The department of industrial policy and promotion (DIPP) has sought tie-ups with big retailers in the country to promote and sell products under its recently launched geographical indication (GI) logo.
Dorothy Perkins is now eyeing brick-and-mortar stores, four years after the UK fashion brand signed an exclusive deal to sell online on Jabong, ET reported earlier.
A team from Kmart Australia — which is under a separate ownership than the troubled US retailer and is financially healthier — was in the country recently, one of the persons said.
Starbucks is fighting cases against a host of firms/individuals supplying fake Starbucks products.
“This is for the first time that we are experimenting with smaller format stores,” said Peter Betzel, CEO for Ikea India.
One of the sources said Jabong employs around 600 people, out of which only 150 will be left after integration.
India’s largest ecommerce company has told the Delhi High Court in a trademark case that Flipkart Internet — the company that operates the eponymous marketplace-spent Rs 721 crore on advertising and marketing in FY17.
Earlier this month, Miniso raised $145 million (Rs 1,070 crore) from Tencent and Hillhouse Capital.
Selling fake products online has been a major issue for Indian as well global brands since the rapid growth of e-commerce in India for the past five years.
Apparel retailers like Shoppers Stop, Reliance Trends record double digit growth this festive season
The retailers said same-store sales grew by 8-15% during this festive season. Future Group and Fabindia said their sales were among the best in 3 years
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