Business of Fashion has an extensive overview over today’s online fashion market and its startups (paywall): So far, the majority of fashion start-ups that have sold — Bonobos to Walmart, True & Co. to PVH Corp. and Gilt Groupe to Hudson’s Bay Company, for example — did not deliver returns worth bragging about. Gilt competitor […]

How about that. US retailers are seeing Amazon‘s new-found financial firepower as well and hope the Seattle giant will become their savior now. The Financial Times (paywall): The announcement that Amazon was to take over Whole Foods Market sent a shudder of fear through many other retailers, but news of how the deal came about […]

Alligatortek about a survey they did on mobile app usage: Some people—specifically, millennials—are taking action. Millennials delete apps at over three times the rate of baby boomers. Fitness apps, productivity apps, artificial-intelligence apps, and shopping apps are some of the most deleted. It is notable that shopping apps rate highly on both lists: the most […]

Quite the exit for the MatchesFashion founders. Here’s the press release from Apax: Funds advised by Apax Partners (“Apax Funds”) have today announced a definitive agreement to acquire a majority stake in MATCHESFASHION.COM, a leading digitally innovative global luxury-fashion brand. The founders, Tom and Ruth Chapman, as well as existing venture capital backers Scottish Equity […]

There were two pressing questions about Walmart’s online strategy: How exactly are Walmart.com and Jet.com going to be different from each other? How do recently acquired, vertically integrated online retailers Bonobos and Modcloth fit into Walmart’s sprawling online empire? Will they just be parts of a wide-ranging portfolio of online properties held only together by […]

And another one on the Alibaba vs. JD.com front. As we expected, Alibaba won against JD.com in their fight about which of the two fierce Chinese competitors will be investing in Tokopedia. TechCrunch: A valuation for the deal was not announced, but the companies did say that Alibaba has become a minority shareholder. […] The […]

Compare JD.com‘s Q2 numbers to Alibaba‘s. Alibaba‘s revenues jumped 56 percent to 50.1 billion yuan ($7.51 billion) (with profits nearly doubling). Meanwhile, JD.com had in Q2 2017 revenues grow 44% year-over-year (YoY) to 93.2 billion yuan ($13.7 billion). The Street on the differences between Alibaba and JD.com: [Alibaba] reported 56% year-over-year growth in revenue to […]