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Weinswig’s Weekly 14 minutes

Weinswig’s Weekly — August 9, 2019

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Coresight Research

Key Points

  • This week’s note “From the Desk of Deborah Weinswig” looks at the impact of the falling UK pound on British consumers and retailers.
  • FedEx will end its delivery agreement with Amazon as the online juggernaut develops its own delivery network which could potentially compete with FedEx.
  • UK-based online fashion group Boohoo Group has purchased the online business and intellectual property rights of fashion brands Karen Millen and Coast from administrators for £18.2 million ($22.1 million).
  • Indian e-commerce firm Flipkart will add a free video streaming service to its app, rolling out to 1% of users now but with a target of 100% in 20 days. The move is designed to attract new users and increase engagement.

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