Ecommerce News Roundup | 15 March 2023
It is nice to see His Majesty's Government being effective after all these years of chaos; the solution to Silicon Valley Bank's collapse has been swift, elegant and doesn't involve tax payers' money. Meanwhile the UK has a record number of start ups; perhaps a reflection of the flexibility of the modern digital workplace and the huge range of tools that make setting up business easier than any other time in history?
Whilst we focus almost exclusively on good news, it is important to recognise that ecommerce figures have not been great since May 21. However there is some hope that this may have come to an end with the IMRG reporting the first WoW increase in sales (+9%) last month with some sectors really shining. Gardening is up 38.7%!
For those reactionaries amongst you who worrying about 'the youth' and the grave implications of the metaverse....tangible product still appeals - vinyl record sales surge.
We hope you enjoy some other rays of sunshine we have found for you.
Have a great week.
Best wishes,
James & Patrick
““There are two kinds of people in the world; those who believe there are two kinds of people in the world and those who don’t.””
UK ECOMMERCE & BUSINESS NEWS
ASOS creates Chief Customer Officer role
British marketplace OnBuy ranked as Europe's fast growth ecommerce company
UK's fastest growth ecommerce operations - quite a surprising list
Gap runs to Next for ecommerce
INTERNATIONAL ECOMMERCE & BUSINESS NEWS
Mango reports strong in-store and on-line sales
Hugo Boss reports +29% growth compared to 2019 for year end 22
Nike doubles down on Consumer Direct Acceleration Strategy (DTC)
Sephora teams up with TikTok to support emerging brands ('creators at this level understand more about analytics than internal social media teams)
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