Online marketplace Etsy to slash 140 more jobs
US-based artisan and handmade goods online marketplace Etsy is set to cut around 140 positions or approximately 15% of its…
All articles by Hemanth Kumar
Hemanth Kumar
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China’s JD.com to invest $397m in fashion retailer Farfetch
Chinese e-commerce firm JD.com has announced plans to invest $397m in UK online fashion retailer Farfetch, as part of a…
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Brandleap unveils new distributed e-commerce service for retailers
US-based start-up Brandleap has unveiled a distributed e-commerce platform, which enables brands and brick and mortar (B&M) retailers to compete…
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lululemon athletica and 7mesh to develop advanced technical apparel
Canadian companies lululemon athletica and 7mesh Industries have entered a partnership to jointly develop advanced technical apparel.The collaboration will focus…
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Fashion retailer N Brown to shut down five stores
UK fashion retailer N Brown Group is set to close up to five loss-making Simply Be and Jacamo dual-fascia stores…
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Sprint to open 78 new stores in South California, US
US-based communications services company Sprint is planning to expand its footprint in southernCalifornia, with the addition of 78 new stores…
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Casper secures $170m to enhance R&D capabilities
US-based online mattresses seller Casper has raised $170m in funding through a Series C investment round for product innovation and…
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BBX Capital acquires US candy retailer IT’SUGAR
Investment holding company BBX Capital has acquired US-based speciality candy retailer IT'SUGAR for $57m.With a network of 95 locations in…
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Spark New Zealand to shift to direct management of stores
Telecommunication services provider Spark New Zealand is planning to directly manage all of its consumer stores, which are currently managed…
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Amazon to buy Whole Foods Market for $13.7bn
Amazon has signed a definitive merger agreement to acquire American supermarket chain Whole Foods Market, for $13.7bn.Amazon founder and CEO…