The cool reception suggests the $550 billion newcomer will need to trim its margins and ramp up stock selection, and eased the market’s worst fears about its potential to devastate brick-and-mortar incumbents.
Black Friday may have been expected to deliver a major boost to UK fashion stores but not only did it not do that, the race to buy online and general consumer caution meant that early December was weak too.
MCH Group, which owns exhibitions such as Art Basel and Baselworld, is looking to gain a foothold in the UK and expand its international portfolio as it announces the acquisition of art show Masterpiece London.
A new report is warning fashion brands not to rely too much on celebrity links and social media, as figures reveal that these strategies are hardly resonating with consumers when it comes to product launches.
The rising popularity of next day and specific day deliveries is impacting retailers’ ability to meet customer expectations, according to IMRG, with the percentage of orders arriving on time dropping by 7.4% in October.
Soccer star Cristiano Ronaldo muscled his way into Instagram’s top-followed ranks this year as he documented his career and growing family, but pop star Selena Gomez still reigned supreme on the social media platform.
Amazon is reporting that Cyber Monday this year was the the single biggest shopping day in the company's history, with 30% growth over last year. Small businesses alone sold nearly 140 million items globally that day.
Amazon.com Inc on Wednesday said members of its shopping club Prime could purchase tickets to an early screening of “Jumanji: Welcome to the Jungle” in over 1,000 U.S. cinemas, in its latest move to court subscribers.