BabyOye news and archive

Arvind Lifestyle Brands focuses on kids’ as holistic business

Arvind Lifestyle Brands is now focusing on kids’ wear as a separate business vertical to double its business over the next five years. It has a number of top global labels under its folder including Tommy Hilfiger, Nautica, GAP and Aeropostale. The company is now looking to open exclusive kids’ wear outlets which will sell apparels, footwear and...

Retail

Online and offline retailers cash in on baby boom

The country’s next retail battle could well be fought in the maternity and childcare segment. With 20 billion dollars (Rs 1,34,310 crores) in sales and growing at an estimated 17-18 per cent, the segment is witnessing intense interest from both online and offline players. The players, including Amazon, Arvind Lifestyle Brands and Babyoye, are...

Retail

E-tailers ramp up offline presence to take on brick-and-mortar stores

Many e-tailers are gaining significantly by setting up brick-and-mortar stores and giving the offline ones a run for their money. These stores are seeing significant contributions to revenue and bottomline from their physical store. Stores like FirstCry, Lenskart and Pepperfry are some of these which have gained from their offline avatars....

Retail

Mahindra Retail to tie up with US kids’ wear brand Carter’s

Mahindra Retail and Carter’s Inc have entered into a buy and sell arrangement. Under this, Mahindra Retail, which is part of Mahindra Group, will sell kids’ wear in its BabyOye stores across India and online. Mahindra Retail will open 40 shop-in-shop BabyOye stores. This means that Carter’s will be given space within BabyOye stores to sell its...

Business

PE funds open their wallets for online kids’ players

After several online and offline players in the kids’ wear category were forced to exit, global PE firm Bain Capital sued EY (Ernst & Young) in the US court against their investment advice in domestic kids’ wear chain Lilliput. PE investors have been skeptical about the kids’ brands and retailer. However, the scenario is gradually changing with...

Apparel

Babyoye acquires Hoopos, raises more funds

Online babycare company Babyoye has raised 12 million dollars (around Rs 64.8 crores) in funding from Helion Venture Partners along with Accel Partners and Tiger Global, with this it has also confirmed the acquisition of Hoopos in an all-stock deal. While the Hoopos website will continue to function, Babyoye will be the primary platform. As...