Ecommerce & Business News 24 August 2020 - Good News Stories

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Ecommerce & Business News

Good News Stories This week

This week we've seen KFC join the likes of McDonalds, Starbucks, Mastercard, Burger King and Coca-Cola (amongst others) to amend their slogan and promote social distancing.  The creativity many brands have shown during COVID-19 has been, in many cases, astonishing, yet simple, and promoting solidarity has become part of the 'new normal'.  

So let's all look on the bright side, 'fist bump' the air and have a read of the latest Good News in ecommerce & business.  

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Clothing brand Gymshark becomes UK’s newest £1bn start-up. 
(Financial Times)

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The Very Group revenue tops 2 billion pounds for first time
(Fashion United)

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Asda builds up e-commerce success.
(Retail Technology)

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Pandemic accelerates digital transformation of UK food and grocery market.
(IGD)

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Angry Birds maker happy as stay-at-home gaming boosts profit. 
(Reuters)

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Majestic Wine in new podcast play as digital development continues.
(Essential Retail)

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Dr Martens has seen its yearly sales and profits rise thanks to a strong online performance. 
(Retail Gazette)

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Pandora’s astonishing online sales growth as Covid forces change in buying habits.
(Professional Jeweller)

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Amazon is now selling Morrisons goods on its main website in a major boost for the grocer’s online operations.
(Charged Retail)

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Skechers gains as e-commerce sales soared as much as 428.2% during the second quarter.
(Nasdaq) 

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eBay pledges to absorb digital tax for sellers.
(Retail Week)

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UK retail sales surge past pre-Covid peak in July.
(Gulf-Times)

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‘UK retailers should look to China to support their Covid-19 recovery’.
(Retail Week)

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Shoppers Are Buying Online More Than Ever, But Customer Retention Is at Its Lowest.
(Footwear News)

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Target Sales Growth Hits Record As Faster Delivery Boosts Online Demand.
(ESM Magazine)

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Estée Lauder’s Post-Coronavirus Plan Relies Heavily on E-commerce. 
(WWD)

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Astound Commerce Launches Cutting-Edge Video Etailing (VTail) Tool. 
(MarTech)

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Offices yield to warehouses as Covid-19 changes UK real estate.
(The Business Times)

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Go Shop Astro Malaysia Holdings Bhd’s e-commerce arm, is among the digital shopping platforms that have been able to meet the soaring online demand for products and services this year.
(The Edge Markets)

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Alibaba Says Business Is Back to Pre-Covid-19 Levels.
(Sourcing Journal)

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Egyptian tech startups offer hope for economy in post-COVID world.
(AL-Monitor)
 

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