While this brave new world of effortless shopping may seem great for consumers, it might provoke a race to the bottom among retailers. Abraham disagrees. “We’re solving probably the biggest problem that exists for [small retailers], which is giving them exposure on the web and doing it in a way that doesn’t require a lot of technical investment on their part,” he says. The Milo team has been testing a plug-in to make it easy for small retailers to integrate their inventory into eBay search, which would put the local indie shoe store in the same league as mega-retailers like Foot Locker and Zappos. “It levels the playing field,” concurs Alanna Klein, owner of children’s clothing store Honeys & Heroes in Palo Alto. Like many small retailers, Klein, even in an affluent suburb, has been struggling to find new customers. She’s beta-testing Milo’s plug-in. “Now when someone’s searching for a specific piece of … [Read more...] about How Jack Abraham Is Reinventing EBay [Update]
Town and country magazine
Larsson had signed a deal last year with Huawei to promote its smartphones. The 22-year-old singer, in an interview with broadcaster TV4, said that she has ended her contract with the number one smartphone manufacturer in the world, stating that China "is not a nice state” and she did not want to support what the country “was doing.” … [Read more...] about ‘It’s not something I stand behind’: Swedish singer Zara Larsson ends her collaboration with Huawei
In recent years, eco-friendly brands have been working to return to natural dying methods. Clothing brand Pangaia and bedding brand Buffy color fabrics using dyes extracted from plants, fruits, and vegetables. But these approaches aren’t perfect. When I spoke to Shoaib Kabani, Buffy’s founder, he said that it is hard to find manufacturers that use natural dying methods because it is far slower and more expensive than synthetic dying methods. On top of that, natural dyes sometimes create inconsistent colors from batch to batch. … [Read more...] about Scientists are growing psychedelic cotton in the lab
"The sector was already reeling under pressure during pre-COVID and current demand is very low. In the near-term, the trend will be volatile due to uncertainty and over-optimism recently. In a medium to long-term basis, the commercial vehicle sector will turn out as a dark horse and auto as a good candidate of contra-bet," said Nair of Geojit Financial Services. … [Read more...] about July auto sales signal recovery: Should you buy stocks from the sector?
- Phase 3 (2014 to 2019) – Successful domestic acquisitions: Having learned from its mistakes made in the preceding phase of international acquisitions, Pidilite resumed its focus on frequently acquiring smaller domestic competitors in its core business. For example, Bluecoat has been acquired for ~Rs 260 crores (6% of FY14-19 operating cash flows) and Suparshva for an undisclosed consideration. These acquisitions have turned out to be substantially RoCE accretive for Pidilite. The firm has also deployed ~Rs 300 crores over FY14-19 (~7% of operating cash flows and ~2-3% of capital employed over this period) to acquire businesses in adjacent categories (CIPY – floor coatings; Nina and Percept – waterproofing contractors) and has formed JVs with MNCs like ICA for niche products like wood finishes. These businesses have shown significant improvement in financial performance post-acquisition. In addition to disciplined capital … [Read more...] about Saurabh Mukherjea’s investment mantra to navigate through a crisis: Part-2