Versace Parent Capri Says Turnaround to Take a Year Capri Holdings, the parent company of renowned fashion houses Michael Kors, Versace, and Jimmy Choo, has recently announced that it anticipates a year-long turnaround to restore its financial standing. Despite the high expectations surrounding the luxury brands under its umbrella, Capri Holdings foresees fiscal 2025 revenue […]
Dubai’s Qeen.ai secures major investment for AI expansion
Dubai’s Qeen.ai Secures Major Investment for AI Expansion The landscape of online shopping is rapidly evolving, with AI technology playing a pivotal role in revolutionizing the way businesses interact with customers. As e-commerce continues to flourish, companies are increasingly turning to AI-driven assistants to streamline tasks such as marketing, content creation, and customer interactions. At […]
EU plans stricter rules for online platforms selling goods
EU Plans Stricter Rules for Online Platforms Selling Goods The European Union is on the brink of implementing stricter regulations for online platforms that sell goods. These changes, aimed at enhancing consumer protection and ensuring fair competition, could have profound financial and operational implications for the e-commerce companies involved. The proposed rules, part of the […]
Quiksilver, Billabong Retailer Liberated Brands Files Bankruptcy
Quiksilver, Billabong Retailer Liberated Brands Files Bankruptcy Liberated Brands, the parent company of popular surfwear brands Quiksilver and Billabong, has recently made headlines by filing for bankruptcy. The retailer cited shifting consumer preferences towards fast fashion and rising costs as the primary reasons behind its financial struggles. This move marks a significant shift in the […]
EU to Make E-Commerce Platforms Liable for Unsafe Goods
EU to Make E-Commerce Platforms Liable for Unsafe Goods The European Union is taking a significant step forward in consumer protection by proposing to hold e-commerce platforms accountable for unsafe goods sold on their websites. This move is aimed at ensuring that companies such as Temu, Shein, and Amazon, among others, prioritize the safety and […]
The Business of Beauty Haul of Fame: Show, Don’t Smell
The Business of Beauty Haul of Fame: Show, Don’t Smell In a world where online shopping reigns supreme, the way we experience products has undergone a dramatic shift. From clothing to gadgets, the digital realm has transformed the way we browse, choose, and ultimately purchase items. One industry that has been particularly impacted by this […]
Decoding Fashion and Retail Priorities With BoF and Shopify
Decoding Fashion and Retail Priorities With BoF and Shopify Executives and technology leaders from luxury and fashion brands such as Kering, Hermès, Gucci, Fendi, Nordstrom, Tapestry, Savage x Fenty, Versace, and Value Retail recently converged in New York City for an exclusive dinner hosted by Business of Fashion (BoF) and Shopify. The event served as […]
Is Q-Commerce the Next Big Beauty Opportunity in India?
The rapid rise of quick commerce (or q-commerce) platforms in India presents significant potential for the beauty industry, marking a shift in consumer behavior and shopping preferences. These apps, which promise delivery within just 10 to 20 minutes, have gained immense popularity, especially in urban areas. As experts suggest, this burgeoning market could see substantial […]
YouTube and Shopee Join Forces for New E-Commerce Venture
YouTube and Shopee have announced a strategic partnership that aims to transform the online shopping experience in Southeast Asia, starting with Indonesia. This collaboration, one of the latest developments in the competitive landscape of e-commerce, allows YouTube users to purchase products directly through links to Shopee, a notable player owned by Sea Ltd. The move […]