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Tag: goods

Fire at toothpaste factory in Sonipat, goods worth lakhs gutted

Loknath Das, , , , , , , ,

A major fire broke out at a toothpaste factory in Sonipat, Haryana, on Friday morning. The fire was reported at the Raghav Lifestyle Products factory located in the Kundli Industrial area. 12 fire tenders were pressed into action and after several hours of efforts, the fire was brought under control. Goods worth lakhs were burnt to ashes. However, no injuries or casualties were reported. The cause of the fire is yet to be known. [“source=indiatoday”]

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Lifestyle goods resale marketplace StockX raises $110M, pushing valuation past $1B

Loknath Das, , , , , , , , ,

Detroit-based StockX,  which provides a way for people to resell luxury and lifestyle goods including streetwear, bags, watches and shoes, is now valued at over $1 billion based on its most recent raise of $110 million, just revealed by the New York Times. Alongside the raise, StockX is bringing on a new CEO – ecommerce vet and former eBay SVP Scott Cutler. Cutler replaces co-founder Josh Luber at the helm of the company, but he’ll continue to be the “public face” of the company according to the NYT, which is not unusual for…

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