All Amazon articles

  • News briefs

    Nike veteran to lead Amazon's live sports marketing

    2021-05-03T17:02:00Z

    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, ...

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    Amazon’s sales grew by 44% in Q1

    2021-04-30T17:15:00Z

    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

    2021-03-03T20:41:00Z

    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

    2021-02-15T17:08:00Z

    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 ...

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    Bezos hands over leadership of Amazon

    2021-02-03T14:47:00Z

    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 ...

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    Jeff Bezos and Phil Knight made the largest donations in the U.S. in 2020

    2021-01-06T16:50:00Z

    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

    2020-12-16T18:20:00Z

    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

    2020-11-26T15:47:00Z

    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 ...

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    EU estimates that Amazon broke competition rules

    2020-11-12T08:58:00Z

    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 ...

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    Article

    Amazon posts 37% higher sales, net profit triples

    2020-11-01T19:50:00Z

    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

    2020-10-30T17:06:00Z

    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

    2020-10-29T17:18:00Z

    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

    2020-10-28T12:14:00Z

    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

    2020-10-26T18:18:00Z

    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 ...

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    Analysis: The 10 major European sports retailers online

    2020-10-15T17:08:00Z

    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

    2020-09-29T15:50:00Z

    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 ...

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    Article

    Amazon’s European chief is stepping down

    2020-09-07T17:02:00Z

    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 ...

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    Article

    Amazon is entering the Nordics

    2020-08-07T10:02:00Z

    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

    2020-07-15T16:15:00Z

    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

    2020-06-26T09:42:00Z

    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 ...