Latest News

  • China’s Singles’ Day hits staggering new heights

    China’s Singles’ Day hits staggering new heights

    Ecommerce, Friday, 17 November 2017

    China’s Singles’ Day – a kind of anti-Valentine’s, where singletons get together to party – is by far the world’s biggest Ecommerce event. It started in Chinese universities, when students noticed that the date 11 / 11 was a ...
  • Tencent crushes analysts’ expectations in third quarter

    Tencent crushes analysts’ expectations in third quarter

    Ecommerce, Friday, 17 November 2017

    Chinese technology giant Tencent, the country’s king of mobile gaming and online messaging, blew analysts’ expectations out of the water this week when it reported its third quarter earnings. For the three-month period through September, the company ...
  • An eye on Christian Dior’s new CEO

    An eye on Christian Dior’s new CEO

    Luxury, Friday, 17 November 2017

    With a major shake up going on in luxury titan LVMH’s management team, few appointments will be as important as the new top man at Christian Dior, long considered a jewel in the group’s crown. That man, Pietro Beccari, is currently in charge of another ...
  • Assa Abloy: digital locks will be sales driver

    Assa Abloy: digital locks will be sales driver

    Managed, Friday, 17 November 2017

    According to global door, key, and security expert, Assa Abloy, homes converting to digital locks in the near future will be an important driver of growth. The company’s CEO, Johan Molin, who will step down next year, told Reuters that 2018 would be a strong ...
  • Match Group really ‘has the hots’ for Bumble

    Match Group really ‘has the hots’ for Bumble

    Ecommerce, Thursday, 16 November 2017

    In August, online dating guru Match Group – the company behind popular matchmaking services like Match.com, PlentyOfFish, and Tinder – made a play for smaller, female-friendly, rival Bumble. Now, it’s seeing whether perseverance really does pay ...
  • Middle East is the new cruise destination everyone’s got to visit

    Middle East is the new cruise destination everyone’s got to visit

    Luxury, Thursday, 16 November 2017

    In 2009, 87 cruise ships docked in Dubai. Yet, in the last winter season alone, that figure had almost doubled to 157. What’s driving this rapid expansion? In part, it is down to infrastructural investments by Middle Eastern countries that make the area more ...
  • Google pushes for even more search dominance with Firefox deal

    Google pushes for even more search dominance with Firefox deal

    /managed-news-feed-articles, Thursday, 16 November 2017

    Mozilla Corporation has delivered a major update to its popular web browser, Firefox. Users will find plenty of new features, and one old one: the presence of Google as its default search engine. Although Firefox originally came with Google as default search ...
  • Samsonite: robust results send share price up 3.5%

    Samsonite: robust results send share price up 3.5%

    Luxury, Thursday, 16 November 2017

    Global luggage kingpin Samsonite reported robust third-quarter earnings this week that sent its share price up by 3.5%. The company said that net sales, at constant currency, grew by 18.7% year on year. Minus Tumi, which Samsonite acquired last year, that becomes ...
  • Amazon expands service to Tolkien’s Middle Earth

    Amazon expands service to Tolkien’s Middle Earth

    Ecommerce, Wednesday, 15 November 2017

    This week, Amazon dropped a bombshell: it has acquired the global TV rights to ‘Lord of the Rings’ – J. R. R. Tolkien’s iconic fantasy novel in three parts. Lord of the Rings is the third best-selling book (because, according to Tolkien, it ...
  • JD.com posts surprise quarterly profit

    JD.com posts surprise quarterly profit

    Ecommerce, Wednesday, 15 November 2017

    JD.com, China’s second-largest online retailer, posted quarterly figures for the three months ending September 30 that showed a surprise profit which beat analysts’ expectations. The company said that net income was 1 billion yuan ($151 million) against ...
  • Live Nation best LGBTQ employer in U.S.

    Live Nation best LGBTQ employer in U.S.

    Luxury, Wednesday, 15 November 2017

    According to the Human Rights Campaign, live event mastermind Live Nation is the best place to work in the U.S. if you are lesbian, gay, bisexual, transgender, or queer (LGBTQ). The Campaign rated 947 of the nation’s biggest businesses, and Live Nation was one ...
  • LVMH shakes up management to reflect changes in luxury sector

    LVMH shakes up management to reflect changes in luxury sector

    Luxury, Wednesday, 15 November 2017

    The world’s largest luxury group, LVMH, has moved top talent around its many boardrooms in  what is, according to the New York Times, “a sign that the turbulence that has significantly altered the luxury creative landscape in recent years has moved ...
  • African growth is all about MCommerce – Visa looks to capitalize

    African growth is all about MCommerce – Visa looks to capitalize

    Ecommerce, Tuesday, 14 November 2017

    Sub-Saharan Africa is undergoing a transformation, as MCommece solutions bring a level of financial agility and security to the continent that is unprecedented. Ethiopia, Africa’s fastest growing economy, is a good example: the country’s GDP is forecast ...
  • Understanding the scale of Alibaba’s success

    Understanding the scale of Alibaba’s success

    Ecommerce, Tuesday, 14 November 2017

    Alibaba is a dominant force in Chinese Ecommerce. In 2015, the company accounted for an incredible three quarters of China’s online retail, and it has plenty of other industries in its sights. Alibaba is also catering to a diverse consumer base – ...
  • Richemont releases first-half earnings report for 2017

    Richemont releases first-half earnings report for 2017

    Luxury, Tuesday, 14 November 2017

    The world’s second largest luxury company, Richemont, released an earnings report for the first half of its financial year (ending September 30). The company, which is known for a variety of high-end brands like Cartier and Van Cleef & Arpels, said sales ...
  • Givaudan makes huge commitment to sustainability with 2020 goal

    Givaudan makes huge commitment to sustainability with 2020 goal

    Managed, Tuesday, 14 November 2017

    Global scent and flavor industry market leader Givaudan, which is responsible for an enormous portion of the aromas and tastes we come into contact with every day, has made a huge commitment to sustainability. The company, which buys around 10,000 different raw ...
  • Will Silicon Valley make a play for finance?

    Will Silicon Valley make a play for finance?

    Ecommerce, Monday, 13 November 2017

    Amazon used to be an online bookseller. Now, it publishes books too, and has innovated the industry with the creation of its Kindle e-reader. And it doesn’t just sell books – those days are long behind it – now it sells pretty much any product you ...
  • Climate change: a threat to us all, but also an opportunity

    Climate change: a threat to us all, but also an opportunity

    Managed, Monday, 13 November 2017

    The effects of climate change are not just “on the way” – we’re already seeing them. Flooding, droughts, and rising temperatures are all examples of phenomena directly caused by the emission of greenhouse gases, and they are just the ...
  • Richemont promotes from within to speed up watch recovery

    Richemont promotes from within to speed up watch recovery

    Luxury, Monday, 13 November 2017

    Luxury giant Richemont, the company behind brands such as Cartier, Dunhill, and Montblanc, is looking to speed up recovery at its watch business. To do so, it has appointed Richemont veteran Jerome Lambert to the newly created role of chief operating officer. ...
  • Visa innovates payments for Olympic athletes and fans

    Visa innovates payments for Olympic athletes and fans

    Ecommerce, Monday, 13 November 2017

    Global cashless payment provider Visa has created three new wearable payment devices to celebrate the 2018 Olympic Winter Games in PyeongChang. The new products all use contactless technology, enabling users to wave them over any contactless-enabled terminal to ...
  • Alibaba prepares retail experiment for Singles’ Day

    Alibaba prepares retail experiment for Singles’ Day

    Ecommerce, Friday, 10 November 2017

    Chinese Ecommerce giant Alibaba is planning to reinvigorate physical retail this November 11, as it unveils a bold new plan for Singles’ Day. Singles’ Day is the cynical alternative to Valentine’s Day that has taken hold in the country – it ...
  • EA Boss: video game industry moving towards subscription based model

    EA Boss: video game industry moving towards subscription based model

    Ecommerce, Friday, 10 November 2017

    In a recent interview, Electronic Arts (EA) CEO Andrew Wilson has said that it may eventually stop releasing new versions of its most popular video games, relying on updates delivered through a subscription-based model. This is an industry trend that’s been ...
  • Carnival Corp signs agreement with Shell to power greener cruise ships

    Carnival Corp signs agreement with Shell to power greener cruise ships

    Luxury, Friday, 10 November 2017

    Carnival Corporation, the world’s most popular cruise line, has signed an agreement with Shell to power North America’s first fully LNG-powered cruise ships. LNG is the world’s most sustainable fossil fuel, and will power two new ships that are ...
  • Amadeus adds Premier Inn to hotel services – Intercontinental next

    Amadeus adds Premier Inn to hotel services – Intercontinental next

    Managed, Friday, 10 November 2017

    Travel IT guru Amadeus has added Premier Inn to the list of names using its hotel management system. The company said that the hotel group would be using its combined central reservation system, property management system, and its payment system across 765 ...
  • Chinese travel market continues to grow – Ctrip looks to dominate

    Chinese travel market continues to grow – Ctrip looks to dominate

    Luxury, Thursday, 09 November 2017

    The sheer scale of China’s travel market is massive. It is the largest cruise market in the world, and the Air Transport Association says that it will only take the country’s air travel market five years to catch up. By 2022, China will have more people ...
  • Tencent buys 12% stake in Snap

    Tencent buys 12% stake in Snap

    Managed, Thursday, 09 November 2017

    Chinese technology giant Tencent has bought a 12% stake in Snapchat owner Snap. This news bodes well for Snap, which has struggled to hold its own against Facebook – it’s an inflow of money, but also of experience. Few companies have Tencent’s ...
  • Zalando: revenue up 28.7% despite weak October

    Zalando: revenue up 28.7% despite weak October

    Ecommerce, Thursday, 09 November 2017

    German fashion retailer Zalando reported third quarter earnings this week that demonstrated a strong underlying business – even if there were a few points that investors didn’t celebrate. The company said that a “weaker than expected October” ...
  • Domino’s has high-tech solution for common pizza woes

    Domino’s has high-tech solution for common pizza woes

    Managed, Thursday, 09 November 2017

    According to pizza patriarch Domino’s, there are two really common complaints that customers have about their favourite fast food – and they both focus on toppings. The company said that people particularly dislike it when there is either not enough of a ...
  • Amazon pushes further into own brand territory

    Amazon pushes further into own brand territory

    Ecommerce, Wednesday, 08 November 2017

    Ecommerce giant Amazon became successful by selling other people’s goods on its online platform, starting with books in the 90s, and moving through to a huge range of items today, that includes electronics, clothing, toys, and more. Earlier this year, news ...
  • Skyworks Solutions posts fourth quarter earnings, beats expectations

    Skyworks Solutions posts fourth quarter earnings, beats expectations

    Ecommerce, Wednesday, 08 November 2017

    Skyworks Solutions, a semiconductor company poised to benefit from the trend towards the Internet of Things (broadly speaking, the widespread connection of numerous devices to the internet) posted fourth quarter earnings this week, exceeding expectations for ...