E-Commerce Considerations for Makers for the Upcoming Holiday Season

”While there are short-, medium-, and long-term implications of the pandemic, one thing is for sure: e-commerce is here to stay,” said Greg Sarley, SVP of merchandising revenue at Harry & David. Sarley spoke during a recent SFA Ask the Experts webinar on current e-commerce trends and offered advice for makers using e-commerce this holiday season, including: Food gifting is a safe way for consumers to connect during the holidays. As many people will be unable to visit their friends and loved ones this season, many will turn to the gift of food…

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Africa’s $20 Billion E-Commerce Opportunity | Global Currents, BoF Professional

CAPE TOWN, South Africa — Buying a pair of shoes from Amina Muaddi has been described as “an Olympic sport.” Last year, the Parisian designer became so popular that even VIP customers were put on a waiting list. Not everyone was prepared to wait though. South-African influencer Sarah Langa was one of those who decided to go “shoe hunting” rather than join the queue, although she didn’t know then just how persistent she would have to be to eventually snag a pair of Muaddi’s PVC slingback pumps. Months into the…

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Walmart Sells Two More E-Commerce Brands in Digital Reshuffle | News & Analysis

NEW YORK, United States — Walmart Inc. is divesting two more of its online brands, continuing its strategy of jettisoning some of the digital assets it has acquired in recent years to focus on its main website. The world’s biggest retailer is selling footwear website Shoes.com to private-equity firm CriticalPoint Capital, while lingerie brand Bare Necessities will be acquired by Delta Galil Industries Ltd., an Israeli apparel maker that also owns the 7 for All Mankind denim business. Terms of the deals were not disclosed. The divestments follow Walmart’s sale of…

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E-Commerce is Saving Fashion But Destroying the Planet | Intelligence, BoF Professional

LONDON, United Kingdom — E-commerce is booming. But the welcome boost to fashion’s bottom line is creating a mountain of waste — and consumers are starting to notice. In Europe alone, Bernstein projects the growth rate of online fashion will triple this year to account for more than 20 percent of total sales — the equivalent of five years of growth in about six months. Those orders will largely be packaged in cardboard or plastic, then loaded onto gas-guzzling trucks, planes and ships. Many will then be returned, requiring another…

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[Blog] Ecommerce, Supply Chain, Planning For The Unknown Big Topics At SFA’s First Member Virtual Share Groups

Recently, the SFA hosted its first virtual Share Groups to bring members together to network and share experiences. About 40 participants joined in two share groups, held at 5 p.m. EST and 5 p.m. PST on July 29, to talk with peers and problem-solve in the current unsettled business environment. The overriding theme through the discussions in both groups was the unpredictability of today’s market and how companies can be responsive to it. Participants wrestle with how to plan, allocate resources, and manage the supply chain. The impact of COVID-19 on…

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Is Luxury E-Commerce Still Booming? | BoF Professional, The Week Ahead

THE CHEAT SHEET Farfetch‘s Pandemic Bounce Farfetch reports second-quarter results this week | Source: Shutterstock Farfetch reports second-quarter financial results on August 13 Unlike many of the brands it carries, the online luxury marketplace has seen strong sales as consumers turn to e-commerce during pandemic lockdowns Farfetch has yet to turn a profit; management says it’s on track to be in the black next year Farfetch is on a roll. The company’s share price has more than tripled from its lockdown lows in April, and is likely to report another…

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How to Plug Into India’s Dynamic E-Commerce Market | Global Currents, BoF Professional

DELHI, India — Priya Jambh is a woman on a mission. As a sales consultant living in a small town near Panchkula in the state of Haryana, she has a stressful job which is only compounded by the fact that she volunteers for a frontline charity. To let off steam, Jambh does what many middle-class twenty-somethings do across India. She shops. “I couldn’t buy anything whilst the full lockdown was in place. Malls and markets were closed and online it was just delivery of essentials allowed,” she said, referring to the…

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Moncler Announces Plans to Internalise Its E-Commerce Channel | News & Analysis

MILAN, Italy — Italy’s luxury group Moncler will bring its e-commerce channel in-house with a view to double the share of its online business over the next three years, the company said on Monday. Online sales accounted for 10 percent of the total in 2019, split broadly equally between the brand’s website Moncler.com and third parties, according to analysts. The luxury outwear maker previously managed its e-commerce business in partnership with online retailer Yoox Net-a-Porter, now owned by Cartier maker Richemont, an agreement which expired this year. Moncler said the…

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VEDGEco Eyes E-Commerce Venture Across US

A vegan food retailer/distributor based in Hawaii is planning to expand to the mainland U.S. with an e-commerce service offering rapid delivery of bulk, frozen plant-based foods to both businesses and consumers. VEDGEco Hawaii, which was launched last year in Kailua by brothers Trevor and Tyler Hitch to serve growing demand for plant-based foods in Hawaii, is planning to open two distribution facilities in the continental U.S. in the next two months, Trevor Hitch told Specialty Food News. “We’ve chosen two strategic locations, basically one on the East Coast and…

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