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Global Fashion Group

Success mantra of Landmark Group’s fashion and retail business

Top executives of Landmark Group revealed its success mantra in India at the 22nd India Fashion Forum in Bangalore Bengaluru: The top officers of Landmark Group said its success in India lies in the company’s understanding of deep-rooting in consumers...

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...

Rocket Internet posts first-half loss of $691 million

German e-commerce investor Rocket Internet has posted a crash loss of 617 million Euros ($691 million) in the first-half 2016. This after heavy write-downs on companies in its portfolio, reviving concerns about the value of its investments. Shares of Rocket lost...

Jabong expects 20-30 pc growth this fiscal: CEO Sanjeev Mohanty

Online fashion retailer Jabong, which is reportedly on block for sale, said it expects to clock 20-30 per cent growth in sales this year as it charts a turnaround in business. According to a PTI report: Stating that he is...

Global Fashion Group raises EUR 300 mn in funding round

Global Fashion Group, the e-commerce firm backed by Kinnevik and Rocket Internet, has secured a funding of EUR 300 million, which has been underwritten by Rocket Internet and other existing shareholders. As part of the transaction, Rocket Internet has agreed...

Jabong appoints Sanjeev Mohanty as CEO, aims to start anew this Diwali

Online fashion marketplace Jabong has formally announced the appointment of former Benetton India head Sanjeev Mohanty as its CEO and Managing Director. Mohanty, whose appointment is effective early December this year, has over 20 years of experience in the...

Sanjeev Mohanty quits Benetton India

After serving over a decade as a Managing Director at Benetton India Pvt Ltd., Sanjeev Mohanty is leaving Benetton group to reportedly join Gurgaon-based ecommerce firm Jabong, owned by Global Fashion Group (GFG), to take charge as its new...

Ethnicwear the hottest fashion trend this festive season: Jabong

India's most prominent online fashion retailer Jabong has in a report revealed that it marked a record high sales growth of over 150 percent in its ethnic and casual wear offers, including kurtas, dresses, sarees and casual shirts, in...
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Zara debuts at Ahmedabad

The store spread over an area of 27,000 sq. ft. at Palladium Ahmedabad is Zara’s second store in GujaratNew...
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