... reaching a grossmerchandisevalue (GMV) of approximately $14 billion.
Study highlights
Underperformance of the fashion market: The Indian fashion market’s has seen a slowdown in FY 2023-24, with uneven ...
14 November 2024, Mumbai
Fashion emerged as the fastest-growing sector in India’s e-commerce segment whose grossmerchandisevalue grew by 12 per cent to $14 billion in 2024, as per a report by RedSeer ...
... 151.91 crore after accounting for other gains.
Walmart’s market place subsidiary, Flipkart reported a 26.4 per cent increase in grossmerchandisevalue (GMV), surpassing Rs 70,000 crore, and a 13.2 per ...
... Berrylush will utilize GoKwik’s tech infrastructure and data-driven intelligence to enhance its cash-on-delivery (COD) grossmerchandisevalue (GMV) and reduce return-to-origin (RTO) rates. It will also ...
... holds a significant 20-25 per cent share of the online lifestyle market, valued at approximately $4 billion in grossmerchandise value (GMV). As per Mint, the Gen Z segment is poised for significant growth. ...
Apparel brand Snitch has celebrated its 25th store opening in Dehradun, just eight months after launching its first outlet in Bengaluru. The new store, located on Rajpur Road, spans 3,200 square feet ...
... in grossmerchandisevalue (GMV).
E-commerce companies are exploring various tactics to reduce returns: • Shortening the return window • Charging a return fee for frequent returners • Offering only store ...
... industry is poised for substantial growth. The grossmerchandisevalue (GMV) of Indian e-commerce platforms reached $60 billion in the fiscal year 2023, a 22 per cent increase from previous year. Projections ...
...
Presently, 70 per cent of the company's revenue comes from e-commerce marketplaces, 15 per cent from its D2C website, and the remaining 5 per cent from other channels. Having recorded a grossmerchandise ...
... from brands like Cider, Steve Madden, and Superdown, declined to 21 per cent from 27 per cent in the previous quarter. Growth in the fashion business' grossmerchandisevalue (GMV), which represents the ...
... cent of GrossMerchandiseValue (GMV) in online apparel is trapped in an endless cycle of returns. In practical terms, for every Rs 100 of confirmed digital orders, only Rs 70 translates into realized ...
... sector has evolved from an emergency convenience model into a $6.9 billion grossmerchandisevalue (GMV) business, accounting for nearly 10 per cent of the country’s total e-retail market. Growth rates ...