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Myntra wins master franchise rights for Mango in India

Myntra has announced that it has been awarded the master distribution and management rights for the Spanish fast fashion brand Mango in India; making it the first e-commerce player globally to manage the Omnichannel strategy for a global fashion...

Teddy Toes makes big play for share in Indian kids' footwear market

The kids' footwear industry is largely considered as one of the most steadily growing segments in the country. According to a Ken's Research Study, titled 'India Kids' Apparel and Footwear Market Outlook to 2020', the Indian kids footwear industry is...

Myntra rejigs top-level management

Myntra has announced that it has witnessed a 100 per cent y-o-y growth in the month of January with the highest ever revenues of over Rs 850 crore in a particular month. Its extensive selection, unique brand partnerships and the...

Bata renews focus on Gen Y, lines up youth-oriented launches

Present in India for over 80 years, shoemaker Bata is renewing focus on the young generation by lining up new launches in youth-oriented space through its sub-brands like Power and Weinbrenner even as the company is doubling advertising budget this...

Flipkart rejigs top brass, Binny Bansal appointed Group CEO

Leading e-tailer Flipkart on Monday formed a group with its subsidiaries Myntra-Jabong and PhonePe and made co-founder Binny Bansal its Chief Executive Officer (CEO). "In the new structure, Kalyan Krishnamurthy is Flipkart's CEO, Ananth Narayanan Myntra's CEO and Sameer Nigam...

Myntra records 160 pc growth in revenues during 5th edition of EORS

The 5th edition of Myntra’s End of Reason sale held between January 3 and January 5 has concluded with record participation from 12.5 million users. Myntra has registered a 160 per cent growth in revenues with 2.1 million app...

Indian Threads aims to sell over 10,000 shirts every month by March 2017

Indore based start-up Indian Threads is changing the fashion industry for men. Launched a year ago, the brand has since grown a formidable following of men eager to find the right fit as far as shirts go. Indian Threads has...

Myntra to introduce more private labels; aims to turn profitable by March '18

Flipkart-owned Myntra is aiming to become profitable by March 2018, helped by a combination of rationalising costs, cutting discounts and introducing more private labels. According to a PTI report: The online fashion retailer, which has crossed a revenue run rate...

Toonz Retail set open 10 new stores this month, may invest Rs 5 crore

Toonz Retail, a one-stop-shop for all the needs of kids from 0-12 years of age, announced the launch of 10 stores in December 2016, further expanding its retail portfolio of 100+ stores. “We will be investing Rs 5 crore including...

Flipkart launches its first private label 'Flipkart Smartbuy'

In a bid to improve margins and enter a space which its rivals have already scratched, e-commerce major Flipkart has launched its first private label business under an umbrella brand – Flipkart Smart Buy. Starting today, the umbrella brand will...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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