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SHEIN INDIA RETURN
Are TikTok, other Chinese apps back in India as tensions subside?While reports of TikTok being accessible to some users in India are doing the rounds amid a thaw in India-China relations, government sourc...
Shein downloads cross 2 million, Q-Com channel reports 2-fold growth: Reliance RetailReliance Retail's strategic moves in the e-commerce space are yielding positive results, with the Shein India app achieving over 2 million ...
Shein downloads cross two million, qcomm channel reports two-fold growth: Reliance RetailOver its Shein app, which went live earlier this year in February, Reliance said it "continued to receive strong traction and crossed 2 mil...
Reliance and Shein aim to sell India-made clothes abroad within a year, sources sayShein and Reliance Retail are set to significantly expand their Indian supplier network, aiming for 1,000 suppliers within a year, up from ...
Myntra receives Rs 1,063 crore cash infusion from Singapore-based parent entityMyntra secured Rs 1,062.5 crore ($124 million) funding from parent FK Myntra Holdings amid its expansion to Singapore. The firm launched My...
US tariffs on low value Chinese e-commerce shipments opens doors for Indian exporters: GTRIA US crackdown on low-value Chinese e-commerce shipments presents a significant opportunity for Indian exporters, particularly in customize...
Will Trump 2.0 be able to adapt policies faster than Chinese businesses can circumvent them?The US has removed the de minimis threshold for Chinese imports to curb the influx of cheap goods. This regulation aims to support local bu...
Mukesh Ambani eyes fast fashion supremacy with Shein. Are Trent, Nykaa at risk?Mukesh Ambani-led Reliance Retail has re-launched Shein in India, sparking a fast fashion war and challenging competitors like Trent's Zudi...
Trent may be losing favour with investorsTrent shares tumbled 8.3% on Thursday after its third quarter results, but regained some of the losses on Friday, rising 3.1% to close at ₹...
Trent to sell stake in Massimo Dutti India ventureTata-owned Trent plans to sell a 29% stake in its joint venture running Massimo Dutti in India, retaining a 20% share post-transfer. Despit...
Myntra secures $81 million fund infusion from parent FlipkartRegulatory filings in Singapore reveal that Myntra's parent company, FK Myntra Holdings Pvt Ltd, received the investment in November, marki...
Tax clarity for funds; GCCs' budget boostHappy Monday! Saturday’s budget clarifies asset sales tax for domestic investors, potentially reducing litigation. This and more in today’s...
Ambani's Reliance fielding Chinese giant to heat up retail showdownIndia's fast fashion market faces intensified competition as Reliance Retail collaborates with Shein, reintroducing its fast fashion line, ...
Inside the Chinese giant Reliance is fielding in its retail warIndia's fast fashion industry is poised for intense competition, fueled by Reliance Retail's recent collaboration with Chinese giant Shein....
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...
Venture capital investment declines slightly to USD 77.4 bn in Jun qtr: KPMG reporta report titled Venture Pulse Q2 2023, which analyses venture funding globally, KPMG said VC investment held relatively steady in April-Jun...
These 6 Indian startups are among world's top 100 unicornsData shows that while the number of unicorns globally increased to 1,204 in 2022 from 959 in 2021, the cumulative valuation of new unicorns...
Plea in HC against re-entry of Chinese fashion brand Shein via Amazon; court seeks govt replyIn her PIL, filed through advocate Preet Singh Oberoi, Ananttika Singh has sought a direction to Amazon to suspend its partnership with She...
Swadeshi Jagran Manch raises concern over Chinese ecommerce apps bypassing laws, dutiesRSS affiliate has red flagged the issue to commerce ministry and prepares to take it to the prime minister.
Indian sellers find holes in quality of Chinese products sold hereThe AIOVA has written to the consumer affairs ministry, bringing to its notice Chinese platforms such as Shein.com and Club Factory, referr...