CFRA analyst Tuna Amobi said Amazon's already huge footprint in the online commerce space will allow it to retain share.
Retailers may have to start checking whether online reviews are from genuine under new guidelines from the British Standards Institution. An estimated £23 billion of spending is thought to be influenced by consumer reviews every year in the UK, but concerns have been raised by the Competition Markets Authority (CMA) over the influence of fake review. In response the BSI has published a new standard, dubbed ISO 20488, for retailers and other companies to ensure the validity of online reviews
Amazon has launched its fourth own-brand fashion line Meraki aiming to break into the essential-wear market with its new simplistic range. The “modern wardrobe essentials” line includes both menswear and womenswear, focusing on high quality fabrics and simple, timeless shapes and block neutral colours. READ MORE: Amazon launches Truth & Fable occasion-wear range It joins the fast expanding range offered by the online retailer’s subsidiary Amazon Fashion, alongside women’s occasion-wear brand Truth & Fable, street style-focused Find and lingerie brand Iris & Lily.
Apparel giant Ascena Retail Group is expanding its premium outlet fashion business to the online world.
The retailer's collector sneakers will be sold on the online marketplace's new sneaker hub, furthering Stadium Goods' ties to the luxury market.
Amazon continues to be under the scrutiny of President Donald Trump, but the online giant’s CEO is not taking it personally.
Amazon is upping the delivery wars yet again by betting that its Prime members will allow the online giant access to their cars.
President Trump on Tuesday continued to attack Amazon, tweeting that the online giant was “costing the United States Post Office massive amounts of money for being their Delivery Boy.”
The footwear retailer will be able to better focus on its core footwear merchandising without the poor performance of the online unit, analysts say.
Eve Sleep has seen a triple digit growth in sales over the last year but still failed to make a profit thanks to ongoing costs after its initial public offering (IPO) last year.