It started as a simple sales promotion, but Amazon's Prime Day has now morphed into a major phenomenon joined by scores of retailers jockeying with the US colossus for a bigger slice of the e-commerce pie.
Fashion dragged UK online retail sales growth down last month and m-commerce went into reverse with pureplay e-tailers suffering more than multichannel players as warm weather dented consumer interest in shopping.
Fashion e-retailer and online marketplace Bluefly is on the market, with Hilco Streambank managing offers for the company’s domain name, trademarks, social media, customer data and associated purchase data.
The outdoor apparel and equipment retailer reported record-breaking annual net sales of $2.78 billion for fiscal 2018 on Tuesday and announced a series of initiatives aiming to promote equipment re-use in 2019.
Swedish fashion retailer KappAhl offered up mixed Q2 results on Wednesday, reporting a “satisfactory” kick-off to last season with full-price sales doing reasonably well due to “well-filled stores and a broader offer.”
Revlon Inc reported on Monday a net sales drop for the fourth quarter 2018, but narrowed profit losses, adding that it expects to disclose "material weakness" in its internal control over financial reporting for 2018.