Flipkart Group news and archive

Nautica partners with Flipkart in India

Indian e-commerce marketplace Flipkart Group has signed a deal with Authentic Brands Group (ABG) for the licensing and distribution of lifestyle brand Nautica in India. As a part of this agreement, Flipkart Group will manage Nautica’s online and offline business, through a network of franchise partners, which ABG states will help to “strengthen...

Retail

Myntra cuts losses by 25 per cent in FY'17

A strategic focus on private labels has helped Myntra boost the fashion and lifestyle business of Flipkart Group. Myntra’s FY17 losses dipped 25 per cent to Rs 655 crore as against Rs 823 crore in the previous year. The firm’s three-year-old private label business has been growing strongly and accounts for about 25 per cent of overall revenue....