Latest News

  • Tiffany holiday sales jump 8%, thanks to Europe, China

    Tiffany holiday sales jump 8%, thanks to Europe, China

    Luxury, Monday, 22 January 2018

    Iconic luxury brand Tiffany & Co. has reported an 8% increase in net revenue during the holiday season. Last Wednesday, the company revealed that growth in China and Europe had sent its sales of jewelry, watches, and its new home accessories range, upwards. ...
  • Amazon narrows down search for HQ2 to 20-city shortlist

    Amazon narrows down search for HQ2 to 20-city shortlist

    Ecommerce, Monday, 22 January 2018

    If you’re the mayor of a major American city, then the end of 2017 brought you something new to fantasise about: the possibility that Ecommerce titan Amazon would set up camp, making its “second headquarters” in your jurisdiction. While the idea ...
  • Zalando’s 2018: market share before profit

    Zalando’s 2018: market share before profit

    Luxury, Monday, 22 January 2018

    Zalando’s fourth quarter operating earnings might have recovered, but the online fashion retailer says it’s putting profitability second this year. Instead, the German company will look to take a leaf out of Ecommerce giant – and potential ...
  • Eurofins Scientific acquires Food Analytica Group, pushes into Hungary

    Eurofins Scientific acquires Food Analytica Group, pushes into Hungary

    Managed, Monday, 22 January 2018

    Eurofins Scientific, the world-leading laboratory group that specializes in food testing services (amongst other laboratory analytic services) is pushing into the Hungarian market. Eurofins has long used an acquisition strategy to conquer new markets, picking up ...
  • 2018 to be “an inflection for Netflix” according to analysts

    2018 to be “an inflection for Netflix” according to analysts

    Ecommerce, Friday, 19 January 2018

    Netflix is quickly becoming the king of the SVOD (Streaming Video On Demand) club, with a huge combination of “classic” content from previous years and bold new material that’s winning awards in its own right. Hot off the heels of its success with ...
  • YNAP says more than half sales in 2017 were via mobile

    YNAP says more than half sales in 2017 were via mobile

    Luxury, Friday, 19 January 2018

    In a tipping point for Yoox Net-A-Porter (YNAP), the company has revealed that more than half of its sales in 2017 were made via a mobile device. This was most notable during Ecommerce holiday Cyber Monday, when as much as 96% of orders made were via mobile. ...
  • Mastercard looks to innovate Kenyan Micromerchant businesses

    Mastercard looks to innovate Kenyan Micromerchant businesses

    Ecommerce, Friday, 19 January 2018

    If you’ve never heard of micromerchants before, you can be forgiven: in the many parts of the world, we have nothing like them. In Africa, a micromerchant is someone who makes their living selling very small amounts of goods from a premises that is often just ...
  • Domino’s CEO bids fond farewell to the brand

    Domino’s CEO bids fond farewell to the brand

    Managed, Friday, 19 January 2018

    Last week, Domino’s Pizza CEO Patrick Doyle announced that he was stepping down after eight and a half years at the helm. Doyle is widely regarded as a turnaround artist who set Domino’s on its current – very successful – course. And, by his ...
  • Sergio Marchionne on the future of the auto industry

    Sergio Marchionne on the future of the auto industry

    Managed, Thursday, 18 January 2018

    Sergio Marchionne is one of the auto industry’s longest serving CEOs, and his position at the top of the pyramid for both Ferrari and Fiat Chrysler gives him a unique perspective on its future. And, despite his contention that Ferrari has to protect its brand ...
  • Alphabet continues expansion into health tech with flu vaccine investment

    Alphabet continues expansion into health tech with flu vaccine investment

    Ecommerce, Thursday, 18 January 2018

    Tech titan Alphabet, parent of Google, has long had an interest in the healthcare sector. This was in evidence even before it was Alphabet, when Google (formerly the whole company, now just its biggest and most profitable segment) had a portfolio of businesses like ...
  • Lindt hits new sales record

    Lindt hits new sales record

    Luxury, Thursday, 18 January 2018

    Swiss luxury chocolatier Lindt & Sprüngli has broken its sales record in 2017. Releasing figures earlier this week, the company revealed that it had passed sales of CHF 4.088 billion last year – the first time in its 175-year history that it’s ...
  • GlaxoSmithKline shakes up management to aid innovation

    GlaxoSmithKline shakes up management to aid innovation

    Managed, Thursday, 18 January 2018

    Pharmaceutical giant GlaxoSmithKline (GSK) has shaken up its management team in an effort to bring in new ideas. Emma Walmsley, who became CEO of the group last March, has been grabbing headlines for her bold approach to leadership. Since taking the reigns, she has ...
  • Montblanc looks to capture Rolex, Breitling, price points

    Montblanc looks to capture Rolex, Breitling, price points

    Luxury, Wednesday, 17 January 2018

    Luxury Swiss watchmaker Montblanc is looking to capture territory from Rolex and Breitling, as it debuts a range of sports models that will feature in the €4,000 to €6,000 price range. Montblanc, owned by luxury conglomerate Richemont, already has the ...
  • Alibaba’s AI can read better than humans

    Alibaba’s AI can read better than humans

    Ecommerce, Wednesday, 17 January 2018

    In an unprecedented success, Alibaba’s artificial intelligence (AI) can outperform humans when it comes to reading and comprehension. The company’s deep neural network model was tested last week by Stanford University, in an ordeal that required it to ...
  • LVMH sees watches and jewelry sales rise by “more than” 10% in 2017

    LVMH sees watches and jewelry sales rise by “more than” 10% in 2017

    Luxury, Wednesday, 17 January 2018

    Luxury titan LVMH saw sales of watches and jewelry rise by “more than” 10%, according to a senior member of staff. Ricardo Guadalupe, chief executive of the company’s Hublot brand – a Swiss watchmaker founded in 1980 – revealed the good ...
  • Xylem updates largest wastewater plant in Romania

    Xylem updates largest wastewater plant in Romania

    Managed, Wednesday, 17 January 2018

    Global water technology company Xylem Inc. has recently completed an update to Romania’s largest wastewater facility, the Glina wastewater treatment plant in Bucharest. This was a major undertaking, as the Glina plant has a capacity of 1.3 million population ...
  • Facebook’s newsfeed update – will marketers suffer?

    Facebook’s newsfeed update – will marketers suffer?

    Ecommerce, Tuesday, 16 January 2018

    Facebook founder Mark Zuckerberg gave investors, employees, and Facebook users a shock last week when he promised to “fix” the social media giant. We reported on the news yesterday, but the crux of it is that Zuckerberg wants to prioritise “friends ...
  • Gucci goes gourmet

    Gucci Goes Gourmet

    Luxury, Tuesday, 16 January 2018

    Last Tuesday, haute cuisine met haute couture, as iconic fashion brand Gucci dipped its ever so stylish toe into the world of fine dining. The luxe Gucci Osteria is a green walled restaurant hidden away inside the Gucci Garden – an “experimental ...
  • Activision Blizzard CEO: Overwatch league is growing fast

    Activision Blizzard CEO: Overwatch league is growing fast

    Ecommerce, Tuesday, 16 January 2018

    There are very few subjects in the world of video gaming that are currently as hot as eSports. Industry insiders, analysts, and fans alike all see competitive video gaming modeled around professional sports leagues as the next big evolution for computerized ...
  • Grubhub delivers a more efficient service to restaurants

    Grubhub delivers a more efficient service to restaurants

    Managed, Tuesday, 16 January 2018

    America’s premier food order and delivery service has just served up a treat for the restaurants on its books. Grubhub will partner with NCR Corporation, a “global leader in omnichannel solutions” to help restaurants make the most of takeaway ...
  • Facebook: one step back, two steps forward

    Facebook: one step back, two steps forward

    Ecommerce, Monday, 15 January 2018

    In an effort to ensure better long-term results for the company, Facebook will change its newsfeed, making it more like it used to be. The company has said that posts from “family and friends” will now be featured more prominently than those from ...
  • Richemont sees “solid sales growth” in Q3

    Richemont sees “solid sales growth” in Q3

    Managed, Monday, 15 January 2018

    Luxury conglomerate Richemont saw “solid sales growth” in its third quarter last week, bolstered by strong demand in Asia, and the outperformance of its jewelry segment. The company said sales for the quarter were up 7% at constant currency from the same ...
  • Kering sets Puma free

    Kering sets Puma free

    Luxury, Monday, 15 January 2018

    French luxury conglomerate Kering is divesting itself of its Puma shares earlier than expected. The company has said that it will distribute 70% of its Puma shares to investors, allowing it to focus on the high-end catwalk brands, like Gucci and Saint Laurent, that ...
  • Live Nation acquires Frank Productions in blockbuster deal

    Live Nation acquires Frank Productions in blockbuster deal

    Luxury, Monday, 15 January 2018

    In a blockbuster deal for live music fans, event planner Live Nation has purchased a majority interest in Frank Productions, one of the U.S.’s largest independent promoters. The sale was finalized last Thursday, and will be effective from February 1, bringing ...
  • Amazon.com Inc - Prime loyalty shows in revealing new survey

    Amazon.com Inc - Prime loyalty shows in revealing new survey

    Ecommerce, Friday, 12 January 2018

    A new study by Feedvisor, an algo-commerce company that combines big data and machine-learning algorithms to advise online retailers, has shown that Amazon’s Prime customers show near unparalleled brand loyalty. The study looked at 1600 Amazon customers in ...
  • Netflix set to be second only to Disney by 2023

    Netflix set to be second only to Disney by 2023

    Ecommerce, Friday, 12 January 2018

    Netflix established itself in the UK, the world's 5th largest media market, in 2012. It was revealed today through a survey by the Broadcaster’s Audience Research Board that 7.5million UK households now subscribe to Netflix, as of the third quarter of 2017. ...
  • Facebook field tests “Today In” feed

    Facebook field tests “Today In” feed

    Managed, Friday, 12 January 2018

    With fake news dominating headlines (in multiple senses) since the election of Donald Trump in 2016, many people are increasing their demand for vetted and sourced journalism. In response to this in January 2017 Facebook announced The Facebook Journalism Project ...
  • Google amalgamates pay platforms in new Google Pay

    Google amalgamates pay platforms in new Google Pay

    Managed, Friday, 12 January 2018

    In a blog this week Pali Bhat, Vice President of Product Management, Payments for Google announce the imminent merger of all Google’s various payment programs into one encompassing brand - Google Pay. Google’s payment solution site has already been ...
  • Activision Blizzard - City franchise leagues reach esports as Overwatch competition begins

    Activision Blizzard - City franchise leagues reach Esports as Overwatch competition begins

    Ecommerce, Thursday, 11 January 2018

    Yesterday Activision Blizzard launched their Overwatch videogame league in a test of whether esports can match their more traditional counterparts in attracting audiences and the paying advertisers that come with them. The global esports market generated ...
  • Soviet chic meets terrace fashion for new Burberry collection

    Soviet chic meets terrace fashion for new Burberry collection

    Luxury, Thursday, 11 January 2018

    London Fashion Week Men's took place this week and Burberry unveiled its latest collection there on the same day as it was released in stores, simultaneously enjoying a football themed launch, at Dover Street Market in Piccadilly and Burberry stores around the ...