I happened to be in India last November when prime minister Modi announced the demonetization program, where 86% of the currency in the form of two paper bills (Rs. 500 and 1000 denomination) were made defunct. People were given time to deposit their existing currencies in the bank. Those who had unusually high volume of such currencies were supposed to declare the legal source or face s... (more)

Have you ever come up with something clever and thought "Wow that should be on a T-shirt or something"? In the summer before my senior year of high school, my friend Graham Stevenson and I had that thought many times. So many in fact that we decided we should start a T-shirt company to address the growing demand for trendy yet original clothing. When we first started talking about the ide... (more)

NEW YORK, Aug. 12, 2014 /PRNewswire/ -- Prentice Capital, the Michael Zimmerman fund specializing in retail investments, predicts that retail sales will grow faster than expected during the second half of 2014. This view is supported by the latest National Retail Federation retail sales forecast which calculates that retail sales are expected to grow at least 3.9% during the second half(... (more)