All Amazon articles
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Amazon sparks debate over tariff transparency policy
The e-commerce giant sparked a political backlash after informing sellers that it would display tariff charges in product listings.
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Amazon seeks approval for drone deliveries in England
Amazon’s Prime Air drone deliveries could soon take flight in the UK, starting with Darlington, pending approval from aviation authorities and councils.
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Canopy calls for $15bn investment to drive India’s sustainable fiber revolution
The environmental non-profit advocates for India to lead the alternative fiber market, requiring a $15 billion investment to boost sustainable textile and packaging industries.
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Zwift raises new funding
Zwift has raised $620 million from backers including Amazon’s Alexa Fund, KKR & Co. and Permira Holdings. According to Bloomberg, Zwift expects these investments to enable it to increase subscription prices, reach the milestone of ten million subscriptions (from roughly one million), take the company public and eventually invest in ...
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Analysis: Global outdoor stock index falls by double-digits again in Q3
According to the latest Outdoor Industry Compass quarterly study of 37 select stocks which sell products into the outdoor recreation market, the segment Index fell by a double-digit percentage for a third consecutive period but by less than in the first (-17.84%) or second (-21.18%) quarters. Only four stocks – ...
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ClimatePartner signs Climate Pledge
ClimatePartner has signed the Climate Pledge, an initiative launched in 2019 by Amazon and Global Optimism. Currently uniting 376 companies worldwide, the pledge means to reach the Paris Climate Initiative targets ten years ahead of schedule. By signing it, companies voluntarily commit to becoming CO2 neutral by 2040. Together with ...
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E-Commerce: Secondhand marketplaces on the rise
Cross-border marketplaces are developing fast, and the C2C trend is one of the drivers.
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Kantar Media Reactions study 2021 sees local advertising strong besides digital channels
Research and consulting agency Kantar has just released its Media Reactions 2021 study, informed by the opinions of over 14,500 consumers covering over 290 brands in 23 markets and 900 senior marketers worldwide. The report gives some interesting insight into the changes in the media landscape reflected by the popularity ...
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Intelligent warehouse robotics growing more than 20 percent annually
According to a recent fee-based study by New York-based analyst firm ABI Research, revenue from the use of robots in warehouses will exceed $51 billion by 2030. According to the report, increased order volumes and pandemic-triggered labor shortages have significantly accelerated automation in warehouses. Along with technology solutions such as ...
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JanSport sues wholesaler for reselling backpacks as “new”
JanSport, a subsidiary of VF Corp., is suing Los Angeles-based Bravo Wholesale Inc. for allegedly selling inferior JanSport products on Amazon.com and other online stores. According to JanSport, Bravo obtains JanSport products from unauthorized dealers and markets them as “new” while they are often used or defective. The lawsuit was ...
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Amazon and GoPro file lawsuit against counterfeiters of camera accessories
Amazon and GoPro on Aug. 9 issued a jointly filed lawsuit against seven individuals and two companies for counterfeiting popular GoPro camera accessories, including “The Handler” floating grip and “3-Way” grip, extension arm and tripod mount. The defendants attempted to offer the counterfeit products on the Amazon store in violation ...
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Greenpeace investigates Amazon warehouse, uncovers destruction of returned goods
With the help of an undercover investigator at Amazon, the environmental organization Greenpeace has documented the destruction of returned new products at the retailer’s logistics facility in Winsen, Germany. A documentary aired on prime-time German television showed eight workplaces that Amazon calls “destroy stations”. According to Greenpeace research, this is ...
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Amazon publishes first Brand Protection Report
Amazon released its 2020 Brand Protection Report, which provides a comprehensive overview of how the company ensures customers are buying authentic products in its stores. According to the paper, the company invested in dedicated teams and industry-leading machine learning technology to proactively protect customers, brands and its selling partners from ...
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Amazon’s sales grow by 44% in Q1
Beating estimates, Amazon’s net sales jumped by 44 percent to $108.5 billion in the first quarter, driven by the ongoing online shopping boom caused by the Covid pandemic. Excluding a $2.1 billion favorable impact from changes in foreign exchange rates during the quarter, the revenue increase was limited at 41 ...
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Bezos hands over leadership of Amazon
Jeff Bezos will hand over the chairmanship of Amazon’s board in the third quarter of 2021 to Andy Jassy, the head of the cloud business Amazon Web Services (AWS). Amazon made the announcement on Feb. 2 after the U.S. stock market closed in Seattle. Source: Amazon Jeff Bezos ...
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New Corona restrictions in Germany; Denmark extends partial lockdown to entire country
In concert with the governments of the individual states of its country, the federal government of Germany has ordered the lockdown of all the brick-and-mortar stores that sell non-essential products, starting on Wednesday, Dec. 16. The new restrictions came after a spike in new contaminations from Covid-19. They will last ...
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Uvex offers protective glove with HeiQ Viroblock for everyday use
Source: Uvex Safety Group Uvex phynomic silv-air grip To successfully interrupt infection lines via smear or contact infections, the Uvex Safety Group, the occupational safety brand of the German Uvex Group that also owns Uvex Sports and Alpina, has developed the phynomic silv-air, a new protective glove ...
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Vaude joins The Climate Pledge
Thirteen new companies have joined The Climate Pledge, co-founded by Amazon and Global Optimism, a U.K.-based purpose driven enterprise focused on social and environmental change, to meet the Paris Agreement’s goals 10 years early, making a total of thirty-one companies who have joined the commitment. One of the new signatories ...
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Amazon and Yeti sue counterfeiters
E-commerce giant Amazon and Yeti, the U.S. brand of coolers and drinkware and other outdoor equipment, have filed a joint lawsuit against two individuals from California for counterfeiting Yeti products, including the popular Rambler® mug. The lawsuit was filed in the United States District Court for the Western District of ...
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Black Friday: German union calls for strikes at Amazon
Just in time for Black Friday, the labor union Verdi calls on employees in Germany to go on a three-day strike at seven of Amazon’s German distribution centers. This is intended to persuade the online retailer to participate in tariff wages. With the start of the night shift from Wednesday ...