Quick Fashion Delivery Startup Blip Shuts Down
Co-founder Ansh Agarwal attributed the decision to the result of limited working capital and failure to implement their go-to-market (GTM) in an efficient manner
Co-founder Ansh Agarwal attributed the decision to the result of limited working capital and failure to implement their go-to-market (GTM) in an efficient manner
Driven by omnichannel gains, apparel players built on last quarter’s upswing, with strong direct-to-consumer (D2C) sales and new store openings aiding growth
In an interview with BW Businessworld, Rahul Mehta shared deep insights into the trends observed in the apparel space in 2024 along with other subjects
Gokyo, an outdoor clothing and gear label, has recently expanded its presence in the Mumbai region with the opening of new Shop-in-Shop (SIS) outlets in Total Sports & Fitness stores at KORUM Mall in Thane and Dadar TT Circle. As part of the expansion, Gokyo has entered a strategic partnership with Total Sports and Fitness […]
Katie Bickerstaffe, co-CEO of British apparel and food store Marks & Spencer, is quitting the firm and giving over sole control to Stuart Machin, Sky News reported Wednesday. According to the article, Bickerstaffe will quit the firm this year and join European home improvement retailer Kingfisher as a non-executive director. Katie Bickerstaffe and Stuart Machin […]
Homegrown garment business Bombay Shirt Company has secured Rs 54 crore in a Series B fundraising round led by Singularity, which includes contributions from Caratlane founder and Singularity general partner Mithun Sacheti, according to a news press release on Monday. As part of the deal, new investors enter the capital structure through a secondary buyout of […]
Talking about the domestic cotton spinning industry, the rating agency Icra in a report has said that the demand for the industry is likely to improve by close to 12-14 per cent in volume terms in FY2024 every year. The report added that yarn exports are likely to increase by a sharp 85 to 90 […]
A report has revealed that Flipkart, a Walmart group firm, continues to dominate the Indian ecommerce segment with a substantial 48 per cent market share as of FY23. Boasting a 21 per cent year-on-year (YoY) growth in its user base, Flipkart outpaces the industry’s overall growth. The report indicated that mobile and apparel are the […]
Meesho is gaining traction and share as the fastest-growing ecommerce platform in India, according to the latest report by Alliance Bernstein. The findings reveal that Meesho currently has a GMV run rate of over USD 5 billion and around 120 million average monthly active users. In December 2023, Meesho exhibited 32 per cent year-on-year (YoY) […]