Ecommerce News Roundup | 21 November 2022
Happy Black Friday fortnight!
Five global macro-economic factors that should make us feel better
1) China easing zero-covid policy
2) German hard data better than feared
3) Energy prices falling
4) Fed pivot?
5) Global shipping prices collapse (see International news below)
All predictions are fool-hardy but
..we don’t think Twitter will close
Have a good week.
“PRICE IS WHAT YOU PAY; VALUE IS WHAT YOU GET.”
UK ECOMMERCE NEWS – Burberry, VirginMedia, …
Burberry sees online and loyalty as opportunities for growth
InternetRetailing
Online tax scrapped (but moved to warehousing)
EveningStandard
More than 50% of Brits think ecommerce is the cheaper option
TheIndustryFashion
Virgin Money sees profits rise, gives staff a 10% pay rise and has yet to see any bad default levels
YorkshirePost
INTERNATIONAL ECOMMERCE NEWS – Bogart (France), GAP,…
Collapse in global shipping rates – one of our favourite metrics at the moment
Twitter
Beauty sector remains robust as Bogart reports strong growth
FashionNetwork
Impressive growth figures in this report on ecommerce stocks
YahooFinance
Gap sees 3rd quarter growth
FashionUnited