Subscription commerce is hot and happening- next to pet supplies, razor blades, music, make up, gifts and muesli, also free delivery- as offered by Amazon Prime- is a form of subsciption customers seem to embrace.
The British Departmentstore House of Frase, cureently being taken over by the chinese Nanjing Cenbest, has reported an ijncrease4 of 3,6 percent in turnover, reaching a total amount of €1,45bn for the past business year.
The British high end fashion brand Burberry reported a strong second half growth boosted by online sales. Retail sales increased 13 percent 928 million pounds in the six months ended March 31, London-based Burberry said on Wednesday in a statement.
Carrefour, the originally French grocery superpower, is planning to revive its Brazilian online business after an initial shutdown of the project in 2012. This is revealed in a Reuters report.
According to an article on the New York Times website, Etsy is launching a wholesale website allowing sellers to provide their merchandise to retailers.
The latest Yahoo earnings report (pdf can be downloaded here) reveals that Alibaba managed to double its Q4 earnings to $3.06bn in revenue up 66 percent on the same period a year before. Alibaba’s Q4 net income hit $1.36 bn, which equals an increase of 110 percent compared to the previous year.
Amazon is preparing the launch of its first smartphone for upcoming September. This is suggested by the Wall Street Journal this weekend. The new device is the first attempt to compete with Apple and Samsung. The new project is to be officially announce in June, say sources cited by the journal’s website.
Online consumer spending through smartphones and tablets increased to € 1.3 billion in 2013. In the last six months of the year, mobile spending amounted to € 735 million; this was 13% of the total e-commerce market. With this, the spending through smartphones and tablets more than doubled in comparison with the same period in the preceding year. This is evident from the 2013-2 M-commerce Monitor, the six-monthly research into mobile consumer spending conducted by Blauw Research. The research was conducted in cooperation with Thuiswinkel.org, the association of more than 2,000 online shops in the Netherlands, and was also made possible by iDEAL.