As per one of the recent reports by industry body Assocham, India's eCommerce market is all set to touch a whooping figure of $38 billion by the end of 2016. This is a 67 percent hike over the $23 billion revenues for 2015.
Flipkart, is planning to take kids wear as a high focus' category in the fashion segment for the coming year. The company has also announced the launch of 'Flipkart Li'l Stars' an online store dedicated for children.
Former Myntra COO, Ganesh Subramanian has now planned to come up with his own venture called 'Stylumia Intelligence Technology'. This is a data-driven technology to analyse various fashion trends in the retail and eRetail space.
Arvind Lifestyle Brands Ltd. brings another international brand to the Indian market. This time, its American fast-fashion store chain, Aeropostle, which has been launched today at Select City Walk, Saket, New Delhi.