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Lux Cozi to strengthen presence in Southern markets, focus on online retail

Lux Cozi is a top player in the men’s innerwear market in India, with a strong presence in the mid-to-high economy segment. It’s a ‘value for money’ brand, which offers great comfort and style at very affordable prices. The brand’s...

Rise of Indian luggage industry: From utility to fashion accessory

Remember when Hritik Roshan acted as the poster boy of VIP commercials, making all the girls swoon and all the boys wish they could carry a VIP luggage like him. How about when American Tourister commercial became an exemplary...

The real reason why a Flipkart-Snapdeal merger did not materialize

The Snapdeal-Flipkart merger talks hit a dead end for a variety of reasons, including the complex structure of the deal that would have placed millions of dollars worth of tax liability on many of Snapdeal’s investors, according to people...

FCUK India to base expansion on market research, align strategy with e-commerce

Premium underwear brand FCUK Underwear is building on the cutting-edge style and design aesthetic of its parent apparel brand in India, playing on its core strengths of product quality, perfect body contouring fits and fun and audacious prints that...

Top level exodus continues at Snapdeal; two more senior executives resign

Amid severe administrative turmoil, two more senior executives submitted their resignation from e-commerce player Snapdeal, expressing their displeasure with the top management. According to a PTI report: Rahul Ganjoo, Vice President, Programme Management and Arvind Heda, Vice President, Technology (Data...

Snapdeal to trim operations; workforce could be pared to about 500-600 people

Snapdeal may trim its workforce to half from the current 1,200 employees over the next few months as it pursues an independent path post calling off merger with bigger rival Flipkart, company sources told PTI. According to a PTI report:...

Nexus Venture supports Snapdeal's decision of not accepting Flipkart's offer

Nexus Venture Partners (NVP), an early investor in Snapdeal, has come out in support of the e-commerce firm's decision to pursue 'Snapdeal 2.0' instead of accepting rival Flipkart's US $900-950 million acquisition offer. According to a PTI report: NVP is...

Dollar Bigboss eyes rural expansion, targets Rs 1000 crore turnover

Hosiery major Dollar Industries Limited, which registered a turnover of Rs 906 crore for the FY 2016-17 and is eyeing Rs 1000 crore this year, has come up with a new product – trendy trunks that are made of...

Top brass exodus at Snapdeal after talks with Flipkart fall through

After the announcement of major layoff with an agenda to cut down 80 percent of its employee strength in the company, Snapdeal on Tuesday witnessed exit from many senior members from technology, product and engineering division. According to a ANI...

Why did the Snapdeal-Flipkart merger breakdown?

Both Kunal Bahl and Rohit Bansal put together have only 6.5 per cent of stake at Snapdeal. In spite of getting two back to back offers from Flipkart of US $800 million and US $950 million, plus having Softbank...
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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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