Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.
Bangalore, India
Global Markets
Amazon and Walmart Find Sales Season Success in Rural India
Amazon.com and rival Walmart reported record revenue for their six-day India sales as e-commerce catches on with buyers and sellers in smaller towns.
Amazon and Walmart Find Sales Season Success in Rural India
Amazon.com and rival Walmart reported record revenue for their six-day India sales as e-commerce catches on with buyers and sellers in smaller towns.
News & Analysis
Flipkart Is Said to Make New Offer of $950 Million for Snapdeal
The offer could lead to a final agreement between India’s two largest local e-commerce providers within three weeks.
Flipkart Is Said to Make New Offer of $950 Million for Snapdeal
The offer could lead to a final agreement between India’s two largest local e-commerce providers within three weeks.
Retail
Report: Flipkart's E-Commerce Merger at Risk
The company's planned acquisition of its rival Indian e-commerce provider Snapdeal has hit a snag that may put the deal in jeopardy.
Report: Flipkart's E-Commerce Merger at Risk
The company's planned acquisition of its rival Indian e-commerce provider Snapdeal has hit a snag that may put the deal in jeopardy.
Financial Markets
Flipkart Deal With Snapdeal Said to Need Further Investor Approvals
Several important investors have yet to sign on to the deal, which could create a stronger local competitor to battle Amazon in India's e-commerce market.
Flipkart Deal With Snapdeal Said to Need Further Investor Approvals
Several important investors have yet to sign on to the deal, which could create a stronger local competitor to battle Amazon in India's e-commerce market.
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Technology
Report: Flipkart Raises $1 Billion, With Plans for $1 Billion More
The 10-year-old startup is fighting for its life against Amazon.com Inc. and other rivals looking for a piece of the fast-growing India market.
Report: Flipkart Raises $1 Billion, With Plans for $1 Billion More
The 10-year-old startup is fighting for its life against Amazon.com Inc. and other rivals looking for a piece of the fast-growing India market.
Retail
Flipkart's Hedge Fund Boss Is Looking for $1.5 Billion
In order to compete against Amazon and other rivals like Pvt, Flipkart will have to persuade investors to inject fresh capital.
Flipkart's Hedge Fund Boss Is Looking for $1.5 Billion
In order to compete against Amazon and other rivals like Pvt, Flipkart will have to persuade investors to inject fresh capital.
News & Analysis
Amazon Bets on Diwali to Take Title as India's Top Web Retailer
Bezos's protégé Amit Agarwal is aiming to make Amazon the country's top online store by sales ahead of the Diwali shopping season.
Amazon Bets on Diwali to Take Title as India's Top Web Retailer
Bezos's protégé Amit Agarwal is aiming to make Amazon the country's top online store by sales ahead of the Diwali shopping season.
Retail
Giants Clash in Nascent Indian E-Commerce Market
India’s shaping up to become the next big e-commerce battleground for global players from Alibaba Group Holding Ltd. and Amazon.com Inc. to local champions Flipkart and Snapdeal.
Giants Clash in Nascent Indian E-Commerce Market
India’s shaping up to become the next big e-commerce battleground for global players from Alibaba Group Holding Ltd. and Amazon.com Inc. to local champions Flipkart and Snapdeal.
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Global Markets
Op-Ed | Making 'Made in India' Matter
A new campaign encouraging foreign nations to use India as a manufacturing hub is an opportunity to promote 'Made in India' as a stamp of quality, artistry and heritage within the fashion industry, says Bandana Tewari.
Op-Ed | Making 'Made in India' Matter
A new campaign encouraging foreign nations to use India as a manufacturing hub is an opportunity to promote 'Made in India' as a stamp of quality, artistry and heritage within the fashion industry, says Bandana Tewari.
Technology
Mukesh Bansal, Online Fashion Guru to India’s Masses
Start-up founders are natural multitaskers. But for Mukesh Bansal — founder and chief executive of Myntra, India’s leading fashion e-commerce player — building a winning business required the focus to resist doing too many things at once, while finding the right blend of fashion and technology.
Mukesh Bansal, Online Fashion Guru to India’s Masses
Start-up founders are natural multitaskers. But for Mukesh Bansal — founder and chief executive of Myntra, India’s leading fashion e-commerce player — building a winning business required the focus to resist doing too many things at once, while finding the right blend of fashion and technology.
Technology
Alibaba to Disclose Names of 28 Major Shareholders
BANGALORE, India — Alibaba Group Holding Ltd will name the 28 people who will control the world's biggest e-commerce firm in an update to its initial
Alibaba to Disclose Names of 28 Major Shareholders
BANGALORE, India — Alibaba Group Holding Ltd will name the 28 people who will control the world's biggest e-commerce firm in an update to its initial
The News in Brief
Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.