Fashion & Retail
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Opportunity India Desk Sep 29, 2017 - 1 min readDigital offline platform ShopX has entered into a strategic tie-up with Puma, which would help the German sportswear firm scale up its footwear business in tier II markets.Puma will leverage ShopX's digital offline model to scale up its footwear business and help it establish presence in over 1,500 retail outlets in tier II markets, ShopX ...
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Opportunity India Desk Sep 29, 2017 - 2 min readALCIS is an authentic Indian sportswear brand is planning to open its own EBOs from July.Internationally, the brand which has presence in Dubai, and is looking forward to test waters in other foreign countries like Canada. The brand with a TG ranging from 15-35 years has no plans to compete the brands targeting the premium ...
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Opportunity India Desk Sep 29, 2017 - 2 min readOne of the rapidly-growing platforms for skin, hair and aesthetic wellness, MyDermacy, has raised a fresh round of undisclosed funding from Cyber Carrier, an India-focused Chinese venture capital fund as well as existing investors. The current round has been reportedly raised against fresh equity amounting to 15%-18%. This is a second round of funding having previously ...
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Opportunity India Desk Sep 29, 2017 - 1 min readAdidas said it has appointed Harm Ohlmeyer, head of the group's global eCommerce business, as new finance chief from May 12, replacing Robin Stalker, who served alongside former boss Herbert Hainer for 16 years.The appointment is the second executive change at Adidas since activist shareholders bought stakes in the company in 2015 after its shares ...
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Opportunity India Desk Sep 29, 2017 - 1 min readAccording to Rajeev Gopalakrishnan, President, South Asia, Bata Emerging Markets, Bata India is eyeing Tier III and Tier IV cities through a franchise model rather than opening new stores.Gopalakrishnan, said, "Considering the fact that retail business will grow rapidly in Tier III and Tier IV markets over the next five years, due to increasing disposable ...
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Opportunity India Desk Sep 29, 2017 - 1 min readDutch diversified firm Philips has forayed into the home healthcare business in India by floating a new entity Philips Home Care Services. The wholly owned subsidiary of Philips India will focus on delivering both devices and medical services at the consumers' household.As per Philips India disclosure to the Registrar of Companies (RoC), the company carried ...
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Opportunity India Desk Sep 29, 2017 - 2 min readMumbai-based pre-school chain Tree House Education & Accessories Ltd, which has been battling worsening financials and allegations of irregularities, is planning to change its operational strategy to revive its fortune, it said in a BSE filing.The firm hinted at running its business on a franchise model. In the stock market disclosure, it said it may ...
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Opportunity India Desk Sep 29, 2017 - 1 min readRaw Generation (rawgeneration.com) has announced the launch of its latest weight loss and wellness program, SKINNY START. Created from the belief that a healthy lifestyle should be full of abundance, not deprivation, the three-day SKINNY START program marries 100-percent raw plant-based juices and foods to jumpstart weight loss and wellness goals. SKINNY START is available ...
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Opportunity India Desk Sep 29, 2017 - 1 min readAermed, a pharmacy and lab aggregator, run by HX Wellness Pvt. Ltd, has managed to raise an undisclosed amount of funding by Hitesh Windlass, CEO of Windlas Healthcare.Aermed is going to use the fund for customer acquisition and ramping up technology team. It is also going to use the money for back-end development by setting ...
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Opportunity India Desk Sep 29, 2017 - 1 min readCatWalk, a shoe designing brand, which opened in 2003 has made the remarkable record by acquiring 25 partners in a span of just one and a half month.The company launched its Franchisee Expansion Program in August 2016 and till date it has gathered 25 partners. The franchisee opened for booking also was booked within 30 ...