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MYNTRA EARNINGS
Indian brands are disrupting sneakers — one ₹5,000 pair at a time. But can they earn trust?Sneakers are now a fashion statement in India. Local brands are entering the market with competitive prices and cultural relevance. These h...
Zee Entertainment sues Nykaa for using its songs in Instagram reels without licenceZee Entertainment has sued Nykaa's parent company, FSN E-Commerce Ventures, for using its songs in Instagram promotions without permission....
Looking for cashback and rewards? These 5 credit cards suit frequent buyersRegular shoppers can significantly boost savings with the right credit card, earning cashback, reward points, and discounts on various plat...
Myntra’s social commerce now drives 10% of revenue, fuelled by 3.5 million creatorsMyntra is betting big on social commerce as it blends content, community, and shopping with long-form, creator-led videos emerging as the n...
Myntra turns in a profit in FY24, revenue jumps 15% to Rs 5,122 croreThe Flipkart-owned fashion platform, which entered quick commerce last week, has been working on slashing the cost of returns which has pla...
Myntra boosts female workforce in preparation for festive season demandThis festive season Myntra is readying an army of women across its warehouse and contact centres. This year, the company has the highest nu...
EarnKaro’s affiliate marketing is upending the social cashback game in BharatA social cashback company is leveraging Indian consumer’s love for rewards and discounts. The users earn a commission every time someone bu...
Flipkart launches 'Flipkart Xtra', aims to create over 4,000 jobs this festive seasonAfter background verification, individuals will be able to onboard themselves for various roles, including delivery executives to start wit...
Myntra partners skin care brand Bath & Body Works to strengthen its beauty portfolioThe Flipkart-owned fashion etailer, which earns two-thirds of its revenue from apparel, launched the personal care vertical about three yea...
Flipkart shuts down Jabong for Myntra pushAccording to data sourced from SimilarWeb, which tracks web analytics for businesses, app downloads of Jabong in India had dropped by 12.71...
Walmart takes a $290 million impairment on JabongFlipkart has been struggling to figure out a definitive long-term strategy for the fashion portal.
Private brands turn Myntra profitableMyntra's private brands have reached Ebitda profitability of 5% since June, and the fashion company is set to achieve overall Ebitda profit...
Myntra says private brands portfolio MFB has turned profitableNoting that earnings before interest, tax, depreciation and amortization of MFB had turned positive in the last 2 consecutive months, the c...
Myntra to shut two city offices, shift staffMyntra had acquired rival Jabong earlier this year, beating Future Group and Snapdeal to the punch, to bolster its position in India’s onli...
Myntra brokers better deal with foreign brands for JabongMyntra is now trying to bring Jabong back to financial health after the Gurgaon-based company lost sheen over the years as costs rose and l...
In a bid to reduce merchandise returns, Myntra to launch size chart by mid-AprilThe company feels the move will help reduce incremental logistics cost as nearly half of the returns are due to customers failing to select...
Myntra too logs in to new marketplace like Amazon, FlipkartOnline fashion retailer Myntra will allow local stores and boutiques to sell their products on a new marketplace that it plans to launch by...