Lenskart
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....
Retail
Lenskart to invest Rs 100 crore on expansion; open 400 stores in 2 years
Ratan Tata-backed eyeware retailer Lenskart plans to invest over Rs 100 crore on business expansion, including opening of 400 stores, in the next two years.
According to a PTI report: The company, which has a strong online presence, is eyeing...
Retail
E-tail to brick-and-mortar: Are Indian e-commerce firms reinventing the wheel?
IANS -
In a bid to curb higher marketing costs and cater to diverse customer needs in a highly competitive market, Indian e-commerce players, in a reverse trend, are now expanding their platforms to brick-and-mortar outlets.
"The crux of the online business...
Retail
Lenskart unveils app that doesn't need Internet
IANS -
In a first for the Indian e-commerce industry, leading eyewear company Lenskart has launched a unique 'Lenskart Lite' app for Android users which requires no Internet connection to shop from its website.
The app is based on SMS technology.
In the...
Retail
Lenskart to setup 20 stores per month in tier I, II cities, launches Lenskart Lite
Leading online eyewear firm Lenskart is eyeing major expansion in tier I and II cities across the country and setting up 20 brick-and-mortar stores per month to strengthen itself in such markets.
Lenskart, which gets a significant portion of its revenues from offline...
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