Good News from Ecommerce & Business - 9 November 2020

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News

Ecommerce & Business News

Good News Stories This week...

We are a bit worried that this piece is redundant this week.  Vaccines are on the horizon and there are tantalizing signs of hospital admissions stabilising.  Still it is good to know that whatever lights there may be at the end of the tunnel, there are still some good stories out there right now to counter the media's claims of economic doom and gloom.

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Gousto achieves UK unicorn status with $1bn valuation.
(The Grocer)

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HelloFresh Sees Orders Double As Consumers Embrace Meal Kits During Lockdown.
(ESM)

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Sainsbury’s products now available on both Deliveroo and Uber Eats as it rushes to expand delivery capabilities.
(Charged Retail)

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Sainsbury’s launches tie-ups with Uber Eats and Deliveroo.
(Retail Week)

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Burberry is diving even deeper into the online gaming sector, announcing a partnership with China’s Tencent Games.
(UK Fashion Network)

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Joules says sales boosted by strong ecommerce growth.
(Fashion United)

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Iceland sales rise as customers stock up on frozen food.
(Retail Gazette)

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CJ Lang reports 18% sales growth since April.
(The Grocer)

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Michael Kors owner Capri Holdings Ltd beat quarterly revenue estimates buoyed by strong demand in China and surging online sales.
(Reuters)

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40% of UK will choose online for Christmas food shop this year.
(Charged Retail)

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Hugo Boss dresses down as pandemic spurs casual trend.
(Market Screener)

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Video commerce: ushering a new era for ecommerce?
(Internet Retailing)

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Boots adapts to ecommerce boom and sustainability drive through enhanced packaging.
(Internet Retailing)

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Retailers Switch to Global SaaS Platform Sorted as COVID-19 Deliveries Soar by 1700%.
(MarTechSeries)

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PayPal Holdings Inc beat Wall Avenue estimates for quarterly income and revenue on Monday, boosted by a surge in digital funds as COVID-19 lockdowns worldwide drove extra companies on-line.
(Todays Ecommerce)

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Saks Fifth Avenue launches new e-commerce experience.
(Fashion Network)

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Luxury ecommerce sales have shifted throughout pandemic: report
(Luxury Daily)

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After pandemic-led slump in June, Mondelez registers growth in September quarter in India.
(The Economic Times)