08 Nov Ecommerce News Roundup | 7 November 2022
Now for some non-inflation news…Gas continues to fall in price meanwhile over on Twitter, despite the headlines, staple food items such as rice and corn are now at a lower price than this time last year and even lower than they were 10 years ago (Bloomberg via twitter). Shipping continues to drop although oil is still stable if not slightly rising. And it looks like the semi-conductor supply-chain crisis is easing.
The other counter-intuitive news, given that we are all worried about the ‘climate emergency’, is that Ryanair is having its most profitable time ever. That’s not just looking in the rear-view mirror – forward business is massively up.
People are still spending but not in predictable ways…
If he who bases his hopes on human nature is a fool, he who gives up in the face of circumstances is a coward.
SOCIAL MEDIA & PLATFORM NEWS – Ralph Lauren + Fortnite
Ralph Lauren partners with Fortnite!
UK ECOMMERCE NEWS – Hugo Boss, DFS, ITV, …
Not really news but a great article about the relative rise in Brand:Performance
Is your business stuck in the performance plateau?
DFS sees digital green shoots once more
Mike Ashley pushes further into D2C (or is it really multi-channel?)
ITV ad income down
Hugo Boss surging ahead in Q3
Bloomsbury shows that books are now an affordable luxury
INTERNATIONAL ECOMMERCE NEWS – Shein, MercadoLibre, Alfa Romeo,…
Luxury jumps onto Netflix ads
Etsy and eBay do well
Car manufacturer Stellantis (Jeep, Fiat, Alfa Romeo) reports improved semi-conductor supplies
Thoughts on the decline of the on-demand economy
Marcolin shows strong global growth
Shein shows that fast fashion is not yet dead
Latam ecommerce giant MercadoLibre shows 60% growth