PARIS — Long averse to selling its luxury products online, LVMH Moët Hennessy Louis Vuitton is projecting a bigger role for its e-commerce platforms, including multibrand site 24S, as the coronavirus pandemic reshuffles the landscape of brick-and-mortar retail. The luxury conglomerate said its sales trends improved significantly in the third […]
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CTO of Title3Funds and a crowdfunding pioneer with expertise in Fintech & Retail Ecommerce & Digital Merchandising & Marketing getty If the coronavirus pandemic has taught us anything about investing, it’s that when everyday people have the time and the need, they will explore new investment opportunities. Online stock trading platform Robinhood […]
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March 2, 2021 6 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Opinions expressed by Entrepreneur contributors are their own. The social distancing and closure of physical stores as a result of the COVID-19 pandemic has caused electronic […]
Recent statistics reveal that 40% of U.S. customers abandon companies with poor customer service. This shows how crucial customer support is to your e-commerce business. Outstanding customer service can take your business to greater heights, while the opposite has catastrophic consequences. If providing exceptional customer support is among your biggest […]
The global pandemic has completely solidified the need for e-commerce. Where it used to be just one of many options we had when it came to making a purchase, e-commerce instead became the primary method of shopping. With all non-essential shops closed across the world for large swathes of 2020, […]
Online shopping is a godsend this time of year. And while it’s true that the convenience that comes with a digital cart and express shipping is appealing, there’s something about in-person browsing that gets the merry vibes going—especially after a homebound year that made leisure shopping a rarity. For those […]
Mytheresa is going public. Or at least that seems to be its intention after its Netherlands-based parent company said this week that it had filed paperwork for a proposed initial public offering with the US Securities and Exchange Commission. According to market reports, Mytheresa aims to IPO in early 2021 […]
HUNTINGTON — COVID-19 totally changed the way The Haute Wick Social does business, according to owner Ashley Casto. “The pandemic blew up my whole business model,” Casto said. “We went from an in-person experience to an online and social media experience.” The Haute Wick Social, located in Heritage Station in […]
DUBLIN, Oct. 28, 2020 /PRNewswire/ — The “Q3 2020 COVID-19 Impact on Global e-Commerce and Online Payments” report has been added to ResearchAndMarkets.com’s offering. This study reveals continuing interest of merchants and global markets in online retail as well as growth of online payment companies. The publication indicates that consumers […]
U.S. retail spending picked up last month, according to the Commerce Department, rising about 2% from August to continue five months of retail sales growth following huge declines in March and April. The pandemic has led to a big shift in where shopping is taking place. A record 15% of […]
Rokt Pte Ltd., an eight-year-old e-commerce marketing software provider, has raised $80 million in Series D funding. The round, which was led by investment firm TDM Growth Partners, Rokt’s largest backer, raises the company’s valuation by 42% to more than $450 million, the company said. The investment in Rokt comes […]
October 19, 2020 7 min read Opinions expressed by Entrepreneur contributors are their own. In the span of a few short weeks, the coronavirus pandemic completely reshaped shopping and left many retailers struggling to survive. Neiman Marcus, JCPenney, J. Crew, and other popular chains filed for bankruptcy. According to a […]
By Jack M. Germain Oct 19, 2020 12:04 PM PT The upcoming holiday season is looking a lot different than anyone would have suspected this time last year, as a result of the continuing pandemic. Holiday shoppers are forced to shift their buying habits, and merchants continue to struggle to […]