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Alibaba’s Ma expresses ‘regret’ over counterfeits lawsuit
Tue, May 19 2015. 05 09 PM

Alibaba’s Ma expresses ‘regret’ over counterfeits lawsuit

A lawsuit filed by France’s Kering SA on Friday in a US court accuses Alibaba of cooperating with and profiting from sales of counterfeit goods
Vegetarian lipstick to rents spur Shoppers Stop’s e-commerce push
Tue, May 19 2015. 08 53 AM

Vegetarian lipstick to rents spur Shoppers Stop’s e-commerce push

Online sales will account for 20% of Shoppers Stop’s total by 2020, compared with less than 1% now, says the company
As USL grapples with boardroom battle, rivals grab market share
Mon, May 18 2015. 08 30 AM

As USL grapples with boardroom battle, rivals grab market share

USL, which is yet to publicly announce Q4 results, reported a slight decline in sales volumes for FY15
Sujeet Kumar, head of Flipkart’s largest seller WS Retail, quits
Mon, May 18 2015. 08 29 AM

Sujeet Kumar, head of Flipkart’s largest seller WS Retail, quits

Kumar along with another former Flipkart executive, Tapas Rudrapatna, controls 46% of WS Retail
Alibaba sued in US by luxury brands over counterfeit goods
Sat, May 16 2015. 01 03 PM

Alibaba sued in US by luxury brands over counterfeit goods

The lawsuit alleged that Alibaba had conspired to manufacture, offer for sale and traffic in counterfeit products bearing their trademarks without their permission
Retailers mull shorter discount season
Fri, May 15 2015. 12 19 AM

Retailers mull shorter discount season

Move by modern retail comes at a time when online retailers continue to engage in year-round discount wars
NDTV venture Indianroots raises $5 million
Thu, May 14 2015. 08 21 PM

NDTV venture Indianroots raises $5 million

Firm will use the funds to scale up the portal’s logistics and delivery mechanisms and expand its marketing activity
Retailers turn down govt’s invite to discuss FDI policy in e-commerce
Thu, May 14 2015. 12 57 PM

Retailers turn down govt’s invite to discuss FDI policy in e-commerce

Retailers’ Association of India says retail should not be classified on the basis of channels such as brick-and-mortar stores or e-commerce
Myntra expects gross sales of $1 billion by March 2016
Thu, May 14 2015. 01 23 AM

Myntra expects gross sales of $1 billion by March 2016

Myntra expects to generate $5 billion in gross merchandise value in the next five years, up from $400 million now, says CEO Mukesh Bansal
Pantaloons reports net loss of Rs 63.78 crore
Wed, May 13 2015. 11 58 PM

Pantaloons reports net loss of Rs 63.78 crore

The company had reported net loss of Rs 70.75 crore in the January-March quarter of 2013-14
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