on January 8, 2020 According to industry sources, Amazon will launch luxury via a concession model, starting with the U.S. market. After nearly a decade of strategizing, iterating — and false starts — 2020 looks to be the year Amazon steps onto the runway, and into the luxury fashion limelight. According to industry sources, the retail giant is preparing to launch a luxury proposition in the first half, a digital shopping platform with big-name brands operating concessions si
세계 최대 온라인 판매업체 아마존이 프랑스 내 재고를 매립·소각하고 있다는 사실이 드러났다. 이에 일부에서는 제프 베조스 아마존 대표(CEO)가 지구 환경에 대한 위선적인 태도를 보여왔다고 비판하고 있다.
13일(현지시각) 영국 일간지 더 타임즈는 프랑스의 한 탐사보도 프로그램이 방영되자 아마존 설립자이자 최고경영자인 제프 베조스(55)이 비판에 휩싸였다고 보도했다. 베조스 대표는 그간 지구와 그 환경을 보호하기 위해 우주식민지를 개척해야 한다고 주장하며 환경론자로 분류됐다. 하지만 프랑스 M6 TV 채널이 방영한 탐사보도 프로그램에서 아마존이 보여준 실상은 환경론자가 경영하는 회사와는 거리가 있었다. 프랑스 M6 TV는 최근 ‘'캐피탈'(Capital)이라는 탐사보도를 통해 아마존 직원들이 안 팔린 장난감과 주방기구, TV 세트 등을 대형 용기에 넣어 매립장이나 소각장으로 보내고 있다고 보도했다. 보도에 따르면 아마존은 지난해 프랑스에서 안
Just as it made two-day shipping the standard for e-commerce, Amazon changed the game—and the benchmark—yet again in 2019, and that’s just the tip of the iceberg for digital retail’s de facto pacesetter. Getting packages to customers in 48 hours just doesn’t cut it anymore in today’s instant gratification culture, and Amazon responded in kind by promising Prime members free shipping in just one day. And though the shipping shift requires an $800 million investment, one analys
E commerce giant Amazon has disclosed the names and addresses of suppliers of its Amazon-branded products, including apparel. The 51-page document includes details of its supplier factories along with a statement from the firm underlining its commitment to conducting business in a lawful and ethical manner. This, it says, includes engaging with suppliers that respect human rights, provide safe and inclusive workplaces, and promote a sustainable future. "We engage with supplie
Top-drawer, lovely, unique, stunning — even genuine — don't seem like the adjectives that push shoppers to Amazon to buy something. "Inexpensive" and "fast" almost certainly are, though, and that's been enough to shake up the retail industry for the past two decades. The Amazon flywheel — the business strategy that helped the company grow from an online bookseller in 1994 to "the everything store" today — is fueled by diligently keeping a three-pronged promise to its customer
Amazon Prime Day is proving to be a beneficial day for other large retailers in the United States. Retailers with more than 1 billion US dollars in annual revenue saw a 64 percent spike in sales on the first day of Amazon’s discount event, compared to an average Monday, according to Adobe Analytics. The difference is ten percentage points higher than last year. Although smaller retailers may find it hard to compete with all the benefits that Amazon offers its customers, such
Prime Day, Amazon’s annual sales event for Amazon Prime subscribers, kicks off July 15 at 12 a.m PST. This year’s Prime Day will last 48 hours instead of 36, with some early deals popping up on Amazon’s website several days before the event, turning it into a week-long discount bonanza. Much like Black Friday, Amazon Prime Day has become a markdown period for all e-tailers, as competitors reduce prices around the same time, looking to go head-to-head with the retail giant whi
MAZON ISN’T EXACTLY the most stylish place to shop for clothes. Most of its top-selling women’s fashion items are simple pieces: easy dresses, spandex workout gear, socks, and underwear—a lot of it from brands you’ve probably never heard of. But that doesn’t mean Amazon isn’t a powerhouse for apparel sales. As traditional department stores have declined, Amazon has become one of the most popular clothing retailers in the US, especially among millennials. The company has its o
Seattle-based e-commerce giant Amazon has announced the launch of a new fashion drop venture. Dubbed “The Drop”, the program will see super limited-edition collections designed by global influencers go live internationally for 30 hours only. According to Amazon, pieces are made on demand to reduce waste and, due to limited fabric supply, collections may be available for even less time.
The program, which will drop new collections “every few weeks”, will also be complemente
The retail giant polarizes consumers in a way that Amazon doesn't, writes WD Partner's Lee Peterson. It simply didn't make sense at first blush: About half the people said they loved Walmart; the other half said they don't. Even more confounding, such sharp customer polarization often hinged on the same metric: Customer service. How did the world's largest retailer manage to measure up to half the people, even as it failed the other half? Better yet, what would help them turn
Dive Brief: Starting Monday and for an unspecified limited time, all Amazon customers — and not just Prime members — will get free shipping with no minimum purchase, which the e-commerce giant in a press releasesaid will apply to "hundreds of millions of items." Amazon also emphasized that Prime members still have some advantages: In many areas they're privy to free same-day delivery on more than three million items, Prime members in more than 60 cities can get delivery in as
Thanks to physical locations, apparel private labels from retailers like Target, Macy's and Walmart have an edge over Amazon. For years analysts have expected Amazon apparel sales to bypass market leaders like Macy's and Walmart at some point. In September, that seemed imminent when Wells Fargo predicted the e-commerce giant is on pace to become the top U.S. retailer of apparel this year. Amazon sells plenty of clothing and footwear from other brands, but lately it has been r
Amazon.com Inc on Wednesday said it is opening a store in New York City that will sell products ranging from card games to skillets that are highly rated on its website, in the company's latest push into brick-and-mortar retail. The shop, known as Amazon 4-Star, marks a new store format for the world's largest online retailer, which owns grocery chain Whole Foods Market and has rolled out bookstores and several grocery convenience stores across the United States.
Amazon is continuing its assault on the fashion industry, launching its fourth own-brand essentialwear line called Meraki. The e-retailing giant has made no secret of its desire to dominate in the apparel space. As well as launching its own brands, Amazon has taken on a raft of brands such as Nike, Under Armour, Hanes, and Gildan Activewear. It also launched Prime Wardrobe last year – a try before you buy and only pay for what you keep, service – and the Echo Look personal sh
Amazon's private label business should generate revenues of $25 billion by 2022, SunTrust analyst Youssef Squali says. "Amazon's private label brands are the fourth most bought clothing or footwear 'brand' on Amazon.com, with only Nike, Under Armour and Hanes ranking higher," he says in a note. The analyst increased his price target to $2,000 a share from $1,900, encouraging clients to buy the stock ahead of the expected growth. Shares of Amazon notched both an all-time intra
Flipkart is in advanced talks with Walmart to sell a majority stake to the U.S. retailer, Mint said. Amazon could make a rival offer to buy Flipkart, the Indian newspaper reported. Amazon may make an offer to buy Indian e-commerce giant Flipkart, an Indian newspaper reported Wednesday. Flipkart is already in advanced talks with Walmart to sell a majority stake to the U.S. retailer but Amazon has held its own exploratory discussions to buy the company, India's Mint newspaper s
The President's latest tweet storm takes aim at Amazon again, doubling down on post office gripes, and driving shares down once more. President Trump’s post-April Fool’s tweet storm Monday morning was no joke: Once again, Amazon landed in his crosshairs, as the commander-in-chief unleashed new verbal assaults about a range of issues that have been sticking in his craw. “Only fools, or worse, are saying that our money-losing Post Office makes money with Amazon. THEY LOSE A FOR
Bank of America Merrill Lynch reiterates its buy rating on Amazon shares, saying a new banking offering will spur more e-commerce sales. "We think that Amazon's primary motivation would be to attract younger and underbanked customers that otherwise would find it difficult to shop online," the firm's analyst writes. Amazon's potential move into online banking may be more about reaching new customers than disrupting the financial industry, according to one Wall Street firm. The
As Macy’s sheds stores, market share is fleeing to rivals, according to a report emailed to Retail Dive from retail think tank Coresight Research. Even benchmarked against a sector hit by declining sales, Macy’s saw a 410-basis-point decline in apparel share as annual revenues fell by $3 billion between 2012 and 2017, according to the report. Among respondents who spend less on apparel at Macy’s than they used to, 53% of Prime members said they’ve switched to Amazon versus 22
Amazon has been growing its share of the apparel market. In 2016 its sales were somewhere between US$18bn and $36bn. Shoppers are switching more of their apparel spending to Amazon and away from Macy's and JC Penney. Yet Amazon Fashion is tied with Target as the second-most-shopped apparel retailer in the US, behind Walmart. Amazon is stealing apparel sales from the likes of Target, Macy's, JC Penney and Kohl's, a new survey has found, as the online retail behemoth ramps up i