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The Expo will bring the latest and finest products, solutions and strategies to feed retailers' hunger for impressing their customers and expanding their online territories

internet retailing business

Augment Paris HQ

Yoox Net-a-Porter SpA climbed on its debut after the Web distributors of Prada totes and Burberry trenchcoats combined to create the world’s largest online luxury retailer

Yoox agreed in March to buy Net-a-Porter from Cie. Financiere Richemont SA in an all-stock transaction.

competition intensifies in Web retailing of luxury goods

Группа компаний “Обувь России” начала тестировать пуш-уведомления. В начале марта в магазине сети Westfalika (входит в группу) в Новосибирске были установлены маячки iBeacon. Когда посетитель, у которого на смартфоне установлено и запущено приложение Westfalika, проходит рядом с магазином, в зоне действия маячка, он получает всплывающее персонифицированное уведомление о скидках, распродажах или акции в магазине, с приглашением зайти в офлайновую точку сети. 

В прошлом году мобильная аудитория интернет-магазина Westfalika увеличилась на 7%, и сейчас уже каждый третий посетитель заходит со смартфона или планшета. Поэтому в компании тестируют новые способы мобильного продвижения. В то же время, технология iBeacon –  инструмент, который позволяет не только создавать персонифицированные предложения, но и собирать разнообразные данные о покупателях: сколько людей зашло в магазин, сколько времени они там провели.

“Обувь России” тестирует пуш-уведомления

users of the messaging app WeChat can order food, call a taxi, check their bank balance and even shop flash sales of limited-edition goods. And for the user, the experience is just like texting a friend.

Cheapest Labor Since Tsars Ruled Russia a Draw for Samsung, Ikea

A combination of the country’s worst currency crisis since 1998 and an unprecedented slide in real wages for most of the past two years has resulted in salaries that have become “broadly competitive” with China’s for the first time since the tsarist era ended a century ago, according to Renaissance Capital.

“It won’t be an exaggeration to say that Russia may become the region’s factory,” said Yaroslav Lissovolik, chief economist at the Eurasian Development Bank. “The goal of our manufacturers in Russia is to create alliances with foreign companies, to become part of regional and global chains of added value and thus to increase not only the country’s competitive potential, but also its export potential.”

A product team at Google is working on a hardware device that would integrate Google's search and voice assistant technology, akin to the Amazon Echo

a portable speaker with voice assistant tech

voice search and intelligent personal assistance will occupy center stage at the company's splash show

Law firm Baker & Hostetler has announced that they are employing IBM’s AI Ross to handle their bankruptcy practice, which at the moment consists of nearly 50 lawyers.

Ross, “the world’s first artificially intelligent attorney” built on IBM’s cognitive computer Watson, was designed to read and understand language, postulate hypotheses when asked questions, research, and then generate responses (along with references and citations) to back up its conclusions. Ross also learns from experience, gaining speed and knowledge the more you interact with it.

“At BakerHostetler, we believe that emerging technologies like cognitive computing and other forms of machine learning can help enhance the services we deliver to our clients.”

ay you’re a time-starved man with a hankering to dress better. Just sign up on Trunk Club, one of whose style experts will call or email you shortly after to talk about your vision for your wardrobe. A few days later, a bemused FedEx employee shows up at your door bearing a trademark "trunk" (made of cardboard), which contains 10 or so items of clothing.

Finding someone who knows style is less important than finding someone who understands sales and relationship management

We have between 40 and 50 now, and 90% are women. They tend to have a background that includes sales, but rarely retail.

Gimenez’s take is “shoppable Instagram:” an app that uses image recognition and a large collection of retailers — 400-500 merchants selling over two million items from upwards of 15,000 brands — to create a more engaging and ultimately more fruitful social commerce experience.

Social commerce, the idea of buying products listed on social media sites, is huge in Asia.

“When you see anything online or on Instagram, the frustration is that you can’t shop even when people are using it as merchants,

The SUPER AWESOME ME experience begins when the fan visits an in-store scanning station where a 3D face scanner captures their likeness to create a 3D model.

At launch, fans can visit one of 10 Walmart or two Sam’s Club stores to create a personalized 12” action figure. The SUPER AWESOME ME figure features a traditional 12” articulated plastic action figure body and a full color 3D printed head. Recommended for fans ages 4 years and older and available for an approximate retail price of $45, the SUPER AWESOME ME figure will be available for pick up at Walmart locations or ship to Sam’s Club customers in four weeks.

Alibaba Group Holding Ltd (NYSE:BABA) has entered into a partnership with Walt Disney Co (NYSE:DIS) to distribute the merchandise of Marvel Studio’s blockbuster movie, Avengers: Age of Ultron

Alibaba has become the first official distributor of Marvel Studio’s merchandise in China. The move is also significant since this is the first time for the company that it has used its platform to bring merchandises related to a movie to its customers

Amazon is working on plans to open hundreds of brick-and-mortar bookstores

Amazon already has one physical store that opened back in November.

Physical bookstores quickly turned into showroom floors where people would browse and then go buy books for cheap at Amazon.

Consumers in China spent $116.8 billion on luxury goods abroad in 2015

This translates to 46% of the global volume of high-end goods, which includes branded leather goods, cosmetics and electronics, according to consultants at Beijing-based Fortune Character Group, which derived these figures from the revenues of some 20,000 brands.

The government says that 120 million Chinese tourists — just about 1% of the population — went overseas in 2015, and contributed to 12% of global spending on their holidays.

When we launched ads two years ago, ads were available in just eight countries. In September, we opened for business in around 200 countries

Facebook’s global sales team was beginning to push Instagram’s advertising to small businesses, providing them with the ability to target marketing at particular users

that international expansion was a priority, with 75 per cent of its more than 400m users based outside the US

The in-app checkout allows consumers to tap a shoppable product tag in a post, select product details like sizing and coloring prior to clicking a "Checkout on Instagram" button, and enter their payment and shipping information to complete the purchase, all without leaving the app.

By allowing consumers to check out right on Instagram, brands and retailers may be able to inspire more impulse purchases because consumers won't have to go through a laborious checkout process where they might get frustrated or just change their mind about the product.