Amazon, other retailers revamp ‘free’ shipping as costs soar By Reuters There is no such thing as free shipping. Even so, Amazon They are adding fees for faster service, raising minimum purchase requirements and making other changes that shift more…
Adidas Originals launches first NFT wearables collection An NFT-linked collection is almost a must-have for many forward-looking brands these days and Adidas Adidas Originals It’s the label’s first NFT collection of wearables, “which is a new, interoperable product category Adidas calls…
Walmart in Mexico sees net profit rise in first quarter, yet trails competitors By Reuters Walmart’s Mexico unit on Wednesday posted a 3.7% rise in first quarter net profit as same-store sales rose in all markets, but it flagged inflation concerns…
Authentic Brands names Jessica Holscott CFO Global brand development company Authentic Brands Authentic Brands names Jessica Holscott CFO. – Authentic Brands In this role, Holscott will lead Authentic’s finance teams and help drive sustainable, long-term value through financial strategy and…
GFG unveils leadership changes as Schmidt steps down International online retailer Global Fashion Group (GFG) has announced a co-CEO and leadership transition with Christoph Barchewitz to become sole CEO as Patrick Schmidt steps down as co-CEO after 10 years with the business…
Klarna 2022 trends report identifies nostalgia as driving force in fashion BNPL specialist Klarna Klarna The report, dubbed The Checkout, is based on products global shoppers checked out of their shopping carts in 2022 and it found that the nostalgia…
Asepri hosted 32 Spanish brands and 24 international buyers at the 6th edition of its trade fair Translated by Roberta HERRERA The internationalisation of Spanish brands is key to the strategy of Asepri Asepri hosted 32 Spanish brands and 24…
Portuguese textiles become international player By AFP-Relaxnews Shaken in the last 20 years by competition from Asia, Portugal’s textile industry has found its footing again and become a major player, supplying firms not just in Europe but also in the…
NYT reports Amazon plans to lay off 10,000 people starting this week By Reuters Amazon Reuters The job cuts will focus on the e-commerce giant’s devices unit, which houses voice-assistant Alexa, as well as its retail division and human resources,…
Early holiday shopping boosts October online spending: Adobe By Reuters U.S. consumer spending rose in October as inflation-weary consumers took advantage of early holiday shopping discounts and deals offered by retailers including Amazon Photo: Pixabay/Public domain Adobe Analytics reported online…
