Lenskart
Retail
Lenskart earmarks US $3 mn to invest in ‘eye-tech’ startups
Online eyewear firm Lenskart said it has earmarked about US $2-3 million to invest in companies that are working on either products or technologies that can help provide affordable eyecare solutions.According to a PTI report: As part of this...
Retail
Lenskart to invest US $5 mn in 3 yrs
Online eyewear firm Lenskart plans to invest US $5 million in the next 3 years at its manufacturing facility for spectacles frames.According to a PTI report: The company recently started the facility near Gurugram in Haryana that has a...
Retail
Lenskart’s John Jacobs eyes Rs 500 crore revenue by FY 2020-21
Online eyewear firm Lenskart on Sunday said it expects its affordable-premium eyewear brand John Jacobs to clock revenues of Rs 500 crore by FY 2020-21 as it expands the offline retail presence of the brand.According to a PTI report:...
Fashion & Lifestyle
Clicks To Bricks: Flipping the script
This digitization of shopping has created a tectonic shift in shopping behaviour and ways of doing business. While establishing digital presence was the craze till now, a new shift in the trend has been apparent of late. Images BoF...
Retail
Lenskart.com chalks out massive expansion plans for pan India
Lenskart.com, a leading eyewear brand in the country, on Friday announced a aggressive expansion plan for pan India by taking its number of exclusive stores to around 500 from the present 367 by March 2018.
According to a UNI report:...
Retail
Lenskart to take store count to 900 soon, clock Rs 600 crore revenue this fiscal
Online eyewear major Lenskart has set on the path of a major expansion spree in Tier I & II cities across India. The brand is targeting to take its total brick-and-mortar store count to 900 over the next two years.
In an...
Retail
Lenskart, ShopClues may go for IPO in next 2 years: Screwvala
Media baron and private equity investor Ronnie Screwvala, who is holding stakes in Lenskart and ShopClues, said both the e-commerce firms may go for Initial Public Offering (IPO) in the next two years.
According to a PTI report: Screwvala also...
Retail
Convergence enters Indian retail space as offline online retailers swap positions: India Retail Report 2017-18
Convergence is name of the game in the Indian retail arena with e-commerce companies with online presence increasingly opting for offline or brick-and-mortar presence while brick-and-mortar retailers opting for online presence as part of functioning as an Omnichannel brand.
According...
Fashion & Lifestyle
Funding and investments in Indian fashion
The fashion and lifestyle sector in India has shaped up rather well since the turn of the new millennium. People today are as fashion-conscious as any celeb or a socialite, and this has resulted in increased fashion spending across...
Retail
Lenskart's IPO to hit markets in three years
Online eyewear firm Lenskart plans to launch its initial public offering (IPO) in the next three years to create value and provide exit option to existing shareholders.
“As the company grows, we see IPO will create more value for everybody....
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Chai Sutta Bar opens 2 outlets in Bengaluru
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