Amazon may buy 10% stake in India’s Future Retail
US-based e-commerce company Amazon is looking to acquire 10 percent stake in India’s Future Retail, leading retailer that operates multiple retail formats in both value...
Category : Retail
British fashion retailer New Look to winds up China business
New Look, a British global fashion retailer with a chain of high street shops that sell womenswear, menswear and clothing for teens, is set to...
Indian e-retail market dominated by Flipkart during festive sale: Report
Indian e-commerce company Flipkart has emerged as the winner of the first round of online festive season sale battle. This was announced by a research...
Amazon India’s fashion business booms during ‘Great Indian Festival’
Amazon India, operated by US-based Amazon.com Inc., recently held a 5-day shopping event named ‘Great Indian Festival’ to offer products at reduced prices. The e-commerce...
Walmart acquires lingerie brand to prop up fashion business
America’s leading offline retailer Walmart Inc. has acquired online lingerie retail brand Bare Necessities which will continue to run its own website. The company was...
Whoa, Uniqlo parent Fast Retailing’s Operating Profit jumps 33.9%
Japan’s Fast Retailing, which owns brands like Uniqlo, J Brand, Comptoir des Cotonniers, G.U., Princesse Tam-Tam, and Theory, has witnessed a 33.9 percent growth in...
Clothing brand Levi Strauss records impressive growth in Q3 FY 2018
International apparel brand Levi Strauss & Co. has registered a double-digit growth in its third-quarter revenue. Net revenues increased by 10 percent. Meanwhile, direct-to-consumer revenues...
Home furnishing retailer IKEA to invest INR 3K Cr more in India
Sweden-based home furnishing retailer IKEA is leaving no stone unturned for its expansion in the Indian retail market. Post announcing its plans to expand online...
US retail giant Walmart to take Indian fashion E-retailer Myntra global
India’s Flipkart-owned fashion e-commerce platform Myntra is all set to take its private labels to foreign markets via multi-brand retailer and US’ largest offline company...
Fast-fashion retailer Uniqlo opens its BIGGEST flagship store in SE Asia
Japan-based fast-fashion retail brand Uniqlo, owned by Fast Retailing, has opened its largest ever flagship store in Southeast Asia. It is also the lable’s sixth-largest...