close
Yepme, India's first online fashion brand showcases its Private Label Men's Apparel, Footwear and Accessories collection

Yepme, India's first online fashion brand showcases its Private Label Men's Apparel, Footwear and Accessories collection

Indian e commerce market comes of age, targets high margin & large topline opportunity in Private Label fashion brand.

PR Newswire

NEW DELHI, Aug. 15, 2011 /PRNewswire/ -- Indian e commerce markets are seeing big ticket deals, with some of the businesses seeking investment at $ 1 Billion valuation. Despite Indian internet usage, with third largest number of Facebook users in the world just ahead of UK, India still remains a small retail e commerce market due to the twin effects of low margin in the branded electronics market coupled with only end of life cycle / previous season / knock offs available for well known offline brands on most Retail e commerce sites.

Indian retail e commerce businesses are now seeking to move up the value chain by getting into high margin and large volume play of private label fashion brand.

Yepme, India's first online fashion brand showcased its Private Label men's apparel, footwear and accessories collection at F-bar, The Ashok Hotel in New Delhi. The collection featured Yepme's in vogue range of formals, casuals, outdoor and party wear. "Dress by Occasion" was the official theme for the show featuring India's leading model cum actors and eminent personalities from the Indian Film industry including Dino Morea, Rahul Dev, Rajneesh Duggal and Shawar ali as the showstoppers for each occasion.

The Yepme menswear range is a culmination of Fit, Fashion and Fabric, the ideal brand that understands and delivers fashion for the confident, young urban male. The range presented in the show was targeted towards the brand conscious 'Alpha male', constantly seeking peer appreciation. The collection befits the growing generation of individuals who carry a keen sense of what, when and how to wear.

Speaking of the brand, Mr. Gaur, CEO : Yepme.com, said, "Most leading Indian offline fashion brands have under 100 standalone outlets. Even multi-brand outlets have only 1,000 stores serving a country of 1 Billion, with over 350 Million living in Urban India (a larger than US population). With the reach of the internet, the online brand Yepme will have the capability to reach to all Indians, even those with no access to an online payment facility, as Yepme offers Cash of Delivery. In Cash of Delivery the customer pays the courier company at the time of parcel delivery. Yepme has s 30-day no fuss returns policy.

"This is a huge untapped market with Yepme getting first mover advantage. Yepme has recently raised Series A investments with Helion Venture Partners and is planning aggressive growth in the current year. As for the products, we promise a lifelong affair with the Yepme brand in your wardrobe. Because we don't just sell great merchandise, we create experiences, and craft memories. Yepme.com is a new age e-commerce website currently focusing on men's apparel, footwear & accessories. We are planning to grow our customer base by adopting integrated online marketing strategies, and in the process, enhance the e-retailing concept in India."

Yepme – A brand of VAS Data Services is founded by alumni of reputed Indian Business and Technology Schools including IIMs (Indian Institute of Management) and IITs (Indian Institute of Technology). The leadership has been associated with organizations like Unilever, Accenture, SBI Caps, HCL Technologies, HT Media, Living Media, Shoppers Stop, Pantaloon and Reliance Trends holding key profiles in the past.

Founder and Chief Operating Officer, Sandeep Sharma has domain expertise in enterprise resource planning. CEO, Vivek Gaur is a veteran in the e-commerce and online merchandising space, and President, Anand Jadhav is a merchandising and supply chain expert.

Holding technology as its prime catalyst, the online portal www.yepme.com works on integrated web technology, ensuring a single window flow from order to final dispatch. It has integrated advanced and highly user friendly facilities like 'Virtual Dressing Room' where users can try the merchandise before moving onto actual purchase. This technological edge lends the company a unique tool that sets it ahead of the competition and ensures an outstanding user experience.

Contact:
Vivek Gaur
+911244929100
Vivek.gaur@vasdata.com

SOURCE Yepme



Feed from BusinessWire

CG announces Q4 results. Reports Strong Sales and Solid Order Intake
Source: Crompton Greaves Ltd (Business Wire India) On: 24th May, 19:03

Boehringer Ingelheim and Eli Lilly & Company launch type 2 diabetes educational game, “Complications Combat”
Source: Business Wire (Business Wire India) On: 24th May, 18:00

Lex Witness presents IT Legal Summit 2013
Source: LexWitness (Business Wire India) On: 24th May, 17:31

MICE and Luxury Travel a Big Business in India
Source: QnA International (Business Wire India) On: 24th May, 16:20

SMG Convonix Launches ‘No-Touch Interactive Banner’ for Samsung Galaxy S4
Source: SMG Convonix (Business Wire India) On: 24th May, 16:00

Gabriel India’s Obsession with Quality Earns it Accolades in the FICCI Quality Systems Excellence Awards for 2012 for Manufacturing, a Second Time in a Row
Source: Gabriel India Ltd (Business Wire India) On: 24th May, 15:40

ACE Receives Regulatory Approval for Myanmar Representative Office
Source: Business Wire (Business Wire India) On: 24th May, 11:31

MEF: Industry Moves to Enhance Ethernet for the Cloud
Source: Business Wire (Business Wire India) On: 24th May, 11:00

Taro Provides Results Year Ended March 31, 2013
Source: Business Wire (Business Wire India) On: 24th May, 10:35

MEF Launches Service Operations Committee to Improve Ethernet Processes
Source: Business Wire (Business Wire India) On: 24th May, 10:11


Older Headlines

Feed from PR Newswire

Talent Flush Unveils the Worldwide Stage for Carving Talents
Source: Talent Flush Creations Pvt Ltd On: 24th May, 10:00 AM

PBAC Approves XIFAXAN® (Rifaxamin α) 550 mg Cost Effectiveness in Australia
Source: Norgine On: 24th May, 06:00 AM

The Veuve Clicquot and Ferrari Art of Living Leads to an Exclusive Global and International Partnership
Source: Veuve Clicquot Ponsardin On: 24th May, 04:15 AM

HP\'s New MFPs Deliver Increased Productivity With Reduced Costs
Source: Hewlett-Packard On: 24th May, 02:07 AM

Milnaa.com Re-launches as India's Premier Communications, Media and Entertainment Destination
Source: Milnaa Inc. On: 23rd May, 12:00 PM

Press Statement on Behalf of the Singh Family (The Former Shareholders and Founders of Ranbaxy)
Source: The Press Office of the Singh family On: 23rd May, 10:26 AM

Dana Expands Joint Venture with Jayant Group in India to Include Heat Exchange Technologies
Source: Dana Holding Corporation On: 23rd May, 09:15 AM

TeamDrive Named a "Cool Vendor in Privacy" by Gartner
Source: TeamDrive Systems GmbH On: 23rd May, 08:57 AM

Quatrro Recognized as a "Leader" in the IAOP 2013 Global Outsourcing 100
Source: Quatrro Global Services Pvt Ltd On: 23rd May, 08:00 AM

HSBC is First Bank Live on \'Game-changing\' NACH System
Source: The Hongkong and Shanghai Banking Corporation Ltd On: 23rd May, 07:08 AM


Older Headlines
Moneylife Magazine

Dear Visitor,

Those who have read Moneylife once have been hooked by its unique combination of penetrating research, independent opinion, choice of topics and our consistent pro-consumer and pro-investor stance, which no other publication takes. For a sample of reader responses, see below. If you are new to the site, you have a chance to taste Moneylife free for three issues. We do a lucky draw once a few days to select the lucky winners. So try your hand and get hooked!

Debashis Basu
Editor & Publisher, Moneylife Magazine

Congratulations to
Mahendra Dharod the lucky winner. You will receive a free Moneylife subscription for three issues.

 

Register for a Lucky Draw
 
First Name
Last Name
Address
Email
Security Code secure code
  Not readable? Change text.
  Submit
 

 

What's your say?

Should the BCCI be brought under the ambit of RTI Act for bringing more transparency?
Yes
No
Can't Say
 
Enter Code : secure code
    change code
VOTE

What you said

Are KYC norms applicable only for genuine customers?

Thanks for casting your votes! View Previous Polls

Join 22, 000 Others

Membership Benefits
  • Daily & Weekly newsletters
  • Access to www.moneylife.in to comment, create alerts
  • Your own profile in Moneylife.in
  • All special mailers
  • Basic membership to MSSN, our new initiative
  • Free ebooks
  • Invitation to events
  • Invitation to round-table meets
  • Access to Insurance helpline
  • Access to counselling sessions
  • Access to Reading room in Mumbai