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JABONG INDIA
Jabong plans to fire 200 more staff in three monthsOne of the sources said Jabong employs around 600 people, out of which only 150 will be left after integration.- Myntra is turning Jabong into a platform for private labels“Jabong’s team is not happy as the private brands don’t sell much but they (Myntra) are forcing Jabong to list private brands,” said a seni...
- Jabong adds Aèropostale, to its product portfolioThe New York based retailer of casual apparel and accessories for teen will be available on Jabong for women and men in more than 600 varia...
- How the online fashion market is planning to combat the joint forces of Flipkart, Myntra and JabongMyntra’s acquisition of Jabong is estimated to have placed the combined entity right at the top of pile, with an estimated market share of ...
- Decision to sell Jabong to Myntra was based on preference to receive cash: Kinnevik CEO Lorenzo GrabauGrabau said Indian competitive dynamics have changed significantly in last couple of years with large investments by Amazon, Flipkart, Snap...
- Flipkart CEO Binny Bansal writes letter to employees on Jabong acquisition"The acquisition of Jabong further strengthens Flipkart Group's position as the undisputed leader in Fashion and Lifestyle segment in India...
- No mergers in near future, says Flipkart’s BansalThe management stressed that there will not be any employee retrenchments, mergers or team changes and they need to "synergise and work on ...
- Flipkart-owned Myntra pips Snapdeal and Future Group, acquires Jabong for $70 millionThe transaction caps months of seesawing talks between Global Fashion Group and Kinnevik, the owners of Jabong, and multiple Indian suitors.
- Acquisition cements Flipkart's position as undisputed leader in online fashion: Myntra CEO in staff mailThis acquisition cements the Flipkart group's position as the undisputed leader of Online fashion in India," says Myntra CEO in mail to emp...
- Intend to run Myntra and Jabong as separate entities: Myntra CEO Ananth Narayanan"In my mind the value creation is the ability to shape the fashion and lifestyle market and to see how we get our 15 million monthly custom...
- Race to acquire fashion portal Jabong hots up; Alibaba, Future Group and Myntra top biddersEven Snapdeal is said to be in the fray, but may not be an aggressive bidder. The asking price is said to be $250-300 million but the deal ...
- Struggling to find a buyer, Jabong slashes price tag; finds no buyer even at Rs 663 croreOnline fashion portal Jabong, which has been on the block for over a year, is struggling to find a buyer despite its investors dropping the...
- Jabong gets $20 million to stay afloat for one more yearAccording to sources GFG has decided to inject additional funds into its lossmaking fashion ecommerce company Jabong to keep it afloat for ...
- Jabong appoints former eBay India head Muralikrishnan B as COOMuralikrishnan will directly report to Mohanty and will be responsible for overseeing the technology, product and digital marketing functio...
- Jabong CMO Saurabh Srivastava quitsSaurabh Srivastava has quit as chief marketing officer at Jabong in less than five months of joining the online fashion portal.
- Major fire breaks out at Jabong’s largest warehouseSources said about 20 fire vans and water tankers were pressed into service to douse the flames in the warehouse located in Pataudi outside...
- In search of fresh leadership at its Indian firms, Rocket Internet now shifting Jabong CEO and MD to new rolesRocket Internet is shaking things up yet again at its Indian companies as it looks for fresh leadership to lift performance.
- Jabong Sees Global Fashion Group clearing its path to profitability"We are focussing on improving our company’s growth year after year, and GFG is a strong strategic move in this direction," he told ETRetai...
- Dorothy Perkins joins top 3 women's wear brands on JabongWhile top fast-fashion brands H&M and Uniqlo are yet to enter the country, Zara's presence is limited to top cities.
- Amazon in talks to acquire Jabong; move a counter to Flipkart's Myntra buy?A regulatory filing by Rocket Internet, which incubated Jabong, put the value of the fashion portal at 388 million euros, or $500 million (...
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