Millennials are desperate to buy a home, most willing to pay a mortgage rate above 7%: survey

[ad_1] Sixty-seven percent of millennials regret not purchasing a home when interest rates are lower. (iStock) Most millennials, desperate to get on the housing ladder, would consider accepting a mortgage rate that’s higher than the national average of below 7%, a recent survey said. The post-pandemic housing market has been defined by runaway mortgage rates and […]

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Mehul Choksi’s Gitanjali Gems faces liquidation order by bankruptcy court

[ad_1] Accused fraudulent entrepreneur Mehul Choksi promoted fine jewellery business Gitanjali Gems has been ordered to be liquidated by the National Company Law Tribunal after being admitted under the Corporate Insolvency Resolution Process back in October 2018.  Gitanjali Jewels was one of India’s major fine jewellery brands – Gitanjali Jewels- Facebook “The committee of creditors […]

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Shearer’s Foods under new ownership

[ad_1] NEW YORK — The private equity company Clayton Dubilier & Rice (CD&R) has completed its acquisition of Shearer’s Foods from its majority shareholder the Ontario Teachers’ Pension Plan Board, Toronto. Terms of the acquisition were not disclosed. Shearer’s Foods is a contract manufacturer and private label supplier of salty snacks, cookies and crackers that […]

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Sabyasachi creates exclusive high jewellery collection for Bergdorf Goodman, US

[ad_1] Designer Sabyasachi Mukherjee has created an exclusive jewellery collection for his line ‘Sabyasachi High Jewellery’ to cater to the US market. The collection has launched at luxury department store Bergdorf Goodman in New York.  Sabyasachi’s High Jewellery line – Sabyasachi- Facebook The Sabyasachi x Bergdorf Goodman jewellery line has launched at the department stores’ […]

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These companies are set to make a killing this Valentine’s Day

[ad_1] Christina Stembel, founder and CEO of Farmgirl Flowers, a direct-to-consumer e-commerce flower company, learned that although massive marketing campaigns were geared toward men during Valentine’s Day for flowers, it was women who were often the buyers. HERE’S WHICH US CITIES ARE THE BEST FOR SINGLES TO MINGLE AHEAD OF VALENTINE’S DAY “When I started […]

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Kellanova to close plants in US, UK

[ad_1] CHICAGO — Kellanova is closing two plants — one in the United States and one in the United Kingdom — as part of an effort to drive increased productivity and efficiency. In the United States, Kellanova will close its Eggo frozen food facility in Rossville, Tenn., by the end of 2024 with production shifting […]

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Intune launches two new stores in Bengaluru, one in Hyderabad

[ad_1] Shoppers Stop’s value fashion offering Intune opened three stores in one day as it continues its omni-channel expansion. The brand opened two new stores in Bengaluru, in GT Mall and Elements Mall, and one in Hyderabad in Sarath Capital City. Screenshot from Shoppers Stop’s Intune segment on its e-commerce store – Shoppers Stop “We […]

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Flowers to shift California distribution model in wake of settlement

[ad_1] THOMASVILLE, GA. — Flower Foods, Inc. is poised to begin repurchasing about 350 distribution rights, perhaps beginning in the first quarter of this year, executives of the company said. An update on the impending process was shared by Flowers executives in connection with financial results for the fourth quarter of 2023 and guidance for […]

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