German e-commerce retailer Zalando has launched its online shopping club Zalando Privé in Spain, giving shoppers access to private sales that will offer up to 75% off on styles from over 2,500 selected brands.
Having predicted the rise of blended retail this holiday season, the NPD Group has reported on the trend of “hands-free shopping”, further highlighting the fragrance and watch categories as ones to watch this December.
Costco Wholesale Corp’s gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry.
The chain has opened a 3,500-square-metre space at 54 Boulevard Haussmann, adjacent to Galeries Lafayette and Printemps. The space brings the brand’s new automated order collection point to France for the first time.
Indonesian e-commerce company Tokopedia said on Wednesday that it had secured $1.1 billion in its latest funding round led by Chinese e-commerce giant Alibaba Group Holding and Japan’s SoftBank Group Corp.