An online retailer that was once standing head-to-head with Flipkart has today reached such deflation point. A company that still holds 25 per cent of the overall online fashion retailing is struggling to find buyers. What went wrong?
With more and more consumers drifting towards the digital mode of shopping, the trend has uplifted a lot of such high prevalent retail segments. CDIT, too, is touted to witness a reconnoitre boom in 2016.
E-commerce, with all of its permutations and combinations, is touted to deliver something not otherwise available through the brick-and-mortar retail. Footwear is one such category where this is very much the case.