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How to Leverage Myntra to Expand in India

How to Leverage Myntra to Expand in India
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United statesNew delhiRasul bailayDharminder sahniVan heusenMukesh bansalJassi kaurShailesh chaturvediDeepa shastriAllen sollyCalvin kleinFlipkart groupGap incArvind lifestyle brands ltdTommy hilfigerRetail association of india

Ecommerce accounts for nearly a third of several electronic categories, research shows

Ecommerce accounts for nearly a third of several electronic categories, research shows SECTIONS Share Synopsis E-commerce contribution to total FMCG sales touched an all-time high of 2.8% in 2020 up from 1.9% a year back. Large manufacturers like Hindustan Unilever, ITC, Nestle and Marico have said their e-commerce contribution has more than doubled in 2020 to around 5-6% of total sales. Agencies Company CEOs and trackers said the shift to e-commerce last year might be permanent for most of the categories. Ecommerce now accounts for nearly a third of several electronic categories, almost half of smartphones sold and about a fifth of all apparel sales in India, increasing at their highest pace in 2020 when most consumers hunkered down in their homes due to Covid related restrictions and feared shopping at brick-and-mortar stores, as per just released data by researchers GfK, Nielsen, IDC and company officials.

India generalNavkendar singhVishak kumarSanjiv mehtaNikhil mathurShailesh chaturvediCompany ceosHindustan unileverBirla fashionArvind fashionsCo vidE commerceOmni channelIdc indiaஇந்தியா ஜநரல்சஞ்சீவ் மேத்தா

Arvind Fashions delivers strong performance with 106% Q-o-Q growth and cash breakeven

Arvind Fashions delivers strong performance with 106% Q-o-Q growth and cash breakeven Posted On: 2021-02-03 02:17:59 (Time Zone: Arizona, USA) Arvind Fashions Limited (AFL), India s leading casual and denim player, has declared its financial results for the third quarter and nine months ended Dec 31, 2020. Key Points - Q3 FY21 revenue grew sequentially by 106%, driven by Q-o-Q momentum on account of stronger festive season and winter shopping, along with increased footfalls across the stores as the lockdown gradually lifted. This was further aided by continued traction in the online channel - Overall, revenue reached 86% of last year levels in Q3 FY21. Sales recovery trajectory (Y-o-Y) was stronger across all the channels

United statesWest bengalShailesh chaturvediArvind fashions limitedTime zoneFashions limitedஒன்றுபட்டது மாநிலங்களில்மேற்கு பெங்கல்ஷைலேஷ் சதுர்வேதிஅரவிந்த் ஃபேஷன்கள் வரையறுக்கப்பட்டவைநேரம் ஸோந்ஃபேஷன்கள் வரையறுக்கப்பட்டவை

Arvind Fashion shares drop by 2%, after negative results

Arvind Fashion shares drop by 2%, after rise in net loss Q-o-Q revenue zooms by 106% yet reported loss; Board approves rights issue of Rs 200 crore Casual and denim player Arvind Fashions Limited (AFL) reported a consolidated net loss of Rs 65.62 crore in the third quarter ended December 31, 2020. Due to the results, the share of the company is trading in red, almost down by around 2 per cent. At 3.15 pm, the share of Arvind Fashion was trading at Rs 145.95 per piece. Meanwhile, the company had posted a net loss of Rs 48.26 crore in the year-ago period, AFL said in a BSE filing. It has reported a revenue of Rs 901 crore in the third quarter of FY 2021. The company registered 106 per cent Q-o-Q (quarter on quarter) revenue growth in Q3 FY 2021 whereas saw a decline of 14 per cent year on year basis. In Q3 FY20, the company reported a revenue of Rs 1,052 crore.

Shailesh chaturvediArvind fashions limitedArvind fashionArvind fashionsஷைலேஷ் சதுர்வேதிஅரவிந்த் ஃபேஷன்கள் வரையறுக்கப்பட்டவைஅரவிந்த் ஃபேஷன்அரவிந்த் ஃபேஷன்கள்