Former longtime Neiman Marcus fashion director Ken Downing is moving onto his next big project. Downing has joined publisher Hearst as its chief brand officer to oversee the vision, creation and marketing strategy for a new fashion magazine e-commerce venture called The Tower, Hearst said Thursday. The editor-infused digital shopping […]
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Looking for an E-Commerce Stock That Will Benefit From a COVID-19 Vaccine? Try Revolve Group
Most e-commerce companies got a massive boost in 2020. Etsy, Shopify, and Wayfair saw their share prices jump 100% or more in the past year due to an increased demand for online shopping. One e-commerce business actually saw significant headwinds in 2020: Revolve Group (NYSE:RVLV). The fashion retailer saw sales and […]
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Pandemic window-shopping: Abandoning e-commerce shopping carts
A woman is seen shopping on ASOS the online fashion store on a laptop. Dinendra Haria | SOPA Images | LightRocket | Getty Images In normal times, Amanda Ryczek window-shopped — wandering around with no intention to buy, but taking time to see new merchandise or thinking of what could […]
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Online fashion stocks in vogue as coronavirus speeds ecommerce
By Emma Thomasson BERLIN (Reuters) – Shares in online fashion retailers Zalando and ASOS jumped on Thursday after the German company said it expects a big increase in second-quarter sales and operating profit as coronavirus lockdowns accelerate a shift to ecommerce. The growth rate of online fashion looks set to […]