In the Hindu Kush mountains craftswomen painstakingly stitch flowing scarves, skilled artisans who were unable to sell their products beyond the remote region until mobile internet came to Pakistan and dropped the market into the palms of millions of previously marginalised people. The women of northern Chitral are among the unlikely profiteers of an e-commerce … Read More →
Home Retail Group has divested its DIY arm Homebase, now owned by Australian group Wesfarmers following 99.3% of shareholders voting in favour of the move. The deal, first submitted in December, valued the business at £340m. It was approved at an AGM last week and the deal was completed at the weekend. Homebase will disappear from … Read More →
Britain’s five largest high street retailers have been late in paying suppliers 80% of the time, a new report has revealed. The findings, from peer-to-peer lenders MarketInvoice, highlighted John Lewis, Alliance Boots, Home Retail Group, Marks & Spencer and Kingfisher as the worst offenders in a prevailing industry trend for late payments to suppliers. Among … Read More →
Davidoff has launched Cool Water Exotic Summer, the brand’s 2016 limited edition summer flankers for the Cool Water fragrance series. Cool Water Exotic Summer follows 2015’s Cool Water Summer Seas. Cool Water Man Exotic Summer ~ with mandarin, basil, sage, juniper, mint and sandalwood. Cool Water Woman Exotic Summer (not shown) ~ with melon, lily … Read More →
E-commerce marketplace Snapdeal said that the Electronics Monday Sale was the highest ever traffic experienced by the platform, where five mobiles were sold every second. In a statement issued on Monday evening, the company claimed that it was on track to reach $100 million in sales (roughly Rs. 647 crores). “It has been our biggest … Read More →
With e-commerce companies launching their big sale to woo shoppers, Delhi has recorded an 88.5 percent rise in online shopping during this festive season against regular online shopping that rose 56 percent, as per a report. Industry lobby Assocham, which conducted a survey in key cities like Ahmedabad, Mumbai, Delhi-NCR, Chennai, Bangaluru, Hyderabad and Kolkata, … Read More →
With online players like Amazon, Flipkart and Snapdeal witnessing phenomenal growth in their Diwali sales, technology giant Google Tuesday said it is discontinuing its ‘Great Online Shopping Festival’ (GOSF) from this year. Started in 2012, GOSF began as the Indian version of “Cyber Monday” to encourage Indians to shop online by offering discounts and deals … Read More →