Online Retailing

Zalora launches second pop-up store in Singapore

Following the successful launch of the first pop-up at ION Orchard last year, Southeast Asia's online fashion retailer yesterday launched its second digital interactive pop-up store at Bugis+, a shopping mall in the Bugis district of Singapore.

The 2,400-square-foot retail space hosts a selection of international and inhouse brands with exclusive collections from highly anticipated labels including Finery London, River Island, Material Girl, Dorothy Perkins, Burton Menswear London, ZALIA and Zalora label.

E-commerce critical for global integration

Source: 
Jakarta Globe

Vietnamese companies, especially small and medium-sized enterprises, need to use e-commerce more to strengthen their competitiveness in foreign trade, Le Dang Doanh, an economist and former member of the Government Advisory Council, has said.

Speaking at the 4th annual Supplier Day event organised in HCM City last Tuesday by leading global wholesale online platform Alibaba.com, he said e-commerce had become more important with the Vietnamese economy's regional and global integration.

Amazon launches button for instant product ordering

Source: 
CNBC

Online retailer Amazon.com Inc has launched a hardware that allows its Prime members to order a product by pushing a button.

The "Dash button", which is connected with the Amazon app through Wi-Fi, is brand specific and the company has tied up with household names such as Tide, Huggies and Gillette.

The "Dash button" comes with an adhesive and a hook and can be hung or hooked anywhere in the home.
 

Why luxury retailers have finally given in to digital

Source: 
CNBC

Richemont and Yoox Group announced details of their deal on Tuesday, which will create one of the leading online luxury fashion retailers with combined 2014 sales of EUR1.3 billion (USD1.4 billion), trumping interest from online giant Amazon.

The group behind Cartier and Van Cleef & Arpels jewellery brands, Richemont, said the combined entity will launch a capital increase of up to EUR200 million upon completion of the deal. Richemont will hold a 50 percent stake in the new company, which will be called Yoox Net-A-Porter Group.

Why luxury retailers have finally given in to digital

Source: 
CNBC

Richemont and Yoox Group announced details of their deal on Tuesday, which will create one of the leading online luxury fashion retailers with combined 2014 sales of EUR1.3 billion (USD1.4 billion), trumping interest from online giant Amazon.

The group behind Cartier and Van Cleef & Arpels jewellery brands, Richemont, said the combined entity will launch a capital increase of up to EUR200 million upon completion of the deal. Richemont will hold a 50 percent stake in the new company, which will be called Yoox Net-A-Porter Group.

Jack Ma eyeing Indian e-commerce universe

Source: 
Business Standard

In a clear sign of his interest in India's e-commerce sector, Jack Ma, founder and executive chairman of China's Alibaba Group, is likely to visit India again at the end of April, his third trip to the country in about six months.

Sources said China's largest e-commerce company was eyeing a "significant play" in India's e-tailing segment and exploring strategic investments not just in online retail firms there, but also in business-to-business e-tailing, logistics, payments services companies, etc.
 

JD.com unveils "Korean Mall" in S Korea

Source: 
Shanghai Daily

Chinese B2C e-commerce giant JD.com Inc on Thursday launched its online imported goods platform "Korean Mall" in Seoul, a major step of developing its South Korean market.

Liu Qiangdong, founder and CEO of JD.com, on Thursday announced the opening of "Korean Mall" in a seminar co-held by South Korea's leading e-commerce solution provider cafe24, which is also one of JD.com's local partners.

Myntra to focus on private labels, to launch new brands

Source: 
Business Standard

Online retailer Myntra will introduce 5-6 new brands of apparels and accessories over the next six months as it looks to increase revenue share from the higher-margin, in-house labels.

The company, which retails over 1,000 brands, also sells 10 of its own brands including Roadster, Dressberry, Anouk (ethnic range for women), Mast & Harbour, Kook N Keech, Yellow Kites (for kids), Invictus and HRX (by Hrithik Roshan).

Lazada sees healthy online retail growth

Source: 
Bangkok Post

Thailand's online retail market is expected to grow by up to eight times in the coming years, the same pace as China's.

The proliferation of inexpensive mobile devices and the growing number of internet users will be the main contributors.

Riccardo Basile, chief executive of online shopping mall Lazada Thailand, said the local online retail market excluding food and travel would account for 1 percent to 1.5 percent of the country's retail market this year.
 

JD's new delivery app to boost online-to-offline business

Source: 
red luxury

JD Inc, one of China's biggest e-commerce companies, has introduced a new delivery app for urban Chinese.

Paidaojia allows users to place online orders for delivery from nearby merchants, whether convenience stores or restaurants, according to China Daily. JD guarantees delivery within 2 hours on orders from stores within 3 kilometres.
 

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