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Yandex is set to launch an online grocery delivery service in Paris and London in the second and third quarters of this year respectively, after strong sales in Russia during…
Read MoreCanada Goose vows to “keep the planet cold and the people on it warm”
Canada Goose has announced it will only use 100 per cent sustainable packaging by 2025 according to its 2020 Sustainability Report.
The report notes the luxury fashion brand’s progress so…
Read MoreAdidas reveals mushroom-based Stan Smith trainer
Adidas has revealed it is releasing an eco-friendly version of its classic Stan Smith silhouette made from the roots of mushrooms.
The new material, coined mylo, is made from a…
Read MoreStitch Fix founder Katrina Lake steps down as CEO
Online personal styling service, Stitch Fix has announced founder Katrina Lake is to step down as chief executive.
Lake will transition to the role of executive chairperson of the board…
Read MoreOcado invests £10m in self-driving vehicle firm Oxbotica
Ocado has announced plans to invest £10 million in autonomous vehicle software firm Oxbotica, in a bid to reduce operation and delivery costs.
The partnership, which includes aspects of self-driving…
Read MoreShopify integrates Alipay opening its users to “more than a billion” Chinese shoppers
Shopify merchants will now be able to receive payments through Alipay opening their stores to “more than a billion people in China”.
According to research published in January, 90 per…
Read MoreUK retailers’ rents could soon be based on online sales
Retailers which have seen their online revenues skyrocket during the pandemic could see their rents shoot up under a progressive new leasing model.
Under the newly proposed model, which is…
Read MoreMicrosoft confirms plans to buy TikTok despite imminent US ban
Microsoft is in talks to buy social media giant TikTok in the US just days after President Trump threatened to ban the app over security concerns.
Microsoft confirmed yesterday that…
Read MoreAlibaba founder Jack Ma offloads $9.6bn in stock
Alibaba’s co-founder Jack Ma has offloaded a whopping $9.6 billion (£7.61 billion) over the past year while his company’s share price has risen 40 per cent.
Ma, China’s richest man…
Read MoreEtsy sees share price triple to all time high to become one of the few retail winners of pandemic
Etsy’s stock price has more than tripled since mid-March and now stands at a record high marking one of the few retail success stories to emerge from the pandemic.
The…
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