In order to handle the expected spike in demand during its End of Reason Sale (EORS), Myntra has reportedly created more than 20,000 job opportunities through its partners.
Business News
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Throughout the year, the company expanded its fashion portfolio by over 800 labels, including both domestic and international names including Rare Rabbit, Snitch, and Victoria's Secret.
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TechnoSport unveils Cotflex, a cutting-edge, sustainable athleisure collection blending cotton-like comfort with high-performance features.
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Retail
Ziniosa bags funding from Inflection Point Ventures to expand preloved luxury fashion platform
The new capital will be used for fueling the company's next level of growth—scaling its core team, expanding brand visibility, further developing its tech infrastructure, building consumer awareness, and opening its first physical store.
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The new capital will fund the company's ambitions to increase offline retail footprint, expand its product line, and venture abroad.
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Trade Data
Telangana textile industry highlights need for GST rate reform, raises issue of e-commerce
Telangana's textile industry has submitted a memorandum to rationalise the GST on all textile products to a uniform 5 per cent in order to guarantee affordability, process simplification, and compliance ease.