Business

Hair and beauty salon Annabelle’s wins the trophy in its first year of business

A business that opened only 16 times ahead of the initially coronavirus lockdown in March has obtained a consolation for a tricky initially yr of investing.

Boutique hair and beauty salon Annabelle’s gained the Bishop’s Stortford Xmas shop window competitiveness organised for the 11th successive yr by Isabel Hospice.



Nicola Holmes and her ‘glam squad’ initially opened their doors in the previous Substantial Avenue premises of estate agent David Lee on March seven. The salon has because been shut much more than it has been open as a consequence of Covid-19 pandemic limitations on personal treatment companies.

Winner Annabelle’s, the hair and beauty salon in Substantial Avenue. Pic: Vikki Lince (43636665)

Annabelle’s – named after Nicola’s daughter – was a single of 28 retailers and salons stretching from Northgate Stop to South Avenue that supported the competitiveness organised by Renee Good friend, the Isabel Hospice fundraising stalwart who chairs its

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Raymond CMD cautiously optimistic about business recovery amid coronavirus pandemic, Retail News, ET Retail

NEW DELHI: Diversified group Raymond, which has its the vast majority business interests in textile and apparel sectors, is “cautiously optimistic” about recovery amid the COVID-19 pandemic, its Chairman and Taking care of Director Gautam Hari Singhania has stated. Seeking at the 2020-21 fiscal as a “full washout”, the group expects this fiscal to end on a flat be aware in terms of expansion prospects with businesses getting strike in the very first six months of the latest fiscal by the pandemic-similar disruptions.

On getting asked about expansion anticipations, Singhania explained to “the group has passed by means of a very difficult period for the final six months when anything was closed” because of to the pandemic, so there would be no expansion this fiscal.

On getting asked about business recovery going in advance, Singhania stated: “I imagine there would be cautiously optimistic recovery”.

He, nonetheless, stated that the group

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Levi’s, H&M report sharp fall in India Q3 sales as pandemic continues to hurt business, Retail News, ET Retail

MUMBAI: Covid-associated lockdowns and stringent limits right after reopening amid mounting number of bacterial infections have taken a toll on two of the most effective global apparel merchants in India – Levi’s Strauss & Co and Hennes & Mauritz.

Each Levi’s and H&M described a sharp drop in their India revenues for the 3rd quarter, dragging their all round performance in Asia.

H&M posted a 58% drop in its India revenues at Rs 183 crore for the duration of the quarter finished August towards Rs 433 crore a calendar year back when Levi’s stated its business in India declined by $51 million, or Rs 380 crore, in the quarter finished September as several states remained in governing administration mandated lockdown.

“Asia as a area declined forty one%, mainly driven by the truth that India, just one of our largest markets in the area, was properly shut in the whole quarter,”

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Indian business sentiment recovers in Jul-Sep: CII survey

Business sentiment in India has bounced back again, in accordance to the new CII Business Outlook Study, which identified inexperienced shoots of restoration the Jul-Sep quarter as virtually 50 % of the respondents expected a increase in new orders (49 for each cent) and product sales (46 for each cent) for the duration of that quarter, even though a bulk of them witnessed drop in product sales and new orders in the preceding quarter.

The most up-to-date CII business self-confidence index surged to fifty.three in the quarter, bouncing back again from its lowest looking through of 41. in the Apr-Jun quarter. The restoration in the index has been supported by the outstanding raise in the anticipations index (EI), which rose by 46 for each cent quarter on quarter to 55.two, as country-wide lockdown constraints have been lifted and organizations steadily started to reopen for the duration of the existing quarter,

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RichRelevance helps Miinto increase business

Miinto, a Scandinavian fashion market functioning throughout Europe, is employing RichRelevance personalisation platform to make improvements to buyer encounter. RichRelevance has aided Miinto triple its business in the previous 3 decades amidst its broad, continually switching product catalogue. The platform aids customers uncover suitable products from countless numbers of webpages.

Miinto has expert a surge of +500 for each cent in inquiries from unbiased retail outlets offering large good quality fashion models due to the fact March. With a sharp drop in retail outlet footfalls, and customers turning to on line searching for fashion requirements, regional stores are acquiring on line marketplaces like Miinto to be a authentic saviour.

Miinto partners with above 2000 stores to showcase more than 5000 models and above 500,000 energetic products, and offers top-quality buyer encounter to buyers. A big reason for Miinto’s digital achievements has been its expense in digital personalisation, AI, and skill

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