Will Flipkart’s gamble with new private label fashion succeed?

If electronics is the king of GMV, fashion is the king of margins in online commerce. Indian online market for fashion is estimated to be worth $12-14 billion by 2020 from the current $4 billion, according to a study by Boston Consulting Group (BCG) and Facebook. Home-grown e-commerce unicorn Flipkart, aware of this estimate, has, in the past three years, focussed on this category to ensure that it remains the market leader. In 2014, it acquired Myntra, and in 2016, Jabong. The alliance now claims to have 70 percent of…

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How A Betsy DeVos Department Of Education Could Lead To A Massive Transfer Of Public Funds Into The Private Sector

On Monday, January 30, 2017, hundreds of patient protectors braved the bitter New York City cold to stand firmly in defiance against the impending appointment of billionaire school-choice crusader Betsy DeVos, 58, for Secretary of Education. The brazen assembly, short on time yet not lacking hope, was among one of many gatherings crisscrossing the nation. Since DeVos’s name first surfaced as President Trump’s nominee for Secretary of Education, a stubborn, nation-wide procession of feet has emerged in stride to protest what many fear is the beginning of the end of…

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