Midea and Electrolux to form premium brand joint venture in China Guangdong, China-May 2nd,...

Midea (Midea Group Co. Ltd, SZSE 000333), a leading global player in consumer appliances, Heating, Ventilation and Air-Conditioning (HVAC) systems, Robot, and Industrial automation...

Private labels to account for 10% of Flipkart’s business by December

New Delhi: Private labels will contribute 10% to online marketplaceFlipkart's overall business by the end of this year, a top company executive said as...

Bazaarcart Launches Make in India Store and Swachh Bharat Store

Delhi based online marketplace Bazaarcart.com is geared up to introduce a new section in its Ecommerce website and app. The Ecommerce player has decided...

PM Narendra Modi mulls luring foreign retail for ‘Make in India’ push

Prime Minister Narendra Modi’s government is considering easing rules for foreign retailers if they agree to sell more locally produced goods, according to an...

Paytm hopes to start payments bank by month-end

Mumbai: Paytm Payments Bank, which got the final approval from the Reserve Bank in January, hopes to start operations by the month-end, PayTm founder and chief...

Samsung faces ‘biggest test’ with Galaxy S8 launch

Seoul: The world's biggest smartphone maker Samsung will unveil its latest flagship model, theGalaxy S8, on Wednesday in New York as it seeks to...

ShopClues to benefit merchant with 80% advance payment service

ShopClues, one of India's largest e-commerce players, has introduced Express Payout service, which allows a merchant to get up to 80% of their pending...

Zara to sell online in India later this year

New Delhi: Zara, the world’s largest fashion retailer, can no longer stay off the burgeoning e-commerce market in India. Later this year, the Spanish fast-fashion...

LVMH partners Hyères International Festival of Fashion and Photography for 19th consecutive year

The Hyères International Festival of Fashion and Photography runs from April 27 to May 1 this year. The LVMH Group is sponsoring the festival...

Macy’s, Inc. and Tailored Brands to Wind Down Partnership

Macy’s, Inc. (NYSE:M) and Tailored Brands, Inc. (NYSE:TLRD) today announced their joint plan to wind down operations under the tuxedo rental license agreement Macy’s,...

Latest News