Azoya Weekly Express: 10 Top Headlines In Retail & E-commerce
by Azoya
In this page, we have gathered 10 latest news and headlines just happened within retail and e-Commerce industry.
Top stories include the changes of L'Oreal, Pinduoduo, co-branded campaigns and more.
Pinduoduo challenger Taojiji bankrupt after funding attempt fails - Dec 9
Taojiji, an e-commerce startup that once tried to dethrone its much bigger Nasdaq-listed Chinese rival Pinduoduo, declared bankruptcy on Monday.
L'Oréal announces Prada tie-up for 2021 luxury beauty line launch - Dec 12
L’Oreal announced the long-term agreement with Parada to develop a luxury beauty line. Prada is best-known for its luxury leather goods, footwear and apparel. It is Prada’s first move into beauty.
AOBiome aims to capture China market with Mother Dirt “twin” - Dec 4
AOBiome launched the new product “AO+ skincare” six months ago which is typically created for mainland and HongKong China. AOBiome plans to focus on digital marketing in 2020 in China.
J&J-owned Dr. Ci:Labo ramps up travel retail presence to attract more Chinese consumers - Nov 27
Dr.Ci:Labo has become the first brand on Tmall super brand day. Now it is targeting at the Chinese travel retail market in South Korea by launching the virtual interactive games. And it is planning to roll out more boutiques across China in 2020.
China’s NMPA orders additional tests on cosmetic products containing sunscreen agent - Nov 19
NMPA (National medical products administration) requires non-sunscreen products containing chemical sunscreen agents to be tested for the compounds. The tests can be conducted by third-party testing institutions but they must first register with the NMPA.
Nike now holds patent for blockchain-based sneakers called “CryptoKicks” - Dec 10
Nike’s Cryptokicks original patent was filed back in April, consumers are expected to see Cryptokicks in the wild.
Limited-Edition Gucci Snapchat Spectacles Launch Exclusively at Art Basel Miami - Dec 9
Snap Inc launched the third smart sun-glasses “Spectacle 3” which is cooperating with Gucci. Spectacles 3 is equipped with 2 inside cameras and 4 integrated microphone.
Zara Owner Adopts Sewn-In Tags and Other Ways to Track and Slash Inventory - Dec 11
Zara can run the company with even less with the help of RFID and full stock integration.
Virospack targets China expansion as the domestic industry goes upmarket - Dec 11
Virospack believes there is huge potential in China’s domestic market, it began expanding its presence in China in 2018, at the end of 2019, it opened a dedicated office in Shanghai to further cement its commitment to the market.
Want to know how to do marketing in China?
Check out our Affiliate Marketing in China 2019
Used apparel service, The Renewal workshop, raises $5.5 million, expands into Europe - Dec 12
The Renewal workshop, which helps brands run their used clothing program has raised $5.5 million, and it plans to use the fund into the expansion in the European market.