Trend Council Debuts in India Textile Market

Apparel Resources reports that New York-based Trend Council, with its trend forecasting platform, will debut in India through their PR representative Troika Consulting which specializes in textile, apparel and fashion industry segments.

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Trend Council offers a subscription-based online Trend Tool for busy designers and fashion professionals delivering expert analysis and design inspiration for ladies, juniors, men’s, young men’s and active wear markets along with consulting services for client’s design needs.

The company compiles comprehensive forecasts making them the ‘go to’ for the fashion community. Their trend portal showcases long term and fast track trends, runway analysis, color, pattern and retail reporting. Some of its brand partners are: Victoria’s Secret, Skechers, Rue21, Zara, Next UK, and C&A.

 

 

 

December 16, 2016   No Comments

WeWork Expands Services to India

New York-based WeWork, the world’s largest co-working  office company, has formed a partnership with Embassy Group, a Bangalore-based real estate firm, and is planning to open locations in Mumbai, New Delhi and Bangalore in the first half of next year, the Wall Street Journal reported.

WeWork CEO Adam Neumann visited India earlier and said, “Now that we saw the energy, we cannot ignore it.” While declining to give specifics on locations, pricing and long-term plans, company executives disclosed that the country’s young population, increasing number of startups and pro-business government policies make India a key location in the company’s global strategy, reports The Real Deal.

WeWork

Embassy Group director Karan Virwani said the partnership will pay special attention to customize spaces to Indian culture, such as recognizing that Indian food is “aromatic” and may not be enjoyed by everyone in nearby work spaces.

December 8, 2016   No Comments

India and Los Angeles, Much Closer Than You Might Think

Los Angeles is the top ranking U.S. customs district with trade exceeding $393 billion in 2015. Despite being halfway around the world from, India is a Top 10 trading partner with Los Angeles, actually ranking ninth and ahead of Pacific Rim countries such as Australia (#10), Indonesia (#12), and Philippines (#15).

According to US Trade Numbers, Los Angeles traded $9.8 billion with India in 2015, with American exports at $4.1 billion and imports at $5.6 billion.

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Port of Los Angeles (Creative Commons Photo, Wikipedia)

Top exports to India from the Los Angeles area include

  • gold, silver and unmounted diamonds
  • telecommunications equipment, including phone and parts
  • agricultural products especially tree nuts and cotton
  • medical technology, medical devices and instruments
  • computers
  • petroleum products.

Top Imports from India direct to the Los Angeles customs district include

  • jewelry, jewelry parts and diamonds
  • seafood
  • gasoline
  • textiles: linen for bed, bath, kitchen; clothing for men and women
  • furniture parts

For India the top five U.S. customs districts are New York with $19.7 billion of trade, Los Angeles with $9.8 billion, Atlanta with $4.2 billion, Houston with $3.9 billion, and Chicago with $3.8 billion in 2015.

If you scan the Los Angeles customs district by commodity, India ranks highly in several categories. For example India is the largest recipient of diamonds from Los Angeles, exceeding such famous destinations for these stones as Israel and Belgium. For gold exports, India is third, ahead of the United Kingdom, China, Canada and Mexico.  India is the sixth largest recipient of cotton from the Los Angeles district, ahead of Taiwan, Pakistan, Japan, Germany, Spain, Bangladesh and Egypt.

Technical products

In phone equipment, India ranks fifth and receives more American exports than Taiwan, Mexico, South Korea, the United Kingdom, Japan, Germany and Brazil! For medical devices, India is ranked ninth, which is ahead of France, the United Kingdom and Taiwan.  For computers, India ranked #13 in the year 2015 for exports from the Los Angeles area.

The Upshot

Trade between Los Angeles and India will continue to rise disproportionately compared to U.S. trade overall. We expect this trend to continue at least until 2025.

 

 

 

October 29, 2016   No Comments

Pope Francis Canonizes Mother Teresa

Already regarded as a saint by her followers, Mother Teresa was officially canonized on Sunday, 4 September in Rome, by Pope Francis, and she is now known as Saint Teresa of Calcutta. Mother established the Missionaries of Charity, a family of Sisters, Brothers, Fathers, and co-workers, in Calcutta (now known as Kolkata) in 1950. By 1997, the Missionaries of Charity had almost 4000 Sisters working in 610 foundations, in 450 centers in 123 countries across the six continents.

Mother Teresa’s first visit to the U.S. was in 1982 when she visited three campuses: Harvard University, Georgetown University, and Thomas Aquinas College, where she served as that year’s Commencement Speaker and received the college’s highest honor, the Saint Thomas Aquinas Medallion.

The first Missionaries of Charity home in the United States was established in the South Bronx, New York. By 1984, it had 19 establishments all over the country. On Christmas Eve of 1985, Mother Teresa opened “Gift of Love” in New York, her first house for AIDS patients. In the coming years, this home was followed by others, in the United States and elsewhere, devoted specifically for those with AIDS. In 1994, she spoke passionately against abortion in her address to 3,000 guests at the National Prayer Breakfast, Washington D.C. February 5.

Mother Teresa’s 1995 visit to the U.S. ended in Mahanoy City, PA, where a branch of her Missionaries of Charity had just been established at St. Joseph Church.

At 9:30 pm, on 5 September, Mother Teresa died at the Motherhouse, Calcutta. The Government of India honored her with a state funeral on 13 September: her body was taken in procession on a gun carriage, that had also borne the bodies of Mohandas K. Gandhi and Jawaharlal Nehru, through the streets of Calcutta.

Navin Chawla, a biographer of Mother Teresa and a former Chief Election Commissioner of India, says: Mother Teresa’s greatest miracle was her life itself. Armed only with an abundance of faith, she created a multinational organization that served her special constituency of the ‘poorest of the poor’.

India’s Department of Post has released a new commemorative postage stamp, on the event. A specially designed cancellation featuring the Mother on a silk envelope that includes a five-rupee commemorative coin issued by the Indian government in 2010 to mark her centenary birth celebrations, is shown below:

Saint Teresa of Calcutta

 

 

 

 

 

 

September 3, 2016   No Comments

Tinder Rolls Out Group Chat Features in India

InterActiveCorp, New York-based Tinder is launching a new feature, Tinder Social, that allows groups of friends to discover each other and meet up. The company chief told the BBC that this move marked the “first step that we’re taking to make Tinder more social and a little broader when it comes to the types of connections we want to enable”.

Tinder Logo

To use it, users must first:

  • opt in to the feature within the existing app
  • select who they are going out with from members that have signed up to the service
  • say where they are going
  • say what they plan to do

The next day, the group chat expires, and individual members need to like each other to stay in contact, assuming they have not already swapped other contact details, reports BBC.

Tinder Social is now being rolled out in the U.K., U.S., Canada, Australia, New Zealand and India.

 

July 25, 2016   No Comments