Home

Tags

AMAZON

Amazon news and archive

Why the world doesn't need Amazon Prime day

Sure, most folks are partial to a bargain. Which is precisely why Amazon introduced its Prime Day shopping bonanza mid-year, at a time of less demand than say Black Friday, Cyber Monday, Christmas, Valentine’s Day and anything else on its pushy retail calendar. Just like sample sales, infomercials or any sales technique, Amazon has created an...

17 hours ago

Retail

Amazon Prime day 2021 is here

Amazon.com Inc.'s two-day Prime Day event is happening now with more than 2 million deals on offer. The e-commerce giant's biggest shopping extravaganza of the year started June 21 at 3 a.m. EDT and runs for 48 hours, through June 22. Prime Day 2021 will feature the largest number of deals ever offered in the seven year history of the Prime Day...

22 Jun 2021

Retail

Amazon Prime Day announced for June 21-22

The highly anticipated Amazon Prime Day will take place on June 21-22, offering more than two million deals worldwide. The two-day event by the e-commerce giant will feature discounts across all categories including fashion, home, beauty, and electronics. The savings will be on brands like Levi’s, iRobot, Samsung, and Redken. There will also be...

15 Jun 2021

People

Jeff Bezos to step down as Amazon CEO on July 5

Jeff Bezos will step down from his long-standing role as CEO of Amazon on July 5, he said at the company’s annual shareholder meeting on Wednesday. The company first announced Bezos’ plan to leave his role at the helm of the company back in February at the same time it announced record net sales of 125.6 billion dollars in the fourth quarter - a...

27 May 2021

Retail

Amazon Fashion launches Local Label Hub

Amazon Fashion has launched the Local Label Hub - a new digital store shining a spotlight on small and medium-sized local brands and designers. The online hub offers brands and designers the opportunity to present their latest collections to millions of new customers, Amazon said. Brands already featured on the hub include Les Girls Les Boys,...

26 May 2021

Fashion

LVMH and UNESCO expand joint Amazon project

LVMH and UNESCO MAB (Man and Biosphere) recently announced the launch of a joint project to combat deforestation in the Amazon, which is a major threat to the region’s precious ecosystems. The initiative is part of the Group’s own program LIFE 360 (LVMH Initiatives For the Environment), through which it is committed to contributing to the...

25 May 2021

Business

Amazon more than triples profit in Q1

US retail giant Amazon has reported another strong quarter with profit more than tripling in the three months to March 31. The company, which has been profiting throughout the pandemic from consumers’ shift to online shopping, saw its net income soar 224 percent in the first quarter to 8.1 billion dollars. Meanwhile, net sales increased 44...

30 Apr 2021

Retail

Amazon warehouse workers in Alabama vote against union

Amazon warehouse workers in Alabama have voted against forming the company’s first unionised warehouse by a margin of more than 2-to-1. Workers at the Bessemer warehouse voted 1,798 in favour and 738 against the effort. It’s good news for Amazon which has been facing mounting criticism over its treatment of workers during the pandemic. But the...

13 Apr 2021

Business

Amazon's India sales hit 3 billion dollars

COVID-19 couldn’t slow down Amazon’s business in India. The online retail giant saw sales in the country reach 3 billion dollars last year, allowing them to create over a million local jobs since it began operating in the South Asian country over a decade ago. 1 billion dollars of that 3 billion and 300,000 of those jobs came about within just...

9 Apr 2021

Business

Unsold fashion: What happens to merchandise when stores are closed?

Since the pandemic outbreak, the fashion industry has been fearful of vast amounts of unsold merchandise from brick-and-mortar stores. Last spring, many designers and brands postponed a part of their collections to 2021. However, now, even in 2021, the world is seeing months-long lockdowns. With an unusual winter and collections being pushed...

31 Mar 2021

Fashion

Amazon launches shopping experience for music artist merchandise

Amazon Music has integrated artist merchandise within its mobile app, creating a new way for artists to engage with their audience. Artist merchandise will now appear in the Amazon Music app on participating artists’ pages, side-by-side with their songs, albums, live streams, and music videos. By seamlessly tying artist merch and music together...

11 Mar 2021

Fashion

Amazon Music app to feature artist apparel and merchandise

Amazon Music has announced the integration of artist merchandise within its mobile app to create a new customer shopping experience. Artist merchandise will now appear in the Amazon Music app on participating artists’ pages, side-by-side with their songs, albums, live streams, and music videos. Featured artists include Lady Gaga, Billie Eilish,...

11 Mar 2021