All Amazon articles – Page 2

Article

EU believes that Amazon has violated competition rules

12 November 2020

The European Commission believes Amazon violated competition rules by unfairly benefiting from non-public data on independent sellers who use its marketplace, it said in its preliminary findings from an antitrust investigation underway against the American e-commerce giant since last year. The European Union’s executive body added it was also launching ...

News briefs

Amazon posts 37% sales increase while net profit triples

2 November 2020

Amazon said that its sales in the third quarter grew by 37 percent to $96.1 billion. They were boosted by booming online transactions during the coronavirus crisis worldwide, which prevented or discouraged shoppers from purchasing in physical stores. Excluding a $691 million favorable impact from year-over-year changes in foreign exchange ...

News briefs

Oeko-Tex participates in Amazon’s sustainability program

30 October 2020

Oeko-Tex, an association of 18 independent research and testing institutes worldwide, which sets standards for more safety in products of the textile and leather industry and their manufacture, is participating in Amazon’s Climate Pledge Friendly program with Oeko-Tex’s Made in Green label. The program is being launched in Germany, France, ...

Article

Amazon is up and running in Sweden

28 October 2020

Amazon’s dedicated Swedish platform, Amazon.se – which leaked over the summer through a Finnish software developer – is now live. It offers about 150 million products in 30 categories, with free delivery on orders exceeding 229 Swedish krona (€22.20-$26.10). There is a mix of Swedish (Electrolux, Lagerhaus, OBH Nordica, Ellos, ...

News briefs

LifeStraw sells out during Amazon Prime Day in U.S. and Canada

18 October 2020

Third-party sellers on the Amazon Marketplace generated sales of more than $3.5 billion during the company’s recent Prime Day promotions on behalf of small and medium-sized businesses. This represents an increase of nearly 60 percent from last year’s promotion, outstripping the growth in Amazon’s own sales. Prime Day took place ...

News briefs

Oeko-Tex to certify products for Amazon

29 September 2020

Oeko-Tex, an international association of 18 independent research and testing institutes that set safety standards for textiles and leather, will be certifying the environmental bona fides of products on Amazon’s behalf. The huge American e-tailer relies on the certification of many such labs to bestow its Climate Pledge Friendly label ...

Article

Amazon: The Janus-faced company

9 September 2020

The current Covid19 crisis has accelerated Amazon’s consumer goods business exponentially. The Silicon Valley giant doubled its profits in the second quarter of this year and increased its turnover to nearly $89 billion. The share value has also nearly doubled since the middle of March. On Sept. 1, Amazon announced ...

Article

Amazon’s Swedish website has leaked

7 August 2020

After the entire website has leaked thanks to a Finnish software developer, one thing is for sure: After years of speculation, Amazon is finally being launched in Sweden. Until now, Swedish consumers and companies have only had access to the other European Amazon websites. According to the Swedish trade magazine ...

Opinion

Amazon and other marketplaces could be held accountable for illegal sales

30 June 2020

Why the sale of illegal products through online platforms could become a problem for Amazon and other marketplaces – and why the widespread circumvention of EU competition law may soon be over

Article

WGSN sees three major consumer groups emerging from the crisis

1 June 2020

The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption. Thus, WGSN has set out to predict what consumers will be looking for in the next couple of years. In its annual Future Consumer white paper, the trend forecasting company ...

News briefs

Lockdown doesn’t necessarily help e-tailers

17 March 2020

The shutdown of sporting goods stores because of the coronavirus epidemic is not automatically benefiting the pure online players. While Amazon says it is recruiting 5,000 more workers in the U.S. to face a surge in online orders, Tradeinn, the biggest Spanish online store for sporting goods, has told CMDsport ...