Fashion portal Myntra is seeking to recast its management team to drive greater growth in the aftermath of the acquisition of rival Jabong by parent company Flipkart.…
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How Jabong’s sale impacts smaller online fashion retailers
Online fashion retail in India is vast and diverse with 839 startups vying for a slice of a growing market.…
India: The rise, fall, and sale of Jabong
in July, Flipkart acquired Jabong for $70 million, but there was a time when people were willing to pay $1.2 billion for it.…
Tiger Global invests big on India’s online fashion retail space
One of the most active American hedge funds, Tiger Global, has become a key stakeholder in Indian online fashion.…
India’s Flipkart buys Jabong for $70 million
India’s biggest e-commerce firm Flipkart is buying domestic online fashion retailer Jabong from Global Fashion Group for $70 million in cash.…
Jabong CEO Sanjeev Mohanty to head Levi’s India
Sanjeev Mohanty is likely to be named as the new India head of Levi’s, according to people familiar with the matter.…
Thailand’s MFG, BreadTalk in venture
Minor Food Group (MFG), a business unit under Minor International Plc, and BreadTalk Group, a listed company in Singapore, has signed an agreement to establish a 50-50 joint venture company, BTM Thail…