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Myntra’s marketplace reports positive EBITDA in Q4 2023 amid strong growth
Myntra, a leading fashion e-commerce platform, announced that its marketplace division has achieved positive EBITDA (earnings before interest, taxes, depreciation, and amortisation) since the...
EPIC Group enters Indian market, partners with Colliers India for first manufacturing unit in Bhubaneswar
Colliers, a global diversified professional services and investment management company in India, has secured a design-build and turnkey contract worth INR 220 crore from...
Myntra reports robust growth, outpacing online fashion market; monthly active users surge to 60 Million
Myntra, India's leading destination for fashion, beauty, and lifestyle, announced that it has experienced robust growth, outpacing the online fashion market significantly since the...
Fashion, grocery, and general merchandise to dominate two-thirds of Indian e-commerce market by 2027: Nykaa CEO Falguni Nayar
Beauty and lifestyle e-commerce platform Nykaa's CEO and founder, Falguni Nayar, has stated that by 2027, fashion, general merchandise, and groceries will collectively constitute...
Swiss Beauty eyes tier 2 and smart cities for retail expansion, plans to double outlets
Swiss Beauty, a prominent colour cosmetics brand, has revealed plans to expand its retail presence, with a goal to double its exclusive brand outlets...
Fashinza and Virgio to repay investor capital amid business model changes
According to a report by ET, at least two well-funded startups — Fashinza and Virgio — backed by the likes of Accel and Alpha...
Snitch debuts in Surat with the launch of its stylish megastore at VR Mall
Snitch, the men’s fashion brand, has made its mark in Surat, one of India's fastest-growing cities, with the grand inauguration of its premier megastore...
Fashion brand Satya Paul expands its Mumbai footprint with striking new store at Phoenix Palladium Mall
Satya Paul, the renowned fashion brand, unveiled its newest store in Mumbai, as announced in a press release on Wednesday. Situated at Phoenix Palladium...
Beyoung teams up with Gokwik to enhance digital footprint and combat RTO rates
Beyoung, a Udaipur-based fashion brand, has partnered with the New Delhi-based e-commerce enabler platform Gokwik.The collaboration seeks to bolster Beyoung's digital footprint in India...
Shein considers London IPO amid US listing hurdles
Fast-fashion company Shein is considering relocating its initial public offering from New York to London due to obstacles encountered in the US listing process,...
Shift in Indian beauty market: Fairness creams witness first decline as demand swells for radiance and hydration products
Fairness creams saw a 3% decrease in volume sales in 2023 compared to the previous year, marking the first decline in their popularity, according...
Reliance Retail’s Yousta expands operations, launches first Surat store
Yousta, the youth-centric fashion brand by Reliance Retail, has made its debut in Surat, Gujarat, targeting the fashion-forward crowd with its chic selections. Situated...