In the Union Budget presented on February 1, the Finance Ministry proposed to increase import duty on wooden furniture to 30 percent from the current 20 per cent. The ministry has also proposed to increase import duty on wooden furniture to 30 percent from the current 20 percent. … [Read more...] about H&M keen to bring its furniture business to India
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The other exec Bloomberg says will soon depart is Duco Pasmooij, a longtime operations VP at the company who in recent years has moved to the company’s augmented reality division. As an operations VP, Pasmooij spent years overseeing product operations related to the iPhone. … [Read more...] about Apple just lost its VP of manufacturing design, while another ops exec is looking to leave
In 2018, Patagonia founder Yvon Chouinard changed the company’s mission statement to “Patagonia is in business to save our home planet,” and sees film as a key tool in getting the rest of us to feel the same way. Last year, in a Fast Company cover story, he said: … [Read more...] about Patagonia’s new film celebrates activists fighting urban oil drilling in L.A.
"We are disappointed with the import duty hike but we will not hike the prices as then it will not be called affordable," Betzel said on the sidelines of RAI Retail Leadership Summit 2020."Affordability is so important for us. The hike in import duty will have an impact on the business, our way forward and on our volumes," he added. … [Read more...] about IKEA India won’t increase prices post-import duty hike: Peter Betzel, MD