Fashion and lifestyle ecommerce portal FashionandYou is planning to expand its workforce by hiring 400 people this year across various sections in the company.
Pearl Uppal, CEO, FashionandYou.com,said, “We are strengthening our logistic centers to enhance efficiency in services and customer experience. The hiring is part of our ongoing effort. During this year we are looking to hire 400 people”.
The company which currently has a working force of 800, claims to have more than 3.6 million registered members on its portal who are potential customers of the company.
According to a recent report, the booming e-commerce space in India is likely to be the game changer for job market as online retailers have bullish hiring plans this financial year. The online retail segment is expected to report strong growth in the coming years owing to growing Internet consumer base thanks to increasing use of smartphones, laptops/PCs and availability of Internet in the remotest part of the country.
Pearl said that the company is looking at hiring people with a variety of skill sets such as technology, product, analytics, sourcing, general management talent, merchandising and marketing. “We have started hiring process which entails various rounds of interviews comprising 2 to 3 stages and are often covered within the day,” she added.
Since its launch in 2010, F&Y has grown its merchandise to cover 10 categories among which apparel sells the most. It has also launched kids and home fashion category.
According to a report by industry body Assocham, online retail segment is likely to be worth Rs 7,000 crore by 2015 due to rising broadband availability and increasing Internet penetration from Rs 2,000 crore at present. It is growing at an annual rate of 35 per cent.
Meanwhile the e-commerce sector is fast hiring the best talent available in the country and this placement season saw e-commerce companies recruiting big numbers at premier institutions like the Indian Institutes of Management (IIMs) and Indian Institute of Technology (IITs).
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