Company News
Urban Ladder Wants to Raise $40medit
For pioneering online furniture retailer Urban Ladder, future growth seems to lie in traditional brick-and-mortar stores. After securing a single-brand-retail trade licence last year, Urban Ladder opened six large-format stores in Bengaluru and Delhi-NCR that now contribute more than one-third of its overall revenue.
Publication: The Economic Times (Print)
Date: September 4, 2018
Competition and Industry News
A caterpillar poses serious threat to IKEA’s image in India: Here’s whyedit
IKEA recently launched its first ever store in India and now the Swedish furniture giant is dealing with a problem it never expected it would. Ikea’s biggest challenge in India is turning out to be a caterpillar in its biryani.
Publication: DNA (Online)
Date: September 3, 2018
IKEAPepperfry restarts COD option with Rs 50k limitedit
To keep up with its rivals, especially during the festive season, Pepperfry has restored the option of cash-on-delivery (COD) with a limit of Rs 50,000.
Publication: Financial Express (Online)
Date: September 4, 2018
Pepperfry