Home

Tags

AMAZON

Amazon news and archive

Amazon and Cartier team up in the fight against counterfeit goods

The global fight against counterfeit goods has seen an unimaginable pairing up of businesses, namely Cartier, the French haute jeweller, and online behemoth Amazon. The companies announced two joint lawsuits against a social media influencer and eight other entities for advertising, promoting, and facilitating the sale of counterfeit luxury...

23 Jun 2022

Fashion

Amazon Fashion launches AR shopping for footwear

Amazon Fashion is tapping into augmented reality (AR) with a new interactive, mobile experience, ‘Virtual Try-On for Shoes,’ which allows customers to visualise how a pair of shoes will look on themselves. The online retailer said the feature would be available to customers in the US and Canada, using the Amazon shopping app on iOS, to virtually...

10 Jun 2022

Fashion

CFDA announces 2022 Fashion Awards date with Amazon Fashion as sponsor

The Council of Fashion Designers of America (CFDA) has announced that Amazon Fashion will be serving as the presenting partner for its upcoming 2022 Fashion Awards. “We’re delighted to partner with the CFDA to bring our innovation and resources to the larger fashion community and to champion CFDA’s mission of strengthening American fashion,”...

9 Jun 2022

RetailFeatured

Amazon Fashion expands 'Luxury Stores' to Europe

Amazon Fashion is bringing its ‘Luxury Stores at Amazon’ concept to customers in the UK, Germany, France, Italy and Spain, following its successful launch in the US with Oscar de la Renta in September 2020. The “elevated” shopping experience will offer ready-to-wear collections from both established and emerging luxury fashion brands, including...

8 Jun 2022

BusinessFeatured

Amazon reports Q1 loss as online demand drops

Amazon swung to a loss in the first quarter of the year as the boom in online demand it saw during the pandemic started to falter. In the three months to March 31, the US retail giant reported a net loss of 3.8 billion dollars compared to a profit of 8.1 billion dollars a year earlier. The company said its investment in electric vehicle company...

29 Apr 2022

Culture

‘Making the Cut’ to return for a third season

Global fashion competition series ‘Making the Cut’ to return for a third season on Prime Video this summer in more than 240 countries and territories worldwide. The show will once again be hosted by Heidi Klum and Tim Gunn with Nicole Richie and Jeremy Scott returning as judges, and 10 designers will compete to win one million US dollars to...

14 Apr 2022

Retail

Amazon's U.S. marketshare of clothing soars to 14.6 percent

Amazon’s share of U.S. sales grew to 56.7 percent in 2021, having doubled its domestic sales in the past five years. New data from PYMTNS show Amazon is America’s digital market leader in online retail sales. Clothing and accessories are key categories for Amazon, with sales surpassing rivals including Walmart, with total domestic market share...

15 Mar 2022

Fashion

Amazon debuts conscious brand, Amazon Aware

Online retailer giant Amazon has launched its first private brand consisting of consciously created products, all granted third-party certifications. Amazon Aware includes everything apparel and home to beauty and household goods, each made with sustainably-sourced materials and bio-based ingredients. Products in the range will be available for...

4 Mar 2022

Business

Amazon just gained 190 billion in value

Last week was a big week for tech, with Amazon cementing its global superpower after it delivered its Q4 results. It beat Apple with the biggest one day stock market surge, which saw its market capitalisation increase by 190 billion dollars by end of trading on Friday and valuing the company at 1.3 trillion dollars. In contrast, the value of...

6 Feb 2022

Business

Amazon created 25,000 UK jobs in 2021 to meet booming demand

Amazon says it created more than 25,000 new permanent jobs in the UK in 2021 to keep up with booming online demand during the pandemic. The roles spanned corporate functions, R&D, and operations, and bring the retailer’s total number of permanent employees in the UK to 70,000. That’s ahead of the estimate it made last year that it would have...

4 Feb 2022

RetailFeatured

Amazon to open tech-forward brick-and-mortar apparel store

Marketplace giant Amazon has revealed it will be opening its first physical fashion store, Amazon Style, complete with a number of technology-led in-store shopping experiences. The store will feature both known brands and emerging designers, with clothing, shoes and accessories for men and women. Designed to be digital-first, customers will be...

21 Jan 2022

Retail

Amazon will not ban Visa from its UK payment options

Fashion brands and retailers selling on Amazon will be pleased the online giant has scrapped plans to ban Visa cards from its UK payment options. In an ongoing dispute between the credit card company and retailer, Visa was to be frozen out until an agreement was reached. “The expected change regarding the use of Visa credit cards on Amazon.co.uk...

17 Jan 2022