Ebay Sues Amazon and Tommy Hilfiger Touches Hearts
EBAY SUES AMAZON Ebay sued e-commerce rival Amazon this week, alleging that they compromised Ebay's internal messaging system to poach successful sellers. According to the lawsuit, dozens of international Amazon sales representatives used Ebay’s internal user messaging system to
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Sears May Be Facing Its Final Days and DSW Acquires Camuto Group
IS THIS GOODBYE, SEARS? At one point, Sears was America's largest retailer and employer. Its decline dates back to the pre-digital era, before the online threat to brick-and-mortar retailers. Impending endings are the worse, and signs of bankruptcy loomed in
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Walmart Acquires Eloquii and Amazon Cuts Bonuses
WALMART ACQUIRES ELOQUII Walmart's acquisition strategy is in full effect. To enhance its digital offerings, the company is adding brands to its portfolio that offer unique products and experiences, while adding new customer profiles to its shopper base. The newest
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Michael Kors Acquires Versace and Brand Counterfeiting Gains Momentum
MICHAEL KORS ACQUIRES VERSACE Michael Kors is working to build a global fashion house. With the prior purchase of Jimmy Choo and its newest acquisition of Versace, Kors is shedding its contemporary label - and moniker. The company will be
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Nike Ad Triggers a Spike in Sales and Diesel Takes A Stand on Cyber Bullying
NIKE AD TRIGGERS A SPIKE IN SALES Nike's latest ad campaign featuring NFL free agent Colin Kaepernick has caused an explosion - of reactions and sales. The calculated statement was indeed polarizing, as some customers have destroyed their Nike merchandise
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Mobile Commerce To Take Over in 2019 And Amazon Is The New Outlet Mall
MOBILE COMMERCE TO TAKEOVER IN 2019 As consumers turn to online and mobile channels to make purchases traditionally made in stores, the number of global m-commerce transactions will surpass e-commerce by 2019. According to forecasts by 451 Research, China will
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Amazon Reaches $1 Trillion and Burberry Has A Retail Revelation
AMAZON REACHES $1 TRILLION A few weeks ago, we talked about Amazon's proximity to the trillion dollar mark. Now the digital behemoth has crossed the symbolic milestone, following Apple as the second US company to reach a trillion dollar valuation.
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J. Crew Gets Reworked and Net-a-Porter Goes After New Designers
A NEW J.CREW Retail veteran James Brett has a new plan for J. Crew: lower prices and offer more sizes. He plans to make the brand less singular in its preppy focus and expand labels and partnerships that the
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