india

American Eagle to Expand Presence in India with 50 New Stores

American Eagle’s licensee in India, Aditya Birla Fashion and Retail Limited (ABFRL), has announced plans to open 50 additional stores across the…

Walmart-Owned Flipkart Raises $3.6B to Fund Next Stage of Growth in India

The Flipkart Group — India’s homegrown digital commerce conglomerate that is majority-owned by Walmart — has raised U.S. $3.6 billion in fresh…

Amazon Advances India Ambitions In Partnership With Retail Giant

Becoming the official e-Commerce sales channel for Future Retail Group is Amazon’s latest move toward establishing a stronghold in India. Future Retail…

H&M Sales Rise 10% In Q1 2019 As Turnaround Plan Takes Off

Turnaround plans for H&M seem to be paying off: the company reported a net sales increase of 10% during Q1 2019. The…

7-Eleven Plans Brick-And-Mortar Entry Into India This Year

7-Eleven plans to open its first branded store in India this year. Future Retail Ltd., which already operates domestic retail chains in…

Google Launches Multi-Touch Point Shopping Platform In India

Google has brought its shopping service in India, allowing the country’s consumers to browse for deals on the Google Shopping home page;…

Head Of Flipkart Group Resigns In Wake Of Misconduct Probe

The CEO of Flipkart Group, Binny Bansal, has resigned following a probe into “serious personal misconduct.” The move could disrupt Walmart’s effort…

Amazon Unveils Hindi App As Flipkart Battle Heats Up

Amazon has launched a Hindi version of its mobile web site and app for Android devices as the online shopping giant seeks…

Apple Reportedly Mulling Flagship Stores In India

Apple is considering the addition of several flagship stores in India, according to The Economic Times. Quoting senior retail industry executives, the…

EBay Sells $1.1B Flipkart Stake In Wake Of Walmart Deal, Relaunches India Business

On the same day Walmart unveiled its majority acquisition of Flipkart, eBay announced it was selling its $1.1 billion minority stake in…

Walmart Beats Amazon To $16 Billion Flipkart Deal, Brings E-Commerce Battle To India

UPDATE: Walmart officially announced it has acquired an initial stake of roughly 77% in Flipkart for approximately $16 billion. The remainder of the business…