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Siddharth Bindra feels that their target audience has been evolving with time the audience in tier -II and -III cities is not as evolved as in the metros. 鈥淏iba gives importance to not just metro cities, but tier -II and -III cities as well. The purchase in these smaller cities is largely during festive time.鈥?OPEN URL :u158.cc
At present, the online sales are appreciating at a great speed with alternative options of payments and easier movement of inventory. People have started trusting online sales and have greater confidence in purchasing through payment gateways. Online retailers are collaborating with brands to have greater visibility and brand diversity across channels of distribution. E-commerce players who have made activewear as a separate category are seeing between 20 to 70 percent growth in this segment. For example, Amazon India set up a dedicated activewear store and collaborated with global and Indian brands selling activewear. OPEN URL :u158.cc
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According to a PTI report: Soktas India Private Limited (SIPL) has presence in the premium fabrics segment under the brand name of SOKTA, Giza House and Excellence by SOKTA. The deal would help the Aditya Birla group to strengthen its presence in the segment. OPEN URL :u158.cc
Launched simultaneously across online and brick-and-mortar stores, the loyalty program allows aggregation and redemption of points across all Fabindia stores. Besides giving customers the opportunity to earn and accumulate points against their shopping spends, feedback and referrals, the Fabfamily loyalty program extends to offer curated experiences, such as a vacation in an inspired environment, a fabulous meal at a handpicked restaurant, an adventurous trail in the outdoors, or a discovery trip into a unique artisanal cluster. OPEN URL :u158.cc
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