ecommerce
Are you familiar with these different types of B2C marketplaces?
Each one of us is able to name a few B2C marketplaces and we probably have already tried some to buy our favourite products. But do we know how they can be at the service of our businesses and our brands? Are we familiar with the different types of platforms?
G-III enters the race to buy Arcadia
The New York-based group G-III Apparel is said to have entered the race to acquire Arcadia and to be among the top four candidates (Next, Boohoo and American-based Authentic Brands). However, G-III has not yet publicly confirmed
UK: online sales growth hits 13-year high
Following an outstanding performance in November, online retail sales growth in December remained high at 37% Year-on-Year (YoY) growth. Online retail sales growth for the full year stands at 36% YoY, resulting in the highest annual growth since 2007
Asos sees UK sales climb by 36%
The UK-based marketplace ASOS, home to 900+ small businesses, has announced a trading update for the four months ended on the 31st December 2020 with revenue growth ”surpassing expectations”
Wolverine enters 2021 with 2 exec moves
Following up from Mike Jeppesen retirement, Jim Zwiers steps into the role as President, Global Operations Group. Matt Blonder takes on the eCommerce leadership position
Gucci joins Alibaba's luxury e-commerce site
One of the key brands of the Kering group's portfolio, will open two stores on Alibaba's online trading platform, in a move that underlines the importance of the Chinese market for luxury brands heavily affected by the coronavirus crisis
Live shopping: a new business model
This format of video streaming commerce is becoming very popular, especially in China. Marketing companies want to take this digital strategy across borders, focusing on hitting the European and the US markets
Under Armour to sell The MyFitnessPal platform
The US-based branded athletic performance apparel, footwear and accessories, announced that it has entered into a definitive agreement to sell the MyFitnessPal platform to Francisco Partners
US shopping app downloads with a record of 2.8 million on Black Friday
According to preliminary estimates by Sensor Tower Store Intelligence, mobile shopping app installation hit a new single-day record on Black Friday, with around 2.8 million downloads, up by nearly 8% year over year
Zalando: co-CEO Rubin Ritter resigns
Rubin Ritter, co-CEO of the Germany-based online fashion company since 2010, will step down next year, leaving the leadership of the company on the hands of co-CEO's Robert Gentz and David Schneider. Ritter says he aims to back his wife’s career
Caleres: sales down by 18.3%
The US-based footwear group has announced results for its third quarter, marked by a decline of 18.3% in net sales. Declines registered in all segments, except for the online business
UK Retail: recovery starts to dissipate
The summer brought a breath of fresh air into the UK footwear market after the COVID-19 hit. After the collapse caused by the first wave of the pandemic, Textile, Clothing & Footwear (TCF) Retail Sales have been recovering from April through September. However, the second wave striking in October led TCF retail sales to the downside, closing now 18 pp in the red.
Nordstrom: digital sales account for 54% of total business
The company has announced third quarter results marked by declining net sales from last year. The expansion of some online services might have driven digital business, which now accounts for 54% of total
5th Vietnam Footwear Summit 2020 will be Held in Ho Chi Minh
Changing supply chain of global footwear industry in the era of COVID-19 and impact of trade policies will be on focus on the Summit to be held, both online and offline, in December
China’s Singles Day: Nike reaches record sales in just 60 seconds
Within one minute of Alibaba’s Tmall opening for the first phase of China’s Singles’ Day shopping festival Nike’s turnover surpassed the 100 million renminbi (roughly 12.8 million euros or 15.1 million USD) mark-
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