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

Flipkart, Amazon record significant growth during festive month

Flipkart and Amazon India have recorded significant growth in their customer base during the festive month starting October 10. While Flipkart doubled its customer base over last year’s festive month, more than half of Indian online shoppers of the local unit of the US-based Amazon transacted on its platform.

Flipkart recently launched the Flipkart Plus loyalty programme, which played a role in attracting metro users. Amazon on the other hand chased the next 100 million customers hailing from small towns. The gross merchandise value of Flipkart expanded by 90 per cent over the sale period last year, while that of Amazon expanded by 70 per cent.

The Diwali festive sales in India hold strong significance for Amazon for its international growth. Late Diwali this year led to slower growth in the third quarter for the company. For Flipkart, this was the first month of sales after its $16-billion takeover by US retail giant Walmart, making it an important event as Wall Street would be watching the company’s performance closely.

 

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

Myriad Activewear: Innovations, new product categories to pep up growth

Myriad Activewear: Innovations, new product categories to pep up growth

“The market should grow as fitness fad is taking over to find that sweet spot in fashion and fitness,” says Sunishka Goenka, Creative Director and Founder of athleisurewear brand Myriad... Read more

Etailer Zapyle makes luxury clothing affordable

Etailer Zapyle makes luxury clothing affordable

As competition in Indian e-commerce market heats up, Zapyle, joins online players Myntra, Jabong, Koovs, Limeroad to offer personalised service experience to its customers. The e-tailer plans to make luxury... Read more

More and more Indian fashion brands take to GOTS certified textiles

More and more Indian fashion brands take to GOTS certified textiles

Actively engaged in educating and encouraging the use of certified organic clothing in India, international eco-label Global Organic Textile Standard (GOTS) is the stringent voluntary global standard for the entire... Read more

Patanjali Paridhan makes aggressive expansion plans

Patanjali Paridhan makes aggressive expansion plans

Homegrown apparel brand Patanjali Paridhan, backed by yoga guru cum entrepreneur Baba Ramdev aims to integrate technology and fashion together, to offer globally competitive merchandise at affordable rates. The brand,... Read more

Organic cotton brand Satva Living to add a core range and menswear collection

Organic cotton brand Satva Living to add a core range and menswear collection

Representing a satvic life, the spring/summer collection of Satva Living is inspired by the crystals and minerals that draw out negativity from body and soul, and allow positive energy to... Read more

Tantra brings a new range of t shirts for babies

Tantra brings a new range of t shirts for babies

Rajiv Ramchandani, Director of the T-Shirt brand Tantra believes that the T-shirts segment in India offers non-stop scope for creativity. “The segment, with its various sub-categories and age-wise demarcations, is... Read more

Indian retail may triple in size

Indian retail may triple in size

The Indian retail market is expected to triple in size by fiscal ’25. Food and grocery and the apparel segments are likely to witness a compound annual growth rate of... Read more

Online to offline paves the way for omnichannel retail in India

Online to offline paves the way for omnichannel retail in India

E-retailers are becoming increasingly aware of the importance of offline activities to attract new or re-engaging existing consumers. A recent study indicated around 95 per cent of retail sales are... Read more

Reliance takes small stakes for a larger goal in India’s ecom space

Reliance takes small stakes for a larger goal in India’s ecom space

The e-commerce market is heating up with a new competitor ready to challenge the supremacy of the Amazon. Reliance Industries owner Mukesh Ambani is piecing together a $2.5 billion strategy... Read more

Steady ad and marketing investment to fuel growth of branded apparel segment

Steady ad and marketing investment to fuel growth of branded apparel segment

Fuelled by the festive season, branded apparel makers reported a steady increase in profit margins in the December quarter. As per Wazir Advisors, Aditya Birla Fashion & Lifestyle reported a... Read more

MOST POPULAR NEWS
Go to top