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Aditya Birla eyes Bestseller buy

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According sources, the Aditya Birla Group is currently negotiating with Danish apparel company Bestseller A/S to acquire a significant stake in the Indian arm of the fashion house that owns Vero Moda, Jack & Jones, and Only — or labels ...

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Amazon acquires Souq.com.

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According to sources, Amazon com., has recently agreed to buy Middle East online retailer Souq.com., at an undisclosed investment. Its decision has reportedly thwarted a last-minute bid by Dubai billionaire Mohamed Alabbar’s Emaar Malls. The value and terms of the ...

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ShopClues sharpens expansion plans

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The founder of Droom and ShopClues, Sandeep Aggarwal, in his newest strategy, is sharpening plans to establish himself as an entrepreneur-investor with a family office as well as a corpus nearly seven times his startup investments last year. He has ...

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Amazon expands physical stores ambit

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In order to expand the operational ambit of its physical stores, Amazon is currently using its technological prowess and the rivalry is coming directly to retailers on actual streets around the globe. The online retail player is gradually building a ...

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Govt declines Apple’s demand for tax concessions

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Indian government has refused to the California-based iPhone making major, Apple demand for tax concessions that the company had sought for establishing a manufacturing base in the Indian sub-continent, sources said, claiming that the first plant, which is being set ...

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LeEco’s ecotvs redefines TV viewership

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While announcing an exclusive partnership with Amazon to sell its newly launched globally acclaimed next generation ecotvs to redefine TV viewership in the country, LeEco has recently kick-started the partnership to incentivize consumers showering multiple offers, which are proving to ...

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Indian consumer market awaits paradigm shift

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Boston Consulting Group in its recent report claimed that due to paradigm shift in consumer market in India, the market is all set to be the world’s third largest consumer market by 2025 with consumption expected to triple to $4 ...

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Nissan Motors gets aggressive on sale revival

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In order to make the most out of the emerging trends in the Indian auto market, Nissan Motors is going all out for sale revival under its Datsun nameplate in India by adding newest innovation and styling sale strategies. The ...

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Walmart mulls innovative retail hub

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After taking a series of small time online retailers into its folds, Walmart in an attempt to identify the ideas, people and technologies for driving future of retail, is all set to launch an innovation retail hub called as Store ...

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Apple focuses on augmented realty

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According to Gene Munster, managing partner at VC firm Loop Ventures, Apple is currently focusing on augmented realty, its next version of the iPhone that will lead to a “paradigm shift. Augmented reality — which differs from virtual reality in ...

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