The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
SEATTLE, United States — Online retailer Amazon.com Inc said on Tuesday it shipped over five billion items worldwide via its subscription based Prime service in 2017 while adding more new members than ever before.
The e-commerce giant, which revealed its Prime shipment numbers for the first time, did not give comparable full-year shipment number for 2016.
Amazon claimed that its Fire TV Stick and voice controlled smart device Echo Dot were the best-selling products among US Prime members from any manufacturer in any category across all of its product offerings. Amazon Prime, which offers its users services like free two-day shipping for certain purchases, unlimited streaming of movies and TV shows with Prime Video, has been attracting more subscribers every year.
The company said it shipped over one billion items worldwide via Prime during holiday season in 2016.
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Amazon Prime, which entered countries including Mexico, Netherlands, Luxembourg and Singapore last year, now is present in 16 countries around the world.
Shares of the Seattle, Washington based company were up 1.5 percent at $1,187 in afternoon trading.
By Vibhuti Sharma; editor: Arun Koyyur.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.