
Koovs to invest 23 million pounds on India expansion
London-listed fashion e-commerce firm Koovs plc amidst dropping sales in the UK market is looking to expand its base in India to boost its overall sales and increase profitability.
22 published items with the word (s) or phrase Jabong in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
London-listed fashion e-commerce firm Koovs plc amidst dropping sales in the UK market is looking to expand its base in India to boost its overall sales and increase profitability.
Amazon is making inroads in the fashion segment in India currently dominated by Flipkart and its subsidiaries Myntra, Jabong. It registered 90% growth in the category in the first quarter.
US footwear and apparel major Sketchers is bullish on the Indian market with plans of expanding in metros, tier II & tier III cities by adding 300 stores and a launch of its own e-commerce portal.
With apparel manufacturers trying to liquidate old stock ahead of the new GST tax regime, e-commerce companies like Amazon India, Myntra and Jabong are expecting blockbuster sales this weekend.
India's leading e-commerce company Flipkart has named a new chief executive in a restructuring that moves its current CEO into a strategic role to counter competition from rivals such as Amazon's Indian operation.
Revenue growth at emerging markets-focused retailer Global Fashion Group, which is backed by investors Kinnevik of Sweden and Germany's Rocket Internet, slowed in the third quarter, although its losses narrowed.
Rocket Internet-backed Global Fashion Group (GFG) reported net revenue rose 36.6% on an adjusted, constant-currency basis in the first half of 2016.
Rocket Internet SE owned Global Fashion Group (GFG) announced a successful funding round of €330 million, which has been subscribed by existing investors.
India's biggest e-commerce firm Flipkart is buying domestic online fashion retailer Jabong from Global Fashion Group for $70 million in cash, the latest consolidation move in the country's e-commerce sector as competi...
Italian retail group Benetton announced on Thursday the appointment of Sundeep Chugh as Chief Executive Offer of Benetton India, one of the company's key markets.