I can't project the year but in the next few years India will be the second-biggest market for us (after the US) — there is no doubt," said Diego Piacentini.
Media buyers said the print campaigns indicate a certain shift in ecommerce advertising strategy to print and digital from traditional television this year.
Amazon is giving a kilogram of gold to winners on each of the sales days. Thousands of deals will be available every hour during the five-day mega sale, says Agarwal, head of Amazon India.
Amazon invests Rs 1,237 crore in Amazon Seller Services in biggest capital infusion since entering India
Coming festivals, Amazon is bringing in more money, eBay is focusing on keeping products defect-free, Myntra is gearing up for its 1st billion day sale.
Persson also said the Swedish firm — which has got authorities’ approval in December last to invest Rs 720 crore in the country — is here for the long run.
This Gandhi Jayanti, the national capital will wake up to a slugfest between three of the world’s top fashion brands — H&M, Gap and Zara.
Sujata Chaudhri, a lawyer representing Retail Royalty, declined to comment on the matter, saying the case is currently sub judice.
“We did meet the government once and nothing happened after that. We will have to take a call as a group,” said Kishore Biyani.
Vikas Purohit, the man widely considered as one of the four pillars of Amazon India as he was handling the fashion and lifestyle category, has quit.
Susan Saideman, vice president for global vendor management, will lead the fashion category in the interim "till we identify a new leader for the business.
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