News from World

tag: E-Commerce

11 January 2023

Online sales of shoes: inflation leads to an increase in the value of footwear

According to data published by the Comisión Nacional de los Mercados y la Competencia (CNMC), in the second quarter of 2022 electronic sales of footwear and leather goods recorded a turnover of €137.8 million in Spain, +10.8% compared to Q2 of 2021. Compared to the same period in 2020, with stores closed for Covid-19, we see that the value of sales is only 0.2% lower. On the other hand, volume decreased by 13.4% compared to the second quarter of 2020. [La inflación dispara el valor de las ventas de calzado en internet - revistadelcalzado.com]

03 January 2023

Physical store or online shopping?

Americans still love buying things in person, but over the next few years, more shopping is projected to shift online. In China, such purchases now make up more than 25% of overall retail sales, according to some estimates.

22 November 2022

Chinese fast fashion causes brawls in Brazil

Chinese e-commerce giant Shein, the world's largest fashion retailer, opened its store in one of São Paulo's largest shopping malls on November 12. Tens of thousands of shoppers visited the pop-up, according to the China Global South Project. There were thousands of people lined up outside, with viral videos showing customers arguing while they waited. [Shein's pop-up store in Brazil caused fistfights - Semafor]

27 October 2022

One Chinese platform, Temu, became the most popular shopping app in the U.S. last week

Louise Matstakis (@lmatsakis) of @semafor, on a Chinese shopping app arrived a month ago and already in competition with Amazon, writes in her technology newsletter: “Amazon’s decision to ban many Chinese sellers for buying fake reviews and other alleged shadiness may be backfiring, as a new wave of Chinese e-commerce apps wade into its turf”. [Chinese shopping sites encroach on Amazon’s turf - S]

13 September 2022

China: Ecommerce Logistics Index Shows Decline in Consumption

News on @XHNews reports the results of a survey which shows a decline in the consumption of clothing and footwear in the last month, monitoring the logistics activity for e-commerce, which decreased by 2.2 points in August. The decline is again attributable to the exacerbation of Covid-19. Now it is hoped that schools will reopen in September for the recovery of consumption. [China's e-commerce logistics index down in August - Xinhua]

05 September 2022

Alibaba’s unit Lazada plans to enter the European market and take on its online rivals such as Amazon and Zalando

In an interview with Bloomberg News, Lazada’s CEO, James Dong, highlighted that Europe is a “very big market” and that ”for most of the European brands, their largest retail partner is Alibaba Group because of their sales in China and in other markets.” Dong took over the helm in June after heading Lazada’s Thailand and Vietnam operations. “We go where the brands want us to go,” he added. [Alibaba's Lazada Plans Europe Push to Challenge Amazon and Zalando – Bloomberg]

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