BANGALORE, India — Alibaba Group Holding Ltd will name the 28 people who will control the world's biggest e-commerce firm in an update to its initial public offering filing, the Wall Street Journal said, quoting people familiar with the plans.
MUMBAI, India — Flipkart, India's largest e-tailer, raised $210 million in a fresh round of funding from a group of four investors led by internet-focused investment group DST Global, it said in a statement on Monday.
MUMBAI, India — Flipkart, India’s largest multibrand online retailer, agreed to buy competitor Myntra.com as it seeks to widen its lead over Amazon.com Inc. in the country.
MUMBAI, India — With Amazon.com Inc ramping up its presence in India, two local online retailers are preparing for tougher competition with separate deals worth a combined $400 million set to be finalised this week.
STOCKHOlM, Sweden — Swedish fashion retailer Hennes & Mauritz says it has received all the necessary regulatory approvals and plans to open its first store in India in 2014.
Today, BoF columnist Bandana Tewari reports on Project Renaissance, a unique collaboration between Indian artisans and international fashion brands organised by Vogue India in celebration of the magazine’s fifth anniversary. MUMBAI, India — Living in India, it’s not difficult to see the magic that lies in the country’s artisanal crafts and textiles. From the foothills of the Himalayas to the tip of Kanyakumari, there is tremendous
Battle of the Champions (IHT) “The fight between Christian Dior and Yves Saint Laurent — or, more accurately, the clash of two new titanic designers — is the story of this fashion season… The fact that the two maisons are owned by rival luxury conglomerates — LVMH Moët Hennessy Louis Vuitton for Dior and PPR for YSL — only adds to the sense that this in an epic contest.” Sweden’s H&M says Q3 dented by
iPads Now Driving More Web Traffic Than iPhones (Mashable) “Smartphones and tablets — particularly the iPad — are becoming an increasingly significant source of web traffic in the U.S. According to web analytics firm comScore, smartphones and tablets accounted for 6.8% of all web traffic in the U.S. in August… Shopping is also a popular pastime. In August, 56% of tablet owners looked up product or price information from
Riccardo Tisci By Donatella Versace (Interview) “Like any competitive industry, fashion understands the market need for a constant infusion of fresh blood and untapped talent. But among the crop of sartorial prodigies to have emerged in recent years, none has ascended from young upstart to master of the universe as rapidly as 36-year-old Italian designer Riccardo Tisci.” Social Media: The Second Generation (WWD)
Rick Owens: The prince of dark design (Independent) “In a fashion climate ruled by luxury-goods conglomerates and an excess of merchandise that is both overwhelming and, increasingly, banal, Owens’ less-than-conventional career trajectory – his business turned over more than $50m last year – is an inspiration. ” The Golden Shears – the Oscars of the tailoring world (FT) “Sometimes we can be so
The Tribes of Westwood, Owens and Demeulemeester (The Cutting Class) “While some designers tend to beat to the drum of being on-trend, others have already cultivated their own communities and are even referencing it within their collections. In the recent Ann Demeulemeester, Rick Owens and Vivienne Westwood collections you feel that they are speaking in a language that their customers already know and understand.”