Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Bangalore, India
Global Markets
Amazon and Walmart Find Sales Season Success in Rural India
Amazon.com and rival Walmart reported record revenue for their six-day India sales as e-commerce catches on with buyers and sellers in smaller towns.
Amazon and Walmart Find Sales Season Success in Rural India
Amazon.com and rival Walmart reported record revenue for their six-day India sales as e-commerce catches on with buyers and sellers in smaller towns.
News & Analysis
Flipkart Is Said to Make New Offer of $950 Million for Snapdeal
The offer could lead to a final agreement between India’s two largest local e-commerce providers within three weeks.
Flipkart Is Said to Make New Offer of $950 Million for Snapdeal
The offer could lead to a final agreement between India’s two largest local e-commerce providers within three weeks.
Retail
Report: Flipkart's E-Commerce Merger at Risk
The company's planned acquisition of its rival Indian e-commerce provider Snapdeal has hit a snag that may put the deal in jeopardy.
Report: Flipkart's E-Commerce Merger at Risk
The company's planned acquisition of its rival Indian e-commerce provider Snapdeal has hit a snag that may put the deal in jeopardy.
Financial Markets
Flipkart Deal With Snapdeal Said to Need Further Investor Approvals
Several important investors have yet to sign on to the deal, which could create a stronger local competitor to battle Amazon in India's e-commerce market.
Flipkart Deal With Snapdeal Said to Need Further Investor Approvals
Several important investors have yet to sign on to the deal, which could create a stronger local competitor to battle Amazon in India's e-commerce market.
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Technology
Report: Flipkart Raises $1 Billion, With Plans for $1 Billion More
The 10-year-old startup is fighting for its life against Amazon.com Inc. and other rivals looking for a piece of the fast-growing India market.
Report: Flipkart Raises $1 Billion, With Plans for $1 Billion More
The 10-year-old startup is fighting for its life against Amazon.com Inc. and other rivals looking for a piece of the fast-growing India market.
Retail
Flipkart's Hedge Fund Boss Is Looking for $1.5 Billion
In order to compete against Amazon and other rivals like Pvt, Flipkart will have to persuade investors to inject fresh capital.
Flipkart's Hedge Fund Boss Is Looking for $1.5 Billion
In order to compete against Amazon and other rivals like Pvt, Flipkart will have to persuade investors to inject fresh capital.
News & Analysis
Amazon Bets on Diwali to Take Title as India's Top Web Retailer
Bezos's protégé Amit Agarwal is aiming to make Amazon the country's top online store by sales ahead of the Diwali shopping season.
Amazon Bets on Diwali to Take Title as India's Top Web Retailer
Bezos's protégé Amit Agarwal is aiming to make Amazon the country's top online store by sales ahead of the Diwali shopping season.
Retail
Giants Clash in Nascent Indian E-Commerce Market
India’s shaping up to become the next big e-commerce battleground for global players from Alibaba Group Holding Ltd. and Amazon.com Inc. to local champions Flipkart and Snapdeal.
Giants Clash in Nascent Indian E-Commerce Market
India’s shaping up to become the next big e-commerce battleground for global players from Alibaba Group Holding Ltd. and Amazon.com Inc. to local champions Flipkart and Snapdeal.
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Global Markets
Op-Ed | Making 'Made in India' Matter
A new campaign encouraging foreign nations to use India as a manufacturing hub is an opportunity to promote 'Made in India' as a stamp of quality, artistry and heritage within the fashion industry, says Bandana Tewari.
Op-Ed | Making 'Made in India' Matter
A new campaign encouraging foreign nations to use India as a manufacturing hub is an opportunity to promote 'Made in India' as a stamp of quality, artistry and heritage within the fashion industry, says Bandana Tewari.
Technology
Mukesh Bansal, Online Fashion Guru to India’s Masses
Start-up founders are natural multitaskers. But for Mukesh Bansal — founder and chief executive of Myntra, India’s leading fashion e-commerce player — building a winning business required the focus to resist doing too many things at once, while finding the right blend of fashion and technology.
Mukesh Bansal, Online Fashion Guru to India’s Masses
Start-up founders are natural multitaskers. But for Mukesh Bansal — founder and chief executive of Myntra, India’s leading fashion e-commerce player — building a winning business required the focus to resist doing too many things at once, while finding the right blend of fashion and technology.
Technology
Alibaba to Disclose Names of 28 Major Shareholders
BANGALORE, India — Alibaba Group Holding Ltd will name the 28 people who will control the world's biggest e-commerce firm in an update to its initial
Alibaba to Disclose Names of 28 Major Shareholders
BANGALORE, India — Alibaba Group Holding Ltd will name the 28 people who will control the world's biggest e-commerce firm in an update to its initial
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.