Lego sees online traffic double to 100 million driving return to growth
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Lego has seen sales rocket 14 per cent in the first half of the year as traffic to its online website more than doubled to 100 million.
The Danish toy…
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Zuckerberg says advertisers will return “soon enough” as Lego becomes latest to join boycott
Lego has become the latest retailer to pull its advertising from Facebook while Mark Zuckerberg dismisses the boycott as a “small percentage of our revenue”.
The #StopHateForProfit boycott has continued…
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Toys R Us officially returns from retail grave with new tech-focused store
Toys R Us will officially return from the retail graveyard this weekend as it launches a new tech-focused experiential store.
In July Toys R Us’ owner Tru Kids, run by…
Read MoreLego could be next to launch a rental scheme
Lego could be the next retail giant to launch a rental service as it seeks to increase sustainability and reduce its heavy use of plastics.
The world’s largest toymaker is…
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Apple set to undercut Netflix with streaming service as it launches iPhone 11
Apple launched its latest iPhone while announcing that its new TV streaming service will undercut key rivals Netflix and Amazon. The iPhone 11 was officially revealed yesterday during Apple’s biggest…
Read MoreLego’s CMO slams tech giants for exposing children to “damaging” content
Lego’s chief marketing officer (CMO) has slammed big internet companies for exposing children to content that is “actually damaging to them and their privacy is not protected”. Speaking at the…
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Amazon prepares to purge thousands of small independent suppliers
Amazon is reportedly poised to launch a purge of thousands of smaller suppliers in an effort to cut costs and focus wholesale purchasing on major brands. According to Bloomberg, three…
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We are currently living in an altered world. COVID-19 has shown the fragility of businesses across all industries, but particularly in the fashion and retail sector.
Whilst many companies had…