Fashion

Farfetch acquires 47.5% stake in Yoox

Curated trend platform Farfetch has purchased a 47.5 p.c stake in Yoox Web-A-Porter Group. It’s unclear what amount of cash was concerned within the acquisition. Due to the deal, Farfetch can purchase the remaining shares in a while.

Earlier this

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Fashion

German drugstore DM installs pick-up lockers

Widespread German drugstore Drogerie Markt (DM) has introduced that it’s putting in automated pick-up lockers in its shops. Prospects can simply acquire on-line orders on the pick-up stations. It is going to set up the lockers in not less than

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Fashion

Amazon contests ‘very large’ qualification

Following Zalando, Amazon has also lodged a legal objection against its classification as a Very Large Online Platform (VLOP) in Europe. “Amazon does not fit this description under the DSA”, the company states.

In the context of the European Digital

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Fashion

PayPal introduces passkeys in Germany and the UK

PayPal is offering passkeys outside of its US home market for the first time. The user-friendly login feature becomes available in Germany and the United Kingdom.

“Passkeys are designed to replace passwords and allow seamless logins for consumers across devices

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Fashion

Refurbed reaches €1 billion turnover

Austrian marketplace for refurbished electronics, Refurbed, has reached a financial milestone of 1 billion euros in turnover. The company is now active in eight markets.

Refurbed was founded in Austria in 2017. It is an online marketplace for refurbished electronics,

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Fashion

‘Price increases drive cross-border shopping’

Consumers’ pursuit of more affordable prices is fueling cross-border shopping behavior, according to a consumer study conducted by Worldline in six European countries.

The study reveals that about half of consumers regularly shop outside of their domestic market. “The primary

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