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Sanjeev Mohanty quits Jabong, to head Levi's India

Jabong CEO Sanjeev Mohanty has quit the ailing fashion e-tailer and is likely to be named the new India head of Levi's. According to The Economic Times, Mohanty is expected to take up the new assignment once Jabong's ongoing discussions...

Myntra eyeing 20-fold jump in revenue from 'End of Reason' sale

Fashion e-commerce platform Myntra said it expects to see a 20-fold jump in daily sales during its 'End of Reason' sale to be held on July 2-3. The company, which was acquired by Flipkart in 2014, expects about 10 million...

How technology is powering the retail bandwagon

Technology and Retail With Omnichannel strategy gaining ground in India, the retail sector, including Food & Grocery, is looking up to myriad innovations that will help to tap today’s tech-savvy customers. The sector is responding to shifts in the consumer buying behaviour. However, consumer...

Vikas Purohit quits Paytm to set his own start-up

Vikas Purohit, senior vice-president at India's largest mobile wallet service, Paytm, has  quit to start his own start-up. Purohit was looking after the business correspondent network for Paytm's upcoming payment banks for which the country's biggest mobile wallet company received...

Myntra's hiring spree continues, appoints ex- Amazon employee

Online fashion retailer Myntra has appointed Manpreet Ratia as its Chief People Officer and Head of New Initiatives on June 1. Ratia's last stint was at Amazon India as director and head of last mile operations. In his new roles,...

LimeRoad forays into men's category

AM Marketplaces Pvt Ltd, which runs fashion e-tailer for women Limeroad, has entered the menswear category with the launch of a new segment—Limeroad for men—in a move that is likely to help the company boost revenue. The four-year-old company, founded...

Myntra partners with Tanishq to sell fine jewellery online

Online fashion platform Myntra is eyeing Rs 500 crore revenue over the next three years from the jewellery vertical on its platform. According to a PTI report: As part of its expansion plans, it has partnered with Tata Group's jewellery...

Funding India's sunrise sector, fashion retail

Fashion Forward Fashion in one of the fastest growing sectors in India and it's no surprise then that it has been generating a lot of investor interest over the last few years. 2015 was a great year for Indian fashion businesses as...

Arvind launches Nnnow.com to take on e-tailers

Arvind Ltd has informed BSE that Arvind Internet has launched India''s first true Omnichannel experience - NNNow.com. This new initiative is Arvind''s attempt to move away from the discount driven e-commerce market to a brand led shopping journeys. NNNow.com redefines shopping...

Myntra to re-launch desktop version soon

Myntra, India’s leading platform for fashion and lifestyle brands, will be launching its desktop site on June 1, 2016. The re-launch of a full-fledged site is aimed to provide convenience to a segment of customers, especially women customers, who...
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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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