Due to shifts in currency values, ASOS has admitted Australians are now paying 15 percent more, causing a tectonic shift in the retailer’s growth and marketshare.
According to the US industry rumour mill, e-commerce exemplar Fab.com may be on the point of total collapse. But the truth of the matter is a long way from forthcoming.
The backing company behind the likes of The Iconic, HelloFresh and Zanui, Rocket Internet is planning a float in Frankfurt later this year, at which it may be valued at more than 3 billion euros.
US-based e-commerce designer apparel retailer has developed a new market in New Zealand through its effective use of Trade Me as a sales channel.
Two of India’s largest and most successful pureplay online retailers have agreed to a merger, with Flipkart purchasing Myntra for an undisclosed amount.
US-based online retailer Fab continues to transform its business, this time requiring as many as 90 staff to go to the chopping block to allow for its new strategic direction.
eBay has recommended all users change their passwords following news the virtual marketplace has been compromised by hackers.
Chinese e-commerce giant Alibaba continues to gain momentum, and with an impending IPO it appears willing to forge new partnerships in all kinds of places.
Fledgling bespoke jewellery business, Gemjoli has added two veteran e-commerce entrepreneurs to its advisory board, increasing its chances of future success in a competitive market.
Ché Bliss left a job in marketing to begin an online retail business of his own. FarmFresh Delivered has since established a name for itself in the suburbs of northern Sydney and it’s set to expand still further.