As Coronavirus Lockdowns Hit Supply Chains, Luxury Fashion Is Not Immune

Topline: Luxury retailers have been hit by a double-whammy of falling demand from Chinese buyers, and lockdowns across major manufacturing regions in Italy that have now spread nationwide. Suppliers of textiles and leather goods told Reuters that demand had been slashed from the likes of Gucci, Prada and Salvatore Ferragamo. “We were producing 880 to 1,000 bags a month for Gucci. In February we made 450 and we have no orders for March,” one owner of a supplier to the Kering-owned luxury brand told Reuters. Italy has the largest cluster of Covid-19 cases outside…

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Tourism hit from coronavirus will carry into 2021, travel experts say

NEW YORK – Even as infections of the novel coronavirus seemed to be slowing at one point last week, the effects of the epidemic on the global tourism industry were accelerating rapidly. The impact of the pneumonia-like disease caused by the COVID-19 virus is already being felt across Asia, where leisure and business travel contributed $884 billion to gross domestic product in 2017, the most recent year for data compiled by the World Travel and Tourism Council. (Estimates for 2018 are about $1 trillion.) For China alone, inbound tourism brought in…

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Poorest hit hardest by cuts to public health spending – research

Worst-off areas have lost six times as much funding to tackle health problems such as obesity as best-off areas, finds analysis. Photograph: Clara Molden/PA England’s poorest communities have borne the brunt of almost £900m of cuts to public health spending, despite them having higher rates of disease, research has revealed. Places with high levels of deprivation such as Liverpool, Blackpool and Birmingham have lost much more of their budgets to prevent problems such obesity and smoking than better-off areas. One pound in every £7 of the £871.6m that has been…

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Giant balloon dresses hit the runway in fashion show

A burgeoning designer’s career just blew up. With notable alumni that include Alexander McQueen, Stella McCartney and Phoebe Philo, the Central Saint Martins’ annual BA fashion show is one to watch — and that was proved again Thursday, when this year’s closing designer looks came down the runway. Norwegian designer Fredrik Tjaerandsen translated his experience from working at Balenciaga to Louis Vuitton into show-stopping closing numbers. Models appeared on the runway with — or even in — giant balloons. After slowly deflating them, they transformed into rubber dresses. He won over the crowd and…

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Huawei says it will hit $100 billion in revenue for 2018

  Zhang Peng | LightRocket | Getty Images People try using Huawei smartphones at an exhibition. Huawei’s revenues will in 2018 surpass $100 billion for the first time, a top boss at the Chinese tech giant said Thursday. Speaking to CNBC in Mandarin via a translator, Eric Xu, one of the rotating chairmen at Huawei said that business is growing “slightly better” than had been expected. “There is no problem that we can hit the $100 billion mark,” Xu said, in a translation that was verified by CNBC. Xu did…

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Apple Says US Tariffs on China Would Hit ‘Wide Range’ of Products

A “wide range” of Apple products including the Apple Watch would be affected by proposed US tariffs on Chinese goods, the company told US trade officials, but gave no sign of an impact on its iPhone cash cow. Apple did not disclose specific revenues for most of the affected products, but of those the Apple Watch may be the biggest seller. It brought in about $6.1 billion (roughly Rs. 44,000 crores) in revenue last year, according to an estimate from analyst firm Bernstein. That represents a small portion of Apple’s $229 billion (roughly Rs.…

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Drug-related mental health admissions in NHS hit record high

The annual number of hospital admissions in England with a diagnosis of a drug-related mental or behavioural disorder has reached an all-time high, figures show. There were 82,135 hospital admissions in the year to April 2017 with a primary or secondary diagnosis of drug-related mental and behavioural disorders, according to the NHS figures. That compares with 81,904 over the same period a year earlier and 38,170 in 2006-07. However, the number of admissions with a primary diagnosis of drug-related mental and behavioural disorders was down 12% on the previous year, to 7,545.…

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Walk, do a household chore, hit the gym: Live long by being active for 30 min daily

How active are you in your everyday life? If you find that you are not even engaged in physical activity of any kind for even 30 minutes a day, it’s time to find time to exercise and change your lifestyle. The Prospective Urban Rural Epidemiology (PURE) study involving more than 130,000 people from 17 countries, led by the Population Health Research Institute of McMaster University and Hamilton Health Sciences, showed that any activity is good for people to meet the current guideline of 30 minutes of activity a day, or 150 minutes a…

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Dengue cases double, posh localities hit hard

All major cities in Gujarat see similar rise in one week. The sting of the dengue carrier mosquito, Aedes aegypti, is getting sharper and deadlier, and more of its victims are dwellers of posh neighbourhoods than those living in slums.General physicians and intensive care specialists have now warned that if dengue “fever with chill” is not reported in the first two days, then the complications arise often causing renal and even liver failure. The most prevalent viral strain of dengue is DenV-3, which is already rising in worrying proportions in…

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HIIT Is A Hit With Athletes

The workout du jour is high-intensity interval training, and this is one format that might be here to stay. It requires only a few minutes of (really) hard work to cover all the major muscle groups. HIIT, as it’s called, alternates short periods of all-out activity with even briefer breaks. Just how short is short? Typically 20 to 30 seconds of work followed by 10 seconds of recovery – spiking metabolism and tricking your body into thinking it rested. Although a four-minute workout is better than a no-minute workout, there’s…

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