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 — Amazon.com Inc. lowered its free shipping threshold to $25 from $35, undercutting Wal-Mart Stores Inc. by $10 and escalating a battle between the world's e-commerce leader and the world's biggest retailer.
The new threshold shows Amazon competing for shoppers who don’t pay $99-a-year for Amazon Prime, which includes free two-day shipping on millions of items as well as access to music and video. These customers are Amazon’s most loyal shoppers.
The new pricing targets consumers who are more likely to defect to Wal-Mart since the Bentonville, Arkansas-based retail giant offered free two-day shipping on orders of at least $35 while expanding its online marketplace inventory.
Amazon’s non-Prime customers who qualify for free shipping will have to wait longer for their deliveries than Wal-Mart shoppers — five to eight business days, according to the Seattle-based company’s website.
By Spencer Soper; editors: Jillian Ward, Andrew Pollack and Molly Schuetz.
Fast-growing start-ups like Hettas, Saysh and Moolah Kicks created sneakers designed specifically for active women. The sportswear giants are watching closely.
The companies agreed to cap credit-card swipe fees in one of the most significant antitrust settlements ever, following a legal fight that spanned almost two decades.
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
The fast fashion giant occupies a shrinking middle ground between Shein and Zara. New CEO Daniel Ervér can lay out the path forward when the company reports quarterly results this week.