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

Ikea to launch e-commerce in India

Ikea will launch e-commerce operations in India, beginning with Mumbai, followed by Hyderabad and Pune. Ikea expects the percentage of online sales in India to be significantly higher than anywhere else in the world. Ikea will use its own platform for online sales and not tie up with an independent e-commerce platform. To get the online system on its feet, Ikea will build robust supply chains, distribution centers and seamless process to ship products and take them back in case of exchange or replacements. The Swedish home furnishing retailer is looking at various channels, including smaller formats and customer meeting points. In the coming years, the goal is to meet 100 million customers with its home furnishing offer.

Ikea’s Hyderabad outlet includes an in-house 1000-seater restaurant. The restaurant has served one million each of frozen yoghurt, veggi balls and chicken balls during the past one year. The outlet has over 3.50 lakh Ikea family membership registrations. The Hyderabad store is the first of 25 such outlets planned to be set up in India by 2025. While India is still a small part in Ikea’s scheme of things, the country is seen as having the ability to make a meaningful contribution to revenue as sales in mature markets of Europe are showing signs of stagnation.

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

Jockey India aims for steady growth with new launches

Jockey India aims for steady growth with new launches

In order to make retail partners and clients aware of its range of outwear, menswear brand Jockey India, participated in the recent National Garment Fair for the first time. “Platforms... Read more

Demand attracts many brands to women’s denim segment

Demand attracts many brands to women’s denim segment

Demand for denim wear is growing among women globally, as a recent study by NPD Group done among US women revealed US women purchased 22 million more jeans in 2018... Read more

Brands explore new strategies to make the most of omnichannel retail

Brands explore new strategies to make the most of omnichannel retail

Though six out of ten consumers use at least one digital channel for their shopping of apparels and garments, retailers still value the importance of physical stores. This is leading... Read more

‘NGF has grown in stature over the years,’ says CMAI President Rahul Mehta

‘NGF has grown in stature over the years,’ says CMAI President Rahul Mehta

The 69th National Garment Fair held from July 16 to 19, 2019 at the Bombay Exhibition Center, Mumbai hosted over 1,000 exhibitors representing around 1,100 brands. “This is a huge... Read more

Fashion retailers record a dip in sales for second consecutive quarter

Fashion retailers record a dip in sales for second consecutive quarter

Its slowdown for some of the biggest fashion retailers in India as retail giants like Pantaloons, Brand Factory, Shoppers Stop, Central and V-Mart reported less than 7 per cent same... Read more

LIVA ventures into saree category at the Kolkata Fashion Expo

LIVA ventures into saree category at the Kolkata Fashion Expo

LIVA, the new age fabric from the Aditya Birla Group, forayed into the Saree category by launching a new collection at the recently-held Kolkata Fashion Expo. Sponsored and presented by LIVA,... Read more

New brands queer the pitch for unorganised players

New brands queer the pitch for unorganised players

Women’s ethnic wear has always been the prima donna of the women’s wear segment, sitting smugly in its invincible hold over Indian women. However, hard western wear might be trying... Read more

Kidswear to evolve with a well-structured approach

Kidswear to evolve with a well-structured approach

Kidswear is evolving into an independent segment with brands adopting cool and vibrant designs in their collections. “Brands are following the right trends and carefully choosing their color combinations,” says... Read more

Pretty Secrets answers Indian women’s inner wear needs

Pretty Secrets answers Indian women’s inner wear needs

Indian women are waking up to the fact that buying lingerie is part of the essential shopping basket list and not a luxury item to be splurged on sometimes when... Read more

Parx launches sports-inspired collection for the energetic youth

Parx launches sports-inspired collection for the energetic youth

Parx, a casual wear brand known for its attitude and vibrancy has launched its autumn/winter 2019 collection. Right from its inception in 1999, the brand has been the preferred choice... Read more

MOST POPULAR NEWS
Go to top