Luxury brands like Armani, Gucci and Versace start clearance sales early
(Source: Economic Times) Meanwhile, premium and mass retail brands, too, have taken a hit in sales this year, mostly because of the recently ecommerce boom. Shopping sites such as …
Calvin Klein to hike global footprint of ecommerce portal
(Source: Fibre2Fashion) Apparel brand, Calvin Klein, a brand owned by PVH Corp, said it will expand operations of its ecommerce website to more than 20 countries by end of 2015.
Patel Logistics Wants to Triple e-Commerce Revenue
(Source: NDTV) Most domestic logistics players have been struggling over the last four years because of tepid growth in the manufacturing sector. But the e-commerce boom in …
Quiksilver expands e-commerce and sees 65% increase in revenue
(Source: ComputerWeekly) Speaking to Computer Weekly, Quiksilver global digital senior vice-president Nicolas Foulet says when he took over the retailer’s e-commerce journey for …
Flipkart Raises $700 Million More; Denies IPO Plans
(Source: India West) “The funds will be used for long-term strategic investments, to build a technology firm and deliver superior customer experience,” the e-commerce major said in a …