Xiaomi may follow Amazon model for its online portal in India

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February 4, 2015

Anand Murali & Jayadevan PK, The Economic Times Bengaluru, 4 February 2015 Xiaomi will likely set up a marketplace platform and bring on board third-party retailers to sell the phones on its portal Mi.com When Chinese phone maker Xiaomi starts its own portal to sell phones in India, it may adopt the model followed by Amazon and Flipkart to work around the country's retailing regulations. Xiaomi will likely set up a marketplace platform and bring on board third-party retailers to sell the phones on its portal Mi.com. Xiaomi will supply the sellers so that it doesn't flout retailing norms, according…

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Van Heusen’s bespoke pitch

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February 3, 2015

Sharleen D'souza, Business Standard Mumbai, 3 February 2015 In search of the next sales pitch, some of Madura Fashion and Lifestyle's (part of Aditya Birla Nuvo) apparel brands are turning to customisation. The first to let consumers have a go at it was Madura's Louis Philippe, but that was seven-eight years ago. Now, Van Heusen, its mid-to-premium formal clothing brand and its casual clothing brand extension, V Dot, are set to take it up on a mass level. Ironically, the readymade apparel market flourished and overtook the unorganised tailoring segment when customers eschewed bespoke shirts and pants. And yet, one…

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Discount and deal sites helping e-commerce boom in India

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January 29, 2015

Varun Jain, The Economic Times New Delhi , 29 January 2015 As online shopping grows in India, deal sites that offer cash-back and discount coupons have emerged, helping retailers to add customers and widen the market. E-commerce entities such as Amazon have started to realise the importance of these deal sites and the impact they can have on business. For large e-commerce players, partnering with discount coupon and cash- back sites is a way to gain a larger market share and build competitive advantage, said Ravitej Yadalam, CEO and founder of Pennyful.in, a coupon and cash-back shopping website. For smaller…

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FDI in multi-brand retail: Tata-Tesco JV plans Rs 250 crore investment to open more stores

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January 23, 2015

Sagar Malviya, The Economic Times Mumbai, 23 January 2015 Trent Hypermarket — the equally owned joint venture between the Tata Group and UK's Tesco — plans to invest Rs 250 crore as the only Indian multibrand retailer with foreign investment aims to open more stores. The planned expansion is likely to be seen as a test case for the ruling BJP's stance towards foreign direct investment in the supermarket segment. The party's stated policy is against FDI in stores selling multiple brands, but industry watchers and experts say the government is unlikely to meddle with Trent's plan at a time…

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Man in the mirror

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January 16, 2015

Rashmi Pratap, The Hindu Businessline (BLInk) New Delhi, 16 January 2015 Manish Gupta travels a lot as an executive in a multinational firm. Alongside a universal adapter and shaving kit, his travel bag is never without his favourite fairness cream and face wash. He has been hooked to Emami’s fairness cream for men since 2005, when he was still in college. His made-for-men face wash brand keeps changing as he loves to try the many new ones flooding the market. Gaurav Batra’s addiction to fairness cream is fairly recent. He began buying a men’s fairness cream after fights with his…

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