Changing dynamics: India’s online fashion biz
While the space has attracted niche players, competition from larger companies like Flipkart and Amazon has led to the death of several fashion platforms. The latest on the list is Jabong.
While the space has attracted niche players, competition from larger companies like Flipkart and Amazon has led to the death of several fashion platforms. The latest on the list is Jabong.
Amazon India’s smooth ride may have faced a bump in the form of the revised e-commerce norms, but the company has taken it in its stride and is aggressively courting new customers.
The fashion retailer has abolished the position of CEO and named Amar Nagaram as head, Myntra and Jabong.
Poised to become to first Indian fashion e-tailer to hit profitability, LimeRoad says it is clear about what it wants: sustainable growth and happy customers.
Gunjan Soni has two jobs. Both equally important. So far she seems to be carrying them exceedingly well—after helping make Myntra a popular fashion destination, she is turning the tide at Jabong.
The Fortune India 40 under 40 list looks at unique business ideas and the people powering them.
The marriage seems to be doing fine, but why was JABONG sold in the first place? The answer is in the opaque laws regarding foreign direct investment in e-retail.
Online startup incubator Rocket Internet sets a scorching pace in e-commerce in every market it enters. Its ventures disrupt competition and topple category leaders. Its weapons: speed and stellar execution. Those who know the company fear it and respect it.