Fashion giants About You, Yoox Net-A-Porter and Zalando are expanding their ‘Fashion leap for climate’ initiative. The climate learning platform will now be extended to 250 brand partners. Last year, in the platform’s first year, it included 55 brands.
In
Amazon and eBay are facing a declining number of mobile app users in the United Kingdom. According to market research agency GWS, Amazon has seen a million daily mobile shoppers disappear since the beginning of this year, eBay even nearly
H&M’s marketplace strategy is bearing fruit, according to CEO Helena Helmersson. The Swedish fashion giant is opening its doors to include more third-party brands.
Helmersson shared this information with Reuters after the publication of new figures. H&M’s revenue is on
In terms of cross-border market share, compared to the total online market, Luxembourg is the top 1 cross-border country in 2022. Its cross-border market share is 80 percent. The country’s total cross-border turnover was 1.8 billion euros.
The data comes
Amazon has launched a flexible financing solution for small and medium-sized businesses in the United Kingdom. Amazon sellers in the country can apply for a cash advance, which will be repaid based on their sales. Loans can range up to
Spanish returns management software provider Rever has raised 7.5 million euros in a seed funding round. The capital injection will be used to fund the startup’s growth and international expansion. The company will be adding AI-powered functionalities to its offer
The courier, express, and parcel sector in Germany, known as KEP for short, faced turbulent times in 2022. There were 360 million fewer packages delivered than in the peak year of 2021. This translates to a 7.9 percent decline in
ShipBob’s global fulfillment platform is expanding to the Netherlands with the launch of a fulfillment center. The new fulfillment center is the company’s fifth European location. The company expects to start shipping parcels from the new location in July.
ShipBob
Ecommerce giant Amazon is implementing artificial intelligence in twelve warehouses. The technology will screen items for damage before being shipped. This will reduce the amount of damaged items sent out and speed up picking and packing.
Currently, the online marketplace’s
Amazon is convinced of the added value of the digital euro, which the European Central Bank (ECB) aims to introduce. The company has built a prototype for its application in e-commerce payments.
The central bank for the eurozone is exploring