Latest News

  • Amazon buys stake in Deliveroo, sights set on lucrative food delivery market

    Amazon buys stake in Deliveroo, sights set on lucrative food delivery market

    Ecommerce, Tuesday, 21 May 2019

    It’s an on-going question: which industry will Amazon disrupt next? At the end of last week, we got an answer: the lucrative food delivery market. Although Amazon isn’t pumping money into its own service – rather, it’s taken a stake in ...
  • In China, even motor races are evolving towards driverless cars

    In China, even motor races are evolving towards driverless cars

    Managed, Tuesday, 21 May 2019

    Depending how you look at things, this story is either a curious triviality, or a sign of things to come. In China, the eastern city of Tianjin to be precise, the world has just witnessed a race between “dozens” of self-driving cars. The robotic racers ...
  • Baidu posts first loss since going public as China slowdown hits business

    Baidu posts first loss since going public as China slowdown hits business

    Ecommerce, Tuesday, 21 May 2019

    Baidu, China’s most popular search engine, often called the Chinese Google, posted its first loss since 2005 last week. The company said that rising costs and slowing sales were to blame, but CEO Robin Li nonetheless praised the company’s ...
  • Charles River acquires Resero Analytics

    Charles River acquires Resero Analytics

    Managed, Tuesday, 21 May 2019

    Charles River Laboratories, a market-leader in the provision of analytic laboratory services for the biopharmaceutical and other industries, has announced its acquisition of Resero Analytics. Resero is a software company that specialises in providing software ...
  • Alibaba smashes Street’s expectations, defies China slowdown, and raises guidance

    Alibaba smashes Street’s expectations, defies China slowdown, and raises guidance

    Ecommerce, Monday, 20 May 2019

    Chinese ecommerce giant Alibaba smashed the Street’s expectations for the three months ending March 31, beating on top- and bottom-lines as well as showing a strong underlying business. The company’s results will be a welcome piece of news for those ...
  • Farfetch stock bounces on mixed results

    Farfetch stock bounces on mixed results

    Luxury, Monday, 20 May 2019

    Online fashion platform Farfetch saw its share price rocket up then back down again sharply as it released results this week. The reason for that spike was the mixed nature of the results in question. No one expected it to be a profitable quarter for the stock, but ...
  • GoDaddy goes to war against fake supplements online

    GoDaddy goes to war against fake supplements online

    Managed, Monday, 20 May 2019

    If you’ve ever read the contents of your spam email folder, you will probably be aware of the huge trade online in dodgy health supplements. The pitches are not usually sophisticated: this pill will enlarge something, that potion can make you a genius, and ...
  • Compass Group sees its share price jump on back of strong first half

    Compass Group sees its share price jump on back of strong first half

    Managed, Monday, 20 May 2019

    British catering giant Compass Group – the world’s largest caterer – has had such a good first half to the year that it now expects growth and margins “similar to 2018” according to its CEO, Dominic Blakemore. That’s great news ...
  • Adobe confident despite trade war

    Adobe confident despite trade war

    Ecommerce, Friday, 17 May 2019

    Creative software maker Adobe remains confident of its performance this year, despite recent accelerations of the trade war between China and the US. Last week, President Trump added further tariffs on Chinese goods after talks broke down. Despite his threats not to ...
  • Alphabet looks to consolidate lead in online advertising

    Alphabet looks to consolidate lead in online advertising

    Managed, Friday, 17 May 2019

    There are really only three big names in online advertising: Google, Facebook, and Amazon. The first of those is undoubtedly the industry’s dominant force – and it plans to stay on top. This week, Alphabet’s Google looked to consolidate its lead on ...
  • Want to drive a real James Bond supercar? You’re in luck…

    Want to drive a real James Bond supercar? You’re in luck…

    Luxury, Friday, 17 May 2019

    British luxury car maker Aston Martin Lagonda, best known (in popular media, at least) as the provider of choice for fictional British superspy James Bond, is bringing a unique vehicle to market. The company has announced that it is re-creating the iconic DB5 ...
  • Farfetch embraces pre-loved designer handbags

    Farfetch embraces pre-loved designer handbags

    Luxury, Friday, 17 May 2019

    Luxury fashion platform Farfetch is launching an online pilot to support its sustainability strategy: the name of the game is used designer handbags, and Farfetch hopes to contribute to a circular fashion economy by buying and selling them online. The company says ...
  • Big Pharma turns its attention to China

    Big Pharma turns its attention to China

    Luxury, Thursday, 16 May 2019

    GlaxoSmithKline (GSK) and its peers are setting their sights on China. The world’s major drug makers (along with GSK, only three other companies really fit the bill: Merck, Pfizer, and Sanofi Pasteur) are looking for lucrative new markets, and China has ...
  • Mixed results cause a drop, then a rise, in Take-Two’s share price

    Mixed results cause a drop, then a rise, in Take-Two’s share price

    Luxury, Thursday, 16 May 2019

    Take-Two Interactive, developers and publishers of market-leading video game franchises like Grand Theft Auto and Red Dead Redemption reported a mixed bag of earnings this week that sent its share price down sharply. Then up sharply. Why the indecision? Well, the ...
  • Amazon deepens multichannel offering with click-and-collect counters in UK and Italian retail stores

    Amazon deepens multichannel offering with click-and-collect counters in UK and Italian retail stores

    Ecommerce, Thursday, 16 May 2019

    Amazon is evolving its online retail platform further into the offline world, driving its way deeper into the high street and trying to take ownership of new, multichannel, shopping models. The ecommerce giant announced this week that it’s installing ...
  • Constellation Brands is winning in beer – and it’s positioned to win some more

    Constellation Brands is winning in beer – and it’s positioned to win some more

    Luxury, Thursday, 16 May 2019

    Guess what, the beer industry is kind of in decline nowadays. But one company, at least, is bucking that trend: Constellation Brands’ beer portfolio (which is dominated by the Corona and Modelo families of beer) has delivered an incredible 36 consecutive ...
  • Clegg responds to breakup calls from Facebook co-founder

    Clegg responds to breakup calls from Facebook co-founder

    Ecommerce, Wednesday, 15 May 2019

    In a recent op-ed for the New York Times, one of Facebook’s co-founders referred to the company as a monopoly and claimed Mark Zuckerberg has “too much power” over it. Now, you may be scratching your head at the mention of a Facebook co-founder ...
  • Givaudan offers advice to smaller prospective partners

    Givaudan offers advice to smaller prospective partners

    Managed, Wednesday, 15 May 2019

    Do you want to work with scent and flavour giant Givaudan, the company behind many of the tastes and aromas we take for granted in everyday life? If so, then Alex Bastos, the company’s global director of innovation, has some advice for you. Speaking at the ...
  • Alibaba looks to international markets for growth

    Alibaba looks to international markets for growth

    Ecommerce, Wednesday, 15 May 2019

    Chinese ecommerce powerhouse Alibaba is looking to let sellers from more countries onto its international platform, AliExpress, in a bid to supercharge growth. AliExpress, at the moment, enables Chinese sellers to access markets in more than 150 countries worldwide. ...
  • EssilorLuxottica solves leadership dispute – peace breaks out between France and Italy

    EssilorLuxottica solves leadership dispute – peace breaks out between France and Italy

    Luxury, Wednesday, 15 May 2019

    EssilorLuxottica, the eyewear giant that was once the world’s pre-eminent lens maker (France’s Essilor) and the world’s biggest frame maker (Italy’s Luxottica) has finally sorted out the leadership dispute that has plagued its short life so ...
  • JD.com crushes the Street’s predictions for first quarter

    JD.com crushes the Street’s predictions for first quarter

    Ecommerce, Tuesday, 14 May 2019

    Chinese ecommerce giant JD.com, the country’s second-largest online retailer after Alibaba, reported earnings last week that absolutely blew the Street’s expectations out of the water. With the backing of massive western partners Walmart and Alphabet, ...
  • Amazon announces major move towards automation at its US warehouses

    Amazon announces major move towards automation at its US warehouses

    Ecommerce, Tuesday, 14 May 2019

    Ecommerce giant Amazon made a shock announcement yesterday: it’s automating a significant number of box-packers in its US-based warehouses. Why the shock? Although automation has long been assumed to be “just around the corner” there has been no ...
  • Rihanna & LVMH: it’s official, and it’s coming soon

    Rihanna & LVMH: it’s official, and it’s coming soon

    Luxury, Tuesday, 14 May 2019

    Earlier reports have been confirmed and it’s now official: the world’s largest luxury conglomerate, LVMH, and Barbadian pop-fashion sensation Rihanna, are joining forces to create a new fashion house. The joint venture will be launched under ...
  • Marriott beats on earnings, but weak guidance holds share price back

    Marriott beats on earnings, but weak guidance holds share price back

    Luxury, Tuesday, 14 May 2019

    Marriott International, the world’s largest luxury hotelier, reported earnings last week that exceeded analysts’ predictions. That was a nice surprise for investors, but less-welcome was an underwhelming guidance for the coming year and second-quarter. ...
  • As tinder numbers rise, so does Match’s share price

    As tinder numbers rise, so does Match’s share price

    Ecommerce, Monday, 13 May 2019

    Online dating giant Match Group reported quarterly earnings last week, demonstrating that the main driver of the company’s growth remains casual dating app Tinder. Tinder, which is geared to “hook-up” culture, and popular among time-lite ...
  • Spotify is listening, with interactive ads

    Spotify is listening, with interactive ads

    Luxury, Monday, 13 May 2019

    Music streaming market leader Spotify is experimenting with new ad technology that promises to bring sponsors and listeners closer together than ever before. As of right now, the tech, which focuses on voice activation software, will be used to refer listeners ...
  • Facebook will work out of London to drive global WhatsApp mobile payments

    Facebook will work out of London to drive global WhatsApp mobile payments

    Ecommerce, Monday, 13 May 2019

    Facebook, the world’s largest social media platform, is looking to monetise its market-leading messenger app WhatsApp. That’s been the plan for a while, but various elements, such as a spate of scandals over privacy and politics, have stymied the ...
  • Booking Holdings: mixed results, but strong fundamentals send the share price up

    Booking Holdings: mixed results, but strong fundamentals send the share price up

    Ecommerce, Monday, 13 May 2019

    Booking Holdings released a mixed earnings report for the first quarter of 2019, but while metrics were up and down, the company’s underlying business looks strong. That was enough, it seems, for investors to rally around the stock, sending it up steeply at ...
  • Adidas profit soars, share price hits new high as a result

    Adidas profit soars, share price hits new high as a result

    Luxury, Friday, 10 May 2019

    German sporting apparel brand Adidas, best known as the sneaker maker that vies with American giant Nike for control over sports sponsorship in games like soccer and basketball, reported first quarter earnings last Friday that sent its share price soaring to a new ...
  • Ferrari’s latest quarterly figures beat the Street, share price races out ahead

    Ferrari’s latest quarterly figures beat the Street, share price races out ahead

    Luxury, Friday, 10 May 2019

    Luxury racing car icon Ferrari reported earnings at the beginning of the month demonstrating that, despite worries in the wider auto industry, there’s no shortage of demand for its immensely exclusive supercars. The company’s results were so strong that ...