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FCUK India to base expansion on market research, align strategy with e-commerce

Premium underwear brand FCUK Underwear is building on the cutting-edge style and design aesthetic of its parent apparel brand in India, playing on its core strengths of product quality, perfect body contouring fits and fun and audacious prints that...

Amazon hired 50,000 employees in a single day

Amazon hosted the nation's largest job fair on Wednesday at 12 different locations across the country. The behemoth tech company was looking to fill more than 50,000 full and part-time jobs, mostly at the company's fulfillment centers. Nearly 40,000 of...

Dollar Bigboss eyes rural expansion, targets Rs 1000 crore turnover

Hosiery major Dollar Industries Limited, which registered a turnover of Rs 906 crore for the FY 2016-17 and is eyeing Rs 1000 crore this year, has come up with a new product – trendy trunks that are made of...

From Traditional to Global: Gourmet grocery giants of India

Sales of gourmet and international foods – marked by unique and exciting flavour profiles, high-quality formulations and beautiful packaging – are soaring in India. The category has been growing at a steady healthy clip of 20 per cent CAGR...

Amazon Q2 net profit tanks 77 per cent; remains committed to investing in India

E-tailing giant Amazon's net profits tanked 77 per cent to US $197 million (Rs 1,264 crore) in the June quarter hurt by wider losses in international operations, but said it remains committed to investing in India. According to a PTI...

Amazon launches Prime Now in Singapore

E-commerce giant Amazon on Thursday launched its Prime Now service in Singapore, a move seen as the start of its expansion in Southeast Asia, the media reported. The Singapore service promises two-hour delivery on items including groceries and electronics, reports...

Grofers gets DIPP approval for online trading of food products

Online grocery firm Grofers has received Government nod for retailing food products in India and will invest US $40 million to expand operations in the country. Grofers was the first company to seek in August last year approval under the...

Consumer Survey: Amazon yet to become the go-to-place for womenswear

The US apparel market grew at a modest compound annual growth rate (CAGR) of 2.2 per cent from 2011 to 2016, and was valued at US $274 billion in 2016. The share of womenswear relative to the total market size...

Paytm may join forces with Alibaba to invest US $200 mn in BigBasket

Digital payments major Paytm may join forces with its investor Alibaba to pick up a minority stake in online grocery retailer BigBasket for about US $200 million, according to sources close to PTI. According to a PTI report: The companies...

Amazon to expand ‘I Have Space’ programme across India

With success of its ‘I Have Space’ programme across the country, Amazon has decided to expand it by adding thousands of store owners for delivering its packages, an official spokesperson said on Tuesday. According to a PTI report: The programme...
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Reliance Retail Q1 profit rises 4.6 % to Rs 2,549 crore

The retail behemoth also recorded 18.87% increase in number of footfalls at its stores at 296 million in the...
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