The big fat online shopping frenzy
There is a growing demand for international brands such as H&M, Under Armour, and Mango, from tier 2 and tier 3 markets; e-tailers report 50% growth in sales from non-metros.
There is a growing demand for international brands such as H&M, Under Armour, and Mango, from tier 2 and tier 3 markets; e-tailers report 50% growth in sales from non-metros.
There is nothing in RBI’s reply to an RTI application that indicates e-commerce players are in violation of the PSS Act or any RBI guidelines in carrying out COD transactions.
Biggest ever acquisition is set to pull down operating income and earnings per share till FY20; but management gung-ho about success in the long run.