Tag: Myntra
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Flipkart Owned Myntra Buys Majority Stake In Hrithik Roshan’s Brand HRX
In a statement by Myntra, the Flipkart-owned company has acquired majority stake in HRX, the active lifestyle brand co-owned by Bollywood actor Hrithik Roshan, and Exceed Entertainment. While the financial details of the transaction are not disclosed, sources familiar with the development said Myntra acquired a 51% stake. In an emailed statement, Myntra said: “Myntra…
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Myntra Takes U-Turn; Relaunches Its Desktop Website
E-commerce website Myntra, which opted for the app-only model last year has finally made a comeback with its desktop website. The Flipkart-owned company had embraced the app-only model and shut down its desktop and mobile websites in May 2015. However, it later brought back its mobile website for some sections with the option to purchase…