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Snapdeal.com raises US$ 100 million

Snapdeal announced  that it has completed a new round of equity financing of US$ 100 million. The investors in this financing include funds managed by Temasek, BlackRock, Myriad, Premji Invest and Tybourne. “We see this financing round as another endorsement...

Retailers Optimising on a Mix of Online & Offline Marketing

The recent trend shows that the boost in online purchases is pushing retail stores to take the online medium to boost their revenues. Marketers today are realising the importance of integrating their online and offline marketing strategies with both...

Witco and the Indian Luggage Market

The luggage market in India has been growing steadily over the past few years due to the increasing disposable income levels, a rise in air travel, the expanding number of retailers and speciality stores all over India, and luggage...

eBay India Announces ‘9-Hour Delivery’ Service for Mumbai Consumers

E-commerce marketplace eBay India has announced the first phase launch of the ‘9 Hour Delivery’ service for its Mumbai consumers. Product categories across mobiles, laptops, digital cameras and tablets will fall under the new service. The customers will receive...

Walmart tops Interbrand’s ‘US Most Valuable Retail Brands 2012 list’

Retaining its number 1 position, Walmart has topped the Interbrand's US Most Valuable Retail Brands list for 2012 with a brand value over US$ 139 bn, down 2 percent from last year. Amazon.com on the other hand emerged as...

Retail leaders moot segment-wise FDI

Segment-wise FDI in the food and non-food segment is important for the retail sector, said Future Group CEO Kishore Biyani at a close gathering of top industry retailers, which was attended by the who's who of Indian retail.Biyani said,...

Walmart struggles to shift from bricks to clicks

Since Walmart first ventured into the Internet 15 years ago, the Bentonville, Ark., company has struggled online. Early on, Walmart.com featured a clunky digital version of the greeter who welcomes shoppers at each store. Even in the Web's early...

Gap to open its first stores in Africa

Clothing retailer Gap Inc will enter Africa this year, as part of an ongoing international push, with plans to open stores in Egypt and Morocco. The company plans to open its first Gap store in Egypt next month and...

Toys R Us to work more with EBay

Toys R Us Inc TOY.UL, the world's largest toy retailer, plans to work more with EBay Inc (EBAY.O) following the e-commerce company's recent acquisition of GSI Commerce, Toys R Us Chief Executive Jerry Storch said on Tuesday."We know we...

eBay adapts in China

Online retail giant eBay has reversed its once ailing fortunes in China after adapting its business model to suit local conditions.The US multinational made its first substantive play in China by spending $100m in Eachnet, with the goal of...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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