Eight Roads Ventures, the global investment firm backed by Fidelity, has pumped in an additional Rs 23 crore in its existing portfolio company, Chennai-headquartered optical chain Specsmakers.The proceeds from the internal investment round will be used by the 13-year-old firm to create an omni-channel presence and focus on building the digital and technological capabilities of its e-commerce business, an official statement said. The company plans to focus extensively on the online-to-offline model while adding stores in new geographies, the statement added. “Daily retail sales are back to pre-Covid levels due to Specsmakers’ unique strategy of accessible, neighbourhood stores, coupled with proactive scheduling of eye tests to maintain social distancing,” Ashish Venkataramani, principal at Eight Roads Ventures, said. Specsmakers said it has witnessed a 300% growth in online orders since the launch of its e-store, after the Covid-19 pandemic triggered lockdown came into … [Read more...] about Eight Roads Ventures invests Rs 23 crore in Chennai-based Specsmakers
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There are rumors that Apple might be making the first substantial changes to the iOS home screen, the biggest since the company first added folders and custom wallpapers with iOS 4. The first major addition is said to be a new list view which, according to 9to5Mac, will offer an Android-esque view of all the apps on your device with a variety of sorting options — including Siri suggestions. iOS 14 is also rumored to bring new wallpaper settings that will loop in third-party apps for the first time. … [Read more...] about Apple WWDC 2020: iOS 14, ARM Macs, hardware rumors, and what else to expect
He points to a study from the London-based Centre for Economic Policy Research showing that one month of unemployment at age 18-20 causes a lifetime income loss of 2%. Tamesberger says that longer bouts of joblessness when young increase the likelihood of future stints without work because people miss out on gaining skills and experience needed to keep up in the jobs market. … [Read more...] about Coronavirus ‘Class of 2020’: Europe’s lost generation?
“So to me, he's gone into this relationship with his eyes wide open or should have,” added Davis. “And we can believe that from the lyrics from his songs and his life history that he knew at the time he married Nicole, it was at least possible they weren't going to work out. That he knew going into the marriage that it could end in a divorce.” … [Read more...] about Dr. Dre, Nicole Young will likely ‘want to put a bow’ on divorce ‘quickly,’ expert says: ‘They’re… savvy’
My mental moodboard is full of stylish shorts imagery — Jackie Kennedy yachting off Cape Cod in her crisp high-waisted Bermudas, Cindy Crawford bounding down the beach in her 1990s cut-offs and, more recently, the host of celebrities who’ve embraced the cycling shorts trend kickstarted by Chanel as a cool new take on ‘summer in the city’ dressing. … [Read more...] about Summer of the big short: Think you can’t wear shorts? This season’s Bermuda styles are the most flattering ever