Swedish fashion retailer KappAhl reported its half-year results on Friday and they didn’t make happy reading. Bad weather, heavy discounts and collections that didn’t prove as popular as hoped all dented its figures.
Lululemon filed a lawsuit in US federal court in Chicago against alleged counterfeiters in China and abroad. The lawsuit alleges groups and individuals are selling knockoff product online through unauthorized websites.
2017 was a good year for YNAP as the high-end e-tailer turned in a record sales performance. It saw net revenues rising 16.9% on a currency-neutral basis, or 11.8% as reported, to hit a massive €2.1 billion.
Amazon added 300,000 small and medium size businesses (SMBs) as vendors in 2017. The online retail giant reports half of all items ordered last year were from SMBs selling through the Amazon Marketplace.
Specialty e-commerce agency CPC Strategy has released a Black Friday through Cyber Monday holiday consumer spending report that sheds light on key social media conversations and shopping trends on Facebook and Instagram.
The White Company (TWC) said it reached an online sales record in the week including Black Friday and Cyber Monday with the performance helped by a more robust platform. It did not say exactly how much it sold.
Black Friday may have been expected to deliver a major boost to UK fashion stores but not only did it not do that, the race to buy online and general consumer caution meant that early December was weak too.
UK stores are expected to have dealt with large numbers of returns at the weekend following the Black Friday shopping surge in late November with a Collect+ survey saying returns were expected to peak on Friday.