The new formed Future Specialty Retail was formed with a subscription amount of Rs 5 lakh. Currently the fashion wing of Future Group runs various brands including Central, Brand Factory, Indigo Nation, Lee Cooper, Sculler and Clarks.
The primary cause of this increase in the number of shopping channels is their mobile capabilities; their ubiquity has opened up a plethora of new opportunities for retailers to market and to engage with their consumers.
The move by the government is undoubtedly to splurge the demand of unbranded generics and to keep their prices low, but in order to make it used by the mass, doctors and practitioners do need to prescribe them too.
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?