Home / Knowledge / News / Fashion / Arvind's fashion portal targets 10-15% business
Arvind's fashion portal targets 10-15% business
26
May '16
Courtesy: Arvind
Courtesy: Arvind
Textile manufacturer Arvind Limited's e-commerce division Arvind Internet which has launched its omni-channel fashion portal NNNow.Com, expects to mop up 10-15 per cent of its business from online sales in the next three to five years, a top company executive has said.

Arvind also expects to double its revenues by 2020 to become a $1 billion (around Rs 6,700 crore) company, Kulin Lalbhai, Executive Director, Arvind Limited told a news agency.

The company expects to integrate all its 1,200 offline stores across its 35 brands by the middle of this fiscal.

Lalbhai said the company is integrating 100-150 stores every month and by the middle of this fiscal its entire offline stores would be digitised and live.

The company will follow a top-down model while integrating stores, covering the top 15 cities first.

NNNow.Com will integrate online and in-store shopping with same-day hyper-local delivery, store pick-ups for online orders, same-day hassle free returns at stores and India-wide inventory access to customers, the report said.

Besides its own brands, NNNow.Com has entered into third-party tie-ups with more than two dozen brands to sell their products on their portal. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search