Tag "Jabong"

Myntra aims for 3x sales from 35 new brand launches during Big Fashion Gig sale

By : CIOL Writers

Making a move beyond discounting model, online fashion retailer Myntra has announced the launch of its biannual sale event, ‘Big Fashion Gig’ from April 7 to 9 that will witness the launch of 35 new brands, live fashion conversations and style

Another re-shuffle at Flipkart’s top-deck to streamline business

By : CIOL Writers

Amidst a tough sail in the rough waters marked by scarce funds, valuation markdown and management exodus, India’s largest e-commerce portal, Flipkart has announced another re-shuffling at its top-deck. With ever increasing competition from arch-rival Amazon, the company has decided

Myntra ties up with Tech Connect Retail to comply with FDI regulations

By : CIOL Writers

E-commerce sector becomes a hustling-bustling domain with the coming of the festive season. Whether it’s improving logistics and warehouse network or introducing new changes to meet laws, nobody wants to miss the festive opportunity. Aiming for the same, fashion e-tailer,

Right to choose: Myntra and Jabong to operate as separate units

By : CIOL Writers

For all the unhappy souls who thought Myntra’s acquisition of Jabong took away their right to choose, we have a piece of good news. In an interview with ET, Myntra’s Chief Executive Officer, Ananth Narayanan has said that the two

Myntra acquires rival fashion portal Jabong for $70mn

By : CIOL Writers

Strengthening its position as the undisputed leader in online fashion and lifestyle segment in India, Bengaluru-based Flipkart has acquired online fashion portal Jabong from Global Fashion Group(GFG) through its arm, Myntra, beating the likes of Snapdeal, Future group, and Amazon.

Ex-Jabong executives investigated for alleged corporate governance violations

By : CIOL Writers

Former senior executives of Jabong are being investigated by Rocket Internet for apparent violation of several corporate governance rules, reports ET. The report that also discloses an apparent “conflict of interest” during the GoJavas deal with Snapdeal cites well-known pseudonymous

Ad spend by e-commerce companies drops in the face of operational trouble

By : CIOL Writers

After splurging on employees, promotions, and sales which brought several organizations to a fund crunch, our e-commerce companies have finally started reining in costs. Companies like Snapdeal (Jasper Infotech Pvt. Ltd), Jabong (Jade Eservices Pvt. Ltd) and Flipkart Ltd, who

TRAI thinks Gigato is a fit example for net neutrality

By : CIOL Writers

The dust around the debate of biased internet has barely settled down, and the telecom regulator is exploring ways to offer free data in India without violating the principles of Net Neutrality. After its order, banning differential pricing for websites,

Jabong brings Benetton’s Sanjeev Mohanty on board as new CEO

BANGALORE, INDIA: Online fashion marketplace, Jabong has appointed Sanjeev Mohanty as Chief Executive Officer (CEO) and Managing Director, effective early December 2015. Mohanty has over 20 years of leadership experience in the fashion industry, primarily at Benetton India where he