French luxury group Richemont has seen its turnover increase by 12 % in the first quarter of the current financial year, as its online activities grew spectacularly.
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This past Prime Day was the most successful one yet for Amazon – keeping in mind the 'tradition' is still young. The hype surrounding it also gave a boost to its main competitors in e-commerce, however.
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European Commissioner Margarethe Vestager is opening an official inquest into Amazon, which she believes is treating the sellers on its platform unfairly.
Pop star Lady Gaga will launch her own beauty brand, called Haus Laboratories, exclusively for Amazon. Starting from September, the label will be for sale in nine countries.
Tmall, the online platform for Western Alibaba brands, is updating the look of its virtual shops. The new concept, Flagship Store 2.0, offers more personalisation, brand experience and augmented reality.
Carrefour is rolling out two new online services. Within the domestic market of France, the supermarket group will start to offer home deliveries everywhere from 2020 onward. And this year, customers will already be able to pick up their orders within two hours.
On July 15th, Amazon will be launching its Prime Day promotion. On the very same day, eBay organises a 'Crash Sale'. The site promises extra discounts in case the Amazon servers fail again.
Afound, the newest outlet and multi-brand formula created by the H&M group, is making its entry in the Netherlands. It will be the first market for Afound besides domestic Sweden.
For the eighth quarter in a row, Swedish fashion chain H&M is reporting a decreasing profit, despite having achieved turnover growth. Management is now forced to take measures: there will be far fewer new stores than originally planned.
Superama, a subsidiary of Walmart Mexico, has started to deliver groceries through instant messaging service WhatsApp.
Is Amazon's German marketplace worth 10 billion euros? The platform seller may have given away its German turnover by accident, but the company denies the figures.
Westvleteren, a Belgian Trappist beer of which the 12 variety is often considered as the best in the world, is notoriously hard to come by as you had to phone in advance and then collect a maximum of two crates. However, the monks will now start selling it online.
The Belgian e-commerce sector keeps on growing: during the first three months of 2019, online turnover went up 8 % as the number of online purchases even rose 18 %. Beauty products are the fastest growing sector in the online trade of physical products.
Amazon is to close its meal delivery service Amazon Restaurants this month. Heavy competition from Uber Eats and DoorDash had made the service unsaveable, but Amazon has already found a replacement.
E-commerce continues its double-figure growth in Europe: online turnover this year is expected to climb 13 % to 621 billion euros as many people's fear to buy online is clearly evaporating.
On Amazon, you can now look for a particular outfit based on a picture. StyleSnap is a new addition to the online retailer's app, which recognises photographs with artificial intelligence.