New Delhi: Jewellery brand CaratLane accelerated its growth rate as offline sales bounced back with the opening of more markets in Q3 and improvement in the customer sentiments during the key festive period. In an interaction with ETRetail's Varun Jain , Mithun Sancheti , founder and managing director of CaratLane, spoke about the impact on business during the lockdown, changes in consumer buying behaviour and the future of the jewellery industry. Edited excerpts: What has been the impact of COVID-19 on your business? Is the business back on track? In March, like everyone, we were totally unprepared. We had to relook at all our plans - marketing, merchandising, etc and reassessed all of them. We stopped all our marketing activities completely. However, in the initial phase of the lockdown, although we had stopped shipping, we noticed people browsing and placing orders - irrespective of very high lead times due to no clarity on when the lockdown would be lifted. … [Read more...] about Jewellery industry will need to focus on lower price points: Mithun Sancheti, CaratLane
Sakha design with price
iPhone 11 launch – Apple cuts prices, new services
by Glenn Chapman “The new iPhones are jam-packed with new capabilities and an incredible new design.” – Tim Cook Apple unveiled its iPhone 11 models last night (Thai time) with a price cut for the most basic models while also laying out plans for streaming and gaming services as it bids to weather the slump in the global smartphone market. No major surprises. But in a surprising tone for the tech leader, Apple focussed on ‘price’ as a key strategy in today’s announcements. Price appeared to be a key consideration as the tech giant reduced the entry level price for the iPhone 11 to $699 and undercut rivals for its gaming and streaming television subscriptions. Apple unveiled three versions of the iPhone 11 including “Pro” models with triple camera and other advanced features starting at $999 and $1,099, unchanged from last year’s prices, touting upgraded features including ultra-wide camera lenses. The surprise from Apple was the reduction in the starting price at $699, … [Read more...] about iPhone 11 launch – Apple cuts prices, new services
Inside Katie Price and Peter Andre’s £1million Downton Abbey wedding – that she didn’t enjoy
It took just over a minute for a High Court judge to end Katie Price and Peter Andre's marriage 11 years ago today. The couple sought a 'quickie divorce' after splitting amid a blaze of mystery and accusations almost four years to the day of their epic Cinderella-themed wedding. Their bash was even bigger than the Beckhams', who only scored a measly £1million magazine deal compared to Katie and Peter's £1.75million exclusive with OK!. And the occasion was as OTT as the price tag. Despite rumours they were planning to marry in Scotland and celebrate their union with a giant boob cake, the couple actually got hitched at Highclere Castle in Berkshire - aka Downton Abbey. Katie, then 26, arrived in a pumpkin-style pink carriage pulled by six white horses down the estate's mile-long drive. Not one to shy away from making a statement, the bride dazzled in a princess-style pink tulle and satin dress designed by Isabell Kristensen, which boasted an unmissable seven-metre train. … [Read more...] about Inside Katie Price and Peter Andre’s £1million Downton Abbey wedding – that she didn’t enjoy
Finance: Drop in oil prices can be a good thing
PHUKET: When it comes to investing, many make it more complicated than it actually is. What I try to do is use common sense and simplify the process. The two big factors driving global markets right now are central banks and the drop in oil prices. Banks have been pumping trillions of dollars into the global financial system ever since the financial crisis of 2008 and 2009. This flood of money has caused the ‘bull run’ in stock prices over the past few years. A lot of people were worried that all the printing by central banks was going to create inflation. This is what the gold bugs have been saying for the past few years. However, inflation has remained low and that’s why gold has dropped from more than US$1,900 an ounce to under US$1,300. With oil prices now dropping from more than US$100 a barrel to less than US$50, that will further keep inflation in check. This is all good news for the stock market because inflation and stocks do not like one another. Inflation makes things … [Read more...] about Finance: Drop in oil prices can be a good thing
Vivo Introduces the Key Features in the Brand New vivo Y51
Could you introduce us to vivo’s Y series? What are some of the key features in the brand new vivo Y51? vivo’s Y series is a very well-known as a ‘youth-oriented’ series which produced based on the needs of the younger generation at desirable price ranges. This series is distinguished for its innovative and trendsetting technologies along with vibrant colors and design to support the day - today tasks of tech-savvy young audience. The recent addition of Y51, vivo focuses to upscale the Y series with additional features to capture clear shots and deliver excellent and long-lasting experience. In Y51, there are many features such as 8GB RAM+128GB ROM and a massive 5000mAh battery with 18W Fast Charge technology for seamless functioning of apps and uninterrupted smartphone experience anywhere, at any time. Y51 features 48MP Rear camera in an AI Triple camera set up supported by multiple shooting modes such as Super Wide-Angle Camera, Super Macro Camera and Super Night Camera … [Read more...] about Vivo Introduces the Key Features in the Brand New vivo Y51