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<ul><li>Flair’s stock listed at ₹452 as compared to its issue price of ₹304 per share.</li><li>The grey market was expecting 30% listing gains from the stock.</li><li>The company’s market cap stood at ₹5,301 crore according to Bombay Stock Exchange. </li></ul><keyword id="7090241" type="General" weightage="20" keywordseo="flair-writing" source="Orion">Flair Writing</keyword> made a stellar debut on the D-Street at a premium of 65% on early Friday. However, the stock corrected during the day, ending the day with 49% listing gains. This is much ahead of grey market predictions which was hoping for 30% listing gains from the stock. <br /><br />The stock closed at ₹452 as compared to its issue price of ₹304 per share. The company’s market cap stood at ₹5,301 crore according to Bombay Stock Exchange. <br /><br />The ₹593 crore issue was subscribed 46.6x with outsized interest from institutional investors. The QIB portion of the issue was subscribed 115.6 times the shares on offer. <br /><br />The optimistic mood seen in the markets with regards to public offers, can rub off, say experts. <br /><br />“We believe the healthy listing is justified on the back of high growth seen in the writing instruments and stationery segment etc. and ongoing expansion plans to tap the future growth. We recommend allotted short term investors to book profits over and above 25% gains while long term investors can hold,” said <keyword id="19676170" type="General" weightage="80" keywordseo="rajan-shinde" source="Orion">Rajan Shinde</keyword>, research analyst, Mehta Equities. <br /><br /><strong>Here are the listing gains provided by the companies that debuted on D-Street this week.<br /></strong><table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><strong>Company<br /><br /></strong></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><strong>Listing gains<br /><br /></strong></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><strong>Grey market premium<br /><br /></strong></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><strong>Marketcap<br /><br /></strong></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><strong>Subscription details</strong><br /><br /></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Flair Writing<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">49%<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">30%<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹5,301 crore<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">46.6x<br /><br /></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Technologies <br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">162%<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">75%<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹52,734 crore<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">69x<br /><br /></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Gandhar Oil <br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">78%<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">44%<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹2,573 crore<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">64x<br /><br /></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Fedbank Financial Services<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">0%<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">NA<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹5,161 crore<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2.2x<br /><br /></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IREDA<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">87%<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">38%<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹16,123 crore<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">38.8%<br /><br /></td></tr></tbody></table><br />The company which manufactures and sells Flair brand of pens, also acquired rights to international brands like Hauser and Pierre Cardin’s writing instruments. Its products currently reach 3.15 lakh wholesalers and retailers. <br /><br />The IPO comprises fresh issue to the tune of ₹292 crore; and an offer for sale of ₹301 crore. The net proceeds from the fresh issue will be used to set-up a new manufacturing facility for writing instruments in Valsad, Gujarat. It will use the rest to fund capex; working capital requirements, loan payment and more. <br /><br />The company’s revenues have been growing at a compounded annual growth rate (CAGR) of 22.85% from FY21 to FY23. Its net profit almost doubled in FY23 as compared to the year before.<br /><br />Plant shutdowns, its inability to carry through its expansion plans, labour unrests, regulatory and other issues have been cited by the company as risk factors in its RHP. <br /><br />It also adds that increased competition could have a material impact on its business. In FY23, the market share of organized players in the writing instrument space is around 78-80% with the rest being catered to by unorganized players, according to CRISIL. <br /><br />SEE ALSO <br /><br /><a href="https://www.businessinsider.in/stock-market/news/stellar-listing-gains-book-profits-if-there-are-bumper-gains-say-experts/articleshow/105630290.cms">Stellar listing gains: Book profits if there are bumper gains say experts</a><br /><br /><a href="https://www.businessinsider.in/stock-market/news/tata-tech-and-gandhar-oil-shine-on-debut-while-fedbank-falters/articleshow/105610067.cms">Tata Tech and Gandhar Oil shine on debut, while Fedbank falters</a><br />

Flair pens a successful debut, lists at 49% premium

<ul><li>The company makes and markets the Flair brand of pens, with rights to brands like <keyword id="2099374" type="General" weightage="50" keywordseo="hauser" source="Orion">Hauser</keyword> and <keyword id="116476" type="General" weightage="50" keywordseo="pierre-cardin" source="Orion">Pierre Cardin</keyword>.</li><li>It intends to raise as much as ₹593 crore via the public issue.</li><li>Net proceeds from the issue will be to set-up a new facility in Valsad, amongst others. </li></ul>Mumbai-based stationery maker Flair Writing opens its initial public offer (IPO) for subscription on November 22, and closes on November 24. It has fixed a price band of ₹288-304 for the issue, and intends to raise as much as ₹593 crore via the issue. Investors can bid for a minimum of 49 equity shares and in multiples thereof.<br /><br />The company which manufactures and sells Flair brand of pens, also acquired rights to international brands like Hauser and Pierre Cardin’s writing instruments. Its products currently reach 3.15 lakh wholesalers and retailers. <br /><br />It’s also charting an expansion strategy, and is also expanding its manufacturing capacities. It’s also venturing into houseware and other school and office supplies. <br /><br />“We also seek to focus on growing our existing product portfolio and diversification of our product range, emphasise on mid-premium segment and premium segment to increase margins, continue to increase production capacity and enhance capacity utilization, strategically expand exports, deepen our sales and distribution network and further strengthen our brands,” the company said in its RHP. <br /><br />It’s also setting its sights on increased exports. The company has a market share of 7.1% in the export of writing and creative instruments industry in FY23. It’s expecting to gain from the China +1 strategy adopted by many international companies.<br /><br />“We have received feedback from many international OEMs to make vacuum bottles and more such. It’s a good business which can add to our topline and bottomline both,” Sumit Rathod, whole time director at Flair Writing Industries told Business Insider India. <br /><br />The issue comprises fresh issue to the tune of ₹292 crore; and an offer for sale of ₹301 crore. The net proceeds from the fresh issue will be used to set-up a new manufacturing facility for writing instruments in Valsad, Gujarat. It will use the rest to fund capex; working capital requirements, loan payment and more. <br /><br /><strong>Financials &amp; risk factors <br /></strong><br />The company’s revenues have been growing at a compounded annual growth rate (CAGR) of 22.85% from FY21 to FY23. “We have been consistently growing and outperforming the market. We are confident that we will be able to keep up with the growth rates seen historically,” said Rathod. <br /><br />Its net profit almost doubled in FY23 as compared to the year before.<br /><br />“In FY23, the company’s operating margin moved upward as EBITDA margins increased 300 basis points and stood at 19.47% versus 16.9% on a YoY basis,” said a report by Kunvarji Wealth Solutions which gave a ‘subscribe’ rating to the IPO. <br /><br />The company’s peers in the market include the recently listed Cello World, Linc and <keyword id="1889881" type="General" weightage="50" keywordseo="kokuyo-camlin" source="Orion">Kokuyo Camlin</keyword>. <br /><br /><table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><strong>Particulars<br /><br /></strong></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><strong>FY23<br /><br /></strong></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><strong>FY22<br /><br /></strong></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><strong>FY21</strong><br /><br /></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Revenue from operations<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹942 crore <br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹577 crore <br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹297 crore <br /><br /></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Net profit <br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹118 crore <br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹55 crore <br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹98 lakh<br /><br /></td></tr></tbody><tbody></tbody><tbody></tbody></table><em>Source: RHP</em><br /><br />Plant shutdowns, its inability to carry through its expansion plans, labour unrests, regulatory and other issues have been cited by the company as risk factors in its RHP. <br /><br />It also adds that increased competition could have a material impact on its business. In FY23, the market share of organized players in the writing instrument space is around 78-80% with the rest being catered to by unorganized players, according to CRISIL. <br /><br />“At times, retailers offer products from local manufacturers or unbranded items at lower prices or in ‘combo-offers’ with 45 other stationery items. Our inability to adequately address competitive pressures from the organized and unorganized players, may have a material adverse effect on our business, operations, prospects or financial results,” the company said in its RHP. <br /><br />SEE ALSO <br /><br /><a href="https://www.businessinsider.in/stock-market/news/tata-technologies-ipo-to-open-on-november-22-price-band-fixed-at-475-500/articleshow/105261065.cms">Tata Technologies IPO to open on November 22, price band fixed at ₹475-500</a><br /><br /><a href="https://www.businessinsider.in/stock-market/news/ireda-ipo-to-open-on-november-21-price-band-fixed-at-30-32/share/articleshow/105263776.cms">IREDA IPO to open on November 21, price band fixed at ₹30-32/share</a><br /><br /><a href="https://www.businessinsider.in/stock-market/news/fedbank-financial-services-ipo-to-open-on-november-22-price-band-fixed-at-133-140/sh/articleshow/105292752.cms">Fedbank Financial Services IPO to open on November 22; price band fixed at ₹133-140/sh</a><br />

Flair Writing hopes to gain from the China +1 strategy

<ul class="summary-list"><li><keyword id="116476" type="PERSON" weightage="60" keywordseo="pierre-cardin">Pierre Cardin</keyword> has died at the age of 98, his family told AFP News.</li><li>The French designer died at a hospital in the west of Paris on Tuesday. His official cause of death has not yet been announced. </li><li>"It is a day of great sadness for all our family. Pierre Cardin is no more," his family <a href="https://news.yahoo.com/french-fashion-designer-pierre-cardin-123649400.html">said in a statement obtained by AFP News.</a></li><li>"Italian by birth, Pierre Cardin never forgot his origins while bringing unconditional love to France," the statement added. </li></ul><p>Pierre Cardin has died at the age of 98.</p><p>The French <keyword id="6" type="ENTERTAINMENT" weightage="60" keywordseo="fashion">fashion</keyword> designer died at a hospital in Neuilly, a commune in the west of Paris on Tuesday, December 29, <a href="https://twitter.com/AFP/status/1343915926220136448">his family told AFP News.</a></p><p>"It is a day of great sadness for all our family. Pierre Cardin is no more," the family said <a href="https://news.yahoo.com/french-fashion-designer-pierre-cardin-123649400.html">in a statement</a> obtained by the publication. "We are all proud of his tenacious ambition and the daring he has shown throughout his life."</p><p>"Italian by birth, Pierre Cardin never forgot his origins while bringing unconditional love to France," the statement continued. </p><p>France's Fine Arts Academy, of which Cardin was a member since 1992, also shared the news. </p><p>"The Perpetual Secretary, Laurent Petitgirard, and the members of the Academy of Fine Arts are very sad to announce the death of their colleague Pierre Cardin," a spokesperson for the organization said in a statement cited by <a href="https://www.express.co.uk/celebrity-news/1377678/Pierre-Cardin-dead-How-did-Pierre-Cardin-die-Cause-of-death-latest-evg">the Express</a>.</p><p>The cause of his death is not yet known, according to the Express.</p><h2>Pierre Cardin launched his fashion career in the 1940s and became known for his futuristic Space Age designs</h2><p>Cardin was born in 1922 near Venice, Italy, according to <a href="https://pierrecardin.com/designer">a timeline of the designer's life on his official website</a>, and his family emigrated to Saint-Etienne, France, when he was 2.</p><p>He began his career in fashion when he moved to Paris in 1945, working for Paquin and Schiaparelli before being hired as a tailor by Christian Dior in 1946.</p><p>In 1950, Cardin launched his own company, initially designing theater costumes, before he went on to create the <a href="https://pierrecardin.com/designer">"bubble dress"</a> in 1954. A decade later, the designer debuted his distinctive Space Age collection, a line of futurist designs that made a statement in the fashion world.</p><div type="image" title="Space age outfits" height="2703" width="2000" msid="80013975" hostid="261"></div><p>Over the course of his more than 70-year career, Cardin was a pioneer in his field.</p><p>As <a href="https://www.bbc.com/news/world-europe-55476062">the BBC points out</a>, the designer was one of the first to launch ready-to-wear collections, making high fashion more accessible to the general public. Over the years, Cardin also launched a range of products bearing his name, including fragrances, creating what AFP calls "the first truly global fashion empire."</p><p>After news of his death broke, Cardin's official Instagram account shared <a href="https://www.instagram.com/p/CJYh3NSAM5E/?utm_source=ig_embed">a photo with a quote from the  late designer</a>: "I have always worked in my own <keyword id="7" type="CITY" weightage="100" keywordseo="style">style</keyword>, which is different from all others. It was always my intention to be different, because that is the only way to last."</p><p>Representatives for Pierre Cardin did not immediately respond to Insider's request for comment. </p>

French fashion designer Pierre Cardin has died at the age of 98

Top 10 most expensive houses in the world

<ul><li><strong>The QIB portion of the issue was subscribed 115 times the shares on offer. <br /></strong></li><li><strong>NII and retail portions were subscribed 33x and 13x respectively.<br /></strong></li></ul><br />The ₹593 crore initial public offer (IPO) of Mumbai-based stationery maker <keyword id="7090241" type="General" weightage="20" keywordseo="Flair-Writing" source="Orion">Flair Writing</keyword> was subscribed 46.6 times the shares on offer.<br /><br />Qualified institutional buyer (QIB) portion of the issue was subscribed 115 times, with non-institutional and retail portions subscribed 33x and 13x respectively. <br /><br />Flair Writing Industries has raised ₹177 crore from 23 anchor investors like SBI Consumption Opportunities Fund, HDFC Mutual Fund, Aditya Birla Sun Life and more. <br /><br /><table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Type of investor<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">No of times subscribed<br /><br /></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Qualified Institutional Buyers<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">115.60<br /><br /></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Non-institutional Investors<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">33.37<br /><br /></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Retail<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">13.01<br /><br /></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Total<br /><br /></td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">46.68<br /><br /></td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table><em>Source: BSE</em><br /><br />The company which manufactures and sells Flair brand of pens, also acquired rights to international brands like Hauser and Pierre Cardin’s writing instruments. Its products currently reach 3.15 lakh wholesalers and retailers. <br /><br />The issue comprises fresh issue to the tune of ₹292 crore; and an offer for sale of ₹301 crore. The net proceeds from the fresh issue will be used to set-up a new manufacturing facility for writing instruments in Valsad, Gujarat. It will use the rest to fund capex; working capital requirements, loan payment and more. <br /><br />The company’s revenues have been growing at a compounded annual growth rate (CAGR) of 22.85% from FY21 to FY23. “We have been consistently growing and outperforming the market. We are confident that we will be able to keep up with the growth rates seen historically,” said Rathod. <br /><br />Its net profit almost doubled in FY23 as compared to the year before.<br /><br />“In FY23, the company’s operating margin moved upward as EBITDA margins increased 300 basis points and stood at 19.47% versus 16.9% on a YoY basis,” said a report by Kunvarji Wealth Solutions which gave a ‘subscribe’ rating to the IPO. <br /><br />Plant shutdowns, its inability to carry through its expansion plans, labour unrests, regulatory and other issues have been cited by the company as risk factors in its RHP. <br /><br />It also adds that increased competition could have a material impact on its business. In FY23, the market share of organized players in the writing instrument space is around 78-80% with the rest being catered to by unorganized players, according to CRISIL.<br />

Flair Writing IPO pens a success story, subscribed 46.6x

<ul class="summary-list"><li>Power shoulders are back in fashion for fall and winter.</li><li>Stylist Liz Teich told Business Insider that her clients have difficulty wearing the storied trend.</li></ul><p><a target="_blank" href="https://thenewyorkstylist.com/">Liz Teich</a>, a New York-based fashion stylist, told Business Insider that her clients have been buying outfits that give them "power shoulders," but aren't quite sure how to style them.</p><p>The exaggerated shoulder has continued to creep back into mainstream fashion every few seasons or so, and the trend is back again this <a target="_blank" href="https://www.insider.com/gen-z-fall-fashion-trends-2023-9">fall</a> and winter, according to <a target="_blank" href="https://wwd.com/fashion-news/fashion-trends/fall-2023-fashion-trend-big-shoulders-pads-take-up-space-women-1235601199/">Women's Wear Daily</a>.</p><p>Teich told BI she credits the current rise of the power shoulder — and, more broadly, "power dressing" — to the return of <a target="_blank" href="https://www.insider.com/guides/style/where-to-shop-for-womens-workwear-clothes">in-person work</a>.</p><p>"We are back at work, a lot of people are going back to the office, and they want to be seen and taken seriously," she said.</p><p>Power dressing, Teich said, is feeling like you can take on the world just by changing what you wear.</p><p>"It's really psychological the way that putting on a great outfit can change your day, your outlook, your productivity," she added.</p><h2><strong>The '80s are making a comeback again</strong></h2><div type="image" title="Pierre Cardin wearing a suit with prominent upwards sloping shoulders" height="3324" width="2255" msid="106163783" hostid="261" sizebytes="612186"></div><p>It's impossible to talk about power shoulders and not circle back to the 1980s.</p><p>Summer Anne Lee, Adjunct Faculty at the Fashion Institute of Technology and Underpinnings Museum committee member, told BI the precursor to the '80s shoulder was in the '70s with <a target="_blank" href="https://www.insider.com/pierre-cardin-designer-has-died-age-98-2020-12">Pierre Cardin's</a> Chinese pagoda-inspired upwards sloping shoulders.</p><p>Though the trend didn't take off, it likely had some influence on the popularity of shoulder pads in the '80s, which Lee described as being "the real power-shoulder moment."</p><p>"Shoulder pads for women were in everything. They were in workout clothes. They were in pajamas, and T-shirts — everything," Lee told BI.</p><p>Similar to today, women in the '80s were showing up in a traditionally masculine working space, "particularly if you were in a situation in the '80s, where you were maybe the only woman in the room," Lee added. </p><h2><strong>The prominence of power dressing in history</strong></h2><p>Further back, during the Renaissance period in the mid-16th century in Europe, Lee said this is when the power shoulder began to first take hold.</p><p>"Advancements and tailoring start to be able to give the wealthy and the elite classes the ability to change the shapes of their body," she said.</p><p>The introduction of corsets, and farthingale, the hoop skirt worn by Queen Elizabeth I, were ways for wealthier classes in these societies to differentiate themselves.</p><p>Lee told BI there's <a target="_blank" href="https://www.bbc.com/news/uk-england-nottinghamshire-63454452">even evidence</a> that Queen Elizabeth I had structural support within some of her sleeves to create her signature puff shoulder silhouette — an expensive, royal version of the padded shoulders we have today.</p><h2><strong>Styling a power shoulder is about balance</strong></h2><div type="image" title="Sydney Sweeney wearing a black coat and wide leg jeans, a model on the Saint Laurent Menswear Fall-Winter 2023-2024 runway wearing a long striped coat and pants" height="1080" width="1440" msid="106163784" hostid="261" sizebytes="96196"></div><p>Teich said some of her clients steer away from the power shoulder because they believe they already have overly broad shoulders.</p><p>She recommends they take the shoulder pads out if they want to tone the silhouette down, but that an exaggerated shoulder can hide this feature if you're self-conscious like it famously did for Joan Crawford in the movie "Letty Lynton" back in the '30s (her <a target="_blank" href="https://www.mdhistory.org/the-letty-lynton-effect/">puffy-sleeved dress</a> became so popular that it started a fashion movement).</p><p>To keep today's look balanced and modern, Teich recommended steering away from a fitted bottom which would exaggerate the "inverted triangle shape."</p><p>She said to opt for wide-leg pants to balance the outfit.</p><p>Teich told BI this trend isn't only for people working in the corporate world. Blazers over loungewear can make anyone look put-together, she said.</p><p>"People can just throw on a really great blazer and feel like they can take on the world," Teich added. </p>

Shoulder pads are back, baby

<ul class="summary-list"><li>One of France's highest-ranking church officials said he abused a 14-year-old girl 35 years ago.</li><li>Jean-Pierre Ricard <strong>is now withdrawing from his religious duties.</strong></li></ul><p>Cardinal Jean-Pierre Ricard, one of the highest-ranking church officials in France, has admitted that he abused a 14-year-old girl 35 years ago, Archbishop of Reims Eric de Moulins-Beaufort said at the Bishops' Conference of France on Monday, per <a href="https://apnews.com/article/europe-religion-france-sexual-abuse-by-clergy-21d06cd1ede1a2b81eabd92e9b1e12a5">AP</a>.</p><p>The admission came in a written statement from Ricard, which Moulins-Beaufort read to those in attendance.</p><p>"Thirty-five years ago, when I was a priest, I behaved in a reprehensible way with a young girl aged 14," Ricard, now 78, said in the statement. "My behavior has inevitably caused serious and lasting consequences for this person."</p><p>Ricard said that he asked the victim and her family for forgiveness and that he was going on a retreat to pray, the <a href="https://catholicnews.com/french-cardinal-admits-to-abusing-teen-girl-35-years-ago/">Catholic News Service</a> reported, citing the written statement.</p><p>"This is a difficult process. But what comes first is the suffering experienced by the victims and the recognition of the acts committed," Ricard said, per the Catholic News Service. </p><p>Ricard was ordained as a priest in October 1968 and held different posts in the Catholic Church before he was appointed as Archbishop of Bordeaux in December 2001, per the <a href="https://press.vatican.va/content/salastampa/en/documentation/cardinali_biografie/cardinali_bio_ricard_jp.html">Vatican website</a>.</p><p>He was proclaimed a cardinal by Pope Benedict XVI in 2006 and served as the president of the Bishops' Conference of France from 2001 to 2007.</p><p>Being a cardinal is a position that's usually held for life, and as a collective, they form the College of Cardinals — which is <a href="https://www.usccb.org/offices/general-secretariat/how-new-pope-chosen">primarily responsible for electing a new pope</a>.</p><p>Ricard is among the 11 former and serving French bishops who have been accused of sexual abuse, Moulins-Beaufort said at the conference, adding that all of them will be prosecuted or face church disciplinary procedures, per <a href="https://www.france24.com/en/france/20221107-eleven-french-bishops-accused-of-sexual-violence">AFP</a>.</p><p>A year ago, an <a href="https://www.ciase.fr/">independent commission</a> headed by Jean-Marc Sauvé, the president of the French Independent Committee on Sexual Abuse in the Catholic Church, found that an estimated 330,000 children in France were sexually abused by various members of the Catholic Church between 1950 and 2020.</p><p>The commission urged the Church to "establish a procedure for the recognition of abuse" and "provide compensation for the harm suffered," per <a href="https://www.ciase.fr/medias/Ciase-Summary-of-the-Final-Report-5-october-2021.pdf">the 2021 report</a>.</p><p>The Independent National Authority for Recognition and Reparation — the institution responsible for compensation decisions — announced at a news conference in September that the French Catholic Church has started paying out compensation to victims, per <a href="https://apnews.com/article/religion-france-sexual-abuse-by-clergy-764cf244efc9898886dbcfdbc5f1602d">AP.</a></p>

One of France's highest-ranking church officials admitted to abusing a 14-year-old girl 35 years ago

<p></p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div><p></p></div></div>Palais Bulles - or the "Bubble Palace" as it's better known - in Cannes, France, is the most expensive property in Europe.<p>As its name suggests, the $455 million (£351.7 million) home, <a href="http://www.christiesrealestate.com/eng/sales/detail/170-l-78234-f1510152057700200/sale-property-theoule-sur-mer-theoule-sur-mer-pr-06590" target="_blank">listed by Christie's International Real Estate</a>, makes an impression with its striking futuristic architecture, designed to look like a cluster of bubbles.</p><p>Once famously owned by the fashion designer Pierre Cardin, the eccentric 10-bedroom abode has a spherical living room and vast gardens complete with swimming pools and ponds.</p><p>Can't afford to buy the place? Take a quick tour of some of its rooms below:</p>

Take a tour of the most expensive home in Europe

<p><strong><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Gregory Payan/AP</span></p><p class="caption">Sam Darnold is considered one of the top quarterbacks in the 2018 NFL Draft and could be taken with a top pick.</p></div><p></p></div></div></strong></p><ul><li><strong>The New York Jets and New York Giants both made big trades that could affect how the top of the NFL draft plays out.</strong></li><li><strong>The Jets are thought to be targeting a quarterback at No. 3, while the Giants are a bit of an unknown, but could target defensive end Bradley Chubb with the second pick.</strong></li><li><strong>There are also rumors that the Giants could trade the second pick to a team looking to draft one of the top quarterbacks.</strong></li><li><strong>The moves may force the Cleveland Browns, who have the first and fourth picks, into taking a quarterback with the first pick.</strong></li></ul><p><br />The <a href="http://www.businessinsider.com/category/nfl-draft">2018 NFL Draft</a> is still two months away, but two big moves are starting to give the top of the draft a bit more order.</p><p>Last week, the <a href="http://www.businessinsider.com/jets-trade-picks-move-up-nfl-draft-2018-3">New York Jets traded a king's ransom to the Indianapolis Colts</a> to move up from the sixth to the third pick in the draft.</p><p>On Thursday, the New York Giants traded veteran defensive end Jason-Pierre Paul to the Tampa Bay Buccaneers for a third-round pick and a swap of their fourth-round picks.</p><p>The top four picks in the draft now belong to (in order) the Cleveland Browns, Giants, Jets, and Browns again. The moves may reveal a clarity about how the top of the draft could play out.</p><p>Many in the NFL world believe Jets' big move into the top three was to <a href="https://www.si.com/nfl/2018/03/17/new-york-jets-trade-indianapolis-colts-third-pick-sam-darnold-josh-rosen-baker-mayfield-josh-allen">ensure they get one of the top quarterbacks in the draft</a>. It's unclear who, exactly, the Jets may target, but this year's draft class is considered loaded, with prospects like Josh Allen, Sam Darnold, and Josh Rosen headlining the class. The Jets haven't found a long-term answer at quarterback in years, and the short-term deals for veterans like Josh McCown and <a href="http://www.businessinsider.com/teddy-bridgewater-brutal-contract-jets-2018-3">Teddy Bridgewater</a> suggest the Jets will try to look for a QB at No. 3.</p><p>The Giants, meanwhile, have been something of a blank slate, with needs at several positions. Some have thought the Giants could look for a replacement for Eli Manning by taking a quarterback, or could take running back Saquon Barkley, who <a href="http://www.businessinsider.com/saquon-barkley-combine-numbers-freakish-2018-3">impressed at the combine</a>. </p><p>But the Giants' trade on Thursday suggests they may go after defensive end Bradley Chubb, considered one of the best and safest picks in this year's draft. Trading Pierre-Paul opens up a spot on their defensive line.</p><p>These moves could shape how the Browns draft with the first and fourth picks. There was some debate about whether the Browns could take Barkley at No. 1 and then draft a quarterback at No. 4. But with the Jets breathing down their necks, and the general unknown of the Giants' plans, the Browns may have to take a quarterback sooner rather than later.</p><p>That urgency may double if the Giants trade the second overall pick. There's no indication that they will, but there have been murmurs that teams like the <a href="https://www.buffalorumblings.com/2018/3/19/17139770/buffalo-bills-trade-up-first-pick-dont-know-who-they-want-2018-nfl-draft-brandon-beane">Buffalo Bills</a> or <a href="http://www.sports360az.com/2018/03/cards-trade-rumors-swirling-qb-heavy-draft/">Arizona Cardinals</a> may trade up to try to get a quarterback. The Giants, with needs at several positions, could potentially acquire multiple picks to fill those holes. If a quarterback-needy team moves into the second spot, the Browns would have even less wiggle room when it comes to drafting a quarterback.</p><p>This year's draft order seems hazier than normal, but already we're seeing possible plans take shape. Quarterbacks tend to always go earlier than expected in the draft, and it may not be a surprise to see two or three get taken at the very top.</p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/richard-sherman-not-working-with-agent-contract-year-2018-3">Richard Sherman explains why he's working without an agent going into a contract year</a></h3>        <div>                    </div>    </div>

Two big NFL trades may have given us our clearest look yet at how the top of the draft will play out

<ul class="summary-list"><li><keyword id="50996" type="COUNTRY" weightage="60" keywordseo="Saudi-Arabia">Saudi Arabia</keyword>, the home of Islam, has outlawed churches and punished Christian worship for decades.</li><li>The kingdom's 1.4 million Christians meet in secret, but authorities are signaling more openness.</li><li>This is the inside story of the American mission to woo MBS to build the kingdom's first church.</li></ul><p>On a sunny, cloudless October morning in 2019, twenty-five American Christians gathered at the base of Jabal al-Lawz, an umber-colored mountain in northwest Saudi Arabia. </p><p>Their leader, the evangelical author and preacher Joel Richardson, took out a Bible he'd brought from back home in Kansas, and started to read out loud.</p><p>Soon after, he and his congregation began singing hymns, while their hired Saudi tour guides pulled out their smartphones, and started to film.</p><p>Richardson was leading the first-ever Christian tour to Saudi Arabia, the home of Islam where the public practice of any other religion is famously forbidden.</p><p>Still, the preacher was taken aback when his phone rang that evening. It was the State Department with a message: "Be careful."</p><p>Richardson is to this day bemused. "I guess some of the videos went viral on Saudi social media or something," he told Insider in a recent interview.</p><h2>Saudi Arabia is liberalizing, but Christians still worship underground </h2><p>The scene at Jabal al-Lawz, which some Christians believe to be the true location of Mount Sinai, illustrates the rapid social change underway in Saudi Arabia, as well as the dangers that still face the <a href="http://www.globalreligiousfutures.org/countries/saudi-arabia#/?affiliations_religion_id=11&amp;affiliations_year=2020&amp;region_name=All%20Countries&amp;restrictions_year=2016ns_year=2016">1.4 million Christians</a> living there. </p><p>In the past decade, those caught in the act of worship have been punished, arrested, jailed, or deported, and the sight of Christians brandishing Bibles and singing hymns in broad daylight would have riled many devout Muslims.</p><p>In 2014, the kingdom's religious police deported 12 Ethiopian Christians caught worshipping in Dammam in February, and raided a home in September after hearing it was used for church services, <a href="https://www.refworld.org/topic,50ffbce40,50ffbce469,562105556,0,,,SAU.html">the State Department said</a>. In 2011, 35 Christians were arrested at a private gathering in Jeddah, <a href="https://www.hrw.org/news/2012/01/30/saudi-arabia-christians-arrested-private-prayer">Human Rights Watch reported</a>, adding that 29 women among them were "subjected to arbitrary body cavity searches."</p><p>Saudi Arabia's millennial crown prince, <keyword id="2750192" type="PERSON" weightage="60" keywordseo="Mohammed-bin-Salman">Mohammed bin Salman</keyword> - known also by his initials, MBS - has reformed his country since taking power in 2017. Yet advances in religious freedom have come slowly, clearly posing a more existential issue for the crown prince to tackle than <a href="https://www.businessinsider.com/female-solo-traveler-went-to-saudi-arabia-heres-what-i-saw">mass tourism</a>, <a href="https://www.businessinsider.com/saudi-arabia-censors-black-pather-first-movie-in-35-years-2018-4">Hollywood blockbusters</a>, or <a href="https://www.insider.com/influencers-criticized-for-saudi-arabian-music-festival-trips-2019-12">music festivals</a>.</p><div type="image" title="Saudi and foreign media representatives listen to Saudi Crown Prince Mohammed bin Salman remotely addressing a press conference, at the G20 summit's Media Center in the capital Riyadh, on November 22, 2020. (Photo by FAYEZ NURELDINE / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)" height="2464" width="4928" msid="80749477" hostid="261"></div><p>"There are no churches here," one Christian who has lived in Saudi Arabia all her adult life told Insider. "We choose to lay low in respect to their <keyword id="24504" type="ORGANIZATION" weightage="60" keywordseo="culture">culture</keyword> and religion." The person requested anonymity over fears for her safety, but her identity is known to Insider.</p><p>As more non-Muslim expats arrive for work, the kingdom has increasingly turned a blind eye to their faith - <a href="https://www.reuters.com/article/us-saudi-police-idUSKCN0XA24Y">neutering the religious police</a> in 2016 - while maintaining that Bible preaching or proselytizing Muslims is unacceptable.</p><p>But MBS has also enforced a near-total silencing of opposition to his rule, comprising <a href="https://www.insider.com/princess-basmah-saudi-arabia-humanitarian-prisoner-mystery-kidnap-mbs-2020-5">arbitrary detentions</a>, <a href="https://www.businessinsider.com/bezos-saudi-hack-report-boycott-amazon-trending-social-media-2020-1">bot armies</a>, <a href="https://www.businessinsider.com/saudi-arabia-mbs-lawsuit-denies-ordering-hit-squad-claims-immunity-2020-12">alleged assassinations</a>, <a href="https://www.insider.com/the-murder-of-jamal-khashoggi-2019-10">alleged murder</a>, and widespread efforts to spy on or hack <a href="https://www.businessinsider.com/twitter-saudi-dissident-suing-breach-whistleblower-deaths-ali-al-ahmed-2020-8">opponents at home</a> and <a href="https://www.businessinsider.com/saudi-hack-jeff-bezos-phone-mohammed-bin-salman-months-gigabytes-2020-1">abroad</a>.</p><p>The State Department's warning to Richardson was clear: As a Christian in Saudi Arabia, tread carefully.</p><h2>A yearslong courtship</h2><p>The US government has for years asked Saudi Arabia to end the ban on churches, with little success.</p><p>"I have gone there and talked to top leaders about opening up a church for these people and they have always said, 'Saudi Arabia is different and it is the land of the two holiest shrines of Islam,'" Nina Shea, a former US Commissioner on International Religious Freedom, told Insider. "The whole country is a shrine, in a sense, and therefore they cannot have a church built."</p><p>David Rundell, a former chief of mission at the US Embassy in Riyadh, added: "It's something that we have spoken to the Saudis about on numerous occasions." </p><p>Since MBS's ascension, a group of US evangelical heavyweights have taken the baton. In October 2018, Joel Rosenberg, one of America's prominent evangelical authors, accepted an invitation from the prince to meet him in Riyadh.</p><p>With Rosenberg came the Rev. Johnnie Moore, a religious advisor to President Donald Trump, and a string of other <a href="https://dictionary.cambridge.org/dictionary/english/televangelist">televangelists</a>. (Trump's 2016 victory was largely thanks to evangelical support, and top officials like Secretary of State Mike Pompeo, who is an evangelical, have close ties to Rosenberg.)</p><p>It was the first time a group of American evangelicals had entered a Saudi royal court in 300 years and, in a two-hour meeting conducted off the record, MBS "discussed virtually every controversial issue," <a href="https://www.foxnews.com/opinion/joel-rosenberg-saudi-arabia-and-iran">Rosenberg later wrote for Fox News</a>, without specifying.</p><p>Rosenberg said he also asked MBS when he would let a church be built.</p><p>"Not now," MBS replied, as <a href="https://www.facebook.com/watch/?v=526252704506858">Rosenberg later told Israel's i24News</a>. "This would be a gift to al-Qaeda," the prince added, referencing the fact that the terrorist group has often <a href="https://edition.cnn.com/2015/04/24/world/terrorists-attacks-on-christianity/index.html">targeted Christians</a> and <a href="https://www.aljazeera.com/news/2010/11/2/al-qaeda-claims-iraq-church-attack">churches</a>.</p><div type="image" title="A delegation of US evangelicals meeting with Crown Prince Mohammed bin Salman (R) in Riyadh on September 10, 2018.." height="650" width="1300" msid="80749480" hostid="261"></div><p>As Saudi Arabia's leaders, Crown Prince Mohammed and his father King Salman are tasked with defending Islam, and the feasibility of a church on their land concerns a disputed saying of the Prophet Muhammad: That no two religions should exist on the Arabian peninsula. </p><p>Some clerics have argued that the rule only applies to the holy cities of Mecca and Medina. According to Rosenberg, MBS also told the 2018 meeting he had "asked my scholars" to define the Arabian peninsula.</p><p>Not deterred, Rosenberg and his group returned to Saudi Arabia in 2019, and left once again with evidence that change was afoot. The delegation was briefed about the historic existence of churches on the peninsula, Moore told Insider recently, adding: "It is a very significant thing - open conversations about archaeological evidence of churches that existed at the time of the Prophet."</p><p>There, MBS also acknowledged that the Prophet had "lived peacefully among Jews and Christian monks," wrote attendee Skip Heitzig, the senior pastor of Calvary of Albuquerque, in a subsequent <a href="https://www.assistnews.net/an-evangelical-pastor-and-a-saudi-crown-prince/?fbclid=IwAR2W5mxHqNhc1GTK8bfeGlE4ASsWMhI-AoVhJVuFg3NMzpMxYLOdRFj6mvQ">blog post</a>.</p><p>The delegation was set to visit MBS once again in 2020, but the pandemic put an end to those plans, a representative for Rosenberg told Insider, adding that a 2021 trip may be derailed for the same reason. </p><p>Despite the hurdles, the group have kept steady pressure on Saudi officials. On September 28, 2020, Rosenberg and seven other evangelicals from the 2018 and 2019 trips traveled to McLean, Virginia, to dine at the home of Princess Reema bint Bandar al-Saud, the Saudi ambassador to the US, the representative said.</p><p>The Royal Embassy of Saudi Arabia in Washington, DC, did not respond to Insider's request for comment for this article.</p><h2>A possible location</h2><p>Though efforts to secure a church in Saudi Arabia have seemed fruitless to date, experts say it is a matter of when, not if.</p><p>"Definitely, I think it's coming," Prince Abdullah bin Khaled al-Saud, a Saudi academic, told Insider. "Especially in the diplomatic quarter in Riyadh or <keyword id="5920297" type="UNKNOWN" weightage="60" keywordseo="NEOM">Neom</keyword>."</p><p>Neom is a <a href="https://www.businessinsider.com/neom-what-we-know-saudi-arabia-500bn-mega-city-2019-9">$500 million, carbon-neutral, 10,230-square-mile</a> megacity due to be completed in 2025, and MBS's pet project. Promotional brochures shared with Insider show Neom would have a diverse population "from a mix of homelands, religions and backgrounds," and a "progressive law compatible with international norms." </p><div type="image" title="NEOM Saudi" height="960" width="1920" msid="80749481" hostid="261"></div><p>Ali Shihabi, a member of Neom's advisory board, told Insider: "The issue has been mentioned for Neom," adding that a church was "certainly on the to-do list of the leadership."</p><p>Rundell, the former diplomat in Riyadh, told Insider that Neom is a feasible location for the first church due to the unique nature of the legal system. "Neom is creeping toward being a non-Saudi entity in many regards," he said.</p><p>However, others think placing a church in Neom will be meaningless.</p><p>"It's going to be a PR stunt," Ali al-Ahmed, a Saudi analyst, told Insider. "You need to have one where most of the Christians living in the big cities are: Jeddah, Riyadh."</p><p>Shea, the former US commissioner on religious freedom, said that while most Christians living in those cities would find little use for a church hundreds of miles away, "it would be helpful to have a symbol of tolerance ... that isn't a mosque in Neom."</p><p>"It's something."</p><p>While Neom is believed to be the leading contender for the first Saudi church, Shihabi said the diplomatic quarter in Riyadh is another likely setting. "That allows an element of 'diplomatic cover' for public consumption," he said.</p><p>For religious leaders like the Catholic bishop Paul Hinter, whom Pope Francis appointed last May as Apostolic Administrator for the Northern Vicariate of Arabia, it is important that the flock in Saudi Arabia have a church that they can actually access. </p><p>"My wish is that such churches or worship places be located where the expat workers and employees are living," he told Insider, "and not only in the future showcase city or cities."</p><p>Rosenberg has not publicly commented on the feasibility of a church in Neom. However, during the 2019 visit, he was taken to see the site, <a href="https://www.arabnews.com/node/1553726/saudi-arabia">telling Arab News</a> he was "eager to come back and bring others when the time is right."</p><div type="image" title="FILE PHOTO: Saudi Crown Prince Mohammed Bin Salman announces a zero-carbon city called &quot;The Line&quot; to be built at NEOM in northwestern Saudi Arabia, January 10, 2021. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY/File Photo" height="1806" width="3612" msid="80749483" hostid="261"></div><h2>The quest for a church in Saudi Arabia is long and contentious</h2><p>Rumors that Christian leaders of various denominations have negotiated with the Saudis for a church have swirled for decades, long before MBS's rise. Each Christian denomination has its own house of worship, and the ultimate goal is for each to have their own church in Saudi Arabia.</p><p>In 2008, Catholic Archbishop Paul-Mounged el-Hashem <a href="https://www.theguardian.com/world/2008/mar/18/religion.saudiarabia">told The Guardian that</a> "discussions are under way" about building a church. And in 1973, Pope Paul VI sanctioned the building of the first Saudi-funded mosque in Rome, believing a reciprocal gesture would come from the kingdom. It did not.</p><p>In Washington, the necessity for securing a church in Saudi Arabia has gone in and out of fashion as different administrations passed through the White House. "It was quite an important issue during the Bush administration because they had a strong domestic constituency amongst religious conservatives," Rundell said, adding the issue was also important to the Trump administration.</p><p>President Joe Biden's plans are less clear. <a href="https://www.nbcnews.com/think/opinion/why-trump-still-ignoring-saudi-arabia-s-brutal-human-rights-ncna989806">Unlike his predecessor</a>, he has promised to hold Saudi Arabia accountable for its actions, vowing <a href="https://abcnews.go.com/Politics/biden-reviews-us-saudi-relations-pressure-rises-remake/story?id=75475490">during his election campaign</a> to make the kingdom "the pariah that they are." The State Department declined to comment.</p><div type="image" title="Saudi Crown Prince Mohammed bin Salman meets with Lebanese Maronite Patriarch Bechara Boutros Al-Rahi in Riyadh, November 14, 2017. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY." height="928" width="1856" msid="80749485" hostid="261"></div><p>MBS has shown greater willingness to embrace different religions, having already met with Maronite Patriarch Bechara Boutros al-Rai, Coptic Bishop Ava Morkos, Catholic Cardinal Jean-Louis Pierre Tauran, and the Archbishop of Canterbury Justin Welby.</p><p>But before MBS, religious authorities in the Middle East had little success in engaging their Saudi counterparts on the issue.</p><p>Bishop Paul Hinder, who as a Catholic envoy in the region visited Saudi Arabia every year from 2004 to 2011, told Insider it was "almost impossible to get in touch with civil or/and religious authorities" at the time.</p><p>The kingdom is now showing willing, Hinder said, though adding that the reality for Christians remains "far from being 'normal.'" </p><p>Moore added: "I personally believe religious freedom is possible in Saudi Arabia and I didn't believe that before."</p><h2>MBS will make the call, but some will object</h2><p>If MBS ends the ban on churches, it will not go unopposed.</p><p>"Is there going to be a pushback? I definitely think there will be," Prince Abdullah, the academic, told Insider. "[But] are they going to be violent? I doubt that because of the efficiency and strength of the security apparatus in the kingdom."</p><p>One opponent is Sheikh Assim al-Hakeem, a leading Saudi cleric. "Do you see any mosques in the Vatican? No. Likewise, we are not allowed to have any churches," he told <a href="https://www.youtube.com/watch?v=85qkjxrRoAA">his YouTube channel</a>.</p><p>"These lands are holy lands."</p><h2>A labor of love</h2><p>Christian tours to Saudi Arabia, like Richardson's in October 2019, are growing in popularity as the kingdom becomes more tolerant. Living Passages, a leading Christian tour company, is already offering <a href="https://livingpassages.com/christian-tours/saudi-arabia/">four trips in 2021</a>, while others are <a href="https://discoveredsinai.com/trip/midian-tour-arabia/">seizing the moment.</a></p><p>"This could be one of the top [Christian] tourist sites in the world, especially in the northwest where they're trying to develop the Neom project," said Ryan Mauro, who leads Christian tours to Saudi Arabia. </p><p>A church is coming for Saudi Arabia, experts are sure, but the timeline is unclear. Even Rosenberg, who spent hours pressing MBS on religious freedom, is hopeful but not holding his breath.</p><p>"The crown prince's plan, after all, is Vision 2030, not Vision 2020," <a href="https://english.alarabiya.net/en/views/news/middle-east/2019/09/19/We-visited-Saudi-Arabia-on-the-eve-of-9-11-the-Kingdom-is-changing-for-good">he wrote</a> after his 2019 visit. </p><p>For the Christian community, the quest for a church is a labor of love.</p><p>"I should be happy on the day when the hundreds of thousands of Catholics living in Saudi Arabia will have their churches and the possibility to gather and pray in freedom," Bishop Hinder said.</p>

Inside the evangelical mission to build the first church in Saudi Arabia, the home of Islam where preaching the Bible can land you in jail

<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source"><span>Win-Win</span></p><p class="caption">Michael Tauiliili-Brown, founder CEO of Win-Win</p></div><p></p></div></div>Mike Brown's short-lived time in the NFL made him grateful for one thing: that his mom made him keep his grades up in order to play sports.</p><p>Thanks to that, today Brown has another dream job, as CEO of a year-old startup called <a href="https://www.trywinwin.com/">Win-Win</a>.</p><p>But back in 2009, when the two-time all-American linebacker from Duke University got picked up as a free agent for the Indianapolis Colts, he thought his dreams of an NFL career had come true. It didn't. <a href="http://www.wthr.com/article/painter-makes-colts-final-cut">The Colts cut him from the roster </a>at the end of training camp.</p><p>He kicked around for a few years in <a href="http://www.oursportscentral.com/services/releases/mountain-lions-sign-12-more-players/n-4220013">the United Football League</a>, best known for <a href="http://footballgarbagetime.com/2015/06/what-the-united-football-league-who/">its fast failure and low salaries.</a> UFL went defunct after a few years.</p><p>"I didn't play football for as long as I wanted to. I didn't make it to retirement/pension. I was there for a Hollywood second, bounced around. Never able to get to big contract," he told Business Insider.</p><p>In 2013, after four years, he was done as a pro player. He planned to go get his MBA. That's when he, quite literally, got the calling to go to Silicon Valley and do a tech startup instead.</p><p>"I was getting ready to go to Rice University and a friend of mine in the Bay Area told me about this program that he heard about called Draper University. I didn't know anything about Silicon Valley. All I knew that Facebook was here," he said.</p><p>On a lark, he applied to the program but didn't think he'd really do it.</p><h2>Tim Draper comes calling</h2><p>Soon after, billionaire VC Tim Draper personally called Brown. Draper is known for his eccentric, boisterous, confident personality. He's hard to say no to.</p><p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source"><span>Business Insider</span></p><p class="caption">Tim Draper</p></div><p></p></div></div>"If anyone else would have called, I probably would not have changed my plans to go back to school. But he said, "Hey, Mike, this is Tim. We loved your application. You're in. Full scholarship. We'll see you in March. And I was like, "Uh. I guess I'll change my plans."</p><p>Draper University, as the program is called, isn't a university but a two-month boot camp for wanna-be tech entrepreneurs. It had launched the year before as Draper's brainchild to teach people leadership skills in unconventional ways.</p><p>While other accelerator programs focus on building a product, Draper U does things like military survival training (Draper calls it "hero training") where students spend days in the wilderness foraging for food and shelter. They compete in offbeat contests too, like "to sell something embarrassing, or go to San Francisco and come back with a job offer, on paper, in 24 hours," <a href="http://www.businessinsider.com/tim-draper-expands-his-entrepreneur-school-2016-5">Draper previously told Business Insider.</a></p><p>At one point, Draper even turned his university into a reality TV show, Startup U, that aired on ABC Family, though it only ran for one season.</p><p>Brown loved it.</p><p>"I came out of Draper very confident," he says. "Ideas are coming out Draper's head like crazy. As wacky as the program seems to be, it changed my life."</p><p>He vowed to himself, "I'm going to move to Silicon Valley and I'm going to start my own startup.'"</p><h2>Cold calls and working hard</h2><p>But he didn't have a job in the expensive Bay Area, so he went back to Houston, determined to return.</p><p>"Life was also happening. I got married. We had a child," he said. "During that time, I taught myself how to code, how to design. Knowing how to code or at the very least know how to talk to developers is important. So all day, all night, laying in bed, I was cranking out HTML/CSS, Javascript, jQuery all of it."</p><p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source"><span>Kiip</span></p><p class="caption">Kiip founder Brian Wong.</p></div><p></p></div></div>Brown's wife finished up her master's degree in education (while she was pregnant) and got hired at California State University as a counselor.</p><p>"My wife believed in me. We moved to the Bay Area the next year. My job was to get a job," he said.</p><p>Once in the Bay Area, he contacted everyone he could think of. He sent a cold email to a guy at a startup called Kiip who graduated years after him, but remembered the star football player.</p><p>Kiip is a mobile advertising company known in its early days for its young founder, Brian Wong, who landed $200,000 of seed funding at age 19. He <a href="http://blogs.wsj.com/venturecapital/2010/08/06/betting-venture-capital-on-an-unproven-19-year-old/">was one of the youngest people to ever land funding</a> back then, in 2010.</p><p>Brown was offered an entry-level, cold-calls sales job. He worked his way up to a full sales job within four months and started making "good money," he says. He also had another kid on the way. "We moved to a bigger place. I became the tech guy for my friends. They started pitching me ideas. It was funny. I was in a really good place."</p><p>While at Kiip, his co-workers talked him into joining their Fantasy Football sports league, his first time playing. They convinced him it wasn't about winning the money at the end of the season but about teasing each other all season long.</p><p>That was the same season that FanDuel and DraftKings were smothering the airwaves with ads, which got Brown thinking. Why weren't the players tweeting about the daily fantasy?</p><p>"I called players that I knew and they told me two things: they didn't care enough to have an opinion or they flat out didn't like it," he said. One player, Pierre Garcon of the Washington Redskins <a href="http://www.espn.com/chalk/story/_/id/14011070/pierre-garcon-washington-redskins-leads-class-action-lawsuit-fanduel">even sued FanDuel </a>for using his image repeatedly on an infomercial without permission or compensation. (<a href="http://www.si.com/fantasy/2016/01/19/washington-redskins-pierre-garcon-fanduel-settlement">They settled out of court</a>.)</p><h2>Replace gambling with charity</h2><p>It gave Brown a "light bulb moment," he said. If fans were really just playing for fun, not money, why not let the money go to the player's charity, something "that is more impactful and more important to an athlete? And in exchange you would be able to win something that money can't buy," like hanging out with the athlete.</p><p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source"><span>Mike Brown and Arizona Cardinals Patrick Peterson</span></p><p class="caption">Mike Brown and Arizona Cardinals Patrick Peterson</p></div><p></p></div></div>He asked the players if they would be willing to donate their time or other stuff if it raised money for their causes and "100% of the time, 'Hell, yeah' was the answer. Because they didn't even have to do anything. They didn't have to host a golf tournament or a benefit dinner," he said.</p><p>Brown was laid off from Kiip in November and founded his company, Win-Win in January, just in time to attend the Fantasy Sports Trade Association (FSTA) conference in Dallas.</p><p>That's where he pitched his startup idea to a panel that included Mark Cuban.</p><p>Cuban didn't invest, but the exposure helped him land a bunch of other angels who put in about $1 million, he says.</p><p>"Within nine months, I had built a small team, raised a good chunk of money for a first time founder and launched on time," Brown says. Win-Win currently employs four full-time people and three contractors, he says.</p><p>The first tournament was launched in September at the start of football season. The prize was a trip on a private jet with Arizona Cardinals cornerback Patrick Peterson to watch the LSU vs. Alabama game with him. The tournament raised money for the Louisiana flood victims via the Baton Rouge Area Foundation on behalf of Peterson.</p><p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source"><span>Win-Win</span></p><p class="caption">Win-Win winners jet ride</p></div><p></p></div></div>Other tournaments gave away sideline tickets to Cardinals and San Francisco 49ers games, and prizes ranging from signed jerseys to discounts at the sports retailer, Fanatics. Brown wants everyone who plays to win something.</p><p>Currently, Win-Win makes its money by taking a small percentage of the entry fees but he says he's exploring other fees, too, perhaps on the marketing/advertising side.</p><p>For his first year, he's attracted about 3,500 players and had over over 65 athletes express interest. He's now ramping up to launch for the NBA season and launching other ways to play, like bracket games.</p><p>While there's no telling if Win-Win will ultimately succeed, the concept is intriguing. Because all the money goes to charity, Win-Win may not face the kind of "is-this-gambling?" scrutiny that originally plagued FanDuel.</p><p>And Brown is living his second dream of being a tech entrepreneur.</p>     <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/fanduel-founders-daily-fantasy-sports-craze-2015-10">How FanDuel, the billion-dollar New York City startup, launched the now-controversial daily fantasy sports craze</a></h3>        <div>            <div>        <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="8waWM4eDqD9-ixpIztKtsAYltXR0yPeQ" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>        </div>        </div>            </div>

How a crazy tech 'university' and fantasy sports saved this former pro football player

<p><em>The Insider Picks team writes about stuff we think you'll like. 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The suitcases will be easy to keep track of since they're all the same color. (And if you have kids, you <em>definitely</em> know how hard it is to keep track of things.)</p><p style="text-align: center;">If you want something extremely sturdy...<br><a href="http://www.amazon.com/gp/product/B00FH69N3C/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00FH69N3C&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=Q5NOEIUR7Z626CD3"><strong>Nautica charter 3-piece set</strong><br /></a><span style="text-decoration: line-through;">$1,140.00</span><span style="font-size: 15px; line-height: 1.5em;"> </span><strong><a href="http://www.amazon.com/gp/product/B00FH69N3C/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00FH69N3C&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=Q5NOEIUR7Z626CD3">$209.99</a> <span style="color: #ff0000;">[82% off]</span></strong></br></p><p style="text-align: center;">If you want something luxurious looking without spending thousands...<br><a href="http://www.amazon.com/gp/product/B008XLXOG0/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B008XLXOG0&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=4DWB4A4QMIAOPFHK"><strong>Pierre Cardin signature spinner 4-piece set</strong><br /></a><span style="text-decoration: line-through;">$1,120.00</span> <strong><a href="http://www.amazon.com/gp/product/B008XLXOG0/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B008XLXOG0&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=4DWB4A4QMIAOPFHK">$279.99</a> <span style="color: #ff0000;">[75% off] </span></strong></br></p><p style="text-align: center;"><span style="color: #ff0000;"><span style="color: #000000;">If you want something that can expand for 25% more packing capacity...<br><a href="http://www.amazon.com/gp/product/B00503GPO2/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00503GPO2&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=W7ITAYIBQXZBFR3Y"><strong>Traveler's Choice Tasmania 3-piece set</strong><br /></a></br></span></span><span style="text-decoration: line-through;">$899.99</span><span style="font-size: 15px; line-height: 1.5em; color: #000000;"> </span><a href="http://www.amazon.com/gp/product/B00503GPO2/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00503GPO2&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=W7ITAYIBQXZBFR3Y"><strong>$230.30</strong></a><span style="font-size: 15px; line-height: 1.5em; color: #000000;"> </span><span style="color: #ff0000;"><strong>[74% off]</strong></span></p><p style="text-align: center;"><span style="color: #ff0000;"><span style="color: #000000;">If you want something bright that's easy to find at the baggage carousel...<br><a href="http://www.amazon.com/gp/product/B00EALLQ8A/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00EALLQ8A&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=FLTYPGXZLBF6ZABC"><strong>Samsonite luggage Winfield 3-piece set</strong><br /></a><span style="text-decoration: line-through;">$1,000.00</span> <strong><a href="http://www.amazon.com/gp/product/B00EALLQ8A/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00EALLQ8A&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=FLTYPGXZLBF6ZABC">$368.61</a> <span style="color: #ff0000;">[63% off]</span></strong></br></span></span></p><p style="text-align: center;"> </p><h2 style="text-align: center;">Individual suitcases</h2><p>If you travel every week for work, a sturdy suitcase is an absolute must-have. These are the best options for frequently flyers.</p><p><div class="KonaFilter image-container display-table"><div><div class="image"></div><p></p></div></div></p><p style="text-align: center;">If you want something bright that you won't lose...<br><a href="http://www.amazon.com/gp/product/B00AG0J1YU/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00AG0J1YU&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=QUPK23VRTXWEI3U6"><strong>Samsonite luggage flight upright 31 travel bag</strong><br /></a><span style="text-decoration: line-through;">$420.00</span> <strong><a href="http://www.amazon.com/gp/product/B00AG0J1YU/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00AG0J1YU&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=QUPK23VRTXWEI3U6">$157.49</a><span style="color: #ff0000;"> [63% off]</span></strong></br></p><p style="text-align: center;">If you want four twin spinner wheels for multi-directional rolling...<br><a href="http://www.amazon.com/gp/product/B008PSWVD8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B008PSWVD8&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=TH6BYF5A2DWJCAJJ"><strong>Delsey luggage helium spinner trolley</strong><br /></a><span style="text-decoration: line-through;">$360.00</span> <strong><a href="http://www.amazon.com/gp/product/B008PSWVD8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B008PSWVD8&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=TH6BYF5A2DWJCAJJ">$152.92</a> <span style="color: #ff0000;">[58% off]</span></strong></br></p><p style="text-align: center;">If you want something classic and sleek looking...<br><a href="http://www.amazon.com/gp/product/B009R1FEQ8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B009R1FEQ8&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=MY55YIUATOSC7FDK"><strong>Samsonite luggage Inova spinner</strong><br /></a><span style="text-decoration: line-through;">$520.00</span> <strong><a href="http://www.amazon.com/gp/product/B009R1FEQ8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B009R1FEQ8&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=MY55YIUATOSC7FDK">$260.00</a><span style="color: #ff0000;"> [50% off]</span></strong></br></p><p style="text-align: center;">If you want something that expands for added packing capacity...<br><a href="http://www.amazon.com/gp/product/B00EALLN6A/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00EALLN6A&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=C2CPNFN3UFTLNELO"><strong>Samsonite luggage fashion spinner</strong><br /></a><span style="text-decoration: line-through;">$340.00</span> <strong><a href="http://www.amazon.com/gp/product/B00EALLN6A/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00EALLN6A&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=C2CPNFN3UFTLNELO">$127.49</a> <span style="color: #ff0000;">[63% off]</span></strong></br></p><h2 style="text-align: center;">Carry-on luggage</h2><p>If you're traveling for work, it can be such a pain to check your luggage. Instead, get yourself a bag that fits the carry-on measurement requirement so that you can zip right out of the airport when you land.</p><p><div class="KonaFilter image-container display-table"><div><div class="image"></div><p></p></div></div></p><p style="text-align: center;">If you want something super small, but super sturdy...<br><a href="http://www.amazon.com/gp/product/B005ME37Q8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B005ME37Q8&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=YVWYZUWI2IMC7Q6M"><strong>Travelpro luggage rolling tote</strong><br /></a><span style="font-size: 15px; line-height: 1.5em; text-decoration: line-through;">$200.00</span><strong> <a href="http://www.amazon.com/gp/product/B005ME37Q8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B005ME37Q8&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=YVWYZUWI2IMC7Q6M">$85.99</a> <span style="color: #ff0000;">[57% off]</span></strong></br></p><p style="text-align: center;">If you want something with multi-directional spinner weals...<br><a href="http://www.amazon.com/gp/product/B00AFUHVOI/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00AFUHVOI&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=7QTZOAGPQWQVSPON"><strong>Samsonite luggage spinner</strong><br /></a><span style="text-decoration: line-through;">$560.00</span> <strong><a href="http://www.amazon.com/gp/product/B00AFUHVOI/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00AFUHVOI&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=7QTZOAGPQWQVSPON">$169.48</a><span style="color: #ff0000;"> [70% off]</span></strong></br></p><p style="text-align: center;">If you want something with two compartments for packing and organization...<br><a href="http://www.amazon.com/gp/product/B00OZW6IIW/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00OZW6IIW&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=O3WUP62CWOARWYPY"><strong>Delsey luggage helium aero carry-on</strong><br /></a><span style="text-decoration: line-through;">$300.0</span>0 <strong><a href="http://www.amazon.com/gp/product/B00OZW6IIW/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00OZW6IIW&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=O3WUP62CWOARWYPY">$180.01</a><span style="color: #ff0000;"> [60% off]</span></strong></br></p><p style="text-align: center;">If you want something with a specific padded laptop compartment...<br><a href="http://www.amazon.com/gp/product/B00AFUHTN6/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00AFUHTN6&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=7BWF2OHTKWBQ6OOM"><strong>Samsonite luggage silhouette sphere bag</strong><br /></a><span style="text-decoration: line-through;">$400.00</span> <strong><a href="http://www.amazon.com/gp/product/B00AFUHTN6/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00AFUHTN6&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=7BWF2OHTKWBQ6OOM">$129.99</a><span style="color: #ff0000;"> [68% off]</span></strong></br></p><h2 style="text-align: center;">Travel duffel</h2><p>Travel duffels are the best option if you're carrying a lot of lightweight items. Think: clothes, sleeping bags, pillows. If your kids will be heading to camp this summer, this is a great choice for them. (After all, no one wants to roll around a suitcase in camp mud.)</p><p><div class="KonaFilter image-container display-table"><div><div class="image"></div><p></p></div></div></p><p style="text-align: center;">If you want something luxurious looking without breaking the bank...<br><a href="http://www.amazon.com/gp/product/B005YTPEJY/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B005YTPEJY&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=AFSI7G4C3YD3SPW4"><strong>Rioni signature brown duffel traveler</strong><br /></a><span style="text-decoration: line-through;">$278.00</span> <strong><a href="http://www.amazon.com/gp/product/B005YTPEJY/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B005YTPEJY&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=AFSI7G4C3YD3SPW4">$187.50</a><span style="color: #ff0000;"> [33% off]</span></strong></br></p><p style="text-align: center;">If you want something bright that won't get lost....<br><a href="http://www.amazon.com/gp/product/B00NI29YMW/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00NI29YMW&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=BDFI27GMB6O5YOE6"><strong>Samsonite tote-a-ton duffel luggage</strong><br /></a><a href="http://www.amazon.com/gp/product/B00NI29YMW/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00NI29YMW&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=BDFI27GMB6O5YOE6">$78.00</a></br></p><p style="text-align: center;">If you want a great sporty option...<br><a href="http://www.amazon.com/gp/product/B004T38UW4/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B004T38UW4&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=BPDUFYAO5FG7UCAK"><strong>Olympia duffel bag</strong><br /></a><span style="text-decoration: line-through;">$37.49</span> <strong><a href="http://www.amazon.com/gp/product/B004T38UW4/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B004T38UW4&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=BPDUFYAO5FG7UCAK">$30.99</a> <span style="color: #ff0000;">[17% off]</span></strong></br></p><p style="text-align: center;"><span style="font-size: 15px; line-height: 1.5em;">If you want a great overnight bag...<br><a href="http://www.amazon.com/gp/product/B00ICGLCEC/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00ICGLCEC&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=TPTLZRLUKVZ72JUI"><strong>Herschel Supply Co. strand satchel</strong><br /></a><a href="http://www.amazon.com/gp/product/B00ICGLCEC/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00ICGLCEC&amp;linkCode=as2&amp;tag=biipluggagepapril21-20&amp;linkId=TPTLZRLUKVZ72JUI">$59.99</a></br></span></p><p> </p><p class="tagline">Disclosure: This post is brought to you by Business Insider's Insider Picks team. We aim to highlight products and services you might find interesting, and if you buy them, we may get a small share of the revenue from the sale from our commerce partners, including Amazon. Jeff Bezos, CEO of Amazon, is an investor in Business Insider through his personal investment company Bezos Expeditions. We operate independently from our advertising sales team. We welcome your feedback.Have something you think we should know about? Email us at insiderpicks@businessinsider.com.</p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/charge-iphone-faster-apple-battery-life-2015-2">How to supercharge your iPhone in only 5 minutes</a></h3>        <div>            <div>        <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="9hdGRuczob3nOr91AW6QS6gV7dw6BzKX" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>        </div>        </div>            </div></hr></hr></hr></hr></hr>

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<p><div class="KonaFilter image-container display-table"><div><div class="image"><p class="source"><span><a href="http://www.vatican.va/phome_en.htm">Vatican</a></span></p><p class="caption">Popes John Paul II and Popes John XXIII</p></div><p></p></div></div>On Sunday, a mashup of past and present papacies, the globe's roughly 1 billion Catholics, and heads of state from around the world will honor John Paul II and John XXIII as they are jointly proclaimed saints for the first time in the Church's 2,000-year history.</p>
<p>For such a momentous and historic occasion, the ceremony is actually quite short and surprisingly straightforward.</p>
<h2>How One Becomes A Saint</h2>
<p>First, a person may be considered for sainthood, he/she must have been dead for at least 5 years. According to the <a href="http://www.usccb.org/upload/making-saints.pdf" target="_blank">United States Conference Of Catholic Bishops</a>, there are three steps to sainthood. </p>
<ul>
<li>"Venerable" - candidate is declared by a pope as having ''heroic' virtues. This is achieved through the collection of documents and testimonies. </li>
<li>"Blessed" - there must be proof that the candidate performed at least one miracle during his/her life</li>
<li>"Saint" - another miracle must be performed after death</li>
</ul>
<h2>Miracles</h2>
<p>In the case of Pope John Paul II, <a href="http://www.businessinsider.com/miracle-behind-john-paul-iis-sainthood-2014-4" target="_blank">a woman named Floribeth Mora </a><span style="font-size: 15px; line-height: 1.5em;"><a href="http://www.businessinsider.com/miracle-behind-john-paul-iis-sainthood-2014-4" target="_blank">was on her deathbed</a>, suffering from an incurable brain aneurysm<span style="font-size: 15px; line-height: 1.5em;"> </span>in 2011. <div class="KonaFilter image-container display-table float_left"><div><div class="image"><p class="source"><span>Juan Carlos Ulate/Reuters</span></p><p class="caption">Floribeth Mora cries at a press conference regarding her inexplicable healing from an incurable brain aneurysm.</p></div><p></p></div></div></span></p>
<p><span style="font-size: 15px; line-height: 1.5em;">She held a photograph of John Paul II and while </span><span style="font-size: 15px; line-height: 1.5em;">laying in bed one day, Mora claims she heard, "Stand up. Don't be afraid."</span></p>
<p><span style="font-size: 15px; line-height: 1.5em;"></span><span style="font-size: 15px; line-height: 1.5em;">Then, the aneurysm inexplicably disappeared.</span></p>
<p>Another miracle involved French nun Marie Simon Pierre, who said her symptoms of Parkinson's disease disappeared after she prayed to the pontiff following his death, according to <a href="http://abcnews.go.com/International/miracles-put-pope-john-paul-ii-fast-track/story?id=23467594" target="_blank">ABC News</a>.</p>
<p>As for Pope John XXIII, he is recognized as holy enough to be canonized with only one miracle. <span style="font-size: 15px; line-height: 1.5em;">The pontiff reportedly cured a nun suffering a severe gastric illness in 1966.</span></p>
<h2><strong>What To Expect At Tomorrow's Ceremony <br /></strong></h2>
<p>The ceremony, celebrated mostly in Latin, will begin at approximately 2 a.m. Eastern Time with prayers, hymns, followed by the <span style="font-size: 15px; line-height: 1.5em;"><a href="https://www.ewtn.com/Devotionals/Litanies/saints.htm" target="_blank">roll call of the Church's nearly 10,000 saints</a>, each one followed by the Latin phrase "Ora pro nobis" meaning "Pray for us."</span></p>
<h2><strong><div class="KonaFilter image-container display-table float_right"><div><div class="image"><p class="source"><span>Vadim Ghirda/AP</span></p><p class="caption">A man wears a flag depicting Pope John Paul II outside St. Peter's Square at the Vatican.</p></div><p></p></div></div></strong></h2>
<p>Once all of this is completed, Pope Francis will process to the altar with con-celebrant <span>emeritus Pope Benedict XVI </span><span>and </span><span>150 cardinals and 700 bishops. </span></p>
<p><span>This is the first time Benedict will join Francis in celebrating Mass in public since his shocking <a href="http://www.businessinsider.com/report-pope-benedict-to-resign-2013-2" target="_blank">resignation last year</a>. </span></p>
<p><span>T</span>he head of the Vatican's saint-making office will ask the pope three separate times to include John XXIII and John Paul II among the saints.</p>
<p>Three repeated requests for canonization signify the importance of the event.</p>
<p><span>Pope Francis will then say this lengthy sentence: </span></p>
<p style="padding-left: 30px;"><span>"For the honor of the Blessed Trinity, the exaltation of the Catholic faith and the increase of the Christian life, by the authority of our Lord Jesus Christ, and of the holy Apostles Peter and Paul, and our own, after due deliberation and frequent prayer for divine assistance, and having sought the counsel of many of our brother bishops, we declare and define Blessed John XXIII and John Paul II be saints and we enroll them among the saints, decreeing that they are to be venerated as such by the whole church. In the name of the Holy Father, and of the Son, and of the Holy Spirit."</span></p>
<p>Relics, physical remains of a saint or an item they have touched in their life, are then brought to the altar. <span style="font-size: 15px; line-height: 1.5em;">John Paul's blood and a small piece of skin taken from John XXIII will be the relics present tomorrow. </span></p>
<p>Then an official document recognizing the canonization is presented which marks the conclusion of the rite. <span style="font-size: 15px; line-height: 1.5em;">Mass proceeds as usual with </span><span style="font-size: 15px; line-height: 1.5em;">6,00o priests on hand to distribute Communion in St. Peter's Square. </span></p>
<h2>Attendance</h2>
<p><div class="KonaFilter image-container display-table"><div><div class="image"><p class="source"><span>Alessandra Tarantino/AP</span></p><p class="caption">A large crowd is seen in St. Peter's Square at the Vatican.</p></div><p></p></div></div>In addition to the massive general public that will be in attendance, 93 official delegations plan to attend, including an estimated 24 heads of state and royals from around the world. </p>
<p>There will be 19 screens broadcasting the ceremony near the Vatican, a live stream, a Google + hangout as well as <span style="font-size: 15px; line-height: 1.5em;">a Facebook page, Instagram account, YouTube page, and Twitter dedicated to this event. </span></p>

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