bubble Design explains, “Over the years Bubble has worked to give new-comers each with their own artistic capabilities and opportunity a platform to showcase their skills.

For this particular collaboration, four local artists were shortlisted Akshay Lushte (who wants his art to touch peoples lives), Chaitrali Kadam (who used to conduct art classes to supplement the family income), Radhika Gohil (a student who supports her family by way of freelance gigs that come her way) and Sandeep Shelar (an uber driver with a highly versatile illustrative style).

Vivek Sylva, creative head, Bubble Design, explains how once the brief was received, they dove straight into researching each of the 7 shortlisted themes. From finding the right fabric to integrating with the logistics at Trent to deliver on the brief. All of it finally came together at Trent’s fabrication unit in Tirupur. Akhila Chandrashekhar from the purchase department at Trent commented that this range would be a great way for the youth to express themselves. We wish them all the best with such future initiatives.