Ananth Narayanan, chief executive at Flipkart-owned Myntra-Jabong, said the company will enrol franchisees to run the beauty and cosmetics outlets.
“India will grow as one of the top-tier markets because we know the potential here is fantastic,” Teffner said in an interview with ET here on Tuesday. Globally, Crocs sells 55 million pairs of footwear every year.
Samara, a mid-market India focussed fund, reached out to Goldman Sachs and Amazon to join forces.
Biyani’s Home-Town placed ads on walls across the IKEA outlet, those were visible even from the store's inside.
IKEA CEO's take is different from foreign retailers who are wary about govt’s latest draft ecomm policy.
More consumers are paying full prices to buy the newest products of Tommy Hilfiger, Adidas, US Polo and Nike, among others, a trend that’s been rising in the past two quarters, according to industry executives.
Lawyers for Beverly Hills Polo said Amazon took off some URLs after they had sent legal notices but subsequently fresh links had sprung up on the Amazon site.
Walmart and fellow US giant Amazon feel India's new ecomm blueprint is heavily tilted against foreign firms.
The company has filed for Chapter 11 in the US and that is the reason we are closing the stores, said Timmy Sarna, chief executive of DLF Brands.
We will open one more such fulfilment centre and study it before expanding them, Krish Iyer, CEO of Walmart India, said in Lucknow.
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