17 December 2021, Mumbai:

More than 90 per cent of the sellers are local small and medium businesses and over half of these sellers on the marketplace come from tierII and III cities. Over one lakh are local offline retailers and neighborhood stores that have been on boarded on the Amazon marketplace.

Amazon enables small local businesses across the country to adopt e-commerce and grow their business by selling online, participating in last-mile deliveries, joining assisted shopping and more.

The rapid growth of sellers joining Amazon reflects the tremendous entrepreneurial spirit of Indian businesses and the key role e-commerce has played in their business, especially during the recent challenges caused by the pandemic.

The aim is digitize ten million small and medium businesses. Since its entry into the Indian market in 2013, Amazon has been investing in creating the infrastructure and ecosystem to support these businesses to adopt e-commerce.

This includes initiatives like taking Chai Cart and Tatkal vans to markets and business hubs in cities across India for increasing awareness about e-commerce and launching several India-first innovations for Amazon like Seller Flex and Easy Ship.

The company also operates key seller cohorts like Karigar for weavers and artisans, Saheli for women entrepreneurs and Launchpad for emerging direct-to-consumer brands.

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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16 December 2021, Mumbai:

Amazon India claims to have more than 10 lakh retailers on its platform, with over 4.5 lakh new merchants joining in the previous two years. Small and medium businesses (SMBs) account for over 90% of the company's sellers, with half hailing from tier 2 and 3 cities and beyond.

"It's heartening to see Amazon's role in enabling small local businesses across the country, including local offline retailers and neighborhood stores from across India, who are adopting e-commerce and placing their trust in Amazon to grow their business by selling online, participating in last-mile deliveries, joining assisted shopping, and more," said Manish Tiwary, vice-president Amazon India.

"As we look to the future, we remain dedicated to our goal of digitizing 10 million small businesses, including the omnipresent dukaans." "We are certain that Amazon will play a key role in propelling India's digital economy toward its USD 1 trillion goals," Tiwary added.

Over the last several years, Amazon has made significant investments in strengthening its seller base in the nation, launching multiple programs such as Launchpad, Saheli, and the Global Selling Program to assist onboard new vendors to the platform.

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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16 December 2021, Mumbai:

Saahil Nayar is the chief operating officer of Idam House of Brands. Nayar is a seasoned professional with experience across the fashion and beauty industry across luxury international brands and premium homegrown brands including Versace, Roberto Cavalli, Ermenegildo Zegna, Revlon, Kama Ayurveda, and The Moms Co.

Nayar joins Idam from The Moms Co where he was working as the vice president, business. In his new role, he will be responsible for the group’s brand expansions, strategy, growth, culture, and marketing. He has a highly organized way of studying, planning and has a deep understanding of consumer behavior.

Ananta Capital-backed Idam House of Brands which owns several D2C brands including Bella Vita Organic is on a mission to make multiple categories ranging from skincare, cosmetics, pet care, daily consumables, etc. accessible to one and all with its customer-first approach.

The vision with its portfolio of brands is to be a conscious and conscientious partner in all walks of life to all demographics and genders through all their age and stage lifecycles. Idam House of Brands aims at reaching Rs 300 crores over the next two years. Ananta Capital is an investment management platform focused on partnering with businesses for the long term.

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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15 December 2021, Mumbai:

Few people know that Raghavendra Rathore studied robotics, making electrical circuits with sensors that mimicked humans! A decade later, he along with his team had designed one of India’s first apps - iCarbon, a smart carbon footprint calculator that offered links to reduce an individual’s carbon footprint by endorsing the planting of trees.

He has always been at the intersection of art and technology, including an art (electronic) installation in the early 90’s to raise money for AMFAR along with renowned names like CK, Cristo and other eminent art and creative legends.

Continuing this legacy of innovation in 2021, Raghavendra Rathore is the first designer to take his personal art and convert it into NFTs via exclusive block-chain technology for art that is truly priceless and timeless.

He has additionally also launched intricately designed art NFT inspired by the Raghavendra Rathore Jodhpur brand for sale as well. This series is being launched as part of the limited edition NFT on the WazirX NFT Marketplace in association with FDCI x Lakme Fashion Week.

Commenting on the drop, Vishakha Singh, Co-Founder & VP, WazirX NFT Marketplace said: “Designers, globally and in India, have started to understand how NFTs can be used to engage with the larger community. What makes this drop extra special is that the proceeds will be used for a notable cause.

With each drop, our aim is always to introduce as many use cases as possible. India has a promising NFT market for creators and collectors and this partnership will turn out fruitful for both parties. We are proud to release these NFTs on our platform.”

TOI (The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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17 December 2021, Mumbai:

UK-based SupplyCompass said it plans to onboard 5,000 fashion brands and their supply chains in India over the next year.

The company, which helps fashion brands collaborate with their manufacturers and drive sustainable practices, is also aggressively hiring with plans to increase their workforce by 200 in the next 12 -18 months. SupplyCompass aims to make India a strategic hub for its operations to expand its presence further in South East Asian economies, it said.

ET (The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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15 December 2021, Mumbai:

Business-to-customer shopping fair Garden of Eden by Inayat will bring together luxury fashion and jewellery brands in Ludhiana from February 19 to 20 at the city’s Sutlej Club.

Curated by entrepreneur, influencer, and designer Inayat Dhanda, the Garden of Eden shopping fair will feature around 70 luxury brands. The majority will be from from the Ludhiana area with some travelling in from further afield. The majority of products will be for the spring/ summer season with numerous bridal wear options for the spring wedding season as well.

The event aims to cater to Ludhiana’s luxury shoppers and will take place at the Sutlej Club which has a membership base of over 3,500 families. The shopping fair expects around 4,000 visitors over the course of its two-day event, according to its 10Times events page.

Among other designers and brands, the exhibition will feature jewellery by Ayat Silver Jewels, the event announced on Facebook. The brand will present its latest designs including statement necklaces featuring precious stones.

The event last took place in October 2019 and was on a temporary hiatus due to the Covid-19 pandemic. The event’s return will see all Covid-19 health and safety measures followed as per local regulations.

FASHION NETWORK (The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage