ecommerce
Despite losses Farfetch congratulates fantastic quarter
The luxury e-commerce giant focused on several encouraging indicators when announcing the quarter results, but Farfetch continues to present an increasing net loss
adidas launches sneaker through Snapchat video game
For the release of its new baseball cleat the Germany-based sportswear giant has created a video game and partnered with Snapchat
Allbirds to expand footprint
Online shoe brand Allbirds plans to more than double its store network in 2020. The brand says it cannot ignore most sales take place in the brick and mortar arena
Tapestry with strategic alliance with Alibaba’s Tmall
The New York-based luxury house will be one of the first companies to collaborate with Tmall in adopting the recently unveiled Flagship Store 2.0, beginning later this month
Online retail in the UK to reach 53% by 2028
A new report by Retail Economics* and commissioned by law firm Womble Bond Dickinson (WBD) reveals that online shopping in the UK will account for more than 50% of retail sales over the next ten years
Asos to reduce staff
The British-based online retailer is said to be on the verge of implementing a plan to reduce its workforce, as reported by the Sunday Times a few days ago. The cuts should be made at headquarters in London
48 hours Prime Day at Amazon
The giant ecommerce player announced its longest Prime Day ever for this July
Thomas G Bata: You have to get the priorities right
Watch the interview to learn a bit more about the current trends of the footwear industry according to the views of Thomas G Bata, from the Bata Group
Facebook reveals its Libra cryptocurrency
Libra was announced as a low-volatility cryptocurrency, powered by a smart contract platform that’s designed to be secure, scalable, and reliable. The cryptocurrency is governed by non-profit Libra Association based in Geneva
Stein Mart to install Amazon pick-up lockers
Amazon customers will soon be able to receive delivery of their orders at nearly 200 Stein Mart stores across 28 states. The giant ecommerce player has been focusing on some similar initiatives
US: online sales grow by 16.5% in the holiday season
According to the Adobe Digital Insights Holiday Recap 2018, 126 billion US dollars were spent online this holiday season in the US, which represents an increase of 16.5% year-over-year
Kyaia invests in digital platform
Overcube is the name of the new project of the Kyaia group, the largest footwear group in Portugal
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