Latest News Briefs – Page 5
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News briefsAlibaba partners with CommerceHub to support European expansion
Miravia, a Spanish marketplace that is part of Chinese group Alibaba, is partnering with CommerceHub, a commerce network with headquarters in Latham, New York. The partnership involves integrating CommerceHub’s e-commerce platform with Miravia’s operations. CommerceHub connects more than 40,000 retailers and brands globally, transacts around $50 billion in gross merchandise ...
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News briefsJD Sports hits landmark number of stores
JD Sports has opened its 400th store in the UK, with a new location at Kingsway Retail Park, Derby. In Feb. of this year, JD Sports Fashion revealed plans to grow its revenues and margins by double digits over the next five years, including a rapid store expansion, under a ...
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News briefsLatest 3D-printed performance shoe unveiled
Asics has once again partnered with 3D printing company LuxCreo to launch the second generation of its Actibreeze Hybrid Sandal. The performance sandal is designed for runners during rest and recovery periods and is the third footwear product from the successful partnership between LuxCreo and Asics. The ...
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News briefsFarfetch hires Amazon exec as new CFO
Tim Stone, who spent more than 20 years in senior finance roles at Amazon.com, will join the London-based Internet platform for luxury goods Farfetch Limited on Sept. 1 as the group’s new CFO. He will replace Elliot Jordan, who announced his departure from the luxury fashion company in February.
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News briefsAmazon’s Marketplace remedies satisfy UK regulators
The Competition and Markets Authority (CMA), the British competition watchdog, said the offer from Amazon to change the way it treats third-party sellers using its Marketplace platform in the UK addressed its competition concerns. “The CMA’s preliminary view is that the offer from Amazon addresses its competition concerns, and ...
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News briefsBank engages in financed e-commerce
Gupo Kutxabank – born in 2012 from the merger of BBK, Kutxa and Vital, three banks in Spain’s Basque Country – has launched an online shop of goods and services for its customers, TradeSport reports. Kutxabankstore, as the service is called, divides its offering into six sections: technology, mobility, household, ...
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News briefsSmart wearables and navigation app announce partnership
Smart wearables brand Amazfit, owned by Zepp Health, is now offering routing and navigation connectivity with the popular outdoor activities app Komoot. Amazfit’s proprietary operating system, the Zepp OS, already enables supporting smartwatches to connect to external apps such as Adidas Running, Strava, Relive, Apple Health or Google Fit. ...
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News briefsDecathlon rolling out virtual try-ons
Decathlon has introduced a tool to help online customers select a size for the garments they order. Although there have been no official announcements from the company, its global Chief Digital Officer, Jerome Dubreuil, has described the tool in a LinkedIn post – as Retail Technology Innovation Hub has discovered. ...
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News briefsFoot Locker to enter Thailand in September
Foot Locker is set to open its first brick-and-mortar store in Thailand in September. The exact opening date has yet to be announced. The store will be located inside the Siam Center shopping mall in Bangkok. Thailand will be Foot Locker’s fifth market in the Southeast Asian region, adding to ...
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News briefsUnder Armour opens Brand House on Oxford Street
Under Armour has unveiled its latest Brand House on London’s iconic Oxford Street, a significant milestone in its European growth plan, according to the Baltimore, Maryland-based company. The Oxford Street location, which opened July 20, is the latest in a string of successful Brand House openings after Westfield Stratford, Battersea ...
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News briefsNike battles online counterfeiters, trademark infringers
Nike is attempting to combat e-commerce sellers on global platforms who continue to sell unauthorized and unlicensed Swoosh merchandise using counterfeit and infringing versions of the company’s federally registered trademarks. Last week in U.S. federal court for the Northern District of Illinois, Eastern Division, Nike filed its latest complaint against ...
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News briefsGlobal demand for “Made in China” increases on Alibaba.com
Chinese online wholesale marketplace Alibaba.com reported on its blog that cross-border demand for “Made in China” goods on its platform rose 33 percent year-on-year in the first half of 2023. Cross-border trade with Europe and the United States partially recovered through Alibaba.com between January and June, supporting continued rapid growth ...
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News briefsAbout You, Yoox Net-A-Porter and Zalando expand their “Fashion Leap for Climate” platform
On the second year of their collaboration, About You, Yoox Net-A-Porter and Zalando are expanding their co-created “Fashion Leap for Climate” climate learning platform. The three online retailers have extended invitations to 250 of their brand partners, up from 55 brands who took part in the first year of the ...
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News briefsFútbol Emotion on track for record year
Fútbol Emotion’s football, e-commerce and team-sports divisions have together achieved year-on-year growth of 70 percent for the first half of 2023, according to CMDsport’s sources within the company. Annual sales have risen from about €34 million in 2021 to €50 million in 2022. For the current year, the company is ...
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News briefsSSU adds former Accell Group CEO to board of directors
Signa Sports United N.V. (SSU), an NYSE-listed sports e-commerce company with businesses in cycling, tennis, outdoor and team sports, announced the appointment of Anthonie Anbeek to its board of directors, effective April 1, 2024. Anbeek, an experienced consumer products and cycling executive who most recently served as CEO of bicycle ...
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News briefsAn online course on AI for footwear
Footwearology, the self-described “only academy for footwear professionals” with operations in Barcelona, has introduced a course called “AI for Footwear.” Taught by Nicoline van Enter, one of the founders of Footwearology and Footwearology Lab, the course is designed for managers seeking an understanding of AI as well as for designers ...
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News briefsZalando introduces size recommendations based on customers’ body measurements
The online shopping platform Zalando has introduced a new tool allowing customers to receive size recommendations based on their body measurements. Taking two photos with a smartphone in tight-fitting clothes is enough to determine body measurements and help customers find the right fit for their next purchase. This is an ...
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News briefs11teamsports acquires Kickz
11teamsports, one of Europe’s leading team sports specialists for products and team services, has acquired basketball and streetwear retailer Kickz. Kickz was founded in Munich in 1993 and is a multi-brand retailer specializing in basketball and sneakers. Zalando purchased Kickz in 2017 and sold it in late 2019 to Play ...
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News briefsFootway continues to lose in Q2, Scandinavian market remains difficult
As reported by ehandel.se, the Swedish e-commerce company Footway posted net sales of SEK 240 million (€20.9m) in Q2 of this year, down 15 percent from SEK 283 million (€24.7m) in the same period last year. Just like in the previous quarter, the loss was owed to negative performance in ...
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News briefsOnline boost at Forum Sport for first five months
Forum Sport, which operates under the Forum Sport and Dooers banners, generated a 5 percent year-on-year rise in sales during the first five months of its current financial year, running from Feb. 1 to June 30. Speaking with CMDsport, the Spanish retailer’s Chief Executive, Diego Llorente, has attributed the near ...
