Amazon India has already interviewed people from online fashion retailers Jabong and Myntra and is still looking out for a person to head the business.
Nitin Chhabra, CEO at ecommerce consultancy firm Ace Turtle, has claimed that private labels yield increased margins to retailers (55% – 65%). In the US, Amazon sells products under its private brand labels. Pinzon is an Amazon private brand of towels and bed-sheets and batteries USB cords, laptop bags among others come under Amazon Basics.
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