This week’s note “From the Desk of Deborah Weinswig” looks at the changes in luxury as the business seeks to keep up with the fast-shifting consumer landscape.
This week’s note “From the Desk of Deborah Weinswig” discusses our recently published second annual survey of Amazon apparel shoppers. Amazon is reportedly planning to open dozens of grocery stores in several major US cities. The stores will be distinct from the company’s Whole Foods chain and the first is to open in Los Angeles as early as the end of this year. Berlin-based e-commerce retailer Zalando is expanding cosmetics delivery to five new markets: Belgium, France, Italy, Denmark and Sweden. The company previously offered cosmetics only in Germany, Poland and Austria. JD.com has expanded its partnership with UK-based online luxury fashion retailer
Amazon was among the retailers to report a slower holiday quarter: The company’s North America sales growth slowed from 35.0% in the third quarter to 18.3% in the fourth quarter. These figures exclude Amazon’s high-growth Amazon Web Services (AWS) business and, so, should closely reflect its retail and marketplace revenues.
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