Latest news with #FIT
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Business Standard
3 days ago
- Business
- Business Standard
Watershed moments: Introduction of RBI's flexible inflation targeting model
FIT model set to be reviewed amid call for excluding food inflation premium The central bank has begun integrating alternative datasets and machine learning-based techniques to improve forecasting accuracy and reduce policy lags caused by prediction errors. Anjali Kumari Mumbai Listen to This Article For nearly three decades, India's consumer price index (CPI) based inflation averaged close to 8 per cent, underscoring the limitations of its then-prevailing monetary policy framework, which relied on credit controls and a multiple-indicator approach. This system was increasingly seen as inadequate for anchoring inflation expectations or guiding macroeconomic stability. Recognising the need for a more credible and structured regime, India introduced the Flexible Inflation Targeting (FIT) framework in June 2016. This reform followed amendments to the Reserve Bank of India (RBI) Act, 1934, which formally mandated the RBI to pursue price stability as its primary objective and established the
Yahoo
6 days ago
- Business
- Yahoo
Winning in Gen Alpha's ‘VirtuReal' World and Making Beauty More Science-driven: Key FIT Capstone Takeaways
'You're lowkey missing the vibe,' said a graduate of the Fashion Institute of Technology's Masters in Cosmetics and Fragrance Marketing and Management program on Thursday evening, kicking off the program's 2025 capstone presentations. She was alluding to the influx of Gen Alpha consumers — and their slang — into the beauty industry and delivering the first of the night's three graduate research presentations, focused on the Gen Alpha beauty opportunity; innovating smartly with AI, and the 'medicalization' of beauty. More from WWD Lauren Sánchez's Glam Squad: Meet the Style Architects Behind Her Signature Look EXCLUSIVE: Jenna Bush Hager Teams With ResortPass to Rethink the Laws of Motherhood Ulta Beauty CFO Paula Oyibo Departs; Chris Lialios Named Interim Successor The night began at the school's Haft Theater with an acknowledgment of Leonard A. Lauder, who passed away earlier this month at age 92 and was, as professor and chairperson of the program Stephen Kanlian put it, 'an icon of the industry and the brainchild of the [CFMM] program.' FIT president Dr. Joyce F. Brown, who has stepped down from the role at the end of the 2024-2025 academic year after a nearly 26-year run, also delivered opening remarks. Gen Alpha, the oldest of whom are now 15 years old and are otherwise referred to as 'Sephora kids,' represent the 'longest customer relationship opportunity in beauty history,' graduates said. The cohort spent $8 billion on beauty in 2023, a number that grew to $14 billion in 2024. They are making their first beauty purchase as young as 6 years old, are expected to live well into their 80s, and are thus poised to be 'the most valuable generation in beauty,' one graduate said. 'Gen Alpha isn't defined by conventional life stages; they're defined by behaviors, values and experiences that are continuously evolving,' said one graduate. 'In the 'virtureal' world, Gen Alpha's flagship beauty destination is their phone; their beauty counter, a TikTok feed; their sampling bar, an AR filter — they're not just hanging out online, they're living there,' added another. The group, or Generation 'Next,' as graduated dubbed the presenters, have skin concerns that shift roughly every 18 to 24 months, from hydration to acne and beyond. Their favorite brand, too, changes roughly every 120 days. 'This demands faster, more agile product development,' one graduate said. While AI is currently used to make product recommendations based on an individual's concerns, graduates imagine that, in the future, it can be used to create 'base formulas with adaptable ingredients that respond in real time to the environment, stress and skin changes.' The kinds of predictive data harnessed by tech giants like Netflix and Amazon to create hyper-personalized user experiences must be adopted by beauty players who want to win, too. At the same time, it's crucial to navigate the world of generative AI with intention given that large language models can internalize biases in the data they are trained with. Companies must familiarize themselves with the risks of AI before diving in to avoid 'building on shaky ground,' one graduate said. Consumers are quickly embracing AI — 68 percent said they trust AI-generated product recommendations over traditional marketing claims — and brands, too, must not only keep up, but stay ahead. Food and beverage companies like Oreo-maker Mondelez International are already using AI to 'forecast demand, speed up development times, conduct sharper clinical trials and smarter scenario planning,' offering a model for beauty companies looking to do the same. As GLP-1s like Ozempic increasingly impact the beauty and wellness industries and the longevity movement gains steam, the future of beauty will be 'medical,' graduates said. This means 'consumers are turning to integrated medicine to solve beauty concerns,' while the prevailing formulation theme shifts 'from clean to clinical to medical.' According to graduates' research, 60 percent of consumers agree that it is 'very important' to purchase longevity products, while 70 percent plan to buy more in the future. Seventy-nine percent of plastic surgeons, meanwhile, say that 'looking better in selfies and on video calls' is a major reason why consumers are seeking cosmetic procedures. In the last four years alone, aesthetic procedures have surged 40 percent. The graduates define medicalized beauty as the convergence of aesthetics with medicine, where 'beauty concerns are reframed as biological,' rather than being 'skin-deep.' To resonate with consumers moving forward, brands should lean into science-based formulas, 'clinical visual cues' in packaging and e-commerce, increasingly collaborate with dermatologists and aestheticians and ramp up investments in product research and development. 'Imagine what could happen if beauty spent less money on selling, and more on solving,' one graduate said. 'In the future, beauty consumers will live in an optimization culture where wellness isn't a trend, it's infrastructure,' said another. The next generation coming to shake up the beauty industry includes: Chloe Lo; Hallie Gersten; Al Mezo; Angela Toscano; Rahul Sabhnani; Marisa Mazzoni; Sophia Mohamed; Caroline Bartholomew; Ali Valentin; Joshue Joseveski; Alejandra Espinosa; Haley Spechler; Rachael Larsen; Kathryn Wanner; Alexandra Voigt; Carolyn Kosturik; Brianna Bookhart; Marisa Hann; Rina Yashayeva; Julia Buonanno; Bari Blitzer; Brittany O'Leary; Delilah Owens-Schwartz; Vince Stavale and Miranda Huang. Best of WWD Which Celebrity Brands Are Next for a Major Deal? Lady Gaga, Beyonce and More Possible Contenders for the Next Corporate Prize The Best Makeup Looks in Golden Globes History A Look Back at Golden Globes Best Makeup on the Red Carpet, From Megan Fox to Sophia Loren [PHOTOS]
Egypt Today
23-06-2025
- Health
- Egypt Today
Egypt leads presidential health initiatives, ranks high in national performance metrics
The South Red Sea Shipyard on January 9, 2025- press photo The Red Sea Governorate continues to distinguish itself in the implementation of presidential health initiatives, achieving advanced rankings nationwide. This comes in line with the directives of Khaled Abdel Ghaffar, Minister of Health, and underscores the state's commitment to improving the quality of healthcare services provided to citizens. Ismail Al-Arabi, Undersecretary of the Ministry of Health and Population in the Red Sea, affirmed that the Health Directorate has achieved exceptional results. Recent performance evaluations revealed the governorate's leading positions in several initiatives. Most notably, the Women's Health Support Initiative saw the Red Sea Governorate secure first place nationally. This achievement is attributed to dedicated efforts in examination, awareness, and early disease detection, reflecting the commitment of medical teams and the effectiveness of fieldwork. The Undersecretary of Health added that the Red Sea Governorate ranked third in the Maternal and Fetal Care Initiative, demonstrating the quality of care provided to pregnant women and success in early detection of mother-to-fetus transmitted diseases. Similarly, in the Early Detection of Cancer Tumors Initiative and the distribution of "FIT" samples, the governorate achieved fourth place among governorates in terms of quality of implementation and coverage of target groups. Overall, in the general classification of health initiatives' performance, the Red Sea Governorate secured fifth place nationwide, an accomplishment reflecting seriousness and discipline in executing presidential health directives. For the Chronic Diseases and Early Detection Initiative, the governorate ranked seventh with an achievement rate of 98%, reaching 1036 cases out of the monthly target of 1062 cases. This underscores the efficiency of the work system in reaching targeted populations. Al-Arabi emphasized that these successes are the fruit of effective cooperation and coordination between medical and administrative teams, under the supervision of Dr. Basma Yahya, the initiatives' coordinator in the governorate. The Undersecretary of Health clarified that Ahmed Galal, Director of Primary Care Administration, Shireen Magdy, Director of Motherhood and Childhood Administration, and Nurse Hanaa Mohamed, Nursing Supervisor for the Initiatives, participated meticulously in the implementation of these initiatives. He further stressed that these results reflect the spirit of teamwork and the dedication of medical and administrative staff in implementing the Ministry of Health's plans and the political leadership's directives. He affirmed the continuation of efforts to ensure the provision of integrated healthcare services worthy of the people of the Red Sea Governorate, extending thanks to all work teams and calling for continued commitment and increased efforts to achieve further successes in developing the healthcare system.
Daily Tribune
18-06-2025
- Health
- Daily Tribune
Bahrain Launches Life-Saving Health Campaign at The Avenues Mal
Bahrain has launched a three‑day public health campaign at The Avenues Mall to remind everyone of a life‑saving truth: catching illness early makes treatment easier and outcomes better. The 'Early Detection Saves Lives' event was opened on Wednesday by Lt‑Gen Dr. Shaikh Mohamed bin Abdulla Al Khalifa, Chairman of the Supreme Council of Health. Health Minister Dr. Jalila bint Al Sayed Jawad Hassan joined him, along with doctors, nurses and representatives from across Bahrain's medical sector. Why the campaign matters Bahrain's National Team for Combating Non‑Communicable Diseases (NCDs) designed the initiative to boost awareness of regular health checks, especially for long‑term illnesses such as diabetes, heart disease and cancer. The organisers say routine screening can dramatically cut deaths by spotting problems before symptoms appear. One top priority is colorectal cancer – still among the most common cancers in Bahrain. To make screening easier, Primary Healthcare Centres are rolling out the high‑accuracy FIT (faecal immunochemical test), which looks for hidden blood in the stool and can flag early warning signs. A national push for prevention Dr. Shaikh Mohamed praised Bahrain's health workers for 'taking public‑education programmes out into the community', adding that early‑diagnosis projects are a pillar of the National Health Plan (2016‑2025) and Bahrain Economic Vision 2030. Health Minister Dr. Jalila urged shoppers and families to stop by the pop‑up clinic inside the mall. 'A five‑minute test today could protect your health for years,' she said, calling early checks a 'practical step that shows how Bahrain is shifting toward preventive, high‑quality care'. What visitors can expect Free guidance on healthy eating, exercise and quitting smoking On‑the‑spot medical advice from family doctors Information stands explaining the FIT kit and other screenings Fun, interactive displays aimed at children and teens Primary Healthcare Centres chief executive Dr. Ijlal Faisal Al‑Alawi said The Avenues was chosen so the message 'reaches people where they already are'. She hopes the mall setting will normalise screening and spark family conversations about prevention. The event runs through Friday evening. Everyone aged 40 and above—or younger adults with a family history of NCDs—is encouraged to drop in, ask questions and book their next check‑up.
Fashion Network
17-06-2025
- Entertainment
- Fashion Network
Eyewear brand Elisa Johnson expands into jewelry
Her name is known worldwide. Elisa Johnson, daughter of legendary basketball player Magic Johnson, and sister to reality star EJ Johnson, is now trying to make a name for herself through her eponymous sunglasses brand. A student at New York's Fashion Institute of Technology (FIT), Johnson launched her sunglasses brand in 2021 and designed the first models herself, including the Jane frame, which would become her best-seller a few months later. With investment from her father, Magic Johnson, the Elisa Johnson sunglass brand first launched with a timeless and one-of-a-kind eyewear collection that fuses classic, street, and luxury styles. 'Before my dad agreed to invest – he told me 'no' at first – I was selling my personal handbags and such to have the cache to produce samples. Yes, I had a different level of support than most, but I still wanted to demonstrate that I could make things shake on my own," said Johnson in an interview with CFDA. The young woman, now 30 years old, who confides having suffered from chronic anxiety, faced with the media pressure weighing on her family, recognizes having 'taken the extra step to pursue an education and obtain a degree in a field that I was truly interested in because I didn't just want your to be another famous person's daughter who came out with some arbitrary line or something.' Four years after launching her brand, Johnson now works with a small team and produces her collections in Hong Kong. In addition to the 200 styles she offers, she notably collaborated last year with model Lori Harvey on a capsule collection. At a Los Angeles event on June 10, Johnson presented a new development for her brand with the launch of her first jewelry line at the Grove shopping center in Los Angeles. Her father shared the news on his Instagram account: "I am so incredibly proud of my beautiful daughter. She just launched Elisa Johnson jewelry, available now." 'Designed with intention, this eight-piece earring collection is a study in contrast where simplicity meets statement,' said Johnson, on her website. 'Inspired by the symbols and rhythm of astrology, the pieces carry subtle references to the stars while staying grounded in modern minimalism.' Positioned as an affordable brand, Elisa Johnson's earring line offers prices ranging from $87 to $140. This is similar to its low-priced sunglasses line, which ranges from $87 to $130. While the brand does not currently have its own stores, it is distributed through several department stores such as Saks Fifth Avenue, Neiman Marcus, Nordstrom, and Kith, and is available online through Shopbop, Revolve, and Dissh. One showroom is also open for fittings in Los Angeles.
