The Online Fashion & Lifestyle Brand American Swan, has appointed Maria Molland to the Company’s Board of Directors. American Swan has grown in the Indian e-commerce domain by offering a range of smart casuals to the urban fashion-conscious consumers who seek International brands and styling.It is also expanding to other emerging markets in Asia.
Molland is an executive who recently served as the Chief European Officer at Fab.com. Prior to Fab, Maria was the Global MD of Digital Ventures at Thomson Reuters and has also held global executive roles at Dow Jones and Yahoo.
About her association with American Swan Molland said: “It feels exciting to join a young, dynamic brand and there is a massive opportunity for American Swan vis-à-vis the increasing amount of capital going into emerging markets. I look forward to bringing my expertise to the brand and help them expand their impressive product range in global markets, as they enter their next stage of growth” Speaking about the appointment of Molland, Anurag Rajpal, Director and CEO, American Swan added:“We are delighted to have Maria Molland join us. She brings broad, international experience and deep knowledge of the e-commerce industry. We are confident that the perspective she brings to American Swan and its Board is extremely valuable, given our strategic priorities of International presence &ecommerce growth.”
India has close to 10 million online shoppers and is growing at an estimated 30% CAGRand is poised to witness significant growth in the next few years. It has been speculated that the industry will touch a benchmark of USD 34.2 billion by 2015. As the e-commerce business is growing byleaps and bounds, the growth in the sector is a reflection of evolving nature of the market and that of the consumer.
American Swan is also available on other leading e-commerce sites including Jabong,Myntra, Flipkart,Pepperfry, Yebhi, Home Shop18 and select leading MBO’s across the country.