ecommerce
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Asos embarks on reorganization under new CEO's leadership
In the process of introducing a new business model focused on increasing flexibility within its logistics and reducing costs, Asos is writing off up to 130 million British pounds (150 million euros) of stock
Join the 7th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. We want to hear you!
France Retail: news are not uplifting footwear retail
The Footwear Retail Sales Index (by BdF) reached in July its lower score in thirteen months in a row, and data from imports from the same month which will most likely make importers revise their decisions to the downside after the increasing value available for june. Despite a slight relief in consumer confidence in August due to Governmental aid, the increase in prices left little space in the wallet for discretionary footwear purchases. Meanwhile, online retail seems to have gained about 50 percentage points in 30 months in France, but data does not allow us yet to conclude whether the footwear segment shares this performance
GOAT Group acquires resale platform Grailed
The marketplace group has acquired Grailed, the resale platform for men's luxury, streetwear, and vintage fashion. This move will enable GOAT to accelerate its apparel and accessories categories' growth
Zalando and Nike strengthen long-term partnership
The German-based online retailer announced a new step in its strategic partnership with Nike with the introduction of a new membership programme in ten European countries
Brazil: e-commerce represents 30% of the sales of the footwear industry
The statement comes from the Brazilian Footwear Industries Association (Abicalçados) and is the reflection of an increase in online sales, which was fuelled by the pandemic and the subsequent lockdowns
US holiday sales to grow at a slower pace
Due to inflation, US holiday retail sales are likely to increase in the 2022-2033 holiday season at a slower pace than last year. E-commerce might be an opportunity as consumers try to maximize their spending
Farfetch posts GMV and revenue growth
Following the acquisition of a 47.5% stake in YOOX Net-A-Porter (YNAP), part of Richemont's group, the luxury online retailer announced results for the second quarter of fiscal 2022
Amazon's carbon emissions grew in 2021
The online retail giant reported an 18% increase year-over-year in planet-warming carbon emissions last year due to the surge in online sales during the COVID-19 pandemic
Zalando confirms full year outlook
As it continues to grow its customer base amidst a challenging macroeconomic environment, the Germany-based online retailer reported expecting to return to growth in the second half of 2022
Sebastian Öhrn (Myrqvist): companies are moving towards more ownership of their brands and products
Today we talk with Sebastian Öhrn, founder of the brand Myrqvist. After organising a successful Kickstarter campaign, Sebastian created a business where we decided to cut out middlemen and sell its shoes directly to customers online and via a flagship store in Stockholm
Amazon announces second quarter results
The Seattle-based online retail giant reported its second consecutive quarterly loss, but revenue was above analysts' expectations
Hotter Shoes owner raises funding
The Unbound Group announced that it has raised a gross 3.3 million British pounds (3.93 million euros) in the placing and subscription of 20.8 million new shares to boost its growth strategy-
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