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Chico’s FAS has announced it is exploring strategic alternatives for Boston Proper, the direct-to-customer women’s apparel retailer it acquired for $205 million just four years ago. Here’s a look at this weeks’ news, commentary and events that shaped the direct-to-customer world… and more.
bebe stores, inc. has signed a strategic cooperation agreement with Longgoal LLC, a Shanghai-based agency of international high-end brands. The agreement includes a five-year exclusive license to open between 60 and 150 retail and wholesale bebe points of distribution in Greater China, Hong Kong, Macau and Taiwan. The first boutique is expected to open in the summer of 2016.
Blue Nile’s second quarter sales were up 7%, and president and CEO Harvey Kanter said that included a 15% growth in international sales, adjusted for currency. Even more impressive is Blue Nile’s sales in China: The specialty jeweler’s sales grew 59% there. Here’s how.
U.S.-based ecommerce merchants have to figure out how to take this very small part of its business and grow their cross-border sales. And unless you’re a global brand, and you already have some sort of global distribution in place, you should seriously consider using a third-party partner to get your cross-border strategy in place.
Even if you are not trying to sell your inventory internationally, chances are more than 10% of your ecommerce site traffic is cross-border. Imagine how much higher that would be if you put a cross-border ecommerce strategy in place? Download your copy of Building the Right Roadmap for your cross-border Journey today.
DHL is continuing to invest in its Americas hub at the Cincinnati/Northern Kentucky International Airport (CVG) to ensure that it will have the capacity needed to meet the demands of future growth generated by international shipping and global trade. Strong growth in international shipments in the U.S. and continued expansion of global trade are drivers for DHL’s positive business development.
International payments provider World First has teamed up with VAT and sales tax advisory firm Meridian Global Services to help cross-border ecommerce merchants access competitive exchange rates and global tax compliance advice in new markets and territories.
HSN’s plan to consolidate its Roanoke, VA distribution center with its DC in Piney Flats, TN, will lead to faster delivery times for its customers, CEO Mindy Grossman said during the company’s second-quarter earnings call earlier this month.
Haters gonna hate… And sometimes, a troll comes to the rescue, as Facebook user Mike Melgaard did for Target. But Melgaard taught Target’s customer service team a lesson, too: Don’t fall asleep at the wheel.
Multichannel Merchant’s MCM Outlook 2015 results show that 57.7% of retailers have an m-commerce site, and that’s up significantly from the nearly 40% who said they had one in 2014. Here’s what MCM Outlook 2015 uncovered about the world of ecommerce.
Posted 1 day ago
by Andy Henshaw
Posted 5 days ago