Puma has stopped selling some high-end products on e-commerce sites. Next season, it will fully separate lines for the two retail avenues.
E-commerce companies have already started cutting down on their daily or weekly discounts that were generally given on a wide range of products, said Praveen Sinha.
Two people familiar with the development said the US retailer has already taken possession of the property from the landlord.
India is natural progress for us as we are looking at emerging markets for growth. With the emerging middle class, India is a strategic market for us.
E-commerce firms like Flipkart, Snapdeal, Pepper Fry and others use stock to lure high-level executives
Online retailers are scaling up quickly as foreign investors pump in money and, to drive growth, these companies need senior executives at key positions.
The Manch is planning to pass a resolution against FDI in ecommerce during its three-day national convention to be held in Bhubaneswar on December 26-28.
Managing director Sanjay Purohit said the company has been “profitable at the operating level” for the past 10 years.
Brands that were already giving higher margins to Myntra said the No. 1 online fashion retailer is asking apparel makers for more.
It posted revenues of Rs 235 crore and Rs 10 crore in profits for the year ended March 2014, the company said in its latest filing to the RoC.
Malls operators are urging brands to ask shoppers to get products from shops after online purchase and are also seeking revenue-sharing for such sales
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