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Overall the fashion industry is expected to surge to $21.51 billion by 2023 at a CAGR of 22.3%.
Companies such as Campus Sutra, Alcis Sports, The Souled Store are craving their niches in offering official merchandise with seasonal touch at decent price points.
Brands are going on an all-out marketing blitzkrieg and eCommerce companies are leaving no stone unturned to maximise sales. The Indian consumer is in for a good time really soon.
This decision will impact around 700-1000 employees and will also state the current situation of startup sector which is still chalking its design that will balance its cost effectiveness and growth.
According to Kotak Institutional Equities’ Internet Monthly report, ‘E-commerce story – bumps in the road’, a tightening funding environment has prompted stricter evaluation of business models.
E-commerce giant Amazon has initiated its biggest campus project outside the US in Gachibowli near Hydrabad.
The company is planning to provide a cashless solution to payments of all kinds across schools, colleges, universities as well as premier institutions.
Their success stories are a conclusion of a process that eCommerce companies had set in a motion a decade ago.
In order to attract a large portion of proposed investments of $2 billion into India, Global ecommerce giant Amazon has planned to set up its second largest global delivery centre outside the US in Hyderabad.
T- Hub, one of India’s largest technology incubator is all set to be launched by Tata Sons Chairman Emeritus Ratan Tata on November 6.
Boosted with funds from the $100 million it got from Tiger Global in January, Shopclues is planning to hire 200-300 people by the end of FY16.
The fast booming eCommerce companies have laid eyes on top engineering institutes as a part of their recruitment plans.
Retail giant Hindustan Unilever (HUL) is partnering over a dozen content creators from Star Network and Yash Raj Films to Facebook and Google to produce content across channels where HUL brands..