Tag : Amazon
Amazon eyes JC PenneySubscription
Ecommerce giant Amazon is reportedly in talks to buy the American department store chain
Amazon warns Covid-19 will wipe out profits Subscription
Amazon’s net sales increased by 26% to $75.5bn (£59.1bn) in the first quarter of 2020, but the etailer warned the ongoing coronavirus crisis will wipe out its profits in Q2.
Amazon welcomes grey-market ruling Subscription
The Court of Justice of the European Union has ruled that etailer Amazon is not liable where third-party sellers use the online marketplace for the sale of grey-market product.
Amazon prioritises ‘high-demand’ productsSubscription
Online retailer Amazon has stopped sellers from sending non-essential items to its UK and US warehouses until 5 April due to the increased demand of certain items during the coronavirus outbreak.
Etail giant Amazon has told its global workforce to work from home for the remainder of March, as a result of the Covid-19 coronavirus pandemic.
Digital service tax gets green light Subscription
The government has confirmed it will introduce a digital services tax to collect 2% of revenue made in the UK by companies such as Amazon and Facebook.
Sainsbury's appoints online clothing bossSubscription
Sainsbury’s has appointed Amazon’s Jessica Brown as head of ecommerce, clothing.
Concerns raised over Amazon warehouse injuriesSubscription
More than 600 workers have been injured at Amazon warehouses in the UK over the past three years, according to figures seen by the GMB Union.
Matchesfashion appoints new CEOSubscription
Matchesfashion has appointed former Amazon vice-president Ajay Kavan as its new chief executive, effective 19 March 2020.
Sales surge at AmazonSubscription
Total net sales at Amazon rose 21% to $87.4bn (£66.6bn) for the three months to 31 December as the online giant increased its investment in faster shipping over the Christmas period.
Amazon opens new Manchester officeSubscription
Amazon has today opened its new corporate office in Manchester’s Northern Quarter to house more than 600 employees.
The number of UK online retailers in financial distress has risen by 65% over the past three years to 9,024, insolvency firm Begbies Traynor has found.
Online retail giant Amazon has confirmed it is opening a new fulfilment centre in Darlington, County Durham, and expects to create more than 1,000 jobs.
Primark has urged its customers to avoid purchasing its products on Amazon after it emerged that some of its Disney- and Harry Potter-themed products are being sold for inflated prices.
Fashion businesses support Global Climate StrikeSubscription
Fashion brands and retailers including Vivienne Westwood and Allbirds have pledged support to the climate campaign Global Climate Strike, which kicks off tomorrow.
LVMH provides aid for Amazon wildfiresSubscription
Luxury group LVMH has donated €10m (£9.1m) to help fight the wildfires that are ravaging the Amazon rainforest.
Amazon sales soar but profits miss expectationsSubscription
Ecommerce juggernaut Amazon has reported a 20% rise in worldwide sales to $63.4bn (£50.9bn) for its second quarter, ending 30 June 2019. While profits also rose, they failed to hit analyst expectations.
EU to probe Amazon's use of sellers' dataSubscription
The European Union’s competition regulator has launched an investigation into Amazon over concerns that it is using its sellers’ data to gain a competitive advantage.
Amazon reveals Prime Day fashion discountsSubscription
As part of its annual Prime Day promotion, Amazon is offering up to 55% off footwear, clothing and fashion accessories until 16 July, as part of its “biggest ever” event.
Amazon launches photo search Subscription
Amazon has unveiled a new feature in its app which finds clothes by analysing an uploaded photo.
Is Amazon the saviour of the high street?Subscription
Online giant Amazon has thrown its considerable weight behind a series of pop-ups across the UK. Drapers analyses the impact
Amazon backs pop-ups on UK high streetSubscription
Amazon has thrown its weight behind a new pop-up project called Clicks and Mortar, which enables small and medium-sized online companies to sell their products on the high street.
Amazon is partnering with global influencers to launch its new limited edition fashion concept, The Drop.
Amazon launches click and collect in NextSubscription
Amazon has launched its latest click-and-collection initiative, Counter, which allows shoppers to pick up parcels at retailers including Next.
Amazon profits almost doubleSubscription
Operating income at online giant Amazon jumped 89% to $4.4bn (£3.4bn) for the 13 weeks to March 31, as it plans to half delivery time for Prime customers.
Amazon to shut down Chinese marketplace Subscription
Amazon has announced that it will no longer operate a marketplace or provide seller services on its Chinese website from 18 July.
New legal rules place spotlight on online giants Subscription
The biggest online companies, such as Amazon and Google, will have to clearly explain how they rank the products on their platforms in search results to prevent unfair practices, under new European Union rules approved yesterday.
Amazon backs women in technology Subscription
Amazon has announced its plans to increase the number of women in technology and innovation roles across its UK business.
Amazon to create 1,000 UK apprenticesSubscription
Ecommerce giant Amazon has announced plans to create 1,000 apprenticeship roles in the UK over the next two years.
Amazon scraps New York HQ planSubscription
Amazon has cancelled plans to build a new €2.5bn (£1.9bn) headquarters in New York.
Amazon patents virtual changing room app Subscription
Amazon is developing a fashion app that will allow users to try on data-led style recommendations in a virtual changing room.
Jeff Bezos, founder, chairman and CEO, Amazon Subscription
It is impossible to talk about the future of retail without mentioning Amazon, and over the last couple of years the Bezos machine has set its steely gaze more resolutely on the fashion industry.
In the week leading up to Black Friday, one by one retailers are unveiling their discounts. Drapers brings you a roundup of the latest offers.
Inside Amazon’s robot-run warehouse Subscription
Drapers tours an Amazon fulfilment centre to learn how robots and humans are working side by side to power the etailer’s deliveries
Asos, Amazon, Boohoo, PrettyLittleThing and Missguided have been called up on to give evidence on sustainability.
Amazon prepares for tech-fuelled Black Friday Subscription
Amazon is preparing for its largest-ever Black Friday sale, and has introduced new technology across the site in an effort to win over shoppers.
How can retailers be more entrepreneurial?Subscription
A spirit of innovation can help retailers to survive in tough markets, so learn from the brands that are putting it at their core
As artificial intelligence starts to replace human resource, Drapers examines how retailers are using the technology to leverage business opportunities
Chancellor Philip Hammond has indicated that he is seriously considering introducing an “Amazon tax” in an attempt to level the playing field between struggling retailers and online-only operators.
Former Sainsbury’s chief executive Justin King has called for authorities to “make Amazon pay a fair share of tax”.
Amazon tax bill drops despite profits doublingSubscription
Amazon has paid £2.8m less in UK corporation tax in 2017 compared with the previous year, despite almost doubling its profits.
Amazon announces extended Prime Day 2018Subscription
Ecommerce giant Amazon will begin its Prime Day 2018 on 16 July at noon and run the event for 36 hours, six hours longer than last year.
First look: Amazon launches new own-brand label Subscription
Amazon has launched a fourth fashion label: a range of ”essentialwear” called Meraki.
Speaking at the British Retail Consortium’s annual retail industry lecture, Amazon’s UK country manager Doug Gurr talks about the next industrial revolution – the digital revolution – its impact on the retail industry and how to prepare for the changes.
Amazon to hire a further 2,500 staffSubscription
Amazon is to invest in its UK workforce to create 2,500 jobs in a nationwide hiring spree.
Drapers takes a look forward to the trends and technology that will define the direction of stores for the next 100 years of fashion retail.
Ecommerce behemoth Amazon has announced soaring revenue and profits for the first quarter of 2018, as its online dominance continues to grow.
Amazon Prime subscriber stats revealedSubscription
Amazon boss Jeff Bezos has disclosed that the etail giant has more than 100m Amazon Prime paid users globally.
Amazon has launched a new women’s occasionwear brand called Truth & Fable.
Drapers explores the impact the rise of voice-operated digital assistants could have on fashion retail