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The retail industry has welcomed the latest amendment in FDI policy. This development will certainly help MNCs such as Apple, Xiaomi and OPPO to scale up their presence in the country.
Today, the innerwear segment in India has witnessed unprecedented growth, all thanks to demand of stylish, sensuous and premium quality.
Retailers like amante with strong foothold of 1500 outlets pan India and dedicated online channel is set to carve a niche in this evolving category of womenâ€™s innerwear.
Furthermore, it is now important for eRetailers to focus on delivering something more valuable, something more personalised and price competitive.
In the next two months, the brand would be opening its stores in Bangalore, Kochi, Jaipur, Chennai and Mangalore.
Marie Clairehas launched its first Prêt collection that would be available exclusively at Myntra.
As the government clarified that foreign direct investment (FDI) is not allowed in inventory-based eCommerce, Future Group CEO Kishore Biyani pointed out to one of the country's leading online grocers, Bigbasket.
Their success stories are a conclusion of a process that eCommerce companies had set in a motion a decade ago.
Online marketplaces like Flipkart, Amazon and Snapdeal came out with their V-day Sales campaign and claims to have a thunderous response during the entire week.
The newly launch store offers the best of Amante's inner wear for women and the company is aggressively planning to open 30 more store across the country.
Forever 21 has signed an exclusive deal with one of India’s largest fashion apparel marketplace, Myntra to offer a range of apparel, footwear and accessories for women on its app.