European cross-border e-commerce continues to grow, with fashion a leading category and pure players grabbing the lion share of the business, while Amazon accounted for 80% of the sales generated by non-European sellers.
The outdoor lifestyle group has announced skyrocketing e-commerce sales in the first nine weeks of Q2, giving the company hope of achieving better-than-expected results in a quarter negatively impacted by Covid-19.
Less than two years on from its CVA, New Look is in talks with its landlords again and has appointed property agents to help it negotiate rent deals based on turnover as it prepares to reopen its store estate this month.
Kering, one of the largest luxury groups on the planet, has made financial commitment to fight racism, with contributions to the NAACP and to Campaign Zero – following eight days of protests in multiple American cities.
Zalando is continuing its sustainability drive and said it's the first platform worldwide to set science-based targets (SBTs) to reduce carbon emissions in line with the 1.5 degrees Celsius Paris Agreement figure.