Is Myntra an independent firm? Will Flipkart ever go for an IPO?
A curious crowd of more than 500 team members of Walmart’s fashion firm Myntra asked Judith McKenna, president and chief executive officer (CEO) of Walmart International, about the global retailer’s plans for the company. After Walmart president and CEO Doug McMillon’s visit to Flipkart a few weeks ago, McKenna has made her way to Bengaluru in a move to not only assess the progress made by the fashion business, but also show the team of Walmart’s confidence in the senior leadership at Flipkart and Myntra, sources said.
A curious crowd of more than 500 team members of Walmart’s fashion firm Myntra asked Judith McKenna, president and chief executive officer (CEO) of Walmart International, about the global retailer’s plans for the company. After Walmart president and CEO Doug McMillon’s visit to Flipkart a few weeks ago, McKenna has made her way to Bengaluru in a move to not only assess the progress made by the fashion business, but also show the team of Walmart’s confidence in the senior leadership at Flipkart and Myntra, sources said.