All Amazon articles
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Article
Amazon smart eyewear range upgrade includes Safilo partnership
Amazon has announced the upgrading of its smart eyewear collection with the launch of seven new styles, including five Echo Frames models, its proprietary brand, and two designs by Carrera, a house brand of Safilo Group. It is the first time that the Italian eyewear company partners with Amazon. All ...
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News briefs
Snap and Amazon partner for virtual try-ons, actual purchases
Snap and Amazon Fashion have sealed a partnership to blend Snapchat’s virtual try-on function with Amazon’s e-commerce. Together the companies have established “3D asset standards” to bring Amazon’s eyewear catalog to virtual life. Now that images of these products have been prepared for augmented reality (AR), Snapchat’s 363 million users ...
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News briefs
Amazon Europe enables virtual try-ons
This summer Amazon Fashion Europe has been introducing Virtual Try-On on the Continent through its e-commerce site and the Amazon Shopping App. The first items to benefit are about 1,500 sunglass models from such brands as Tommy Hilfiger, Hawkers, Lacoste, Calvin Klein and Polaroid. Prospective customers will be able to ...
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Article
Fast-growing Inspecs boosts manufacturing base
The Inspecs group has reported a four-fold increase in annual revenues to $246.5 million for 2021 from $47.4 million in 2020, as the topline was boosted by its multiple acquisitions in the last year and a half. In particular, the business of Eschenbach, which was taken over in December 2020, ...
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News briefs
Google probed by the EU
Google is under dual investigations in the European Union for allegedly abusive practices in its advertising business. This month, according to Reuters , anti-trust regulators for the EU have sent to a number of advertisers a 13-page questionnaire regarding the “Include Google Display Network” default setting for search campaigns ...
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News briefs
New anti-Covid measures in Germany
In concert with the governments of the individual Länder, the federal government of Germany has ordered the lockdown of all the brick-and-mortar stores that sell non-essential products, starting on Wednesday, Dec. 16. Opticians are mentioned among the few exceptions. The new restrictions came after a spike in new contaminations ...
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Article
EU to cut greenhouse emission by 55% by 2030
The 27 members of the European Union agreed on Dec. 11, after a night of negotiations, to reduce by at least 55 percent their greenhouse gas emissions by 2030, compared with 1990 levels, increasing the target from a previous objective of 40 percent. “Europe will reduce emissions by at ...
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Article
Amazon Q3 sales up 37%, net profit triples
Amazon ’s third-quarter sales grew by 37 percent to $96.1 billion. They were boosted by booming online transactions during the coronavirus crisis worldwide, which prevented or discouraged shoppers from purchasing in physical stores. Excluding a $691 million favorable impact from year-over-year changes in foreign exchange rates during the quarter, sales ...
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Article
Amazon: The Janus-faced company
The current Covid-19 crisis has accelerated Amazon ’s consumer goods business exponentially. The Silicon Valley giant doubled its profits in the second quarter of this year and increased its turnover to nearly $89 billion. The share value has also nearly doubled since the middle of March. On Sept. 1, Amazon ...
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News briefs
Amazon’s head of European retail is stepping down
Xavier Garambois, who has been running Amazon ’s European retail operations for the past eight years, is leaving the company. According to The Telegraph, he will be replaced by Jorrit Van der Meulen , Amazon’s vice president for Europe, who has also been in charge of Amazon Devices ...
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Opinion
Amazon and other marketplaces may be in for a reckoning over illegal sales
Why the sale of illegal products through online platforms could become a problem for Amazon and other marketplaces – and why the widespread circumvention of EU competition law may soon be over