Business

Failed brands try to fashion a new life online

Laura Ashley - Naomi Baker/Getty Images
Laura Ashley – Naomi Baker/Getty Images

Other than being fashion failures, what do Laura Ashley, Karen Millen, Coast, Oasis and Warehouse have in common?

Despite collapsing and closing all their stores, the brands are surviving online after being bought by a mix of trade buyers or indeed rivals. These brave – or perhaps crazy – businesses are hoping that the brand DNA is strong enough to lure shoppers to their respective websites and convince them to spend.

Other than Laura Ashley, which is still trading from stores for now, all of the aforementioned brands have been bought by Boohoo.

The timing is seemingly in their favour, as click-and-collect in shops might become less popular with more people working from home and able to accept deliveries. Plus, with over a quarter of shoppers now planning to spend more online after the lockdown restrictions are lifted, according to Global Data, it is

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National Security Law Expands Online Reach of Hong Kong Police

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Hong Kong’s new National Security Law gives the city’s police enhanced powers and greater reach into cyberspace.

The Special Administrative Region’s government put into effect Article 43 of the new law on Monday night when it gazetted a range of new measures. Its objective is “preventing, suppressing and imposing punishment for any acts and activities endangering national security.”

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“It is in effect moving the ‘Great Firewall’ of China right into Hong Kong,” said Charles Mok, a Hong Kong lawmaker, who represents the IT sector. The Great Firewall is a shorthand description for the mainland Chinese system which only allows government-authorized content to circulate within the country, and which corrals private sector companies into helping the state block and censor undesirable content.

Under the new powers, Hong Kong police can require the publisher of any offending online message to take down

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Edited Transcript of 3662.T earnings conference call or presentation 12-Jun-20 10:59am GMT

Nagoya-Shi, Aichi Jul 7, 2020 (Thomson StreetEvents) — Edited Transcript of Ateam Inc earnings conference call or presentation Friday, June 12, 2020 at 10:59:00am GMT

Ateam Inc. – President & Representative Director

Hayashi Takao, Ateam Inc. – President & Representative Director [1]

This is Takao Hayashi, President at Ateam Inc. Thank you for watching our webcast for the third quarter financial results of the fiscal year ending July 31, 2020. Let me start my presentation.

First of all, Ateam is an IT company that develops business around the Internet, developing and delivering services for various markets using many different technologies. That is what we do at Ateam.

These are the topics I will be covering in this webcast. I will first describe our medium- and long-term policy, but if you are familiar with this, feel free to skip this portion. Our medium- and long-term policy, beginning with our group management … Read More

AeroPay Launches Compliant Digital Payments For Cannabis Business

Financial technology company AeroPay has introduced a new suite of digital payment solutions for cannabis businesses.

The tech enables digital payments by utilizing so-called “smart bank transfers” and allows business-to-business (B2B) and customers-to-business (C2B) transfers.

The technology covers all aspects of the cannabis industry, and it includes both in-person and online payments.

Dispensaries will be able to provide its customers with convenient and contactless digital payment option, the company said.

“Cannabis businesses have long been underserved by the current payments landscape and we saw an opportunity to help them by leveraging AeroPay’s existing technology,” said in a Monday press release the company’s CEO and founder Daniel Muller.

The Chicago-based next-generation company has been providing a broad range of industries with alternative ways to make their payments since 2017.

Ryan Coffey, AeroPay’s director of business development, stated that businesses and customers within the cannabis space “have been forced to rely almost

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Harvard is keeping classes online this fall, placing it among the 8% of US colleges planning to do so. Here’s the list so far.

A graduate gets ready to pose for a picture at the empty campus of San Diego State University, after the California State University system announced the fall 2020 semester will be online, May 13, 2020.
A graduate gets ready to pose for a picture at the empty campus of San Diego State University, after the California State University system announced the fall 2020 semester will be online, May 13, 2020.

Mike Blake/Reuters

  • Harvard University announced Monday that it will only conduct classes online for the coming academic year, though it will allow some students to live on campus.

  • Other universities and colleges across the US — including the country’s largest four-year public university system, California State University— are opting for online-only courses in the fall 2020 semester.

  • The coronavirus could resurge in the fall, bringing a new wave of infections.

  • Here are the schools that aren’t planning to return to campus this fall.

  • Visit Business Insider’s homepage for more stories.

After a semester of remote courses and online graduations, some colleges and universities are deciding not to return for in-person classes this fall.

Harvard announced

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Stanley from ‘The Office’ Is Trying to Raise $300,000 to Make a Spinoff Episode

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While NBCUniversal continues to hope for a reboot of “The Office” on the upcoming Peacock streaming platform, a new and unexpected continuation of the beloved sitcom is taking shape online. Leslie David Baker, who starred as Stanley Hudson on all nine seasons of “The Office,” has launched a Kickstarter campaign to help fund a spinoff centered around his character. Baker’s Stanley was a recurring character on the first season of “The Office” before being upped to a series regular for the remaining eight seasons.

Baker’s “Office” spinoff is titled “Uncle Stan: Coming Out of Retirement.” The synopsis for the project reads: “After enjoying his retirement in Florida, carving wood, enjoying the white sand beaches, and dancing to old disco, Uncle Stan (Baker) gets a call from his nephew Lucky in Los Angeles asking for help with his two kids and running his motorcycle/flower

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12 ways to cope with coronavirus anxiety, according to psychologists

millennial stressed sad depressed
millennial stressed sad depressed

Maskot/Getty Images

  • The novel coronavirus continues to batter cities and overload hospitals across the US, causing residents to experience anxiety over the unknown, the health of their loved ones, the economy, and more. 

  • Psychologists say feeling worried and anxious is normal in a crisis like this, but it can be managed. 

  • To cope, limit your media exposure to the issue, do your part in helping control the virus’s spread, reach out to others, and follow these other expert tips. 

  • Visit Insider’s homepage for more stories.

Know that feeling anxious about coronavirus is OK and normal.

Wall Street traders are among those experiencing stress as the economy suffers.
Wall Street traders are among those experiencing stress as the economy suffers.

Reuters

With rising case loads, physical isolation from loved ones, and, for many, a loss of routine and purpose, Americans have been enduring a mental-health crisis alongside the medical one for months. 

A May study found more than a

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The COVID-19 pandemic is affecting the future of Gen Z travel

Clarissa Fisher, 23, is nowhere near ready to hop on a plane. She used to fly regularly to visit her boyfriend in the U.K.

“This past week I have seen so many people return to their normal activities like nothing has happened,” Fisher, of Frankfort, Kentucky, tells USA TODAY. “This scares me and has made me reconsider my travel plans for the remainder of this year and possibly the next. I’m afraid to board a plane knowing that I might step off infected. Being trapped in a small space with a large amount of strangers for several hours is a pandemic nightmare scenario.” 

Like others in her generation, she’s grown up with crisis after crisis: From 9/11 to devastating school shootings to COVID-19, this generation, born after 1996, is used to living in dangerous times. This is a generation primed to handle crisis after crisis, and one that

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Old Navy, Nordstrom, Anthropologie, and more

55 retailers selling cloth face masks online
55 retailers selling cloth face masks online

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission. 

Now that we’ve adjusted to the “new normal” in the age of coronavirus (COVID-19)—and now that many states are slowly starting to open back up—staying safe as we venture out to stores, work, and doctor’s appointments is more important than ever. That’s why the Centers for Disease Control and Prevention (CDC) recommends that people wear a cloth face covering to slow the spread of the virus when you’re out in public. While not as effective as a medical-grade mask or an N95 mask, these coverings provide an extra layer of protection by blocking respiratory droplets, which is the primary way that COVID-19 is transmitted.

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The demand for these cloth face coverings is

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5 Stocks Set to Rally

The coronavirus-led lockdown fueled a number of trends, one of those being the rapid shift to online shopping as brick-and-mortar stores remained shut during lockdowns.

Staying Indoors Boosts Online Shopping

The coronavirus pandemic compelled many retailers to shut down stores through March, April and May, driving the crowd to online platforms. Even though the economy is reopening, consumers continue to shop through online retail channels. This is because the lockdown measures may be easing but signs of resurgence of coronavirus and unavailability of a proper vaccine have been keeping people at home.

Moreover, e-commerce offers a lot many advantages over traditional retail. All items, from grocery, home furnishing to exotic meals, can be delivered to one’s doorstep. In fact, online channels offer greater convenience during thepandemic. Consumers do not need to worry about social distancing and avoid hassles like wearing a mask,which has been made a compulsion in brick-and-mortar stores.

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