German Online Retailer Zalando Turns Profit Before IPO

Zalando collection | Source: Zalando

Zalando SE, Europe’s largest online shoe and fashion retailer, reported a second-quarter profit of 35 million euros ($46 million), giving investors more evidence the company is controlling costs ahead of a potential initial public offering.

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Op-Ed | Alibaba’s Catch-22

A Gucci wallet of unverified origin listed on Taobao | Source: Taobao

Stuck in a ‘catch-22’ in its relationship with luxury brands, Chinese e-commerce juggernaut Alibaba should take a page from Google, maximising revenue in the short term, while buying critical time to build enduring relationships with Western brands, argue Brian Buchwald and Joshua Neckes.

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Amazon to Invest Extra $2 Billion in India as E-Commerce Race Heats Up

Amazon shipping warehouse | Source: Reuters

Amazon.com Inc. on Wednesday said it will invest a further $2 billion in India just a day after the country’s largest e-tailer Flipkart attracted $1 billion of fresh funds, raising the stakes in a nascent but fast-growing e-commerce sector.

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Millennials Shunning Malls Speed Web Shopping Revolution

Millennials prefer shopping online | Source: Lawrence Randall

NEW YORK, United States — CJ Chu is a retailer’s nightmare. The 24-year-old associate for a private-equity firm does “99 percent” of his shopping online — even toothpaste. He’d rather buy groceries on the Web than walk to the supermarket.

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Stores Still Critical to Wooing Men, But Leaders Re-Wiring for Digital Age

Gucci Brera boutique in Milan | Source: Gucci

In the age of e-commerce, physical flagships are still critical to engaging male luxury consumers, though market leaders are integrating their online and offline presence to create new digitally enhanced stores.

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India Likely to Announce Foreign Investment in E-Commerce Next Month

Source: Reuters

NEW DELHI, India — Prime Minister Narendra Modi's government could allow foreign direct investment in India's e-commerce sector as early as next month, paving the way for global online retailers such as Amazon to expand their business, four people with knowledge of the matter told Reuters.

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