Walmart-owned Flipkart buys stake in offline retailer USPL to grow its fashion category

Walmart-owned Flipkart buys stake in offline retailer USPL to grow its fashion category

FlipKart//Pixr8

Flipkart Group on Thursday announced buying equity stake in Universal Sportsbiz Private Ltd. (USPL), which owns youth fashion brands such as Wrogn, Ms.Taken and Single, as the e-tailer looks to strengthen its fashion portfolio.