default-output-block.skip-main
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Bits & Bytes | Flipkart Buys Jabong, Dollar Shave Club $1bn Sale

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Source: Jabong
By
  • Helena Pike

"Flipkart Buys Jabong to Expand Online Fashion Sales in India" (Bloomberg)
"Flipkart will buy Rocket Internet SE-backed online retailer Jabong for $70 million in cash to create India's biggest fashion e-commerce business."

"Rocket Internet's GFG Closes $365MN Down Round as External Investors Shy Away" (Techcrunch)
"Global Fashion Group, the umbrella group that manages Rocket Internet-backed online fashion businesses worldwide, has added €30 million ($33 million) to a €300 million round that it announced back in April."

"Dollar Shave Club Sells to Unilever for $1 Billion" (The New York Times)
"The all-cash sale of about $1 billion is a high point for digital commerce start-ups like Dollar Shave Club, which have gained popularity for coming up with new ways to sell consumer goods, largely without the overhead of brick-and-mortar stores."

"How Amazon Adapted Its Business Model to India" (Harvard Business Review)
"After launching its Indian website in 2013, Amazon developed a program to recruit an army of suppliers and convince them it was a trustworthy partner that could help them increase the market for their products."

"Why Retailers Still Struggle with Omnichannel — and How They Can Conquer the Challenge" (Retail Dive)
"Retailers are scrambling to keep up with customers' omnichannel expectations and demands, blaming both the quality and quantity of the shopper data at their fingertips."

© 2021 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
The BoF Sustainability Masterclass Series
© 2022 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions and Privacy policy.
The BoF Sustainability Masterclass Series