Flipkart’s fashion unit Myntra bets on artificial intelligence to drive growth

December 1, 2016 By creative

By Sankalp Phartiyal and Tanvi Mehta MUMBAI/BENGALURU (Reuters) – Fashion portal Myntra, part of India's top e-commerce group Flipkart, aims to use smart technology such as artificial intelligence to enhance consumer experience as it looks to drive growth and turn profitable in the next fiscal year. India's e-commerce market is forecast to grow to $188 billion in a decade as more and more of its 1.2 billion people log on to smartphones and PCs in the world's fastest-growing internet services market. Players such as Flipkart and Myntra took a page out of Amazon's playbook to offer cash-burning discounts when they launched in 2007 but are now increasingly tailoring their products and experiences to capture a burgeoning Indian market.

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Flipkart’s fashion unit Myntra bets on artificial intelligence to drive growth

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Forget Paris, focus on Tokyo, Japan fashion told

October 20, 2016 By admin

Tokyo may be the style capital of Asia, but with South Korea and China snapping at its heels and Japan's most iconic brands rooted in Europe, the city is being urged to haul its fashion week into the big leagues. Tokyo Fashion Week kicked off its spring/summer 2017 season showcase on Monday with six days of events intended to promote 50 brands, a mixture of the established and the new. Tokyo Fashion Week attracts only 50,000 visitors — just a quarter of the total number that attend New York's two annual fashion weeks, and also lagging behind London, Paris and Milan.

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Forget Paris, focus on Tokyo, Japan fashion told

Filed Under: Latest News Tagged With: amazon, amazon-fashion, city, europe, events-intended, fashion, kicked-off-its, london, paris, snapping-at-its, south-korea, the-established, tokyo-fashion, umit

Amazon makes foray into fashion world

April 2, 2016 By publisher

New York (AFP) – Amazon has been making moves over the past few months to position itself as a force in the ready-to-wear fashion world.

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Amazon makes foray into fashion world

Filed Under: Latest News Tagged With: afp, amazon, fashion-world, making-moves, over-the-past, past, past-few, position-itself, ready, the-ready-to-wear