According to a report released by Signifyd on Tuesday, total losses of online retailers due to e-commerce fraud rose 7% in 2017, with the beauty and jewelry industries suffering some of the largest increases.
British fashion brands like Victoria Beckham, Vivienne Westwood and Wool and the Gang are set to benefit from an advertising campaign running across three major Chinese and Hong Kong e-tailers next week.
Macy's CEO Jeff Gennette announced that the retailer is rolling out mobile checkout through its app to all stores in the US by the end of the year. It is also launching a VR feature for furniture shopping this spring.
La Jolla Group has made a number of changes to its executive team. The company is consolidating its O'Neill business and also has brought on former Nike and Roark leaders to head up strategy and finance.
On the heels of its Athleta brand achieving Benefit Corp certification, Gap, Inc. has announced a sustainability goal of saving 10 billion liters of water, the daily drinking need for 5 billion people, by 2020.
Chinese e-commerce platform Alibaba is reportedly considering acquiring Pakistani fashion e-tailer Daraz, owned by German start-up company Rocket Internet, in a bid to gain a foothold in the South Asian country.
Luggage and accessories label Travelteq has opened its first flagship store in Amsterdam. The shop carries a collection of bags, trolleys and accessories as well as travel-related products, including books.