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According to Arvind Singhal, Chairman of Technopak Advisors, e-commerce contributes to just 1 percent of the total fashion retail market, worth $50 billion [approximately]. Thanks to the changing customer mindset, technological developments, and newer business models, the fashion sector has been e-commerce’s star performer in 2016. YourStory finds out more. The customer is changing with the times. Fashionable trend-focused products, not just basic ones, now sell better. For example, off-shoulder dresses [for autumn-winter] brought more than 25 percent of FabAlley’s revenue in the last three months. Also, discounts are not a priority anymore. Shivani Poddar, Co-founder of FabAlley, says, “Earlier, the customer was price-conscious. Now, the value proposition is more important.” Rashi Menda, CEO of Zapyle, agrees. “Both young girls and women are also very stylistically inclined.
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Nine people received medical treatment after all 151 passengers were evacuated from the Airbus 319 aircraft using emergency slides. The pilot diverted the flight from Ljubljana to Cologne on Saturday evening after passengers reported that the men were talking about "terrorist matters", police and state prosecutors said in a joint statement. Bild newspaper quoted a spokesman for the German federal police as saying the pilot decided to land the aircraft in Cologne after passengers told airline personnel they had heard the men using words including "bomb" and "explosive". The men were aged 31, 38 and 48, a spokesman for Cologne police said. Bild newspaper said the men worked for a London company and were returning to London after a business trip. A backpack that belonged to the men was examined and destroyed in a controlled explosion by authorities but no dangerous contents or explosives were found in the bag or on board the aircraft, a police spokesman said. Police and prosecutors had said they were investigating a suspicion that the men were preparing to carry out, "a serious violent crime that could have jeopardized the state". On Sunday, the police spokesman said it was unclear if any charges would be brought against the men. The airport spokeswoman said air traffic had returned to normal after a three-hour interruption on Saturday evening.