Category: News

Next Outperforms Rivals with Strong Cross-Border Growth

British fashion retailer Next has reported robust financial performance, bucking the trend of struggling online peers such as Asos and Boohoo. The company’s strong showing, particularly in the realm of cross-border sales, has driven upward revisions to its profit expectations. Outpacing the Competition While Asos and Boohoo grapple with maintaining online sales, Next has demonstrated […]

Zalando Reports Strong Q2 Performance, Confirms Full-Year Outlook

Online fashion platform Zalando has announced positive financial results for the second quarter of 2024, signaling a recovery from the challenges faced in the previous year. The company reported a revenue increase of 3.4% year-over-year to €2.6 billion, accompanied by a significant boost in profitability. Improved Profitability and Growth Zalando’s Gross Merchandise Value (GMV) also […]

Temu Faces Supply Chain Backlash from Mainland Sellers

The meteoric rise of discount shopping giant Temu has been accompanied by growing concerns about its business practices. Recent reports of protests by mainland suppliers alleging unfavorable platform terms have cast a shadow over the company’s rapid expansion. Supplier Complaints Surface Hundreds of mainland suppliers reportedly staged a protest at Temu’s Guangzhou office, voicing their […]

Alibaba Offers Relief to Merchants: Tmall Waives Fees, Taobao Eases Refund Policy

Alibaba Group, the e-commerce giant, has announced significant changes to its platform policies, aimed at providing relief to merchants and fostering a more conducive business environment. Tmall, Alibaba’s platform for established brands and retailers, will waive its annual service fee, while Taobao, the consumer-to-consumer marketplace, is relaxing its strict refund-only policy. Tmall Waives Annual Service […]

Free Delivery Remains Uncommon in Swiss E-commerce Market

A recent analysis by Carpathia, an e-commerce management consultancy, reveals that free delivery continues to be a relatively uncommon perk for online shoppers in Switzerland. The study examined the shipping conditions of the top 47 business-to-consumer online stores in the country (excluding Microspot, Interdiscount, eBay, and Ricardo). Limited Free Delivery Options The data indicates that […]

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