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Read the latest ecommerce news from RETAILBOSS, covering online retail, marketplaces, DTC brands, digital shopping trends and retail technology.
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In just one year since its inception, S’ABLE LABS, the skincare brand founded by actor Idris Elba and his wife Sabrina Elba, is taking a giant leap forward by partnering with SpaceNK. The genderless skincare line, which focuses on natural…
As ecommerce continues to grow, so does the number of returns made by customers. Understanding the state of ecommerce returns is crucial for any business looking to maximize profits and minimize losses. In this blog post, we will explore some…
Direct-to-consumer (DTC) is a sales strategy where manufacturers and consumer packaged goods (CPG) brands sell their products directly to their customers instead of selling them through retailers and wholesalers. Nearly 60% of online shoppers say they will go out of…
Reuters reported in May 2023 that Shein was exploring a Mexico factory. The proposal was not confirmation that production had already started.
Chinese fast-fashion giant, Shein has reportedly raised $2 billion in its latest funding round, bringing the company’s valuation to an impressive $66 billion. This marks a significant milestone for the online fashion retailer, which has experienced rapid growth and success…
Boohoo, a popular online fast-fashion retailer, has recently reported a staggering £91 million loss as its annual sales dropped and the company grappled with an increased number of returned products. This downturn can be attributed to a shift in consumer…
Adobe reported a 1.7% year-over-year decline in online prices in March 2023, the seventh consecutive monthly decline—not the eighth.
The Financial Reporting Council (FRC) has launched an investigation into Deloitte’s audit of the UK clothing retailer Joules for the year ending 30 May 2021. Joules, a Leicestershire-based company founded in 1989, struggled to survive during the pandemic as retail…
Fast fashion group Boohoo is reportedly seeking a 10 percent discount from its suppliers in an effort to reduce supply chain costs. This demand applies to both delivered and undelivered clothing, encompassing all outstanding orders made by the retailer. The…
Approaching retail buyers is a crucial step in getting your product into stores and expanding your business.Retail buyers are the gatekeepers of the retail industry. They are the ones that decide which products get on shelves and which ones don’t.…
Canadian fashion retailer Aritzia has experienced significant growth in fiscal year 2023 (FY23), with a 39.6% increase in gross profit, reaching $914 million. This impressive growth is attributed to higher sales volumes across the company’s retail and eCommerce channels. In…