Posts Tagged ‘ Online fashion ’
Wednesday, December 28, 2016
Indian e-commerce heavyweights Flipkart and Amazon India are aggressively focusing on the high-margin fashion segment as they aim for profitability in the long run. Both Amazon India and Flipkart are expanding their private labels in addition to exploring more exclusive brand partnerships to open up...
Fashion marketplace Voonik’s appetite for acquiring tech startups that can help expand its business remains strong with the company looking to strike more deals after taking over six firms over the past year. Bengaluru-based Voonik Technologies Pvt. Ltd will also keep its marketing spends under co...
16 September, 2016 |
Flipkart-backed owned Myntra claims to have crossed $1 billion run rate in annualised gross merchandise value (GMV) in July 2016, making it the biggest ever month by sales for the fashion e-tailer. In a media briefing, the company said the new milestone is propelled by the growth of its private labe...
22 August, 2016 |
Barely a month after lifestyle e-tailer Myntra acquired rival Jabong, two top executives are leaving the Flipkart-controlled firm. The executives are Prasad Kompalli, head of commerce, and Abhishek Verma, who led the fashion brands vertical, The Economic Times reported. The report cited a Myntra spo...
16 August, 2016 |
UK-based Koovs plc, the parent of Indian lifestyle e-commerce venture Koovs.com, has received investor commitment to raise about £20 million ($28 million or close to Rs 186 crore) for stepping up its marketing and working capital spends, it said on Wednesday. Koovs, which runs on an inventory-based...
13 April, 2016 |