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Ecommerce news and DTC trends daily in the retail industry, covering topics in business, marketing, beauty, marketplaces, technology, fashion, Shopify and more.
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Luxury e-commerce is facing a tumultuous period, with once-thriving platforms now grappling with significant challenges. This week, the industry witnessed two major players, Farfetch and Matches, narrowly escape financial ruin by securing sales to new owners. The question on everyone’s…
China’s leading B2B cross-border e-commerce marketplace, DHgate, reported a record-breaking performance during the Black Friday and Cyber Monday 2023 period, doubling its Gross Merchandise Value (GMV) compared to the previous year. This five-day sales event, strategically planned for the 2023…
The Seattle-based online fashion retailer Zulily has announced it is going out of business. This news marks the end of a journey for a company that, at one point, was valued at $7 billion and stood as a formidable challenger…
A series of financial setbacks have challenged Farfetch’s mission to be the global platform for luxury fashion. In the second quarter of 2023, Farfetch reported a gross profit decrease of 9.3% year-over-year, with a significant drop from $267.7 million in…
The president of the Alibaba Group has stepped down from his position on the board of directors at Farfetch Limited. This resignation took effect immediately as of November 30th, marking a significant change in the relationship between two major players…
Startup e-commerce marketplace, Temu has recently announced an expansion of its delivery network across Europe to enhance customer satisfaction through improved logistics. This initiative involves forming partnerships with key postal and delivery services in Italy, the Iberian Peninsula, and Germany.…
Chinese e-commerce giant, Temu, has recently taken a significant step in this ongoing struggle in it’s efforts to prevent imposters, “cybersquatters,” and other individuals unlawfully doing business on its behalf in the U.S. ecommerce market. The ecommerce marketplace that quickly…
The digital age has revolutionized the way we shop, and a recent study by Flyers online provides an in-depth analysis of the global e-commerce market. The study reveals that China is leading the charge with a market value of $779.858…
NA-KD, a Swedish fashion brand established in 2015, is best known in the fashion industry for its affordable yet trendy clothing. Collaborating with brand ambassadors and influencers globally, NA-KD has quickly become one of Europe’s top 20 fastest-growing companies. However,…
Hardworking Gentlemen a premium men’s grooming brand renowned for its commitment to clean and sustainable personal care products, proudly announced the appointment of Chris Stoikos as their new Chief Creative Officer (CCO) and partner. Stoikos, who gained fame as the…
In 2015, a simple idea sparked the creation of a brand that would soon become a household name in the world of leather goods. Portland Leather Goods, founded by Curtis Matsko, began its journey in a single-car garage, with a…