Yepme news and archive

Yepme on a cost cutting drive, shuts few brick and mortar stores

In a bid to remodel their business and cut costs, Delhi-based fashion e-commerce firm Yepme has shut four brick and mortar stores. These were in Gurgaon and Noida. VAS data services, which runs Yepme, shut these offline stores two each in Gurgaon and Noida in the NCR. Meanwhile it opened a new store in at EDM Mall, Ghaziabad. Vivek Gaur,...

Business

Online fashion retailer Yepme raises funds from Gokaldas

Fashion e-commerce firm Yepme has managed to raise funding from garment exporter Gokaldas Exports. The firm will use the funds for the operations of its UK entity which deals in fashion products exclusively for international markets largely the US, Europe and the Middle East. This deal will help Gokaldas get exposure to digital sales channels...

Retail

Yepme expands to Europe

Online fashion brand, Yepme, is expanding its presence in European countries like the UK, Germany, Italy, France and Spain. It will build on its core strengths of in house technology, low cost fast fashion supply chain, and experience of building high brand salience. The retailer is trying to make fashion more accessible to young people around...

Business

Yepme losses climb 73 per cent

Online fashion retailer Yepme posted 73 per cent higher losses in 2015-16. Gurgoan-based Yepme is a private label brand, which typically fetches 30 to 40 percent higher gross margins than other online marketplaces that depend on branded apparels. It opened in 2011 and sells private labels under the brand name Yepme in ethnic Indian wear and...

Retail

Yepme opens brick and mortar store, provides real time pricing

Fashion portal Yepme has opened a flagship store spread over 7,600 square feet which offers Yepme’s product across categories. The outlet displays casual wear, active wear, ethnic wear and party wear for both men and women. It also offers accessories like sunglasses, watches, wallets, belts, jewelry, stoles and clutches. Through the new store,...

Retail

Yepme to set up 1,400 offline outlets in three years

Seven months after venturing into the offline space, online fashion retailer Yepme is planning to set up as many as 1,400 outlets all over the country in the next three years. This is a part of a plan to get physical stores to contribute 75 per cent of its revenue. The size of the stores would range from around 750-1,200 square feet and will be...

Retail

E-tailer YepMe plans to open 400 stores by the end of the FY

Gurgaon-based online e-tailer YepMe plans to open 400 stores by the end of this financial year. This is in keeping with the omni-channel strategy followed by most retailers to ramp up sales. The e-tailer already has four stores in Gurgaon. The cities identified for new stores include: Noida, Meerut, Bengaluru, Hyderabad, Ludhiana and Latur. This...

Retail

Yepme launches its third store in Gurgaon

Many brick-and-mortar stores have gone online and done well but online fashion e-tailer Yepme is an e-commerce venture which has done well in its brick-and-mortar avatar. After its two stores received tremendous response from consumers, Yepme launched a third one at Good Earth City Center Mall, Gurgaon. The stores have made it easy for its...

Retail

E-tailer Yepme opens its first brick-and-mortar store

Online fashion brand Yepme launched its first brick-and-mortar store at DT City Centre Mall, Gurgaon. The purpose behind launching a physical store is to develop a connection between the brand and its customers. It makes it possible for customers to see and feel the products before buying them. Also, there is no price difference between offine...

Retail

EDITED aids FlipKart and Yepme fuel India's E-commerce boom

Retail analytic software firm EDITED claims its is one of the companies pulling the strings behind the scenes fuelling India's e-commerce boom. With the demand for online marketplaces such as Flipkart, Myntra and Yepme predicted to reach a record-breaking all time high during this years holiday season, data from EDITED has helped these...

Fashion

Yepme aims to offer complete fashion portfolio

Indian online fashion retailer Yepme is eyeing a vertical growth and wants to go beyond just offering western casual wear. Yepme is trying to build a brand of its own so that the new fashion hungry frats in India don’t have to look up to the US and European companies for being in tune with the latest fashion trends. The aim is to become the best...

Business

Yepme close to bagging around Rs 450 cr in funding

Online fashion retailer Yepme.com, run by VAS Data Services, is said to be in the final stages of getting a 75 million dollars (about Rs 450 crores) funding boost from new investor Khazanah Nasional, Malaysia’s sovereign wealth fund along with existing investors. Khazanah, headed by Chinta Bhagat in India, recently participated in online...