Saturday, August 2, 2025

Creating liberating content

JSW Cement, the building materials arm of Sajjan Jindal-led JSW

MUMBAI: A sharp increase in provisions pulled down quarterly profit

Related News

Mahindra & Mahindra Ltd (M&M) on Saturday said it has completed the acquisition of a 58.96% controlling stake in commercial vehicle maker SML Isuzu Ltd from Japan’s Sumitomo Corporation and

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

MUMBAI: A sharp increase in provisions pulled down quarterly profit at Federal Bank, India’s sixth-largest private lender, even as asset quality and core earnings improved. Net profit declined 14.6% to

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Myntra goes global: Online retailer launches first international platform in Singapore; targets Indian diaspora

Word Count: 692 | Estimated Reading Time: 4 minutes


Myntra goes global: Online retailer launches first international platform in Singapore; targets Indian diaspora

Indian fashion e-commerce giant Myntra has set its sights on international expansion, beginning with Singapore, where it launched its Myntra Global platform last month to cater to the growing Indian diaspora.Nandita Sinha, CEO of the Bengaluru-based company, said the move marks the beginning of a long-term global ambition. “With the launch of Myntra Global in Singapore, we’re also laying the foundation for our global foray, with a long-term aspiration to serve the Indian diaspora beyond India,” she said on the sidelines of NRF 25, a major international retail summit held in Singapore from June 3 to 6.The platform is specifically targeting the 6.5 lakh-strong Indian community in Singapore. According to Sinha, Myntra had already noticed a steady stream of organic traffic from Singapore, around 30,000 users monthly, to its Indian website, signalling strong potential in the region.Since its official launch in Singapore on May 19, the brand has seen promising customer engagement, with a healthy average order value and encouraging signs of customer retention.India remains a “key strategic market for global brands,” Sinha noted, adding that domestic players are now rapidly sharpening their offerings. “The new-age insurgent brands are tailoring their value proposition,” she said, highlighting the shifting dynamics of India’s consumer market.Sinha also pointed out that the fashion e-commerce market in India is still underpenetrated, accounting for less than 15% of overall fashion retail, a figure far lower than global standards. This presents a tremendous opportunity, she said.Gen Z shoppers, in particular, remain a core focus for Myntra. She said this generation interacts with fashion in a unique way, seeking trend-led styles, a more personalised browsing experience, and a smooth, hassle-free shopping journey.Looking ahead, Sinha said Myntra aims to solidify its reputation as India’s most-loved lifestyle destination. “We want to further reinforce our position as India’s most loved lifestyle destination, making the best of trendy fashion, beauty and lifestyle accessible to 100 million plus customers in the country,” she said.She added that the modern Indian shopper is increasingly willing to trade up, especially in beauty, accessories and occasion-wear and the e-commerce giant is well-positioned to meet those evolving needs.





Source link

Sign In

Welcome ! Log into Your Account