All Amazon articles
-
News briefs
Nike veteran to lead Amazon's live sports marketing
Marc Patrick has been appointed global head of sports marketing for Amazon Prime Video . Patrick, who was most recently senior vice-president of marketing at Beyond Meat , previously spent two decades at Nike , where he served as head of brand marketing for golf, tennis, baseball, athletic training, ...
-
News briefs
Amazon’s sales grew by 44% in Q1
Beating estimates, Amazon ’s net sales jumped by 44 percent to $108.5 billion in the first quarter, driven by the ongoing online shopping boom caused by the Covid pandemic. Excluding a $2.1 billion favorable impact from changes in foreign exchange rates during the quarter, the revenue increase was limited at ...
-
Article
Wildberries and Amazon enter new countries in Europe
Russia’s biggest online retailer, Wildberries , has started to operate in France, Italy and Spain, with dedicated sites and mobile apps tailored to the local markets, the company has said in a statement. It has been operating in Germany since January. The company currently offers about four million items ...
-
Article
Some internet platforms will have a harder time in Germany
German authorities have passed an amendment to the German Competition Act, published in the Federal Gazette on Jan. 19, that will allow the country’s strong Federal Cartel Office (FCO) to ban large internet platforms like Amazon from engaging in certain types of conduct much earlier than before. The ...
-
ArticleBezos hands over leadership of Amazon
In the third quarter of this year, Jeff Bezos will hand over the operational role of CEO at Amazon to Andy Jassy , the head of the company’s cloud business, Amazon Web Services ( AWS ). Amazon made the announcement on Feb. 2 after the company ...
-
News briefs
Jeff Bezos and Phil Knight made the largest donations in the U.S. in 2020
According to the annual list of top donations in The Chronicle of Philanthropy , Jeff Bezos made the single-largest charitable donation in 2020. The $10 billion gift by the Amazon founder and CEO, which was announced in February, contributed to launch the Bezos Earth Fund , an initiative ...
-
Article
Fesi welcomes the EU’s new Digital Services Act, but wants more
The European Commission has adopted its long-awaited Digital Services Act (DSA), indicating that it is intended to “create a safer digital space in which the fundamental rights of all users of digital services are protected.” The European Federation of the Sporting Goods Industry ( Fesi ) said it welcomes ...
-
News briefs
Amazon launches its IP Accelerator in Europe
Amazon has launched its Intellectual Property Accelerator (IP Accelerator) in France, Germany, Italy, Spain, the Netherlands and the U.K. A version of it has been operational in the U.S. since 2019. The stated purpose is to connect small and medium-size enterprises (SMEs) with a “curated network” of European ...
-
Article
EU estimates that Amazon broke competition rules
The European Commission believes that Amazon violated competition rules by unfairly benefiting from non-public data on independent sellers who use its marketplace, it said in its preliminary findings from an antitrust investigation it has been conducting against the American e-commerce giant since last year. The European Union’s executive body ...
-
Article
Amazon posts 37% higher sales, net profit triples
Amazon said that its sales in the third quarter grew by 37 percent to $96.1 billion. They were boosted by booming online transactions during the coronavirus crisis worldwide, which prevented or discouraged shoppers from purchasing in physical stores. Excluding a $691 million favorable impact from year-over-year changes in foreign ...
-
News briefs
Decathlon plans to launch its marketplace in France and other countries
According to reports by sport-guide.com and other media , Decathlon is planning to test the possible launch of a marketplace in France by the end of this year. It would be part of a project that would also be implemented sooner or later in Germany, Spain, Italy, ...
-
Article
New Amazon probe by the German Cartel Office
The German Cartel Office has reportedly opened yet another investigation into the practices of Amazon , this time looking into complaints that the giant e-tailer has entered into exclusive agreements with certain suppliers that prevent other retailers from selling certain branded products. As an example of this behavior, the ...
-
Article
Amazon starts ups in Sweden, with some glitches
Amazon ’s dedicated platform for the Swedish market, Amazon.se is now live, but observers pointed to some embarassing bugs including translation mistakes, which resulted in some offensive or embarassing words used in product descriptions (e.g. valdakt instread of rapt for a plant), and picking the Argentinian flag instead of ...
-
News briefs
AS Monaco launches its branded store on Amazon
AS Monaco , the football club that competes in France’s Ligue 1, has announced the launch of its official e-store on Amazon . The club portal will be available to customers in France as well as other European countries, including Italy, Spain, the U.K. and Germany. The agreement makes AS ...
-
Article
Analysis: The 10 major European sports retailers online
The online retail business in the sporting goods sector has been growing stronger and stronger in recent years, and it has been accelerating during and after the first wave of the coronavirus pandemic. New business models and start-ups have disrupted classic sales channels. Players with strong roots in technology, data and innovation have been taking an increasing share of the market, profiting from deep consumer insights and trends. But brand awareness, people, careers and leadership are still playing a strong role in the success of any venture, as many of the examined companies stress on their B2B websites.
-
News briefs
Ongoing growth for wearable devices
Despite the Covid-19 pandemic, which created bottlenecks along the supply chain, the global wearables market is expected to grow by 14.5 percent to 396.0 million units in 2020 in terms of deliveries, and to continue to increase at a compound average annual rate (CAGR) of 12.4 percent through 2024, according ...
-
Article
Amazon’s European chief is stepping down
Xavier Garambois, who has been running Amazon ’s European retail operations for the past eight years, is leaving the company. According to The Telegraph, he will be replaced by Jorrit Van der Meulen , Amazon’s vice president for Europe, who has also been in charge of Amazon Devices ...
-
Article
Amazon is entering the Nordics
Confirming plans to set up its seventh European website in Sweden in time for Christmas shopping, Amazon has posted a job advertisement for a manager who would also be responsible for Norway, Denmark and Finland. Until now, Swedish consumers and companies have only had access to the other European Amazon ...
-
Article
New P2B regulation for a fair platform business
On July 12, 2020, a new Platform-to-Business Regulation (P2B) came into force in the European Union to ensure more transparency and fair competition from internet marketplaces and online platforms. One of the reasons for the new quidelines is that the business of the affiliated retailers is largely dependent on ...
-
News briefs
Amazon steps up its fight against fakes
Amazon has announced the creation of a new Counterfeit Crimes Unit , a global, multi-disciplinary team composed of former federal prosecutors, experienced investigators and data analysts. The new unit is dedicated to “bringing counterfeiters that violate the law and Amazon’s policies by listing counterfeit products in its store to ...
