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Nike deepens India push with Vegam Run shoe launch at Rs 3,795 amid global sales slumpNike has announced the launch of its new running shoe, the Vegam Run, aimed specifically at Indian consumers. Priced at Rs 3,795, it will b...- 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...
- Swiggy launches co-branded card with HDFC BankSwiggy’s co-branded credit card will be hosted on Mastercard’s payment network.
- Myntra launches digital mall feature for fashion brands to whip up offline store experience at additional feeAbout 30 brands such as Hennes & Mauritz, Decathlon, Puma, Max and Mothercare have signed on for the online mall.
- Myntra levies 'platform handling fee' of Rs 49-149 from buyers of lower value itemsMany buyers are charged an additional Rs 49-149 for their purchases depending on the values of their orders.
- Myntra names its new chief technology officerFlipkart and Myntra together control about 70% of the online fashion market share in the country. According to Myntra’s new CTO Raghu Krish...
- Myntra collaborates with Indian textile artisans for its private apparel segmentThe fashion etailer has also collaborated with NGO’s such as Industree Bangalore, a women empowerment organization in Karnataka
- Ecommerce sales: As Flipkart, Amazon launch 80% summer sale, others join the frayBoth Flipkart and Amazon India are launching their four-day summer sales today which promise competitive pricing across a broad portfolio o...
- Myntra may host Under Armour on its platformUnder Armour is popular among youngsters in the US and Europe. It had risen to challenge established players like Nike and Adidas in North ...
- Amazon, Flipkart not alone, even offline retailers are offering huge discountsHardly a day has gone by when one or the other brand was not on sale since the noteswap exercise announced in November, retail experts said.
- Myntra to provide 10 small brands with technical, financial supportThe online retailer had nurtured about a dozen startups in 2014 as part of a programme then known as the Myntra Fashion Incubator.
- Myntra will design Jabong strategy in a year, says CEO Ananth Narayanan"My focus now for Jabong is to continue to improve consumer experience, grow the brand and make unit economics profitable,” Narayanan said.
- Reliance retail fashion portal Ajio's head Sanjay Mehra quitsAn email sent to the company remained unanswered as of press time Tuesday. Prior to Ajio, Mehra was vice president for India unit of Wolver...
- Myntra to remove 200 low-selling brands, to focus on larger brandsOnline retailer plans to focus on larger brands with higher traction after pruning 10% of its fashion labels; more delisting expected is in...
- Flipkart and Myntra launch Japanese brand Mizuno sportswearMeerut-based Stag International, has partnered with Myntra and Flipkart for an exclusive retail distribution. Stag is also distributor of o...
- Myntra plans roadshows in US, Europe to lure global fashion brandsCurrently, Myntra’s revenue from international brands is about 5% and it wants to increase it to 15% of its total revenue in the next 12-18...
- Sebi may soon allow ecommerce companies to sell mutual funds onlineDetails are still being worked out, but Sebi is likely to allow the sale of only balanced and exchange-traded funds on the ecommerce platfo...
- How fashion portals are making changes at the helm as focus shifts to marginsThe boom in the online fashion segment is such that the Seattlebased ecommerce giant is creating its own private label in the fashion and l...
- Snapdeal may surpass Flipkart in sales this yearSnapdeal's founder and CEO Kunal Bahl said that it would hit $1 billion in sales (or gross merchandise value) in 2014, a year ahead of targ...
- Narayana Murthy venture capital fund, Catamaran, and Nexus Venture invest Rs 40 crore in BigshoebazaarCatamaran, Murthy's $129-mn venture capital fund along with Nexus have invested Rs 40 crore in Bigshoebazaar in its second round of funding.
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