Transfin.

Nike Vaporfly to Make it to Tokyo Games as World Athletics Grants it Seal of Approval

Nike's Vaporfly running shoe has caused an uproar in the last few weeks over claims that it offers its users unfair advantage by improving energy efficiency by at least 4%. 

 

CONSUMER RETAIL

Flipkart shuts down Jabong; to channelize all energies towards Myntra.

Ecommerce platform Flipkart has formally shut its fashion portal Jabong.com, to focus on its lifestyle portal Myntra.

 

Following the development, Jabong’s portal and the app will redirect to Myntra’s shopping window.

 

Blast from the Past

Myntra, a Flipkart Group company, had acquired Jabong in July 2016 for $70 million in cash and Flipkart had bought Myntra in May 2014. [Hindu BusinessLine]

  

Nike Vaporfly to make it to Tokyo Games as World Athletics grants it seal of approval. 

Nike to Fly

Nike's Vaporfly running shoe has caused an uproar in the last few weeks over claims that it offers its users unfair advantage by improving energy efficiency by at least 4%. 

 

Despite many accusing the shoes of being like “technological doping”, the World Athletics has given it the seal of approval, making them eligible for Tokyo Games. Brushing aside all rumours and debates, the shoes will go on limited sale at end of month. More on this here.

FIN.

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