E-COMMERCE news and archive

Springboard publishes annual UK retail review 2022

Retail experts Springboard’s annual retail review for 2022 shows a slow but steady recovery for the UK’s retail landscape. While footfall in 2022 remained 14.2 percent under 2019 levels, January 2023 has already shown some days to have reached the same trading peaks as during pre-pandemic times. Springboard said the recovery in footfall in UK...

Jan 25, 2023

Business

Emperia raises 10 million dollars to back virtual retail solutions

Virtual retail developer Emperia has secured 10 million dollars in a Series A funding round to back and grow the capabilities of its virtual retail platform and develop ‘metaverse e-commerce’ in new international markets. The round, which was led by Base10 Partners, will be used to grow the company’s team and “supercharge” its virtual store SaaS...

Jan 25, 2023

Business

The Folklore Connect partners with Raisefashion to advance support of Black-owned brands

Online wholesale marketplace The Folklore Connect has established a new partnership with nonprofit Raisefashion in an effort to support Black-owned brands on the site. As part of the deal, the marketplace will welcome 17 brands from the Raisefashion network onto its platform for a six-month free membership, and will continue to onboard a new...

Jan 24, 2023

BusinessFeatured

Avatars and social commerce: Global consumer trends that will dictate 2023

2022 has seen a vast range of new developments in the world of e-commerce, retail and beyond, with the swift growth of a democratised internet and slew of global macroeconomic issues that have undoubtedly had a profound impact on consumers. As 2023 fast approaches, consumer data platform GWI has outlined a number of trends that will come as an...

Dec 22, 2022

RetailFeatured

Shopping online for Christmas: Tips for brands to excel in the holidays

As we all know, the time leading up to Christmas tends to fly by. To get the most out of this high-turnover period, fashion companies should definitely start their preparations early. The first step is to take a thorough inventory: Is one’s technology up to date? Can one guarantee performance even with high access rates? And: Does the store...

Dec 14, 2022

Business

E-commerce startup Pixyle AI raises one million euros to scale company

Pixyle AI, a tech startup focused on providing visual artificial intelligence (AI) for e-commerce retailers, has announced a one million euro seed funding round to back its mission of enhancing online shopping experiences. Currently based between Amsterdam and North-Macedonia, Pixyle AI said it would use the financing to further expand its...

Dec 9, 2022

Business

Puma launches new UK app with virtual try-on feature

Sportswear brand Puma has launched a new app in the UK complete with a virtual try-on feature that allows shoppers to see products in 3D animations. The relaunch comes on the back of the app’s “successful” roll out in North America, which built on Puma’s continued growth strategy. Next to the latest products and exclusive content, the virtual...

Dec 6, 2022

RetailFeatured

India's online marketplaces could be fashion's next frontier, says report

India’s online marketplaces are set to triple in the next five years, presenting opportunities for fashion companies who desire access to one of the world’s fastest growing economies. Research from Bain & Company and Accel shows India’s marketplaces will reach 350 billion dollars in gross merchandising value (GMV) and contribute more than 5...

Dec 1, 2022

Business

Camden Market debuts online retail platform for independent traders

Independent retailers and producers within London’s Camden Market will now be available to shop online after the area’s operator LabTech launched a sustainable marketplace for its partners. Forty of the market’s traders have signed up to the platform, developed in partnership with Good Sixty, offering 2,000 products across multiple categories....

Dec 1, 2022

Business

Lacoste opens virtual reality store in partnership with Emperia

Lacoste has unveiled its first-ever virtual store, developed in partnership with Emperia, a virtual store development platform for retailer and fashion. On entering the store, customers can move around a space inspired by the brand’s signature details, in an interior that is reminiscent of a crocodile’s mouth. The showroom features five seasonal...

Nov 29, 2022

Business

Livestream shopping shows promise in UK and US, but expected traction ‘falls short’

Livestream shopping refers to video content that allows watchers to view products and purchase them in real time. While the Chinese market is already enjoying a surge in such a shopping format, retailers in the US and the UK are still catching up in implementing the feature. However, according to a report by the Influencer Marketing Factory,...

Nov 22, 2022

Business

Superdrug launches marketplace with 300 health and beauty brands

Superdrug has officially launched its third-party marketplace, signing 300 brands to the platform which has been integrated into the retailer’s e-commerce site. The introduction of ‘Superdrug Marketplace’ will allow shoppers to purchase from both the marketplace and Superdrug’s own e-commerce store, through which premium, established and...

Nov 21, 2022