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WAZIR ADVISORS
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...- WazirX granted four-month conditional moratorium by Singapore Courts after $230 million hackThe court's decision followed WazirX’s request for a six-month moratorium under Section 64 of the Insolvency, Restructuring, and Dissolutio...
- Reliance in pact with Israeli apparel company Delta GalilReliance has partnered with Israeli firm Delta Galil to form a joint venture for designing and selling lingerie in India. This collaboratio...
- Myntra expects small towns to bring in more than half of its sales in next 3-4 yearsWithin the overall ecommerce category, fashion accounts for 10-12% and Myntra said a large part of the growth and new shoppers will come fr...
- Why Reliance is betting big on women’s innerwear segmentLingerie and innerwear industry is set to double in size by 2025, and Reliance Retail wants to capitalise on the opportunity inorganically.
- Why is Reliance Retail acquiring multiple companies in women's innerwear space?Reliance Retail, said a person aware of the company's plans, is basically fixing the price point puzzle to capture a huge market opportunit...
- Customised apparel brand, Alma Mater Store, raises $200,000 to fund expansion plansAs per the company, India is one of the fastest growing markets for the customised merchandise and is growing at the rate of 15 per cent an...
- TV is now Flipkart’s second highest revenue-generating categoryWhat that could mean for customers is steeper discounts, exclusive products, faster deliveries, easier financing and other initiatives asso...
- Logistics company Delhivery registers 44% increase in FY17 revenuesForget the valuation hype, show me the money. That’s the ultimate measure of startups. Numbers Watch is an occasional column where ET takes...
- Flipkart sees the big picture in TVEcomm retailer looks to drive growth in sector by focusing on partnership with Vu Televisions
- Amazon is quietly making Indian buyers its repeat customersWhile Amazon India focuses on Prime membership to boost repeat transactions, rival Flipkart adds more private labels to its basket to win a...
- AB Fashion eyes 49% in local arm of Danish apparel maker BestsellerAditya Birla Fashion and Retail is in “active discussions” to acquire 49% stake in Bestseller India, and is offering attractive valuations.
- Snapdeal tweaks return policy; buyers will now have to furnish document from authorised service centreExperts said the policy may dissuade buyers from purchasing top-selling electronic items from it and divert them to rivals such as Flipkart...
- Uber’s India arm makes profit in first two years of operationThe company, which provides marketing and support services to Uber, posted a net profit of Rs 3.2 crore on income of Rs 69 crore in the yea...
- Strict checks help eBay keep defect rates lowThe etailer has 65,000 sellers, 20,000 of which offer exports. According to the company, 33-38 per cent of its sellers fall under ‘eBay top...
- CMAI appoints PwC, Wazir Advisors for GST representationAn association of Indian apparel industry is requesting that readymade garments be included under the 'Merit List' of Goods & Service Tax (...
- Lingerie market gets a makeover as Indian women experiment with colours, designs and cutsAn Indian woman now keeps about eight brassiere compared with 5-6 pieces in the past, a report by consultancy firm Wazir Advisors said.
- Flipkart to focus on social shopping, mobile interface and data miningThe Bengaluru-based company is scrambling to scale-up its technology backend and improve customer experience.
- Indian textile industry has potential to touch $500 bilion by 2025India may start consuming more polyester than cotton, which will increase the market size of polyester fibre by 1,500 thousand tonnes.
- 'Indian textile sector has potential to cross $500 bn by 2025'The country's textile industry, which is currently estimated at $108 bn, has potential to cross $500-bn mark by 2025 if the sector gets ade...
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