All Marketplaces & E-tailers articles – Page 4
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ArticleDecathlon goods return to Russia
Russian marketplace CDEK.Shopping has started selling Decathlon merchandise in Russia, the company said on March 10. Currently, nearly 50,000 items, or 80 percent of Decathlon’s total assortment, are available to Russian customers. The offer includes items under the Decathlon and Quechua brand names as well as Regatta, Hummel, Caperlan, Domyos, ...
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News briefsZalando hires head of retail from Nike
Benjamin Wolf, who served as Nike’s director of retail operations from March 2019 to January 2023, posted on LinkedIn that he has joined Zalando as head of retail, effective immediately. In total, Wolf spent roughly 15.5 years at Nike. On social media, he commented on the new job at the ...
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News briefseBay reports better-than-expected Q4 results
eBay Inc. has published the financial results for the fourth quarter – again reporting negative revenue growth – and fiscal year ended Dec. 31, 2022. “In 2022, we made significant progress on our multi-year strategic journey,” said Jamie Iannone, CEO of eBay. “Our focus category playbook continues to drive the ...
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News briefsZalando announces new basic fee and marketplace commission increase
According to information from various media for online retailers, Zalando will soon be introducing a new fee schedule. Previously, the Zalando platform only charged commissions for successful sales. As of July 1, Zalando is implementing a basic fee of €480 per year for its marketplace. The basic fee applies both ...
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ArticleeBay Recommerce Report shows users find financial value in used goods
eBay has released its third annual Recommerce Report, which examines what drives sellers and buyers to participate in the sale of used goods. The latest report (for 2022) also marks the first time eBay has conducted a separate survey exclusively for buyers. Both sellers and buyers are turning to resale ...
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ArticleStockX broke records in 2022, reveals most traded and fastest growing brands
In a new report, Detroit-based resale platform StockX details the top-traded and fastest-growing brands on its platform over the last year. StockX’s annual report – Big Facts: Current Culture Index 2023 – notes that the company surpassed 1.5 million lifetime sellers, 12 million lifetime buyers and 40 ...
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News briefsAmazon to close three UK warehouses, plans two new fulfillment centers
SkyNews reports that Amazon is looking to close three old warehouses in the U.K., which currently employ 1,200 people, and replace them with two new, large fulfillment centers. The sites in Hemel Hempstead, Doncaster and Gourock, in the west of Scotland, have been proposed for closure. The proposed new sites ...
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ArticleRe:store acquires fashion and lifestyle marketplace Trouva
Trouva, a London-based online marketplace focused on showcasing independent boutiques and brands focused on homewares, fashion and lifestyle, has been acquired by Cambridge-based startup Re:store from its previous owner, the clothing brand Next. Terms of the deal were not disclosed. In its press release, Trouva states that Re:store’s goal with ...
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News briefsAmazon cuts 18,000 jobs, secures billion-dollar loan
Amazon will lay off over 18,000 employees, with the majority focused on Amazon Stores and the People, Experience, and Technology (PXT) organizations, Andy Jassy, the company’s CEO, announced. The U.S. online retailer plans to start talking to employees or representative bodies from Jan. 18. Amazon had already imposed a hiring ...
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News briefsPeloton extends cooperation with Amazon to Germany
Peloton Interactive announced on Dec. 29 that select Peloton products are now available on the German Amazon store. The company had already announced the expansion of its deal with Amazon to Germany in November. Peloton products are also available in Amazon stores in the U.S. and U.K. As part of ...
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News briefsInvestors file a shareholder resolution pressing Amazon for more information on its climate footprint
U.S. environmentally and socially responsible investor Green Century Funds together with Amalgamated Bank led the filing of a shareholder proposal on Dec. 15, 2022, pressing Amazon to fully quantify and disclose its scope 3 greenhouse gas emissions. This was followed up by the filing of a shareholder resolution with Amazon ...
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News briefsShein looks at becoming an online marketplace
Shein, one of the world’s largest online fashion retailers, is looking at becoming an online marketplace, according to The Wall Street Journal. The move would likely mean Shein becomes a direct competitor for existing e-commerce sites such as Alibaba, AliExpress and Amazon Marketplace, expanding beyond selling its own apparel and ...
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ArticleeBay U.K. partners with ACS to make second-hand items easier to access
eBay U.K. has announced a new partnership with the textile fulfillment company Advanced Clothing Solutions (ACS). U.K.-based ACS – now B Corp-certified – is an expert in reselling, cleaning and repairing garments to expand the online marketplace’s second-hand offering and reduce waste in the fashion industry. The announcement comes on ...
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News briefseBay’s sales continue to decline
eBay has posted another revenue decline in Q3, which was marked by inflation and economic worries. In the quarter ended September 30, revenues fell five percent year-on-year to $2.4 billion. Adjusted income fell seven percent to $552 million. eBay has been struggling since the pandemic online order boom came to ...
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News briefsAliExpress launches 11.11 global shopping festival with longest sales period ever
AliExpress, the global online retail marketplace owned by Alibaba Group, officially kicked off its 2022 11.11 Global Shopping Festival on Oct. 31 under the theme “Deals & Fun. Always Better Together” – a full two weeks earlier than previous years and running throughout November. For all orders in Spain, France, ...
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News briefsStockX appoints head of brand protection
Source: StockX Paul Foley Sneaker marketplace StockX has appointed Paul Foley as head of brand protection, reporting directly to chief supply chain officer Sean McCartney. Foley will lead the company’s product verification efforts. He brings more than three decades of experience in brand protection, global operations and ...
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Case StudyHow Signa Sports United is building the sports commerce & tech platform of the future
SSU – which says that the most powerful digital platform will “win the game” – is also helping customers consolidate their technological prowess.
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News briefsPuma selects Secret Sales as its first U.K. marketplace partner
According to a post by Secret Sales owner Matthew Purt on LinkedIn, Puma has partnered with the U.K. marketplace to distribute surplus inventory and custom products. That means Puma can focus on full-price inventory on its own websites and other channels while having full control over its brand, offering and ...
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Case StudyThe marketplace of the future: How Decathlon is opening up its sales platforms to boost revenue
Decathlon has launched a number of “marketplaces” around the world, allowing other brands to sell their goods on the retailer’s sales platform, and expects to generate €1bn in sales over the next 5 years.
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ArticleSport 2000 Austria well positioned for upcoming challenges
Source: SPORT 2000 Holger Schwarting, CEO Sport 2000 Austria, which is celebrating its 50th anniversary this year, is expecting slight sales growth in its anniversary year. ”The times are very eventful at the moment. On the one hand, sports retailers are benefiting from the megatrends of sports ...
