Remove 2017 Remove Capital Remove Millennials Remove Retail
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Chinese Millennials May Save Luxury Brands

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Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. 2017 saw a global recovery of the luxury retail market due to their affinity for high-end brands.

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The Great Online Innovation Pile On Of 2017

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You will observe grocery, as a retail category, is very fragmented. billion fine onto Google, claiming that their product carousel ads created an unfair advantage to small guy retailers who didn’t have the money to advertise. I’ll point out that those retailers did, apparently, have the money to hire lawyers. Investors put $2.65

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China’s SMB Push Continues Amid Alibaba’s Taobao Festival

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13 through 16, is further evidence of the eCommerce giant’s “new retail” strategies, where offline and online conduits converge, as noted by sites such as marketing-interactive.com. Data from CBN also found that millennials launched as many as 700,000 shops on the Taobao platform last year. The September event, which spanned Sept.

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NA-KD, Swedish eCommerce Fashion Outfit, Grabs $45M In Series B

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The leader of the latest capital raise is Partech. The funding will be used for growth initiatives, with an eye on millennials, and a launch of nine new localized sites across the U.S., Its revenue on an annualized basis was around $75 million, as measured in 2017, and 150 percent over 2016’s levels.

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ViSenze Sees Visual Search Growth In eCommerce

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Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users. million Series B venture funding round led by Rakuten Ventures with participation from SPH Media Fund, Enspire Capital and WI Harper Group.

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Private Labels Have Their Roots In Coffee And Hats

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The name stuck — and served the retailer well. But early American retailers weren’t always motivated by price when creating their own private label brands. In 2009, the private label brand entered the world of the mega eCommerce retailer when Amazon decided to create its own brand of electronics accessories called AmazonBasics. “We

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Fidelity Sets Its Sights On eCommerce, $65M Funding of Spring App

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Like sands through the hourglass, these are the days of our retail lives. With orders averaging out to $150 per person and the average buyer’s age 28, Spring is focused on the millennial age group and expects to see its 2017 gross sales reach $100 million.