Trend towards mass casualization to fuel growth of Foot Locker in India, says global chief – ET Retail

Representative image Foot Locker global chief executive Mary Dillon said Indians are increasingly demanding sneakers such as Jordans and Samba, going beyond just having a sports shoes culture, mimicking the trend seen in the US and China many years ago. Foot Locker, a New York-based athletic retailer, is entering into India through a long-term licensing…

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E-commerce speeds up to catch up with Quick commerce – Times of India

MUMBAI: For online platforms, this festive season is all about speed. As quick commerce firms expand into non-grocery categories – the domain of e-commerce companies- and enter smaller cities, getting more consumers accustomed to the convenience of 10-minute deliveries has never been more important. SoftBank-backed Meesho has tripled its delivery capacity and is enhancing speed,…

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Here’s why Nykaa is suing Tata Cliq CEO Gopal Asthana – Times of India

The beauty and fashion e-commerce platform, Nykaa has filed a lawsuit against its former chief business officer, Aakash Asthana, who is now the chief executive officer of Tata Cliq Luxury.Accusations against AsthanaAs reported by The Economic Times, the lawsuit alleges that Asthana breached his employment contract with Nykaa before leaving the company.The lawsuit also claims…

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