Myntra
Retail
US- based Fidelity raises Flipkart’s valuation
Fidelity Rutland Square Trust II, a mutual fund investor in Flipkart, has marked up the valuation of India’s largest e-commerce company by 2.7 per cent to $84.29 per share in May, against a value of $82 apiece in February,...
Retail
Flipkart acquires Jabong: E-commerce crying for consolidation, say experts
Flipkart-owned Myntra on Tuesday announced that it has acquired Jabong from Global Fashion Group for $70 million, a move that marks further consolidation in India’s booming e-commerce industry.
With this move, Flipkart is clearly trying to preserve its position as India’s No.1...
Retail
Myntra's Jabong: Then and now
The race to buy online fashion retailer Jabong has finally come to a conclusion, with Flipkart’s unit Myntra reaching the finish line before other contenders, including Alibaba, Future Group, Aditya Birla’s e-commerce venture Abof and Snapdeal.
With Jabong in its...
Retail
Flipkart acquires Jabong; beats Snapdeal, Abof, Future Group
The race to buy online fashion retailer Jabong has finally ended, with Flipkart's unit Myntra reaching the finish line before other contenders, including Alibaba, Future Group, Aditya Birla’s e-commerce venture Abof and Snapdeal.
Flipkart Ltd has acquired Jabong through its unit Myntra...
Retail
Top Spot Race Continues: Amazon beats Flipkart in app downloads
The war between Flipkart and Amazon is becoming more cut-throat with Amazon India pipping homegrown Flipkart and emerging as the most downloaded retail mobile app in India on Google Playstore and Apple's App Store in the first quarter of 2016.
According...
Fashion & Lifestyle
E-commerce rules the roost for fashion purchases in India: Survey
A recent survey released by CashKaro, a cashback and coupons site, reveals that online consumption of fashion is on a constant rise in India, with e-commerce websites increasingly becoming the preferred destination for fashion purchases as against the offline...
Retail
The growing Indian luggage market packs a punch
Expanding retail chains, booming e-commerce and nationwide sales networks have led to growth in an unusual sector - the Indian luggage market. The segment - which is growing around 18 per cent CAGR - is extremely streamlined and is looking at a good...
Fashion & Lifestyle
Funding and investment in Indian fashion
Fashion is one of the fastest growing sectors in India and it is no surprise then, that this space has been generating a lot of investor interest over the last few years. 2015 in particular was a great year for Indian...
Fashion & Lifestyle
E-fashion gets a makeover with curation, personalisation
As e-commerce continues to grow and consumers increasingly turn to the web or an app to find products they need, e-tailing is slowly but gradually witnessing a shift from a plain-vanilla listing of products towards personalisation for consumers, through...
Fashion & Lifestyle
Myntra acquires Bengaluru-based Cubeit
Online fashion and lifestyle major, Myntra has acquired Cubeit, a Bangalore based tech start-up focused on content aggregation on mobile.
"As part of the acquisition, the team at Cubeit has been inducted into Myntra, making it an Acqui-Hire that will...
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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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