Marketplace news and archive

H&M launches on Nordstrom Marketplace, marking its debut on a US retail marketplace

Swedish fashion giant H&M has launched on Nordstrom Marketplace, the department store chain's curated third-party platform, available on Nordstrom.com and its app, as it looks to expand its reach across the United States. The move marks H&M's US retail marketplace debut. "Our launch on Nordstrom Marketplace marks an important step in making H&M...

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Zalando consolidates partnership models – Connected Retail to be discontinued

Zalando is consolidating its partner models and, in line with this, is discontinuing its Connected Retail programme. The Berlin-based e-commerce company confirmed the move to FashionUnited, following an initial report by trade publication Schuhkurier. The Connected Retail technology is set to be discontinued by June 30, 2027. In a statement...

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ChannelEngine expands partnership with Monta to include integrated fulfillment services

ChannelEngine, the global marketplace integration and automation platform, today announced an expansion of its partnership with Monta, a leading fulfillment provider. With this expanded partnership, brands can now combine marketplace connectivity with scalable, local fulfilment, seamlessly integrated and powered by Monta. This development marks...

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Authentic Brands Group to accelerate TikTok Shop selling

Authentic Brands Group, the global brand development and licensing platform, which includes brands such as Reebok, Champion, Quiksilver, Juicy Couture and Forever 21, has tapped Pattern Group Inc. to accelerate its marketplace growth across TikTok Shop. Pattern Group accelerates brands on global e-commerce marketplaces, leveraging proprietary...

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Fashion |STUDY

Which luxury handbags have gained the most value between 2020 and 2025?

As gold and silver prices have increased steadily over the last five years, many high-net-worth individuals have been making other strategic investments outside the financial markets. Investing in everything from fine art and rare coins to luxury fashion, a new study from FashioNica, an online platform specializing in the sale of authentic,...

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The business behind BoohooMan’s Brand Locker marketplace

BoohooMan has entered the marketplace arena with the launch of Brand Locker, a new online platform featuring products from over 560 third-party brands across categories such as menswear, activewear, accessories, and resale luxury. The move reflects a wider transition toward a platform-driven retail model, while corresponding to broader trends in...

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People

Authentic names former Amazon executive as new global head of marketplaces

New York-based Authentic Brands Group (Authentic), a brand development and licensing platform, has appointed former Amazon executive Tim Derner as global head, marketplaces to drive marketplace growth across Authentic’s portfolio of brands. Derner joins Authentic with over a decade of leadership experience at Amazon, where he most recently...

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QVC cuts 900 jobs as it pivots from TV shopping to digital platforms

QVC Group, the home shopping conglomerate behind QVC and HSN, has announced plans to cut approximately 900 jobs as part of a comprehensive reorganisation effort. This workforce reduction follows a concerning financial performance revealed in March, when the company reported a 6 per cent revenue decline for both the fourth quarter and full year...

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Walmart to fuel its Marketplace accelerated growth through series of new initiatives

Walmart is set to grow its e-commerce Marketplace platform, as it unveiled several new initiatives at the Let’s Grow! 2024 Walmart Marketplace Seller Summit. Key growth areas include category expansion, enhanced multichannel fulfillment, and new features that will make it easier for sellers to sell across several markets. “We’re executing...

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Fashion |Interview

Slow fashion marketplace Upconic wants to bring back appreciation for clothing

What are sustainable brands and how can one find them? How can one bundle like-minded brands that appeal to a common target group? Isabell Conrad asked herself these and other questions after spending much time and energy searching for sustainable designer fashion and slow fashion online. For the business graduate, the matter was clear - draw up...

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Alibaba expands into Europe with CommerceHub partnership

CommerceHub, one of the world’s largest commerce networks, is partnering with Miravia, part of the Alibaba group, to power the marketplaces’ European expansion. The partnership involves integrating CommerceHub's ecommerce platform with Miravia's operations, supporting Miravia's aim to establish itself as a premier everyday ecommerce ecosystem...

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Etsy accused of withholding payments from sellers

Online marketplace Etsy has faced criticism from its sellers after implementing a "reserve system" that withholds 75 percent of their earnings for 45 days. Hundreds of small businesses received an email from Etsy regarding this new policy, leading to significant financial difficulties for sellers who rely on the funds for materials and daily...