LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
Amazon.com and rival Walmart reported record revenue for their six-day India sales as e-commerce catches on with buyers and sellers in smaller towns.
The offer could lead to a final agreement between India’s two largest local e-commerce providers within three weeks.
The company's planned acquisition of its rival Indian e-commerce provider Snapdeal has hit a snag that may put the deal in jeopardy.
Several important investors have yet to sign on to the deal, which could create a stronger local competitor to battle Amazon in India's e-commerce market.
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The 10-year-old startup is fighting for its life against Amazon.com Inc. and other rivals looking for a piece of the fast-growing India market.
In order to compete against Amazon and other rivals like Pvt, Flipkart will have to persuade investors to inject fresh capital.
Bezos's protégé Amit Agarwal is aiming to make Amazon the country's top online store by sales ahead of the Diwali shopping season.
India’s shaping up to become the next big e-commerce battleground for global players from Alibaba Group Holding Ltd. and Amazon.com Inc. to local champions Flipkart and Snapdeal.
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A new campaign encouraging foreign nations to use India as a manufacturing hub is an opportunity to promote 'Made in India' as a stamp of quality, artistry and heritage within the fashion industry, says Bandana Tewari.
Start-up founders are natural multitaskers. But for Mukesh Bansal — founder and chief executive of Myntra, India’s leading fashion e-commerce player — building a winning business required the focus to resist doing too many things at once, while finding the right blend of fashion and technology.
Start-up founders are natural multitaskers. But for Mukesh Bansal — founder and chief executive of Myntra, India’s leading fashion e-commerce player — building a winning business required the focus to resist doing too many things at once, while finding the right blend of fashion and technology.
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.