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Flipkart Group invests in youth-focused fashion brand USPL

The Flipkart Group on Thursday announced a strategic investment in Universal Sportsbiz Pvt Ltd (USPL), a youth-focused fashion brand house. This is a Series F funding for USPL from the Flipkart Group along with participation from existing investor Accel Partners. This...

Universal Sportsbiz raises Rs 1 bn in funding, valuation zooms to Rs 12 bn

Universal Sportsbiz, the celebrity-led fashion retailer, said Thursday it has raised US$13.5 million (around Rs 1 billion) from its existing investors, valuing the company at around Rs 12 billion.According to a PTI report: Post funding, the valuation of the...

Bollywood tie-ups: A lucrative e-commerce formula

Bollywood plays a big role in influencing youth and, keeping this in mind, the trend of e-commerce websites associating with films and film celebrities has of late gone to the next level. This partnership boosts customer footfalls and adds...

USPL raises Rs 100 crore, crosses US $100 million valuation

Fashion start-up Universal Sportsbiz Pvt. Ltd (USPL) has raised a fresh round of investment of over Rs 100 crore from existing investor Accel Partners. With this round of funding, the valuation of Universal Sportsbiz Pvt. Ltd has crossed US $100...

Tendulkar-backed USPL to launch women's wear

Former Indian cricketer Sachin Tendulkar-backed fashion line company Universal Sportsbiz is targeting aggressive growth with the launch of its third brand. According to a PTI report: The brand, Ms Taken, is the company's foray into the estimated Rs 19,000 crore...

13 Celebrities Who Are Invested in Retail

Glamour and Retail Celebrities have long shared a relation with brands, endorsing products to help them reach a wider consumer base and attract maximum eyeballs. While endorsements are still the most common way in which celebrities are connected to retail, many...
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New Balance opens 2nd store in Pune

The latest New Balance store  is located at Phoenix Marketcity Mall, Viman Nagar, PuneBengaluru: US-based sports footwear and apparel...
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