Feedback
A pioneer B2B media and publication platform connecting with Fashion Brands & Retail in India

Amazon India sees 88 per cent increase in gross sales volume

Amazon India has posted an 88 per cent jump in gross sales volume for June quarter, outpacing growth of broader online retail market. The retailer’s growth has been largely driven by existing and new customers, with key market share gains in categories such as smart phones.

Over the past four years, Amazon has invested aggressively in India, committing to spend $5 billion to grow its business in the country. Amazon has been spending money on building massive warehouses, a large logistics unit, marketing, discounts and on increasing product assortment in India. These efforts have translated into a significant lead in key metrics such as app downloads, desktop visits and mobile website visits.

The Indian online retail market continues to grow but at a slower pace than was previously expected. There was a temporary break in growth last year due to demonetization. Moreover discounting has reduced over the past few quarters. Over the past year, most of Amazon’s key initiatives including the launch of Prime have helped expand the e-commerce market in India.

Both Flipkart and Amazon would continue to do well in the near term but for either of them to pull away and open a massive lead over the other, one of them has to make a huge mistake or goof-up. Otherwise, this should be a long-drawn-out battle, believes Harish of Grant Thornton.

LATEST TOP NEWS
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

Levi’s to focus on offering retail experience to consumers

Levi’s to focus on offering retail experience to consumers

  It takes a lot to build a brand – from investment to unique proposition. Indeed, the Internet makes it easier to launch a brand. This explains the plethora of brands,... Read more

Growing popularity of e-com making fashion accessible to all

Growing popularity of e-com making fashion accessible to all

  With growing disposable income, a new era of growth has emerged for retail companies, especially fashion, electronics, footwear, accessories, etc. As per India Business of Fashion Report 2017, the Indian... Read more

Homegrown denim brands come off age

Homegrown denim brands come off age

Studies suggest there are seven pairs of jeans for every person on the planet. Last year, 1.9 billion pairs were sold, and over 500 million of these were in India... Read more

CMAI Q1 Apparel Index: Grows to 2.77 points, outlook positive for next quarter

CMAI Q1 Apparel Index: Grows to 2.77 points, outlook positive for next quarter

CMAI’s Q1 Apparel Index for April-June FY 2017-18 reflects positivity is in the air. At 2.77 the index value for the quarter has moved up compared to previous quarter, Q4... Read more

From exquisite ethnic wear to natural saris, Ritu Kumar continues to lead

From exquisite ethnic wear to natural saris, Ritu Kumar continues to lead

  Designer Ritu Kumar’s brand by the same name launched in 1969 reflects the ancient Indian tradition of craftsmanship in a contemporary setting. The brand is known for its distinctive use... Read more

Indian handloom creating a niche globally

Indian handloom creating a niche globally

  Being the second-largest employer in the country with over 4.3 million people directly involved in production, the Indian handloom industry has a rich heritage. With leading designers poised to offer... Read more

Sahiba: ‘We aim to cater to all fashion needs of a woman’

Sahiba: ‘We aim to cater to all fashion needs of a woman’

Sahiba’s mantra is to provide ‘affordable designer fashion’ to women in all segments of the market. Yashiki Gumber, Director, Sahiba, attributes the convenience and comfort level of women’s ethnic wear... Read more

Manyavar making a strong presence in ethnic wear

Manyavar making a strong presence in ethnic wear

  India’s ethnic wear market is estimated to be worth Rs 80,000 crores and is largely characterised by small, standalone regional players. While they are still touted as the garments for... Read more

GST: Proactive approach needed to ensure hassle free implementation

GST: Proactive approach needed to ensure hassle free implementation

  The textile sector, which has so far been out of the tax net, has now come under the GST scanner. While the government has tried to impose excise in the... Read more

Fusion Beats: ‘Easygoing, comfortable wear is the first priority of contemporary…

Fusion Beats: ‘Easygoing, comfortable wear is the first priority of contemporary Indian women’

  “We have noticed women are more inclined towards the oversized look, therefore, the style statement we will be focusing on for the upcoming season is tailored to suit their needs,”... Read more

MOST POPULAR NEWS
Go to top