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Report: India eases investment for foreign retailers
New Delhi, India – The Indian government has eased its notoriously difficult restrictions on how foreign retailers must invest and source when doing business in the country. As reported by Reuters, foreign retailers will still have to source 30% of the products they sell locally, but now have five years to initially reach that goal and then have to meet it annually.
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Converse, San Francisco
The Converse flagship in San Francisco is not only the sneaker brand’s first Northern California location; it’s also its largest and most innovative location to date. The 8,200-sq.-ft. store, which features Converse’s full line-up of footwear, apparel and accessories, is big on personalization, with an interactive system for designing one-of-a-kind Converse sneakers and clothing.