E-Commerce and DTC – Page 17
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ArticleAmazon Marketplace reports significant growth in Germany
According to Amazon, small and medium-sized retailers in Germany sold around 750 million products via Amazon Marketplace in 2021. With a population of around 83 million people, that would amount to almost ten products per person. In 2020, the figure was still around 100 million products lower. According to Amazon’s ...
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ArticleE-Commerce: Secondhand marketplaces on the rise
Cross-border marketplaces are developing fast, and the C2C trend is one of the drivers.
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ArticleFanatics inks new deals with UEFA and ICC
Sports merchandise giant Fanatics has signed deals with UEFA and the International Cricket Council (ICC). UEFA and Fanatics have announced a long-term e-commerce, event retail and licensing deal, which the football governing body has described as “one of the most comprehensive sports merchandising partnerships in European football.” The national team ...
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News briefsAlibaba’s Tmall Luxury Pavilion enhances metaverse experience
Tmall Luxury Pavilion, the Alibaba luxury shopping platform, introduced a so-called Meta Pass and hosted an augmented reality fashion show in Shanghai. As Alibaba reported, Luxury executives tried on AR glasses, held a virtual item (such as a digital luxury bag), and placed it in a gift box. When they ...
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ArticleCross-border commerce publishes first online retail ranking
Providing an overview of the European fashion retail market in 2021, Cross-Border Commerce Europe has published a ranking of fashion retail online.
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SponsoredEnhance customer experience with a workout-based loyalty solution
How Stready’s loyalty solution supercharges engagement, loyalty and data with a workout-based loyalty solution.
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News briefsInstagram changes e-commerce strategy step by step
Meta, the parent company of Instagram and Facebook, has announced another change to Instagram’s e-commerce options. According to an internal memo quoted by The Information, it plans to remove the platform’s “Shopping” page due to “shifts in company priorities.” Instagram plans to pivot toward a less personalized version of the ...
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ArticleGymshark opens first brick-and-mortar store
Gymshark has announced it will open its previously announced flagship store on Regent Street in London on Oct. 1. This first-ever brick-and-mortar store for the British brand will span around 1,700 square meters and feature several other functions in addition to the sale of Gymshark products and apparel. For example, ...
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ArticleCanada Goose shows optimism about consumer demand
Canada Goose is optimistic that its fiscal 2023 income statement will not include any red figures, as its luxury consumer base remains relatively unfazed by the market’s current woes. At the Goldman Sachs Global Retailing Conference, the company said the North American market will remain very healthy in 2023, while ...
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News briefsOn partners with Trove to launch U.S. resale site and online exchange program
Swiss sportswear and athletic footwear brand On has launched Onward in the U.S., a new resale site and online exchange program powered by California-based brand e-commerce specialist Trove. The Onward program is an extension of On’s existing ESG initiatives, which focus on driving sustainability through innovation and promoting the circular ...
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ArticleVolumental announces 86% increase in revenue
Volumental, a Sweden-based global platform offering 3D foot scanners, announced that it has seen an 85 percent increase in revenue this year and scans half a million consumers’ feet per month. With poor fit being the most common reason for shoe returns, stores that have implemented Volumental’s foot scanning technology ...
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ArticleAlibaba wants to establish Lazada in Europe
Alibaba’s unit Lazada plans to enter the European market and take on its online rivals such as Amazon and Zalando. In an interview with Bloomberg News, Lazada’s CEO, James Dong, highlighted that Europe is a “very big market” and that ”for most of the European brands, their largest retail partner ...
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ArticleESG Report 2022: Alibaba reduces carbon footprint by 620,000 tons using renewable energy
Alibaba Group announced that it has saved 619,944 metric tons of carbon dioxide equivalents over the past 12 months by using clean energy sources to achieve its goal of carbon neutrality. That savings is equivalent to the amount of carbon dioxide generated by 12,915 U.S. households in a year, according ...
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News briefs
Amazon launches new seller service to solve supply chain challenges
As part of Amazon’s investment in its warehousing and distribution network to support sellers and improve customer service, the online marketplace has introduced a new solution that allows sellers to use new, purpose-built facilities for bulk inventory storage and automated distribution called Amazon Warehousing & Distribution (AWD). Amazon says AWD ...
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News briefsSports Direct’s owner wants to buy MySale
Frasers Group, the owner of Sports Direct, has made a cash offer for Australian off-price marketplace MySale, in which Frasers Group is already the largest shareholder. Frasers acquired a 28.7 percent stake in MySale earlier this summer, as reported by SGI Europe at the time. The retail group has now ...
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News briefsPeloton Interactive partners with Amazon
Peloton Interactive, weeks after announcing 800 layoffs and on the eve of its fourth-quarter earnings release, has a new distribution deal in place for its bike, guide, select accessories and apparel with Amazon in the U.S. News of the Peloton-Amazon partnership sent shares in the interactive fitness company up 18.5 ...
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Case StudyHow Nike is creating the “Digitally Connected Marketplace” of the future
Nike harassed e-commerce during the pandemic like never before. Now it is integrating digital and physical shopping outlets to create new consumer experiences.
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News briefsUnited Sports Brands chooses Nogin to optimize e-commerce performance
California-based United Sports Brands (USB) has agreed to a multi-brand Commerce-as-a-Service (CaaS) deal with Nogin, also based in California. CaaS is a cloud-based approach that allows brands and merchants to handle e-commerce while avoiding having to purchase, implement and manage the underlying infrastructure. As part of a three-year agreement, USB ...
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News briefs
Adidas with e-com-linked supermarket pop-up in Singapore
The Straits Times reports that Adidas has partnered with e-commerce platform Zalora, a leading Asian fashion online store, to launch a supermarket pop-up concept in Singapore. The pop-up at a local supermarket at the Bugis Junction shopping center on Victoria Street, which runs until Aug. 12, features exclusive Adidas items ...
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News briefsFacebook Live Shopping shuts down
Source: Meta / Facebook Effective Oct. 1, 2022, retailers will no longer be able to host new or planned live shopping events on Facebook, Meta announced in a blog post. Facebook Live can still be used to broadcast live events, but it will not be possible to ...
