A new survey shows just how important listing e-tail prices in local currencies is for shoppers. The survey, from business translation specialist One Hour Translation, shows that 80% of UK consumers won’t buy from sites if the prices aren’t listed in British pounds. That’s a big problem in itself given the that the UK online…
Amazon is getting ready to spend at least an extra €500m in Italy as that country’s government plans to boost its digital commerce credentials, according to reports. Italy is lagging other developed on the broadband and e-commerce front but the Italian prime minister Matteo Renzi this spring announced a major boost to speed up broadband…
Company AGMs are usually, well, boring. Occasionally they’re love-ins (when the company concerned is hugely successful). Occasionally they’re snipe-fests (when shareholders are moaning about executive pay like at BP or yet another disappointing year and “not enough simple classics” like at M&S). But at other times they actually turn into something worthwhile with a) interesting…
Consumers may be nervous at the moment but they’re not holding back from spending online. How so? Well, UK e-sales continued their upwards trajectory in the run-up to and after the Brexit vote to give a17% monthly rise, according to the IMRG Capgemini eRetail Sales Index.
Mango has released details of its latest monthly trend ‘campaign’ and also said that it will be upping its social media commitments with this particular launch. The retailer, which earlier this year, moved to a monthly trends model and away from a two-seasons one, has given details of the first of its four AW16 trend…
Burberry’s in the news at the moment. No, wait, Burberry’s always in the news. Just more so at the moment. So only a couple of days after announcing Christopher Bailey would step down as CEO, the company issued a trading update this morning that the news media is jumping all over. Newspaper and websites largely…
Good news from Asos today. The pureplay fashion e-tailer saw total sales rising 30%, or 26% currency-neutral to £514.6m in the four months to June 30, a slight acceleration from a still-enviable 25% currency-neutral rise in the 10 months to the end of June. Yippee.
Amazon is gong to spend even more money on growing its business in India, the company’s CEO Jeff Bezos has announced. That’s no surprise given that India is its fastest growth market.
Online sales growth used to be huge with 20% or 30%-plus figures appearing regularly. But while it’s understandably slowed down as the sector has got bigger, that doesn’t stop some pretty spectacular headlines still appearing. And this one really made me sit up: Surveyed shoppers made 51% of their purchases on the web.
Internet shopping may be the future but it comes loaded with problems. There’s the issue of costs to retailers, which are high – especially if customers return too many goods. And that happens a lot with a recent BBC report highlighting that we’re all serial returners, especially when it comes to womenswear. There’s the issue…
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