Online Sales news and archive

Adobe predicts Amazon Prime Day to boost online sales to 23.8 billion dollars

Online spending in the United States is predicted to hit 23.8 billion US dollars this week, according to early estimates from Adobe Analytics. Running from July 8 to July 11, the 96-hour Amazon Prime Day event is the first four-day sales promotion from the retail giant. Launched in the hopes of enticing consumers to keep shopping daily for new...

Retail

Rolex faces a 100 million dollar fine for obstructing online watch sales

France’s competition regulator, the Autorité de la concurrence, has imposed a substantial fine of 91,600,000 euros on Rolex France, along with Rolex Holding SA, the Hans Wilsdorf Foundation, and Rolex SA. The penalty is in response to industry referrals and subsequent investigations from Rolex's prolonged prohibition - exceeding a decade – to...

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Retail

Zara and H&M shore up defences as internet threatens

Logistics investments, new technology... Faced with fierce online competition from the likes of Amazon, affordable fashion giants Zara and H&M are shoring up their defences, trying to use their stores to boost internet sales. Separated by thin partitions, 15 little photo studios used exclusively to update the website line up in a corner of...

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Retail

Céline moves into e-commerce with launch of celine.com

London- One of the last luxury fashion houses to shun an online store has finally ventured into e-commerce: Céline. The French fashion house, owned by luxury company LVMH, is taking on an omnichannel business model with the launch of its renewed website celine.com, marking the first time the luxury label offers all its products for sale online....