22 June 2022, Mumbai:

Asia’s leading omni-channel platform, Ace Turtle plans to open over 100 omnichannel-enabled stores of brands Lee and Wrangler by March 2023. The Bengaluru-based company has already hired senior leaders to drive the expansion.

As per Nitin Chhabra, Co-Founder and CEO, Ace Turtle, the company will launch new stores on the franchise model across Tier I, II and III cities. The stores will be located closer to customers’ locations.

The Licensed Brands vertical was launched by Ace Turtle in 2021 through acquisition of long-term licenses of iconic denim brands Lee & Wrangler from Kontoor Brands for India and a few South Asian markets.

The company is engaged in providing design, local sourcing and retailing services consumer brands in India. Within a short duration, the company has transformed both the brands’ businesses by leveraging its omnichannel technology platform.

Founded in 2014, Ace Turtle is the market leader in omnichannel technology space for enterprise brands in India. It is a frontrunner in New Age commerce having two business verticals: SaaS and Licensed Brands.

With its proprietary platform ‘Rubicon’, Ace Turtle integrates online and offline retail channels enhancing efficiency and scalability through omnichannel transformation by intelligent use of data.

20 June 2022, Mumbai:

ChandaniAgarwal, Founder, Little Tags has been featured in The Corporate Review Magazine as the ‘Futuristic Woman Entrepreneur in 2022’ and won a ‘Digital Women Awards 2021’ by ShethePeople magazine. Little Tags was listed in Business Iconic magazine as one of ‘The 10 startups that caught our eye in 2022’ for its ingenious solutions.

An alumna of a premier business school in Delhi, Agarwal launched Little Tags in 2017. It is a unique marketplace for kids’ clothing, bringing branded, high-quality children’s brands together on one platform. With over 260 designer brands under its umbrella, Little Tags brings the best and latest trends of reputed designer labels in India like RohitBal, SamantChauhan, RaghavendraRathore, PayalSinghal, Nitya Bajaj, Pallavi Mohan, Shivan&Narresh, AnandBhushan, SiddharthTytler, Krishna Mehta, MonishaJaising, NishkaLulla and Pooja Wang.

The marketplace was awarded the title of ‘ India’s Most Admirable Brand 2020’ by Forbes India and its collection was shown at the ‘Ramp of Delhi Times Fashion Week 2021 & 2022’.

16 June 2022, Mumbai:

Having completed nine years of operations in India, the local arm of the US ecommerce major Amazon plans to increase local stores in India and gain 500 more e-commerce users as customers, says Manish Tiwary, Country Manager-India Consumer Business, Amazon India.

The Seattle-headquartered etailer plans to onboard more physical stores on its India platform to increase the number of goods that can be delivered quickly to customers. Amazon India currently has 1.1 million sellers on its platform. Its total user base is more than 100 million.

Last month, Amazon launched Smart Commerce, an initiative that will help offline stores set up their own digital storefronts, in addition to selling on its India marketplace. This is similar to what Canada-based Shopify does. Amazon will enable these stores to sell on its marketplace and other platforms.

Amazon’s focus on social commerce is in line with its recent acquisition of Glowroad which has introduced a zero-commission policy since then.

According to Tiwary, the emphasis on social commerce and physical stores was an outcome of the realisation that it would need different models to cater to a market like India. It is also taking a bet on videos (Prime Video, MiniTV), voice and influencer-led commerce.

In total, the e-commerce firm has pumped in more than $6.5 billion in India and will continue to invest here across segments to grow its core commerce business like grocery.

In the grocery segment, Amazon is competing with many players to get mind space from customers. Tiwary said the company would continue to offer the two-hour delivery service through Amazon Fresh.

21 June 2022, Mumbai:

To showcase the versatility of khadi on International Yoga Day, designers at the Centre of Excellence for Khadi (CoEK) have launched a new wellness wear collection called Svada. As per Atharva veda, the word Svadha denotes ease, comfort or pleasure, that are the attributes of this collection. The ensembles boast of features like a bias yoke on the shoulder, a box pleat in centre back of top wear and low crotch, wrap around bottom wear for ease in stretching and extra comfort.

The collection was endorsed by Kiran Bedi, Social Activist, Ramon Magsaysay Award Winner, and Former Lieutenant Governor of Puducherry. It was chosen by Ripun Daman Bevli, Plogman of India, who appreciated the comfort of khadi as a fabric and silhouettes which provided ease in doing yoga or workout.

Set up by jointly by the KVIC and Ministry of MSME at NIFT, CoEK aims to help Khadi Institutions (KIs) to effectively design, produce and market khadi products in the Indian and global market.