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Here's why French luxury brand LVMH will not do business on Amazon

LVMH - Moët Hennessy Louis Vuitton - has said that it does not think Amazon is an appropriate platform to sell its luxury brands. "We believe the business of Amazon does not fit with LVMH full stop and it does not fit with our brands,"...

Amazon plans to open grocery convenience stores: Report

A Wall Street Journal report claimed that Amazon hopes to open convenience stores where you'd buy meat, veggies and "other perishable items" that you take home like you would from any brick-and-mortar store. The Journal cited unnamed sources as saying Amazon...

Diwali sales not over yet; Snapdeal to launch 2nd edition from Oct 12

Within a week of its mega sale, e-commerce major Snapdeal has announced a second edition beginning October 12 to cash in on the festive mood in the country. According to a PTI report: The company processed transactions for over 11...

After success in US, Amazon Echo launched in UK

Amazon's smart speaker system - Amazon Echo - was unveiled in the UK on September 28, 2016. The Echo, which is an artificial intelligence device, is a 23.5 cm tall cylindrical speaker - similar in appearance to the UE Megaboom - with a seven-piece microphone...

Online sales of threatened cacti an open door for illegal trade

Unregulated sale of endangered species of plants such as cacti on major e-commerce websites like eBay and Amazon has threatened their survival, a new research has found. The findings showed that plants and seeds were found available in major online...

Walmart shifts focus to e-strategy, will go easy on store openings and profit

Last Thursday, Walmart Stores Inc made the announcement that it plans to slow down on new store openings and instead concentrate on its e-commerce business. This shift in strategy comes in part of its acquisition of Jet.com. In his blog,...

New study says e-commerce sales to touch Rs 11,000 cr in Oct

Driven by festive offers and discounts on their platforms, e-commerce companies are expected to register transactions worth Rs 11,000-13,000 crore ($1.7-1.9 billion) in October, a report said. "E-tailers are likely to surpass all sales expectations in the ongoing festive sale...

17 most valuable retail luxury brands of the world

Recently, Interbrand released its 2016 Best Global Brands report identifying the world’s 100 most valuable brands. The Top 100 brands have a combined total of $1,796,384 million, an increase of 4.8 per cent from 2015. A division of Omnicom and...

Flipkart races past Amazon, sells 15.5 million units

After claiming to make history in the Indian e-commerce by crossing 1400 crore in a single day, home-grown major Flipkart has zoomed past arch-rival Amazon in terms of number of units sold during its festive season sale, which ended on...

Snapdeal sold over 11 million units during Diwali Sale

E-commerce major Snapdeal announced that it sold more than 11 million units during its Unbox Diwali Sale held from 2nd - 6th October 2016. The company witnessed 40 percent increase in the number of women shoppers purchasing online on Snapdeal...
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FSSAI to launch quality check of food items like dairy products, spices, fortified rice

FSSAI carries out various pan-India surveillance on various food products to assess the compliance status of implemented regulationsNew Delhi:...
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