Amazon’s entry promises to heat up competition to sell luxury brands online
November 30, 2020
Amazon.com has reached out to luxury brands to sell their goods on its platform. The need to sell online has only increased with the worldwide novel coronavirus pandemic leaving many brands and retailers to consider whether they are better off going it alone, using alternative platforms such as Farfetch or working with Amazon, albeit on a limited basis.
Recent News
Peloton CEO Steps Down and Layoffs Begin
Peloton, the popular fitness technology company, has announced significant changes in its leadership and organizational structure.
California Restaurants Must Start Eliminating Special Surcharges
Starting July 1, California is changing the game for restaurant bills.
T-Mobile Now Owns Ryan Reynolds-Backed Mint Mobile
The deal is worth upwards of $1.35 billion.
Chipotle Is Giving Away Over $1 Million in Burritos to Healthcare Workers
In acknowledgment of the tireless contributions of healthcare workers, Chipotle Mexican Grill has announced a notable gesture of appreciation: the distribution of 100,000 free burrito e-cards.