High-end shoe brand Stuart Weitzman is expanding their global e-commerce presence, and have identified China as one of the prime markets in the world.
The company recently hired its first chief global digital and e-commerce officer, Monica Schwarz, and intend to make e-commerce Weitzman's largest distribution channel across the world, striving for consistency among their online presences in Europe, Canada, the United States, and, most recently, Hong Kong.
Estée Lauder's Tmall store is seeing some early success in China since launching on 21 May with robust sales in its first full month.
June sales was reportedly CNY10 million (USD1.6 million), according to China Internet Watch. More important, indications are that the online store has helped its offline business as well.
Estée Lauder Tmall store saw nearly one million visitors and over two million views with products bookmarked over 50,000 times by 30,000 visitors, according to CCW.com.cn.
Estée Lauder’s Tmall store is seeing some early success since launching on May 21 with robust sales in its first full month. June sales was reportedly CNY10 million (USD1.6 million), according to China Internet Watch. More important, indications are that the online store has helped its offline business as well.
Pegatron Corp. chairman Tung Tzu-hsien attended a 4G smart device summit on Sunday, suggesting that the government should allow customers who have a prescription and are in the company's member database to purchase their contact lenses online.
Southeast Asia will be one of the world's fastest-growing markets for e-commerce revenues in 2014, new research from Frost & Sullivan shows.
Total revenues from B2C e-commerce in the six largest Southeast Asian countries (Indonesia , Malaysia , Philippines , Singapore , Thailand and Vietnam ) reached US$7 billion in 2013. This is expected to grow at a compound annual growth rate (CAGR) of 37.6 percent to reach USD34.5 billion by 2018.
Walmart, the world's largest retailer started its first e-commerce pilot for business to business format in India's Lucknow and Hyderabad on Tuesday. The day began with about 1,000 people, including members and new users being trained through spot workshops in two cities to adopt the e-portal for shopping, it is learnt.
Online retail sales in Australia have rebounded, despite consumers worrying about the spending cuts announced in the federal government's tough budget.
The National Australia Bank Online Retail Sales Index rose 0.2 percent in May, recovering from a small decline in April.
Total online sales for the year to May were AUD15.3 billion (USD14.48b).
Walmart, the world's largest retailer, is hoping to get more than 30,000 consumers through its e-commerce pilot project that will be launched in India this week.
The retailer that currently operates in cash-and-carry format with 20 stores in India will begin the e-commerce pilot in Lucknow and Hyderabad in business to business format (B2B).
Online shopping by urban consumers will more than double over the next two years in India to 14 percent from 6 percent last year, says a Boston Consultancy Group report.
According to the BCG digital influence study 2013-14, online shopping is expected to rise to 14 percent by 2016 from 6 percent in 2013. It also said already 25 percent of travel and tourism-related sales are digitally driven in the country currently.
Taiwan's Asustek Computer Inc. is scheduled to open its official online store in Singapore on 7 July as the company's first step in expanding its online sales network of the low-cost ZenFone smartphone into Southeast Asian markets.