Retail News Round up

* After Amazon, Flipkart now Myntra to launch new marketplace in April.

* Sony India wont lay off Vaio staff: Kenichiro Hibi.

* Tesco India partner Trent hires former House of Fraser director Richard Wayment.

* Raymond signs MoU with West Bengal govt.

* Indian diamond market is a big disappointment for De Beers.

* Indian entrepreneurs cannot be treated as an escort service: Vikram Bakshi.

* Indian-origin ‘chicken king’ may cut thousands of UK jobs.

* 80 per cent people read reviews before selecting hotel.

* Toshiba plans to increase sales by 7-fold from India; to invest Rs 3,000 crore.

* Smartlink enters Tablet market, launches DIGITAB.

* Kajal drives cosmetic sales; kohl pencils star item for LOreal, Lakme, Colorbar.

* Ibibo sells online payment unit PayU India to Naspers.

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