Why is Flipkart called Flipkart
Delivery crisis at H&M, Saturn on the test bench, Rocket Internet, Zooplus, Amazon, Flipkart, Walmart, online growth
Dear reader, Delivery times of up to two weeks without notice. At H&M, the 80s have just taken over logistics again. Customers grumble in series. The trundling fashion brand is making itself superfluous. Another brand will probably have to justify its existence better in the future.Share this article
Saturn on the test bench:According to LZ information, the Saturn brand is being put to the test at Ceconomy. Reasons: It's going badly and you can't really explain the difference to Media-Markt to any customer. Apparently not himself either. At Media-Saturn, you have been pondering this question for what feels like an eternity. "The two-brand strategy will not be shaken," says the company meanwhile.
H&M invents "Next Month Delivery" - so to speak:H&M is having delivery problems when ordering online. The complaints are increasing on the Facebook fan page. There, the fashion chain speaks of "increased order volume" and issues a certificate of poverty: "Your shipments should probably reach you after 7-8 working days," it says or "that in the best case it can take 3 to 8 days for the Fashion musthaves find their way to the customer. " I translate the PR German: Please buy, please somewhere else.
Rocket Internet must keep hoping for profits:
Above all, the fashion sales holding Global Fashion Group (GFG) is growing strongly. The home accessories start-up Westwing increased sales by 6.2 percent to 265.8 million euros. The cook box mail order company HelloFresh and the food delivery service Delivery Hero should even hit the black in 2018. Rocket also reduced its losses significantly from EUR 741.5 million in the previous year to EUR 6 million.
But that is also due to the sale of shares.
In any case, the share price fell slightly after the figures were announced and, at around EUR 25, is a long way from its issue price of EUR 42.50 in October 2014. Reason enough not to be quite so loud.
Zooplus is fighting Amazon with its own brands:
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"Amazon Wardrobe" is getting bigger:
Obstacles to the Flipkart deal:
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