American online retailer Amazon struggled for years to get a breakthrough in fashion, but it seems to have made strides in the sector lately. One of the reasons for that improvement is Amazon's promise to not only sell the clothing at a lower price.
Starting 1 May, American internet giant Amazon intends to use a distribution center in Berlin' to deliver packages within two hours after the order is made. The goal is to increase its German market share, which is currently at 25 %.
American online retailer Amazon seeks to obtain a patent for 'pay-by-selfie', which allows customers to pay for online orders with a smartphone selfie. One of Amazon's other patents is a one-click purchase.
Amazon is almost ready for its second Amazon Books store, in San Diego, after the first opened in Seattle. The second store of its intended book store chain will be located in the Westfield UTC shopping center.
Without anyone knowing, online retailer Amazon launched several of its private fahion labels. The company has been trying to build a team that should handle its own fashion labels, but it now seems several of those have already been found online.
Frances Russell, former head of Marks & Spencer's women's clothing, will join Amazon, intensifyingrumours about the American online giant's intentions to enter the fashion market with its own clothing line.
Jacques-Antoine Granjon, CEO and founder of French Vente-privée.com, believes Amazon will destroy classic distributors like Carrefour. It will compete these distributors into the ground and make them disappear.
Yesterday, rumours surfaced that Amazon had plans for a bookstore chain with up to 400 stores in the United States. A shopping mall manager confirmed the news, but he now takes back his previous statement.
Online retailer Amazon allegedly has plans to open a chain of bookstores. Currently, it has a bookstore in its hometown of Seattle, but there is chance it may open an astonishing 400 stores all across the United States.
In the fourth quarter, American online retailer Amazon has managed a record profit, but that was a lot lower than originally forecast. Turnover also grew a lot, but also failed to live up to expectations.