Major conglomerates such as Tata, Arvind, Mahindra, Reliance Retail and Aditya Birla Retail explore online fashion, to take online e-tailers head on and fight digital battles with each other outside the store.
What brings Tata CLiQ in direct competition with the three eRetail biggies (Flipkart, Snapdeal and Amazon) is that the platform will offer electronics as well along with apparel, and footwear products.
India's largest textile company, Arvind Limited, which sells brands such as GAP Inc., Tommy Hilfiger, Arrow etc. plans to kick-start its online business by selling some Internet-only fashion labels.
With an eye on doubling its turnover from premium apparel brand Tresca in the next two years, Arvind Limited is planning to increase the number of outlets 10-fold from the current count.
Sanjay Lalbhai-led Arvind Ltd has recently signed a deal to run the Indian operations of cosmetics and beauty retailer Sephora, owned by French luxury conglomerate Moet Hennessy Louis Vuitton (LVMH).
Retail giant,Arvind Lifestyle Brands Limited has recently partnered with Shoppers Stop for the launch of the shop-in-shop format of The Children's Place.
Arvind and INVISTA are strengthening their partnership, with Arvind announcing that it will now manufacture its stretch denim fabric exclusively with LYCRA Fibre.
Textile firm Arvind Ltd on Tuesday announced foray into e-commerce space with its custom clothing brand 'Creyate' and is targeting revenue of over Rs 1,000 crore in three years.