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Adidas Finally Tackles Huge Inventory Problem with the Launch of Massive Yeezy Sale

Since its breakup with Kanye West, Adidas has struggled to dispose of 1.2 billion euros ($1.3 billion) worth of Yeezy shoes, forcing it into a significant loss at the end of last year. Bjorn Gulden, Adidas’ CEO, said selling the popular shoe line would mean paying Ye royalties. Ye was dropped five months ago after

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Clothes & Apparels Ecommerce Facts & Comment Fashion Food & Drinks Opinion Retail Social Media

The Risks Of Online Shopping For Aging Parents

With an elderly parent who has memory problems, or who is a little confused, online shopping can become a trap for them. Occasionally, purchases don’t go as planned. A senior may lack the capacity to handle such situations, including difficult return instructions, or dealing with scammers attempting to take advantage of them. They may also

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Clothes & Apparels Ecommerce Fashion Retail

Fashion Nova For Men: Top 20 Must-Have Trends

When it comes to men’s fashion, choosing the best quality and variety is an uphill battle. Individuals often think that men’s fashion does not have many varieties to choose from. However, in 20’s era, trends have changed and fresh diversity has been introduced. One of the best sites that have all trending men’s fashion is Fashion

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China's Richest Ecommerce Politics World's Billionaires

After a long absence, Alibaba founder Jack Ma was spotted at a Chinese school

Following an absence from public view in the past three years, Jack Ma, co-founder of Alibaba group and Chinese billionaire, has been seen in Hong Kong. Two sources revealed to Reuters that jack Ma had been meeting with a few business associates over the past week. Reports of his presence in the city also appeared

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Ecommerce Technology

Digital marketplace: The future of online shopping

Yes, the future is the result of things done in the present. At present, we are witnessing a great change in our market from offline to online. We prefer to order through online apps like big basket, blinkit, otipy, etc., and get things on our doorstep in a few minutes.  Digital marketplace boom during corona

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Ecommerce Media & Entertainment Mobiles & Gadgets Retail Technology

Best smart TVs to buy during this Festive Season

The festive season is almost upon us and it is usually this time of the year when we decide to upgrade our lifestyle, as we switch the older things with new ones. It is also the time for friends and families to come closer together. Televisions are a great way of spending quality time with

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Ecommerce Economic & Finance Real Estate Retail State & Urban

Ghost Malls In India See $524 Million Loss Despite Retail Sales Grew at 24%

In India, 21% or total 57 malls are in a dilapidated state(Ghost Malls) and have resulted in a loss of over $524 million, according to Knight Frank India’s latest report ‘Think India, Think Retail 2022’. On a mall by mall level, the term ‘ghost mall’ is defined as having less than 40% occupancy. Delhi NCR has

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Ecommerce Science & Technology Startups

The Growing Significance of B2B Marketplaces in the Digital Age: What Brands Need to Know

In this B2B Marketplace report, insights are deep and vast. The detailed data and analysis of this report shows why the B2B Marketplace has become more popular among online buyers and sellers. For many years, the B2B ecommerce industry has had mixed feelings about marketplaces like Amazon. The love/hate relationship extends to a broad range

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Ecommerce Logistic & transportation Science & Technology Technology

Amazon to start Prime delivery by drone in California later this year

Get your Amazon packages delivered by drone later this year if you live in the town of California. Amazon recently released information, stating they will soon be using drones to do drone delivery services in Lockeford, California in the near future. Customers will be able to purchase items on Amazon. To make their delivery, a drone

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Clothes & Apparels Ecommerce Economic & Finance Fashion Funding Investing Lifestyle New startups Retail

Shein value may reach $100 bn with General Atlantic funding

As per Bloomberg, Shein may reach a $100 billion valuation with funding from General Atlantic.  Despite no physical stores, Shein pumps over 6,000 new items daily.  However, if they successfully receive the funding, its value will double that of the Uniqlo owner.  Additionally, Shein shows no signs or plans for an IPO.  Shein’s $100 billion

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