Pandora announces Peter A Ruzicka as New Board Chair

Danish Jewelry manufacturer Pandora has announced Peter A. Ruzicka as the new chair of the board of directors. Ruzicka will take over the position from January 1 2020, soon after Peder Tuborgh steps down as the member and chair of the Board of Directors on 31 December, 2019. Earlier on the nomination for the position […]

Myntra: End of Reason Sale witnesses 67% rise in orders over last year

It’s a Merry Christmas for Fashion e-commerce platform Myntra as its End of Reason Sale witnessed a 67% rise in orders placed over last year. The company got a fly start by selling 1.77 lakh items within the first 10 minutes of the sale going live and over 3.3 million products on Day 1 of […]

Big Bazaar’s Nostalgic ‘End of Decade Sale’

With the end of 2019, Indian retail chain Big Bazaar is taking the customers on a nostalgic trip to 2009 with its ‘End of Decade Sale.’ The ongoing sale started on December 21 and will continue till January 1, 2020. This sale will cater the customers with special prices in which the products were sold […]

Bulgari’s Carla Liuni becomes the new Chief Marketing Officer of Pandora

Danish jewellery retail Pandora named Carla Liuni, former Vice President of Global Marketing & Communication at Bulgari, as the company’s Chief Marketing Officer. Liuni will join the firm in March 2020. Pandora CEO Alexander Lacik in a press release said, “As part of our turnaround programme, we are significantly stepping up our marketing investments and […]

Fashion Technology Platform Zilingo Acquires nCinga for $15.5 million

In a cash-and-stock deal Zilingo, a Singapore based fashion technology platform has acquired Sri Lanka-based software service company nCinga Innovations for a whopping $15.5 million. Zilingo generates 80% of its revenue from its business-to-business operation of matching brands with suppliers in Southeast Asia & South Asia, The USA, Europe and Australia. A statement said, The […]

FableStreet raise 21 crore funding from Fireside Ventures

Premium women’s workwear brand FableStreet raised 21 crore in series A funding led by Fireside Ventures. The label prides itself in being technology-enabled and aims offline expansion. The label now plans to invest in AI machine learning and to build custome recommendation system. It is also looking forward to develop an omni-channel approach and to […]

Kiko Milano Announces Expansion Plans in India

Kiko Milano the Italian cosmetic brand is tapping into India’s potential market with a broader expansion plans. With existing  11 stores across the country the brand plans to add another 45 by 2020. The expansion will be done via store-in-store concept, exclusive brand outlets (EBO) and by partnering with various e-commerce channels. Recently, the cosmetic […]

Flipkart’s head Rishi Vasudev quits adding yet another top executive in the list to do so

Flipkart’s group head of fashion Rishi Vasudev resigned on Thursday. Vasudev contributed to the development of Flipkart as well as Myntra.  Speaking about Vasudev’s decision, the company stated that he is leaving Flipkart to pursue opportunities outside the company. Reportedly, Vasudev will work for the company until March 2020 as the company looks for a […]

Fablestreet looks forward to enter offline market with a fund of Rs.21 crore

The luxury clothing brand Fablestreet has announced a closure of Rs 21 crore in Series A Funding round by Fireside Ventures. Pradeep Parameswaran, president for Uber India and South Asia and Dilip Khandelwal, MD and head of Technology of Deutsche Bank were among others to participate in the round. Fablestreet plans to use the funds […]