Shoppers Stop targets 15% sales from digital medium by 2020

Last Updated: Friday, July 3, 2015, 17:20

"We plan to invest approximately Rs 60 crore in our omni-channel efforts over the next three years, and target 15 per cent revenues through the digital medium by 2020," Shoppers Stop Managing Director Govind Shrikhande said here.

Yoox, Net-a-Porter in merger talks again: Sources

Last Updated: Saturday, March 28, 2015, 09:35

Online fashion retailers Yoox and Richemont`s Net-a-Porter are trying to resuscitate merger talks that took place more than a year ago to better fight cut-throat competition, industry sources told Reuters.

Myntra to focus on private labels; to launch new brands

Last Updated: Sunday, March 22, 2015, 11:36

Online retailer Myntra will introduce 5-6 new brands of apparels and accessories over the next six months as it looks to increase revenue share from the higher-margin, in-house labels.