Amazon could be about to launch an own-brand fashion label in the UK as it targets explosive growth in the $3trn international fashion sector. A launch could happen as early as this spring, according to reports.
Jeff Bezos may be holding a Trump card in the U.S. retail-store slump. Amazon's American Apparel bid could show the president-elect suspicious of Silicon Valley that he's saving thousands of working-class U.S. jobs.
In a deal valued at $70 million, Jet, now owned by Walmart, has acquired ShoeBuy from IAC. The move is likely part of Walmart's effort to compete against Amazon, specifically its online shoe store Zappos.
When Europe's top online-only fashion retailer Zalando decided to overhaul its app to exploit mobile sales, it reaped the benefits of a new management philosophy that gives tech staff much more autonomy.
The online shopping destination and the award-winning airline have launched the red, patent leather Virgin America Pump. A portion of the proceeds from the sale will go to the American Heart Association.