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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

People

Amazon Fashion names president

Amazon Fashion has reportedly named Muge Erdirik Dogan as its new president. Dogan takes over from Christine Beauchamp, who has been promoted to Amazon’s head of consumer categories in North America, WWD reports. Dogan has not made a statement on what her plans for Amazon are, but she is a longtime Amazon insider, having worked at the company...

4 Mar 2021

Retail

Amazon opens first cashierless store in UK

Amazon has opened an Amazon Fresh store in the UK, the first of the retail giant’s cashierless stores to open outside of the US. The 2,500-square-foot grocery store, located in Ealing, London, offers what Amazon has aptly called ‘Just Walk Out Shopping’. Customers use the Amazon app to enter the store. Once inside, a network of cameras and...

4 Mar 2021

Business

Amazon sued for racial discrimination

Amazon Inc is facing a lawsuit in the U.S. for its “systemic pattern of insurmountable discrimination.” According to Reuters, a manager working at Amazon.com is sueing the online behemoth, citing the company hires Black people for lower positions and promotes them more slowly than white workers, and that she was subjected to harassment. Profits...

4 Mar 2021

Business

Amazon and Salvatore Ferragamo sue over counterfeits

Washington - Amazon and Salvatore Ferragamo filed lawsuits in US courts on Thursday accusing third-party sellers of using the e-commerce site to sell counterfeits of the Italian brand’s products. The separate lawsuits accuse four individual merchants and three companies based in the United States or China of offering knockoff belts bearing the...

12 Feb 2021

Business

Amazon CEO Bezos to step down as Q4 sales top 100 billion dollars

Amazon has announced that Jeff Bezos will step down as CEO as the company reported yet another record-breaking quarter of sales and profits amid the pandemic. Bezos, who founded the business in 1994 out of his garage in Seattle, is handing the reins over to Andy Jassy, an Amazon veteran who has been at the retailer since 1997 and who founded and...

3 Feb 2021

Business

Tech and retail giants face growing scrutiny

Accelerating the transition to an ever more digital existence, the coronavirus pandemic has tightened tech giants' grip on billions of customers' lives. Governments and users are belatedly coming to terms with the power held by the likes of Apple and Amazon, particularly in focus this year thanks to their role in everything from setting up video...

28 Dec 2020

Fashion

Is Amazon about to disrupt the customised clothing market?

As far as global disruptors go, Amazon is at the top of the list. It has shaken up entire industries with its functional yet aesthetically bland e-commerce platform, disrupting – if not bulldozing - brick-and-mortar retail, groceries, even insurance and fashion. While the online behemoth firmly has its eyes on fashion’s luxury sector, it also...

22 Dec 2020

Business

Reining in tech giants: EU and US efforts

Tech giants have changed our daily lives but governments around the world are worried they are out of control. Google, Apple, Facebook, Amazon and Microsoft -- dubbed the GAFAM -- are accused of not paying enough taxes, unfair competition, stealing media content and threatening democracy by spreading false information. As the European Union...

18 Dec 2020

Fashion

Big tech investor tells fashion industry not to trust Amazon

The pandemic ups and downs of Amazon have been well-documented. There were accusations of the ill-treatment of workers in its fulfillment centers. According to a report by theWall Street Journal, the retailer has gathered data from sales of third party vendors to create competing products, despite its representatives having long denied engaging...

16 Dec 2020