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AKS Clothings crosses Rs 100 crore revenue mark

AKS Clothings, online apparel brand of Yuvdhi Apparels Pvt. Ltd. started in 2014 by an enthusiastic and energetic fashionprenuer Nidhi Yadav, has crossed Rs 100 cr revenue mark in the Q3 of fiscal year 2018-19.Started with a seed capital...

John Jacobs aims to clock Rs 500 cr revenue by March 2021

Lenskart's eyewear brand John Jacobs is looking to garner Rs 500 crore in revenue in two years as it strengthens its retail presence and expands the product portfolio. The brand, which has eight stores currently in Delhi, Pune and...

Women’s Accessories: A whole new market of opportunity for retailers

Radhika Mishra is spoilt for choice. Literally. She has a tough time deciding which bag would go well with her outfit each time she opens her wardrobe as her collection includes more than 25 handbags in a variety of...

New E-Comm Rules: Flipkart for broad market-driven framework

India’s largest online marketplace Flipkart has requested New Delhi that a broad, market-driven framework for the e-commerce industry be put in place after consultations with the relevant stakeholders.The request came a day after the federal government announced changes in the foreign direct investment...

How the retail industry has fared in 2018

The overall retail market in India 2018 stood at Rs 43,251 billion and is forecast to grow by 6.4 percent CAGR in 2018-2023. Retailing in India still predominantly takes place in physical stores and shopping behaviour between urban and...

Centre tightens e-commerce norms to protect offline stores

The government on Wednesday tightened e-commerce norms and barred online retail firms like Amazon and Flipkart from selling products of companies in which they have stakes, Ministry of Commerce and Industry said in a statement.The online retail firms (e-commerce...

Focussed on bringing next 200 mn Indians into e-commerce fold: Flipkart CEO

Walmart-backed Flipkart is betting big on categories like grocery, furniture and its range of private labels to bring new customers onboard its platform as well as expand its share in the user's wallet, according to CEO Kalyan Krishnamurthy.Speaking to...

Almost 45 pc of seller base from tier-II, III cities: Flipkart

E-commerce major Flipkart Tuesday said it has witnessed strong growth in its seller base this year, driven by steady increase in merchants from tier-II and III cities that now account for almost 45 percent of the total tally.According to...

After Flipkart, Walmart eyes another Indian startup that specialises in AI

Walmart Labs India, the local product development division of US retail giant Walmart, on Thursday announced it would hire key tech team from Artificial Intelligence (AI) and data analytics start-up Int.ai — its second acqui-hiring in the country within...

Flipkart rejigs leadership team, appoints Sriram Venkataraman as COO

Walmart-backed Flipkart has rejigged its senior leadership team, including appointment of Sriram Venkataraman as chief operating officer (COO).According to a PTI report: Venkataraman, who is currently the Chief Financial Officer at Flipkart, is assuming the additional role as COO,...
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Shoppers Stop posts net loss of Rs 22.72 cr in Q1

The company posted a consolidated net profit of Rs 14.49 crore in the corresponding period last fiscal, Shoppers Stop...
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