Amazon news and archive

India recommerce market to reach 5.91 billion dollars by 2025: Report

The "India Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment - Q2 2025 Update" report by ResearchAndMarkets.com highlights the significant growth of India's recommerce market, with a particular focus on its implications for fashion retail. The overall recommerce market is...

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Amazon to invest 40 billion pounds in UK, four new fulfilment centres planned

Marketplace giant Amazon has unveiled plans for a 40 billion pound investment in the UK market where, over the next three years, it is looking to establish four new fulfilment centres and two new London offices. The company, which already employs over 75,000 people in the UK, said the plans will only expand on this number, creating “thousands of...

Retail

Rebag partners with Amazon to offer pre-owned luxury on a larger scale

Luxury resale platform Rebag has partnered with Luxury Stores at Amazon to offer nearly 30,000 authenticated, pre-owned items—ranging from handbags to watches—through Amazon’s online storefront. Featuring brands like Hermès, Louis Vuitton, and Rolex, the partnership aims to make high-end resale more accessible while promoting sustainable...

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Amazon agrees to tackle fake reviews in UK

Amazon has agreed to clamp down on fake online reviews of products advertised on its UK site, Britain's competition regulator said Friday. Google agreed a similar UK commitment in January after the Competition and Markets Authority launched an investigation into the matter five years ago. Amazon "has signed undertakings committing to enhance its...

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Amazon launches bargain portal Haul in Germany

German shoppers can now hunt for bargains on Amazon’s new portal, Haul. The new section offers items at particularly low prices, according to the company. "We know that it is important for customers in Germany to find great products at very low prices," Amazon Germany chief executive officer, Rocco Bräuniger, told the German Press Agency. Haul...

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Amazon price rules anti-competitive: German regulator

Amazon's pricing rules are an abuse of its market power, Germany's competition watchdog said Monday, paving the way for possible demands for changes to its business practices in Europe's biggest economy. Amazon forces third-party sellers who use its platform to keep prices within limits that the tech giant sets, the Federal Cartel Office said in...

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Amazon Q1 sales surge, but guidance concerns investors

Amazon.com’s financial results for the first quarter of 2025, showcased growth across its core business segments. Net sales increased by 9 percent year-over-year to 155.7 billion dollars, with North America contributing 92.9 billion dollars and international sales reaching 33.5 billion dollars. Amazon Web Services (AWS) experienced a 17 percent...

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The White House sharply criticises Amazon

The White House on Tuesday slammed Amazon over reports it would soon tell consumers how much US President Donald Trump's tariffs have contributed to the price tag on its goods. "This is a hostile and political act by Amazon," Press Secretary Karoline Leavitt told reporters during a briefing in Washington. "Why didn't Amazon do this when the...

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Amazon and Saks Fifth Avenue team up on luxury storefront

Marketplace giant Amazon has teamed up with US department store Saks Fifth Avenue on a new multi-brand storefront, featuring a curation of luxury fashion and beauty brands that will now be housed under ‘Luxury Stores at Amazon’. Through the new partnership, Amazon Fashion customers can now browse and shop a selection of women’s and men’s...

Fashion

Game 7 partners with Centric Brands to launch an apparel line

Multi-platform sports and entertainment brand Game 7 has launched its debut apparel collection in partnership with Centric Brands exclusive in Amazon Stores in the US. The line is described as a “style-driven sports team apparel collection” and aims to offer an elevated take on athleticwear, including exclusive National Basketball Association...

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Amazon makes last-minute bid for TikTok: report

Amazon has made a last-minute bid to buy TikTok, which faces a US ban if not sold by its Chinese owner, the New York Times reported on Wednesday. The offer arrived in a letter to officials involved in talks regarding the sale of TikTok to appease US national security concerns, according to the New York Times. Amazon declined to comment on the...

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Amazon rival Mercado Libre to invest 3.4 billion dollars in Mexico

Mercado Libre, a Latin American rival of Amazon, announced Friday a 3.4 billion dollars investment in Mexico, the latest in a series of pledges by foreign firms in spite of US tariff threats. "It means that despite these tariff issues, they're going to continue their investment in Mexico," economy minister Marcelo Ebrard said after the Argentine...