Asos CEO Nick Robertson was sure the company was to breach the 1bn pound mark this year. However, the freshly released quarterly figures suggest otherwise: £975.5mn sales, the pureplayer as missed the target by the approximate amount it lost during the warehouse fire in its distribution center in Barnsley.
Coca-Cola has decided to boost its e-commerce presence with a very interesting, social media- driven project. The multinational producer of Coke- maybe the most popular soft drink of all ages- has re-launched Surge, a lemon soda that had vanished in 2002, in an exclusive distribution deal on Amazon.
The Spanish toy retailer Imaginarium will expand its international online sales activities using the services of e-tail giant Amazon. That was announced by both parties in a press release on Monday and reported in several Spanish media, amongst which El Mundo.
The Neiman Marcus Group will take over the Munich- based online retailer mytheresa.com and the affiliated boutique in the city center as soon as this year, both companies announced in a press release on Monday.
The Chinese e-commerce titan Alibaba is preparing itself to target the millions of Chinese citizens residing outside of China.
Rakuten Spain is planning to enable its Spanish sellers to sell to all countries the company is currently active in, including amongst others France, Germany, the UK and Austria. According to Ecommerce-News.es, Sales Director Demis Torres said to be looking for a technology partner to scale the internationalization process.
The US discount online retailer Overstock has launched an updated international checkout system which now provides international customers the option to pay for their purchases with cryptocurrency Bitcoin.
Every week there are countless interesting news stories about cross-border online trade. E-Commercefacts searches out for you on a daily basis the topics to which we attach the greatest importance. To ensure that you never miss anything, we have compiled together all of last week's news that didn't appear as a dedicated article!