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India's fast fashion market has a new player; Should Zara, H&M, Myntra brace for its arrival?Shein is re-entering the Indian market after a 2020 ban, partnering with Reliance Retail for a test launch. The company aims to challenge l...- HR warns employee for watching Babil Khan's interview, spending hours on Ajio during office hours, stealing Maggi, coffee pouchesAn HR warning to an employee for using Instagram, Netflix, Naukri.com, and Ajio.com during work hours and stealing office supplies went vir...
- Mukesh Ambani's Reliance Retail eyes Rs 3,048 cr fundraise for warehouse InvIT: Reliance Retail Ventures Ltd, the retail business of Mukesh Ambani’s Reliance Industries Ltd, is looking to raise Rs3,048 crore through a...
- Myntra top brass exits - CFO and chief marketing officer put in papersPrior to that Flipkart had moved Myntra’s business development head R Ayyappan to handle the business of Cleartrip, an online travel bookin...
- Another feather in the cap: Isha Ambani joins Smithsonian National Museum boardThe museum also appointed Carolyn Brehm and Peter Kimmelman for a 4-yr term each.
- Myntra CEO Amar Nagaram puts in his papersNagaram was named CEO of Myntra after its previous head Anath Narayanan quit shortly after Walmart Inc. completed acquisition of Flipkart G...
- Reliance to expand JioMart to fashion, phones, electronics; bets on hyperlocal modelTwo senior industry executives said while Reliance Retail stores are currently fulfilling orders in JioMart, it will eventually have a hybr...
- Reliance Industries, Facebook weigh creating a super-appThe idea is to create an app that is not just a communication platform but one where users would also be able to buy groceries through Reli...
- Reliance Retail starts assisted e-commerce for Ajio through Jio storesThis is part of Reliance’s strategy to connect first time online consumers with its e-commerce platform.
- More global brands land in Ajio cartToys from Hamleys, the iconic UK toy retailer that Reliance Brands acquired earlier this month for Rs 620 crore, have also been placed in A...
- Ahead of etail launch, Reliance Industries pulls out brands from rivalsReliance wants to create exclusivity for global as well as its own brands to attract consumers to its portal.
- Reliance Industries ups retail game with ITC's John PlayersRs 150-crore deal gives RIL access to John Players brand and distribution rights via 750 stores.
- Mukesh Ambani's Reliance Retail takes fight to Flipkart, Amazon doorstepsThe Reliance Digital and smaller Jio stores will act as fulfilment centres for the online orders.
- E-commerce majors now spot big business opportunity in luxury fashion segmentThe total market for fashion and lifestyle products priced above Rs 6,000 is an estimated 15 million people in India but that market is gro...
- Reliance Retail plans to raise Rs 4k crore via rights issue to fund expansionReliance Retail board has agreed to offer 800 million non-cumulative optionally convertible preference shares of Rs 10 at a premium of Rs 4...
- Reliance Retail Q2 PBDIT jumps 68.2% to Rs 444 croreRevenue of the company in the second quarter grew 81.3% yearon-year to Rs 14,646 crore. The revenue stood at Rs 8,079 crore during the same...
- Demonetisation led to cautious buying by customers for a short period: Reliance RetailReliance Retail added 111 stores across various store concepts during the quarter. It operated 3,553 stores across 686 cities.
- Three million plus LYF phones sold through Reliance RetailReliance Retail added 12 Trends stores during the quarter and re-launched top 8 stores in the new store concept.
- RIL steps up omnichannel play for online fashion store AJIOThe company entered the online fashion retail business in April through AJIO.com, targeting shoppers with high-margin, curated fashion.
- Reliance Industries plans fashion ecommerce site AJIO.com under Jio brandAJIO.com has been tested among some employees since December. It will be opened to all employees later this week through an official commun...
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