November 19th, 2018The Myntra Jabong merger has been a setback to its employees as this led to the lay off of so many workers. And now, Myntra could sack another 200 staff at Jabong in the next three months after deciding to lay off around 250 employees.
Myntra’s chief executive Ananth Narayanan stated that about 250 jobs will be lost as Myntra...
November 17th, 2018The e-commerce fashion players Myntra and Jabing that have played a major role in the industry are reportedly merging and this has come days after Walmart put the two fashion businesses of the Flipkart Group under direct control of CEO Kalyan Krishnamurthy.
"Since Myntra’s purchase of Jabong in mid-2016, the two brands have been...
October 30th, 2018The online fashion retailer Myntra is making efforts to widen its portfolio of private brands and this time it has launched a plus size apparel brand called Sztori. This brand is designed to suit a larger range of body shapes and sizes.
The particular brand will offer over 225 styles and designs including, Tees, denims, tops, dresses...
October 22nd, 2018The popular online fashion and lifestyle company Myntra has reportedly launched an ethnic brand with actor Saif Ali Khan known as ‘House of Pataudi’. The company co-owns majority of the brand along with the actor and Exceed Entertainment.
“We have seen a lot of searches for ethnic wear on Myntra and decided to launch a brand for...
October 17th, 2018With senior executives resigning from various important companies, Chief marketing officer of Myntra and head of Jabong Gunjan Soni, and Myntra’s chief strategy officer and head of categories Ananya Tripathi have decided to leave the organization.
Both the executives will work with their respective companies till the end of...
September 6th, 2018China’s fashion e-commerce player Shein has become quite popular in India just within one year of its presence. For the company, India has emerged as an important market with its mobile app crossing 5 million downloads.
The fashion retailer at present delivers to over 15,000 pin codes in tier-I and II cities in India and is now...
August 24th, 2018India’s largest online marketplace Myntra is planning to soon enter the offline market space with the retailing of beauty and cosmetics products under Myntra Beauty brand. Soon after launching its first offline store for Roadster, the e-talier is now stepping ahead with its O2O (online to offline) business.
At present, the company...
June 15th, 2018The popular Indian e-commerce company Myntra is now on board to accelerate its growth by increasing the number of its offline stores from 12 to 100 in the coming two years’ time with the aim to make its private label business stronger.
According to the reports, the fashion etailer will open 50 stores featuring its most selling and...
May 21st, 2018Myntra’s marketing strategies and intelligence have lately given a boost to the fashion and lifestyle business of its parent company Flipkart. The losses for the FY17 have reduced by 25% to Rs. 655 crore as against Rs. 823 crore in the previous year.
The major strategy adopted by the fashion and lifestyle etailer has been the focus...
May 18th, 2018The Walmart-Flipkart $16 billion acquisition must be the biggest fortune that could ever fall on investors in India’s largest e-commerce platform as they are set to receive their biggest payday.
However, the e-commerce platform boasted international investors exclusively and therefore, Indians that will benefit from the $16 billion...
May 18th, 2018Mfine, a health-tech startup focused predominantly in Artificial Intelligence recently raised a Series A funding round of $4.2 Mn led by Prime Venture Partners. This round of funding also saw the participation of existing investors such as Stellaris Venture Partners and Mayur Abhaya who is also an entrepreneur in healthcare.
This is...
