E-COMMERCE news and archive

Digital commerce to exceed 11.6 trillion dollars in 2021

Soaring growth in online sales show e-commerce spending is set to rise 11.5 percent this year to 11.6 trillion dollars. New findings from Juniper Research highlight the success of digital solutions during the pandemic spurring consumer behaviour will become increasingly digitally led, rather than reverting to pre-pandemic norms. The research...

4 May 2021

Business

Vaccinations have not slowed down online shopping

Vaccinations and easing of restrictions haven’t dented global ecommerce, according to online shopping platform Shopify. The Canadian company, which powers over a million online stores, saw strong financial results in the first quarter ending March 31, 2021. “More entrepreneurs around the world are choosing Shopify to launch and grow their...

29 Apr 2021

Retail

New costs of buying from EU-based retailers should be clearer, says Which?

Consumer watchdog Which? has called on the government and businesses to make new costs of buying from EU-based retailers clearer so consumers aren’t caught off guard be extra costs. It comes as new import charges and returns policies have made post-Brexit shopping more difficult for Brits trying to buy from European retailers. Two in five (42...

13 Apr 2021

Retail

E-Commerce Defines Brick & Mortar Shopping Experience

In this episode, Driven By Digital, we explore the ways in which online shopping has changed how we shop in person. The pandemic accelerated e-commerce sales in 2020. Pre-Covid, e-commerce sales accounted from between 10 to 20% for fashion retailers, depending on the sophistication and reach of their online platforms. At the height of Covid,...

31 Mar 2021

Business

Launching your fashion brand in China: Advice from Tmall Luxury

“China is a challenge in itself”. This verdict is that of Nicolas Santi-Weil, CEO of the independent brand Ami Paris, keen observer of the Chinese market since 2007 and participant of a webinar organized by Tmall Luxury. Titled "China and luxury: major trends and sharing of experience", this workshop in French was a first for Alibaba's...

30 Mar 2021

Retail

How the pandemic boosted online shopping with 183 billion dollars

A full year has passed since the first lockdown swept the global retail landscape, giving an unfathomable boost of 183 billion dollars to e-commerce. As shopping habits shifted to online, a total of 844 billion dollars was spent in the US during the pandemic period of March 2020 to February 2021, according to figures from Adobe’s Digital Economy...

17 Mar 2021

Business

Amazon charged with abusing online retail competition

Amazon has been charged with damaging retail competition by the European Union. The company’s sheer size and dominant position in online retail has seen it abuse an unfair advantage over competitors. The BBC said Amazon had used data on third-party sellers that use its marketplace to boost sales of its own-label goods. According to European...

11 Nov 2020

Retail

Visualsoft launches partnership programme

Visualsoft has launched a partnership programme to “empower solution providers to grow their business, build their network and increase the revenue of their retailers”. The newly launched programme “offers uncapped earning potential to those signed up, with revenue share for successful referrals placed through the platform,” according to...

13 Aug 2020

Retail

E-Commerce in Germany: What characterises online shoppers?

Germany experienced a record year in 2019 in terms of e-commerce, with multichannel retailers recording a particularly substantial increase in sales. As the fifth-largest e-commerce market in the world and the second-largest in Europe, Germany is attractive for foreign players. However, the German market has local and regional requirements that...

28 Jul 2020

Retail

Online shopping to accelerate, forecasts Goldman Sachs

Forecasts by global investment group Goldman Sachs show e-commerce will expand by 19 percent over the next three years, an increase of 3 percent comparison to a previous forecast of 16 percent. The company said the growth of online shopping is fuelled by the U.S., Brazil, Western Europe and APAC according to a report released earlier this month....

27 Jul 2020

Fashion

Candiani launches e-commerce site, marks occasion with limited-edition collab

Italian denim mill Candiani has launched its first online e-commerce platform and has partnered with German brand Closed for a limited-edition capsule collection to mark the occasion. The new Candiani Denim Store features a variety of limited-edition pieces exclusive to the store with brands such as Denham the Jeanmaker, Dondup, Blue of a Kind,...

23 Jul 2020

Business

Delivery giant Hermes to create 10,500 new UK jobs as online shopping booms

Delivery giant Hermes is creating 10,500 new jobs in the UK and investing 100 million pounds to expand its capacity to meet huge demand as online shopping booms. The company is looking for 9,000 self-employed couriers and 1,500 full-time staff, some of which will work at the company’s head office in Yorkshire. Recruitment for the positions has...

21 Jul 2020