Businesses could be moving away from Shopify’s platform after being impacted by rising costs and a decrease in consumer spending, according to research carried out by YipitData. The report, which was shared through Reuters, found that the e-commerce platform had only added 71,000 global merchants in the first half of 2022, a far cry from the...
9 Aug 2022
Shopify’s sacking of 10,000 employees last week, the equivalent of 10 percent of its workforce, has left questions, if not holes, in the future of DTC platforms, where soaring costs, supply chain bottlenecks and a slowdown in consumer spending is hampering sales. For many small fashion businesses, advertising on Instagram and Facebook is no...
5 Aug 2022
Shopify, the Canadian e-commerce provider powering thousands of fashion stores, is to cut 10 percent of its workforce. Of its 10,000 strong workforce, approximately 1,000 employees are expected to be let go. The roles most affected are customer support, HR recruitment and sales. Shopify’s management team is expected to host a conference call to...
26 Jul 2022
E-commerce customisation platform Shopify has announced two new additions to its app site and Shopify Plus, in a bid to boost its offering. On-demand print app Printful, which is already available on Shopify, will be expanding its offer to the site’s Plus Certified App Programme in the hope of reaching enterprise-level businesses. The company,...
22 Jul 2022
As part of the duo’s Black Fashion Accelerator (BFA) programme, Shopify and Afropunk have presented a “one-of-a-kind” fashion show showcasing the work of the nine participants of the initiative. The intensive programme aimed to help the selected Black fashion designers grow their businesses, with mentorship from seasoned creative director...
18 Jul 2022
E-commerce technology company Shopify has announced it has reached an agreement to acquire fulfilment provider Deliverr in a 2.1 billion dollar deal. The acquisition will see Deliverr’s services provided to Shopify’s merchants, with the goal of removing “the complexity of fragmented supply chain management”, Shopify said in a release. It added...
6 May 2022
Luxury fashion group Lanvin is teaming up with Shopify to enhance and power its e-commerce in the US as it looks to accelerate its digital strategies in the region. In a statement, Lanvin Group said that from H2 2022, Lanvin and Sergio Rossi would become the first of the Group's luxury brands to transition onto the digital platform in the North...
27 Apr 2022
Chinese retail giant JD.com is partnering with e-commerce service platform Shopify to allow merchants access to JD.com’s users. American Shopify stores will be able to start selling their products in China within four weeks compared the normal registration period of one year to launch direct sales. Under the partnership stores will be able to...
19 Jan 2022
Shopify has announced its Black Friday sales to be a total of nearly 2.9 billion dollars. This is a 21 percent increase in sales from 2020, which saw a 75 percent surge in sales due to lockdown. It is also double Shopify’s sales on Black Friday in 2019. Merchants using Shopify earned peak sales of 3.1 million per minute at 12:02 PM EST during...
30 Nov 2021
When the pandemic caused global lockdowns it boosted entrepreneurial spirit and saw a surge in online stores being launched via Shopify, the Canadian e-commerce giant. But one year later and the surge in new merchants and revenue growth is showing signs of slowing down. This week the company reported its third quarter figures, which fell short...
29 Oct 2021
Canadian e-commerce platform Shopify has announced the launch of a global enterprise planning resource (ERP) programme, enabling high-level partners to build direct integrations into the Shopify App Store. The new system will allow Shopify Plus merchants to manage volume and complexity through partnerships with leading ERP providers, such as...
15 Oct 2021
Vaccinations and easing of restrictions haven’t dented global ecommerce, according to online shopping platform Shopify. The Canadian company, which powers over a million online stores, saw strong financial results in the first quarter ending March 31, 2021. “More entrepreneurs around the world are choosing Shopify to launch and grow their...
29 Apr 2021
This site uses cookies to deliver its services, to personalise ads and to analyse traffic. If you continue browsing the site, you agree to our use of cookies.