Amazon news and archive

Amazon and Shopify strengthen logistics partnership with new features

Amazon and Shopify are strengthening their logistics partnership, with US-based merchants able to utilise Amazon's fulfilment network to incorporate the "Buy with Prime" feature into their Shopify Checkout, facilitated by Shopify Payments. For the first time, Shopify merchants will have the flexibility to present their products to Prime members...

Business

Amazon reportedly scrapping 27 of 30 private clothing labels

US retail giant Amazon is reigning in its own-label fashion business as it looks to cut costs and tackle mounting regulatory pressure, according to a report. The company, which has been rapidly expanding its presence in the fashion industry in recent years, is winding down dozens of its own-label brands, The Wall Street Journal reports, citing...

Business

Amazon swings to profit, Q2 revenues grow by 11 percent

For its second quarter, Amazon.com, Inc. reported net sales increase of 11 percent to 134.4 billion dollars. Excluding the 0.3 billion dollars unfavourable impact from year-over-year changes in foreign exchange rates throughout the quarter, the company said, net sales increased 11 percent. Operating income increased to 7.7 billion dollars in the...

Fashion

Victoria’s Secret announces new ‘fashion event’ hosted by Prime Video

Lingerie label Victoria’s Secret has announced that it will be hosting a new fashion event set to take place via Amazon’s Prime Video on September 26. Dubbed ‘The Victoria’s Secret World Tour’, the brand stated that the “one-of-a-kind show” will also be part documentary, contributing to its overall mission of “uplifting and championing women” on...

Business

Subcontractor lawsuit could test Amazon union relations

When they started to unionize, Amazon tried to get rid of them. That's the argument at the heart of a strike by more than 80 delivery drivers in California, who have taken legal action against the online retail giant in a case that could have major implications for the way it operates in the United States. For the past month, employees have...

Fashion

Amazon presents 25 fashion sketches created by IED Roma students

After the official presentation on May 10 in Florence, the fashion design project 'Dress your story' by Amazon, created in collaboration with the European Institute of Design (IED) in Rome and the small Tuscan textile company Dalle Piane Cashmere, has taken shape. The company unveiled the 25 fashion sketches inspired by the stories of the...

Business

Amazon to employ up to 2,000 workers at new UK warehouse amid strike action

Amazon, which is facing increasing strike action from its UK workforce, said it will hire up to 2,000 employees at its new fulfilment centre in Stockton-on-Tees. The US retail giant said it will initially employ 1,000 workers when it opens the new warehouse - which will be its fourth in the UK - before adding more staff over time to meet demand....

Fashion

Kleinfeld Bridal launches first fashion jewellery line on Amazon

Kleinfeld, the bridal fashion brand and home of TLC's ‘Say Yes to the Dress’ TV show, has launched an exclusive line of fashion jewellery on Amazon. The new jewellery line, designed for bridal and special occasions, is in partnership with Centric Brands, a lifestyle brand collective for apparel and accessories, and captures the timeless DNA of...

Business

Spain fines Amazon, Apple 194 million euros

Spain's competition watchdog said Tuesday it has slapped US tech giants Amazon and Apple with a combined fine of 194 million euros (218 million dollars) for collusion in the sale of products. The two firms had colluded to limit the sale of Apple products on Amazon's Spanish websites "which restricted competition," the regulator said in a...

Retail

UK shoppers spend 581 million pounds on Amazon Prime Day

Amazon Prime Day, the highly anticipated annual shopping extravaganza orchestrated by retail titan Amazon, witnessed a substantial online spending spree by UK consumers, amounting to 581 million pounds over the course of 11 and 12 July. This impressive figure follows the trend set in the previous year, where global shoppers demonstrated their...

Business

US agency sues Amazon for tricking customers into subscription service

Amazon tricked consumers into subscribing to its "Prime" service and intentionally complicated the cancelation process, according to a US lawsuit against the retail giant filed Tuesday. The Federal Trade Commission's lawsuit against Amazon includes four civil charges against the company over "manipulative, coercive or deceptive user-interface"...

Retail

Victoria's Secret expands Amazon partnership with apparel and lingerie

American lingerie and apparel retailer Victoria's Secret has announced it will expand its collections on Amazon and broaden its product categories. While the company had previously launched its own Amazon storefront for beauty products, it now intends to expand its presence on the platform by featuring its own label and Pink brands. Customers...