Internet Retail


  • *Yoox makes all-share offer to buy Net-a-Porter. *Yoox share up 9 pct after 10 pct rise on Monday. PARIS/ MILAN, March 31- Italian online fashion retailer Yoox has bought Net-a-Porter, its upmarket rival, in an all-share deal that creates an industry leader in the booming online luxury market, with combined sales of 1.3 billion euros.

  • *Yoox and Richemont's Net-a-Porter confirm merger talks. *Yoox shares up nearly 10 percent. PARIS/ MILAN, March 30- Italian online fashion retailers Yoox and Richemont's Net-a-Porter confirmed merger talks were under way to create a leader in the fast-growing online luxury market.

  • UPDATE 1-Yoox confirms Net-a-Porter merger talks Monday, 30 Mar 2015 | 8:39 AM ET

    MILAN/ PARIS, March 30- Italian online fashion retailers Yoox and Richemont's Net-a-Porter confirmed merger talks were under way to create an industry leader in the fast-growing online fashion market. Sources told Reuters at the weekend that a purchase of Net-a-Porter by Yoox could be announced as early as this week, sending shares in the Italian group up more...

  • BERLIN, March 26- European Union regulators plan a year-long investigation into ecommerce to help remove barriers to cross-border trade in the 28- nation bloc, the EU's antitrust chief said on Thursday. European Competition Commissioner Margrethe Vestager said she decided to launch the inquiry because such hurdles were hampering the growth of online...

  • Jay Z’s Tidal trumps Spotify with Taylor Swift Wednesday, 25 Mar 2015 | 11:18 AM ET

    Taylor Swift may have ditched Spotify, but that doesn't mean she's dropped streaming. Swift's music is now streaming on Jay Z's service, Tidal.

  • Buy now! Three business models disrupting retail Tuesday, 24 Mar 2015 | 5:07 PM ET
    Earth moving disruption

    Retail technology venture capitalist Kyle Fugere offers up three business models disrupting retail as we know it.

  • Sun, surf and business in Miami's South Beach Friday, 20 Mar 2015 | 2:12 PM ET

    Today, Wilson, who is the co-founder of online luxury e-tailer Gilt.com, visits Miami multiple times each quarter for her latest startup, Glamsquad.com. This on-demand hair and makeup service also has operations in New York, where Wilson lives, and Los Angeles, but Miami is special because it feels like her second home. Home base: Soho Beach House "It's really easy to...

  • BERLIN, March 19- German discounter Aldi, which has long avoided online sales as not profitable enough, is planning to trial ecommerce in Britain and possibly other countries too, including its home market, a trade journal reported on Thursday. Germany's Lebensmittel Zeitung cited unnamed sources as saying Aldi was preparing to launch an online store in...

  • Aldi to test ecommerce in Britain, other markets - report Thursday, 19 Mar 2015 | 12:43 PM ET

    *Aldi North mulls online sales in Spain, Portugal- report. Germany's Lebensmittel Zeitung cited unnamed sources as saying Aldi was preparing to launch an online store in Britain, where grocery ecommerce is more advanced than elsewhere in Europe, already accounting for about 5 percent of sales. Online grocery sales will roughly double from 2012 to 2016 in five...

  • TOKYO, March 19- Japanese online retailer Rakuten Inc is buying U.S. eBook company OverDrive Inc for about $410 million, deepening its push into the U.S. market and into the "sharing economy." Rakuten's announcement on Thursday about the OverDrive deal comes a week after it led a $530 million funding round for U.S ride-sharing service Lyft, signaling Rakuten's...

  • March 18- Apparel retailer Guess Inc's quarterly profit beat market estimates as the company's expenses declined and online business grew. The company's e-commerce sales jumped 37 percent to a record $80 million in the fourth quarter ended Jan. 31, underscoring a growing customer preference for shopping online. Selling, general and administrative expenses...

  • $800 for Lululemon shorts? The yoga black market Monday, 16 Mar 2015 | 5:24 PM ET
    Lululemon athletica host complimentary yoga classes.

    It's not often that the price of a pair of running shorts costs more than a yearlong gym membership.

  • Pirate Joe's buys at Trader Joe's, sells in Canada Thursday, 12 Mar 2015 | 1:44 PM ET
    Pirate Joe's

    Pirate Joe's, which sells Trader Joe's brand goods in Vancouver, is planning to add a second store and an online storefront.

  • Snapdeal drums up custom in Slumdog's Dharavi Thursday, 12 Mar 2015 | 9:10 AM ET

    *Snapdeal is India's second-largest online shopping market. The company's aspirations are backed up by serious investment from the likes of Japan's Softbank Corp, which ploughed $627 million into Snapdeal last October, and could soon get a boost from Chinese e-commerce giant Alibaba Group, which is in talks for another cash investment, a source told Reuters...

  • *Amazon seen eventually launching "Fresh" in Germany. COLOGNE, Germany, March 12- Germany's second-biggest supermarket group REWE is investing heavily in grocery ecommerce even though it does not expect to turn a profit soon, as it braces for Amazon to expand its food delivery service. The online customer is our opportunity to become the number one in Germany.

  • March 12- Ride-sharing service Lyft said it raised an additional $530 million in a funding round led by Japanese online retailer Rakuten Inc, giving the Uber rival a valuation of $2.5 billion and adding momentum to its expansion plans. Rakuten said it is investing $300 million for an 11.9 percent stake in San Francisco- based Lyft- its first investment in a...

  • Amazon opens store on rival Alibaba’s site Friday, 6 Mar 2015 | 12:32 AM ET
    Jeff Bezos introducing Fire Phone

    Amazon opened a store on Alibaba's business-to-consumer platform Tmall Thursday in a move that analysts say will boost awareness of its brand in China.

  • Wayfair CEO: Marketing investment working   Thursday, 5 Mar 2015 | 8:35 AM ET
    Wayfair CEO: Marketing investment working

    Niraj Shah, Wayfair CEO, discusses his company's earnings beat, IPO, and making money in e-commerce. And Bill George, Harvard business professor, weighs in.

  • Investors calling bottom in Alibaba Thursday, 5 Mar 2015 | 6:00 AM ET
    Jack Ma

    A measure of buying interest, which has called the bottom in three stocks so far this year, is signaling the bottom may be in on Alibaba.

  • Kate Middleton's hairbrush killing it on Tmall Wednesday, 4 Mar 2015 | 5:44 PM ET

    Tangle Teezer, a London-based maker of hair brushes reportedly used by Kate Middleton, is among the top selling British brands on Alibaba's Tmall.