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Strategy

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Strategy

Why Sulekha's tech rejig is not enough to keep it relevant among dedicated-category specialists

Sulekha with its focus on white-collar services market is trying to be an indispensable part of an SME’s business-acquisition journey. However, specialised platforms are emerging parallelly, which promise better deal to enlisted vendors. While Sulekha’s tech revamp has brought down the losses, it may not be novel enough to keep businesses coming back to the platform.

Strategy

Arvind Fashions wants to dominate casual wear. It needs more brands like Arrow, Calvin Klein.

Arvind Fashions was carved out of Arvind Ltd last year and listed to unlock business value, but the fashion-brand retailer’s operational and market performance has lagged ever since. The company has well-known brands such as Arrow and Calvin Klein in its portfolio, but needs to find more winners as it takes on rivals Reliance Retail and Madura Fashion & Lifestyle.

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