10 Jan The Ecommerce News Roundup – 10 Jan 2022
I never fail to be impressed by the resilience of markets and their ability to adapt. Whilst there have been casualties and many sorry tales of woe, by and large the UK has proved itself to be extraordinarily robust.
As we roll down the road into 2022, a glance at the rear view mirror shows some wrecks but the survivors have been stress tested to the extreme and the road ahead looks smooth, at least for now.
But for now, sit back and enjoy our latest ecommerce & digital newsletter!
“Britain is set to unleash a wave of economic growth by unlocking a well of untapped digital innovation… the digital economy… is a huge opportunity for us. We have one of the most vibrant tech ecosystems anywhere in the world…” (Rishi Sunak, Chancellor)
UK ECOMMERCE NEWS
Specsavers announces CGI online tool.
H&M launches its first ever virtual fashion collection.
Waitrose and Mindful Chef partner in co-branded recipe box kit.
Decathlon online revenue rises.
Online meal planning app Lollipop ties up with Sainsbury’s for launch.
Milk & More to become standalone business.
(This Is Money)
Made posts strong sales growth as it expands marketplace offering.
(The Retail Bulletin)
Whole Foods Market launches online hub.
Losses narrow at Boux Avenue.
INTERNATIONAL ECOMMERCE NEWS
Pandora posts record annual sales of $3.5bln, Q4 results above forecast.
Gymshark launches first US marketing campaign.
Sony reveals next-gen virtual reality gaming system.
P&G takes first step into the metaverse with BeautySphere.
Shiseido inks partnership deal with WeChat tech giant Tencent.
Walmart to double down on its home grocery delivery service.
China launches digital wallet to boost its official digital currency usage.
TikTok dethrones Google as most-visited website.
Instagram launches initial test of algorithm-free, reverse chronological feed options in-stream.
(Social Media Today)
Yahoo builds out shoppable ad tech with MikMak deal.
Twitter tests new topics bar.
(Social Media Today)
Twitch may just become a new frontier for beauty audience engagement.
Dr Martens unveils social-first campaign to champion emerging creative talent.
IN THE MARKETS
Fitness tech company Myzone hits USD102m valuation after BGF investment.
(Private Equity Wire)
Online meal maker Gousto raises $150m fresh funding.
Mamaearth becomes the first unicorn of 2022.
HR tech startup PayFit becomes Europe’s first unicorn of 2022.
Plus and Coop merge to form new cooperative.
The Container Store acquires Closet Works for $21.5M.
Tencent takes stake in fintech bank Monzo.
London’s Purple Dot raises €3.5 million.