Myntra's research identified high levels of potential channels across the globe offering significant opportunities in the online fashion segment
Pricing - a prime complaint of domestic retailers - is set to be the focus, with the government considering an annual review of discounts given by e-marketplaces.
Shoppers across the country placed about 4 million orders; 700,000 were first-timers, 56 per cent of who are from tier-2 cities and beyond
The idea of working from home, once derided in India owing to the widely held belief that one "worked" only if one went to an "office", is now no longer an incentive but a necessity.
Myntra said it had sold over 1.5 million products during the first 12 hours of EORS this year which runs from June 19-22
The fashion retailer is geared to handle 20,000 orders per minute, expects 3 mn people to shop from the safety of their homes
Within the beauty and personal care segment, trimmers have witnessed high traction due to the sheer need for grooming at home
The masks have a three-layered filtration system to filter coarser dust particles, bacteria and even droplets
The Competition Act requires any proposed combination meeting the specified threshold of asset or turnover to be approved by CCI.
He has earlier led research and development teams in the US and India, in companies such as Yahoo, Goldman Sachs and Citibank
Myntra has a strength of 3,000 employees and the lay-offs have taken place across functions such as business operations, product and technology, and marketing
Ananth Narayanan wants to turn Medlife into a $2-billion player
600,000 new customers participated in the four-day sale, with 68 per cent of them coming from tier-2 and tier-3 cities and towns
To cater to the growing demand, Myntra has doubled its inventory over December last year
It is no longer about digital versus offline retail, or about creating an omnichannel brand
In the initial phase, the service is being launched in Delhi, Mumbai, Bengaluru and Kolkata offering length alterations for jeans and trousers for men
Operating income takes a hit owing to $290 million impairment towards Jabong merger with Myntra.
Brands such as Future Group, Spencer's Retail and several others, are banking on discounts and offers.
Keen to convert first-time users into avid online shoppers, e-commerce platforms rethink the digital experience
To start with, Myntra is launching a reality show called Fashion Superstar aimed at identifying India's next big fashion influencer