INORBIT adds new brands to its portfolio

Inorbit mall has strengthened its retail mix with new brands across categories like apparels, footwear, cosmetics, home décor, food and entertainment. Inorbit mall which is present in Mumbai (Malad & Vashi), Bangalore, Hyderabad and Vadodara is now home to the much awaited brands that customers have been eagerly waiting for. In Mumbai, Inorbit Mall Malad has recently opened food joints like Haagen Dazs, Butter Chicken Factory and Tea Villa Café to satiate the taste buds of every Mumbaikar. Brands like Nykaa cosmetics, Kama Ayurveda and Innisfree too have joined the brand wagon of the…

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Reliance can be India’s answer to Alibaba, Amazon

According to a recent report by global financial firm UBS, Reliance Industries has the wherewithal to emerge as a consumer gaint like Amazon or Alibaba. The agency has unveiled a 100-pager report which strongly underlines that the company is heading in the direction of becoming market leader in telecom and media and will also gain a significant share in retail and e-commerce businesses. “Its success could be built on an ecosystem or bundling strategy, and a home-court advantage, similar to Alibaba’s success in China, beyond explicit or implicit policy support,”…

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DB Schenker partners with Magento to boost e-commerce offering

Global logistics major DB Schenker has announced a new strategic partnership with Magento, one of the world’s leading providers of e-commerce platforms, to equip small and mid-size merchants with a powerful new extension. Combining DB Schenker’s fulfilment experience with global logistics markets with the powerful customization and flexibility of the Magento e-commerce platform will provide retailers a seamless connection between the front-end and back-end on a global scale. Being available through Magento Marketplace, the extension promises to deliver a quick, convenient and cost-efficient way to connect web shops and warehousing…

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No deadline for implementation of e-commerce policy

Even as the government has tightened the noose on the functioning of leading e-commerce platforms in the country and is further evaluating the proposition of bringing in place a dedicated e-commerce policy, it is not looking at a specific timeline for its implementation. In a written reply made in the Rajya Sabha recently, the Minister of State of Commerce and Industry, C. R. Chaudhary maintained that the government is evaluating the recommendations made by the task force to draft a national e-commerce policy. The task force, set up early last…

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Trade body demands formation of regulatory authority for e-commerce

While welcoming the recent move of the Government to tighten the nose of major e commerce players, the Confederation of All India Traders (CAIT) has now demanded immediate formation of an empowered regulatory authority to monitor and regulate the e-commerce business in the country. “A regulator with proper enforcement powers would ensure that the said policy is strictly implemented. Further, declaration of a comprehensive e commerce policy is also needed to check the working and modalities of e- commerce companies. We have seen in the past that exclusivity, preferential treatment,…

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India Post kickstarts e-commerce services

For quite long, India Post’s entry in the fast growing e-commerce business in the country has been an intensely debated issue. Considering its unbeatable reach across the length and breadth of the country, analysts have pointed out that e-commerce could be a robust vertical for the public sector giant. Putting all speculations to rest, last week Minister of State for Communications (lndependent Charge), Manoj Sinha launched the e-Commerce Portal of the Department of Posts (DoP). The Portal will provide an e-Market place to sellers especially to rural artisans / self-help…

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Xiaomi plans big ticket offline expansion in 2019

Chinese mobile handset major Xiaomi is seeking massive expansion in India through online stores route. According to a recently published report in a leading national daily, the company is looking to open Mi Stores in 5000 locations across the country to expand its reach in smaller towns. The company presently has ‘Mi Home Stores’ in over 50 cities in the country. The company which had entered in India in 2014 primarily taking the online sales route initially is presently believed to be the largest smartphone seller and it is looking…

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Finolex forays in retail format, 50 stores planned

Finolex Cables, India’s leading manufacturer of electrical and communication cables, inaugurated ‘Finolex House’ – its exclusive brand retail store in Chennai last week. This launch marks Finolex’s foray into exclusive retail format. Finolex House will serve as a one stop shop for consumers who are constructing or improving homes. The store offers end to end electrical solutions for a safe home, from range of high quality cables to electrical fittings. With the launch of the Finolex House, the brand gets a step closer to consumers who are seeking not only…

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Myntra’s dedicated offering for plus sized customers

Myntra has launched Sztori, its in-house plus size apparel brand, especially designed to suit a larger range of body shapes and sizes. It is essentially a designer wear in the plus size category, offering consumers, the perfect fit and multiple style options at affordable rates. The apparel is made to suit plus size body types rather than prove to be a mere extension in size on existing profiles, thus breaking the existing age-old norm in the Indian market.   Post identifying a white space opportunity in the segment, Myntra set out to design and develop merchandise under a new brand to cater to the category and make wearers look fashionable with multiple style…

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Myntra- Saif Ali Khan bring ‘House of Pataudi’

Myntra and popular cinestar Saif Ali Khan have joined hands to launch ‘House of Pataudi’ – a new ethnic wear brand. It is inspired from the sophistication and the rich heritage of the Pataudis and reflects a strong sense of culture and tradition. ‘House of Pataudi’ is co-owned by Myntra, Exceed Entertainment and Saif Ali Khan and exemplifies the latter’s classic and contemporary style and taste. The collection comprises traditional Indian wear, conceptualized in the form of Rozana, every day wear with a contemporary ethnic touch, Jashn, festive finery with a regal charm, Riwayat, bespoke splendour for the classic Indian wedding and a Special Edition, comprising collections inspired by the Pataudi trousseau. The range includes kurtas, sherwanis and…

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