Latest News

  • Tencent beats the Street and sends share price up

    Tencent beats the Street and sends share price up

    Ecommerce, Friday, 25 May 2018

    Chinese Ecommerce giant Tencent, the country’s leading force in social networking and mobile gaming, reported first quarter earnings in may, sending its share price up. The company put its better-than-expected net profit and gross profit margin for the three ...
  • There’s nothing “Koi” about Alibaba’s supermarket ambitions

    There’s nothing “Koi” about Alibaba’s supermarket ambitions

    Ecommerce, Friday, 25 May 2018

    Chinese Ecommerce titan Alibaba is pushing into the offline retail world with a vengeance. In May, we got one of the more surreal demonstrations of that fact, as executives from various international seafood companies across 13 countries convened on Hangzhou, ...
  • Lindt pushes into Asia for further growth

    Lindt pushes into Asia for further growth

    Luxury, Friday, 25 May 2018

    The world’s most iconic luxury chocolatier, Lindt & Sprüngli (Lindt) is making a play to engage further with Asian audiences, seeking to leverage the region for further growth. Its mission began in earnest earlier this month, when it attended the Tax ...
  • Assa Abloy acquires Pioneer Industries

    Assa Abloy acquires Pioneer Industries

    Managed, Friday, 25 May 2018

    The world’s largest lock maker, Assa Abloy, has signed an agreement to acquire Pioneer Industries, a U.S.-based manufacturer and supplier of steel doors and frames for the commercial market. Pioneer has a 90 year history, and (according to its website) has ...
  • Netflix chief content officer: original is where it’s at

    Netflix chief content officer: original is where it’s at

    Ecommerce, Thursday, 24 May 2018

    Streaming Video On Demand (SVOD) market leader Netflix knows what it’s content strategy needs to be if it’s going to outpace its rivals: original, original, original. The company, which shot to international superstardom over the last few years, and ...
  • Inditex works to ensure fast fashion can be sustainable fashion

    Inditex works to ensure fast fashion can be sustainable fashion

    Luxury, Thursday, 24 May 2018

    Spanish fast fashion giant Inditex is leading a revolution in the industry towards more sustainable business. One example: in the past, cut-off scraps from Inditex’s clothing would either be used to stuff furniture or thrown into a landfill in the Spanish town ...
  • LVMH looks to boost digital innovation with major investment in Lyst

    LVMH looks to boost digital innovation with major investment in Lyst

    Luxury, Thursday, 24 May 2018

    The world’s largest luxury conglomerate, LVMH, is looking to accelerate its strategy of boosting digital innovation with “a major investment” in Lyst. This won’t be the two companies’ first involvement with one another – LVMH has ...
  • Givaudan completes Centroflora Nutra acquisition

    Givaudan completes Centroflora Nutra acquisition

    Managed, Thursday, 24 May 2018

    Frangrance and flavour giant Givaudan completed its acquisition of Centroflora Nutra this month. Centroflora Nutra is the nutrition division of Centroflora Group, which is a global leader in the manufacturing of “natural extracts” such as botanical ...
  • Brown-Forman Corp. finds new Italian distributor

    Brown-Forman Corp. finds new Italian distributor

    Luxury, Wednesday, 23 May 2018

    World famous distiller Brown-Forman Corp., the company responsible for Jack Daniels bourbon and its various iterations, as well as Woodford Reserve and Finlandia Vodka, has a new Italian distributor: Gruppo Montenegro, an Italian spirits and food manufacturer. Of ...
  • Zalando’s first quarter hit by the cold, but beauty product launches make up for it

    Zalando’s first quarter hit by the cold, but beauty product launches make up for it

    Ecommerce, Wednesday, 23 May 2018

    Europe’s biggest online fashion retailer, Zalando, reported first quarter earnings in May. It was a mixed bag: on the one hand, a slow start to spring and un-seasonally cold weather hit profitability, but the company’s launch of beauty products in ...
  • Just Eat ties its fortunes to Love Island

    Just Eat ties its fortunes to Love Island

    Managed, Wednesday, 23 May 2018

    Take away food order and delivery service Just Eat is stumping up sponsorship for an unlikely UK property: reality TV show Love Island. The concept behind the program is simple: a group of British singletons are sent to Majorca where they get to sun themselves and ...
  • Hexagon acquires ProCAM Srl, pushes into Italy

    Hexagon acquires ProCAM Srl, pushes into Italy

    Managed, Wednesday, 23 May 2018

    Hexagon, the industrial measurement specialists that use a range of high-tech tools to help a variety of industries conceptualise space, has acquired ProCam Srl, an Italian distributor of some of its software solutions. ProCAM was founded in 1995 with a pretty ...
  • EBay pulls out of Flipkart, looks to relaunch eBay India instead

    EBay pulls out of Flipkart, looks to relaunch eBay India instead

    Ecommerce, Tuesday, 22 May 2018

    Earlier this month, online auction veteran eBay decided to pull out of Flipkart. Flipkart, an Indian online retailer, had been the former company’s way in to the country. Ebay had sold its operations in the country to Flipkart, and taken a minority stake in ...
  • Apitv’s share price jumped in May thanks to a strong first quarter

    Apitv’s share price jumped in May thanks to a strong first quarter

    Managed, Tuesday, 22 May 2018

    Aptiv, the self-driving, connected car, and related tech company that used to be Delphi Automotive, reported a strong first quarter at the beginning of May, sending its share price higher. The company is perfectly positioned to be a key player in the trend towards ...
  • Carnival Corp makes deal for new Dubai cruise terminal

    Carnival Corp makes deal for new Dubai cruise terminal

    Luxury, Tuesday, 22 May 2018

    Carnival Corp., the world’s largest cruise ship operator, has partnered with a developer (Dubai-based Meraas holding company) to create a new cruise terminal in Dubai. The company is looking to offer more Dubai cruise departures, and bring in travellers from ...
  • GSK’s CFO set to retire next year

    GSK’s CFO set to retire next year

    Managed, Tuesday, 22 May 2018

    Glaxosmithkline (GSK) is set to see yet more change at the top. The pharmaceutical giant is still evolving as CEO Emma Walmsley – who took the reigns just over a year ago, in April 2017 – looks to shuffle her senior team and poach new talent from ...
  • Luxury’s in full swing, now rules France’s CAC 40 index

    Luxury’s in full swing, now rules France’s CAC 40 index

    Luxury, Monday, 21 May 2018

    If you were wondering whether talk about a luxury resurgence over the past year was overblown, you may want to take a look at France’s CAC 40 Index. It’s the second-best performer among its peers, and is currently trading at pre-2007 levels – and ...
  • Adidas and Wang work together to disrupt the fashion world

    Adidas and Wang work together to disrupt the fashion world

    Luxury, Monday, 21 May 2018

    Alexander Wang is no stranger to high fashion, and he’s no stranger to cool sporting brand Adidas, for whom he designed his third Originals collection. This time round, Wang’s work will focus on “production errors and factory ...
  • Compass Group gets narrowed focus under new CEO

    Compass Group gets narrowed focus under new CEO

    Managed, Monday, 21 May 2018

    Earlier this year, Dominic Blakemore, the new chief executive at the world’s biggest catering firm, Compass Group, got a nasty shock: his predecessor had been killed in a plane accident, and he had to step up to the role early. It was a tragic event that left ...
  • FedEx: blockchain is logistics ‘next frontier’

    FedEx: blockchain is logistics ‘next frontier’

    Ecommerce, Monday, 21 May 2018

    Delivery giant FedEx thinks it might have found the next big thing when it comes to package deliveries: blockchain. The technology uses computer code to create a permanent digital record of every step in a transaction. This provides unparalleled transparency, and ...
  • TV’s drawn-out death scene continues with new demographic data

    TV’s drawn-out death scene continues with new demographic data

    Ecommerce, Friday, 18 May 2018

    It seems like traditional TV has something new to worry about every month. This month, it’s the age of its audiences, and it adds yet more proof that Streaming Video On Demand (SVOD) services are primed to usurp TV as viewers (and, therefore, advertisers) mode ...
  • The integration of Whole Foods into Amazon’s ecosystem has begun

    The integration of Whole Foods into Amazon’s ecosystem has begun

    Ecommerce, Friday, 18 May 2018

    Ecommerce giant Amazon’s most powerful feature is its incredibly sticky ecosystem. You subscribe to Prime for the free postage and quick delivery, which incentivises you to shop there even more – after all, free postage means the value of Prime is scaled ...
  • Richemont unveils new “affordable” watch brand: Baume

    Richemont unveils new “affordable” watch brand: Baume

    Luxury, Friday, 18 May 2018

    Richemont, the luxury giant known for its watch and jewelry brands, like Cartier, Baume & Mercier, and Van Cleef & Arpels, is branching out into “affordable” luxury – with a distinctly Millennial flavour. A few days ago, the company ...
  • Xylem’s tech to bring low cost drinking water to yet another city

    Xylem’s tech to bring low cost drinking water to yet another city

    Managed, Friday, 18 May 2018

    Global water technology company Xylem Inc. is quietly seeing its products installed in cities all over the globe, the latest of which is Grand Forks in North Dakota. As the world faces a water crisis – the inevitable convergence of trends towards global ...
  • Samsonite sees “very satisfying results” in first quarter

    Samsonite sees “very satisfying results” in first quarter

    Luxury, Thursday, 17 May 2018

    World leader in luxury luggage Samsonite reported earnings for its first quarter in May, demonstrating results that the company’s CEO Ramesh Tainwala describes as “very satisfying”. Tainwala noted that there had been “growth across all ...
  • Google is making good on its promise to revitalise its cloud business

    Google is making good on its promise to revitalise its cloud business

    Ecommerce, Thursday, 17 May 2018

    One thing that was readily apparent at the posting of Silicon Valley giant Google’s last quarterly earnings results was this: the company wants to start taking its cloud hosting business more seriously, and recapture lose ground to competitors like Amazon Web ...
  • How popular are Ferrari? Tomorrow is the UK’s first “Ferrari-only” auction!

    How popular are Ferrari? Tomorrow is the UK’s first “Ferrari-only” auction!

    Luxury, Thursday, 17 May 2018

    If you happen to be at the iconic Silverstone racing circuit tomorrow, you might just be able to pick up a Ferrari at a bargain. In a strong display of the most luxurious of luxury supercar brand’s popularity, Friday 18 May will see the United Kingdom’s ...
  • Alibaba to bring online training to the travel industry

    Alibaba to bring online training to the travel industry

    Managed, Thursday, 17 May 2018

    Ecommerce giant Alibaba wants Chinese online travel agents to do a better job. That’s why its opening a “New Tourism Academy” to help the players in this hypercompetitive industry to excel. The course content will focus on the online elements of ...
  • Understanding the extent of Amazon’s gross profit win

    Understanding the extent of Amazon’s gross profit win

    Ecommerce, Wednesday, 16 May 2018

    Earlier this month, we discussed Amazon’s most recent, and incredibly strong, quarterly earnings. Now, we’d like – very briefly – to revisit one element of them: the Ecommerce giant’s immense gross profit figure. The company added $7 ...
  • Dropbox beats the Street on every metric, sending the share price… down?

    Dropbox beats the Street on every metric, sending the share price… down?

    Managed, Wednesday, 16 May 2018

    Cloud software company Dropbox reported earnings earlier this month that demonstrated incredible strength: the company beat on revenue, earnings, and offered a higher guidance than analysts had been hoping to see. It gained more users than the consensus estimates ...