retail therapy

Luxury e-commerce is a tough market to be in.

I know very little about any of this, as I am not a luxury consumer! It seems the money-losing business was burning a hole in the owner’s pocket. “Mytheresa has entered into a binding agreement to acquire 100 per cent […]

retail therapy

The internet is insecure.

“Thousands of online stores running Adobe Commerce and Magento software have been hacked starting this summer and infected with digital payment skimmers.” ~ learn more

retail therapy

Shein accuses Temu of running “fraud” marketplace.

“Moreover, Shein claims that Temu has “continuously directed and used unfair and unlawful means” to compete, including by stealing valuable trade secrets, “egregiously” infringing on Shein’s copyrights, as well as poaching its resources, employees, and suppliers.” ~ learn more

retail therapy

FTC says no more fake reviews, please.

“The U.S. Federal Trade Commission has finalized its rules to combat fake reviews and testimonials, including those generated by A.I., by prohibiting their sale or purchase. The rule will also allow the commission to seek civil penalties against knowing violators.” […]

retail therapy

Nike: an epic saga of value destruction.

Former Nike marketer Massimo Giunco indicts the three key strategic decisions taken by CEO John Donahue since January 2020. 1) Eliminating sports-based categories in favor of men/women/kids; 2) Cutting wholesale sales in favor of d2c; 3) Centralizing its marketing model […]