Page 5 - Myntra

Myntra expects 6 mn unique customers on its platform during festive sale

Fashion and lifestyle e-tailer Myntra expects around six million customers to shop from its platform during its annual festive season sale event starting on September 23, the company said on Thursday. Flipkart group company expects to create 16,000 job opportunities during the "Big Fashion Festival" compared to around 11,000 opportunities it created during the 2021 festive season sale. "This year's festive season is going to be special for everyone. After two years of celebrating festivals in a rather muted way, this year it is going to be much grander and bigger. During this edition of Big Fashion Festival, we are expecting around 6 million unique customers to shop during the event. We are geared to handle as many as 900 thousand concurrent users on the platform," Myntra CEO Nandita Sinha said in a statement. In 2021, the e-commerce platform had the capacity to handle 740,000 concurrent users. The company shared that it has also increased order handling capacity per minute to arou

We are set to conduct the biggest fashion festive sale: Myntra CEO

Myntra platform is geared to handle 13,000 orders per minute during the online fashion retailer's festive sale event this month

Myntra creates 16,000 jobs to cater to surge in festive season demand

The ramp-up includes the addition of over 6,300 personnel to fulfil demand across first- and mid-mile delivery and 3,000 personnel to cater to last-mile delivery

CoinSwitch appoints former Myntra VP as head of crypto engineering

Sudheer Tumuluru joins CoinSwitch from Myntra where he was VP-engineering. With two decades of experience, he has built cloud, Big data and infrastructure platforms at tech firms in India and US

Flipkart and the startup longevity challenge

Flipkart, which is rarely listed as a startup or unicorn now, has also had to delay its IPO

Customers may see lower discounts, fewer end-of-season stocks on sale

Sale days are also likely to be reduced as retailers emerge from pandemic to post strong surge in business-as-usual (BAU) sales

Myntra sells record-breaking 5 million products on day 1 of EORS-16

Myntra, one of India's leading fashion, beauty and lifestyle destinations, on Monday said that the 16th edition of its flagship EORS-16 witnessed over 70% growth in traffic over business as usual

Expect over 1 mn new shoppers in flagship sale this year: Myntra CEO

Myntra is poised to expect over 1 million new customers, with over 40 per cent of the overall traffic coming from tier 2/3 cities and towns

Myntra gets master distribution rights for US fashion brand 'bebe' in India

As part of the licensing agreement, Myntra will assist bebe with wholesale distribution through a network of independent third-party franchise partners and distributors.

Myntra starts under 48-hour delivery for fashion and beauty products

The 'M-Express' service will work in more than 1,300 pin codes and earn customer loyalty, says the company.

Myntra's vice president and head of marketing Achint Setia to move on

He had brought 17 years of expertise in scaling businesses in consumer tech and media to the organisation

Myntra moves to new fashion, tech and sustainability oriented office

300,000 st ft premises is situated in Outer Ring Road at Kadubeesanahalli, Bengaluru

With record GMV of $13.4 bn, GeM catching up with Amazon and Flipkart

Crosses annual procurement of Rs 1 trillion in FY22

Walmart-owned Myntra launches one-of-a-kind 'Teens Store' on its platform

The store will offer over 20,000 styles from more than 100 domestic and international brands, specific to teen fashion

Marks & Spencer, H&M eye a big slice of India's home decor market

H&M will first sell its home decor items on its online site and on Myntra, and later launch its collection at its existing store at Ambience Mall, Vasant Kunj in Delhi

Myntra has a big opportunity for democratising fashion through tech: CEO

Company has forayed into social commerce and has been pioneering the next wave of fashion-tech concepts, said Nandita Sinha

British retailer Marks & Spencer launches homeware collection in India

British retailer Marks & Spencer on Thursday announced the launch of its homeware collection in India across its select stores and the website, apart from e-commerce channel partners AJIO and Myntra. The company is targeting urban consumers through its homeware collection, said Marks & Spencer Reliance India Managing Director James Munson. Munson added that after the pandemic, people have a new-found connection to their homes. The collection will offer products in beddings, bathrooms, wellness and dining category, according to a statement. "We are targeting urban consumers who are quality connoisseurs and are seeking value for their money. Those who aspire for contemporary and beautiful homes and yet want solutions that are designed to last using materials sourced with care," he said. Marks & Spencer operates through a 51:49 joint venture in the Indian market with Reliance Retail. "After the pandemic, people have a new-found connection to their homes and M&S Homeware .

Upstox ropes in Myntra, Oyo executives to bolster leadership team

Harish Narayanan joins as Chief Growth Officer, Jayant Chauhan as Senior Vice President-Finance and Saurabh Agarwal as Vice President-New Initiatives

Fashion retailer Myntra names veteran Nupur Nagpal as chief HR officer

Raghu Krishnananda, earlier chief technology officer, is now chief technology and product officer (CTPO)

Fashion retailer Myntra elevates Achint Setia as the head of marketing

Setia will lead Myntra's marketing function while continuing to oversee the social commerce business