Tag: fashion men

Clearco lays off 25% of staff

Just months after expanding to Germany and Ireland, Canadian ecommerce investor Clearco is cutting 25 percent of its staff. This comes down to 125 employees. The company points to ‘the current macroeconomic environment’. Clearco is an ecommerce investing firm which…

Bol.com has 50.000 partner sellers

Benelux’s leading marketplace Bol.com now has 50,000 partner sellers. The past three years the number of merchants almost doubled. Partners are responsible for 60 percent of the platform’s revenue in the first quarter of 2022. The growth in sellers is…

German drugstore DM installs pick-up lockers

Popular German drugstore Drogerie Markt (DM) has announced that it is installing automatic pick-up lockers in its stores. Customers can easily collect online orders at the pick-up stations. It will install the lockers in at least 700 stores. While the…

Sage Hill owners combat again after authorized risk over unpaid charges

Breadcrumb Path Hyperlinks Information Native Information Householders are petitioning for a unprecedented common assembly with the intention of eradicating the board members who threatened lawsuits over unpaid residents’ affiliation charges Publishing date: Jun 26, 2022 • June 26, 2022 •…

Farfetch acquires 47.5% stake in Yoox

Curated fashion platform Farfetch has bought a 47.5 percent stake in Yoox Net-A-Porter Group. It is unclear what amount of money was involved in the acquisition. Because of the deal, Farfetch can acquire the remaining shares later on. Earlier this…

Wayfair lays off 5% of workforce

Online furniture and home goods retailer Wayfair is laying off 870 employees. This reduction affects 5 percent of its global workforce and 10 percent of its corporate team. According to the company, its team is too big for the current…

Ecommerce in Spain was worth €57.7 billion in 2021

Spanish ecommerce was worth over 57.7 billion euros in 2021. This was a 11.7 percent growth when compared to a year earlier. A large part of this growth came from cross-border sales. In the fourth quarter of 2021, ecommerce in…