Zivame news and archive

Zivame aims to boost sales through semi annual festival

Zivame recently held the ‘Grand Lingerie Festival’ through which it expects to boost sales. The brand offers innovations and collections across lingerie, shapewear, sleepwear, and activewear. It offers women innovations like the wonder wire bra, the shaper bra, the super soft Marshmallow collection and festive must-haves like the strapless bra,...

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Women’s innerwear brand Zivame records 50 per cent jump in revenue

Zivame’s revenues have grown 50 per cent in fiscal ’19. Focusing on an omni-channel strategy, the brand plans to double store count to 60 and expand its presence through online fashion portals in the next eight months. Zivame is an intimate wear platform. For the upcoming festive, wedding and holiday seasons, the brand offers innovations for...

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Zivame raises funds to boost retail, augment technology

Online lingerie retailer Zivame has raised Rs 60 crore funding as a part of bridge round, led by Zodius Technology Fund and a group of high net worth individuals. The latest fund infusion, which is part of the company's Series C funding, will be followed by a larger round later in 2019. The funding will enable the company to further enhance its...

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Zivame posts Rs 86.6 crore revenue in FY 18

As per regulatory filings with the Ministry of Corporate Affairs, online lingerie retailer Zivame posted Rs 86.6 crore in revenue in FY18, an almost 63 per cent increase from the previous fiscal year. The company’s loss too narrowed even as its expenses increased. The company’s loss declined by 44 per cent to Rs 32.1 crore from Rs 57.6 crore in...

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India’s lingerie market witnessing a huge fillip

India is one of the most lucrative global retail markets, like any other industry, it is offering a huge fillip to the lingerie industry. Valued at 3 billion dollar, lingerie business holds the largest pie of market share in India with high margins in returns. This segment has carved a niche for itself in garment manufacturing business – From...

Retail

E-com portals in store opening spree

Start-ups like Zivame, Myntra and Fynd are looking at setting up brick-n-mortar stores. Since fashion is a touch and feel category, they are looking at an omni-channel distribution approach. Zivame’s foray into the brick-n-mortar space was to help women experience lingerie in an uninhibited way. With data suggesting that even today, four out of...

Retail

Selling brands both online, offline will be key to profitability: Zivame

Emerging from an investor-led leadership change, online lingerie retailer Zivame aims to become profitable in the first quarter of fiscal 2018-19, thus expecting a boost from its ambitious plan to open at least three dozen stores across India. Zivame's strategy to sell its brands both online and in brick-and-mortar stores will be key to...

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Zivame reports 84 percent jump in net losses

As per filing with the registrar of companies, online lingerie brand Zivame has reported a 84 percent rise in net losses at R 54 crores in FY 2016. Actoserba Active Wholesale, the promoter company reported a 38 per cent growth in its net sales at R 62.6 crore during the period. The company’s revenues are the commission it gets from retailers on...

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E-com banking on brick & mortar retail to drive growth

After having tested success in homeground, Indian e-commerce companies are all set to venture into global markets. Lenskart (online eyewear shop), Zivame (lingerie e-commerce player), and Pepperfry (online furniture company) are some of them who opened a physical store in India. E-commerce spend is still less than 2 per cent\% of total retail...

Retail

Lingerie retailer Zivame turns into a private label business

Online lingerie retailer Zivame (Actoserba Active Wholesale) has turned a private label business. This move that was done by discarding aggregation of brands will help it earn higher margins and bolster its bottom line, said two people aware of the development. Private labels are brands owned by retailers and have higher margins than brands...

Retail

Fashion e-commerce sees good profits

Many e-commerce companies dealing in fashion are seeing good profits in India, riding on substantial margins. For online firms, profit has not been the main concern, with volumes growth taking center stage. But now, with investors looking for profitability in companies they bankroll, every player is looking to earn. With margins of 20 to 60...

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Zivame hopes to cross 15 million dollars by March 2016

Online lingerie e-tailer Zivame is confident of crossing 15 million dollars (Rs 101.83 crores) in revenues by March 2016. Zivame has successfully tapped into India’s 3 billion dollars (( Rs 20,000 crores) lingerie market. Last year, Zivame launched a fitting lounge in Bengaluru. It assists women in understanding their size as well as guide...