Myntra, the country’s largest fashion ecommerce company, is reviving an incubation programme aimed at providing 10 small brands with technical, design and financial support, targeting about $500 million worth of business from them in the next five years. The online retailer had nurtured about a d…
Tag: Puma
Shopclues expects over two-fold jump in gross merchandise volume sales
E-commerce company Shopclues expects to register more than two fold jump in Gross Merchandise Volume (GMV) from its platform at $3 billion (about Rs 20,000 crore) by the end of current financial year. “We are planning to close financial year 2016-17 at annualised GMV rate of $ 3 billion,…
Sport merchandise start-up Zeven to open brand stores
Home-grown, multi-sport, footwear and apparel start-up Zeven, which went live with its e-commerce site Zevenworld.com in January, is preparing to open four exclusive brand stores this year. Targeted at the 16-80 age group, Zeven is adopting an omni-channel approach to reach its customers. The fir…
Retail start-up Hello Ten to open 25 stores in Karnataka
Hello Ten Brands, a retail start-up venture promoted by Adarsh Gupta, Executive Director, Liberty Group in his personal capacity, will open its first 25 stores in Karnataka in the April-June quarter of FY 2016-17. The 500-800 sq ft franchisee stores set up at a cost of Rs. 35 lakh per store, excl…